Challenger Learning Center Of The Twin Tier Region Inc
- Assets
- $633.1k
- Revenue
- $157.5k
- Investments
- $0.0
- Employees
- 12
- Location
- Allegany, NY
- Founding
- 05/2006
- Data as of
- 06/2023
- EIN
- 20-3574241
Organization Overview
Challenger Learning Center Of The Twin Tier Region Inc is located in Allegany, NY. The organization was established in 2006. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, Challenger Learning Center Of The Twin Tier Region Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Challenger Learning Center Of The Twin Tier Region Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Challenger Learning Center Of The Twin Tier Region Inc generated $157.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $199.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHALLENGER LEARNING CENTERS OPERATE EDUCATIONAL PROGRAMS DESIGNED TO ENHANCE THE SCIENCE, TECHNICAL, ENGINEERING, MATH,SCIENCE (STEM) AND COMMUNICATION SKILLS OF PARTICIPANTS. THE LEARNING ENVIRONMENT CONSISTS OF SIMULATED SPACE MISSIONS OPERATED BY PARTICIPANTS AND OVERSEEN BY TRAINED MISSION SPECIALISTS. THE CLC EXECUTED A CONTRACT WITH THE CHALLENGER CENTER FOR SPACE SCIENCE EDUCATION TO OPERATE THE PROGRAM. CLC IS OBLIGATED TO MEET CERTAIN OPERATING CONDITIONS AND RECEIVES CERTAIN SUPPORT FROM THE NATIONAL ORGANIZATION INCLUDING PROGRAMMING AND SOFTWARE. AN ANNUAL LICENSE FEE CURRENTLY AMOUNTING TO $19,071 IS PAYABLE TO THE NATIONAL ORGANIZATION. THE MISSION OF THE CHALLENGER LEARNING CENTER OF THE TWIN TIER REGION INC. IS DEDICATED TO OPERATING A CHALLENGER LEARNING CENTER TO SERVE PRIMARILY LATE ELEMENTARY THROUGH EARLY MIDDLE SCHOOL STUDENTS IN NEW YORK AND PENNSYLVANIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHALLENGER LEARNING CENTER OF THE TWIN TIER REGION, INC. COMPLETED ITS TWELFTH YEAR OF OPERATIONS DURING THE YEAR ENDED 6/30/23. APPROXIMATELY 203 MISSIONS WERE CONDUCTED SERVING APPROXIMATELY 4,251 PARTICIPANTS. IN THE CURRENT FISCAL YEAR, PROGRAM SERVICE REVENUE ($126,442) AND DONATIONS ($17,361) WERE PRIMARILY USED TO FUND OPERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexis Flint Treasurer | OfficerTrustee | 2 | $0 |
Angela Castle Secretary | OfficerTrustee | 2 | $0 |
Harley Ramsey Board Member | Trustee | 1 | $0 |
Steve Andrianoff Board Member | Trustee | 1 | $0 |
Donna Dombeck Board Member | Trustee | 1 | $0 |
Greg Macer Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,740 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,740 |
| Total Program Service Revenue | $126,442 |
| Investment income | $177 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,172 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $157,531 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $26,867 |
| Other salaries and wages | $62,691 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,847 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,460 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $959 |
| Office expenses | $12,471 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,185 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,227 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,812 |
| Insurance | $7,940 |
| All other expenses | $615 |
| Total functional expenses | $199,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,889 |
| Savings and temporary cash investments | $44,355 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $170,913 |
| Investments—publicly traded securities | $382,906 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $633,063 |
| Accounts payable and accrued expenses | $8,866 |
| Grants payable | $0 |
| Deferred revenue | $10,850 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $51,698 |
| Total liabilities | $71,414 |
| Net assets without donor restrictions | $559,469 |
| Net assets with donor restrictions | $2,180 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $633,063 |