I Challenge Myself Inc is located in New York, NY. The organization was established in 2004. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, I Challenge Myself Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I Challenge Myself 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, I Challenge Myself Inc generated $634.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $652.9k during the year ending 06/2023. While expenses have increased by 5.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
I CHALLENGE MYSELF ENCOURAGES AND SUPPORTS PUBLIC SCHOOL STUDENTS TO EMBRACE CHALLENGES AS OPPORTUNITIES TO LEARN AND GROW, TO DEVELOP HEALTHY LIFESTYLES AND PREPARE FOR COLLEGE AND THE WORKFORCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
I CHALLENGE MYSELF'S YOUTH DEVELOPMENT PROGRAMS PROVIDE YOUTH OPPORTUNITIES TO STRENGTHEN THEIR BODIES, MINDS AND SPIRITS. OUR THREE NONCOMPETITIVE SPORTS-BASED-YOUTH DEVELOPMENT PROGRAMS ARE CYCLING SMARTS, 4TOFIT, AND YOUTH CYCLING APPRENTICESHIP. IN FISCAL YEAR 2023, I CHALLENGE MYSELF FITNESS, CYCLING AND CAREER READINESS PROGRAMS SERVED APPROXIMATELY 450 6TH-12TH GRADE STUDENTS, AGES 10-19, ENROLLED IN 6 PUBLIC SCHOOLS IN THE SOUTH BRONX, WASHINGTON HEIGHTS AND THE LOWER EAST SIDE. PROGRAMS ARE OFFERED FREE OF CHARGE TO EVERY STUDENT ENROLLED AT PARTICIPATING SCHOOLS REGARDLESS OF ATHLETIC OR ACADEMIC ABILITY. IN SCHOOL YEAR 2022-2023, THE ORGANIZATION RAN THE SECOND YEAR OF THE 4TOFIT PROGRAM WITH 251 STUDENTS ACROSS TWO MIDDLE SCHOOLS IN WASHINGTON HEIGHTS AND THE BRONX. ICM COACHES MET WITH STUDENTS TWICE A WEEK FOR THE SCHOOL YEAR, WITH THE GOALS OF INCREASING ACCESS TO PHYSICAL EDUCATION, IMPROVING THE QUALITY OF THE PHYSICAL EDUCATION PROVIDED, AND USING A GAMING CURRICULUM TO DECONSTRUCT COMMON GAMES SUCH AS SOCCER TO INCREASE PARTICIPATION, ESPECIALLY WITH GIRLS. THE STUDENTS WORKED TOWARDS AN END OF YEAR FIELD DAY AT WHICH THEY PLAYED THEIR DECONSTRUCTED GAMES, PARTICIPATED IN CHALLENGES OF THEIR OWN CREATION (EG FOOTBALL ACCURACY), AND COLLECTED POINTS FOR COMPLETION OF THESE CHALLENGES. I CHALLENGE MYSELF, MIDDLE SCHOOL STUDENTS, STAFF, AND SOME COMMUNITY MEMBERS PARTICIPATED IN THE FIELD DAY. CYCLING SMARTS INTRODUCES OUR STUDENTS TO ENDURANCE BICYCLING AIMED AT HELPING STUDENTS INCREASE PHYSICAL FITNESS AND ENDURANCE, IMPROVE SAFE CYCLING SKILLS AND INCREASE THEIR KNOWLEDGE OF NUTRITION. I CHALLENGE MYSELF OFFERED THE CYCLING SMARTS PROGRAM FOR THE 18TH YEAR AT THREE PROGRAM LOCATIONS: EASTSIDE COMMUNITY HIGH SCHOOL (15 STUDENTS), GEORGE WASHINGTON EDUCATIONAL CAMPUS (COMPRISED OF FOUR HIGH SCHOOLS; 20 STUDENTS), AND UNIVERSITY HEIGHTS HIGH SCHOOL (15 STUDENTS). STUDENTS MET TWICE A WEEK FROM OCTOBER TO JUNE, AND COMPLETED FIVE OUTDOOR WEEKEND RIDES IN THE FALL (TO PLACES LOCAL TO THE SCHOOL.) STUDENTS CYCLED IN SEVEN OUTDOOR SPRING BIKE RIDES TO PLACES FURTHER AFIELD LIKE ORCHARD BEACH OR CONEY ISLAND PLUS TO NYC-BASED COLLEGES LIKE COLUMBIA, BARUCH, AND CITY COLLEGE. A FEW HIGHLIGHTS OF THE EFFECTIVENESS OF OUR ACTIVITIES INCLUDED: 100% OF STUDENTS LEARNED BIKE SAFETY AND FELT COMFORTABLE ON THE BIKE BY THE END OF THE FIRST SEMESTER 93% OF STUDENTS FELT THE PROGRAM CREATED A SAFE AND SUPPORTED BY ONE ANOTHER (HELLO INSIGHTS) 100% FELT LIKE THEY WERE CHALLENGED TO WORK THROUGH A DIFFICULT PROBLEM HELLO INSIGHTS ALSO TOLD US THAT ONLY 64% OF STUDENTS FELT LIKE THEY WERE ABLE TO SET THEIR OWN GOALS. THUS, WE REALIZE THERE CAN BE OTHER GOALS THAN THE 100 MILER AND STUDENTS SHOULD NOT BE DISSUADED BY ONLY SETTING THAT GOAL. 40 STUDENTS RODE 25, 65, AND 100 MILES BIKE ROAD ON JUNE 4, 2023. YOUTH CYCLING APPRENTICES: WE ONBOARDED FOUR YCAS IN SY 2023. YCAS FACILITATED SPIN CLASSES AT OUR YEARLY CYCLE FOR YOUTH FUNDRAISER EVENT. THEY DEMONSTRATED GREAT MASTERY OF CYCLING AND LEADERSHIP DEVELOPMENT. YCAS AND GWEC STUDENTS WORKED WITH THE DOT THROUGH A SERIES OF SEVEN WORKSHOPS TO IMPROVE ROAD SAFETY (EG, INSTALL BIKE LANES) ON AMSTERDAM AVENUE FROM 181- 185. STUDENTS AND DOT COLLECTED DATA IN THE FIELD, ANALYZED AND INTERPRETED DATA, CREATED A PLAN BASED ON THEIR DATA, PRESENTED THEIR PLANS TO THE DOT COMMISSIONER AND WILL PRESENT THEIR PLANS TO LOCAL COUNCIL MEMBERS AT THE COMMUNITY BOARD MEETINGS. STUDENTS GAINED AN UNDERSTANDING OF LIFE AS AN URBAN PLANNER YCAS WERE IDENTIFIED IN THE BACK HALF OF THE SCHOOL YEAR WHEREAS IDENTIFYING THEM EARLIER IN THE YEAR WOULD HAVE CREATED MORE LEADERSHIP OPPORTUNITIES. WE DETERMINED THAT IT WOULD BE HELPFUL TO ONBOARD YCAS EARLY IN THE SCHOOL YEAR AND HAVE THEM PARTICIPATE IN SOME ASPECTS OF STAFF PROFESSIONAL DEVELOPMENT. ON A FINAL NOTE, IN APRIL, 15 HIGH SCHOOL STUDENTS TOOK THE METRO NORTH TRAIN TO VISIT YALE UNIVERSITY. IT'S AMAZING TO HEAR STUDENTS THINKING THAT ATTENDING YALE IS ACHIEVABLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Quentin Ball Executive Director | Trustee | 40 | $0 |
Valerie Fred Director | Trustee | 2 | $0 |
Van Shell Jr Director | Trustee | 2 | $0 |
Daniel Feit Director | Trustee | 2 | $0 |
John Ferrante Director | Trustee | 2 | $0 |
Dagmara Borre Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $73,729 |
Related organizations | $0 |
Government grants | $228,305 |
All other contributions, gifts, grants, and similar amounts not included above | $329,380 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $631,414 |
Total Program Service Revenue | $0 |
Investment income | $672 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $634,002 |
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. | $103,262 |
Compensation of current officers, directors, key employees. | $35,111 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $276,605 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $6,812 |
Payroll taxes | $60,679 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $23,503 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $81,553 |
Advertising and promotion | $0 |
Office expenses | $3,985 |
Information technology | $10,527 |
Royalties | $0 |
Occupancy | $27,842 |
Travel | $4,431 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $853 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,051 |
Insurance | $4,274 |
All other expenses | $1,556 |
Total functional expenses | $652,940 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $17,736 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $99,455 |
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 | $3,391 |
Net Land, buildings, and equipment | $24,954 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $145,536 |
Accounts payable and accrued expenses | $17,027 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $17,027 |
Net assets without donor restrictions | $63,578 |
Net assets with donor restrictions | $64,931 |
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 | $145,536 |