Rachels Challenge
- Assets
- $2.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 36
- Location
- Centennial, CO
- Founding
- 02/2001
- Data as of
- 06/2023
- EIN
- 84-1557094
Organization Overview
Rachels Challenge is located in Centennial, CO. The organization was established in 2001. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2023, Rachels Challenge employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rachels Challenge 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, Rachels Challenge generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $1.9m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 8 years. 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
TO INSPIRE, EQUIP AND EMPOWER EVERY PERSON TO CREATE A PERMANENT POSITIVE CULTURAL CHANGE BY STARTING A CHAIN REACTION OF KINDNESS AND COMPASSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC SPEAKING ENGAGEMENTS BEFORE YOUNG PEOPLE IN THEIR SCHOOLS, BASED ON THE LESSONS FROM COLUMBINE HIGH SCHOOL, IN AN ATTEMPT TO LESSEN VIOLENCE AND OFFER A MESSAGE OF HOPE AND PROMISE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell Scott Co-Founder,p | Officer | 40 | $133,748 |
Kristi Krings Current CEO | Officer | 40 | $155,769 |
Sandy Scott Co-Founder, | OfficerTrustee | 4 | $0 |
John Harrell Chairman | Trustee | 1 | $0 |
Michael Cress Member | Trustee | 1 | $0 |
Phillip M Slinkard Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rc Marketing Program Serv | 6/29/16 | $503,406 |
Marzano Research Speaker & Prog | 6/29/16 | $113,535 |
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 | $192,900 |
| Noncash contributions included in lines 1a–1f | $84,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,900 |
| Total Program Service Revenue | $1,368,109 |
| Investment income | $14,599 |
| 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 | $1,575,608 |
| 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. | $289,517 |
| Compensation of current officers, directors, key employees. | $4,673 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $685,574 |
| Pension plan accruals and contributions | $13,517 |
| Other employee benefits | $60,613 |
| Payroll taxes | $77,303 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,848 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $231,843 |
| Advertising and promotion | $0 |
| Office expenses | $37,076 |
| Information technology | $35,903 |
| Royalties | $0 |
| Occupancy | $84,000 |
| Travel | $263,258 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,300 |
| Insurance | $15,390 |
| All other expenses | $0 |
| Total functional expenses | $1,854,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $451,074 |
| Savings and temporary cash investments | $247,040 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,119 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,121 |
| Prepaid expenses and deferred charges | $49,944 |
| Net Land, buildings, and equipment | $89,717 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,925,560 |
| Total assets | $2,777,575 |
| Accounts payable and accrued expenses | $39,047 |
| Grants payable | $0 |
| Deferred revenue | $217,504 |
| 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 | $256,551 |
| Net assets without donor restrictions | $596,764 |
| Net assets with donor restrictions | $1,924,260 |
| 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 | $2,777,575 |