Challenge Program Inc
- Assets
- $908.8k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 14
- Location
- Johnstown, PA
- Founding
- 12/2004
- Data as of
- 06/2022
- EIN
- 20-1644028
Organization Overview
Challenge Program Inc is located in Johnstown, PA. The organization was established in 2004. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Challenge Program Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Challenge Program 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 06/2022, Challenge Program Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. While expenses have increased by 4.2% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CHALLENGE PROGAM, INC. IS A NONPROFIT ORGANIZATION WHOSE MISSION IS TO MOTIVATE HIGH SCHOOL STUDENTS TO DEVELOP THE HABITS REQUIRED TO SUCCEED IN SCHOOL AND IN THEIR CAREERS BY BUILDING BUSINESS/EDUCATION PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHALLENGE PROGRAM IS A BRIDGE BETWEEN SCHOOLS AND BUSINESS TO PROVIDE INCENTIVES TO PROMOTE STUDENTS' ACADEMIC SUCCESS. HIGH SCHOOL STUDENTS ARE AWARDED MONETARY INCENTIVES IN FIVE AWARD CATEGORIES: ACADEMIC EXCELLENCE, COMMUNITY SERVICE, STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH), ATTENDANCE AND ACADEMIC IMPROVEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Grandinetti President/se | OfficerTrustee | 50 | $117,709 |
Karen Robatin CFO | Officer | 40 | $88,313 |
Daniel Perkins Chairman | OfficerTrustee | 10 | $0 |
Anthony Bucci Co-Chairman | OfficerTrustee | 4 | $0 |
Dennis Zatlin Director | Trustee | 4 | $0 |
Brad Chiesa Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $225,838 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,188,968 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,414,806 |
| Total Program Service Revenue | $0 |
| Investment income | $1,530 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $65,324 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,484,460 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $403,270 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $231,866 |
| Compensation of current officers, directors, key employees. | $39,641 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $357,645 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,530 |
| Payroll taxes | $53,623 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,346 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,875 |
| Advertising and promotion | $0 |
| Office expenses | $13,828 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,820 |
| Travel | $37,413 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $805 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,040 |
| Insurance | $5,035 |
| All other expenses | $13,451 |
| Total functional expenses | $1,284,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $820,852 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $21,551 |
| Accounts receivable, net | $200 |
| 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 | $15,181 |
| Net Land, buildings, and equipment | $51,031 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $908,815 |
| Accounts payable and accrued expenses | $349,797 |
| Grants payable | $0 |
| Deferred revenue | $125,000 |
| 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 | $474,797 |
| Net assets without donor restrictions | $434,018 |
| Net assets with donor restrictions | $0 |
| 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 | $908,815 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Challenge Program Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Incline Equity Partners Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jpc Charities Newark, NJ | $110,330,624 | $14,483,540 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Directions For Youth & Families Inc Columbus, OH | $17,494,170 | $7,448,441 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Youth Intensive Services Youngstown, OH | $5,192,901 | $8,719,179 |
Catholic Youth Summer Camp Inc Centerburg, OH | $24,885,717 | $8,487,345 |
Deal Sephardic Youth Center Inc Oakhurst, NJ | $15,545,893 | $7,918,218 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |
Nyc Kids Rise Inc Long Island City, NY | $4,984,268 | $4,157,127 |
Urban Dove Inc Long Island City, NY | $5,170,319 | $5,441,041 |