Commonwealth Challenge Parent Association
- Assets
- $117.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 02/2006
- Data as of
- 07/2017
- EIN
- 72-1585742
Organization Overview
Commonwealth Challenge Parent Association is located in Virginia Beach, VA. The organization was established in 2006. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commonwealth Challenge Parent Association 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 07/2017, Commonwealth Challenge Parent Association generated $30.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $38.3k during the year ending 07/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
PROVIDED ACADEMIC SCHOLARSHIPS AND MULTIPLE BOOK GRANTS
PROVIDED ACADEMIC SCHOLARSHIPS AND MULTIPLE BOOK GRANTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clarence E Perry President | 7 | $0 | |
Wanda Wilmore Vice Preside | 0 | $0 | |
Dianna Valine Financial Se | 0 | $0 | |
Mittie Burnham Directr Fund | 0 | $0 | |
Clarence E Perry President | 7 | $0 | |
Wanda Wilmore Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,156 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,960 |
| Other Revenue | $0 |
| Total Revenue | $30,116 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,477 |
| Occupancy, rent, utilities, and maintenance | $1,393 |
| Printing, publications, postage, and shipping | $156 |
| Other expenses | $4,658 |
| Total expenses | $38,332 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $117,475 |
| Other assets | $0 |
| Total assets | $117,475 |
| Total liabilities | $0 |
| Net assets or fund balances | $117,475 |