Challenge Failure
- Assets
- $30.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 12/2015
- Data as of
- 12/2021
- EIN
- 81-0715312
Organization Overview
Challenge Failure is located in Sacramento, CA. The organization was established in 2015. According to its NTEE Classification (H43) the organization is classified as: Heart & Circulatory System Diseases & Disorders Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Challenge Failure 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 12/2021, Challenge Failure generated $556.0 in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $1.5k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
RAISING AWARENESS AND FUNDS FOR HEART FAILURE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Reisinger President | 1 | $0 | |
Robin Boriack Vice President | 1 | $0 | |
Steven Boriack Secretary, Director Of Communications | 1 | $0 | |
Elizabeth Milbauer Treasurer, Director Of Veterans Affairs | 1 | $0 | |
Andrew Reisinger Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $506 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $50 |
| Total Revenue | $556 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,499 |
| Total expenses | $1,499 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,469 |
| Other assets | $0 |
| Total assets | $30,469 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,469 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Challenge Failure has recieved totaling $33.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $33 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Heritage Medical Research Institute Marina Del Rey, CA | $238,934,185 | $27,561,662 |
Preventive Medicine Research Institute Sausalito, CA | $1,713,324 | $2,622,584 |
Vascular Cures Redwood City, CA | $4,123,824 | $516,547 |
Corday Family Foundation Beverly Hills, CA | $3,739,280 | $630,247 |
Phaware Global Association Burbank, CA | $911,775 | $484,122 |
International Society For Cardiovascular Translational Resea Phoenix, AZ | $500,843 | $312,563 |
Foundation For Cardiovascular Medicine And Research San Diego, CA | $2,574,907 | $91,466 |
International Andreas Gruentzig Society San Francisco, CA | $294,706 | $375,804 |
Medvantage Research Inc Rocklin, CA | $65,702 | $0 |
Pulmonary Pathology Society Inc Scottsdale, AZ | $390,785 | $227,087 |
International Pediatric Stroke Organization Inc San Francisco, CA | $343,019 | $397,760 |
Heart And Stroke Research Fund Scottsdale, AZ | $33,896 | $86,821 |