Parents Challenge

Organization Overview

Parents Challenge is located in Colorado Springs, CO. The organization was established in 2001. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2022, Parents Challenge employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parents 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 06/2022, Parents Challenge generated $699.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $775.5k during the year ending 06/2022. While expenses have increased by 17.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SCHOLARSHIPS, GRANTS AND PARENT ADVOCACY SESSIONS TO LOW-INCOME FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TUITION SCHOLARSHIPS, TUTORING AND EDUCATIONAL SUPPLIES.


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Board, Officers & Key Employees

Name (title)Compensation
Deborah Hendrix
Executive Director
$97,775
Steve Schuck
Board Chair / Founder
$0
Steve Everson
Treasurer
$0
Randy Cubero
Trustee
$0
Al Farr
Trustee
$0
Bob Gardner
Trustee
$0

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$699,459
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$699,459
Total Program Service Revenue$0
Investment income $246
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 $699,705

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Parents Challenge has recieved totaling $162,827.

Awarding OrganizationAmount
Daniels Fund

Denver, CO

PURPOSE: GENERAL OPERATING SUPPORT

$100,000
Woodford Manufacturing Charities Inc

Colorado Springs, CO

PURPOSE: Charitable Purpose of the Organization

$25,102
Myron Stratton Home

Colorado Springs, CO

PURPOSE: EXPAND COMMUNITY ENGAGEMENT AND EXTEND OUTREACH EFFORTS AND COLLABORATIONS WITH OTHER SERVICE-PROVIDING ORGANIZATIONS.

$15,000
$11,000
El Pomar Foundation

Colorado Springs, CO

PURPOSE: GENERAL OPERATING SUPPORT

$5,000
El Pomar Foundation

Colorado Springs, CO

PURPOSE: PARENT EMPOWERMENT CLASSES AND WORKSHOPS

$2,500
View Grant Recipient Profile

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