Overview
What is The Challenge Program Inc?
The Challenge Program Inc, located in Johnstown, Pennsylvania, serves as a bridge between educational institutions and businesses. This nonprofit organization's primary mission is to motivate high school students to cultivate essential skills for academic success and future careers. They achieve this goal by establishing partnerships between businesses and schools, offering incentives in five categories: academic excellence, community service, STEM, attendance, and academic improvement. The program, with a team of 18 individuals, aims to inspire students to develop the habits necessary for scholastic achievement and professional growth.
Official website here: www.tcpinc.org
What are the reviews and ratings of this charity?
85% - Three-Star out of Four Star Rating
The Challenge Program Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization's score is derived entirely from the Accountability & Finance beacon, indicating strong governance practices, including a majority of independent board members and robust financial oversight. Notably, there are no issues reported regarding the diversion of assets, underscoring the integrity of its financial management.
User reviews from GreatNonprofits highlight positive experiences from volunteers, emphasizing the program's impact on student motivation and recognition. Reviewers specifically praise the initiative's role in celebrating academic improvement among students who may not typically receive awards. This recognition not only encourages individual achievement but also fosters a sense of community support through partnerships with local businesses.
While the program has notable strengths, such as a commendable program expense ratio of 63.71%, some areas could be improved. The program expense ratio indicates that a significant portion of its financial resources is invested in programmatic activities, but there is room for enhancement in efficiency. Overall, The Challenge Program Inc showcases a commitment to its mission and community, as evidenced by both its operational practices and feedback from volunteers.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Challenge Program Inc legitimate?
The Challenge Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Challenge Program Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $235,945
Professional Fundraising Fees: $0
Other Salaries and Wages: $469,295
For more financial information, click here
Official website here: www.tcpinc.org
What is the mission statement of The Challenge Program Inc?
The Challenge Program Inc, a nonprofit organization, is committed to motivating high school students to develop essential habits necessary for success in both academics and their future careers. They accomplish this mission by fostering partnerships between educational institutions and businesses. By doing so, they provide incentives that encourage students' academic achievement, rewarding them in five categories: academic excellence, community service, STEM (science, technology, engineering, and math), attendance, and academic improvement.
Official website here: www.tcpinc.org
Who is the CEO of The Challenge Program Inc?
Barbara Grandinetti is the Chairman of The Challenge Program Inc.
Official website here: www.tcpinc.org
What is the revenue of The Challenge Program Inc?
The Challenge Program Inc's revenue in 2023 was $1,467,082.
Official website here: www.tcpinc.org
Who are the executives of The Challenge Program Inc and what are their salaries?
The average compensation at The Challenge Program Inc during 2023 was $39,180. There are 18 employees and 125 volunteers at The Challenge Program Inc.
Here are 10 key members and their salaries:
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Official website here: www.tcpinc.org
Where can I find the form 990 for The Challenge Program Inc?
The Challenge Program Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tcpinc.org
Learn more at the official website: www.tcpinc.org
Mission Statement of The Challenge Program Inc
The Challenge Program Inc, a nonprofit organization, is dedicated to inspiring high school students to cultivate the necessary habits for academic success and career advancement. They achieve this mission by fostering partnerships between educational institutions and businesses. By doing so, The Challenge Program provides incentives that motivate students, encouraging them to excel in five different categories: academic excellence, community service, STEM (science, technology, engineering, and mathematics), attendance, and academic improvement. The program awards monetary incentives to students who excel in these areas, thereby promoting their overall academic success.
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Impact
August, 2024
The Challenge Program Inc motivates high school students to develop the habits required to succeed in school and in their careers by building business/education partnerships. It serves as a bridge between schools and businesses, providing 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. The program's impact is seen in the positive reinforcement it provides to students, encouraging them to excel academically and develop essential skills for future success.
This information is meant to be a general summary of The Challenge Program Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4,921
- Gross Receipts: $1,531,748
Assets and Liabilities:
- Total Assets: $1,029,080
- Total Liabilities: $552,629
- Net Assets: $476,451
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Organization Details
Founding Year
2004
Phone
(814) 533-7401Principal Officer
Barbara Grandinetti
Main Address
416 MAIN STREET SUITE 102, JOHNSTOWN, PA, 15901
Website
www.tcpinc.orgNTEE Category
Code: O50 - Youth development
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