Overview
What is K2 Challenge?
K2 Challenge, represented by K2 Challenge Inc, is a charitable organization that annually organizes and sponsors the Krispy Kreme Challenge. This event, usually held on February 4, aims to raise funds for the UNC Children's Hospital through a unique race that involves consuming a dozen doughnuts and running a 5-mile course. Due to the COVID-19 pandemic, the 2023 event was held virtually, attracting approximately 6,000 participants. K2 Challenge's primary mission is to support the UNC Children's Hospital and its Children's Promise Fund, contributing directly to the betterment of children's health care services.
Official website here: www.krispykremechallenge.com
Is K2 Challenge legitimate?
K2 Challenge is a legitimate nonprofit organization registered as a 501(c)(3) entity. K2 Challenge 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.krispykremechallenge.com
What is the mission statement of K2 Challenge?
The K2 Challenge, an annual event, is organized with the primary goal of raising funds for the UNC Children's Hospital's Children's Promise Fund. The event, which typically attracts around 6,000 participants, is a charity race, with all proceeds directly contributing to the hospital's cause. Despite the challenges posed by Covid-19, the K2 Challenge continued its mission in 2023 by holding the event virtually. The organization's mission is centered around supporting the UNC Children's Hospital and contributing to the betterment of children's health care.
Official website here: www.krispykremechallenge.com
What is the revenue of K2 Challenge?
K2 Challenge's revenue in 2024 was $214,273.
Official website here: www.krispykremechallenge.com
Who are the executives of K2 Challenge and what are their salaries?
There 80 volunteers at K2 Challenge.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.krispykremechallenge.com
Where can I find the form 990 for K2 Challenge?
K2 Challenge's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.krispykremechallenge.com
Learn more at the official website: www.krispykremechallenge.com
Mission Statement of K2 Challenge
K2 Challenge, an annual charity event, is dedicated to supporting the UNC Children's Hospital. This organization, known for its Krispy Kreme Challenge, raises funds through the planning and hosting of this unique race. Typically, the event attracts a large number of participants, numbering around 6,000. Due to the ongoing Covid-19 pandemic, the event had to be held virtually this year, but K2 Challenge continues to make a significant contribution to the well-being of children at the UNC Children's Hospital. The funds raised through this event are donated to the UNC Children's Hospital Children's Promise Fund, contributing to the hospital's mission of providing exceptional care to children.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The K2 Challenge significantly impacts the UNC Children's Hospital through its annual charity race, the Krispy Kreme Challenge. By attracting around 6,000 participants, this event not only raises critical funds but also fosters community engagement and awareness about the needs of pediatric patients. With all proceeds directed to the Children's Promise Fund, the challenge directly supports health initiatives, programs, and resources for children in need. Even during disruptions like the Covid-19 pandemic, the challenge adapted to a virtual format, demonstrating resilience and commitment to its mission. The event serves as a platform for philanthropy while uniting participants in a collective effort to make a difference in the lives of children and their families in North Carolina.
This information is meant to be a general summary of K2 Challenge. 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 2024.
- Program Service Revenue: $189,209
- Gross Receipts: $214,273
Assets and Liabilities:
- Total Assets: $126,109
- Total Liabilities: $0
- Net Assets: $126,109
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Race Registration for the Krispy Kreme Challenge on Race Entry Website
Revenue
$183,589
Late Registrations on Race Entry Page
Revenue
$5,620
Organization Details
Founding Year
2004
Principal Officer
Travis Nguyen
Website
www.krispykremechallenge.comNTEE Category
Code: T12 - Philanthropy
If you are a representative of K2 Challenge and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.