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Challenge Foundation Incorporated

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 364277119 ✦ Summit, IL ✦ Designated as a 501(c)(3)

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Overview

What is Challenge Foundation Incorporated?

The Challenge Foundation Incorporated is a nonprofit organization dedicated to offering vocational educational assistance and job placement services. They employ a blend of in-person instruction and online coursework to achieve their goals. During a period of inactivity in 2019, the organization took the initiative to enhance its resources, creating a new website, producing informative YouTube videos, and developing additional educational content. Despite its dormancy in one fiscal year, the Challenge Foundation remains committed to its mission of empowering individuals through vocational education and job placement opportunities.

Is Challenge Foundation Incorporated legitimate?

Challenge Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Challenge Foundation Incorporated submitted a form 990EZ, 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

What is the mission statement of Challenge Foundation Incorporated?

The Challenge Foundation Incorporated is dedicated to offering vocational educational assistance and job placement services. They utilize both in-person instruction and online coursework to achieve their goals. Despite being inactive during the fiscal year 2019, they have developed new resources such as a website, YouTube videos, and additional course content to support their mission. The organization aims to equip individuals with the necessary skills for employment, thereby enhancing their livelihoods.

What is the revenue of Challenge Foundation Incorporated?

Challenge Foundation Incorporated's revenue in 2024 was $402.

Who are the executives of Challenge Foundation Incorporated and what are their salaries?

Here are 3 key members and their salaries:


Ibrahim Chaudhry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rahman Chaudhry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Iram Chaudhry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Challenge Foundation Incorporated?

Challenge Foundation Incorporated's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of Challenge Foundation Incorporated

The Challenge Foundation, Inc., is dedicated to offering vocational educational support and job placement assistance. They accomplish this through a combination of in-person instruction and online coursework. To further enhance their offerings, the organization has developed a new website, produced YouTube videos, and created additional course content. However, it's worth noting that their programs were temporarily inactive during the fiscal year 2019.

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Impact




August, 2024

Challenge Foundation Incorporated's impact lies in its dedicated efforts to provide vocational educational and job placement assistance to individuals in need. Through in-person instruction and online coursework, the foundation strives to empower individuals with the skills and knowledge necessary to succeed in the workforce. Furthermore, the creation of a new website, YouTube videos, and other course content demonstrates a commitment to reaching and engaging a wider audience. Despite its programs being dormant in FY 2019, Challenge Foundation Incorporated's mission to support education remains clear and impactful.




This information is meant to be a general summary of Challenge Foundation Incorporated. 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.

Revenue
$402 (2024)
Expenses
$876 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $402

Assets and Liabilities:

  • Total Assets: $8,219
  • Total Liabilities: $14,100
  • Net Assets: -$5,881

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Organization Details

Principal Officer

Ibrahim Chaudhry

NTEE Category

Code: B30 - Education

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