Overview
What is Challenge Program Inc?
Challenge Program Inc, based in Wilmington, Delaware, is a nonprofit organization dedicated to empowering at-risk youth. Established in 1995, their mission is to equip these young individuals with the confidence, skills, and purpose necessary to become productive members of society. They achieve this by providing vocational training in construction, assisting with earning a high school diploma or GED, and offering job placement services. With a team of 78 dedicated professionals, Challenge Program Inc has been serving Delaware's youth for over two decades, offering them a chance to learn valuable skills and secure a future.
Official website here: www.challengeprogram.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star Rating
Challenge Program Inc has achieved a commendable Four-Star rating from Charity Navigator, with an overall score of 90% based on Accountability & Finance metrics. This strong rating signals a high level of financial health and organizational integrity, which is crucial for donor confidence and effective resource management.
The organization boasts a fully independent board, with 100% of its members qualified as such. Their financial oversight is reinforced by a robust audit committee, and they have shown a solid program expense ratio of over 91%, indicating that a significant portion of their funds directly supports their mission. However, some areas for improvement include the absence of a whistleblower policy and a document retention policy, which could enhance their governance practices.
While Challenge Program Inc demonstrates a solid financial foundation and operational transparency, the limitations noted in their policy documentation suggest there are opportunities for further strengthening their governance framework. Overall, the organization appears to be a reliable option for donors looking to support effective nonprofit initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Challenge Program Inc legitimate?
Challenge Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 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: $102,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $694,613
For more financial information, click here
Official website here: www.challengeprogram.org
What is the mission statement of Challenge Program Inc?
Challenge Program Inc's mission is centered around providing vocational training for at-risk youth in Delaware. This initiative aims to equip them with the confidence, essential skills, and purpose needed to become productive members of society. Established in 1995, the Challenge Program has offered young individuals the opportunity to learn valuable construction skills. Additionally, it provides assistance in earning a high school diploma or GED and job placement services. The goal is to empower these youth, helping them transition into contributing members of society.
Official website here: www.challengeprogram.org
Who is the CEO of Challenge Program Inc?
Andrew Mcknight is the President of Challenge Program Inc.
Official website here: www.challengeprogram.org
What is the revenue of Challenge Program Inc?
Challenge Program Inc's revenue in 2022 was $2,231,760.
Official website here: www.challengeprogram.org
Who are the executives of Challenge Program Inc and what are their salaries?
The average compensation at Challenge Program Inc during 2022 was $10,213. There are 78 employees at Challenge Program Inc.
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- Compensation: $100,827
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Official website here: www.challengeprogram.org
Where can I find the form 990 for Challenge Program Inc?
Challenge Program Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.challengeprogram.org
Learn more at the official website: www.challengeprogram.org
Mission Statement of Challenge Program Inc
Challenge Program Inc, established in 1995, is dedicated to empowering Delaware's at-risk youth. The primary mission of this organization is to instill confidence, develop essential skills, and foster a sense of purpose in these young individuals, ultimately transforming them into productive members of society. The Challenge Program offers a unique opportunity for young people to acquire valuable construction skills. Beyond that, it also provides assistance in earning either a high school diploma or a GED. Lastly, the organization offers job placement services to ensure these young individuals have the necessary tools to successfully integrate into the workforce. Through its vocational training program, Challenge Program Inc aims to equip Delaware's at-risk youth with the skills and resources needed to lead fulfilling lives.
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Impact
July, 2024
Challenge Program Inc's impact can be seen in the transformation of Delaware's at-risk youth into confident, skilled, and purpose-driven individuals ready to contribute productively to society. Since 1995, the organization has been instrumental in providing vocational training, valuable construction skills, assistance in earning high school diplomas or GEDs, and job placement services. Through these initiatives, Challenge Program Inc is empowering young people to break the cycle of poverty and unemployment, equipping them with the tools they need to build successful futures. By focusing on education and skill-building, the organization is creating a positive ripple effect in the community and helping to uplift the next generation of leaders.
This information is meant to be a general summary of 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 2022.
- Investment Income: $10,535
- Program Service Revenue: $818,144
- Gross Receipts: $2,256,239
Assets and Liabilities:
- Total Assets: $4,180,942
- Total Liabilities: $506,780
- Net Assets: $3,674,162
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EARNED INCOME
Revenue
$818,144
Organization Details
Founding Year
1993
Phone
(302) 655-0945Principal Officer
Andrew Mcknight
Main Address
1124 EAST SEVENTH STREET, WILMINGTON, DE, 19801
Website
www.challengeprogram.orgNTEE Category
Code: B90 - Education
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