Overview
What is Challengers Independent Living Inc?
Challengers Independent Living Inc is a nonprofit organization dedicated to the residential care of children, aiming to support their journey towards independent living. On a monthly basis, they provide living accommodations for an average of 51 children, investing their efforts to foster self-sufficiency among this group. The organization's core mission is to ensure these children grow up with the necessary skills and resources to lead independent lives.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 82% (Three-Star out of Four Star rating)
Challengers Independent Living Inc has received a Three-Star rating from Charity Navigator, indicating a solid score of 82%. This score reflects a strong emphasis on accountability and finance, showcasing the organization's commitment to transparency and responsible financial management. Achieving a perfect score for having a fully independent board and high marks in financial audit and asset management underscores the organization’s dedication to ethical governance.
The organization displays commendable financial health with a program expense ratio of 91.20%, indicating that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, its liabilities to assets ratio of 22.38% suggests effective management of its financial obligations, enhancing its credibility among donors and stakeholders.
However, while the organization excels in accountability and financial metrics, there may be limited insight into other operational areas or program outcomes. Nonetheless, the strong financial indicators provide a solid foundation for trust among potential supporters and beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Challengers Independent Living Inc legitimate?
Challengers Independent Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Challengers Independent Living 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,241,430
For more financial information, click here
What is the mission statement of Challengers Independent Living Inc?
Challengers Independent Living Inc, with an average of 51 children under its care each month, is committed to fostering their independent living. The organization's mission is centered around providing residential care, aiming to instill self-reliance and autonomy in each child. By offering this residential care, Challengers Independent Living Inc seeks to empower its residents to lead independent lives.
Who is the CEO of Challengers Independent Living Inc?
Walter Mcneil is the Member of Challengers Independent Living Inc. The CEO's salary of Challengers Independent Living Inc is $0 and their total compensation is $0.
What is the revenue of Challengers Independent Living Inc?
Challengers Independent Living Inc's revenue in 2022 was $3,237,760.
Who are the executives of Challengers Independent Living Inc and what are their salaries?
The average compensation at Challengers Independent Living Inc during 2022 was $21,779. There are 57 employees at Challengers Independent Living Inc.
Here are 8 key members and their salaries (Challengers Independent Living Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Challengers Independent Living Inc?
Challengers Independent Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Challengers Independent Living Inc
Challengers Independent Living, a nonprofit organization, is committed to providing residential care for an average of 51 children each month. Their mission is centered around ensuring the children's independence. This means they strive to equip these children with the necessary skills and support to lead self-sufficient lives. The organization's residential care serves as a nurturing environment where these children can grow and develop, ultimately preparing them for independent living.
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Impact
July, 2024
Challengers Independent Living Inc's impact is centered around providing residential care for an average of 51 children per month in Windsor Mill, MD. The organization's mission is to ensure the independent living of these children, focusing on their well-being and development within a supportive environment. Through their work in human services, Challengers Independent Living Inc plays a crucial role in helping children in need reach their full potential and achieve independence.
This information is meant to be a general summary of Challengers Independent Living 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.
- Gross Receipts: $3,237,760
Assets and Liabilities:
- Total Assets: $2,194,275
- Total Liabilities: $428,605
- Net Assets: $1,765,670
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Organization Details
Founding Year
1997
Principal Officer
Walter Mcneil
Main Address
2500 N ROLLING RD STE 201, WINDSOR MILL, MD, 21244
NTEE Category
Code: P70 - Human services
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