Overview
What is Challenge Foundation Arizona Inc?
Challenge Foundation Arizona Inc is a nonprofit organization situated in Phoenix, Arizona, specifically at 6300 North Central Avenue. Their primary mission is to assist economically disadvantaged children in achieving college readiness. They accomplish this goal by providing educational opportunities and comprehensive support from the fifth grade through twelfth grade, and continuing assistance during their college years. The foundation flourishes during the school year with regular tutoring and individual mentoring sessions, twice a week. This is further extended during the summer months, offering tutoring at College Prep High and Middle Schools. The program enlists the help of professionals and business individuals to serve as mentors, providing motivation and enrichment to the students' academic and social skills. During the pandemic, this foundation also offered an increased level of support to families in need.
Official website here: www.thechallengefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
Challenge Foundation Arizona Inc receives a Two-Star rating from Charity Navigator, indicating some concerns regarding its overall accountability and financial practices. While it scored well in several categories, such as having a majority of independent board members and a solid program expense ratio, there are notable shortcomings that significantly impact its rating.
The organization shows strengths in governance with full points for the independent board size and absence of asset diversion. However, the lack of a whistleblower policy and inadequate document retention practices raise red flags about transparency and organizational health. These weaknesses suggest that while the foundation is operationally sound in certain areas, improvements in governance practices are necessary to enhance its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Challenge Foundation Arizona Inc legitimate?
Challenge Foundation Arizona Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Challenge Foundation Arizona 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: $195,300
For more financial information, click here
Official website here: www.thechallengefoundation.org
What is the mission statement of Challenge Foundation Arizona Inc?
Challenge Foundation Arizona Inc's mission is centered around assisting economically disadvantaged children in achieving college readiness. Established with this goal in mind, the foundation provides educational opportunities and holistic support to students from grades five through twelve. This comprehensive approach continues during their college years, ensuring a smooth transition from high school to higher education. The foundation's programs, including regular tutoring and mentoring sessions, flourish during the school year and extend into the summer months. Professionals and business leaders serve as mentors, offering encouragement and enrichment to the students, helping them improve in both their academic and social skills. Furthermore, the foundation provides increased support to families facing challenges during difficult times, such as the pandemic.
Official website here: www.thechallengefoundation.org
Who is the CEO of Challenge Foundation Arizona Inc?
Arthur Mcfall is the President of Challenge Foundation Arizona Inc.
Official website here: www.thechallengefoundation.org
What is the revenue of Challenge Foundation Arizona Inc?
Challenge Foundation Arizona Inc's revenue in 2022 was $3,464,686.
Official website here: www.thechallengefoundation.org
Who are the executives of Challenge Foundation Arizona Inc and what are their salaries?
The average compensation at Challenge Foundation Arizona Inc during 2022 was $65,100. There are 3 employees and 70 volunteers at Challenge Foundation Arizona Inc.
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Official website here: www.thechallengefoundation.org
Where can I find the form 990 for Challenge Foundation Arizona Inc?
Challenge Foundation Arizona Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thechallengefoundation.org
Learn more at the official website: www.thechallengefoundation.org
Mission Statement of Challenge Foundation Arizona Inc
Challenge Foundation Arizona, a nonprofit organization, was established with a mission to aid economically disadvantaged children in attaining college readiness. This mission is carried out through the provision of educational opportunities and holistic support, starting from grade five and continuing until the college years. The foundation's approach is comprehensive, encompassing tutoring and mentoring sessions twice a week during the school year, as well as summer programs at college prep high and middle schools. Mentors from the professional and business community play a significant role in the program, offering encouragement and enrichment to the students, helping them improve their academic and social skills. During challenging times, such as the pandemic, the foundation provides an increased level of support to families in need.
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Impact
July, 2024
Challenge Foundation Arizona Inc has a significant impact on economically disadvantaged children by helping them attain college readiness through tutoring, mentoring, and holistic support. The program flourishes during the school year with twice-a-week tutoring and individual mentoring, ensuring students receive academic and social enrichment. Mentors from the professional and business community provide encouragement and support to students, even during the challenges of the pandemic. This organization plays a vital role in preparing and guiding students from grades five through twelve towards college graduation and continued success.
This information is meant to be a general summary of Challenge Foundation Arizona 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: $800
- Gross Receipts: $3,464,686
Assets and Liabilities:
- Total Assets: $4,077,717
- Total Liabilities: $16,442
- Net Assets: $4,061,275
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Organization Details
Founding Year
2018
Phone
(602) 699-5829Principal Officer
Arthur Mcfall
Main Address
6300 NORTH CENTRAL AVENUE, PHOENIX, AZ, 85012
NTEE Category
Code: B82 - Education
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