CSCharityScored
39

Challenge Foundation Properties Inc

Education · Forest City, North Carolina

132 E Main St, Forest City, NC 28043-3101

EIN: 811808142· Founded: Aug 2016· 10 years active· Filing Year: 2023

Annual Revenue

$842K

Total Expenses

$2.9M

Total Assets

$23.7M

Program Spending

27%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$671K

23.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$263K

Total Payroll

$935K

32% of total expenses

Where the Money Goes

27%
Programs: 27%
Payroll: 32%
Other overhead: 73%
Program Revenue$795K (94%)
Total Expenses$2.9M (100%)
Payroll$935K (32%)
Overhead (non-program)73%

Trust Score Breakdown

Program Spending Ratio

27% of expenses go to programs

40%

Revenue & Stability

$842K annual revenue

15%

Executive Compensation

$671K total officer comp (23.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$23.7M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.