Foundation For The Challenged
Foundation For The Challenged maintains substantial assets with no reported officer compensation, though recent expenses have exceeded revenue.
EIN: 10619670 · Dublin, OH · NTEE: P80 · Updated: 2026-03-27
Is Foundation For The Challenged Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foundation For The Challenged directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foundation For The Challenged
Foundation For The Challenged (EIN: 10619670) is a nonprofit organization based in Dublin, OH, classified under NTEE code P80. The organization reported total revenue of $4.2M and total assets of $27.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For The Challenged's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Foundation For The Challenged with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Foundation For The Challenged allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive indicator, suggesting that all operational funds are directed towards program delivery and administrative overhead rather than executive pay.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Foundation For The Challenged's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (2022 and 2023), potentially drawing down assets if not reversed.
Strengths
The following positive indicators were identified for Foundation For The Challenged:
- Consistent reporting of 0% officer compensation across all filings, indicating strong dedication to mission.
- Substantial asset base ($25.7 million in 2023) provides significant financial stability.
- Long history of IRS 990 filings (13 filings) demonstrates transparency and compliance.
- Relatively stable expense levels over a decade, suggesting predictable operational costs.
Frequently Asked Questions about Foundation For The Challenged
Is Foundation For The Challenged a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For The Challenged (EIN: 10619670) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Foundation For The Challenged spend its money?
Foundation For The Challenged directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Foundation For The Challenged tax-deductible?
Foundation For The Challenged is registered as a tax-exempt nonprofit (EIN: 10619670). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Foundation For The Challenged a good charity?
Based on the available data, Foundation For The Challenged appears to be a good charity. It has substantial assets ($27.2 million in 2021), a consistent history of IRS 990 filings, and notably reports 0% officer compensation, indicating a strong commitment to its mission over executive salaries.
How financially stable is Foundation For The Challenged?
The organization is financially stable, possessing significant assets. For example, in 2023, assets were $25.7 million against annual expenses of $2.1 million. While revenue has fluctuated, the large asset base provides a strong financial cushion.
What is the trend in revenue and expenses for Foundation For The Challenged?
Revenue has fluctuated significantly, from a low of $1.69 million in 2022 to a high of $4.92 million in 2020. Expenses have been more consistent, generally ranging between $1.9 million and $2.3 million annually. In 2022 and 2023, expenses slightly exceeded revenue.
Does Foundation For The Challenged spend efficiently?
Yes, the organization appears to spend efficiently. Its expenses have remained relatively stable over the years, typically around $2.0-$2.3 million, even as revenue has varied. The consistent 0% officer compensation also points to efficient use of funds.
Filing History
IRS 990 filing history for Foundation For The Challenged showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Foundation For The Challenged's revenue has declined by 13.5%, moving from $2.3M to $2.0M. Total assets increased by 52.9% over the same period, from $16.9M to $25.8M. Total functional expenses rose by 18.5%, from $1.8M to $2.2M. In its most recent filing year (2023), Foundation For The Challenged reported a deficit of $179K, with expenses exceeding revenue. The organization holds $5.3M in liabilities against $25.8M in assets (debt-to-asset ratio: 20.5%), resulting in net assets of $20.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.2M | $25.8M | $5.3M | — | — |
| 2022 | $1.7M | $2.2M | $26.1M | $5.6M | — | — |
| 2021 | $3.1M | $2.0M | $27.3M | $6.1M | — | View 990 |
| 2020 | $4.9M | $2.1M | $26.4M | $6.5M | — | — |
| 2019 | $3.6M | $2.1M | $23.3M | $6.4M | — | View 990 |
| 2018 | $2.7M | $2.1M | $22.1M | $6.7M | — | View 990 |
| 2017 | $3.7M | $2.3M | $21.8M | $6.9M | — | View 990 |
| 2016 | $4.1M | $2.1M | $21.0M | $7.6M | — | View 990 |
| 2015 | $3.3M | $2.2M | $19.0M | $7.5M | — | View 990 |
| 2014 | $3.8M | $2.3M | $18.7M | $8.3M | — | View 990 |
| 2013 | $3.2M | $2.2M | $17.7M | $8.7M | — | View 990 |
| 2012 | $1.6M | $1.8M | $16.6M | $8.8M | — | View 990 |
| 2011 | $2.3M | $1.8M | $16.9M | $8.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.2M, and assets of $25.8M (revenue +16.6% year-over-year).
- 2022: Revenue of $1.7M, expenses of $2.2M, and assets of $26.1M (revenue -45.7% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.0M, and assets of $27.3M (revenue -36.6% year-over-year).
- 2020: Revenue of $4.9M, expenses of $2.1M, and assets of $26.4M (revenue +35.4% year-over-year).
- 2019: Revenue of $3.6M, expenses of $2.1M, and assets of $23.3M (revenue +35.7% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.1M, and assets of $22.1M (revenue -28.3% year-over-year).
- 2017: Revenue of $3.7M, expenses of $2.3M, and assets of $21.8M (revenue -7.9% year-over-year).
- 2016: Revenue of $4.1M, expenses of $2.1M, and assets of $21.0M (revenue +22.6% year-over-year).
- 2015: Revenue of $3.3M, expenses of $2.2M, and assets of $19.0M (revenue -13.0% year-over-year).
- 2014: Revenue of $3.8M, expenses of $2.3M, and assets of $18.7M (revenue +18.7% year-over-year).
- 2013: Revenue of $3.2M, expenses of $2.2M, and assets of $17.7M (revenue +94.8% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.8M, and assets of $16.6M (revenue -28.0% year-over-year).
- 2011: Revenue of $2.3M, expenses of $1.8M, and assets of $16.9M.
Data Sources and Methodology
This transparency report for Foundation For The Challenged is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.