Challenge Foundation Group Inc

Fiscal year ending 2024. Filed on May 15, 2025.

132 E Main Street
Forest City, North Carolina 28043

Challenge Foundation Group Inc (EIN: 81-1808142) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Challenge Foundation Group Inc, a 501(c)(3) charitable organization, reported compensation for 4 out of 13 total employees. Among the employees shown here, the average compensation is $138,879. The highest compensated employee at Challenge Foundation Group Inc is Philip Byers with fiscal year 2024 compensation of $160,200.

Revenue, expenses, and employee compensation

Revenue

$846,793

Expenses

$2,739,585

Employee compensation

$1,183,267
Revenue, expenses, and employee compensation over time

Mission Statement

To support start-up charter schools through building facilities which are lease to the school until the school is able to secure financing and purchase the school.

Revisions to this organization profile

May 15, 2025:
2024 Challenge Foundation Group Inc 990 filed
May 15, 2024:
2023 Challenge Foundation Group Inc 990 filed
April 27, 2023:
2022 Challenge Foundation Group Inc 990 filed

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