THE CHALLENGE FOUNDATION INC
Balance Sheet
Fiscal Year Start:
Jun 1
Assets in 2025 (Year End)
$5,434,171
Investments
69%
Cash & Equivalents
31%
Other Assets
<1%
Property, Plant, & Equipment (net)
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2025 (Year End)
$24,521
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,120,150
$1,680,699
+50%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$4,598,868
$3,738,640
-19%
Property, Plant, & Equipment (net)
$8,391
$4,858
-42%
Other Assets
$17,722
$9,974
-44%
Total Assets
$5,745,131
$5,434,171
-5%
Liabilities
2024
2025
Change
Payables & Accruals
$50,557
$24,521
-51%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$50,557
$24,521
-51%
Net assets
2024
2025
Change
Restricted Net Assets
$2,996,946
$1,909,181
-36%
Unrestricted Net Assets
$2,697,628
$3,500,469
+30%
Net assets
2024
2025
Change
Net assets
+$5,694,574
+$5,409,650
-5%
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