2025-12-15T20:33:07-05:00 2025-07-31 990841184 WSRP ADVISORY LLC 155 N 400 W STE 400 SALT LAKE CITY UT 84103 990 2024-08-01 471405971 CHALLENGER SCHOOL FOUNDATION CHAL 8015692700 9424 S 300 WEST SANDY UT 840702500 MATTHEW COOPER VP & SECRETARY 8015692700 2025-12-12 true true DEREK W WEIL CPA P01300566 8013282011 2025-12-12 2024 2025-03-06 01:10:19Z HUGH GOURGEON 9424 S 300 WEST SANDY UT 84070 249212537 false X WWW.CHALLENGERSCHOOL.COM X 1969 CA PROMOTE THE EDUCATIONAL OBJECTIVES OF CHALLENGER SCHOOL FOUNDATION BY OPERATING SCHOOLS FOR PRESCHOOL THROUGH EIGHTH GRADE. 7 1 1661 0 50000 105000 178459606 186650404 13457137 23040454 169262 135546 192136005 209931404 911381 881062 0 94835445 101815380 0 0 40929026 46227323 136675852 148923765 55460153 61007639 704958051 806488287 110855565 140607862 594102486 665880425 X CHALLENGER'S EDUCATIONAL OBJECTIVES ARE CONTAINED IN ITS LONG STANDING MISSION WHICH IS TO DELIVER AN EDUCATION THAT: PREPARES CHILDREN TO BECOME SELF-RELIANT, PRODUCTIVE INDIVIDUALS; TEACHES CHILDREN TO THINK, SPEAK, AND WRITE WITH CLARITY, PRECISION, AND INDEPENDENCE; LEADS CHILDREN TO VALUE THEIR INDIVIDUALITY AND UNALIENABLE RIGHTS; AND INSPIRES CHILDREN TO EMBRACE CHALLENGE AND FIND JOY AND SELF-WORTH THROUGH ACHIEVEMENT. false false 35757346 52944869 DURING THE 2024-2025 SCHOOL YEAR, CHALLENGER EDUCATED APPROXIMATELY 3,212 STUDENTS IN ITS 3 AND 4 YEAR OLD PRESCHOOL PROGRAMS. CHILDREN GRADUATING FROM CHALLENGER'S PRESCHOOL PROGRAMS ARE PREPARED TO ENTER KINDERGARTEN WITH A HEAD START THAT PLACES THEM ONE OR TWO YEARS AHEAD OF THEIR PEERS. 73964086 702365 108410874 DURING THE 2024-2025 SCHOOL YEAR, CHALLENGER EDUCATED APPROXIMATELY 5,179 STUDENTS IN ITS KINDERGARTEN AND ELEMENTARY SCHOOL PROGRAMS. ON THE MOST RECENT IOWA ASSESSMENTS, CHALLENGER'S AVERAGE KINDERGARTENER OUTSCORED 98 OF 100 TEST TAKERS AT HIS/HER GRADE LEVEL, WITH SIMILAR RESULTS FOR STUDENTS IN GRADES 1 THROUGH 5. 19111601 178697 24471970 DURING THE 2024-2025 SCHOOL YEAR, CHALLENGER EDUCATED APPROXIMATELY 1,059 STUDENTS IN ITS MIDDLE SCHOOL GRADES. ON THE MOST RECENT IOWA ASSESSMENTS, CHALLENGER'S AVERAGE EIGHTH GRADER OUTSCORED 99 OF 100 TEST TAKERS AT HIS/HER GRADE LEVEL, WITH SIMILAR RESULTS FOR STUDENTS IN GRADES 6 AND 7. 987329 822691 CHALLENGER IS COMMITTED TO PROVIDING ITS STUDENTS WITH A SUPERIOR EDUCATION. THE ORGANIZATION CURRENTLY HAS 27 SCHOOLS THROUGHOUT CALIFORNIA, UTAH, IDAHO, NEVADA, AND TEXAS. EACH LOCATION PROVIDES AN EXCELLENT LEARNING ENVIRONMENT WHICH INCLUDES DAILY MEALS AND SNACKS. MANY CHALLENGER LOCATIONS OFFER AN ENRICHMENT PROGRAM FOR STUDENTS WHO NEED TO STAY BEFORE OR AFTER REGULAR SCHOOL HOURS. THIS PROGRAM OFFERS VARIOUS EXTRACURRICULAR CLASSES SUCH AS SOCCER AND OTHER OUTDOOR ACTIVITIES, MUSIC, DANCE, SPECIALIZED ART, CHESS, ROBOTICS, AND FOREIGN LANGUAGE. 987329 822691 129820362 true true false false false false false false false false true false false true true false true false true false false false false false false false false false true true false false false false false false false true false false false false true true false false false true 32 0 1661 true false false false false false false false false false false false false false false X 7 1 true false false false false false false true true false false true true true true true true true true false CA X MATTHEW COOPER 8015692700 9424 S 300 WEST SANDY UT 840702500 HUGH GOURGEON PRESIDENT 40.00 X X 443970 0 13600 TATIANA HARPER DIR SCHOOL O 40.00 X 431918 0 5803 MATTHEW COOPER VP & SECRETA 40.00 X X 411199 0 5753 CRAIG BUCCELLATO EXEC REGION 40.00 X 316161 0 13832 DAVE MOUNTEER EXEC REGION 40.00 X 279770 0 20319 RICHARD BOBOWSKI DIRECTOR 40.00 X 284234 0 13081 DAVE WALTON DIRECTOR 40.00 X 282845 0 11725 AARON SCHIFFNER EXEC REGION 40.00 X 270002 0 15677 RYAN BAKER DIRECTOR 40.00 X 269633 0 14335 LYNNETTE S HANSMANN DIR OF PUBLI 40.00 X 244331 0 16502 COLLIN R PAYNE OPERATION PR 40.00 X 242660 0 16516 JOSHUA RIPPON SYSTEMS ANAL 40.00 X 233352 0 15677 LAYNE YOUNG TREASURER 40.00 X 214713 0 16817 KAYLEEN WILSON DIRECTOR 40.00 X 164584 0 7215 HAL ANDERSON DIRECTOR 5.00 X 0 0 0 4089372 186852 14 false true false PINKERTON 101 N MAIN ST 300 ANN ARBOR MI 48104 SECURITY 2633103 JANITORIAL EXPRESS 3526 INVESTMENT BOULEVARD HAYWARD CA 94545 JANITORIAL 633869 DLP SERVICES 5113 ALPINE PL 100 LAS VEGAS NV 89107 JANITORIAL 442081 JURASSIC JANITORIAL 871 LAKEWOOD DR SUNNYVALE CA 94089 JANITORIAL 279009 VP SECURITY SERVICES 888 N 1ST ST 222 SAN JOSE CA 95112 SECURITY 236936 5 105000 105000 KINDERGARTEN & ELEMENTARY 611600 108410874 108410874 PRESCHOOL PROGRAMS 611600 52944869 52944869 MIDDLE SCHOOL 611600 24471970 24471970 OTHER TUITION 611600 822691 822691 186650404 16543792 16543792 80287 80287 55259 55259 55259 55259 45777795 39281133 6496662 6496662 6496662 209931404 193147066 16679338 881062 881062 2876346 1056482 1819864 87811025 80737451 7073574 5542278 4998763 543515 5585731 5037955 547776 24887 14806 10081 104343 62076 42267 3541356 3541356 767419 247527 519892 4117905 29255 4088650 14971089 13882783 1088306 203221 86228 116993 5372303 5372303 661765 633601 28164 CURRICULUM TEXTBOOKS ETC 3565541 3367895 197646 REPAIRS & MAINTENANCE 3557731 2645098 912633 SECURITY 2913055 2863057 49998 CUSTODIAL 2908267 2873472 34795 3518441 1489192 2029249 148923765 129820362 19103403 0 73574062 76301419 109664224 98327670 1395863 269077 3926439 3989257 322453953 79196532 245127711 243257421 163394863 244521850 16000 16000 107858889 139805593 704958051 806488287 8558416 6740167 6071323 10168340 96225826 123699355 110855565 140607862 X 594102486 665880425 594102486 665880425 704958051 806488287 X 61007639 10770300 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 88842429 88842429 160379247 33110039 127269208 47368294 30063397 17304897 21886929 12836209 9050720 3977054 3186887 790167 243257421 ROU ASSETS (NET) 116394233 INVESTMENTS - PRECIOUS METALS 21454416 DEPOSITS 1057044 PREPAID EXPENSES 899900 139805593 OPERATING LEASE LIABILITY 117947668 CURRENT PORTION OF LEASE LIABILITY 5751687 123699355 219820642 10770300 10770300 209050342 881062 881062 209931404 148042703 148042703 881062 881062 148923765 SCHEDULE D, PAGE 4, PART XI, LINE 4B SCHOLARSHIPS REPORTED IN REVENUES 881,062 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS REPORTED IN REVENUES 881,062 true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 THROUGHOUT THE TAXABLE YEAR, CHALLENGER SCHOOL HAS MET THE REQUIREMENT FOR PUBLICIZING ITS RACIAL NONDISCRIMINATION POLICY BY POSTING AN APPROPRIATE NOTICE ON ITS WEBSITE HOMEPAGE. true SCHOLARSHIPS - ELEM SCH 954 702365 SCHOLARSHIPS - MIDDLE SCH 157 36000 142697 SCHEDULE I, PAGE 1, PART I, LINE 2 SCHOLARSHIPS ARE AWARDED FOR USE AT THE SCHOOL FOR THE NEXT SCHOOL YEAR. NO ADDITIONAL MONITORING IS REQUIRED FOR THOSE SCHOLARSHIPS. X X X X false false false false false false false true false HUGH GOURGEON PRESIDENT 368970 75000 7625 5975 457570 TATIANA HARPER DIR SCHOOL OPERATION 353687 78231 5750 53 437721 MATTHEW COOPER VP & SECRETARY 346199 65000 5700 53 416952 CRAIG BUCCELLATO EXEC REGION DIRECTOR 246216 69945 5750 8082 329993 DAVE MOUNTEER EXEC REGION DIRECTOR 255048 24722 7500 12819 300089 RICHARD BOBOWSKI DIRECTOR 266234 18000 7106 5975 297315 DAVE WALTON DIRECTOR 239307 43538 5750 5975 294570 AARON SCHIFFNER EXEC REGION DIRECTOR 220290 49712 5750 9927 285679 RYAN BAKER DIRECTOR 195921 73712 5821 8514 283968 LYNNETTE S HANSMANN DIR OF PUBLICATIONS 214331 30000 5736 10766 260833 COLLIN R PAYNE OPERATION PROJ. MGR. 217660 25000 5750 10766 259176 JOSHUA RIPPON SYSTEMS ANALYST 213352 20000 5750 9927 249029 LAYNE YOUNG TREASURER 201713 13000 6051 10766 231530 KAYLEEN WILSON DIRECTOR 156584 8000 411 6804 171799 SCHEDULE J, PAGE 1, PART I, LINE 7 YEAR-END BONUSES SCHOLARWEAR FAMILY-BOARD 226645 UNIFORM SUPPLIER false SOLTIS INVESTMENT ADVISORS CHAIRMAN-BOARD 100706 INVESTMENT ADVISING false SCHEDULE L, PART V SCHOLARWEAR: CHALLENGER PURCHASES ITS STAFF UNIFORMS AND PRESCHOOL NAP BAGS FROM SCHOLARWEAR, A PRIVATE FOR-PROFIT UNIFORM SUPPLIER OWNED IN PART BY MARCELLE JACOBSEN, WHO IS THE SISTER OF DIRECTORS RYAN BAKER AND KAYLEEN WILSON. TO ENSURE THAT ALL UNIFORM AND PRESCHOOL NAP BAG PURCHASES ARE ARMS LENGTH AND FOR NO MORE THAN FAIR MARKET VALUE, CHALLENGER HAS APPOINTED A UNIFORM COMMITTEE. THE COMMITTEE EVAULATES UNIFORM NEEDS, PERFORMS AN ANNUAL COMPETITIVE MARKET ANALYSIS, AND MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS OPERATES PURSUANT TO A CONFLICT OF INTEREST POLICY THAT REQUIRES THE DIRECTORS WITH A CONFLICT OF INTEREST WITH RESPECT TO SCHOLARWEAR (RYAN BAKER AND KAYLEEN WILSON) TO ABSTAIN FROM VOTING ON RELATED MATTERS. ALTHOUGH SCHOLARWEAR ALSO SELLS UNIFORMS DIRECTLY TO CHALLENGER STUDENTS, CHALLENGER IS NOT INVOLVED IN SUCH TRANSACTIONS. SOLTIS INVESTMENT ADVISORS: SOLTIS HAS BEEN A 401K CO-FIDUCIARY AND INVESTMENT ADVISOR FOR CHALLENGER FOR OVER TEN YEARS. HAL ANDERSON IS A CO-FOUNDER OF SOLTIS, ITS CURRENT CHAIRMAN, AND FORMER PRESIDENT, CEO AND EVP. CHALLENGER'S BOARD OF DIRECTORS (WITH HAL ABSTAINING) CONSIDERED AND CONCLUDED THERE WAS NO CONFLICT OF INTEREST BECAUSE: (1) IT IS IN CHALLENGER'S BEST INTEREST TO HAVE A 401K CO-FIDUCIARY AND INVESTMENT ADVISORY IN VIEW OF THE COMPLEXITIES AND RISKS ASSOCIATED WITH INVESTING IN GENERAL AND ERISA COMPLIANCE IN PARTICULAR; (2) THE FEES PAID TO SOLTIS ARE CONSISTENT WITH THE INDUSTRY, AS DEMONSTRATED BY REGULAR BENCHMARKING; (3) HAL HAS DECLINED TO RECEIVE ANY COMPENSATION FOR HIS ROLE AS A DIRECTOR; (4) THIS RELATIONSHIP WAS ESTABLISHED OVER A DECADE BEFORE HAL BECOMING AN INSIDER; (5) THE RELATIONSHIP WILL BE DISCLOSED IN ALL IRS 990 AND OTHER FILINGS; AND (6) HAL WILL SIGN A COI POLICY ACKNOWLEDGMENT LIKE ALL DIRECTORS. FORM 990 - ORGANIZATION'S MISSION CHALLENGER'S EDUCATIONAL OBJECTIVES ARE CONTAINED IN ITS LONG STANDING MISSION WHICH IS TO DELIVER AN EDUCATION THAT: PREPARES CHILDREN TO BECOME SELF-RELIANT, PRODUCTIVE INDIVIDUALS; TEACHES CHILDREN TO THINK, SPEAK, AND WRITE WITH CLARITY, PRECISION, AND INDEPENDENCE; LEADS CHILDREN TO VALUE THEIR INDIVIDUALITY AND UNALIENABLE RIGHTS; AND INSPIRES CHILDREN TO EMBRACE CHALLENGE AND FIND JOY AND SELF-WORTH THROUGH ACHIEVEMENT. FORM 990, PAGE 2, PART III, LINE 4D CHALLENGER IS COMMITTED TO PROVIDING ITS STUDENTS WITH A SUPERIOR EDUCATION. THE ORGANIZATION CURRENTLY HAS 27 SCHOOLS THROUGHOUT CALIFORNIA, UTAH, IDAHO, NEVADA, AND TEXAS. EACH LOCATION PROVIDES AN EXCELLENT LEARNING ENVIRONMENT WHICH INCLUDES DAILY MEALS AND SNACKS. MANY CHALLENGER LOCATIONS OFFER AN ENRICHMENT PROGRAM FOR STUDENTS WHO NEED TO STAY BEFORE OR AFTER REGULAR SCHOOL HOURS. THIS PROGRAM OFFERS VARIOUS EXTRACURRICULAR CLASSES SUCH AS SOCCER AND OTHER OUTDOOR ACTIVITIES, MUSIC, DANCE, SPECIALIZED ART, CHESS, ROBOTICS, AND FOREIGN LANGUAGE. FORM 990, PAGE 6, PART VI, LINE 2 RYAN BAKER KAYLEEN WILSON DIRECTOR DIRECTOR SIBLINGS FORM 990, PAGE 6, PART VI, LINE 11B THE COMPLETED FORM 990 WAS CIRCULATED FOR REVIEW AND COMMENT BY THE FULL BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICTS OF INTEREST POLICY IS CIRCULATED TO AND DISCUSSED AMONG THE ENTIRE BOARD OF DIRECTORS. EACH DIRECTOR SIGNS AN ANNUAL ACKNOWLEDGEMENT STATEMENT CONFIRMING THAT HE/SHE HAS RECEIVED, REVIEWED, UNDERSTOOD, AND COMMITTED TO COMPLY WITH THE POLICY. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO IS SUBJECT TO COMPENSATION AND CONFLICT OF INTEREST REQUIREMENTS AND PROCEDURES ESTABLISHED IN CHALLENGER'S BYLAWS. COMPENSATION MUST BE APPROVED BY OFFICERS AND THE BOARD OF DIRECTORS AFTER CONSIDERING: PERFORMANCE AND PRODUCTIVITY; PREVAILING RATES FOR THE COMPARABLE POSITION IN COMPARABLE ORGANIZATIONS; PREVAILING ECONOMIC CONDITIONS; TOTAL COMPENSATION AND BENEFITS; AND THE RECOMMENDATIONS OF AN INDEPENDENT COMPENSATION CONSULTANT. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION OF OFFICERS, DIRECTORS, AND KEY EMPLOYEES IS SUBJECT TO SPECIFIC COMPENSATION AND CONFLICT OF INTEREST REQUIREMENTS AND PROCEDURES ESTABLISHED IN CHALLENGER'S BYLAWS. UNDER THE BYLAWS, OVERALL EMPLOYEE COMPENSATION MUST BE APPROVED BY OFFICERS AND THE BOARD OF DIRECTORS AFTER CONSIDERING: RECOMMENDATIONS OF MANAGERS AND SUPERVISORS; EMPLOYEE POSITION, QUALIFICATION, PERFORMANCE, AND PRODUCTIVITY; PREVAILING RATES FOR COMPARABLE POSITIONS IN COMPARABLE ORGANIZATIONS; PREVAILING ECONOMIC CONDITIONS; TOTAL COMPENSATION AND BENEFITS; AND THE RECOMMENDATIONS OF AN INDEPENDENT COMPENSATION CONSULTANT. FORM 990, PAGE 6, PART VI, LINE 19 CHALLENGER SCHOOL FOUNDATION'S ORGANIZATIONAL DOCUMENTS (INCLUDING ARTICLES OF ORGANIZATION, BYLAWS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS) ARE AVAILABLE FOR INSPECTION AT CHALLENGER'S CORPORATE OFFICES UPON REQUEST. LIKEWISE, COPIES OF THE ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 SCHOLARSHIPS REPORTED IN REVENUES -881,062 SCHOLARSHIPS REPORTED IN REVENUES 881,062 BABB INVESTMENTS LLC 9424 S 300 W SANDY UT 840702500 870466918 RENTAL UT 15228660 173050290 CHALLENGER CHALLENGER SCHOOL FOUNDATION EMERALD ISLE LLC 9424 S 300 W SANDY UT 840702500 870569828 RENTAL UT 4144553 16988459 CHALLENGER CHALLENGER SCHOOL FOUNDATION THE DAGNEY GROUP LLC 9424 S 300 W SANDY UT 840702500 870550910 RENTAL UT 4359856 27386948 CHALLENGER CHALLENGER SCHOOL FOUNDATION CHALLENGER MARKETING COMPANY 9424 S 300 W SANDY UT 840702500 870471229 EDUC. MAT. UT 50460 1279312 CHALLENGER CHALLENGER SCHOOL FOUNDATION