2025-05-15T09:44:47-04:00 2024-06-30 STOCKMAN KAST RYAN & CO LLP 102 N CASCADE AVENUE SUITE 400 COLORADO SPRINGS CO 80903 990 2023-07-01 841591310 Parents Challenge % STEVE EVERSON PARE 7193068557 2 N Cascade Ave Suite 1280 Colorado Springs CO 80903 STEVE EVERSON TREASURER 7193068557 2025-05-15 true true Kimberly N Coleman P00967133 7196301186 2023 2025-03-06 01:10:19Z Deborah Hendrix 2 NORTH CASCADE AVE STE 1280 Colorado Springs CO 80903 915864 false X WWW.PARENTSCHALLENGE.ORG X 2001 CO To disrupt the legacy of educational failure by providing families information, training, mentoring, tools, and financial resources. 9 9 3 30 0 1145588 808460 0 0 798 22105 69 0 1146455 830565 476864 517817 0 0 223763 227049 7577 926 35997 232721 214209 940925 960001 205530 -129436 1323611 1189949 178194 161261 1145417 1028688 X PARENTS CHALLENGE DISRUPTS THE LEGACY OF EDUCATIONAL FAILURE BY EMPOWERING PARENTS. WE PROVIDE OUR FAMILIES WITH INFORMATION, TRAINING, MENTORING, TOOLS, AND FINANCIAL RESOURCES (CONTINUED ON SCH O) false false 879223 517817 During the 2023-2024 school year, we impacted 182 families and supported 325 scholars. We give parents the opportunity to have a voice - to have a choice - in selecting the best educational situation for their children. This is a critical step in moving at-risk students from challenging life situations into lives of confidence, achievement, and stability. Through our expanded efforts, we will improve academic achievement for students by being (1) an informational resource for all families and (2) a financial resource for families in low socio-economic circumstances. An anecdotal from one of our families. "The empowerment we as a family have gained, such as knowledge of community resources, ways in which we can advocate, and the understanding that we have choice has allowed our family to grow and take advantage of all opportunities available to us. Our children's success remains our mission, and we are grateful and thankful that Parents Challenge believed and invested in us." - Torres Family Our challenges are parental and scholar-centric as some of our students are still struggling since Covid in trying to catch up academically. We have continued to provide tutoring and brain integration that are breaking many of these barriers to help students increase their academic progress in reading and math. We have experienced several breakthroughs this year. Parents also have highlighted their children's social-emotional and mental health concerns. Based on their comments, many were proactive and have taken steps to address and treat their children's health issues. Parents Challenge has provided support to families requesting support for their scholars. 879223 true true false false false false false true false true false false false false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 12 0 3 true false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true false false CO X STEVE EVERSON 7193068557 2 NORTH CASCADE AVE STE 1280 COLORADO SPRINGS CO 80903 Deborah Hendrix Executive Director 40.0 0.0 X 95366 0 10448 Steve Schuck BOARD CHAIR / FOUNDER 20.0 0.0 X X 0 0 0 Steve Everson Secretary/ Treasurer 5.0 0.0 X X 0 0 0 Lisa Jessee Vice Chair 10.0 0.0 X X 0 0 0 Robert Gardner Trustee 0.2 0.0 X 0 0 0 Kim Shugart Trustee 0.2 0.0 X 0 0 0 Joseph Woodford Trustee 0.2 0.0 X 0 0 0 Vance Brown Trustee 0.2 0.0 X 0 0 0 REGINA LEWIS TRUSTEE 0.2 0.0 X 0 0 0 Mike Miles Trustee 0.2 0.0 X 0 0 0 95366 0 10448 0 false false false 0 808460 808460 0 16127 16127 0 0 0 0 0 91277 85299 5978 5978 5978 0 0 0 0 0 0 0 0 0 0 830565 22105 0 517817 517817 0 0 104777 95249 5738 3790 0 87375 59399 11093 16883 1439 822 523 94 18006 13655 2112 2239 15452 12362 1545 1545 0 0 9500 6650 475 2375 0 926 926 150 150 1329 997 266 66 0 31017 24283 4302 2432 27630 20993 5294 1343 0 3271 1334 1370 567 6279 5023 628 628 0 130867 117514 10452 2901 0 0 0 4166 3125 833 208 960001 879223 44781 35997 X 0 0 511626 366319 298316 166075 0 0 0 0 0 0 0 0 0 0 0 0 300000 300000 300000 213669 357555 0 0 0 0 0 0 0 0 1323611 1189949 28194 11261 0 0 0 0 0 0 150000 150000 0 0 0 0 0 0 0 0 178194 161261 X 845611 864623 299806 164065 1145417 1028688 1323611 1189949 X -129436 12707 X true X false true false X 871903 874750 699459 1145588 808460 4400160 0 0 871903 874750 699459 1145588 808460 4400160 1862990 2537170 340 193 246 798 16127 17704 0 18373 61 69 18503 4436367 0.57190 0.59215 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 300000 300000 300000 0 0 X 902362 12707 59240 71947 830415 150 150 830565 1019091 59240 59240 959851 150 150 960001 SCHEDULE D, PART IV, LINE 2B Land Held for Others - Parents Challenge received land that is partially held for the benefit of Another organization. The portion of the land held for the benefit of another organization is accounted for as a liability by Parents Challenge and is reported on the balance sheet as land held for others. At June 30, 2024, the balance of the land held for others totaled $150,000. SCHEDULE D, PART X, LINE 2 Parents Challenge is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. In addition, Parents Challenge qualifies for the charitable contribution deduction. Parents Challenge believes that it does not have any uncertain tax positions that are material to the financial statements. true Tuition Scholarships, Tutoring, Educational suppor 325 517817 SCHEDULE I, PART I, LINE 2 THE EXECUTIVE DIRECTOR AND PROGRAM MANAGER ARE RESPONSIBLE FOR THE ADMINISTRATION, RECORD-KEEPING, AND OVERSIGHT OF THE USE OF GRANTS FOR TUITION, TECHNOLOGY, CURRICULUM AS WELL AS PARENT ADVOCACY SESSIONS. GRANTS ARE AWARDED AT THE BEGINNING OF EACH SCHOOL YEAR AND PERIODIC DISBURSEMENTS ARE ADMITTED AS THE CHILD REMAINS IN THE PROGRAM. Monitoring use of funds: Where applicable, payments are paid directly to the recipient's school or tutoring service provider to ensure proper use of funds. Curriculum reimbursement requires documentation of expenditure from the recipient. Schedule I, part III, line I The number of recipients reported is the the number of individuals who received scholarships or assistance during the fiscal year. Form 990, Part III, Line 3 MISSION STATEMENT (Continued): to equip them to choose the education they think is best for their children. Vision: We see a tomorrow where ALL children have access to a quality education that meets their individual needs and prepares them to be productive, contributing citizens. Values: (1) We Fight to Win: Every child, regardless of circumstances, deserves a quality education. (2)Opportunity: We Promote Success: Student academic achievement is our North Star. (3)Excellence: We Love Families: Each family is unique with its own set of needs. (4)Diversity: We Lift Up: Families need a step up, not a handout. (5)Elevation: We Open Doors: The opportunity for a quality education is pivotal to every child's future. (6)Access: We Honor Parents: As the primary decision-makers, parents need information and empowerment. (7)Respect: We Support Choice: Proper learning necessitates an ability to select from traditional public, charter public, private, or home schools. (8)Options: We Add Spice: Supplementary educational services enhance and improve learning. (9)Enhancement: We Got Grit: Parental engagement, accountability, and dedication are critical to their children's success. Parents know best! Standards of Excellence: (1) We approach education from a whole-child perspective, knowing that long-term learning success must involve the parent, the child, the family dynamic, and external resources. (2) We encourage parents to advocate on behalf of all children, not just their own, for excellence within the educational system where they are engaged. (3)we provide supplementary education services and experiential learning support to improve and expand students' educational foundation. (4) We empower parents with resources, both informational and financial, trusting THEM to determine the best learning environment for their children. (5) We offer economic resources to parents, not institutions, to assist and supplement their educational expenses. (6)We create partnerships with our parents and their children, built on respect, mutual accountability, and commitment. (7)We analyze our students' progress to ensure the program's effectiveness and adjust where appropriate to better serve our families' needs. Form 990, Part VI, Section B, Line 11 b A DRAFT OF THE 990 IS SENT TO THE TRUSTEES OF THE BOARD FOR REVIEW, VIA EMAIL, BEFORE THE 990 IS FINALIZED. AFTER RECEIPT OF THE DRAFT, THE TRUSTEES HAVE 2 WEEKS TO REVIEW THE DRAFT AND REQUEST ANY CHANGES. THE FINAL VERSION OF THE RETURN IS SIGNED BY THE TREASURER. Form 990, Part VI, Section B, Line 12 C AT THE ANNUAL BOARD OF DIRECTORS MEETING IN JUNE, THE CONFLICT-OF-INTEREST POLICY IS REVIEWED AND SIGNED BY EACH MEMBER. ANY EXISTING CONFLICTS ARE NOTED IN THE MINUTES AND TAKEN INTO CONSIDERATION IN THE ORGANIZATION'S DECISION-MAKING PROCESS. IF A NEW CONFLICT ARISES DURING THE YEAR, THE BOARD EXPECTS NOTIFICATION OF THE NEW CONFLICT. Form 990, Part VI, Section B, Line 15 A & b THE EXECUTIVE COMMITTEE, COMPRISED OF THE BOARD PRESIDENT, VICE PRESIDENT, AND TREASURER, DETERMINES THE ANNUAL SALARY OF THE EXECUTIVE DIRECTOR, WHICH IS THEN APPROVED BY THE ENTIRE BOARD. COMPARATIVE, PEER DATA AND A PERFORMANCE REVIEW ARE USED TO DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION PACKAGE. THE ORGANIZATION HAS NO OTHER PAID OFFICERS OR EMPLOYEES MEETING THE IRS DEFINITION OF A KEY EMPLOYEE. Form 990 Part VI, Section C, Line 19 THE ORGANIZATION WILL PROVIDE, IN A TIMELY MANNER, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS INCLUDING ITS CONFLICT-OF-INTEREST POLICIES WHEN REQUESTED IN WRITING OR IN PERSON. Form 990, Part X, line 1 and 2 COLUMN (A) BEGINNING YEAR BALANCE: LINE 1, CASH NON-INTEREST-BEARING, WAS ADJUSTED TO RECLASSIFY INTEREST-BEARING BANK ACCOUNTS TO LINE 2, SAVINGS AND TEMPORARY CASH INVESTMENTS. LINE 11, investments - publicly traded securities WAS ADJUSTED TO REPORT mutual funds RECLASSIFIED FROM LINE 2, savings and temporary cash investments.