Challenge Preparatory Charter School

Tax-deductible

Far Rockaway, NY501(c)(3)Since 2010EducationEIN 27-2203903

To prepare students to gain admission to and succeed in competitive high schools.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
Run by 8 volunteers and 162 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $920K a year · 4% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.8M
to officers and key staff · 6% of spending
Top officer’s pay higher than 62% of similar orgs
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $572K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$94.0M
104% of total assets
Concern: liabilities are 104% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$29.6M
+0.2% vs prior year
Spent
$32.1M
To programs
90%
Net assets
−$3.4M
By yearFY2020–FY2025
Revenue
$29.6M
FY2025+0.2%
Revenue by fiscal year
FY2020$16.3M
FY2021$17.6M
FY2022$22.9M
FY2023$27.1M
FY2024$29.5M
FY2025$29.6M
Expenses
$32.1M
FY2025▲ +4%
Expenses by fiscal year
FY2020$15.1M
FY2021$16.0M
FY2022$25.9M
FY2023$28.7M
FY2024$30.7M
FY2025$32.1M
Net assets
−$3.4M
FY2025▼ -255%
Net assets by fiscal year
FY2020$2.0M
FY2021$3.6M
FY2022$1.9M
FY2023$198K
FY2024−$969K
FY2025−$3.4M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $28.9M Management & general 10% · $3.1M Fundraising 0% · $68K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

17 people listed on the 990; $1.8M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
SR. Director, Teaching & Learning
$289,265Pt VII · Sec A
$272,907Pt VII · Sec A
SR. Director, Teaching & Learning
$209,340Pt VII · Sec A
Assistant Principal
$175,144Pt VII · Sec A
Pupil Personnel Services
$159,183Pt VII · Sec A
Director of Finance
$158,405Pt VII · Sec A
Principal
$152,668Pt VII · Sec A
Assistant Principal
$140,705Pt VII · Sec A

Mavgar Mondesir-Gordon’s $289K as SR. Director, Teaching & Learning is at the 62nd percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Mavgar Mondesir-Gordon$289,265$254,159$258,692$175,601$168,535$146,646
Dr Leslie Mullings$272,907$267,104$246,113$161,737$216,804$201,784
Kentia Coreus$209,340$204,960$182,328$120,702$153,395—
Nicole Griffin—$179,011$168,570$111,641$155,909$154,606
Humma Qureshi$175,144$148,737————
Tameeka Richards Director of$159,183$151,147————
Donna Webster$158,405$133,651————
Gasner Vil$152,668$134,945————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Challenge Preparatory Charter School executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps students prepare for and succeed in competitive high schools.

Provided by the organization

This section is blank until Challenge Preparatory Charter School claims this page.

Know this organization? Claim it to add your story

1 program service account for $28.9M of program spending, described in the organization's own filed words · FY2024.
01

The mission of challenge preparatory charter school (challenge) is to prepare students from the greater far rockaway community to excel academically, to demonstrate mastery of the nys and next generation learning standards and to achieve their career aspirations.

$28.9Mprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
50can INCFY2024$572K
Total grants receivedfrom 1 funder$572K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$29.6M
Ln 12
Fees for servicesLn 2g$28.3M
Gifts and grantsLn 1h$1.3M
Investment incomeLn 3$48K
Money outPt IX
$32.1M
Ln 25
Programscol B$28.9M
Managementcol C$3.1M
Fundraisingcol D$68K
Owns and owesPt X
−$3.4M
net assets · Ln 32
Cash and savingsLn 1–2$3.9M
Total assetsLn 16$90.6M
LiabilitiesLn 26$94.0M
PeoplePt VI, VII
17
listed · VII A
PaidVII A10
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Government grantsLn 1e$691K
Noncash giftsLn 1g$77K
Fees for servicesLn 2g$28.3M
Investment incomeLn 3$48K
Other incomeLn 4–11$12K
Total revenueLn 12$29.6M
Assets in detailPt X, end of year
CashLn 1$2.8M
SavingsLn 2$1.2M
Cash and savings togetherLn 1–2$3.9M
Land, buildings, equipmentLn 10c$826K
Other assetsLn 15$84.6M
Total assetsLn 16$90.6M
LiabilitiesLn 26$94.0M
Net assetsLn 32−$3.4M
OperationsPt I, VI
EmployeesI 5162
VolunteersI 68
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$4.0M$3.9M
Land, buildings, equipmentLn 10c$1.0M$826K
Total assetsLn 16$94.8M$90.6M
LiabilitiesLn 26$95.8M$94.0M
Net assetsLn 32−$969K−$3.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.3M$735K$515K$14K
Pay of disqualified personsLn 6$83K$75K$8K
Other salaries and wagesLn 7$14.0M$12.9M$1.0M$10K
Pension plan contributionsLn 8$272K$253K$20K$257
Other employee benefitsLn 9$1.2M$1.1M$74K$125
Payroll taxesLn 10$1.4M$1.3M$138K$2K
Legal feesLn 11b$49K$49K
Accounting feesLn 11c$31K$31K
Professional fundraising feesLn 11e$15K$15K
Other fees for servicesLn 11g$2.4M$2.3M$177K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$360K$308K$40K$12K
Information technologyLn 14$383K$348K$35K$572
OccupancyLn 16$8.4M$7.6M$832K$12K
InterestLn 20$7K$7K
Depreciation, depletion and amortizationLn 22$476K$428K$48K
InsuranceLn 23$304K$274K$30K$449
Other expenses (24a–d)Ln 24$1.1M$1.1M$32K$480
All other expensesLn 24e$165K$128K$36K$9
Total functional expensesLn 25$32.1M$28.9M$3.1M$68K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $29.6M$32.1M−$2.5M−$3.4M 990 PDF
FY2024 $29.5M$30.7M−$1.2M−$969K 990 PDF
FY2023 $27.1M$28.7M−$1.7M$198K 990 PDF
FY2022 $22.9M$25.9M−$3.0M$1.9M 990 PDF
FY2021 $17.6M$16.0M$1.6M$3.6M 990 PDF
FY2020 $16.3M$15.1M$1.2M$2.0M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $29,576,022 across 8 lines filed
VIII-1e Government grants$690,538
VIII-1f All other contributions, gifts and grants$573,965
VIII-1g Noncash contributions (included above)$76,917
VIII-1h Total contributions, gifts and grants$1,264,503
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $28,251,902$28,251,902
VIII-3 Investment incomeExcluded from tax $47,665$47,665
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $11,952$11,952
VIII-12 Total revenueRelated to mission $28,251,902 · Unrelated business $0 · Excluded from tax $59,617$29,576,022
Part IX · Statement of functional expenses $32,050,945 across 19 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $735,463 · Management $515,192 · Fundraising $14,220$1,264,875
IX-6 Pay of disqualified personsPrograms $74,539 · Management $8,139$82,678
IX-7 Other salaries and wagesPrograms $12,948,008 · Management $1,040,472 · Fundraising $10,234$13,998,714
IX-8 Pension plan contributionsPrograms $252,677 · Management $19,523 · Fundraising $257$272,457
IX-9 Other employee benefitsPrograms $1,141,645 · Management $74,089 · Fundraising $125$1,215,859
IX-10 Payroll taxesPrograms $1,267,450 · Management $138,312 · Fundraising $2,074$1,407,836
IX-11b Legal feesManagement $48,640$48,640
IX-11c Accounting feesManagement $31,013$31,013
IX-11e Professional fundraising feesFundraising $15,173$15,173
IX-11g Other fees for servicesPrograms $2,258,722 · Management $177,462$2,436,184
IX-12 Advertising and promotionPrograms $2,500$2,500
IX-13 Office expensesPrograms $307,612 · Management $40,049 · Fundraising $11,981$359,642
IX-14 Information technologyPrograms $347,984 · Management $34,607 · Fundraising $572$383,163
IX-16 OccupancyPrograms $7,591,110 · Management $831,864 · Fundraising $12,445$8,435,419
IX-20 InterestManagement $6,885$6,885
IX-22 Depreciation, depletion and amortizationPrograms $428,094 · Management $47,566$475,660
IX-23 InsurancePrograms $273,633 · Management $29,940 · Fundraising $449$304,022
IX-24 Other expenses (24a–d)Programs $1,113,011 · Management $32,145 · Fundraising $480$1,145,636
IX-24e All other expensesPrograms $128,313 · Management $36,267 · Fundraising $9$164,589
IX-25 Total functional expensesPrograms $28,870,761 · Management $3,112,165 · Fundraising $68,019$32,050,945
Part X · Balance sheet $90,594,036 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $2,850,466$2,776,385
X-2 Savings and temporary cash investmentsStart of year $1,119,084$1,166,749
X-3 Pledges and grants receivableStart of year $911,776$265,908
X-9 Prepaid expenses and deferred chargesStart of year $768,474$933,331
X-10c Land, buildings and equipment, netStart of year $1,047,499$826,496
X-15 Other assetsStart of year $88,115,707$84,625,167
X-16 Total assetsStart of year $94,813,006$90,594,036
X-17 Accounts payable and accrued expensesStart of year $2,335,666$2,620,811
X-19 Deferred revenueStart of year $39,214$464,047
X-25 Other liabilitiesStart of year $93,407,174$90,953,149
X-26 Total liabilitiesStart of year $95,782,054$94,038,007
X-27 Net assets without donor restrictionsStart of year −$969,048−$3,443,971
X-32 Total net assets or fund balancesStart of year −$969,048−$3,443,971
X-33 Total liabilities and net assetsStart of year $94,813,006$90,594,036
Part XI · Reconciliation of net assets −$3,443,971 net assets at year end
XI-1 Total revenue$29,576,022
XI-2 Total expenses$32,050,945
XI-3 Revenue less expenses−$2,474,923
XI-4 Net assets at start of year−$969,048
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$3,443,971

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.