Nonprofit · EIN 47-4230865
CHALLENGE PREPARATORY ACADEMY CHARTER SCHOOL
Tax-exempt (reinstated) · AUGUSTA, GA 30901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990-EZ | $190,528 | $206,182 | -$15,654 | $57,687 | $29,895 | $27,792 |
| June 30, 2023 | 990-EZ | $197,599 | $168,903 | $28,696 | $73,621 | $30,080 | $43,541 |
| June 30, 2022 | 990 | $92,412 | $102,590 | -$10,178 | $27,713 | $9,033 | $18,680 |
Financial details: 990-EZ for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $59,259
- Program service revenue
- $131,269
Expenses
- Compensation of officers, directors and key employees
- $80,086
- Salaries, compensation and benefits (total)
- $122,596
- Professional fees and payments to contractors
- $6,000
- Occupancy
- $13,200
- Other expenses
- $64,386
Balance sheet and other
- Total assets, start of year
- $73,621
- Total assets, end of year
- $57,687
- Total liabilities, end of year
- $29,895
- Net assets, end of year
- $27,792
- Cash, savings and investments
- $34,805
- Gross receipts
- $190,528
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended June 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAYREATHER WILLIS | PRINCIPAL | 60 | $80,086 |
| MELVIN IVEY | PRESIDENT | 5 | $0 |
| SANFORD LOYD | TREASURER | 1 | $0 |
| ASHA WILLIS | DIRECTOR | 2 | $0 |
990-EZ for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAYREATHER WILLIS | PRINCIPAL | 60 | $80,086 |
| SANFORD LOYD | TREASURER | 1 | $0 |
| MELVIN IVEY | PRESIDENT | 5 | $0 |
| ASHA WILLIS | DIRECTOR | 2 | $0 |
| NAKESHA ROLLE | DIRECTOR | 1 | $0 |
| TERRI GHANT | DIRECTOR | 1 | $0 |
990 for the year ended June 30, 2022: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAYREATHER WILLIS | PRINCIPAL Trustee or director | 50 | $60,064 |
Address and contacts
- Address (IRS master file)
- 1121 GREENE ST, AUGUSTA, GA 30901-2125
- In care of
- % MAYREATHER WILLIS
- Mailing address (990-N for 2020)
- 1121 GREENE STREET, AUGUSTA GA 30901
- Principal officer (990-N for 2020)
- MELVIN IVEY, 1121 GREENE STREET, AUGUSTA GA 30901
- Signed the 990-EZ
- MAYREATHER WILLIS, PRINCIPAL
- Phone
- (706) 431-7298
Mission
SEE PART III STMT
Program accomplishments
- Provided Elementary and Middle School education for 18 childrengrants $33,609
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 47-4230865
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $57,687
- Income (IRS master file)
- $190,528
Revocation and reinstatement
- Exemption revoked
- November 15, 2017
- Posted by the IRS
- March 12, 2018
- Reinstated
- Effective November 15, 2017
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2024 | $190,528 | $206,182 | $57,687 | XML |
| 990-EZ | June 2023 | $197,599 | $168,903 | $73,621 | XML |
| 990 | June 2022 | $92,412 | $102,590 | $27,713 | XML |
| 990-N for 2020 Officer: MELVIN IVEY | June 30, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Mayreather Wills | June 30, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-4230865).
Questions about CHALLENGE PREPARATORY ACADEMY CHARTER SCHOOL
- What is the EIN of CHALLENGE PREPARATORY ACADEMY CHARTER SCHOOL?
- The employer identification number (EIN) of CHALLENGE PREPARATORY ACADEMY CHARTER SCHOOL is 47-4230865.
- Is CHALLENGE PREPARATORY ACADEMY CHARTER SCHOOL tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2017 and reinstated it effective November 15, 2017.
- Are donations to CHALLENGE PREPARATORY ACADEMY CHARTER SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHALLENGE PREPARATORY ACADEMY CHARTER SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHALLENGE PREPARATORY ACADEMY CHARTER SCHOOL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHALLENGE PREPARATORY ACADEMY CHARTER SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2024.
- Who is the principal officer of CHALLENGE PREPARATORY ACADEMY CHARTER SCHOOL?
- The 990-N for 2020 names MELVIN IVEY.
- Who are the officers and directors of CHALLENGE PREPARATORY ACADEMY CHARTER SCHOOL?
- The 990-EZ for the year ended June 30, 2024 lists 4 people; 1 received compensation from the organization, the highest $80,086 (MAYREATHER WILLIS, PRINCIPAL).
- How much revenue does CHALLENGE PREPARATORY ACADEMY CHARTER SCHOOL have?
- On its 990-EZ for the year ended June 30, 2024 it reported revenue of $190,528, expenses of $206,182 and total assets of $57,687 at year end.
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