Challenger School Foundation
9424 S 300 W, Sandy, UT · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $209,931,404 | $148,923,765 | $665,880,425 |
| FY2024 | $192,136,005 | $136,675,852 | $594,102,486 |
| FY2023 | $180,543,486 | $124,588,645 | $526,848,713 |
| FY2022 | $158,595,175 | $108,612,306 | $468,103,878 |
| FY2021 | $109,988,132 | $99,572,403 | $433,337,785 |
| FY2020 | $108,261,101 | $95,513,831 | $413,630,169 |
| FY2019 | $123,825,555 | $87,585,204 | $395,429,947 |
| FY2018 | $116,649,220 | $84,235,219 | $357,221,206 |
| FY2017 | $114,588,874 | $83,051,279 | $324,404,832 |
| FY2016 | $110,781,325 | $80,354,420 | $289,362,076 |
| FY2015 | $244,777,369 | $86,881,525 | $256,209,669 |
| FY2014 | $109,829,595 | $86,999,290 | $101,305,906 |
Form 990 filings
The returns filed by Challenger School Foundation (EIN 47-1405971), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $105,000 | <1% |
| Program service revenue | $186,650,404 | 89% |
| Other revenue | $23,176,000 | 11% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $129,820,362 | 87% |
| Management & general | $19,103,403 | 13% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 89% of total revenue in FY2025.
- Program services accounted for 87% of functional expenses, management & general 13%, and fundraising 0%.
- 87% of functional expenses went to program services in FY2025. That is higher than 61.5% of 39 Education organizations in UT.
- Net assets covered about 53.7 months of expenses at the end of the reporting year. That puts it in the 83rd percentile among 413 Education organizations in UT.
- Total revenue was higher than 99.8% of 426 Education organizations in UT.
- Total revenue rose from $109,829,595 in FY2014 to $209,931,404 in FY2025. Revenue increased in 9 and decreased in 2 of 11 year-over-year comparisons.
- Revenue covered expenses in each of the 12 reported years, FY2014 to FY2025.
- The highest revenue on record here is $244,777,369 in FY2015.
- Net assets grew from $101,305,906 to $665,880,425 between FY2014 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
PROMOTE THE EDUCATIONAL OBJECTIVES OF CHALLENGER SCHOOL FOUNDATION BY OPERATING SCHOOLS FOR PRESCHOOL THROUGH EIGHTH GRADE.
IRS status
| Ruling year | 2014 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B24 — Education (in UT) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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