J โ€” EmploymentEIN: 160956917ยท Ruling Year: 1968

Challenge Industries Inc

Ithaca, New York

BHealth Score
59B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

๐Ÿ’ฐ
$3.4M
Total Revenue
๐Ÿ“Š
$3.4M
Total Expenses
๐Ÿฆ
$2.4M
Net Assets
๐Ÿ“‹
$1.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-24.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.72
Net assets divided by total expenses
Liabilities-to-Assets
40.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,379,536โ†“24%$3,375,161โ†‘9%$4,102,027โ†“2%
2022$4,448,766โ†‘15%$3,086,994โ†“8%$4,165,968โ†‘41%
2021$3,875,839โ†“13%$3,343,816โ†“25%$2,963,866โ†‘28%
2020$4,447,194โ†“18%$4,451,432โ†“18%$2,312,772โ†‘2%
2019$5,447,962โ†“10%$5,401,989โ†“11%$2,269,595
2018$6,021,191โ†‘3%$6,078,633โ†‘2%$2,280,305โ†“8%
2017$5,865,360โ†“7%$5,983,280โ†“11%$2,474,406โ†“15%
2016$6,302,117$6,696,299โ†“9%$2,911,219โ†“23%
2015$6,288,247โ†“7%$7,346,211โ†“1%$3,787,852โ†“32%
2014$6,771,335$7,393,404โ†‘7%$5,535,196โ†“10%
2013$6,791,817โ†“3%$6,929,457โ†‘5%$6,160,233โ†‘74%
2012$7,009,236โ†‘21%$6,572,488โ†‘4%$3,530,347โ†‘21%
2011$5,788,562$6,293,111$2,912,221

Frequently Asked Questions

What does Challenge Industries Inc do?โ–ผ

Challenge Industries Inc is a employment nonprofit organization based in New York. It is classified under NTEE code J33Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Challenge Industries Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Challenge Industries Inc has a score of 59/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Challenge Industries Inc generate?โ–ผ

Challenge Industries Inc reports $5.4M in annual revenue and holds $4.9M in total assets, based on IRS filings.

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Challenge Industries Inc โ€” Ithaca, NY | GiveScope