Nonprofit · EIN 06-1620722
CHARTER OAK CHALLENGE FOUNDATION INC
Tax-exempt · WESTPORT, CT 06880
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $30,503 | $139,214 | -$108,711 | $106,758 | $0 | $106,758 |
| December 31, 2024 | 990 | $39,124 | $230,484 | -$191,360 | $215,469 | $0 | $215,469 |
| December 31, 2023 | 990-EZ | $4,447 | $12,707 | -$8,260 | $406,829 | $0 | $406,829 |
| December 31, 2021 | 990-EZ | $58,404 | $47,325 | $11,079 | $401,162 | $0 | $401,162 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $24,910
- Investment income
- $5,593
Expenses
- Grants and similar amounts paid
- $135,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $3,142
- Other expenses
- $1,072
- Program services (functional)
- $136,021
Balance sheet and other
- Total assets, start of year
- $215,469
- Total assets, end of year
- $106,758
- Total liabilities, end of year
- $0
- Net assets, end of year
- $106,758
- Cash, savings and investments
- $106,758
- Gross receipts
- $30,503
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Boas | President/Treasurer | 20 | $0 |
| Carol Boas | Secretary | 20 | $0 |
| Dick Kalt | Director | 5 | $0 |
| Pearl Kane | Director | 5 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Boas | President/Treasurer Trustee or director, Officer | 20 | $0 |
| Carol Boas | Secretary Trustee or director, Officer | 20 | $0 |
| Dick Kalt | Director Trustee or director | 5 | $0 |
| Pearl Kane | Director Trustee or director | 5 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Boas | President/Treasurer | 20 | $0 |
| Carol Boas | Secretary | 20 | $0 |
| Dick Kalt | Director | 5 | $0 |
| Pearl Kane | Director | 5 | $0 |
990-EZ for the year ended December 31, 2021: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Boas | President/Treasurer | 20 | $0 |
| Carol Boas | Secretary | 20 | $0 |
| Dick Kalt | Director | 5 | $0 |
| Pearl Kane | Director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 575 RIVERSIDE AVE STE 202A, WESTPORT, CT 06880-5934
- In care of
- % ANDREW BOAS
- Signed the 990-EZ
- Andrew Boas, President/Treasurer
- Phone
- (203) 226-2307
- Website
- www.charteroakfoundation.org
- Return prepared by
- Blazek & Vetterling
Mission
The Foundation is dedicated to building better futures for disadvantaged children and their families.
Program accomplishments
- The Foundation makes grants to agencies to promote scholastic development of Bridgeport children by improving elementary and secondary education through its support of charter and public schools.Expenses $136,021 · grants $135,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 06-1620722
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $106,758
- Income (IRS master file)
- $30,503
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $30,503 | $139,214 | $106,758 | XML |
| 990 | December 2024 | $39,124 | $230,484 | $215,469 | XML |
| 990-EZ | December 2023 | $4,447 | $12,707 | $406,829 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | $58,404 | $47,325 | $401,162 | XML |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
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 06-1620722).
Questions about CHARTER OAK CHALLENGE FOUNDATION INC
- What is the EIN of CHARTER OAK CHALLENGE FOUNDATION INC?
- The employer identification number (EIN) of CHARTER OAK CHALLENGE FOUNDATION INC is 06-1620722.
- Is CHARTER OAK CHALLENGE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to CHARTER OAK CHALLENGE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHARTER OAK CHALLENGE FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of CHARTER OAK CHALLENGE FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHARTER OAK CHALLENGE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of CHARTER OAK CHALLENGE FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does CHARTER OAK CHALLENGE FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $30,503, expenses of $139,214 and total assets of $106,758 at year end.
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