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Nonprofit · EIN 26-0718397

K2 CHALLENGE

Tax-exempt · RALEIGH, NC 27695

Financials

$214K$216K2023$265K$250K2024$288K$277K2025
Revenue Expenses · by fiscal year end
Financials of K2 CHALLENGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2026990$287,587$276,668$10,919$149,747$0$149,747
March 31, 2025990$265,059$250,381$14,678$138,828$0$138,828
March 31, 2024990$214,273$216,232-$1,959$124,150$0$124,150
Financial details: 990 for the year ended March 31, 2026

Revenue

Contributions, gifts and grants
$3,520
Program service revenue
$274,001
Investment income
$0
Net income from sales of inventory
$10,066
Other revenue
$10,066

Expenses

Grants and similar amounts paid
$160,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$196,728
Management and general (functional)
$79,907
Fundraising (functional)
$33

Balance sheet and other

Total assets, start of year
$138,828
Total assets, end of year
$149,747
Total liabilities, end of year
$0
Net assets, end of year
$149,747
Net assets without donor restrictions
$149,747
Gross receipts
$302,697
Employees
0
Volunteers
150
Year formed
2004
State of legal domicile
NC

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 for the year ended March 31, 2026, highest compensation first.

NameTitleHours / weekCompensation
Lakshya MahajanDirector - IT Finance
Trustee or director
8$0
Siddharth MaruvadaDirector - Merch Logistics Sponsors
Trustee or director
8$0
Parker JonesDirector - PR Logistics Sponsors
Trustee or director
8$0
Lottie ParkerSponsorships Head
Officer
8$0
Srujan PonnapalliFinance Head
Officer
8$0
Sunida SiphanthoneMerchandise Head
Officer
8$0
Lindsay SalladinoPublic Relations Head
Officer
8$0
Ashika KamjulaInformation Technology Head
Officer
8$0
Raina McMillianLogistics Head
Officer
8$0
Sabrina BechtLogistics Head
Officer
8$0
Carlos GarciaHernandezFundraising Pre-Race Head
Officer
8$0
990 for the year ended March 31, 2025: 10 people
NameTitleHours / weekCompensation
Anna DoggettDirector - Sponsors Logistics Merch
Trustee or director
8$0
Pranav KaleDirector - IT Finance Fundraising
Trustee or director
8$0
Bri McMillanDirector - PR Logistics Sponsors
Trustee or director
8$0
Lottie ParkerSponsorships Department Leader
Officer
8$0
Harsh SurtiFinance Department Leader
Officer
8$0
Ashlyn CrockerPR Fundraising Leader
Officer
8$0
Sunida SiphanthoneMerchandise Department Leader
Officer
8$0
Grant LewisonInformation Technology Leader
Officer
8$0
Matthew PeckLogistics Department Leader
Officer
8$0
Parker JonesLogistics Department Leader
Officer
8$0
990 for the year ended March 31, 2024: 13 people
NameTitleHours / weekCompensation
Emma Grace BarnesDirector of Sponsorships Logistics
Trustee or director
8$0
Olive Ann ParkerDirector of PreRace Fundraising
Trustee or director
8$0
Jalen LucasDirector of Public Relations and IT
Trustee or director
8$0
Shaun DeardorffDirector of Merchandise and Finance
Trustee or director
8$0
Beijul ShahExecutive Assistant
Officer
8$0
Parker BowmanPreRace Fundraising Leader
Officer
8$0
Hayden ParkerFinance Department Leader
Officer
8$0
Brady CollinsMerchandise Department Leader
Officer
8$0
Pranav KaleInformation Technology Leader
Officer
8$0
Anna DoggettLogistics Department Leader
Officer
8$0
Bri McMillanLogistics Department Leader
Officer
8$0
Joseph MajualSponsorships Department Leader
Officer
8$0
Ashlyn CrockerPublic Relations Department Leader
Officer
8$0

Address and contacts

Address (IRS master file)
CAMPUS BOX 7009, RALEIGH, NC 27695-0001
In care of
% PRANAV KALE
Principal officer (990 for 2025)
Lakshya Mahajan, CAMPUS BOX 7009, Raleigh, NC 276950001
Signed the 990
Lakshya Mahajan, Director - IT Finance
Phone
(919) 371-8781

Mission

The annual Krispy Kreme Challenge charity race was held on February 3 2024 with all proceeds donated to the UNC Childrens Hospital Childrens Promise Fund.

990 for the year ended March 31, 2026

Program accomplishments

  • Users register to participate in our race. All proceeds are donated to the UNC Childrens Hospital.
    Expenses $196,728 · grants $160,000 · revenue $284,067

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026990 on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
26-0718397
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$149,747
Income (IRS master file)
$302,697

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2026$287,587$276,668$149,747XML
990March 2025$265,059$250,381$138,828XML
990March 2024$214,273$216,232$124,150XML
990March 2023$198,647$172,215$126,109IRS
990March 2022$129,521$79,430$99,677IRS
990March 2021$169,097$194,022$49,586IRS

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 26-0718397).

Questions about K2 CHALLENGE

What is the EIN of K2 CHALLENGE?
The employer identification number (EIN) of K2 CHALLENGE is 26-0718397.
Is K2 CHALLENGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to K2 CHALLENGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does K2 CHALLENGE 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 K2 CHALLENGE due?
The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did K2 CHALLENGE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2026.
Who is the principal officer of K2 CHALLENGE?
The 990 for the year ended March 31, 2026 names Lakshya Mahajan.
Who are the officers and directors of K2 CHALLENGE?
The 990 for the year ended March 31, 2026 lists 11 people; 0 received compensation from the organization.
How much revenue does K2 CHALLENGE have?
On its 990 for the year ended March 31, 2026 it reported revenue of $287,587, expenses of $276,668 and total assets of $149,747 at year end.

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