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Nonprofit · EIN 27-0868701

CHALLENGE AMERICA

Tax-exempt · BASALT, CO 81621

Financials

$139K$263K2023$623K$529K2024$703K$555K2025
Revenue Expenses · by fiscal year end
Financials of CHALLENGE AMERICA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$702,913$555,409$147,504$306,113$3,836$302,277
December 31, 2024990$622,933$528,531$94,402$159,952$5,179$154,773
December 31, 2023990$138,619$262,524-$123,905$63,039$2,668$60,371
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$695,354
of which government grants
$581,000
Program service revenue
$0
Investment income
$7,559
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$57,917
Other salaries and wages
$130,980
Salaries, compensation and benefits (total)
$211,926
Professional fundraising fees
$0
Accounting fees
$10,042
Travel
$10,771
Program services (functional)
$507,632
Management and general (functional)
$32,415
Fundraising (functional)
$15,362

Balance sheet and other

Total assets, start of year
$159,952
Total assets, end of year
$306,113
Total liabilities, end of year
$3,836
Net assets, end of year
$302,277
Land, buildings and equipment
$5,611
Net assets without donor restrictions
$302,277
Gross receipts
$702,913
Employees
5
Year formed
2009
State of legal domicile
CO

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
HOUSTON COWENFOUNDER & CE
Officer
40$57,917
MATTHEW MCBRIDEPRESIDENT
Trustee or director, Officer
2$0
HOUSTON COWANSECRETARY\TR
Trustee or director, Officer
2$0
DR DAVID BROWNBOARD MEMBER
Trustee or director
2$0
DON CLURMANBOARD MEMBER
Trustee or director
2$0
DANIELLE KRAKORABOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
HOUSTON COWENFOUNDER & CE
Officer
40$47,917
MATTHEW MCBRIDEPRESIDENT
Trustee or director, Officer
2$0
HOUSTON COWANSECRETARY\TR
Trustee or director, Officer
2$0
DR DAVID BROWNBOARD MEMBER
Trustee or director
2$0
DON CLURMANBOARD MEMBER
Trustee or director
2$0
DANIELLE KRAKORABOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
HOUSTON COWENFOUNDER & CE
Officer
40$22,917
MATTHEW MCBRIDEPRESIDENT
Trustee or director, Officer
2$0
HOUSTON COWANSECRETARY\TR
Trustee or director, Officer
2$0
DR DAVID BROWNBOARD MEMBER
Trustee or director
2$0
DON CLURMANBOARD MEMBER
Trustee or director
2$0
DANIELLE KRAKORABOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
PO BOX 4467, BASALT, CO 81621-4467
Mailing address (990-N for 2009)
PO Box 6748, Snowmass Village CO 81615
Principal officer (990 for 2025)
HOUSTON COWAN, PO BOX 4467, BASALT, CO 81621
Principal officer (990-N for 2009)
Houston Cowan, PO Box 6748, Snowmass Village CO 81615
Signed the 990
HOUSTON COWAN, SECRETARY\TREASURER
Phone
(970) 279-1323
Return prepared by
TAYLOR ROTH AND COMPANY

Mission

CHALLENGE AMERICA CONNECTS SERVICE MEMBERS, VETERANS AND THEIR FAMILIES TO RESOURCES AND SOLUTIONS THAT BUILD COMMUNITY AND GIVE PURPOSE TO THEIR LIVES.

990 for the year ended December 31, 2025

Program accomplishments

  • AT CHALLENGE AMERICA WE HAVE MADE IT OUR MISSION TO CONNECT SERVICE MEMBERS, VETERANS AND THEIR FAMILIES TO RESOURCES AND SOLUTIONS THAT BUILD COMMUNITY AND GIVE PURPOSE TO THEIR LIVES. FROM THE BEGINNING, WE SET OUT TO CHALLENGE THE STATUS QUO BY DESIGNING AND SCALING INNOVATIVE, EVIDENCE- BASED SOLUTIONS TO THE NEEDS OF THE MILITARY COMMUNITY - NO MATTER WHERE THEY LIVE. BY LEVERAGING TECHNOLOGY, CREATIVE ARTS AND COMMUNITY SOLIDARITY, WE ARE CHALLENGING AMERICA TO THINK DIFFERENTLY ABOUT HOW WE SERVE OUR MILITARY. IN 2025, WE IMPACTED MORE THAN 16,000 VETERANS. ------------------ MORE DETAIL ON SCHEDULE O ------------------
    Expenses $507,632

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-0868701
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
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$306,113
Income (IRS master file)
$702,913

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$702,913$555,409$306,113IRS
990December 2024$622,933$528,531$159,952IRS
990December 2023$138,619$262,524$63,039XML
990December 2022$474,740$354,846$195,264IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2009
Officer: Houston Cowan
December 31, 2009≤ $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 27-0868701).

Questions about CHALLENGE AMERICA

What is the EIN of CHALLENGE AMERICA?
The employer identification number (EIN) of CHALLENGE AMERICA is 27-0868701.
Is CHALLENGE AMERICA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to CHALLENGE AMERICA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHALLENGE AMERICA 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 AMERICA 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 CHALLENGE AMERICA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of CHALLENGE AMERICA?
The 990 for the year ended December 31, 2025 names HOUSTON COWAN.
Who are the officers and directors of CHALLENGE AMERICA?
The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $57,917 (HOUSTON COWEN, FOUNDER & CE).
How much revenue does CHALLENGE AMERICA have?
On its 990 for the year ended December 31, 2025 it reported revenue of $702,913, expenses of $555,409 and total assets of $306,113 at year end.

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