Nonprofit · EIN 30-0292404
CHALLENGED SPORTS EXCHANGE INC
Tax-exempt · LYNCHBURG, VA 24502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $32,519 | $26,066 | $6,453 | $231,924 | $0 | $231,924 |
| December 31, 2023 | 990-EZ | $47,577 | $31,379 | $16,198 | $225,471 | $0 | $225,471 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $16,151
- Investment income
- $121
- Net income from fundraising events
- $16,247
Expenses
- Compensation of officers, directors and key employees
- $0
- Occupancy
- $6,303
- Printing, publications and postage
- $22
- Other expenses
- $19,741
- Program services (functional)
- $6,565
Balance sheet and other
- Total assets, start of year
- $225,471
- Total assets, end of year
- $231,924
- Total liabilities, end of year
- $0
- Net assets, end of year
- $231,924
- Cash, savings and investments
- $231,924
- Gross receipts
- $46,449
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James Monaghan | Chairman | 10 | $0 |
| Mike Ion | Board Member | 10 | $0 |
| Bethel Thomas | Board Member | 5 | $0 |
| Rhonda Skinner | Secretary | 5 | $0 |
| Kathi Evans | Treasurer | 25 | $0 |
| Gail Ballowe | Vice Chairman | 20 | $0 |
| Michael Pulliam | Board Member | 5 | $0 |
| Carol Cyrus | Board Member | 5 | $0 |
| Michael Carwile | Board Member | 5 | $0 |
| Vickie Boyer | Board Member | 0 | $0 |
990-EZ for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James Monaghan | Chairman | 10 | $0 |
| Mike Ion | Board Member | 10 | $0 |
| Bethel Thomas | Board Member | 5 | $0 |
| Rhonda Skinner | Secretary | 5 | $0 |
| Kathi Evans | Treasurer | 25 | $0 |
| Gail Ballowe | Vice Chairman | 20 | $0 |
| Michael Pulliam | Board Member | 0 | $0 |
| Carol Cyrus | Board Member | 0 | $0 |
| Michael Carwile | Board Member | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 22174 TIMBERLAKE RD, LYNCHBURG, VA 24502-5054
- In care of
- % GAIL BELLOWE
- Mailing address (990-N for 2007)
- 3539 Round Hill Road, Lynchburg VA 24503
- Principal officer (990-N for 2007)
- James Monaghan, 21106 Timberlake Road, Lynchburg VA 24502
- Signed the 990-EZ
- GAIL BELLOWE, Vice Chairman
- Phone
- (434) 941-0252
- Return prepared by
- Johnson CPA & Associates PC
Mission
RECREATION FOR MENTALLY CHALLENGED
Program accomplishments
- Athletic, Music, and Other ProgramsExpenses $6,565
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 30-0292404
- 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
- 2005
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Recreation and sports (N99)
- Assets (IRS master file)
- $231,924
- Income (IRS master file)
- $46,449
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $32,519 | $26,066 | $231,924 | XML |
| 990-EZ | December 2023 | $47,577 | $31,379 | $225,471 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2007 Officer: James Monaghan | December 31, 2007 | ≤ $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 30-0292404).
Questions about CHALLENGED SPORTS EXCHANGE INC
- What is the EIN of CHALLENGED SPORTS EXCHANGE INC?
- The employer identification number (EIN) of CHALLENGED SPORTS EXCHANGE INC is 30-0292404.
- Is CHALLENGED SPORTS EXCHANGE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to CHALLENGED SPORTS EXCHANGE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHALLENGED SPORTS EXCHANGE INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of CHALLENGED SPORTS EXCHANGE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHALLENGED SPORTS EXCHANGE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of CHALLENGED SPORTS EXCHANGE INC?
- The 990-N for 2007 names James Monaghan.
- Who are the officers and directors of CHALLENGED SPORTS EXCHANGE INC?
- The 990-EZ for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does CHALLENGED SPORTS EXCHANGE INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $32,519, expenses of $26,066 and total assets of $231,924 at year end.
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