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Nonprofit · EIN 57-1153858

PHOENIX CHALLENGE FOUNDATION INC

Tax-exempt · WAXHAW, NC 28173

Financials

$65K$71K2023$82K$88K2024$102K$97K2025
Revenue Expenses · by fiscal year end
Financials of PHOENIX CHALLENGE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2026990$102,027$97,009$5,018$150,461$0$150,461
June 30, 2025990$82,394$87,832-$5,438$145,443$0$145,443
June 30, 2024990$65,240$70,796-$5,556$150,881$0$150,881
Financial details: 990 for the year ended June 30, 2026

Revenue

Contributions, gifts and grants
$87,155
Program service revenue
$0
Investment income
$14,872
Net gain from sales of assets
$4,185
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,250
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$14,273
Program services (functional)
$97,009

Balance sheet and other

Total assets, start of year
$145,443
Total assets, end of year
$150,461
Total liabilities, end of year
$0
Net assets, end of year
$150,461
Publicly traded securities
$143,120
Net assets without donor restrictions
$150,461
Gross receipts
$112,954
Employees
0
Year formed
2003
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 June 30, 2026, highest compensation first.

NameTitleHours / weekCompensation
BETTYLYN KRAFFTDIRECTOR/PRE
Trustee or director, Officer
–$0
HOWARD VREELANDDIRECTOR
Trustee or director
–$0
LISA MUENNICHSECRETARY
Officer
–$0
PAM ROBINSONTREASURER
Officer
–$0
990 for the year ended June 30, 2025: 4 people
NameTitleHours / weekCompensation
BETTYLYN KRAFFTDIRECTOR/PRE
Trustee or director, Officer
–$0
HOWARD VREELANDDIRECTOR
Trustee or director
–$0
LISA MUENNICHSECRETARY
Officer
–$0
PAM ROBINSONTREASURER
Officer
–$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
BETTYLYN KRAFFTDIRECTOR/PRE
Trustee or director, Officer
–$0
HOWARD VREELANDDIRECTOR
Trustee or director
–$0
LISA MUENNICHSECRETARY
Officer
–$0
PAM ROBINSONTREASURER
Officer
–$0

Address and contacts

Address (IRS master file)
6805 PLEASANT GROVE RD, WAXHAW, NC 28173-8152
In care of
% BETTYLYN O KRAFFT
Principal officer (990 for 2025)
BETTYLYN KRAFFT, 6805 PLEASANT GROVE ROAD, WAXHAW, NC 28173
Signed the 990
BETTYLYN KRAFFT, DIRECTOR/PRESIDENT
Phone
(704) 843-4870
Return prepared by
HUGGINS & COMPANY CPA PA

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PROMOTE AND PARTICIPATE IN THE EDUCATION OF HIGH SCHOOL AND POST HIGH SCHOOL STUDENTS IN FLEXOGRAPHY BY PROVIDING INCENTIVES AND SCHOLARSHIPS FOR STUDENTS TO PURSUE A FLEXOGRAPHY EDUCATION

990 for the year ended June 30, 2026

Program accomplishments

  • THE PURPOSE OF THE ORGANIZATION IS TO PROMOTE, SUPPORT AND PARTICIPATE IN THE EDUCATION OF HIGH SCHOOL AND POST HIGH SCHOOL STUDENTS IN FLEXOGRAPHY BY PROVIDING INCENTIVES AND SCHOLARSHIPS FOR STUDENTS TO PURSUE FLEXOGRAPHY EDUCATION
    Expenses $97,009 · grants $1,250

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026990 on file
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
57-1153858
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
2004
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$150,461
Income (IRS master file)
$112,954

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2026$102,027$97,009$150,461XML
990June 2025$82,394$87,832$145,443IRS
990June 2024$65,240$70,796$150,881XML
990June 2023$45,265$73,555$156,437IRS
990June 2022$30,790$31,590$184,727IRS
990June 2021$70,972$27,909$185,527IRS
990June 2020–––IRS
990June 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 57-1153858).

Questions about PHOENIX CHALLENGE FOUNDATION INC

What is the EIN of PHOENIX CHALLENGE FOUNDATION INC?
The employer identification number (EIN) of PHOENIX CHALLENGE FOUNDATION INC is 57-1153858.
Is PHOENIX CHALLENGE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to PHOENIX CHALLENGE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PHOENIX CHALLENGE FOUNDATION INC 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 PHOENIX CHALLENGE FOUNDATION INC due?
The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PHOENIX CHALLENGE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2026.
Who is the principal officer of PHOENIX CHALLENGE FOUNDATION INC?
The 990 for the year ended June 30, 2026 names BETTYLYN KRAFFT.
Who are the officers and directors of PHOENIX CHALLENGE FOUNDATION INC?
The 990 for the year ended June 30, 2026 lists 4 people; 0 received compensation from the organization.
How much revenue does PHOENIX CHALLENGE FOUNDATION INC have?
On its 990 for the year ended June 30, 2026 it reported revenue of $102,027, expenses of $97,009 and total assets of $150,461 at year end.

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