Nonprofit · EIN 68-0587684
CHAMPIONS FOR KIDS
Tax-exempt · FAYETTEVILLE, AR 72702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,171,708 | $1,668,349 | $503,359 | $539,915 | $30,157 | $509,758 |
| December 31, 2023 | 990 | $311,170 | $304,774 | $6,396 | $74,398 | $68,000 | $6,398 |
| December 31, 2022 | 990-EZ | $95,116 | $98,166 | -$3,050 | $5,404 | $0 | $5,404 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,969,474
- Program service revenue
- $202,234
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $7,116
- Occupancy
- $393
- Program services (functional)
- $1,668,349
Balance sheet and other
- Total assets, start of year
- $74,398
- Total assets, end of year
- $539,915
- Total liabilities, end of year
- $30,157
- Net assets, end of year
- $509,758
- Net assets without donor restrictions
- $509,758
- Gross receipts
- $2,171,708
- Employees
- 0
- Year formed
- 2004
- State of legal domicile
- AR
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DORRY DAVIS | SECRETARY Officer | 5 | $0 |
| ADELAIDE SHAEFFER | BOARD Officer | 5 | $0 |
| STEPHANIE RIFFLE | CHAIRMAN Officer | 5 | $0 |
| GARY ALECUSAN | TREASURER Officer | 5 | $0 |
| ADELAIDE SCHAEFFER | EXECUTIVE DIRECTOR Highest-paid employee | 20 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICK BASOM | CHAIRMAN Officer | 5 | $0 |
| JIM REEB | TREASURER Officer | 5 | $0 |
| JACQUI LINDSAY | SECRETARY Officer | 5 | $0 |
| ADELAIDE SHAEFFER | BOARD Officer | 5 | $0 |
| ADELAIDE SCHAEFFER | EXECUTIVE DIRECTOR Highest-paid employee | 20 | $0 |
990-EZ for the year ended December 31, 2022: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACQUI LINDSAY | SECRETARY | 5 | $0 |
| ADELAIDE SHAEFFER | BOARD | 5 | $0 |
| RICK BASOM | CHAIRMAN | 5 | $0 |
| ADELAIDE SCHAEFFER | EXECUTIVE DIRECTOR | 20 | $0 |
| JIM REEB | TREASURER | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 488, FAYETTEVILLE, AR 72702-0488
- In care of
- % ADELAIDE SCHAEFFER
- Signed the 990
- ADELAIDE SCHAEFFER, DIRECTOR
- Return prepared by
- LISA LASHLEY HIGGINS CPA
Mission
TO ENCOURAGE BEHAVIORS THAT PROMOTE READING AND LIFE SKILLS FOR LOCAL SCHOOLS, TEACHERS, AND STUDENTS.
Program accomplishments
- CHAMPIONS FOR KIDS (CFK) HAS AN EXCEPTIONAL HISTORY OF STEWARDING RESOURCES WITH $ 0.945 OF EVERY DONATED DOLLAR GOING DIRECTLY TOWARDS THE ORGANIZATIONS PROGRAMS AND MISSION, WHILE CONTROLLING ADMINISTRATIVE AND FUNDRAISING COSTS AT $ 0.03 AND $ 0.025 PER DONATED DOLLAR RESPECTIVELY. THE LARGEST SPEND FOR THE ORGANIATION IS PROGRAM INVESTMENTS WHICH INCLUDE ITEMS DISTRIBUTED TO LOCAL SCHOOLS, TEACHERS AND STUDENTS TO INCENTIVIZE BEHAVIORS THAT PROMOTE READING AND LIFE SKILLS CORE TO CFKS MISSION. FOR CLARIFICATION, PROGRAM INVESTMENTS ARE DEFINED AS ALL SPENDING DIRECTLY RELATED TO THE MISSION AND VISION OF CFKS, WHILE PROGRAM EVENT EXPENSES ARE SPENDING RELATED TO ANY EVENT COSTS NOT DIRECTLY BENEFITING SCHOOLS, TEACHERS, STAFF, OR STUDENTS IN CONNECTION TO CFKS MISSION.Expenses $1,668,349 · revenue $2,171,447
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 68-0587684
- 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
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $728,931
- Income (IRS master file)
- $4,443,602
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,171,708 | $1,668,349 | $539,915 | XML |
| 990 | December 2023 | $311,170 | $304,774 | $74,398 | XML |
| 990-EZ | December 2022 | $95,116 | $98,166 | $5,404 | XML |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 68-0587684).
Questions about CHAMPIONS FOR KIDS
- What is the EIN of CHAMPIONS FOR KIDS?
- The employer identification number (EIN) of CHAMPIONS FOR KIDS is 68-0587684.
- Is CHAMPIONS FOR KIDS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to CHAMPIONS FOR KIDS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHAMPIONS FOR KIDS 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 CHAMPIONS FOR KIDS 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 CHAMPIONS FOR KIDS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of CHAMPIONS FOR KIDS?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does CHAMPIONS FOR KIDS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,171,708, expenses of $1,668,349 and total assets of $539,915 at year end.
Other nonprofits in FAYETTEVILLE
- JOHN AND ASHLEY RAUSCH FAMILY CHARI TABLE FOUNDATION EIN 39-4712694 · last filed 990-PF for 2025
- WILLARD AND PAT WALKER CHARITABLE FOUNDATION INC EIN 20-0235689 · last filed 990-PF for 2025
- UNIVERSITY OF ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION EIN 81-0626998 · last filed 990 for 2025
- TYSON FOUNDATION INC EIN 23-7087948 · last filed 990-PF for 2024
- EVANS FAMILY FOUNDATION EIN 20-3917822 · last filed 990-PF for 2025
- UNITED WAY OF NORTHWEST ARKANSAS INC EIN 71-0305700 · last filed 990 for 2024
- DON S & DEBRA D HARRIS FAMILY CHARITABLE TR EIN 61-6249560 · last filed 990-PF for 2025
- YATES FAMILY FOUNDATION EIN 83-1096585 · last filed 990-PF for 2025
All nonprofits in FAYETTEVILLE · Arkansas · Philanthropy, voluntarism and grantmaking foundations