Foundation For The Challenged in Dublin, Ohio (OH)

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Foundation For The Challenged
Employer Identification Number (EIN)010619670
Name of OrganizationFoundation For The Challenged
In Care of NameDavid B Amerine
Address5970 Wilcox Pl Ste E, Dublin, OH 43016-6808
SubsectionCharitable Organization
Ruling Date06/2004
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$16,647,497
Amount of Income$2,747,083
Form 990 Revenue Amount$1,645,537
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Services to Promote the Independence of Specific Populations


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Amount of income in 2012: $2,747,083
Foundation For The Challenged: 

 $2,747,083
Other organizations performing similar types of work: 

 $91,944

Assets in 2012: $16,647,497
Foundation For The Challenged: 

 $16,647,497
Other organizations performing similar types of work: 

 $47,490

Expenses in 2007: $1,565,225
Foundation For The Challenged: 

 $1,565,225
Other organizations performing similar types of work: 

 $484,147

Income to expenses ratio in 2007: 1.7
This organization: 

 1.7
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2007: 88.4%
This organization: 

 88.4%
Other organizations performing similar types of work: 

 85.8%

Grants share in income in 2007: 46.7%
Foundation For The Challenged: 

 46.7%
Other organizations performing similar types of work: 

 65.5%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20062007
Total revenue$2,883,509$2,612,750
Contributions, gifts, grants, and similar amounts received$1,817,799$1,219,704
Contributions to donor advised funds$0$0
Direct public support$16,650$13,300
Indirect public support$0$0
Government contributions (grants)$1,801,149$1,206,404
Program service revenue including government fees and contracts$787,849$1,213,669
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$8,839$888
Dividends and interest from securities$139,414$166,217
Net rental income or (loss)$0$0
Gross rents$0$0
Less: rental expenses$0$0
Other investment income$0$0
Gain or (loss) from sales of assets other than inventory$129,608$12,272
Gross amount from sales of assets other than inventory$2,347,044$174,736
Less: cost or other basis and sales expenses$2,217,436$162,464
Net income or (loss) from special events and activities$0$0
Gross revenue$0$0
Less: direct expenses other than fundraising expenses$0$0
Gross profit or (loss) from sales of inventory$0$0
Gross sales of inventory, less returns and allowances$0$0
Less: cost of goods sold$0$0
Other revenue$0$0
Total expenses$1,172,998$1,565,225
Program services$1,056,593$1,384,204
Management and general$116,405$181,021
Fundraising$0$0
Payments to affiliates$0$0
Net assets or fund balances at end of year$5,493,663$6,566,114
Excess or (deficit) for the year$1,710,511$1,047,525
Net assets or fund balances at beginning of year$3,707,102$5,493,663
Other changes in net assets or fund balances$76,050$24,926
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$1,565,225$1,384,204$181,021$0
Grants paid from donor advised funds$0
Other grants and allocations$52,413
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$60,000$0$60,000$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$30,025$0$30,025$0
Legal fees$15,600$0$15,600$0
Supplies$3,818$0$3,818$0
Telephone$0$0$0$0
Postage and shipping$708$0$708$0
Occupancy$303,814$303,814$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$154$0$154$0
Travel$6,094$2,962$3,132$0
Conferences, conventions, and meetings$2,377$2,377$0$0
Interest$623,686$623,686$0$0
Depreciation, depletion, etc.$329,075$329,075$0$0
Other expenses not covered above$137,461$69,877$67,584$0
Balance Sheets
20062007
Total assets$15,076,290$16,478,189
Cash - non-interest-bearing$741,027$233,955
Savings and temporary cash investments$14,740$34,435
Accounts receivable less allowance for doubtful accounts$0$0
Pledges receivable less allowance for doubtful accounts$0$0
Grants receivable$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$1,000,000$500,000
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$0$0
Investments - publicly-traded securities$0$0
Investments - other securities$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0
Investments - other$682,244$1,230,670
Land, buildings, and equipment less accumulated depreciation$12,426,012$14,134,360
Other assets, including program-related investments$212,267$344,769
Total liabilities$9,582,627$9,912,075
Accounts payable and accrued expenses$262,284$374,019
Grants payable$0$0
Deferred revenue$0$0
Loans from officers, directors, trustees, and key employees$0$0
Tax-exempt bond liabilities$0$0
Mortgages and other notes payable$9,195,174$9,391,560
Other liabilities$125,169$146,496
Total liabilities and net assets/fund balances$15,076,290$16,478,189
Total net assets or fund balances$5,493,663$6,566,114
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20062007
Total revenue$0$0
Total revenue, gains, and other support per audited financial statements$0$0
Other expenses$0$0
Net unrealized gains on investments$0$0
Donated services and use of facilities$0$0
Recoveries of prior year grants$0$0
Other$0$0
Other revenue$0$0
Investment expenses$0$0
Other$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20062007
Total expenses$0$0
Total expenses and losses per audited financial statements$0$0
Other revenue$0$0
Donated services and use of facilities$0$0
Prior year adjustments$0$0
Losses$0$0
Other$0$0
Other expenses$0$0
Investment expenses$0$0
Other$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
2$9,000$0$0
20$51,000$0$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings5
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$179,377$1,213,669
Program service revenue
Program service revenue 1000000$000$0$1,213,669
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$888$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$166,217$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$12,272$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
20052006
Total$1,048,495$2,753,901
Gifts, grants, and contributions received$787,910$1,817,799
Membership fees received$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$101,224$787,849
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$159,361$148,253
Net income from unrelated business activities not included above$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0
Other income$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$2,286,271
Contributions, Gifts, Grants and Other Similar Amounts$963,058
Program Service Revenue$1,293,599
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$48,581
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-18,967
Gross amount from sales of assets other than inventory (Securities / Other)$1,423,646 / $110,000
Less: cost or other basis and sales expenses (Securities / Other)$1,431,257 / $121,356
Gain or (loss) (Securities / Other)$-7,611 / $-11,356
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$1,819,026
Compensation of current officers, directors, trustees, and key employees$112,556
Other salaries and wages$0
Payroll taxes$46,097
Professional fundraising services$0
Other$1,660,373
Balance Sheet (for 2011)
Total assets$16,855,317
Total liabilities$8,907,292
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$8,615,203
Unsecured notes and loans payable to unrelated third parties$0
Other$292,089
Total net assets or fund balances$7,948,025
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$5,316,734
Gifts, grants, contributions, and membership fees received$4,866,213
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$450,521
Gross receipts from related activities, etc.$6,516,064
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Alternative Opportunities IncPO BOX 1277, Springfield, MO 65801-1277MO1993-08$77,271,426
2Chimes District Of Columbia Inc4815 Seton Dr, Baltimore, MD 21215-3211MD1995-06$76,813,562
3New Beacon Incorporated2145 Highland Ave S, Birmingham, AL 35205-4080AL1997-08$56,629,084
4Adec IncPO BOX 398, Bristol, IN 46507-0398IN1953-06$27,953,909
5Yedei Chesed Inc48 Scotland Hill Rd, Chestnut Rdg, NY 10977-5837NY1999-11$12,054,545
6Kenosha Achievement Center Inc1218 79th St, Kenosha, WI 53143-6111WI1982-10$9,577,069
7Washington Senior Care Corporation600 Grant St Fl 56, Pittsburgh, PA 15219-2730PA2000-07$6,413,920
8Urban Strategies Inc720 Olive St Ste 2600, Saint Louis, MO 63101-2313MO1980-04$5,975,114
9Foundation For The Challenged5970 Wilcox Pl Ste E, Dublin, OH 43016-6808OH2004-06$2,747,083
10Friends Of Adoptive Families Inc866 Outrigger Cove, Painesville, OH 44077OH2008-04$13,892
11Furniture Bank Of Central Ohio118 S Yale Ave, Columbus, OH 43222-1369OH1998-06$4,502,174
12Helping Hands Center For Special NeedsPO BOX 1223, Worthington, OH 43085-1223OH2007-08$4,092,793
13Cincinnati Works Inc708 Walnut Street Suite 200 200, Cincinnati, OH 45202-2022OH1999-08$1,846,899
14Recreation Unlimited Farm & Fun7700 Piper Rd, Ashley, OH 43003-9741OH2003-04$1,512,235
15New Neighbors Residential Services300 East Auburn Avenue No 226-B, Springfield, OH 45505-4703OH2004-10$1,326,528
16In Return6043 Interstate Cir, Blue Ash, OH 45242-1414OH2005-08$606,141
17Ahepa 113 Inc2300 County Line Rd, Beavercreek, OH 45430-1588OH1997-07$481,587
18Nurses For International Development Inc8235 Old Troy Pike Ste 288, Huber Heights, OH 45424-1025OH2006-05$466,000
19Pregnancy Solutions & Services Inc3136 Manchester Rd, Akron, OH 44319-1407OH1996-12$425,391
20Community Aids Network895 N Main St, Akron, OH 44310-2123OH1997-12$419,821
21Moms House Inc, Toledo2505 Franklin Ave, Toledo, OH 43610-1562OH2010-07$387,688
22Independent Living Center Of North Central Ohio Inc1 Marion Ave Ste 115c, Mansfield, OH 44903-7906OH1993-12$375,393
23The Ohio Veterans Home Volunteer Advisory Committee Inc3416 Columbus Ave, Sandusky, OH 44870-5557OH2000-05$365,823
24Independent Choices Inc1848 E Perry St Ste 60, Port Clinton, OH 43452-1441OH1998-12$231,492
25Diabetes Youth Services5871 Monclova Rd, Maumee, OH 43537-1839OH2002-03$226,541
26Most Valuable Kids Inc, Greater Cincinnati7530 Fernwood Dr, Cincinnati, OH 45237-1721OH2002-05$223,024
27Northwest Ohio Community Shares Inc2413 Collingwood Blvd Ste 105, Toledo, OH 43620-1153OH1997-12$221,839
28Lutheran Social Services Of Central Ohio Centerburg Housing Inc500 W Wilson Brg Rd Ste 245, Worthington, OH 43085-2283OH1998-01$220,869
29Onecity Foundation6499 Neville Ct, Mason, OH 45040-4636OH2004-11$219,264
30Maximum Accessible Housing Sheffield1725 E 115th St, Cleveland, OH 44106-3918OH1995-02$205,356
Number of organizations performing similar types of work
Alaska25
Alabama127
Arkansas50
Arizona122
California872
Colorado151
Connecticut71
District of Columbia77
Delaware13
Florida538
Georgia298
Hawaii39
Iowa53
Idaho45
Illinois266
Indiana116
Kansas60
Kentucky63
Louisiana98
Massachusetts163
Maryland204
Maine32
Michigan257
Minnesota142
Missouri153
Mississippi67
Montana36
North Carolina243
North Dakota17
Nebraska44
New Hampshire35
New Jersey185
New Mexico52
Nevada49
New York436
Ohio249
Oklahoma76
Oregon103
Pennsylvania248
Rhode Island17
South Carolina108
South Dakota17
Tennessee146
Texas540
Utah59
Virginia197
Vermont29
Washington142
Wisconsin107
West Virginia40
Wyoming15
International18
Total7,310

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