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Filing year 2023

Challenge Foundation Group Inc

Forest City, North Carolina·EIN 81-1808142·NTEE B02 · Education·3
Total revenue
$847k
Total assets
$22.4M
Total expenses
$2.7M
Reported officers
8
Mission

To support start-up charter schools through building facilities which are lease to the school until the school is able to secure financing and purchase the school.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2023

President/execdir
$160k
$175k
Base
$160k
Bonus
Other
Benefits
$160k
$175k
Base
$160k
Bonus
Other
Benefits
Secretary
key employee
$160k
$175k
Base
$160k
Bonus
Other
Benefits
Finance Officer
key employee
$75k
$82k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Education

Down 30%
from 2022

From $230k in 2022 to $160k in 2023.

$230k
2022
$160k
2023
In today's dollarsEst.
Down 33% in real terms$263k to $175k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

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