CHALLENGE DISCOVERY PROJECTS INC (EIN 510250681) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

CYNDY WELDON-LASSITER ED D

Phone

8046430002

Tax Period

2024-07-01 to 2025-06-30

CHALLENGE DISCOVERY PROJECTS INC, founded in 1980, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2017. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $990K left a modest 7% surplus.

Mission

TO PROVIDE EFFECTIVE, SPECIALIZED SERVICES THROUGH QUALIFIED PROFESSIONALS TO MEET THE NEEDS OF CHILDREN, ADOLESCENTS AND ADULTS, AND THEIR FAMILIES, REGARDLESS OF ABILITY TO PAY, IN AREAS OF CHEMICAL DEPENDENCY, HEALTH, MENTAL HEALTH, EDUCATIONAL ASSISTANCE AND HEARING IMPAIRMENT

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,198,253

Program Service Revenue $0

Investment Income $0

Other Revenue $-10,859

TOTAL REVENUE $1,187,394

Expense Breakdown

Grants Paid $0

Salaries & Benefits $779,904

Fundraising Expenses $0

Program Expenses $903,579

Other Expenses $363,195

TOTAL EXPENSES $1,143,099

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,187,394	$1,001,555	+0.2%
Expenses	$1,143,099	$1,072,263	+0.1%
Net Income	$44,295	$-70,708	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$136,688

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASMONN COLEMAN	PRESIDENT/TR	1.00	Officer Director	$0	$0	$0
DAVID HARRIS	VP/SECRETARY	1.00	Officer Director	$0	$0	$0
ANNA GALUSHA AQUINO	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES AQUINO	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS BOWERS	DIRECTOR	1.00	Director	$0	$0	$0
DANNY CORKER	DIRECTOR	1.00	Director	$0	$0	$0
MAYNARD GRIZZARD	DIRECTOR	1.00	Director	$0	$0	$0
JOHN HAMM	DIRECTOR	1.00	Director	$0	$0	$0
DAN NICCOLUCCI	DIRECTOR	1.00	Director	$0	$0	$0
LYNN ELLEN QUEEN	DIRECTOR	1.00	Director	$0	$0	$0
ALLY RUSSELL	DIRECTOR	1.00	Director	$0	$0	$0
TONY RYLAND	DIRECTOR	1.00	Director	$0	$0	$0
CYNDY WELDON-LASSITER ED D	EXECUTIVE DI	40.00	Officer	$136,688	$0	$136,688

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,187,394	$1,143,099	$511,553	$44,295
2024	$1,001,555	$1,072,263	$585,453	$-70,708
2023	$895,276	$1,036,802	$759,067	$-141,526
2022	$1,163,514	$923,623	$659,592	$239,891
2021	$942,077	$699,150	$507,343	$242,927
2020	$720,159	$725,617	$199,447	$-5,458
2019	$964,574	$958,027	$211,318	$6,547
2018	$1,069,899	$990,183	$187,487	$79,716

CHALLENGE DISCOVERY PROJECTS INC