Education
(B90)
IRS Verified
DX Registered
990 on File
CHALLENGER LEARNING CENTER OF NORTHWEST INDIANA INC
Financial strength (30%)
55/100
Reliability (20%)
55/100
Effectiveness (25%)
63/100
Impact (25%)
80/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Our mission is to create an exciting and immersive learning environment that promotes the continued exploration of the Earth and space sciences through innovative programs that challenge how teachers educate, students learn, and businesses operate. We seek to foster in the community a long-term interest in science, technology, engineering, and math, while providing quality educational programs for learners of all ages, abilities and backgrounds.
Financial Overview — FY 2024
$690K
Total Revenue
$410K
Total Expenses
$2.0M
Net Assets
11
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
46.6%
Fundraising Efficiency
330.8%
Operating Reserve
58.65x
Liability-to-Asset
8.7%
Revenue Diversification
59.8%
Executive Compensation
$75K
Compared with Peers
FY 2024
Compared with 15,968 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
46.6% | 89.3% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
40.4% | 8.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
13.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
330.8% | 2.5% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
58.7 mo | 9.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
8.7% | 0.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
59.8% | 89.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
44.4% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-0.6% | 9.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
40.6% | 2.8% |
P10P90
|
Impact
2 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| 325000 | 13,000 | $25.00 | — | Per Day |
| 225000 | 9,000 | $25.00 | — | Per Day |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $690K | $410K | $2.0M | 46.6% | 11 |
| 2023 | $477K | $412K | $1.6M | 47.7% | 10 |
| 2022 | $696K | $375K | N/A | — | 8 |
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