Public Charity

K2 Challenge

K2 Challenge is a Public Charity headquartered in Raleigh, NC. Financial data from the 2026 filing: $288K revenue, $277K expenses, $150K total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $742K.

EIN: 260718397 Raleigh, NC Fund Raising & Fund Distribution NTEE: T12 Latest filing: 2026
Total Revenue$288K
Total Expenses$277K
Total Assets$150K
Grants Given6
Grant Total$742K
Filing Years2022–2026

Mission

The annual Krispy Kreme Challenge charity race was held on February 3 2024 with all proceeds donated to the UNC Childrens Hospital Childrens Promise Fund.

Where $100 goes at K2 Challenge

How K2 Challenge divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$80 Programs the work itself
$20 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $80 for programs

$80
Users register to participate in our race
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2026. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

Chapel Hill, NC · 2025
Enhance the care of UNC hospital and make difference in lives of children.
$160,000
Chapel Hill, NC · 2024
Enhance the care of UNC hospital and make difference in lives of children
$150,000
Chapel Hill, NC · 2023
Enhance the care of UNC hospital and make difference in lives of children
$120,000
Chapel Hill, NC · 2022
Enhance care of hospital
$92,000
Chapel Hill, NC · 2021
Enhance care of hospital
$43,000

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

Information Technology Head Ashika Kamjula
Fundraising Pre-Race Head Carlos Garciahernandez
Director - IT Finance Lakshya Mahajan
Public Relations Head Lindsay Salladino
Sponsorships Head Lottie Parker
Director - PR Logistics Sponsors Parker Jones

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$742,000 6 grants

Financial Trends

Year Revenue Expenses Assets
2026 $288K $277K $150K
2025 $265K $250K $139K
2024 $214K $216K $124K
2023 $199K $172K $126K
2022 $130K $79K $100K

Between 2022 and 2026, reported annual revenue grew from $130K to $288K (+122%), with total assets most recently reported at $150K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NC.

NC

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for K2 Challenge

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