Small Public Charity

PRESIDENTIAL CHALLENGE CHARITABLE FOUNDATION INC

PRESIDENTIAL CHALLENGE CHARITABLE FOUNDATION INC is a nonprofit organization categorized as Small Public Charity based in STUART, FL. Its most recent IRS filing (2025) reports revenue of $66K, expenses of $63K, total assets of $27K. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $25K.

EIN: 261480056 STUART, FL Fund Raising & Fund Distribution NTEE: D12 Latest filing: 2025
Total Revenue$66K
Total Expenses$63K
Total Assets$27K
Grant Records3
Funding Total$25K
Filing Years2021–2025

Mission

THE PURPOSE OF THIS CORPORATION IS TO INVESTIGATE, RESEARCH AND EXPAND UPON THE PRESENT STATE OF KNOWLEDGE OF THE MARINE ENVIRONMENT. THIS WILL BE ACCOMPLISHED BY HOLDING BILLFISH TOURNAMENTS AND RAISING MONEY FOR OTHER 501(C)(3) ORGANIZATIONS.

Where $100 goes at Presidential Challenge Charitable Foundation Inc

How Presidential Challenge Charitable Foundation Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 8 years.

$16 Programs the work itself
$84 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $16 for programs

$8
Billfish tournaments were held in the caribbean and central and south america to raise conservation issues and raise money for research, etc
About 50% (cost not reported)
$8
Billfish tournaments were held in the caribbean and central and south america to raise conservation issues and raise money for research, etc
50% of program spending
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT Joan Vernon
DIRECTOR John Eisenhour

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$15,000 2 grants
Environment & Conservation
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $66K $63K $27K
2024 $93K $83K $27K
2023 $101K $86K $25K
2022 $57K $36K $26K
2021 $38K $39K $13K

Between 2021 and 2025, reported annual revenue grew from $38K to $66K (+76%), with total assets most recently reported at $27K.

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

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