Eight Scouts of Troop 514, "The Challenger Flag Troop", received their Eagle Scout Awards on May 27, 2007. It is rare for one troop to have so many Scouts reach this level at one time. The troop is sponsored by the Monument, CO Ward of The Church of Jesus Christ of Latter-day Saints.

The Eagle Scout Award is a performance-based achievement earned by only 5 percent of all Boy Scouts. To earn the Eagle Scout Award, a Boy Scout must fulfill a number of requirements in the areas of leadership, service, and outdoor skills. Of the more than 100 merit badges available, 21 must be earned to qualify for Eagle Scout.

In addition, the Scout must plan, develop, and give leadership to others in a service project helpful to a religious institution, a school, or their community. This group of Scouts and their volunteers performed over 800 hours of community service as part of the requirements for attaining their Eagle status. Some of the Eagle projects included beautifying the grounds of an elementary school in Oahu, Hawaii (before several of the young man relocated to Colorado), building wildlife boxes for the Ellicott Wildlife Rehab Center, building bird and bat boxes for the Colorado Division of Wildlife, cleaning and painting 175 fire hydrants in the Woodmoor area, trimming trees and shrubs along hiking paths in Castlewood Canyon State park, Franktown, CO, and painting gazebo's at Palmer Lake.

Troop 514 is known as the Challenger Flag Troop after a 1984 group of scouts from this troop submitted a request to have a flag sent up in the ill fated Challenger Space Shuttle. The story of this flag's miraculous survival and return to the troop has continued to inspire Scouts in this Troop to pursue the path to becoming an Eagle.

William Tolbert, the first man to serve as a Scoutmaster in this newly formed unit, bought the flag from the Valley Forge Flag Company and arranged for it to be flown briefly over the United States Capitol building in Washington, D.C. on January 25, 1985. The flag was submitted to the NASA Johnson Space Center by the 2nd Space Wing, then stationed at Schriever Air Force Base, CO for flight on a space shuttle. On January 28, 1986, the flag was carried in the official flight kit of the Challenger space shuttle on its last flight. the flag was sealed in plastic and was in the "official flight kit" next to some souvenir medallions being flown by one of the Astronauts. As the Challenger wreckage was brought up from the bottom of the Atlantic Ocean, rescuers found this flag, still in its sealed plastic bag, intact and completely unscathed. The souvenir medallions had melted into a single lump.