Challenged Athletes Inc
- Assets
- $27.1m
- Revenue
- $15.1m
- Investments
- $24.7m
- Employees
- 30
- Location
- San Diego, CA
- Founding
- 02/1997
- Data as of
- 03/2022
- EIN
- 33-0739596
Organization Overview
Challenged Athletes Inc, operating under the name Challenged Athletes Foundation, is located in San Diego, CA. The organization was established in 1997. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 03/2022, Challenged Athletes Foundation employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Challenged Athletes Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Challenged Athletes Foundation generated $15.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $12.7m during the year ending 03/2022. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE OPPORTUNITIES & SUPPORT TO PEOPLE WITH PHYSICAL DISABILITIES TO PURSUE ACTIVE LIFESTYLES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACCESS FOR ATHLETES - THROUGH CAF'S GRANT DISTRIBUTION CYCLE EACH YEAR, WE ARE ABLE TO PROVIDE ADAPTIVE SPORTS EQUIPMENT, PROSTHETICS, TRAINING, COACHING, MENTORING AND COMPETITION GRANTS TO PHYSICALLY CHALLENGED PEOPLE AGED 4 - 85 YEARS OLD TO ENABLE THEM TO BECOME WHOLE THROUGH SPORTS. RESEARCH SHOWS THAT PARTICIPATION IN SPORTS OF ANY TYPE LEADS TO AN INCREASE IN INDEPENDENCE, SELF-ESTEEM AND SENSE OF WORTH AND ACCOMPLISHMENT. SINCE 1994, CAF HAS PROVIDED DIRECT FINANCIAL ASSISTANCE TO MORE THAN 40,000 ATHLETES AROUND THE WORLD.
SAN DIEGO TRIATHLON CHALLENGE (SDTC) & TOUR DE COVE - - SDTC RETURNED TO AN IN-PERSON EVENT IN 2021 AND RETAINED A VIRTUAL COMPONENT TO ALLOW ALL ATHLETES TO PARTICIPATE. WE ENGAGED OVER 200 CHALLENGED ATHLETES AND 1000 FUNDRAISERS AT OUR COMMUNITY CHALLENGE WEEKEND. HIGHLIGHTS INCLUDED: (1) VIRTUAL GROUP RIDES, RUNS & WALKS, (2) CELEBRATION OF ABILITIES PROGRAM SHOWCASING ALL THE AMAZING EVENTS AND PARTICIPANTS (3) KIDS FUN ROLL & RUN, SAN DIEGO TRIATHLON CHALLENGE, 5K, YOGA AND TOUR DE COVE CYCLING EVENTS (4) GRANT PRESENTATIONS (5) ONLINE SOCIAL MEDIA ENGAGEMENT
OPERATION REBOUND (OR): PROVIDES UNPARALLELED SPORTS OPPORTUNITIES AND SUPPORT TO OUR TROOPS AND VETERANS OF ANY BRANCH OF SERVICE AND FIRST RESPONDERS WHO HAVE SUFFERED PERMANENT PHYSICAL INJURIES IN THE LINE OF DUTY. SPECIFICALLY, OR SERVES INJURED MILITARY AND FIRST RESPONDERS THROUGH MILITARY MEDICAL CENTER PHYSICAL TRAINING PROGRAM THAT PROVIDES A STRUCTURED PHYSICAL TRAINING PROGRAM FOR ACTIVE DUTY SERVICE MEMBERS WHO ARE CONTINUING TREATMENTS AND RECOVERING FROM PERMANENT PHYSICAL INJURIES AT MILITARY MEDICAL CENTERS. OR HOSTS SPORTS CLINICS DESIGNED TO INTRODUCE BEGINNER ATHLETES TO VARIOUS SPORTS SUCH AS BICYCLING, HANDCYCLING, RUNNING, SWIMMING, BASKETBALL AND OTHER SPORTS. OR ALSO SUPPORTS ITS COMMUNITY THROUGH AN ONLINE FORUM WHERE PARTICIPANTS CAN STAY CONNECTED AND GROW WITH FELLOW WOUNDED SERVICE MEMBERS AND THEIR FAMILIES.
CATCH A RISING STAR (CRS): A FITNESS AND MENTORING PROGRAM THAT HELPS PHYSICALLY CHALLENGED PEOPLE WHO HAVE SUFFERED A TRAUMATIC INJURY OR BEEN BORN WITH A CONGENITAL DEFECT TO TAKE THE FIRST STEP TOWARDS A FULL, ACTIVE LIFESTYLE. IT IS A PROGRAM DESIGNED TO GIVE NEWLY INJURED OR NEW-TO-SPORTS PEOPLE THE CONFIDENCE AND SUPPORT THEY NEED TO BECOME ACTIVE AGAIN. CAF HOSTS A SERIES OF MULTI-SPORT CLINICS AND WORKSHOPS ACROSS THE COUNTRY TO INTRODUCE ATHLETES OF ALL AGES AND ABILITIES TO SPORTS LIKE RUNNING, SWIMMING, CYCLING, ROCK CLIMBING, WHEELCHAIR BASKETBALL, ARCHERY, STRENGTH CONDITIONING AND NUTRITION. THE FUN, INTERACTIVE, NON-THREATENING ENVIRONMENT ALLOWS ASPIRING CHALLENGED ATHLETES A CHANCE TO SET AND REACH SPORTS GOALS AND INTERACT WITH ROLE MODEL ATHLETES THAT HAVE SIMILAR PHYSICAL CHALLENGES.PROJECT N.E.X.T. (NEW EXPECTATIONS TODAY). THIS MENTORING PROGRAM CONNECTS A PHYSICALLY CHALLENGED MENTEE WITH A SIMILARLY CHALLENGED MENTOR WHO PROVIDE ONE-ON-ONE SUPPORT AS A ROLE MODEL AND ALLY AS THE MENTEE BEGINS TO ENGAGE IN PHYSICAL ACTIVITIES AND PARTICIPATE IN SPORTS. THE GOAL OF THE PROGRAM IS TO EDUCATE THE MENTEE ABOUT THE OPPORTUNITIES THAT ARE AVAILABLE AND TO CREATE A SUPPORTIVE AND PRODUCTIVE ENVIRONMENT TO HELP FOSTER THEIR RECOVERY.ONCE THE MENTEE IS READY FOR ACTIVITY, THE PROGRAM WILL PROVIDE THEM WITH THE SUPPORT AND EQUIPMENT THEY NEED TO ENGAGE IN AN ACTIVE LIFESTYLE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Tinley Executive Director | Officer | 45 | $180,729 |
Kristine Entwistle Chief Executive Director | Officer | 45 | $162,887 |
Laura Stein Director Of Marketing | 45 | $147,520 | |
Doug Olson Sr Director Of Ne Region | 45 | $144,996 | |
Nancy Reynolds Senior Director Of Events | 45 | $139,196 | |
JD Douglas CFO | Officer | 45 | $133,443 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,997,621 |
| Related organizations | $200,000 |
| Government grants | $1,466,799 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,251,793 |
| Noncash contributions included in lines 1a–1f | $2,034,744 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,916,213 |
| Total Program Service Revenue | $141,758 |
| Investment income | $14,646 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$964,039 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $27,958 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,136,536 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,781 |
| Grants and other assistance to domestic individuals. | $5,342,854 |
| Grants and other assistance to Foreign Orgs/Individuals | $299,419 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $544,366 |
| Compensation of current officers, directors, key employees. | $211,605 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,202,398 |
| Pension plan accruals and contributions | $74,081 |
| Other employee benefits | $175,839 |
| Payroll taxes | $208,210 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,877 |
| Fees for services: Accounting | $38,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $224,194 |
| Advertising and promotion | $516,971 |
| Office expenses | $137,391 |
| Information technology | $36,184 |
| Royalties | $0 |
| Occupancy | $244,819 |
| Travel | $236,700 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,971 |
| Insurance | $103,444 |
| All other expenses | $115,969 |
| Total functional expenses | $12,674,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $600,557 |
| Savings and temporary cash investments | $1,283,945 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $368,683 |
| Net Land, buildings, and equipment | $139,825 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $24,715,978 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,108,988 |
| Accounts payable and accrued expenses | $356,547 |
| Grants payable | $2,442,483 |
| Deferred revenue | $734,914 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,533,944 |
| Net assets without donor restrictions | $10,945,004 |
| Net assets with donor restrictions | $12,630,040 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $27,108,988 |
Grants Awarded
Over the last fiscal year, Challenged Athletes Inc has awarded $313,170 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
San Diego, CA PURPOSE: FUNDING OF ENDOWMENT | $163,170 |
San Diego, CA PURPOSE: FUNDING OF ENDOWMENT | $150,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Challenged Athletes Inc has recieved totaling $5,500.
| Awarding Organization | Amount |
|---|---|
Witman Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Martini Fam Foundation Tr New York, NY PURPOSE: FOR OPERATIONS | $500 |
Endowment Analysis
| Beg. Balance | $19,421,194 |
| Earnings | $997,358 |
| Net Contributions | $5,159,900 |
| Grants | $862,474 |
| Ending Balance | $24,715,978 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ability360 Inc Phoenix, AZ | $68,855,919 | $48,717,728 |
Easter Seals Blake Foundation Tucson, AZ | $8,663,056 | $37,896,300 |
Step Up On Second Street Inc Santa Monica, CA | $38,348,569 | $38,612,363 |
San Diego Center For Children San Diego, CA | $18,954,388 | $27,147,976 |
United Cerebral Palsy Of Southern Arizona Inc Tucson, AZ | $12,231,296 | $20,624,462 |
California Communications Access Foundation Oakland, CA | $50,718,300 | $18,764,665 |
Trybe Inc Oakland, CA | $6,930,985 | $20,805,295 |
Abilityfirst Pasadena, CA | $111,544,893 | $16,944,443 |
Advocates For Life Skills And Opportunity Inc Portland, OR | $15,204,732 | $15,008,329 |
Acociacion Nacional Pro Personas Mayores Pasadena, CA | $7,509,911 | $13,337,051 |
Challenged Athletes Inc San Diego, CA | $27,108,988 | $15,136,536 |
Starlight Childrens Foundation Culver City, CA | $15,437,142 | $12,239,496 |