Overview
What is Athletes Helping Athletes Foundation?
Athletes Helping Athletes Foundation, based in San Diego, California, is a nonprofit organization with a compassionate mission. They specialize in providing adaptive hand cycles to children with permanent physical disabilities, aged 18 or younger. These handcycles enable these young individuals to engage in physical activities and participate in appropriate sporting events. For several years, the foundation has been covering the full cost of these handcycles for families who cannot afford them, and in some cases, they collaborate with other charitable organizations to share costs, thereby extending their reach to more children. Their goal is to empower these children, enabling them to lead active and engaging lives despite their physical challenges.
Official website here: www.athleteshelpingathletes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating
The Athletes Helping Athletes Foundation has received a low rating of 56%, indicating significant concerns regarding its governance and financial practices. A key issue is the complete absence of independent board members, which raises questions about the organization's accountability and oversight. While the charity has reported no material diversion of assets, the lack of essential policies such as conflict of interest and whistleblower protections severely impacts its overall score.
Despite its governance challenges, the foundation exhibits a strong commitment to its programs, with an impressive program expense ratio of 99.50%. This suggests that almost all of its funding goes directly to its mission-related activities, which is a positive aspect for potential donors looking to support effective programming. However, the absence of transparency measures, such as posting tax forms on its website, poses limitations on trust and accountability.
In summary, while Athletes Helping Athletes Foundation shows strength in program expenses, its governance and financial management practices require significant improvement. The lack of independent oversight and necessary policies may deter supporters who prioritize transparency and accountability in their charitable giving.
This AI summary has been generated from information found on Charity Navigator.
Is Athletes Helping Athletes Foundation legitimate?
Athletes Helping Athletes Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Athletes Helping Athletes Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.athleteshelpingathletes.org
What is the mission statement of Athletes Helping Athletes Foundation?
The Athletes Helping Athletes Foundation's mission is centered around providing adaptive bikes to children with permanent physical disabilities who are under 18 years old. These bikes allow self-propulsion without assistance. For several years, the foundation has focused on two key areas. Firstly, they cover the full cost of handcycles for youngsters whose families cannot afford them without assistance. Secondly, when possible, they share the cost of handcycles with other charitable organizations, thereby expanding their reach and aiding more children. In some instances, they can obtain handcycles at a 30% discount from manufacturers and fund half of the remaining cost after contributions from other qualifying organizations, thereby extending their assistance to additional children.
Official website here: www.athleteshelpingathletes.org
What is the revenue of Athletes Helping Athletes Foundation?
Athletes Helping Athletes Foundation's revenue in 2023 was $71,222.
Official website here: www.athleteshelpingathletes.org
Who are the executives of Athletes Helping Athletes Foundation and what are their salaries?
There 700 volunteers at Athletes Helping Athletes Foundation.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $277,575
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.athleteshelpingathletes.org
Where can I find the form 990 for Athletes Helping Athletes Foundation?
Athletes Helping Athletes Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.athleteshelpingathletes.org
Learn more at the official website: www.athleteshelpingathletes.org
Mission Statement of Athletes Helping Athletes Foundation
Athletes Helping Athletes (AHA) is a nonprofit organization that focuses on assisting children with permanent physical disabilities who are under the age of 18. The foundation's mission is to provide adaptive bikes, specifically handcycles, that these children can operate independently without any assistance. For several years, AHA has been dedicated to supporting families who cannot afford these handcycles on their own. The organization has two primary methods of achieving this mission:
Firstly, AHA covers the full cost of handcycles for children and families that are financially unable to purchase them without assistance. This ensures that these children can still enjoy the freedom and mobility that an adaptive bike offers.
Secondly, AHA collaborates with other qualified charitable organizations to split the cost of some handcycles. By doing so, the foundation increases its reach and is able to help more children in need. Through these partnerships, AHA often obtains handcycles at a discounted price from manufacturers, and then contributes half of the remaining cost. This strategic approach allows AHA to extend its support to a wider range of children, making a significant difference in their lives.
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Impact
August, 2024
Athletes Helping Athletes Foundation's impact can be seen in the lives of children with permanent physical disabilities under the age of 18. By providing adaptive hand cycles, AHA enables these children to be physically active and participate in sporting events. The foundation's grants have made a significant difference, allowing these youths to experience the joys of physical activity and competition that may have been otherwise inaccessible to them.
This information is meant to be a general summary of Athletes Helping Athletes Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4,084
- Gross Receipts: $71,222
Assets and Liabilities:
- Total Assets: $303,756
- Total Liabilities: $4,871
- Net Assets: $298,885
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Organization Details
Founding Year
2000
Principal Officer
Michael Gotfredson
NTEE Category
Code: N12 - Recreation
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