Overview
What is Dare2Tri Paratriathlon Club?
The Dare2Tri Paratriathlon Club is a nonprofit organization situated in Chicago, Illinois. Its primary mission is to uplift the lives of individuals with physical disabilities and visual impairments. They achieve this goal by fostering confidence, community, health, and wellness through swimming, cycling, and running activities. The organization offers year-round programming, training, practices, clinics, and strength training sessions at various locations, both physically and virtually. They also provide full support for athletes to participate in local races. To cater to the needs of its members, Dare2Tri maintains a fleet of adaptive sports equipment for use during trainings, camps, and races. With a team of seven dedicated individuals, this club is committed to enhancing the lives of its members through paratriathlon activities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating
Dare2Tri Paratriathlon Club has received a Two-Star rating from Charity Navigator, indicating a score of 71%. This rating reflects their commitment to accountability and finance, showcasing strengths such as a fully independent board and transparent governance practices, including documented board meeting minutes and a conflict of interest policy.
The organization excels in its financial management, with a program expense ratio of 72.75%, signifying that a significant portion of its funds is directed towards its programs. Additionally, it maintains a low liabilities to assets ratio of 0.46%, suggesting a solid financial position without undue debt.
However, despite these strengths, the overall score indicates room for improvement in areas related to operational effectiveness and efficiency. The organization may need to address these components to enhance its overall rating and impact in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Dare2Tri Paratriathlon Club legitimate?
Dare2Tri Paratriathlon Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dare2Tri Paratriathlon Club 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: $208,574
Professional Fundraising Fees: $0
Other Salaries and Wages: $157,426
For more financial information, click here
What is the mission statement of Dare2Tri Paratriathlon Club?
The Dare2Tri Paratriathlon Club's mission is to significantly improve the lives of individuals with physical disabilities and visual impairments. They accomplish this by fostering confidence, creating a sense of community, and promoting health and wellness through swimming, cycling, and running activities. Their year-round programming, training sessions, clinics, and virtual support cater to various locations, providing athletes with the necessary tools and equipment for their races. The club also offers full support for athletes to participate in local competitions, ensuring their inclusion and active participation in the sporting community.
Who is the CEO of Dare2Tri Paratriathlon Club?
Ronald Weinert is the Board Chair of Dare2Tri Paratriathlon Club.
What is the revenue of Dare2Tri Paratriathlon Club?
Dare2Tri Paratriathlon Club's revenue in 2022 was $950,691.
Who are the executives of Dare2Tri Paratriathlon Club and what are their salaries?
The average compensation at Dare2Tri Paratriathlon Club during 2022 was $52,286. There are 7 employees and 300 volunteers at Dare2Tri Paratriathlon Club.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Dare2Tri Paratriathlon Club?
Dare2Tri Paratriathlon Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dare2Tri Paratriathlon Club
Dare2Tri Paratriathlon Club is dedicated to enhancing the lives of individuals with physical disabilities and visual impairments. Through their mission, they aim to build confidence, foster a sense of community, and promote health and wellness among these individuals. They achieve this by engaging in swimming, biking, and running activities. By providing year-round programming, training, practices, clinics, and full support for athletes, Dare2Tri Paratriathlon Club empowers its members to participate in local races. Furthermore, the organization maintains a fleet of adaptive sports equipment, which athletes can utilize during trainings, camps, and races. This comprehensive approach allows Dare2Tri Paratriathlon Club to contribute significantly to the overall well-being and self-assurance of individuals with physical disabilities and visual impairments.
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Impact
July, 2024
Dare2Tri Paratriathlon Club has a transformative impact on individuals with physical disabilities and visual impairments by fostering confidence, community, health, and wellness through the sports of swimming, biking, and running. Through year-round programming, training, practices, and clinics both in-person and virtually, the club empowers its members to push their boundaries and achieve their athletic potential. By providing full support for athletes to participate in local races and maintaining a fleet of adaptive sports equipment, Dare2Tri ensures that all individuals have the resources they need to thrive in the world of triathlon. Through these efforts, Dare2Tri Paratriathlon Club not only promotes physical fitness but also creates a supportive environment where individuals can come together, inspire each other, and overcome challenges as a unified community.
This information is meant to be a general summary of Dare2Tri Paratriathlon Club. 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 2022.
- Investment Income: $6,613
- Program Service Revenue: $29,590
- Gross Receipts: $1,022,311
Assets and Liabilities:
- Total Assets: $1,105,416
- Total Liabilities: $5,170
- Net Assets: $1,100,246
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REGISTRATION FEE
Revenue
$16,140
OTHER ORG SERVICES
Revenue
$13,450
Organization Details
Founding Year
2011
Principal Officer
Ronald Weinert
Main Address
516 N OGDEN AVE 172, CHICAGO, IL, 60035
NTEE Category
Code: N72 - Recreation
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