Athletes Helping Athletes Foundation

EIN: 330906265 501(c)(3) Recreation & Sports

San Diego, CA

Total Revenue
$176,604
Total Expenses
$157,179
Total Assets
$118,308
Net Assets
$113,606
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CA
Principal Officer
Michael Gotfredson
Phone
8589744454
Tax Period
2024-01-01 to 2024-12-31

Athletes Helping Athletes Foundation, founded in 2000, is a small nonprofit in the Recreation & Sports sector that reported $177K in total revenue in fiscal year 2024. Revenue surged 148% from the prior year, signaling strong growth momentum. Expenses of $157K left a modest 11% surplus.

Mission

Athletes Helping Athletes (AHA) provides adaptive bikes to children with permanent physical disabilities who are 18 years and younger that can self-propel without assistance.For the last several years AHA has specialized in covering either:1) 100% of the cost of handcycles for youths under the age of 18 whose families would not be able to afford those handcycles without the assistance of AHA; and,2) to the extent possible, splitting the cost with other qualified charitable organizations for some of the handcycles, thereby increasing AHA's reach (AHA can obtain handcycles from manufacturers sometimes at an approximate 30% discount to cost and then typically funds approximately one-half the remaining cost after contributions made by other qualifying charitable organizations, thereby increasing AHA's reach to additional children).

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $175,815
Program Service Revenue $0
Investment Income $789
Other Revenue $0
TOTAL REVENUE $176,604

Expense Breakdown

Grants Paid $136,532
Salaries & Benefits $0
Fundraising Expenses $221
Program Expenses $156,142
Other Expenses $20,647
TOTAL EXPENSES $157,179

Year-over-Year Comparison

2024 2023 Change
Revenue $176,604 $71,222 +1.5%
Expenses $157,179 $275,926 -0.4%
Net Income $19,425 $-204,704 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
700

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$267,067
Total Directors
2
$267,067
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Gotfredson President 0.00
Officer Director
$0 $0 $267,067
Fiona Gotfredson Secretary 0.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $176,604 $157,179 $118,308 $19,425
2023 $71,222 $275,926 $97,080 $-204,704
2022 $66,814 $150,062 $303,756 $-83,248
2021 $70,866 $92,816 $387,948 $-21,950
2020 $65,353 $155,536 $409,039 $-90,183
2019 $200,887 $147,728 $496,423 $53,159
2018 $58,282 $100,223 $441,107 $-41,941
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