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Nonprofiteer
← CHALLENGED ATHLETES INC

Form 990 for tax year 2025

Filed by CHALLENGED ATHLETES INC.

Totals

Total revenue
$12,831,092
Total expenses
$13,794,130
Contributions and grants received
$14,520,086
Grants paid
$5,588,473
Program service revenue
$414,451
Investment income
$126,812
Other revenue
-$2,230,257
Total assets, end of year
$38,727,026
Total liabilities, end of year
$6,181,809
Net assets or fund balances, end of year
$32,545,217
Program services expenses (Part IX)
$11,218,796
Management and general expenses
$532,389
Fundraising expenses
$2,042,945
Program service expenses (Part III)
$11,218,796

Program services were 81.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $4,972,375

  • 1e · Government grants (contributions)

    $447,572

  • 1f · All other contributions, gifts and grants

    $9,100,139

  • 1g · Noncash contributions included above

    $1,389,915

  • 2a · Program service revenue: ENTRY FEES

    total $414,451 · related or exempt $414,451

  • 3 · Investment income

    total $126,812 · excluded $126,812

  • 8a · Fundraising events: gross income

    $768,960

  • 8a · Fundraising events: contributions included on line 1c

    $4,972,375

  • 8b · Fundraising events: direct expenses

    $3,013,690

  • 8c · Net income from fundraising events

    total -$2,244,730 · excluded -$2,244,730

  • 9a · Gaming: gross income

    $740

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $740 · excluded $740

  • 10a · Gross sales of inventory

    $13,733

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $13,733 · excluded $13,733

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $5,404,658 · program services $5,404,658

  • 3 · Grants to foreign organizations and individuals

    total $183,815 · program services $183,815

  • 5 · Compensation of officers, directors and key employees

    total $444,466 · program services $144,907 · management and general $204,551 · fundraising $95,008

  • 7 · Other salaries and wages

    total $3,392,095 · program services $1,975,371 · management and general $183,877 · fundraising $1,232,847

  • 8 · Pension plan contributions

    total $91,689 · program services $50,096 · management and general $9,413 · fundraising $32,180

  • 9 · Other employee benefits

    total $279,687 · program services $152,362 · management and general $28,816 · fundraising $98,509

  • 10 · Payroll taxes

    total $299,262 · program services $161,920 · management and general $31,083 · fundraising $106,259

  • 11g · Fees: other

    total $141,330 · program services $106,215 · management and general $8,720 · fundraising $26,395

  • 12 · Advertising and promotion

    total $376,343 · program services $296,899 · fundraising $79,444

  • 16 · Occupancy

    total $266,559 · program services $162,601 · management and general $13,328 · fundraising $90,630

  • 17 · Travel

    total $153,039 · program services $129,259 · management and general $383 · fundraising $23,397

  • 24a · Other expenses: SAN DIEGO TRI CHALLENGE

    total $803,412 · program services $803,412 · management and general $0 · fundraising $0

  • 24b · Other expenses: PROGRAM OPERATIONS

    total $777,768 · program services $773,769 · management and general $0 · fundraising $3,999

  • 24c · Other expenses: OTHER ADMINISTRATION

    total $697,711 · program services $534,916 · management and general $16,487 · fundraising $146,308

  • 24d · Other expenses: INKIND DONATIONS

    total $451,554 · program services $338,596 · management and general $35,731 · fundraising $77,227

  • 24e · All other expenses

    total $30,742 · fundraising $30,742

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $243,847 · end of year $170,954

  • 2 · Savings and temporary cash investments

    beginning of year $4,188,504 · end of year $4,370,255

  • 3 · Pledges and grants receivable

    beginning of year $22,870 · end of year $177,545

  • 4 · Accounts receivable

    beginning of year $18,763 · end of year $173,298

  • 9 · Prepaid expenses and deferred charges

    beginning of year $312,745 · end of year $391,001

  • 10a · Land, buildings and equipment: cost or other basis

    $589,808

  • 10b · Land, buildings and equipment: accumulated depreciation

    $458,074

  • 10c · Land, buildings and equipment, net

    beginning of year $153,861 · end of year $131,734

  • 12 · Investments: other securities

    beginning of year $29,539,738 · end of year $32,246,746

  • 15 · Other assets

    beginning of year $128,484 · end of year $1,065,493

  • 17 · Accounts payable and accrued expenses

    beginning of year $444,301 · end of year $551,132

  • 18 · Grants payable

    beginning of year $3,044,666 · end of year $3,254,852

  • 19 · Deferred revenue

    beginning of year $1,166,924 · end of year $1,310,332

  • 25 · Other liabilities

    beginning of year $128,484 · end of year $1,065,493

  • 27 · Net assets without donor restrictions

    beginning of year $4,451,009 · end of year $4,802,189

  • 28 · Net assets with donor restrictions

    beginning of year $25,373,428 · end of year $27,743,028

Mission and programs · 2025

Mission

IT IS THE MISSION OF THE CHALLENGED ATHLETES FOUNDATION TO PROVIDE OPPORTUNITIES AND SUPPORT TO PEOPLE WITH PHYSICAL DISABILITIES SO THEY CAN PURSUE ACTIVE LIFESTYLES THROUGH PHYSICAL FITNESS AND COMPETITIVE ATHLETICS.THE CHALLENGED ATHLETES FOUNDATION BELIEVES THAT INVOLVEMENT IN SPORTS AT ANY LEVEL INCREASES SELF-ESTEEM, ENCOURAGES INDEPENDENCE AND ENHANCES QUALITY OF LIFE.

Activities or mission (Part I)

PROVIDE OPPORTUNITIES & SUPPORT TO PEOPLE WITH PHYSICAL DISABILITIES TO PURSUE ACTIVE LIFESTYLES.

  • 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 DISABLED PEOPLE AGED 3 - 90 YEARS OLD TO ENABLE THEM ENHANCE THEIR LIVES 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 60,000 ATHLETES AROUND THE WORLD.

    Expenses $5,051,604 · Grants $3,356,135

  • SAN DIEGO TRIATHLON CHALLENGE (SDTC) & TOUR DE COVE A CELEBRATION OF LIFE AND SPORT THAT ENCOMPASSES NOT ONLY THE COMMUNITY OF SAN DIEGO, BUT ALL CONSTITUENTS OF THE CAF FAMILY. THIS FOUR DAY EVENT ENGAGED OVER 200 CHALLENGED ATHLETES AND 1000 FUNDRAISERS AT OUR COMMUNITY CHALLENGE WEEKEND. HIGHLIGHTS INCLUDED: (1) KIDS FUN ROLL & RUN, SAN DIEGO TRIATHLON CHALLENGE, 5K AND TOUR DE COVE STATIONARY CYCLING EVENTS (2) CELEBRATION OF ABILITIES PROGRAM SHOWCASING ALL THE AMAZING EVENTS AND PARTICIPANTS (3) VIRTUAL GROUP RIDES, RUNS & WALKS, (4) GRANT PRESENTATIONS (5) ONLINE SOCIAL MEDIA ENGAGEMENT.

    Expenses $1,943,227 · Grants $28,741 · Revenue $414,451

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $1,772,870 · Grants $355,220

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $2,451,095 · Grants $1,848,377

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Jeffrey Essakow

    PRESIDENT & FOUNDER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Virginia Tinley

    CHIEF LEGACY OFFICER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Bob Babbitt

    VICE PRESIDENT & FOUNDER

    Total calculated
    $84,816
    From this org
    $62,443
    From related orgs
    $0
    Other
    $22,373
    Hours/week
    1
  • Dean Roeper

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Rick Kozlowski

    FOUNDER

    Total calculated
    $0
    Hours/week
    1
  • Danny Gabriel

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Pizzi

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Alan Shanken

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jeff Jacobs

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Roger Quarles

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lotte Toftdahl

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • David Jochim

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Scott Stackman

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Nicole Ludwig

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • David Samson

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tabi King

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Swan Paik

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kristine Entwistle

    CHIEF EXECUTIVE DIRECTOR

    Total calculated
    $194,055
    From this org
    $186,929
    From related orgs
    $0
    Other
    $7,126
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $184,151
    Bonus
    $2,778
    Other
    $0
    Deferred
    $5,552
    Nontaxable benefits
    $1,574
    Filer's total
    $194,055
  • Lorraine Hall

    CHIEF ACCOUNTING OFFICER

    Total calculated
    $161,756
    From this org
    $142,201
    From related orgs
    $0
    Other
    $19,555
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $139,423
    Bonus
    $2,778
    Other
    $0
    Deferred
    $4,393
    Nontaxable benefits
    $15,162
    Filer's total
    $161,756
  • Jeff Holbrook Termed 1225

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $228,526
    From this org
    $210,534
    From related orgs
    $0
    Other
    $17,992
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $166,156
    Bonus
    $2,778
    Other
    $41,600
    Deferred
    $1,900
    Nontaxable benefits
    $16,092
    Filer's total
    $228,526
  • Lauren Friedman Termed 0526

    CHIEF PEOPLE OFFICER

    Total calculated
    $181,608
    From this org
    $154,301
    From related orgs
    $0
    Other
    $27,307
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $151,523
    Bonus
    $2,778
    Other
    $0
    Deferred
    $4,686
    Nontaxable benefits
    $22,621
    Filer's total
    $181,608
  • Patrick Lawrence

    CHIEF PROGRAMS OFFICER

    Total calculated
    $139,484
    From this org
    $134,176
    From related orgs
    $0
    Other
    $5,308
    Hours/week
    45
  • Danielle Simmons

    CHIEF OF MARKETING

    Total calculated
    $148,331
    From this org
    $143,383
    From related orgs
    $0
    Other
    $4,948
    Hours/week
    45
  • Adam Klipper

    SR DIRECTORY NE REGION

    Total calculated
    $157,094
    From this org
    $156,313
    From related orgs
    $0
    Other
    $781
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $156,313
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $781
    Filer's total
    $157,094

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
JEFF HOLBROOK RECEIVED A $41,600 SEVERANCE PAYMENT FROM THE ORGANIZATION.
PART I, LINE 7
ANNUAL PERFORMANCE REVIEWS ARE DONE EACH YEAR. THE BOARD CAN APPROVE A BONUS POOL FOR THE YEAR AND THE MERIT SCORES FROM THE PERFORMANCE REVIEWS ARE USED TO DETERMINE EACH EMPLOYEE'S BONUS AMOUNT. BONUSES ARE NOT GUARANTEED AND DO NOT OCCUR EVERY YEAR.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
25 August 2026
IRS schema version
2025v4.2
Source object
202602389349300840

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