Athletes For Hope is located in Bethesda, MD. The organization was established in 2006. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2022, Athletes For Hope employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Athletes For Hope 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 12/2022, Athletes For Hope generated $1.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 0.4% per year over the past 5 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
AFH UNITES AND EMPOWERS THE ATHLETIC COMMUNITY TO MAKE A DIFFERENCE IN THEIR COMMUNITIES, THROUGH THEIR TIME, PASSION AND SUSTAINED EFFORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFH UNIVERSITY:AFH CREATED THE AFH UNIVERSITY PROGRAM IN 2013, BRINGING OUR UNIQUE CAUSEWAY EDUCATION AND EMPOWERMENTPROGRAM TO COLLEGES AND UNIVERSITIES ACROSS THE COUNTRY. THE AFH U PROGRAMS HELPS COLLEGE ATHLETES EXPLORE THEMES SUCH AS LEADERSHIP, LIFE SKILL DEVELOPMENT, THEIR ROLE IN THE COMMUNITY, AND HOW TO DISCOVER THEIR PHILANTROPIC PASSIONS THROUGH A SERIES OF FACILITATED WORKSHOPS. THE AFH STAFF THEN WORKS CLOSELY WITH EACH TEAM TO PROVIDE OPPORTUNITIES TO ENGAGE IN MEANINGFUL, IMPACTFUL COMMUNITY SERVICE WITH UNDERSERVED SCHOOLS AND COMMUNITY ORGANIZATIONS THAT ALIGN WITH THE TEAM'S PASSIONS.
AFH FIT:THIS PROGRAM WAS CREATED TO ADDRESS THE CRITICAL ISSUE OF CHILDHOOD OBESITY BY CONNECTING OUR POWERFUL NETWORK OF COLLEGE, PROFESSIONAL, OLYMPIC AND PARALYMPIC ATHLETES TO SCHOOLS, AFTER-SCHOOL PROGRAMS, AND RUNNING CLUBS TO EMPOWER THEM TO BECOME MORE PHYSICALLY ACTIVE. INSPIRED BY OUR ICONIC FOUNDER MUHAMMAD ALI, WE DESIGNED C.H.A.M.P.S LEADERSHIP CURRICULUM FOR ATHLETES, COACHES, AND TEACHERS INTERESTED IN SPORT-BASED CHARACTER DEVELOPMENT AND LEARNING. ROOTED IN RESEARCH AND 21ST CENTURY SKILL-BUILDING, OUR SIX CORE PILLARS ARE DESIGNED TO PROMOTE SOCIAL AND EMOTIONAL INTELLIGENCE WHILE INSPIRING YOUTH TO LEAD IN SPORT, IN THE CLASSROOM AND IN THEIR COMMUNITIES.
MENTAL HEALTH: GIVEN THE WELL-DOCUMENTED NEED FOR INCREASED MENTAL HEALTH RESOURCES AND ADVOCACY, AND THE GROWING DEMAND FROM ATHLETES WHO WANT TO ENGAGE IN THIS SPACE, AFH LAUNCHED THE WHOLE BEING ATHLETE PROGRAM (WBAP) IN 2021. WBAP EMPOWERS ATHLETES OF ALL LEVELS TO SHARE THEIR STORIES IN AN EFFORT TO RAISE AWARENESS, ACCESS AND ACCEPTANCE OF MENTAL HEALTH RESOURCES. THE CORE PILLARS OF THE PROGRAM FOCUS UPON HEALTH EDUCATION AND RESOURCES, STORYTELLING, CONVENING, AND ADVOCACY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Chairman | OfficerTrustee | 3 | $0 |
Name Not Listed Director/secretary | OfficerTrustee | 3 | $0 |
Name Not Listed Director | Trustee | 3 | $0 |
Name Not Listed Director | Trustee | 3 | $0 |
Name Not Listed Director | Trustee | 3 | $0 |
Name Not Listed Director | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $212,170 |
Related organizations | $0 |
Government grants | $253,333 |
All other contributions, gifts, grants, and similar amounts not included above | $1,005,985 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,471,488 |
Total Program Service Revenue | $0 |
Investment income | $9,969 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$6,348 |
Net Income from Fundraising Events | -$116,752 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,360,357 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $179,893 |
Compensation of current officers, directors, key employees. | $16,464 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $509,308 |
Pension plan accruals and contributions | $51,139 |
Other employee benefits | $68,519 |
Payroll taxes | $51,153 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $14,065 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $428 |
Fees for services: Other | $203,321 |
Advertising and promotion | $0 |
Office expenses | $10,953 |
Information technology | $12,532 |
Royalties | $0 |
Occupancy | $48,000 |
Travel | $19,385 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $100 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,209 |
All other expenses | -$1,718 |
Total functional expenses | $1,161,023 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $251,027 |
Savings and temporary cash investments | $194,807 |
Pledges and grants receivable | $102,142 |
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 | $709 |
Net Land, buildings, and equipment | $4,991 |
Investments—publicly traded securities | $758,933 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,312,609 |
Accounts payable and accrued expenses | $18,932 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $18,932 |
Net assets without donor restrictions | $1,293,677 |
Net assets with donor restrictions | $0 |
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 | $1,312,609 |