Civic Intelligence

Dare2Tri Paratriathlon Club

EIN 45-3933200 • 501(c)3 • Chicago, IL

Profile

To positively impact the lives of athletes with physical disabilities or visual impairments by providing opportunities to develop their skills in the sport of paratriathlon while inspiring the community at large.

516 N Ogden Ave 172Chicago, IL 60035

www.dare2tri.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

45th percentile

0.04x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

47th percentile

0.06x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

34th percentile

-1.8%

Higher net margin than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

62nd percentile

$88,206

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

39th percentile

0.0%

Faster asset growth than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-24%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,473,317

Up $86 (+0.0%) from 2023

Liabilities

Up

$63,456

Up $16,497 (+35%) from 2023

Net Assets

Down

$1,409,861

Down $16,411 (-1.2%) from 2023

Revenue

Down

$1,001,579

Down $314,429 (-24%) from 2023

Expenses

Up

$1,019,557

Up $29,575 (+3.0%) from 2023

Net Income

Down

-$17,978

Down $344,004 (-106%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2012: $58,329Liabilities 2012: $2,123Net Assets 2012: $56,2062012Assets 2013: $92,778Liabilities 2013: $1,000Net Assets 2013: $91,7782013Assets 2014: $393,451Liabilities 2014: $50,853Net Assets 2014: $342,5982014Assets 2015: $564,153Liabilities 2015: $34,840Net Assets 2015: $529,3132015Assets 2016: $862,167Liabilities 2016: $27,155Net Assets 2016: $835,0122016Assets 2017: $851,945Liabilities 2017: $3,176Net Assets 2017: $848,7692017Assets 2018: $727,335Liabilities 2018: $7,164Net Assets 2018: $720,1712018Assets 2019: $887,404Liabilities 2019: $35,891Net Assets 2019: $851,5132019Assets 2020: $1,076,155Liabilities 2020: $186,390Net Assets 2020: $889,7652020Assets 2021: $1,053,818Liabilities 2021: $67,758Net Assets 2021: $986,0602021Assets 2022: $1,105,416Liabilities 2022: $5,170Net Assets 2022: $1,100,2462022Assets 2023: $1,473,231Liabilities 2023: $46,959Net Assets 2023: $1,426,2722023Assets 2024: $1,473,317Liabilities 2024: $63,456Net Assets 2024: $1,409,8612024

Highlighted filing

2024

Assets$1,473,317
Liabilities$63,456
Net Assets$1,409,861

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2012: $98,141Expenses 2012: $41,935Net Income 2012: $56,2062012Revenue 2013: $141,061Expenses 2013: $104,549Net Income 2013: $36,5122013Revenue 2014: $677,810Expenses 2014: $417,652Net Income 2014: $260,1582014Revenue 2015: $856,401Expenses 2015: $669,686Net Income 2015: $186,7152015Revenue 2016: $920,146Expenses 2016: $627,205Net Income 2016: $292,9412016Revenue 2017: $564,014Expenses 2017: $550,257Net Income 2017: $13,7572017Revenue 2018: $488,810Expenses 2018: $617,408Net Income 2018: -$128,5982018Revenue 2019: $853,429Expenses 2019: $728,472Net Income 2019: $124,9572019Revenue 2020: $703,352Expenses 2020: $662,692Net Income 2020: $40,6602020Revenue 2021: $848,690Expenses 2021: $752,887Net Income 2021: $95,8032021Revenue 2022: $950,691Expenses 2022: $839,096Net Income 2022: $111,5952022Revenue 2023: $1,316,008Expenses 2023: $989,982Net Income 2023: $326,0262023Revenue 2024: $1,001,579Expenses 2024: $1,019,557Net Income 2024: -$17,9782024

Highlighted filing

2024

Revenue$1,001,579
Expenses$1,019,557
Net Income-$17,978

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.06$1.41$1.00$1.02$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.47$0.05$1.43$1.32$0.99$0.33
2022Detailed filing. Detailed filing data is available for this year.$1.11$0.01$1.10$0.95$0.84$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.07$0.99$0.85$0.75$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.08$0.19$0.89$0.70$0.66$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.89$0.04$0.85$0.85$0.73$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.73$0.01$0.72$0.49$0.62$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.56$0.55$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.03$0.84$0.92$0.63$0.29
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.03$0.53$0.86$0.67$0.19
2014Detailed filing. Detailed filing data is available for this year.$0.39$0.05$0.34$0.68$0.42$0.26
2013Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.14$0.10$0.04
2012Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.10$0.04$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 20, 2025
Return Version
2024v5.0
Gross Receipts
$1,118,277
Mission and Program Overview

Mission

To positively impact the lives of athletes with physical disabilities or visual impairments by providing opportunities to develop their skills in the sport of paratriathlon while inspiring the community at large.

To enhance the lives of individuals with physical disabilities and visual impairments by building confidence, community, health and wellness through swimming, biking and running.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,122,604$950,912▼ $171,692
Cash and Non-Interest-Bearing Accounts$68,694$239,654▲ $170,960
Land, Buildings, and Equipment, Net$98,012$162,460▲ $64,448
Prepaid Expenses and Deferred Charges$86,213$94,078▲ $7,865
Inventories for Sale or Use$10,969$16,745▲ $5,776
Pledges and Grants Receivable$85,602$8,328▼ $77,274
Savings and Temporary Cash Investments$1,137$1,140▲ $3
Total Assets$1,473,231$1,473,317▲ $86
Liabilities
Accounts Payable and Accrued Expenses$29,452$43,737▲ $14,285
Other Liabilities-$14,242-
Deferred Revenue$17,507$5,477▼ $12,030
Total Liabilities$46,959$63,456▲ $16,497
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,352,534$1,310,870▼ $41,664
Net Assets With Donor Restrictions$73,738$98,991▲ $25,253
Total Net Assets Fund Balance$1,426,272$1,409,861▼ $16,411
Total Liabilities and Net Assets / Fund Balance$1,473,231$1,473,317▲ $86

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$77,763$349,824$427,587
Other Land Buildings$84,697$57,440$142,137
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keri SerotaBoard MemberFT$87,958$248$88,206

Board Members and Trustees

NameTitle
Ronald WeinertBoard Chair
Scott EisenBoard Chair
Anna ClausenBoard Member
Annie KurdzielBoard Member
Aviad ArielBoard Member
Cristina LambertBoard Member
Julie WilenBoard Member
Katie LestanBoard Member
William WulkanFinance Chai
Samantha SchrothSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$939,190
Program Service Revenue
$17,024
Investment Income
$46,586
Other Revenue
$-1,221
All Other Contributions
$565,957
Change in Net Assets
$-17,978

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,001,579
Revenue Not Reported on Form 990
$300,240
Total Revenue per Audited Statements
$1,301,819
Total Revenue per Form 990
$1,001,579
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$543,395
Other Expenses$368,147
Grants and Similar Amounts Paid$108,015
Total Fundraising Expense$101,581
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$253,616$88,568$31,181$373,365
Grants to Domestic Individuals$108,015--$108,015
Current Officers, Directors, Trustees, and Key Employees$76,524$4,398$7,037$87,959
Office Expenses$33,064$2,623$31,538$67,225
Travel$58,123$406-$58,529
Depreciation Depletion$34,564$22,381-$56,945
Fees for Services Other$33,599$22,830-$56,429
Payroll Taxes$29,945$4,474$9,797$44,216
Other Employee Benefits$27,526$3,129$7,200$37,855
Occupancy$36,098$465-$36,563
Insurance$28,148$4,477$1,110$33,735
Information Technology$4,226$77$13,718$18,021
Other Expenses$181$83-$264
Total Functional Expenses$764,065$153,911$101,581$1,019,557

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,318,230
Expenses per Audited Statements$1,019,557
Total Expenses per Form 990$1,019,557
Expenses Not Reported on Form 990$298,673
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$106,990
Fundraising Direct Expenses$103,419
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Victory Lap$200,716$55,870$34,568$21,302
Race2raise$212,500$8,700$42,933$-34,233
Total Events$480,223$106,990$103,419$3,571
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Leases Payable$8,349
Installment Contract Payable$5,893
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 and all filings are reviewed by the organization's officers and the board of directors prior to filing.

Form 990, Page 6, Part VI, Line 15A

The compensation of the executive director is reviewed and approved by the board of directors and all requests for increases and or adjustments to pay are presented to the board of directors for consideration. Additional officers and or key employees' compensation is set by the board of directors. However, the executive director can exercise discretion over compensation increases of key employees. A final decision is made based on comparability data of similar organizations and after deliberation amongst the board.

Form 990, Page 6, Part VI, Line 15B

The compensation of the executive director is reviewed and approved by the board of directors and all requests for increases and or adjustments to pay are presented to the board of directors for consideration. Additional officers and or key employees' compensation is set by the board of directors. However, the executive director can exercise discretion over compensation increases of key employees. A final decision is made based on comparability data of similar organizations and after deliberation amongst the board.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Dare2tri Paratriathlon Club
EIN
45-3933200
Phone
8479426937
Address
516 N OGDEN AVE 172, CHICAGO, IL 60035

Signing Officer

Name
Scott Eisen
Title
Board Chair
Signed
2025-10-20

Organization Details

Principal Officer
Scott Eisen
Formed
2011
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
10
Employees
8
Volunteers
120

Preparer

Firm
Lauterbach & Amen Llp
Address
668 N RIVER RD, NAPERVILLE, IL 60563
Preparer
Ronald J Amen CPA
Phone
6304166900
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4B

The organization offers a variety of multi-day experiences for athletes of all ages and abilities including the following events: learn2tri camp is a three-day camp open to athletes ages 16 and up of all experience levels and takes place in wisconsin. The camp includes two full days of clinics in swimming, cycling/handcycling, running/pushing, transition, nutrition, equipment maintenance and much more, culminating with the tri it triathlon on the final day. Injured military training camp is open to any injured military or veteran with a physical disability, visual impairment, traumatic brain injury, or ptsd. Instruction and clinics are given in swimming, cycling, running/wheelchair pushing, and transition. The camp culminates with leons triathlon, a usat-sanctioned race where participants race alongside their able-bodied peers. Train2race camp is a three-day camp held in wisconsin which is geared towards experienced paratriathletes who want to take their racing skills to the next level. In addition to paratriathlon training, participants learn race preparation, strategy, and techniques. At the conclusion of camp, athletes participate in the pleasant prairie triathlon. Kids paratriathlon training camp is a two-day camp hosted annually in july in chicago, illinois open to youth ages 6 through 21 with a physical disability or visual impairment. Camp clinics include open water swimming, cycling, running/pushing, transition, nutrition and more.

Form 990, Page 2, Part III, Line 4D

Elite and development teams is comprised of athletes who are dedicated to reaching their full competitive potential on national and international stages. The dare2tri development and elite team are athletes who are identified as talented and emerging paratriathletes. The organization hosts an annual three-day elite team camp for members of these teams. On the road2ride brings free adaptive cycling events to local organizations, from hospitals to non-profits and beyond. The organization provides the equipment, guidance, and training for a group to learn and enjoy the pleasures of cycling. The program is designed for any youth or adult who wants to ride an adaptive bike for the first time, gain more riding experience, or learn about acquiring a cycle of their own. In 2024, the organization hosted 16 such events throughout the greater chicago area.

Form 990, Part XI, Line 9

Direct events expense 103,419 in-kind goods 1,747 merchandise cost 13,279 direct events expense -101,672 in-kind goods -8,672 merchandise cost -13,279 total -5,178

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Direct events expense 103,419 in-kind goods 1,747 merchandise cost 13,279

Schedule D, Page 4, Part XII, Line 2D

Direct events expense 101,672 in-kind goods 8,672 merchandise cost 13,279

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IRS990/MissionDesc0TO ENHANCE THE LIVES OF INDIVIDUALS WITH PHYSICAL DISABILITIES AND VISUAL IMPAIRMENTS BY BUILDING CONFIDENCE, COMMUNITY, HEALTH AND WELLNESS THROUGH SWIMMING, BIKING AND RUNNING.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION OFFERS A VARIETY OF MULTI-DAY EXPERIENCES FOR ATHLETES OF ALL AGES AND ABILITIES INCLUDING THE FOLLOWING EVENTS: LEARN2TRI CAMP IS A THREE-DAY CAMP OPEN TO ATHLETES AGES 16 AND UP OF ALL EXPERIENCE LEVELS AND TAKES PLACE IN WISCONSIN. THE CAMP INCLUDES TWO FULL DAYS OF CLINICS IN SWIMMING, CYCLING/HANDCYCLING, RUNNING/PUSHING, TRANSITION, NUTRITION, EQUIPMENT MAINTENANCE AND MUCH MORE, CULMINATING WITH THE TRI IT TRIATHLON ON THE FINAL DAY. INJURED MILITARY TRAINING CAMP IS OPEN TO ANY INJURED MILITARY OR VETERAN WITH A PHYSICAL DISABILITY, VISUAL IMPAIRMENT, TRAUMATIC BRAIN INJURY, OR PTSD. INSTRUCTION AND CLINICS ARE GIVEN IN SWIMMING, CYCLING, RUNNING/WHEELCHAIR PUSHING, AND TRANSITION. THE CAMP CULMINATES WITH LEONS TRIATHLON, A USAT-SANCTIONED RACE WHERE PARTICIPANTS RACE ALONGSIDE THEIR ABLE-BODIED PEERS. TRAIN2RACE CAMP IS A THREE-DAY CAMP HELD IN WISCONSIN WHICH IS GEARED TOWARDS EXPERIENCED PARATRIATHLETES WHO WANT TO TAKE THEIR RACING SKILLS TO THE NEXT LEVEL. IN ADDITION TO PARATRIATHLON TRAINING, PARTICIPANTS LEARN RACE PREPARATION, STRATEGY, AND TECHNIQUES. AT THE CONCLUSION OF CAMP, ATHLETES PARTICIPATE IN THE PLEASANT PRAIRIE TRIATHLON. KIDS PARATRIATHLON TRAINING CAMP IS A TWO-DAY CAMP HOSTED ANNUALLY IN JULY IN CHICAGO, ILLINOIS OPEN TO YOUTH AGES 6 THROUGH 21 WITH A PHYSICAL DISABILITY OR VISUAL IMPAIRMENT. CAMP CLINICS INCLUDE OPEN WATER SWIMMING, CYCLING, RUNNING/PUSHING, TRANSITION, NUTRITION AND MORE.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION OFFERS A GRANT ASSISTANCE FUND TO ALLOW ATHLETES TO INCREASE THEIR ABILITY TO ACHIEVE THEIR ATHLETIC GOALS BY ELIMINATING THE BARRIERS OF HIGH-PRICED EQUIPMENT, PROSTHETICS, TRAVEL, COACHING, AND RACE ENTRY FEES.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0ELITE AND DEVELOPMENT TEAMS IS COMPRISED OF ATHLETES WHO ARE DEDICATED TO REACHING THEIR FULL COMPETITIVE POTENTIAL ON NATIONAL AND INTERNATIONAL STAGES. THE DARE2TRI DEVELOPMENT AND ELITE TEAM ARE ATHLETES WHO ARE IDENTIFIED AS TALENTED AND EMERGING PARATRIATHLETES. THE ORGANIZATION HOSTS AN ANNUAL THREE-DAY ELITE TEAM CAMP FOR MEMBERS OF THESE TEAMS. ON THE ROAD2RIDE BRINGS FREE ADAPTIVE CYCLING EVENTS TO LOCAL ORGANIZATIONS, FROM HOSPITALS TO NON-PROFITS AND BEYOND. THE ORGANIZATION PROVIDES THE EQUIPMENT, GUIDANCE, AND TRAINING FOR A GROUP TO LEARN AND ENJOY THE PLEASURES OF CYCLING. THE PROGRAM IS DESIGNED FOR ANY YOUTH OR ADULT WHO WANTS TO RIDE AN ADAPTIVE BIKE FOR THE FIRST TIME, GAIN MORE RIDING EXPERIENCE, OR LEARN ABOUT ACQUIRING A CYCLE OF THEIR OWN. IN 2024, THE ORGANIZATION HOSTED 16 SUCH EVENTS THROUGHOUT THE GREATER CHICAGO AREA.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIRECT EVENTS EXPENSE 103,419 IN-KIND GOODS 1,747 MERCHANDISE COST 13,279
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT EVENTS EXPENSE 101,672 IN-KIND GOODS 8,672 MERCHANDISE COST 13,279
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
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