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Nonprofit · EIN 27-3113955

TEAM AFRICA RISING INC

Tax-exempt · ASPEN, CO 81611

Financials

$137K$284K2023$371K$325K2024$370K$334K2025
Revenue Expenses · by fiscal year end
Financials of TEAM AFRICA RISING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$370,309$333,579$36,730$296,435$4,896$291,539
December 31, 2024990$370,590$324,707$45,883$257,990$3,181$254,809
December 31, 2023990$137,250$283,809-$146,559$213,089$0$213,089
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$370,279
Program service revenue
$0
Investment income
$30
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$52,475
Salaries, compensation and benefits (total)
$52,475
Professional fundraising fees
$0
Accounting fees
$2,275
Travel
$5,248
Program services (functional)
$169,315
Management and general (functional)
$117,701
Fundraising (functional)
$46,563

Balance sheet and other

Total assets, start of year
$257,990
Total assets, end of year
$296,435
Total liabilities, end of year
$4,896
Net assets, end of year
$291,539
Net assets without donor restrictions
$104,841
Net assets with donor restrictions
$186,698
Gross unrelated business income
$30
Gross receipts
$370,309
Employees
1
Year formed
2010
State of legal domicile
NV

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
THOMAS FRISCHNECHTDIRECTOR
Trustee or director
2$0
SHAUL HATZIRDIRECTOR
Trustee or director
1$0
STEVEN PHILLIPSDIRECTOR
Trustee or director
1$0
LAWRENCE SWANTNERDIRECTOR
Trustee or director
1$0
KIM RAYMONDSECRETARY TREASURER
Officer
5$0
OWEN LEIMBACHDIRECTOR
Officer
1$0
GREG MILLSPRESIDENT
Officer
2$0
KIMBERLY COATSCEO
Key employee
35$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
THOMAS FRISCHNECHTDIRECTOR
Trustee or director
2$0
SHAUL HATZIRDIRECTOR
Trustee or director
1$0
STEVEN PHILLIPSDIRECTOR
Trustee or director
1$0
LAWRENCE SWANTNERDIRECTOR
Trustee or director
1$0
KIM RAYMONDSECRETARY TREASURER
Officer
5$0
OWEN LEIMBACHDIRECTOR
Officer
1$0
GREG MILLSPRESIDENT
Officer
2$0
KIMBERLY COATSCEO
Key employee
35$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
KIMBERLY COATSCEO
Key employee
35$59,400
SHAUL HATZIRDIRECTOR
Trustee or director
1$0
STEVEN PHILLIPSDIRECTOR
Trustee or director
1$0
LAWRENCE SWANTNERDIRECTOR
Trustee or director
1$0
THOMAS FRISCHNECHTDIRECTOR
Trustee or director
2$0
KIM RAYMONDSECRETARY TREASURER
Officer
5$0
OWEN LEIMBACHDIRECTOR
Officer
1$0
GREG MILLSPRESIDENT
Officer
2$0

Address and contacts

Address (IRS master file)
CO KIM RAYMOND 408 E COOPER AVE STE, ASPEN, CO 81611-0000
In care of
% KIMBERLY RAYMOND
Mailing address (990-N for 2010)
10741 Moon Flower Arbor Place, Las Vegas NV 89144
Principal officer (990-N for 2010)
Kimberly Raymond, 1280 Ute Ave, Suite 5, Aspen CO 81611
Signed the 990
KIMBERLY RAYMOND, SECRETARY
Phone
(970) 379-8938
Return prepared by
G T Stephens CPA PC

Mission

EDUCATION AND TRAINING OF ADULTS IN CYCLING TO HELP THEM COMPETE IN NATIONAL AND INTERNATIONAL COMPETITIONS, INCLUDING BUT NOT LIMITED TO THE OLYMPICS, WHILE INSTRUCTING YOUTH IN AMATEUR CYCLING FUNDAMENTALS THROUGHOUT AFRICA.

990 for the year ended December 31, 2025

Program accomplishments

  • TEAM AFRICA RISING (TAR) CONTINUES ITS EDUCATION AND TRAINING OF ADULTS IN CYCLING TO HELP THEM COMPETE IN NATIONAL AND INTERNATIONAL COMPETITIONS, INCLUDING BUT NOT LIMITED TO THE OLYMPICS, WHILE INSTRUCTING YOUTH IN AMATEUR CYCLING FUNDAMENTALS THROUGHOUT AFRICA. TAR SUCCESSFULLY DEVELOPED THE BENIN CYCLING FEDERATION INFRASTRUCTURE TO HOST RACES, DEVELOP ATHLETES, AND BE ONE OF THE PREMIER VIRTUAL PERFORMANCE CENTERS ON THE CONTINENT. BENIN CYCLING MOVED INTO 8TH PLACE ON THE AFRICA TOUR RANKINGS AND CONTINUES TO HOST ITS MENS TOUR DU BENIN AND MENS AND WOMENS GP COTONOU. TAR LAUCHED THE VIRTUAL PERFORMANCE CENTER (VPC) NETWORK IN 2025 PLACING ZWIFT SMART TRAINERS INTO 8 COUNTRIES, WITH ANOTHER 5 SLATED FOR 2026. THE VPC NETWORK WILL ALLOW CLUBS AND FEDERATIONS TO IDENTIFY AND DEVELOP JUNIOR BOYS AND GIRLS AND PREPARE THEM FOR LOCAL, NATIONAL AND INTERNATIONAL RACING.
    Expenses $169,315 · revenue $316,526

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-3113955
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$296,435
Income (IRS master file)
$370,309

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$370,309$333,579$296,435XML
990December 2024$370,590$324,707$257,990XML
990December 2023$137,250$283,809$213,089XML
990December 2022$314,487$286,553$359,648IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2010
Officer: Kimberly Raymond
December 31, 2010≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3113955).

Questions about TEAM AFRICA RISING INC

What is the EIN of TEAM AFRICA RISING INC?
The employer identification number (EIN) of TEAM AFRICA RISING INC is 27-3113955.
Is TEAM AFRICA RISING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to TEAM AFRICA RISING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEAM AFRICA RISING INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TEAM AFRICA RISING INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TEAM AFRICA RISING INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of TEAM AFRICA RISING INC?
The 990-N for 2010 names Kimberly Raymond.
Who are the officers and directors of TEAM AFRICA RISING INC?
The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does TEAM AFRICA RISING INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $370,309, expenses of $333,579 and total assets of $296,435 at year end.

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