Southern Off-Road Bicycle Association is located in Cary, NC. The organization was established in 2001. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Southern Off-Road Bicycle Association 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 12/2023, Southern Off-Road Bicycle Association generated $73.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $23.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTION OF RESPONSIBLE RIDING, ESTABLISHMENT AND MAINTENANCE OF MOUNTAIN BIKING TRAILS, AND PRESERVATION OF NATURAL RESOURCES IN THE TRIANGLE AREA OF NORTH CAROLINA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Brothers President | 5 | $0 | |
Matthew Gronke Treasurer | 3 | $0 | |
Ernie Williams Trails Chair | 1 | $0 | |
David Househeeper Trails Chair | 1 | $0 | |
Dave Anderson Director | 1 | $0 | |
James Brown Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $73,853 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $73,853 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,350 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,814 |
Total expenses | $23,164 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $228,308 |
Other assets | $0 |
Total assets | $228,308 |
Total liabilities | $0 |
Net assets or fund balances | $228,308 |