Queen City Wheels Inc is located in Cincinnati, OH. The organization was established in 2011. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Queen City Wheels Inc 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 12/2021, Queen City Wheels Inc generated $67.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $52.0k during the year ending 12/2021. While expenses have increased by 4.2% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE QCW'S MISSION IS TO PROMOTE THE SPORT OF BICYCLE RACING IN GREATER CINCINNATI, OH, TO DEVELOP, TRAIN, COACH AND SELECT AMATEUR CYCLISTS TO COMPETE IN SUCH EVENTS SPONSORED AND/OR SANCTIONED BY USA CYCLING, AND TO PROMOTE THE SPORT OF CYCLING PRIMARILY FOR EDUCATIONAL PURPOSES. QUEEN CITY WHEELS ACHIEVES THIS MISSION BY SPONSORING A RACE TEAM, ORGANIZING AND PROMOTING RACE EVENTS, AND SUPPORTING MEMBERS WHO RACE FOR QUEEN CITY WHEELS RACE TEAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Gilmore Treasurer | 1 | $0 | |
James Naber Director | 0.5 | $0 | |
Andy Jones Director | 0.5 | $0 | |
Robert Westendorf President | 1 | $0 | |
John Dallman Secretary | 0.5 | $0 | |
Mark Illingworth Vice Preside | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $13,127 |
Total Program Service Revenue | $53,000 |
Membership dues | $0 |
Investment income | $13 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $67,906 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $4,272 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,840 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $43,891 |
Total expenses | $52,003 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $59,522 |
Other assets | $0 |
Total assets | $59,522 |
Total liabilities | $0 |
Net assets or fund balances | $59,522 |
Over the last fiscal year, we have identified 1 grants that Queen City Wheels Inc has recieved totaling $19.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
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