Summit Bike Club
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Park City, UT
- Founding
- 05/2013
- Data as of
- 12/2020
- EIN
- 45-4220051
Organization Overview
Summit Bike Club is located in Park City, UT. The organization was established in 2013. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. Summit Bike Club 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 12/2020, Summit Bike Club generated $15.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (34.8%) each year. All expenses for the organization totaled $7.9k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (41.4%) per year over the past 5 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND EDUCATE MEMBERS OF ALL AGES ON SAFETY AND RULES OF RIDING ON MOUNTAIN TRAILS. ALSO TO CREATE A HEALTHY LIFESTYLE THROUGH ACTIVITY AND COMPETITION WHILE MOUNTAIN BIKING.
Describe the Organization's Program Activity:
Part 3
SEE BELOW
TO PROMOTE AND EDUCATE MEMBERS ON SAFETY AND RULES OF RIDING MOUNTAIN TRAILS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jake Dudek Director | Trustee | $0 | |
Jen Hanks Director | Trustee | $0 | |
Andrew H Jordan Vice Preside | Trustee | $0 | |
Michael Shane Turner Treasurer | Trustee | $0 | |
Michael John E Turner President | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,043 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $4,550 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,886 |
| 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 | $930 |
| Occupancy, rent, utilities, and maintenance | $690 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,266 |
| Total expenses | $7,886 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |