Connie Cycling Foundation
- Assets
- $18.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corona Del Mar, CA
- Founding
- 08/2012
- Data as of
- 12/2023
- EIN
- 45-4372870
Organization Overview
Connie Cycling Foundation is located in Corona Del Mar, CA. The organization was established in 2012. 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. Connie Cycling Foundation 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, Connie Cycling Foundation generated $51.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $53.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
TRAIN AND EDUCATE YOUTH IN THE SPORT OF CYCLING THROUGH TRAINING SESSIONS AND CLASSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie Paraskevin President & CEO | 40 | $23,000 | |
Michelle Dube Treasurer/secr | 1 | $0 | |
Robert Moore Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,756 |
| Total Program Service Revenue | $27,580 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,336 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,728 |
| Professional fees and other payments to independent contractors | $3,244 |
| Occupancy, rent, utilities, and maintenance | $3,200 |
| Printing, publications, postage, and shipping | $46 |
| Other expenses | $20,024 |
| Total expenses | $53,242 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,203 |
| Other assets | $0 |
| Total assets | $18,503 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,503 |