Cola Town Bicycle Co-Op Foundation
- Assets
- $173.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, SC
- Founding
- 07/2016
- Data as of
- 12/2023
- EIN
- 47-1691710
Organization Overview
Cola Town Bicycle Co-Op Foundation is located in Columbia, SC. The organization was established in 2016. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. Cola Town Bicycle Co-Op 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, Cola Town Bicycle Co-Op Foundation generated $72.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 28.9% each year . All expenses for the organization totaled $118.5k during the year ending 12/2023. While expenses have increased by 22.4% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
EDUCATE AND EMPOWER THE COMMUNITY ABOUT BICYCLE REPAIR, ENGAGE IN MAINTENANCE PRACTICES, AND PROMOTE SAFE OPERATION THROUGH COMMUNITY OUTREACH AND ADVOCACY ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Nuelken Executive Director | 40 | $0 | |
David King President | 2 | $0 | |
Karl Heinmiller Member At Large | 0.5 | $0 | |
Jacob Oblander Treasurer | 1 | $0 | |
Jackie Kawsky Vice President | 1 | $0 | |
Constantine Pournaras Member At Large | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,233 |
| 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 | $72,859 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $83,649 |
| Professional fees and other payments to independent contractors | $3,310 |
| Occupancy, rent, utilities, and maintenance | $7,113 |
| Printing, publications, postage, and shipping | $12 |
| Other expenses | $24,436 |
| Total expenses | $118,520 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,979 |
| Other assets | $0 |
| Total assets | $173,764 |
| Total liabilities | $98,853 |
| Net assets or fund balances | $74,911 |