National Cycling Center Inc

Organization Overview

National Cycling Center Inc is located in Winstonsalem, NC. The organization was established in 2016. 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. National Cycling Center 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, National Cycling Center Inc generated $474.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $649.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE NATIONAL CYCLING CENTER, INC. SERVES AS A RESOURCE TO IDENTIFY AND NURTURE TALENT IN ATHLETES FROM ALL CYCLING DISCIPLINES. THE ORGANIZATION IS INVOLVED IN SUPPORTING AND FACILITATING CYCLING EVENTS, AND PROVIDES ATHLETE TRAINING AND COACHING FROM TOP EXPERTS. THE NATIONAL CYCLING CENTER ALSO PLANS TO PROVIDE FACILITIES TO AND FOR CYCLISTS TO TRAIN TOGETHER AS A TEAM, AND PROVIDE ACCESS TO SOME OF HEALTHCARE'S BEST AND BRIGHTEST MINDS IN SPORTS MEDICINE, PHYSICAL THERAPY AND ATHLETIC TRAINING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED TRAINING, TESTING AND SUPPORT FOR YOUNG ATHLETES OF ALL LEVELS OF THE SOCIO-ECONOMIC SPECTRUM REACH THEIR TRUE POTENTIAL. IN 2021, THE ORGANIZATION SPONSORED THE WINSTON SALEM CYCLING CLASSIC FOR BOTH MEN AND WOMEN IN MULTIPLE AGE GROUPS. IN ADDITION, THE ORGANIZATION WAS ABLE TO EXPAND THEIR WS BIKE SHARE PROGRAM TO PROVIDE ACCESS TO TRANSPORTATION THROUGHOUT WINSTON SALEM. SEVERAL NEW BICYCLES WERE PURCHASED AND PLACED IN SERVICE DURING THE YEAR. THE NATIONAL CYCLING CENTER ALSO PARTICIPATED IN EDUCATIONAL EVENTS TO RAISE AWARENESS ON THE TOPIC OF BICYCLE SAFETY.


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Board, Officers & Key Employees

Name (title)Compensation
Richard Rauck MD
Director
$0
Sterling Swaim
Chairman
$0
Dek Driscoll
Director
$0
Don Flow
Director
$0
John Wilson MD
Director
$0
Ginny Norton
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$416,268
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$416,268
Total Program Service Revenue$58,131
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $474,399

Grants Recieved

Over the last fiscal year, we have identified 1 grants that National Cycling Center Inc has recieved totaling $5,000.

Awarding OrganizationAmount
Millennium Fund

Winstonsalem, NC

PURPOSE: GENERAL SUPPORT FOR ATHLETIC EVENT

$5,000
View Grant Recipient Profile

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