Richmond Cycling Corps is located in Richmond, VA. The organization was established in 2001. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Richmond Cycling Corps employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richmond Cycling Corps 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, Richmond Cycling Corps generated $165.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.6%) each year. All expenses for the organization totaled $194.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.6%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
RCC CONTINUED PROVIDING COMPREHENSIVE COACHING AND MENTORING SERVICES TO YOUTH LIVING IN PUBLIC HOUSING. THE CYCLING PROGRAM CONTINUED TO REACH 15 YOUTH WHO WERE THE BENEFICIARIES OF MENTORING, EMPLOYMENT OPPORTUNITIES, ACADEMIC SUPPORT, COUNSELING, HEALTH AND DENTAL SERVICES, AND PATHWAYS AWAY FROM GANGS, DRUG USE, AND VIOLENCE. THE ACADEMIC SUPPORT, WHICH WAS EXPANDED IN 2017 AND NAMED LEGACY ACADEMY, INCLUDES A FULL-TIME SCHOOL PROVIDING A LOW STUDENT-TEACHER RATIO AND A RICH AND VARIED CURRICULUM. ARMSTRONG BIKE PARK - THE ARMSTRONG BIKE PARK IS THE NATION'S FIRST AND ONLY INNER-CITY MOUNTAIN BIKE PARK. CONSTRUCTED ON A 10 ACRE ABANDONED FIELD NEXT TO ARMSTRONG HIGH SCHOOL, WITHIN THE PUBLIC HOUSING NEIGHBORHOOD OF FAIRFIELD COURT, THE 1.5 MILE TRAIL BOASTS 22 DIFFERENT SKILL- FEATURES. THE PARK WAS LAUNCHED AS A TRAINING COURSE FOR THE ARMSTRONG CYCLING TEAM - AND EQUALLY IMPORTANT, A POINT OF ENTRY INTO MOUNTAIN BIKING FOR INNER- CITY AREA YOUTH AND RICHMOND PUBLIC SCHOOL STUDENTS. CYCLING TEAM - IN FEBRUARY OF 2014, RCC LAUNCHED THE NATION'S FIRST AND ONLY INNER-CITY HIGH SCHOOL CYCLING TEAM OUT OF ARMSTRONG HIGH SCHOOL. REFUSING TO BECOME A NOVELTY, THE TEAM TRAINED HARD, FOSTERING SOLID RESULTS IN THEIR FIRST YEAR. IN FACT, THE TEAM PRODUCED TWO COMPETITIVE VARSITY ATHLETES RIGHT OUT OF THE BLOCKS, WITH FOUR WOMEN COMPRISING A RESPECTED JV SQUAD. THIS NATURAL PROGRESSION INTO THE HIGH SCHOOL RANKS, HAS PROVEN INSTRUMENTAL TOWARDS OUR YOUTH RETENTION - AS CYCLING IS NOW AVAILABLE AS A PART OF THEIR HIGH SCHOOL EXPERIENCE - A RECOGNIZED HIGH SCHOOL SPORT IN THE PRESTIGIOUS NATIONAL INTERSCHOLASTIC CYCLING ASSOCIATION (NICA).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew Kuhn Executive Di | 40 | $49,280 | |
Kate Hoof Board Chair | 1 | $0 | |
Natima Jones Director | 0.5 | $0 | |
Lauren Kern Treasurer | 1 | $0 | |
Lakeshia Allen Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $165,443 |
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 | $165,443 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $141,538 |
Professional fees and other payments to independent contractors | $5,090 |
Occupancy, rent, utilities, and maintenance | $10,554 |
Printing, publications, postage, and shipping | $918 |
Other expenses | $36,577 |
Total expenses | $194,677 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $57,038 |
Other assets | $0 |
Total assets | $57,038 |
Total liabilities | $0 |
Net assets or fund balances | $57,038 |
Over the last fiscal year, we have identified 3 grants that Richmond Cycling Corps has recieved totaling $16,740.
Awarding Organization | Amount |
---|---|
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $16,000 |
Mckesson Foundation Dallas, TX PURPOSE: CHARITABLE | $540 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $200 |
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Alpha Omicron Pi Fraternity Inc Brentwood, TN | $92,549,328 | $43,130,066 |
Delta Sigma Theta Sorority Inc Washington, DC | $59,604,954 | $43,935,038 |
Army Navy Country Club Arlington, VA | $99,356,910 | $42,965,360 |
Country Club Of Virginia Inc Richmond, VA | $91,534,297 | $40,685,067 |
Congressional Country Club Inc Bethesda, MD | $78,316,209 | $29,100,314 |
Chevy Chase Club Inc Chevy Chase, MD | $66,940,188 | $32,070,138 |
Carmel Country Club Inc Charlotte, NC | $56,143,554 | $23,347,186 |
Woodmont Country Club Rockville, MD | $56,166,542 | $22,075,767 |
Baltimore Country Club Of Baltimore City Baltimore, MD | $35,586,521 | $23,737,459 |
Farmington Country Club Inc Charlottesville, VA | $52,436,644 | $25,257,129 |
Columbia Country Club Chevy Chase, MD | $51,891,404 | $22,067,092 |
Washington Golf And Country Club Inc Arlington, VA | $48,455,931 | $21,067,505 |