Richmond Cycling Corps

Organization Overview

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.

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).


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Financial Statements

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

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Richmond Cycling Corps has recieved totaling $16,740.

Awarding OrganizationAmount
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
View Grant Recipient Profile

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