Velo Development Foundation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Anselmo, CA
- Founding
- Data as of
- 12/2018
- EIN
- 61-1536916
Organization Overview
Velo Development Foundation is located in San Anselmo, CA. Velo Development 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 12/2018, Velo Development Foundation generated $106.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $124.6k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 4 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
2018
Describe the Organization's Program Activity:
Part 3
THE VELO DEVELOPMENT FOUNDATION IS A 501(C)(3) NONPROFIT ORGANIZATION CREATED TO PROMOTE AND SUPPORT THE DEVELOPMENT OF YOUNG CYCLISTS AT THE RECREATIONAL AND COMPETITIVE LEVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cameron Urban CEO | 40 | $33,295 | |
Dario Fredrick President | 10 | $6,600 | |
David Simon Secretary | 6 | $0 | |
John Hunt Treasurer | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,005 |
| Total Program Service Revenue | $66,215 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$9,433 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,787 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,895 |
| Professional fees and other payments to independent contractors | $4,820 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,928 |
| Other expenses | $78,005 |
| Total expenses | $124,648 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Velo Development Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
San Francisco Foundation San Francisco, CA PURPOSE: FOR GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Development Foundation Woodland, CA | $499,472 | $124,731 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Translational Genomics Research Institute Phoenix, AZ | $224,233,974 | $175,687,790 |
Central Valley General Hospital Hanford, CA | $0 | $118,529,798 |
Community Action Partnership Of San Luis Obispo County Inc San Luis Obispo, CA | $35,822,140 | $99,105,503 |
San Francisco Culinary Bartenders & Service Employees Welfare Fund Seattle, WA | $67,749,672 | $85,873,278 |
San Francisco Museum Of Modern Art San Francisco, CA | $782,459,375 | $60,826,981 |
Rogue Credit Union Medford, OR | $2,944,952,062 | $136,267,424 |
Presbyterian Retirement Communities Northwest Bellevue, WA | $589,407,305 | $86,965,439 |