S P I Bikefest Inc, operating under the name Corpus Christi Bikefest, is located in Mcallen, TX. The organization was established in 1997. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corpus Christi Bikefest 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, Corpus Christi Bikefest generated $38.0k 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 (40.0%) each year. All expenses for the organization totaled $41.8k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (35.6%) 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
EVENT HOSTING ACTIVITIES TO SUPPORT OTHER CHARITABLE ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gerardo J Reyna Trustee | 40 | $0 | |
Mark Lacy Trustee | 40 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $25,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $12,988 |
Total Revenue | $37,988 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $40,315 |
Total expenses | $41,815 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $2,157 |
Other assets | $0 |
Total assets | $2,917 |
Total liabilities | $26,605 |
Net assets or fund balances | -$23,688 |
Over the last fiscal year, we have identified 1 grants that S P I Bikefest Inc has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
The Oscar J Tolmas Charitable Trust Metairie, LA | $58,086,420 | $4,279,649 |
The University Of Texas At Tyler Education Inc Tyler, TX | $0 | $51,128 |
University Of Arkansas Technology Development Foundation Fayetteville, AR | $18,380,736 | $2,093,754 |
Butcher Fund Houston, TX | $0 | $254,062 |
Lensic Performing Arts Center Corporation Santa Fe, NM | $15,012,313 | $4,156,320 |
John R & Greli N Less Charitable Trust San Antonio, TX | $117,218,576 | $120,089,499 |
St Davids Community Health Foundation Initiatives Austin, TX | $27,867,184 | $2,942,176 |
Crow Family Foundation Inc Dallas, TX | $48,525 | $3,503 |
Southwest Airlines Employees Catastrophic Assistance Charity Dallas, TX | $24,931,177 | $1,326,488 |
Scientific Technology And Language Institute Houston, TX | $478,396 | $2,041,270 |
Texas Cultural Trust Council Austin, TX | $6,702,014 | $1,761,025 |
Onward & Upward Initiative A Charitable Trust Dallas, TX | $0 | $2,586,746 |