Lincoln Park Bmx Association is located in Port Angeles, WA. The organization was established in 2017. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. Lincoln Park Bmx Association 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, Lincoln Park Bmx Association generated $470.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 43.4% each year . All expenses for the organization totaled $97.2k during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LINCOLN PARK BMX IS A NON-PROFIT ORGANIZATION MANAGED BY VOLUNTEERS WHO HAVE COME TOGETHER TO MAKE BMX RACING IN PORT ANGELES, WA EXCITING AND FUN. THE ORGANIZATION FOLLOWS THE POLICIES OF USABMX, PROMOTES HEALTH AND WELLNESS RELATED TO BICYCLE RACING, GOOD SPORTSMANSHIP AND SAFETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LINCOLN PARK BMX PROVIDES AN OPPORTUNITY FOR YOUTH AND ADULTS TO HAVE A SAFE ENVIRONMENT FOR FUN AND HEALTHY ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sean Coleman President | OfficerTrustee | 0 | $0 |
Jason Groves Vice President | OfficerTrustee | 0 | $0 |
Trish Tisdale Treasurer | OfficerTrustee | 0 | $0 |
Christina Heistand Secretary | OfficerTrustee | 0 | $0 |
Joe Fors Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $211,678 |
All other contributions, gifts, grants, and similar amounts not included above | $171,956 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $383,634 |
Total Program Service Revenue | $65,486 |
Investment income | $27 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $4,261 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $16,645 |
Miscellaneous Revenue | $0 |
Total Revenue | $470,053 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $669 |
Fees for services: Accounting | $943 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $6,782 |
Office expenses | $1,710 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $14,419 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $10,064 |
Insurance | $688 |
All other expenses | $13,368 |
Total functional expenses | $97,168 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $172,629 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $126,762 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $254,212 |
Total assets | $553,603 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,334 |
Total liabilities | $2,334 |
Net assets without donor restrictions | $551,269 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $553,603 |
Over the last fiscal year, we have identified 2 grants that Lincoln Park Bmx Association has recieved totaling $52,373.
Awarding Organization | Amount |
---|---|
The Specialized Foundation Morgan Hill, CA PURPOSE: TO IMPROVE LIVES OF KIDS WITH LEARNING DIFFERENCES | $52,330 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $43 |
Organization Name | Assets | Revenue |
---|---|---|
Bike Works Seattle Seattle, WA | $2,382,984 | $2,496,673 |
La Clippers Foundation Bellevue, WA | $1,269,800 | $3,468,997 |
Kitsap Tennis And Athletic Center Bremerton, WA | $1,011,335 | $966,802 |
Iron Dog Race Anchorage, AK | $171,552 | $865,550 |
Whittier Marina Condominium Association Inc Anchorage, AK | $1,336,898 | $592,121 |
Rave Foundation Seattle, WA | $574,075 | $1,049,128 |
Kenai River Sportfishing Association Inc Soldotna, AK | $4,804,569 | $446,757 |
International Drop-In Center Seattle, WA | $297,820 | $664,556 |
Girls On The Run Of Puget Sound Seattle, WA | $556,463 | $634,259 |
Disabled Sports Usa Bend, OR | $682,403 | $737,286 |
Whatcom Events Bellingham, WA | $171,139 | $467,467 |
Swell Events Washougal, WA | $134,026 | $356,415 |