Vermont Mountain Bike Advocate Inc is located in Waitsfield, VT. The organization was established in 2014. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Vermont Mountain Bike Advocate Inc 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 12/2022, Vermont Mountain Bike Advocate Inc generated $62.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $33.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.7%) per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
COLLABORATE WITH LANDOWERS, GOVERNMENTAGENCIES AND OTHER PARTIES FOR THE DEVELOPMENT ANDSUSTAINABILITY OF MULTI-USE RECREATIONAL TRAILS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bog Kogut President | 20 | $0 | |
William Zekas Treasurer | 10 | $0 | |
June Anderson Secy | 10 | $0 | |
Ryan Diehl Director | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $42,527 |
Total Program Service Revenue | $0 |
Membership dues | $15,798 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2,207 |
Total Revenue | $62,717 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $5,998 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $27,477 |
Total expenses | $33,475 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $65,077 |
Other assets | $0 |
Total assets | $65,077 |
Total liabilities | $0 |
Net assets or fund balances | $65,077 |