Cycle Haven Foundation Inc
- Assets
- $25.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Guilford, CT
- Founding
- 05/2018
- Data as of
- 12/2020
- EIN
- 82-3660834
Organization Overview
Cycle Haven Foundation Inc is located in Guilford, CT. The organization was established in 2018. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, 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. Cycle Haven Foundation 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 12/2020, Cycle Haven Foundation Inc generated $46.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $94.2k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
TO SUPPORT THE DEVELOPMENT OF THE CYCLE HAVEN VELODROME AND SPORTS CENTERAND THE SPORT OF TRACK CYCLING FOR THE BENEFIT OF YOUTH, AMATEUR AND COLLEGIATE CYCLISTS AND THE COMMUNITY OF GREATER NEW HAVEN, CT.
TO SUPPORT THE DEVELOPMENT OF THE CYCLE HAVEN VELODROME AND SPORTS CENTERAND THE SPORT OF TRACK CYCLING FOR THE BENEFIT OF YOUTH, AMATEUR AND COLLEGIATE CYCLISTS AND THE COMMUNITY OF GREATER NEW HAVEN, CT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick Mayer President/director | 8 | $0 | |
Dwight Johnson Treasurer | 2 | $0 | |
Susan D'aniello Secretary/director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,000 |
| Total Revenue | $46,000 |
| 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 | $89,410 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $148 |
| Other expenses | $4,601 |
| Total expenses | $94,159 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,988 |
| Other assets | $0 |
| Total assets | $24,988 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,988 |
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