Silver Stallion Bicycle & Coffee Works Inc
- Assets
- $116.7k
- Revenue
- $256.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Gallup, NM
- Founding
- Data as of
- 12/2023
- EIN
- 83-1262027
Organization Overview
Silver Stallion Bicycle & Coffee Works Inc is located in Gallup, NM. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silver Stallion Bicycle & Coffee Works 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 12/2023, Silver Stallion Bicycle & Coffee Works Inc generated $256.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 45.1% each year . All expenses for the organization totaled $239.9k during the year ending 12/2023. While expenses have increased by 16.9% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE AND EMPOWER YOUTH AND YOUNG ADULTS IN THE BICYCLE MECHANIC AND SPECIALTY COFFEE SERVICE INDUSTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FREE BIKE REPAIRTHERE ARE CURRENTLY NO BIKE SHOPS ACROSS THE NAVAJO NATION. SILVER STALLION BIKES OPERATES A MOBILE REPAIRSHOP PROVIDING FREE BIKE SERVICE AND REPAIRS IN REMOTE COMMUNITIES.IN PARTNERSHIP WITH LOCAL COMMUNITY LEADERSHIP, THE SILVER STALLION MOBILE RIDE CENTER SUPPORTS RURAL BICYCLE RIDERSHIP THROUGH EDUCATIONAL AND SERVICE REPAIR EVENTS. THIS PROGRAM SUPPORTS INCREASED RIDERSHIP, CAMARADERIE, TRAIL DEVELOPMENT, GENERAL HEALTH AND WELL-BEING OF THE NAVAJO NATION.
DEVO/CLUB RIDESSILVER STALLION BIKES HAS BEGUN THE DEVO/CLUB RIDE PROGRAMS SERVING 100+ PARTICIPANTS IN THE GALLUP MCKINLEY COUNTY SCHOOLS DISTRICT. RIDES ARE PROVIDED TO STUDENTS ONCE A WEEK FOR A 10 WEEK PERIOD EACH SEMESTER, LED BY PROFESSIONALLY TRAINED COACHES AND SCHOOL VOLUNTEERS. PARTICIPATING SCHOOLS ARE LOCATED IN REMOTE LOCATIONS ON THE NAVAJO NATION RESERVATION, WHERE ACCESS TO BICYCLE EQUIPMENT AND COACHES IS LIMITED OR NONEXISTENT.
NICA TEAMS - DIN COMP AND GALLUP COMPIN 2018 SILVER STALLION FOUNDED THE GALLUP AND DINE COMPOSITE NICA TEAMS TO PROVIDE STRUCTURED COACHED PRACTICES AND RACE OPPORTUNITIES FOR YOUTH TO ADVANCE IN THE MOUNTAIN BIKE RACING COMMUNITY. BOTH TEAMS PARTICIPATE IN THE NEW MEXICO NICA LEAGUE FALL RACE SEASON EACH YEAR. SILVER STALLION SUPPORTS THE NICA PROGRAM MISSION OF BUILDING STRONG MINDS, BODIES, CHARACTERS, AND COMMUNITIES THROUGH CYCLING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Nydam President | Trustee | 40 | $16,758 |
Jennifer Nydam Vice President | Trustee | 5 | $0 |
Sandra Lee Secretary | Trustee | 5 | $0 |
Myron Billy Member | Trustee | 5 | $0 |
Lane Towery Member | Trustee | 5 | $0 |
Owen Leimbach Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $222,928 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $222,928 |
| Total Program Service Revenue | $12,217 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $256,141 |
| 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. | $16,758 |
| 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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $125,274 |
| Advertising and promotion | $8,467 |
| Office expenses | $5,203 |
| Information technology | $2,434 |
| Royalties | $0 |
| Occupancy | $33,134 |
| Travel | $6,414 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $701 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,974 |
| Insurance | $910 |
| All other expenses | $5,589 |
| Total functional expenses | $239,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,783 |
| 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 | $8,958 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $116,742 |
| Accounts payable and accrued expenses | $86 |
| 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 | $0 |
| Total liabilities | $86 |
| Net assets without donor restrictions | $116,656 |
| 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 | $116,742 |