Independence Youth Cycling
- Assets
- $16.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wyncote, PA
- Founding
- Data as of
- 12/2023
- EIN
- 87-1845203
Organization Overview
Independence Youth Cycling is located in Wyncote, PA. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, 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. Independence Youth Cycling 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, Independence Youth Cycling generated $17.5k 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 (6.6%) each year. All expenses for the organization totaled $16.5k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
INSPIRED 70 STUDENT ATHLETES IN GRADES 6-12 TO BE ACTIVE, GOOD COMMUNITY MEMBERS, AND SELF-RELIANT, USING MOUNTAIN BIKING, INCLUDING ADVENTURE, TRAINING, RACING, AND ENVIRONMENTAL STEWARDSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Raisch President And Chairman | 15 | $0 | |
Matthew Braden Secretary | 10 | $0 | |
Kenneth I Rose III Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,840 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,800 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,850 |
| Total Revenue | $17,490 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $133 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,344 |
| Total expenses | $16,477 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,409 |
| Other assets | $0 |
| Total assets | $16,409 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,409 |