Charles River Wheelers
- Assets
- $148.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, MA
- Founding
- 04/2005
- Data as of
- 12/2022
- EIN
- 90-0193287
Organization Overview
Charles River Wheelers is located in Lexington, MA. The organization was established in 2005. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Charles River Wheelers 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, Charles River Wheelers generated $42.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $42.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 8 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
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Cheng Director And President | 5 | $0 | |
Harriet Fell Director | 1 | $0 | |
Erik Dentremont Director | 1 | $0 | |
Amy Juodawlkis Director | 1 | $0 | |
Larry Kernan Director | 5 | $0 | |
Mark Nardone Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,313 |
| Total Program Service Revenue | $12,320 |
| Membership dues | $0 |
| Investment income | $1,641 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $21 |
| Total Revenue | $42,295 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,048 |
| Total expenses | $42,048 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $148,664 |
| Other assets | $0 |
| Total assets | $148,664 |
| Total liabilities | $0 |
| Net assets or fund balances | $148,664 |
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