Cascade Bicycle Club
- Assets
- $3.9m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 47
- Location
- Seattle, WA
- Founding
- 04/2002
- Data as of
- 12/2020
- EIN
- 91-2165219
Organization Overview
Cascade Bicycle Club is located in Seattle, WA. The organization was established in 2002. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Cascade Bicycle Club employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cascade Bicycle Club 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, Cascade Bicycle Club generated $2.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $2.7m during the year ending 12/2020. While expenses have increased by 14.1% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC EVENTS - CASCADE STRIVES TO CREATE EXCEPTIONAL AND FUN RIDING EVENTS FOR PEOPLE OF ALL AGES AND ABILITIES. FROM SHORT, URBAN RIDES T MULTI-DAY TOURS, CASCADE OFFERS WORLD-CLASS RIDING EVENTS, TRAINING PROGRAMS AND THOUSANDS OF SOCIAL GROUPS RIDES EVERY YEAR. CASCADE'S FLAGSHIP EVENT IS THE KAISER PERMANENTE STP PRESENTED BY ALASKA AIRLINES, IN WHICH THOUSANDS OF RIDERS FROM ACROSS THE COUNTRY GATHER AND EMBARK ON A 200-MILE JOURNEY FROM SEATTLE TO PORTLAND. THE STP HELPS SUPPORT A VARIETY OF OUR COMMUNITY PROGRAMS DESIGNED TO HELP GET MORE PEOPLE ON BIKES.
EDUCATION - CASCADE OFFERS SCHOOL AND COMMUNITY-BASED PROGRAMMING TO ENCOURAGE AND EDUCATE STUDENTS, ADULTS, CHILDREN, AND FAMILIES ABOUT RIDING SAFETY. HIGHLIGHTS INCLUDE "LET'S GO", OUR IN-SCHOOL PROGRAM SERVING STUDENTS IN 3RD THROUGH 5TH GRADES ACROSS FOUR SCHOOL DISTRICTS, AND "THE MAJOR TAYLOR PROJECT", AN AFTERSCHOOL YOUTH DEVELOPMENT PROGRAM DESIGNED FOR MIDDLE AND HIGH SCHOOL STUDENTS WHO LEARN ABOUT ESTABLISHING HEALTHY HABITS, BUILDING RELATIONSHIPS AND INSPIRING POSITIVE SOCIAL CHANGE. CASCADE ALSO OFFERS A VARIETY OF RIDING AND MAINTENANCE CLASSES FOR PEOPLE ACROSS MANY INTERESTS.
POLICY - ENSURING THERE ARE SAFE PLACES TO BIKE IS KEY TO GROWING BICYCLING. CASCADE'S POLICY TEAM CREATES VISIONARY CAMPAIGNS, SUCH AS SEATTLE'S BASIC BIKE NETWORK, TO UNIFY EXPERTS, ADVOCATES AND CHAMPION AROUND SHARED GOALS OF CONNECTIVITY, MOBILITY AND SAFETY. BY WORKING WITH OTHER SAFE STREETS GROUPS, AND ORGANIZING NEIGHBORS AND LOCAL ADVOCATES, CASCADE WORKS TO MAKE SURE THAT NEW BIKE LANES AND TRAILS ARE SUITABLE FOR RIDERS OF ANY AGE OR SKILL LEVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee Lambert Executive Director | Officer | 55 | $50,000 |
Casey Gifford Copresident | OfficerTrustee | 3 | $0 |
Richard Wolf Copresident | OfficerTrustee | 3 | $0 |
Nick Zylkowski Treasurer | OfficerTrustee | 3 | $0 |
Kelly Koster Secretary | OfficerTrustee | 3 | $0 |
Gabe Castillo Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,094,905 |
| Investment income | $479 |
| 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 | $2,696,887 |
| Statement of Expenses | |
|---|---|
| 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. | $228,480 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,243,531 |
| Pension plan accruals and contributions | $10,327 |
| Other employee benefits | $229,256 |
| Payroll taxes | $141,264 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $637 |
| Fees for services: Accounting | $2,278 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $18,657 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $110,731 |
| Advertising and promotion | $10,176 |
| Office expenses | $116,605 |
| Information technology | $81,278 |
| Royalties | $0 |
| Occupancy | $63,385 |
| Travel | $5,663 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,842 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $181,139 |
| Insurance | $46,433 |
| All other expenses | $0 |
| Total functional expenses | $2,674,501 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,274,906 |
| Savings and temporary cash investments | $101,781 |
| Pledges and grants receivable | $43,766 |
| Accounts receivable, net | $99,329 |
| 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 | $105,785 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $408,908 |
| Total assets | $3,889,164 |
| Accounts payable and accrued expenses | $254,346 |
| Grants payable | $0 |
| Deferred revenue | $171,300 |
| 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 | $506,500 |
| Other liabilities | $832,845 |
| Total liabilities | $1,764,991 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $2,124,173 |
Grants Awarded
Over the last fiscal year, Cascade Bicycle Club has awarded $33,025 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Chehalis, WA PURPOSE: SUPPORT AND REIMB | $8,650 |
Dayton, OH PURPOSE: SUPPORT | $6,875 |
Belleville, IL PURPOSE: MOTORCYCLE SUPPORT | $6,500 |
ST HELENS BAND PATRONS PURPOSE: SUPPORT AND FOOD | $5,500 |
SPANAWAY MIDDLE SCHOOL PURPOSE: SUPPORT AND REIMB | $5,500 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Cascade Bicycle Club has recieved totaling $175,759.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $66,587 |
Bullitt Foundation Seattle, WA PURPOSE: FOR CONTINUED SUPPORT FOR CASCADE BICYCLE CLUB TO ADVOCATE FOR INVESTMENTS IN BICYCLING AS A LOW-CARBON CLIMATE SOLUTION. | $40,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $35,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $13,000 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL SUPPORT; MAJOR TAYLOR PROJECT; TO PROVIDE SUPPORT FOR THE BRATS & BREWS FAMILY BBQ EVENT | $11,800 |
The Hubbard Family Foundation Dallas, TX PURPOSE: SUPPORT 'LET'S GO EDMONDS' | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seattle Parks Foundation Seattle, WA | $15,495,832 | $6,808,080 |
Cascade Bicycle Club Seattle, WA | $3,889,164 | $2,696,887 |
Chehalem Center Association Newberg, OR | $6,548,447 | $1,208,781 |
Ashland Parks Foundation Ashland, OR | $1,289,989 | $200,838 |
Yakima Ymca Qalicb Yakima, WA | $26,214,385 | $128,125 |
Eugene Parks Foundation Eugene, OR | $190,359 | $437,013 |
Fairbanks Summer Arts Festival Fairbanks, AK | $2,313,055 | $303,652 |
United States Amateur Boxing Foundation Hood River, OR | $5,699,978 | $606,532 |
Washington Friends Of Farms & Forests Olympia, WA | $787,691 | $172,140 |
Friends Of Silver Falls State Park Inc Sublimity, OR | $586,681 | $372,520 |
Hoopla Association Salem, OR | $70,226 | $203,022 |
Boise Youth Amatuer Hockey Association Inc Boise, ID | $177,961 | $197,335 |