Cycle Oregon Inc
- Assets
- $294.9k
- Revenue
- $561.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Portland, OR
- Founding
- 03/1993
- Data as of
- 12/2021
- EIN
- 93-1056645
Organization Overview
Cycle Oregon Inc is located in Portland, OR. The organization was established in 1993. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Cycle Oregon Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cycle Oregon Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Cycle Oregon Inc generated $561.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.8%) each year. All expenses for the organization totaled $650.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.8%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CYCLE OREGON IS A NON-PROFIT ORGANIZATION DEDICATED TO TRANSFORMING INDIVIDUALS AND COMMUNITIES THROUGH BICYCLING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE BICYCLE TOURISM - ORGANIZE FULLY-SUPPORTED BICYCLE TOURS THAT SHOWCASE RURAL OREGON. IN 2021, WE HOSTED 2 WEEKENDS OF CYCLING ON OUR TYGH VALLEY RALLY EVENT, BRINGING NEARLY 1,000 PEOPLE TO EXPERIENCE WASCO COUNTY. CYCLE OREGON ALSO STRENGTHENED ITS PARTNERSHIP WITH OREGON STATE PARKS TO DEVELOP A PLAN TO TAKE OVER MANAGEMENT OF THE OREGON SCENIC BIKEWAY PROGRAM BEGINNING IN 2022.STRATEGICALLY INVEST IN RURAL OREGON - CYCLE OREGON ADVISED THE OREGON COMMUNITY FOUNDATION CYCLE OREGON FUND TO AWARD 13 GRANTS IN THE AMOUNT OF $126,550 TO SUPPORT PROGRAM DEVELOPMENT FOR RURAL OREGON PEOPLE AND PLACES.
ADVOCATE FOR SAFETY AND INFRASTRUCTURE - CYCLE OREGON BEGAN PARTNERSHIPS WITH ODOT AND ALTA PLANNING AND DESIGN TO CREATE A RURAL BASED SAFE ROUTES TO SCHOOL PROGRAM, TO BE LAUNCHED IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Schulz Executive Director | Officer | 40 | $120,100 |
Karmen Fore Secretary | OfficerTrustee | 5 | $0 |
Scott Towsey Treasurer | OfficerTrustee | 5 | $0 |
Chad Davis President | OfficerTrustee | 5 | $0 |
Sarah Gates Vice President | OfficerTrustee | 5 | $0 |
Js May Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $52,537 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $175,308 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,720 |
| Noncash contributions included in lines 1a–1f | $5,820 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $243,565 |
| Total Program Service Revenue | $296,210 |
| Investment income | $54 |
| 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 | $8,421 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $561,110 |
| 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. | $132,353 |
| Compensation of current officers, directors, key employees. | $52,523 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,715 |
| Pension plan accruals and contributions | $3,973 |
| Other employee benefits | $22,480 |
| Payroll taxes | $24,367 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,646 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,576 |
| Advertising and promotion | $8,202 |
| Office expenses | $3,896 |
| Information technology | $5,510 |
| Royalties | $0 |
| Occupancy | $34,508 |
| Travel | $403 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,856 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $650,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,353 |
| Savings and temporary cash investments | $109,554 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,387 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $46,911 |
| Prepaid expenses and deferred charges | $63,906 |
| Net Land, buildings, and equipment | $9,770 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $294,881 |
| Accounts payable and accrued expenses | $12,659 |
| 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 | $12,659 |
| Net assets without donor restrictions | $282,222 |
| 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 | $294,881 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cycle Oregon Inc has recieved totaling $300,150.
| Awarding Organization | Amount |
|---|---|
Rural Development Initiatives Inc Coburg, OR PURPOSE: PROJECT GRANT | $150,075 |
Rural Development Initiatives Inc Coburg, OR PURPOSE: PROJECT GRANT | $150,075 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Olympic Club San Francisco, CA | $139,553,098 | $52,824,082 |
Multnomah Athletic Club Portland, OR | $105,959,978 | $39,135,600 |
Monterey Peninsula Country Club Corp Pebble Beach, CA | $64,367,072 | $29,204,016 |
Hillcrest Country Club Los Angeles, CA | $41,243,354 | $25,586,349 |
Big Canyon Country Club Newport Beach, CA | $52,469,000 | $24,831,561 |
Jonathan Club Los Angeles, CA | $60,243,758 | $30,259,062 |
Los Angeles Country Club Los Angeles, CA | $94,895,978 | $18,517,076 |
Vintage Club Indian Wells, CA | $80,320,020 | $28,937,387 |
Boys And Girls Clubs Of King County Seattle, WA | $61,751,786 | $21,833,382 |
Brentwood Country Club Los Angeles Los Angeles, CA | $23,132,093 | $17,679,018 |
Track Town Usa Inc Eugene, OR | $22,816,196 | $29,424,138 |
Eldorado Country Club Indian Wells, CA | $45,757,738 | $18,170,181 |