Richmond Area Bicycling Association
- Assets
- $73.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ashland, VA
- Founding
- 11/1973
- Data as of
- 12/2022
- EIN
- 23-7321531
Organization Overview
Richmond Area Bicycling Association is located in Ashland, VA. The organization was established in 1973. 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. Richmond Area Bicycling Association 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 12/2022, Richmond Area Bicycling Association generated $33.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $29.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 7 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
PROVIDED BICYCLING ACTIVITIES AND TRAINING TO PROMOTE HEALTH, RECREATION, SAFETY, COMPANIONSHIP, RELAXATION, ETC., TO ITS MEMBERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russ Starke President | 2 | $0 | |
Kim Moore Vice President | 5 | $0 | |
Renata Sampson Secretary | 1 | $0 | |
Cindia Evans Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,385 |
| Investment income | $2,544 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,639 |
| Other Revenue | $2,683 |
| Total Revenue | $33,251 |
| 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 | $597 |
| Other expenses | $28,672 |
| Total expenses | $29,269 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,353 |
| Other assets | $0 |
| Total assets | $73,353 |
| Total liabilities | $0 |
| Net assets or fund balances | $73,353 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Richmond Area Bicycling Association has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Loucks Family Foundation Midlothian, VA PURPOSE: SUPPORT EXERCISE AND BICYLING PROGRAMS, AND BIKE SAFETY AND BIKES FOR KIDS. | $500 |
Loucks Family Foundation Midlothian, VA PURPOSE: SUPPORT EXERCISE AND BICYLING PROGRAMS, AND BIKE SAFETY AND BIKES FOR KIDS. | $500 |
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