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 12/2023, Richmond Area Bicycling Association generated $35.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $38.6k during the year ending 12/2023. While expenses have increased by 2.9% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED BICYCLING ACTIVITIES AND TRAINING TO PROMOTE HEALTH, RECREATION, SAFETY, COMPANIONSHIP, RELAXATION, ETC., TO ITS MEMBERSHIP.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Trey Dunnaville President | 2 | $0 | |
Josh Silverman Vice President | 5 | $0 | |
Kim Moore Secretary | 1 | $0 | |
Cindia Evans Treasurer | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $17,770 |
Investment income | $2,754 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $14,405 |
Other Revenue | $42 |
Total Revenue | $34,971 |
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 | $893 |
Other expenses | $33,234 |
Total expenses | $38,627 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $69,139 |
Other assets | $0 |
Total assets | $69,139 |
Total liabilities | $0 |
Net assets or fund balances | $69,139 |