Sound Velo Cycling
- Assets
- $110.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 08/2005
- Data as of
- 12/2018
- EIN
- 33-1029984
Organization Overview
Sound Velo Cycling is located in Seattle, WA. 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. Sound Velo Cycling 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 12/2018, Sound Velo Cycling generated $48.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $33.4k during the year ending 12/2018. 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
2018
Describe the Organization's Program Activity:
Part 3
PROVIDE TRAINING AND FINANCIAL SUPPORT FOR WOMEN'S CYCLING AND RACING FOR 40 MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gina Estep President | 6 | $0 | |
Olga Magun Vice President | 4 | $0 | |
Nicole Weiss Treasurer | 5 | $0 | |
Colleen Gregier Secretary | 5 | $0 | |
Tonya Leroy Director | 5 | $0 | |
Rachel Wood Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,995 |
| Total Program Service Revenue | $6,659 |
| Membership dues | $0 |
| Investment income | $157 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,811 |
| 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 | $33,407 |
| Total expenses | $33,407 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,621 |
| Other assets | $0 |
| Total assets | $110,768 |
| Total liabilities | $0 |
| Net assets or fund balances | $110,768 |