Duluth Devo Mountain Bike Program is located in Duluth, MN. The organization was established in 2015. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Duluth Devo Mountain Bike Program 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 01/2023, Duluth Devo Mountain Bike Program generated $70.8k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $79.8k during the year ending 01/2023. While expenses have increased by 16.6% per year over the past 2 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
FOUNDED IN 2013, AS THE DULUTH COMPOSITE MOUNTAIN BIKE TEAM, WE BEGAN AS A TEAM PARTICIPATING IN THE MINNESOTA HIGH SCHOOL CYCLING LEAGUE, AND HAVE EXPANDED TO INCLUDE PROGRAMS FOR ELEMENTARY AGED YOUTH, AS WELL AS RIDERS SEEKING MORE TECHNICAL RIDING IN OUR ENDURO PROGRAM, AND YOUTH INTERESTED IN ADVENTURE RIDING RATHER THAN RACING. OUR PROGRAMS HAVE EXPANDED TO SERVING ALMOST 200 YOUTH IN 2019 IN GRADES 2 - 12, AND WE ARE NOW KNOWN AS DULUTH DEVO MOUNTAIN BIKE PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Bell Director | 0 | $0 | |
Eric Viken Tressurer | 0 | $0 | |
Todd Mcfadden Director | 0 | $0 | |
Mickey Pearson Director | 0 | $0 | |
Mel Rajkowski Director | 0 | $0 | |
Madeline Depman Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $19,852 |
Total Program Service Revenue | $50,981 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $70,833 |
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 | $62,470 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $17,296 |
Total expenses | $79,766 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $10,685 |
Other assets | $0 |
Total assets | $10,685 |
Total liabilities | $0 |
Net assets or fund balances | $10,685 |