Potomac Pedalers Touring Club Inc
- Assets
- $308.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Germantown, MD
- Founding
- 07/1989
- Data as of
- 12/2021
- EIN
- 52-1086755
Organization Overview
Potomac Pedalers Touring Club Inc is located in Germantown, MD. The organization was established in 1989. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Potomac Pedalers Touring Club Inc 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 12/2021, Potomac Pedalers Touring Club Inc generated $81.5k 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 (16.0%) each year. All expenses for the organization totaled $46.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (25.6%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT AND SUPPORT BICYCLE RIDES AND EVENTS; TO CONDUCT EDUCATION ABOUT BICYCLING.
Describe the Organization's Program Activity:
Part 3
BICYCLE RIDES AND EVENTS PROVIDE HUNDREDS OF RIDES PER YEAR TO THOUSANDS OF PEOPLE.
MOMTHLY NEWSLETTER (PEDAL PATTER) AND EMAILS INFORM THE PUBLIC ABOUT BICYCLE EVENTS, CARE AND SAFETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Hyman President | 8 | $0 | |
Catherine Kitchell Board Member | 2 | $0 | |
Deborah Reynolds VP Of Operations | 2 | $0 | |
Joe Pixley Treasurer | 5 | $0 | |
Ed Hazelwood Board Member | 2 | $0 | |
Carol Linden Recording Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $200 |
| Total Program Service Revenue | $25,460 |
| Membership dues | $45,331 |
| Investment income | $9,930 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $545 |
| Total Revenue | $81,466 |
| 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 | $5,475 |
| Occupancy, rent, utilities, and maintenance | $3,175 |
| Printing, publications, postage, and shipping | $156 |
| Other expenses | $37,227 |
| Total expenses | $46,033 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $308,110 |
| Other assets | $0 |
| Total assets | $308,110 |
| Total liabilities | $40,342 |
| Net assets or fund balances | $267,768 |
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