National Capital Velo Club Inc
- Assets
- $116.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 12/1990
- Data as of
- 12/2023
- EIN
- 52-1568474
Organization Overview
National Capital Velo Club Inc is located in Washington, DC. The organization was established in 1990. 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. National Capital Velo 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 12/2023, National Capital Velo Club Inc generated $45.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $59.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
SPONSORED RACE EVENTS AND TOUR/RIDES FOR THE PUBLIC AND THE GREATER AMATEUR BICYCLE RACING COMMUNITY.TRAINED AND FIELDED TEAMS OF AMATEUR BICYCLE RACERS IN A VARIETY OF AGE AND SKILL BRACKETS AT EVENTSSANCTIONED BY THE US CYCLING FEDERATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Weiss President (01/23 - 12/23) | 6 | $0 | |
Lucas Beirne Vice President (01/23 - 12/23) | 6 | $0 | |
Josh Bleisch Secretary (01/23 - 12/23) | 6 | $0 | |
Tim Vandish Treasurer (01/23 - 12/23) | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,989 |
| Total Program Service Revenue | $27,668 |
| Membership dues | $11,795 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,539 |
| 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 | $1,735 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,608 |
| Total expenses | $59,793 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,266 |
| Other assets | $0 |
| Total assets | $116,266 |
| Total liabilities | $0 |
| Net assets or fund balances | $116,266 |