New River Valley Bicycle Association
- Assets
- $35.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Blacksburg, VA
- Founding
- 09/2001
- Data as of
- 12/2018
- EIN
- 54-1579413
Organization Overview
New River Valley Bicycle Association is located in Blacksburg, VA. The organization was established in 2001. 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. New River Valley Bicycle Association 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 12/2018, New River Valley Bicycle Association generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $16.4k 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
SUPPORT OF COMMUNITY ORGANIZATIONS, RESCUE SQUADS, AND FUNDRAISING BICYCLE EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Owens President | 0 | $0 | |
Joseph Carley Treasurer | 0 | $0 | |
David Lehn Vice President | 0 | $0 | |
Janet Zahorsky Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,395 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,907 |
| Investment income | $70 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,610 |
| Other Revenue | $0 |
| Total Revenue | $9,982 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,724 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,500 |
| Occupancy, rent, utilities, and maintenance | $540 |
| Printing, publications, postage, and shipping | $196 |
| Other expenses | $2,632 |
| Total expenses | $16,442 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,989 |
| Other assets | $0 |
| Total assets | $34,989 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,989 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that New River Valley Bicycle Association has recieved totaling $642.
| Awarding Organization | Amount |
|---|---|
Celanese Foundation Irving, TX PURPOSE: CHARITABLE CONTRIBUTION | $370 |
Celanese Foundation Irving, TX PURPOSE: CHARITABLE CONTRIBUTION | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
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