Team Evergreen Cycling
- Assets
- $430.3k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 1
- Location
- Evergreen, CO
- Founding
- Data as of
- 12/2021
- EIN
- 85-0930923
Organization Overview
Team Evergreen Cycling is located in Evergreen, CO. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Team Evergreen Cycling is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Team Evergreen Cycling has awarded 23 individual grants totaling $468,774. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TEAM EVERGREEN ACTIVELY SUPPORTS BICYCLING AND RELATED ACTIVITIES TO FURTHER THE SPORT OF CYCLING AND PROMOTE ITS CONTINUED GROWTH AND SAFE ENJOYMENT. COLORADO'S PREMIER BICYCLE CLUB IS DEDICATED TO SERVING CYCLING AND CHARITABLE ORGANIZATIONS THAT MAKE A DIFFERENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEAM EVERGREEN CYCLING'S PREMIER EVENT IS THE "TRIPLE BYPASS". THIS TWO DAY EVENT FEATURES THOUSANDS OF RIDERS AND HUNDREDS OF VOLUNTEERS, WITH A RIDE THAT INCLUDES OVER 10,000 VERTICAL FEET OF ELEVATION CHANGE. THIS EVENT PROMOTES INVOLVEMENT IN CYCLING BY BOTH RIDERS AND BY VOLUNTEERS. THIS EVENT ALLOWS TEAM EVERGREEN CYCLING TO PROMOTE CYCLING THROUGH CYCLING RELATED ORGANIZATIONS AND BY SUPPORTING LOCAL ORGANIZATIONS.
VARIOUS
THE "HUNDO" IS AN EPIC MOUNTAIN BIKE RACE IN THE BELOVED BUFFALO CREEK AREA. RACERS ARE TREATED TO MILES AND MILES OF BEAUTIFUL, FLOWY SINGLETRACK. BEST PART OF ALL, THE HUNDO BENEFITS AMAZING ORGANIZATIONS IN COLORADO THAT ADVANCE THE ADOPTION AND KNOWLEDGE OF CYCLING FOR YOUND AND OLD ALIKE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathalie Brochu Treasurer | OfficerTrustee | 4 | $0 |
Jennifer Barbour Executive Dir. | Officer | 40 | $0 |
Valerie Southgate Chair | Officer | 10 | $0 |
Sean Wood Director | Officer | 10 | $0 |
Robert Layman Director | Trustee | 10 | $0 |
Kip Kusser Vice Chair | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $407,016 |
| Membership dues | $1,356,549 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $72,753 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,836,318 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,836,318 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $488,774 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,799 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,923 |
| Fees for services: Accounting | $30,248 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $60,606 |
| Office expenses | $7,245 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,378 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,682 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $50,217 |
| All other expenses | $434,279 |
| Total functional expenses | $1,445,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $428,306 |
| Savings and temporary cash investments | $2,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $430,306 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $39,375 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $39,375 |
| Net assets without donor restrictions | $390,931 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $430,306 |
Grants Awarded
Over the last fiscal year, Team Evergreen Cycling has awarded $468,774 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
TEC GRANTS LESS THAN 5K | | | $99,740 |
Lakewood, CO PURPOSE: M Mtn, W's Prog, Trails Tm, Floyd H | $81,450 |
Boulder, CO PURPOSE: General Support | $60,000 |
Denver, CO PURPOSE: General Support | $50,000 |
LUCKY TO RIDE | | | $20,000 |
Frisco, CO PURPOSE: General Support | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Olympic Endowment Colorado Springs, CO | $492,382,153 | $27,799,302 |
Fields & Futures Foundation Edmond, OK | $7,089,979 | $3,122,717 |
Team Evergreen Cycling Evergreen, CO | $430,306 | $1,836,318 |
Harmes C Fishback Foundation Trust Englewood, CO | $13,285,039 | $68,460 |
Arizona Tennis Charities Phoenix, AZ | $163,967 | $845,443 |
World Cup Dreams Foundation Park City, UT | $853,676 | $1,291,836 |
Chaparral Firebirds Baseball Club Phoenix, AZ | $33,145 | $562,494 |
Utah Mountain Sports Academy Provo, UT | $136,054 | $521,102 |
Boulder Parks And Recreation Foundation Inc Boulder, CO | $541,484 | $360,790 |
Friends Of Hogadon Casper, WY | $17,685 | $398,188 |
The Colorado Parks Foundation Inc Denver, CO | $1,922,854 | $796,705 |
Salt Lake City - Utah Committee For The Games Inc Salt Lake City, UT | $724,935 | $1,010,000 |