Capitol City Bmx is located in Austin, TX. 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. Capitol City Bmx 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, Capitol City Bmx generated $67.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $82.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 3 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
THE BMX TRACK LOCATED IN MANOR TEXAS PROVIDED WEEKELY PRACTICE-TRAININGS SESSONS.SINGLE POINT RACES ARE HEALD THROUGHOUT THE YEAR AS WELL AS 5 LARGEMULTI-POINT CHAMPION SHIP,AND SERIES RACES SERVING OVER 2,400 BICYCLESTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donovan Miller President | 4 | $0 | |
Rita Guihan Secretary | 4 | $0 | |
Robert Scot Cate Treasurer | 3 | $0 | |
James Fowler Balentine Voting Member | 2 | $0 | |
Matthew Prefontaine Voting Member | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $67,354 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,354 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $54,352 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,975 |
| Total expenses | $82,327 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,975 |
| Other assets | $0 |
| Total assets | $5,975 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,975 |