Cycling Development is located in El Dorado Hills, CA. The organization was established in 2012. 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. Cycling Development 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 06/2024, Cycling Development generated $67.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $42.7k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
ASSISTED KIDS BETWEEN 8-18 YEARS OLD TO IMPROVE THE LIVES THROUGH EXERCISE, WITH A FOCUS ON CYCLING, SHOWING THEM HOW TO REACH THEIR GOALS THROUGH CONSISTENT PHYSICAL TRAINING AND HOW NUTRITIONAL FOOD CHOICES WILL HELP THEM ACHIEVE THEIR GOALS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amie Ferry Executive Dir. | 5 | $0 | |
Terry Cosens Treasurer | 2 | $0 | |
Douglas Cousins Secretary | 2 | $0 | |
Chris Sargent Director | 2 | $0 | |
Jon Hyatt Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,453 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,040 |
| Other Revenue | $0 |
| Total Revenue | $67,493 |
| 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 | $716 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,949 |
| Total expenses | $42,665 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,015 |
| Other assets | $0 |
| Total assets | $92,729 |
| Total liabilities | $0 |
| Net assets or fund balances | $92,729 |