Civic Intelligence

Bicycles Against Poverty

990 • Fiscal year 2021 • EIN 27-1175814

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

Organization ProfileWWW.CYCLECONNECT.ORG
244 Fifth Avenue No D222New York, NY 10001

(914) 882-1955

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.18x

Higher debt load relative to assets than 78% of similar nonprofits.

2021 filings • NTEE Q • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

0.40x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • NTEE Q • $1M-$5M nonprofits • Source year 2021

Net Margin

39th percentile

4.2%

Higher net margin than 39% of similar nonprofits.

2021 filings • NTEE Q • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

54th percentile

$44,437

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2021 filings • NTEE Q • $1M-$5M nonprofits • Source year 2021

Asset Growth

80th percentile

62%

Faster asset growth than 80% of similar nonprofits.

2021 filings • NTEE Q • $1M-$5M nonprofits • Annualized from 2018 to 2021

Revenue Growth

47th percentile

17%

Faster revenue growth than 47% of similar nonprofits.

2021 filings • NTEE Q • $1M-$5M nonprofits • Annualized from 2018 to 2021

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$1,115,371

Up $853,452 (+326%) from 2018

Net Assets

Up

$916,169

Up $660,241 (+258%) from 2018

Liabilities

Up

$199,202

Up $193,211 (+3225%) from 2018

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin39th percentile

Revenue

Up

$497,055

Up $188,992 (+61%) from 2018

Expenses

Up

$476,208

Up $287,305 (+152%) from 2018

Net Income

Down

$20,847

Down $98,313 (-83%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2014: $59,868Liabilities 2014: $0Net Assets 2014: $59,8682014Assets 2017: $136,768Liabilities 2017: $0Net Assets 2017: $136,7682017Assets 2018: $261,919Liabilities 2018: $5,991Net Assets 2018: $255,9282018Assets 2021: $1,115,371Liabilities 2021: $199,202Net Assets 2021: $916,1692021Assets 2022: $425,388Liabilities 2022: $231,971Net Assets 2022: $193,4172022Assets 2023: $279,387Liabilities 2023: $329,944Net Assets 2023: -$50,5572023Assets 2024: $408,378Liabilities 2024: $150,576Net Assets 2024: $257,8022024

Highlighted filing

2021

Assets$1,115,371
Liabilities$199,202
Net Assets$916,169
Open 2021 Filing

Operations Trend

Revenue Growth47th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2014: $105,420Expenses 2014: $104,568Net Income 2014: $8522014Revenue 2017: $219,863Expenses 2017: $195,257Net Income 2017: $24,6062017Revenue 2018: $308,063Expenses 2018: $188,903Net Income 2018: $119,1602018Revenue 2021: $497,055Expenses 2021: $476,208Net Income 2021: $20,8472021Revenue 2022: $467,664Expenses 2022: $707,938Net Income 2022: -$240,2742022Revenue 2023: $532,819Expenses 2023: $776,793Net Income 2023: -$243,9742023Revenue 2024: $671,360Expenses 2024: $363,001Net Income 2024: $308,3592024

Highlighted filing

2021

Revenue$497,055
Expenses$476,208
Net Income$20,847
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.2
Gross Receipts
$497,055
Mission and Program Overview

Mission

The mission of cycle connect is to increase income for smallholder farmers in east africa through productive asset-financing and training.

To enable our clients to invest in their future to propel themselves and their families forward

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$203,249$454,978▲ $251,729
Pledges and Grants Receivable$575,824$371,270▼ $204,554
Cash and Non-Interest-Bearing Accounts$324,128$283,461▼ $40,667
Total Assets$1,103,564$1,115,371▲ $11,807
Other Assets Total$363$5,662▲ $5,299
Liabilities
Unsecured Notes Loans Payable$158,548$171,143▲ $12,595
Accounts Payable and Accrued Expenses$694$28,059▲ $27,365
Total Liabilities$159,242$199,202▲ $39,960
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$944,322$916,169▼ $28,153
Total Net Assets Fund Balance$944,322$916,169▼ $28,153
Total Liabilities and Net Assets / Fund Balance$1,103,564$1,115,371▲ $11,807
Compensation and Service Providers
Top Officer Pay54th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Molly BurkeExecutive DirectorFT$44,437$44,437

Board Members and Trustees

NameTitle
William MorrowBoard Chair
Adam RosenbergVice Chair
Brett EarnestDirector
Charles KreitlerDirector
Edward RobinsonDirector
Erick DavisDirector
Gerald FaranoDirector
Julius KigunduDirector
Kathryn DutileDirector
Nathanial PetersonDirector
Dick MuyambiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$497,055
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$480,173
Change in Net Assets
$20,847
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$284,000
Other Expenses$100,981
Salaries, Compensation, and Employee Benefits$91,227
Total Fundraising Expense$25,467
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$284,000--$284,000
Current Officers, Directors, Trustees, and Key Employees$29,200$17,201$10,300$56,701
Fees for Services Accounting$14,315$31,637$2,211$48,163
Fees for Services Other$8,859$19,578$1,368$29,805
Other Salaries and Wages$14,608$8,605$5,152$28,365
Interest$8,124--$8,124
Payroll Taxes$2,677$1,577$944$5,198
Information Technology$1,439$3,180$222$4,841
Other Employee Benefits$496$292$175$963
Occupancy$272$600$42$914
Advertising$192$424$30$646
Insurance$149$328$23$500
Office Expenses$118$261$18$397
Other Expenses$2,431-$368$368
Travel$33$74$5$112
Fees for Services Legal$22$49$3$74
Total Functional Expenses$366,935$83,806$25,467$476,208
International Activity

International Summary

Offices
2
Employees
29
Spending
$471,887

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-saharan Africa - Angola, Benin, Botswana, Burkina Faso,Grants to Recipient Located in the Region---$284,000
Sub-saharan Africa - Angola, Benin, Botswana, Burkina Faso,Program ServicesProductive Asset-financing and Training229$187,887
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by an independent accounting firm and a draft is reviewed by management, who then makes it available to the board of directors for review prior to filing it.”

Form 990, Part VI, Section B, Line 12C

“The organization's officers and directors are required to disclose or update annually information regarding their interests that could give rise to conflicts. Disclosures are reviewed by the board of directors, and conflicts of interest are resolved by the board of directors if needed. If a conflict exists, the interested person shall not vote or use any personal influence in regard to the matter (except that he or she may state a position on the matter and respond to questions about it). However, such director or officer may be counted in determining the quorum for the meeting at which the matter is voted upon. The minutes of the meeting shall reflect that the disclosure was made and that such director or officer abstained from voting. No contract or transaction in which a director or officer has an interest shall be knowingly entered into by the committee, unless it has been authorized in good faith by the board of directors pursuant to the pennsylvania nonprofit corporation law.”

Form 990, Part VI, Section B, Line 15A

“Prior to the annual budget review and approval, the compensation review takes place. Select members of the board do an evaluation of the ceo by jointly looking at actual vs. Targets and previously personal ceo-set objectives. Compensation is determined by that, in combination with the market of other ceos in similar cases and budget sizes. There is an informal budget percentage threshold below which the ceo salary is to be kept, as well as one that looks at all management salaries against percent of budget.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflicts of interest policy and financial statements are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Cycle Connect Inc
EIN
27-1175814
Phone
9148821955
Address
244 FIFTH AVENUE NO D222, NEW YORK, NY 10001

Signing Officer

Name
Molly Burke
Title
Executive Director
Phone
9148821955
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Molly Burke
Formed
2009
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
2
Volunteers
0

Preparer

Firm
Friedman Llp
Address
2000 MARKET STREET SUITE 500, PHILADELPHIA, PA 19103
Preparer
Denise Mcknight
Phone
2154969200
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Management of the organization considers the likelihood of changes by taxing authorities in its filed income tax returns and recognizes a liability for or discloses potential significant changes that management believes are more likely than not to occur upon examination by tax authorities, including changes to the organization's status as a not-for-profit entity. Management believes the organization met the requirements to maintain its tax-exempt status and has not identified any uncertain tax positions subject to the unrelated business income tax that require recognition or disclosure in the accompanying financial consolidated statements.”

Raw XML AppendixShowing 400 of 507 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0694
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt028059
IRS990/AccountsReceivableGrp/BOYAmt0203249
IRS990/AccountsReceivableGrp/EOYAmt0454978
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ENABLE OUR CLIENTS TO INVEST IN THEIR FUTURE TO PROPEL THEMSELVES AND THEIR FAMILIES FORWARD
IRS990/AdvertisingGrp/FundraisingAmt030
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0424
IRS990/AdvertisingGrp/ProgramServicesAmt0192
IRS990/AdvertisingGrp/TotalAmt0646
IRS990/AllOtherContributionsAmt0480173
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MOLLY BURKE
IRS990/BooksInCareOfDetail/PhoneNum09148821955
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0244 FIFTH AVENUE NO D222
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010001
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0324128
IRS990/CashNonInterestBearingGrp/EOYAmt0283461
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt010300
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt017201
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt029200
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt056701
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0497055
IRS990/CYGrantsAndSimilarPaidAmt0284000
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0100981
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt020847
IRS990/CYSalariesCompEmpBnftPaidAmt091227
IRS990/CYTotalExpensesAmt0476208
IRS990/CYTotalFundraisingExpenseAmt025467
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0497055
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0DISTRIBUTING LEASE-TO-OWN PRODUCTIVE ASSETS TO SMALLHOLDER FARMERS IN UGANDA. IN THE FISCAL YEAR, WE REACHED MORE THAN 3,200 FAMILIES ACROSS NORTHERN UGANDA.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0366935
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/FundraisingAmt02211
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt031637
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt014315
IRS990/FeesForServicesAccountingGrp/TotalAmt048163
IRS990/FeesForServicesLegalGrp/FundraisingAmt03
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt049
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt022
IRS990/FeesForServicesLegalGrp/TotalAmt074
IRS990/FeesForServicesOtherGrp/FundraisingAmt01368
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt019578
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt08859
IRS990/FeesForServicesOtherGrp/TotalAmt029805
IRS990/ForeignActivitiesInd01
IRS990/ForeignCountryCd0UG
IRS990/ForeignFinancialAccountInd01
IRS990/ForeignGrantsGrp/ProgramServicesAmt0284000
IRS990/ForeignGrantsGrp/TotalAmt0284000
IRS990/ForeignOfficeInd01
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM MORROW
IRS990/Form990PartVIISectionAGrp/PersonNm1DICK MUYAMBI
IRS990/Form990PartVIISectionAGrp/PersonNm2ERICK DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm3KATHRYN DUTILE
IRS990/Form990PartVIISectionAGrp/PersonNm4BRETT EARNEST
IRS990/Form990PartVIISectionAGrp/PersonNm5GERALD FARANO
IRS990/Form990PartVIISectionAGrp/PersonNm6CHARLES KREITLER
IRS990/Form990PartVIISectionAGrp/PersonNm7EDWARD ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm8ADAM ROSENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm9JULIUS KIGUNDU
IRS990/Form990PartVIISectionAGrp/PersonNm10NATHANIAL PETERSON
IRS990/Form990PartVIISectionAGrp/PersonNm11MOLLY BURKE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1144437
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt016882
IRS990/GrantAmt0284000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0497055
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0222
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03180
IRS990/InformationTechnologyGrp/ProgramServicesAmt01439
IRS990/InformationTechnologyGrp/TotalAmt04841
IRS990/InsuranceGrp/FundraisingAmt023
IRS990/InsuranceGrp/ManagementAndGeneralAmt0328
IRS990/InsuranceGrp/ProgramServicesAmt0149
IRS990/InsuranceGrp/TotalAmt0500
IRS990/InterestGrp/ProgramServicesAmt08124
IRS990/InterestGrp/TotalAmt08124
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF CYCLE CONNECT IS TO INCREASE INCOME FOR SMALLHOLDER FARMERS IN EAST AFRICA THROUGH PRODUCTIVE ASSET-FINANCING AND TRAINING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt0944322
IRS990/NetAssetsOrFundBalancesEOYAmt0916169
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0944322
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0916169
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt042
IRS990/OccupancyGrp/ManagementAndGeneralAmt0600
IRS990/OccupancyGrp/ProgramServicesAmt0272
IRS990/OccupancyGrp/TotalAmt0914
IRS990/OfficeExpensesGrp/FundraisingAmt018
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0261
IRS990/OfficeExpensesGrp/ProgramServicesAmt0118
IRS990/OfficeExpensesGrp/TotalAmt0397
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0363
IRS990/OtherAssetsTotalGrp/EOYAmt05662
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0175
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0292
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0496
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0963
IRS990/OtherExpensesGrp/Desc0FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/Desc1EXCHANGE LOSS
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/FundraisingAmt04606
IRS990/OtherExpensesGrp/FundraisingAmt1368
IRS990/OtherExpensesGrp/ProgramServicesAmt02431
IRS990/OtherExpensesGrp/TotalAmt04606
IRS990/OtherExpensesGrp/TotalAmt12431
IRS990/OtherExpensesGrp/TotalAmt2368
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05152
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08605
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt014608
IRS990/OtherSalariesAndWagesGrp/TotalAmt028365
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0944
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01577
IRS990/PayrollTaxesGrp/ProgramServicesAmt02677
IRS990/PayrollTaxesGrp/TotalAmt05198
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0575824
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0371270
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MOLLY BURKE
IRS990/PriorPeriodAdjustmentsAmt0-49000
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01200598
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0270840
IRS990/PYInvestmentIncomeAmt015
IRS990/PYOtherExpensesAmt068653
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0779029
IRS990/PYSalariesCompEmpBnftPaidAmt082091
IRS990/PYTotalExpensesAmt0421584
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01200613
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt020847
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0497055
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01200598
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0474709
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0285543
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0197046
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02654951
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0416
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0431
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06026
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt08401
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt03762
IRS990ScheduleA/OtherIncome170Grp/TotalAmt018189
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.63470
IRS990ScheduleA/PublicSupportPY170Pct00.58590
IRS990ScheduleA/PublicSupportTotal170Amt01696990
IRS990ScheduleA/SubstantialContributorsTotAmt0957961
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0497055
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01200598
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0474709
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0285543
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0197046
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02654951
IRS990ScheduleA/TotalSupportAmt02673571
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF THE ORGANIZATION CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR UPON EXAMINATION BY TAX AUTHORITIES, INCLUDING CHANGES TO THE ORGANIZATION'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE ORGANIZATION MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS SUBJECT TO THE UNRELATED BUSINESS INCOME TAX THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL CONSOLIDATED STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt029
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt02
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0187887
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1284000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0PRODUCTIVE ASSET-FINANCING AND TRAINING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1GRANTS TO RECIPIENT LOCATED IN THE REGION
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd01
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0284000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0PRODUCTIVE ASSET-FINANCING AND TRAINING
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt029
IRS990ScheduleF/SubtotalOfficesCnt02
IRS990ScheduleF/SubtotalSpentAmt0471887
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE MADE TO THE ORGANIZATION'S SUBSIDIARY IN THE REGION TO CARRY OUT THE ORGANIZATION'S MISSION. PERIODIC REPORTS AND ANNUAL FINANCIAL STATEMENTS ARE SUBMITTED.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III ACCOUNTING METHOD:
IRS990ScheduleF/TotalEmployeeCnt029
IRS990ScheduleF/TotalOfficeCnt02
IRS990ScheduleF/TotalSpentAmt0471887
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND A DRAFT IS REVIEWED BY MANAGEMENT, WHO THEN MAKES IT AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE OR UPDATE ANNUALLY INFORMATION REGARDING THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS. DISCLOSURES ARE REVIEWED BY THE BOARD OF DIRECTORS, AND CONFLICTS OF INTEREST ARE RESOLVED BY THE BOARD OF DIRECTORS IF NEEDED. IF A CONFLICT EXISTS, THE INTERESTED PERSON SHALL NOT VOTE OR USE ANY PERSONAL INFLUENCE IN REGARD TO THE MATTER (EXCEPT THAT HE OR SHE MAY STATE A POSITION ON THE MATTER AND RESPOND TO QUESTIONS ABOUT IT). HOWEVER, SUCH DIRECTOR OR OFFICER MAY BE COUNTED IN DETERMINING THE QUORUM FOR THE MEETING AT WHICH THE MATTER IS VOTED UPON. THE MINUTES OF THE MEETING SHALL REFLECT THAT THE DISCLOSURE WAS MADE AND THAT SUCH DIRECTOR OR OFFICER ABSTAINED FROM VOTING. NO CONTRACT OR TRANSACTION IN WHICH A DIRECTOR OR OFFICER HAS AN INTEREST SHALL BE KNOWINGLY ENTERED INTO BY THE COMMITTEE, UNLESS IT HAS BEEN AUTHORIZED IN GOOD FAITH BY THE BOARD OF DIRECTORS PURSUANT TO THE PENNSYLVANIA NONPROFIT CORPORATION LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR TO THE ANNUAL BUDGET REVIEW AND APPROVAL, THE COMPENSATION REVIEW TAKES PLACE. SELECT MEMBERS OF THE BOARD DO AN EVALUATION OF THE CEO BY JOINTLY LOOKING AT ACTUAL VS. TARGETS AND PREVIOUSLY PERSONAL CEO-SET OBJECTIVES. COMPENSATION IS DETERMINED BY THAT, IN COMBINATION WITH THE MARKET OF OTHER CEOS IN SIMILAR CASES AND BUDGET SIZES. THERE IS AN INFORMAL BUDGET PERCENTAGE THRESHOLD BELOW WHICH THE CEO SALARY IS TO BE KEPT, AS WELL AS ONE THAT LOOKS AT ALL MANAGEMENT SALARIES AGAINST PERCENT OF BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0CYCLE CONNECT INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/AddressLine1Txt021 CHURCHILL DRIVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/CityNm0GULU
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/CountryCd0UG
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileForeignCountryCd0UG
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0TO CONNECT FARMERS IN UGANDA WITH THE NECESSARY TOOLS TO THRIVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0CYCLE CONNECT LIMITED
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt0687857
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt0458090
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,115,371
Liabilities
$199,202
Net assets
$916,169
Revenue
$497,055
Expenses
$476,208
Net income
$20,847
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.41$0.15$0.26$0.67$0.36$0.31
2023Detailed filing. Detailed filing data is available for this year.$0.28$0.33$0.05$0.53$0.78$0.24
2022Detailed filing. Detailed filing data is available for this year.$0.43$0.23$0.19$0.47$0.71$0.24
2021Detailed filing. Detailed filing data is available for this year.$1.12$0.20$0.92$0.50$0.48$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.01$0.26$0.31$0.19$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.22$0.20$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.11$0.10$0.00