Civic Intelligence

Richmond Cycling Corps

990EZ • Fiscal year 2023 • EIN 58-2508155

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 17, 2024

13 S 15th StreetRichmond, VA 23219

(804) 255-9230

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

27th percentile

-10%

Higher net margin than 27% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

91st percentile

$45,011

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 24.6% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

16th percentile

-32%

Faster asset growth than 16% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

23rd percentile

-23%

Faster revenue growth than 23% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Flat

$40,175

Flat from 2023

Net Assets

$40,175

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Flat

$183,193

Flat from 2023

Expenses

Flat

$202,374

Flat from 2023

Net Income

Flat

-$19,181

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $59,360Liabilities 2011: $02011Assets 2012: $58,739Liabilities 2012: $02012Assets 2013: $175,002Liabilities 2013: $1,648Net Assets 2013: $173,3542013Assets 2014: $265,810Liabilities 2014: $6,561Net Assets 2014: $259,2492014Assets 2015: $374,056Liabilities 2015: $1,598Net Assets 2015: $372,4582015Assets 2016: $418,764Liabilities 2016: $4,793Net Assets 2016: $413,9712016Assets 2017: $626,849Liabilities 2017: $234,523Net Assets 2017: $392,3262017Assets 2018: $116,024Liabilities 2018: $4,237Net Assets 2018: $111,7872018Assets 2019: $50,138Liabilities 2019: $4,0312019Assets 2020: $86,272Net Assets 2020: $86,2722020Assets 2021: $57,038Net Assets 2021: $57,0382021Assets 2022: $59,356Liabilities 2022: $0Net Assets 2022: $59,3562022Assets 2023: $40,175Net Assets 2023: $40,1752023Assets 2023: $40,175Liabilities 2023: $02023Assets 2024: $118,583Liabilities 2024: $0Net Assets 2024: $118,5832024

Highlighted filing

2023

Assets$40,175
Liabilities-
Net Assets$40,175

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $116,867Expenses 2011: $88,088Net Income 2011: $28,7792011Revenue 2012: $266,486Expenses 2012: $244,622Net Income 2012: $21,8642012Revenue 2013: $502,569Expenses 2013: $395,347Net Income 2013: $107,2222013Revenue 2014: $546,433Expenses 2014: $462,194Net Income 2014: $84,2392014Revenue 2015: $643,433Expenses 2015: $540,321Net Income 2015: $103,1122015Revenue 2016: $638,978Expenses 2016: $596,878Net Income 2016: $42,1002016Revenue 2017: $561,965Expenses 2017: $562,374Net Income 2017: -$4092017Revenue 2018: $11,681Expenses 2018: $347,254Net Income 2018: -$335,5732018Revenue 2019: $140,614Expenses 2019: $206,294Net Income 2019: -$65,6802019Revenue 2020: $137,126Expenses 2020: $94,586Net Income 2020: $42,5402020Revenue 2021: $165,443Expenses 2021: $194,677Net Income 2021: -$29,2342021Revenue 2022: $238,525Expenses 2022: $236,207Net Income 2022: $2,3182022Revenue 2023: $183,193Expenses 2023: $202,374Net Income 2023: -$19,1812023Revenue 2023: $183,193Expenses 2023: $202,374Net Income 2023: -$19,1812023Revenue 2024: $297,237Expenses 2024: $214,120Net Income 2024: $83,1172024

Highlighted filing

2023

Revenue$183,193
Expenses$202,374
Net Income-$19,181
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 17, 2024
Return Version
2023v5.0
Gross Receipts
$183,193
Mission and Program Overview

Mission

Richmond Cycling Corps (RCC) is a prestigious organization focused on development of young adult character with use of bicycle racing as the primary means of member recruitment.

Richmond cycling corps (rcc) uses cycling as our platform for change. We infuse ourselves; our passion, our values, our creativity, our drive, and our dedication into the lives of our youth. We have fun. We laugh. We teach. We learn. We promise our youth, that if they stay with richmond cycling corps, they will receive the tools and education necessary to pull themselves up out of poverty. We also promise our unconditional love and support to each youth. We will never break our promise. We will never become set in our ways; we will always be dynamic in our approach to changing youth lives. We are fearless in our approach to our purpose. We will not become tangled in red-tape, policy, politics, and talking heads. We will always deliver action, not messaging. Life is too short, and we, including our youth, have a lot to accomplish. We will always be passionate towards our purpose. Richmond cycling corps: can't stop. Won't stop.

Program Services

DescriptionGrantsExpenses
RCC CONTINUED PROVIDING COMPREHENSIVE COACHING AND MENTORING SERVICES TO YOUTH LIVING IN PUBLIC HOUSING. THE CYCLING PROGRAM CONTINUED TO REACH 15 YOUTH WHO WERE THE BENEFICIARIES OF MENTORING, EMPLOYMENT OPPORTUNITIES, ACADEMIC SUPPORT, COUNSELING, HEALTH AND DENTAL SERVICES, AND PATHWAYS AWAY FROM GANGS, DRUG USE, AND VIOLENCE. THE ACADEMIC SUPPORT, WHICH WAS EXPANDED IN 2017 AND NAMED LEGACY ACADEMY, INCLUDES A FULL-TIME SCHOOL PROVIDING A LOW STUDENT-TEACHER RATIO AND A RICH AND VARIED CURRICULUM. ARMSTRONG BIKE PARK - THE ARMSTRONG BIKE PARK IS THE NATION'S FIRST AND ONLY INNER-CITY MOUNTAIN BIKE PARK. CONSTRUCTED ON A 10 ACRE ABANDONED FIELD NEXT TO ARMSTRONG HIGH SCHOOL, WITHIN THE PUBLIC HOUSING NEIGHBORHOOD OF FAIRFIELD COURT, THE 1.5 MILE TRAIL BOASTS 22 DIFFERENT SKILL- FEATURES. THE PARK WAS LAUNCHED AS A TRAINING COURSE FOR THE ARMSTRONG CYCLING TEAM - AND EQUALLY IMPORTANT, A POINT OF ENTRY INTO MOUNTAIN BIKING FOR INNER- CITY AREA YOUTH AND RICHMOND PUBLIC SCHOOL STUDENTS. CYCLING TEAM - IN FEBRUARY OF 2014, RCC LAUNCHED THE NATION'S FIRST AND ONLY INNER-CITY HIGH SCHOOL CYCLING TEAM OUT OF ARMSTRONG HIGH SCHOOL. REFUSING TO BECOME A NOVELTY, THE TEAM TRAINED HARD, FOSTERING SOLID RESULTS IN THEIR FIRST YEAR. IN FACT, THE TEAM PRODUCED TWO COMPETITIVE VARSITY ATHLETES RIGHT OUT OF THE BLOCKS, WITH FOUR WOMEN COMPRISING A RESPECTED JV SQUAD. THIS NATURAL PROGRESSION INTO THE HIGH SCHOOL RANKS, HAS PROVEN INSTRUMENTAL TOWARDS OUR YOUTH RETENTION - AS CYCLING IS NOW AVAILABLE AS A PART OF THEIR HIGH SCHOOL EXPERIENCE - A RECOGNIZED HIGH SCHOOL SPORT IN THE PRESTIGIOUS NATIONAL INTERSCHOLASTIC CYCLING ASSOCIATION (NICA).-$174,539
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATTHEW KUHNExecutive DiFT$45,011-$45,011
KATHY ANN HOOFBoard Chair-$0--
LAUREN KERNTreasurer-$0--
NATIMA JONESVice-Chair-$0--
LAKESHIA ALLENSecretary-$0--
Filing and Contact Details

Filer

Filer Name
People Cycle Inc
EIN
58-2508155
Phone
8042559230
Address
13 S 15TH STREET, RICHMOND, VA 23219

Signing Officer

Name
Matthew Kuhn
Title
Executive Director
Phone
8042559230
Signed
2024-10-17
Discuss with paid preparer
Yes

Preparer

Firm
Berg and Berg Services LLC
Address
304 N SNEAD STREET, ASHLAND, VA 23005
Preparer
Lorraine E Berg
Phone
8049080641
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 1,689 office supplies 26 computers & internet 1,600 vehicle expense 1,247 travel 5,658 insurance - general 1,630 insurance - auto 3,179 bank service charges 700 bicycle clothing 127 bicycle equipment 10,910 bicycle parts & repair 137 dues & subscriptions 3,493 licenses & fees 35 meals & food supplies 483 program expenses 5,946 repairs & maintenance 392 supplies 2,859 taxes 1,705 total 41,816

Form 990-ez, Part II, Line 24

Furniture & equipment 17,814 17,814 less accumulated depreciation 17,814 17,814 rental deposit 9,760 9,760 total 9,760 9,760

Form 990-ez, Part III

Richmond cycling corps (rcc) uses cycling as our platform for change. We infuse ourselves; our passion, our values, our creativity, our drive, and our dedication into the lives of our youth. We have fun. We laugh. We teach. We learn. We promise our youth, that if they stay with richmond cycling corps, they will receive the tools and education necessary to pull themselves up out of poverty. We also promise our unconditional love and support to each youth. We will never break our promise. We will never become set in our ways; we will always be dynamic in our approach to changing youth lives. We are fearless in our approach to our purpose. We will not become tangled in red-tape, policy, politics, and talking heads. We will always deliver action, not messaging. Life is too short, and we, including our youth, have a lot to accomplish. We will always be passionate towards our purpose. Richmond cycling corps: can't stop. Won't stop.

Form 990-ez, Part III, Line 28

Rcc continued providing comprehensive coaching and mentoring services to youth living in public housing. The cycling program continued to reach 15 youth who were the beneficiaries of mentoring, employment opportunities, academic support, counseling, health and dental services, and pathways away from gangs, drug use, and violence. The academic support, which was expanded in 2017 and named legacy academy, includes a full-time school providing a low student-teacher ratio and a rich and varied curriculum. Armstrong bike park - the armstrong bike park is the nation's first and only inner-city mountain bike park. Constructed on a 10 acre abandoned field next to armstrong high school, within the public housing neighborhood of fairfield court, the 1.5 mile trail boasts 22 different skill- features. The park was launched as a training course for the armstrong cycling team - and equally important, a point of entry into mountain biking for inner- city area youth and richmond public school students. Cycling team - in february of 2014, rcc launched the nation's first and only inner-city high school cycling team out of armstrong high school. Refusing to become a novelty, the team trained hard, fostering solid results in their first year. In fact, the team produced two competitive varsity athletes right out of the blocks, with four women comprising a respected jv squad. This natural progression into the high school ranks, has proven instrumental towards our youth retention - as cycling is now available as a part of their high school experience - a recognized high school sport in the prestigious national interscholastic cycling association (nica).

Raw XML Appendix147 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 1,689 OFFICE SUPPLIES 26 COMPUTERS & INTERNET 1,600 VEHICLE EXPENSE 1,247 TRAVEL 5,658 INSURANCE - GENERAL 1,630 INSURANCE - AUTO 3,179 BANK SERVICE CHARGES 700 BICYCLE CLOTHING 127 BICYCLE EQUIPMENT 10,910 BICYCLE PARTS & REPAIR 137 DUES & SUBSCRIPTIONS 3,493 LICENSES & FEES 35 MEALS & FOOD SUPPLIES 483 PROGRAM EXPENSES 5,946 REPAIRS & MAINTENANCE 392 SUPPLIES 2,859 TAXES 1,705 TOTAL 41,816
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FURNITURE & EQUIPMENT 17,814 17,814 LESS ACCUMULATED DEPRECIATION 17,814 17,814 RENTAL DEPOSIT 9,760 9,760 TOTAL 9,760 9,760
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RICHMOND CYCLING CORPS (RCC) USES CYCLING AS OUR PLATFORM FOR CHANGE. WE INFUSE OURSELVES; OUR PASSION, OUR VALUES, OUR CREATIVITY, OUR DRIVE, AND OUR DEDICATION INTO THE LIVES OF OUR YOUTH. WE HAVE FUN. WE LAUGH. WE TEACH. WE LEARN. WE PROMISE OUR YOUTH, THAT IF THEY STAY WITH RICHMOND CYCLING CORPS, THEY WILL RECEIVE THE TOOLS AND EDUCATION NECESSARY TO PULL THEMSELVES UP OUT OF POVERTY. WE ALSO PROMISE OUR UNCONDITIONAL LOVE AND SUPPORT TO EACH YOUTH. WE WILL NEVER BREAK OUR PROMISE. WE WILL NEVER BECOME SET IN OUR WAYS; WE WILL ALWAYS BE DYNAMIC IN OUR APPROACH TO CHANGING YOUTH LIVES. WE ARE FEARLESS IN OUR APPROACH TO OUR PURPOSE. WE WILL NOT BECOME TANGLED IN RED-TAPE, POLICY, POLITICS, AND TALKING HEADS. WE WILL ALWAYS DELIVER ACTION, NOT MESSAGING. LIFE IS TOO SHORT, AND WE, INCLUDING OUR YOUTH, HAVE A LOT TO ACCOMPLISH. WE WILL ALWAYS BE PASSIONATE TOWARDS OUR PURPOSE. RICHMOND CYCLING CORPS: CAN'T STOP. WON'T STOP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RCC CONTINUED PROVIDING COMPREHENSIVE COACHING AND MENTORING SERVICES TO YOUTH LIVING IN PUBLIC HOUSING. THE CYCLING PROGRAM CONTINUED TO REACH 15 YOUTH WHO WERE THE BENEFICIARIES OF MENTORING, EMPLOYMENT OPPORTUNITIES, ACADEMIC SUPPORT, COUNSELING, HEALTH AND DENTAL SERVICES, AND PATHWAYS AWAY FROM GANGS, DRUG USE, AND VIOLENCE. THE ACADEMIC SUPPORT, WHICH WAS EXPANDED IN 2017 AND NAMED LEGACY ACADEMY, INCLUDES A FULL-TIME SCHOOL PROVIDING A LOW STUDENT-TEACHER RATIO AND A RICH AND VARIED CURRICULUM. ARMSTRONG BIKE PARK - THE ARMSTRONG BIKE PARK IS THE NATION'S FIRST AND ONLY INNER-CITY MOUNTAIN BIKE PARK. CONSTRUCTED ON A 10 ACRE ABANDONED FIELD NEXT TO ARMSTRONG HIGH SCHOOL, WITHIN THE PUBLIC HOUSING NEIGHBORHOOD OF FAIRFIELD COURT, THE 1.5 MILE TRAIL BOASTS 22 DIFFERENT SKILL- FEATURES. THE PARK WAS LAUNCHED AS A TRAINING COURSE FOR THE ARMSTRONG CYCLING TEAM - AND EQUALLY IMPORTANT, A POINT OF ENTRY INTO MOUNTAIN BIKING FOR INNER- CITY AREA YOUTH AND RICHMOND PUBLIC SCHOOL STUDENTS. CYCLING TEAM - IN FEBRUARY OF 2014, RCC LAUNCHED THE NATION'S FIRST AND ONLY INNER-CITY HIGH SCHOOL CYCLING TEAM OUT OF ARMSTRONG HIGH SCHOOL. REFUSING TO BECOME A NOVELTY, THE TEAM TRAINED HARD, FOSTERING SOLID RESULTS IN THEIR FIRST YEAR. IN FACT, THE TEAM PRODUCED TWO COMPETITIVE VARSITY ATHLETES RIGHT OUT OF THE BLOCKS, WITH FOUR WOMEN COMPRISING A RESPECTED JV SQUAD. THIS NATURAL PROGRESSION INTO THE HIGH SCHOOL RANKS, HAS PROVEN INSTRUMENTAL TOWARDS OUR YOUTH RETENTION - AS CYCLING IS NOW AVAILABLE AS A PART OF THEIR HIGH SCHOOL EXPERIENCE - A RECOGNIZED HIGH SCHOOL SPORT IN THE PRESTIGIOUS NATIONAL INTERSCHOLASTIC CYCLING ASSOCIATION (NICA).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
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ReturnHeader/Filer/BusinessNameControlTxt0PEOP
ReturnHeader/Filer/EIN0582508155
ReturnHeader/Filer/PhoneNum08042559230
ReturnHeader/Filer/USAddress/AddressLine1Txt013 S 15TH STREET
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023219
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0931357212
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERG AND BERG SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0304 N SNEAD STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ASHLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023005
ReturnHeader/PreparerPersonGrp/PhoneNum08049080641
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORRAINE E BERG
ReturnHeader/ReturnTs02024-11-05T17:05:46-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.00$1.19$2.97$2.14$0.83
2023Detailed filing. Detailed filing data is available for this year.$0.40$0.40$1.83$2.02$0.19
2023Summary only. Only limited summary data is available for this year.$0.40$0.00$1.83$2.02$0.19
2022Summary only. Only limited summary data is available for this year.$0.59$0.00$0.59$2.39$2.36$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.57$1.65$1.95$0.29
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.86$1.37$0.95$0.43
2019Summary only. Only limited summary data is available for this year.$0.50$0.04$1.41$2.06$0.66
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.04$1.12$0.12$3.47$3.36
2017Summary only. Only limited summary data is available for this year.$6.27$2.35$3.92$5.62$5.62$0.00
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.19$0.05$4.14$6.39$5.97$0.42
2015Detailed filing. Detailed filing data is available for this year.$3.74$0.02$3.72$6.43$5.40$1.03
2014Detailed filing. Detailed filing data is available for this year.$2.66$0.07$2.59$5.46$4.62$0.84
2013Summary only. Only limited summary data is available for this year.$1.75$0.02$1.73$5.03$3.95$1.07
2012Summary only. Only limited summary data is available for this year.$0.59$0.00$2.66$2.45$0.22
2011Summary only. Only limited summary data is available for this year.$0.59$0.00$1.17$0.88$0.29