Civic Intelligence

Velo Development Foundation

990EZ • Fiscal year 2013 • EIN 61-1536916

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 13, 2014

Organization Profilewww.velodevelopment.org
33 Buckeye CircleSan Anselmo, CA 94973

(415) 920-3062

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

58th percentile

6.4%

Higher net margin than 58% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

79th percentile

$13,000

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

90th percentile

87%

Faster asset growth than 90% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

88th percentile

60%

Faster revenue growth than 88% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$21,964

Up $10,200 (+87%) from 2012

Net Assets

$21,964

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2012

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin58th percentile

Revenue

Up

$158,915

Up $59,893 (+60%) from 2012

Expenses

Up

$148,715

Up $43,097 (+41%) from 2012

Net Income

Up

$10,200

Up $16,796 (+255%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$40K$30K$20K$10K$0Assets 2011: $18,360Liabilities 2011: $02011Assets 2012: $11,764Liabilities 2012: $02012Assets 2013: $21,964Liabilities 2013: $0Net Assets 2013: $21,9642013Assets 2014: $36,959Liabilities 2014: $0Net Assets 2014: $36,9592014Assets 2015: $39,645Liabilities 2015: $1,931Net Assets 2015: $37,7142015Assets 2016: $30,268Liabilities 2016: $3,224Net Assets 2016: $27,0442016Assets 2017: $32,051Liabilities 2017: $14,190Net Assets 2017: $17,8612017Assets 2018: $0Net Assets 2018: $02018

Highlighted filing

2013

Assets$21,964
Liabilities$0
Net Assets$21,964
Open 2013 Filing

Operations Trend

Revenue Growth88th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $89,831Expenses 2011: $85,634Net Income 2011: $4,1972011Revenue 2012: $99,022Expenses 2012: $105,618Net Income 2012: -$6,5962012Revenue 2013: $158,915Expenses 2013: $148,715Net Income 2013: $10,2002013Revenue 2014: $161,849Expenses 2014: $146,854Net Income 2014: $14,9952014Revenue 2015: $135,555Expenses 2015: $134,800Net Income 2015: $7552015Revenue 2016: $84,757Expenses 2016: $95,427Net Income 2016: -$10,6702016Revenue 2017: $107,154Expenses 2017: $116,337Net Income 2017: -$9,1832017Revenue 2018: $106,787Expenses 2018: $124,648Net Income 2018: -$17,8612018

Highlighted filing

2013

Revenue$158,915
Expenses$148,715
Net Income$10,200
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 13, 2014
Return Version
2013v3.1
Gross Receipts
$158,915
Mission and Program Overview

Mission

The velo development foundation is a 501(c)(3) nonprofit organization created to promote and support the development of young cyclists at the recreational and competitive level.

Program Services

DescriptionGrantsExpenses
Velo Development Foundation is a group of individuals who are cycling enthusiasts and kids at heart. The Organization's mission is to help cycling's next generation. By helping young cyclists develop in a healthy, supportive environment, their involvement in the sport shapes its positive growth and the future of our community.Velo Development Foundation helps offset the cost of training, equipment, clothing and racing expenses for the young cyclist through financial support, and provide mental, physical and skills training resources.The Velo Development Foundation provides a series of free mentored road riding clinics during the Fall/Winter for juniors in Northern California. Intended to help promote positive growth and support for the aspiring junior cyclist community, each clinic focuses on a different aspect of road cycling and/or racing.Rides are mentored by experienced riders, racers, and coaches all volunteering their time to promote youth cycling. For each ride there is a head mentor who takes responsibility for the route and ride organization.$142,271-
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matt McCourtneyPresidentPT$13,000-$13,000
David SimonSecretaryPT$0--
John HuntTreasurerPT$0--
Filing and Contact Details

Filer

EIN
61-1536916
Phone
4159203062

Signing Officer

Name
Matt McCourtney
Title
President
Signed
2014-08-13
Discuss with paid preparer
Yes

Preparer

Preparer
Douglas W Regalia
Phone
9253140390
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $2507”

Other Expenses.1002

“Office Expenses $2349”

Other Expenses.1003

“Information Technology $146”

Other Expenses.1005

“Travel $13941”

Other Expenses.1

“Team Clothing $38834”

Other Expenses.2

“Team Housing $36469”

Other Expenses.3

“Facilities and Equipment $8441”

Other Expenses.4

“Food and Meals $5820”

Other Expenses.5

“Team Mechanic $5000”

Other Expenses.6

“Refunds $4924”

Other Expenses.7

“Coaching Fees $3200”

Other Expenses.8

“Event Registration $2038”

Other Expenses.9

“Bank charges $1864”

Other Expenses.10

“Miscellaneous $830”

Other Expenses.12

“Taxes $50”

Other Assets.1003

“Machinery and Equipment - Beginning $300 Machinery and Equipment - Ending $300”

Raw XML Appendix172 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/ExplanationTxt3Travel $13941
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Team Clothing $38834
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Team Housing $36469
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Facilities and Equipment $8441
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Food and Meals $5820
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Team Mechanic $5000
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Other Assets.1003
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Matt McCourtney
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine10Velo Development Foundation
ReturnHeader/Filer/BusinessNameControlTxt0VELO
ReturnHeader/Filer/EIN0611536916
ReturnHeader/Filer/PhoneNum04159203062
ReturnHeader/Filer/USAddress/AddressLine1033 Buckeye Circle
ReturnHeader/Filer/USAddress/City0Woodacre
ReturnHeader/Filer/USAddress/State0CA
ReturnHeader/Filer/USAddress/ZIPCode094973
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Regalia & Associates CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10103 Town Country Dr Ste K
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode094526
ReturnHeader/PreparerPersonGrp/PhoneNum09253140390
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Douglas W Regalia
ReturnHeader/ReturnTs02014-08-13T14:59:02-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,964
Liabilities
$0
Net assets
$21,964
Revenue
$158,915
Expenses
$148,715
Net income
$10,200
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$1.07$1.25$0.18
2017Detailed filing. Detailed filing data is available for this year.$0.32$0.14$0.18$1.07$1.16$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.03$0.27$0.85$0.95$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.02$0.38$1.36$1.35$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$1.62$1.47$0.15
2013Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$1.59$1.49$0.10
2012Summary only. Only limited summary data is available for this year.$0.12$0.00$0.99$1.06$0.07
2011Summary only. Only limited summary data is available for this year.$0.18$0.00$0.90$0.86$0.04