Civic Intelligence

Velo Development Foundation

990EZ • Fiscal year 2014 • EIN 61-1536916

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 16, 2015

Organization Profilewww.velodevelopment.org
33 Buckeye CircleWoodacre, CA 94973

(415) 920-3062

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 2014

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2014

Net Margin

63rd percentile

9.3%

Higher net margin than 63% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

88th percentile

68%

Faster asset growth than 88% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

50th percentile

1.8%

Faster revenue growth than 50% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$36,959

Up $14,995 (+68%) from 2013

Net Assets

Up

$36,959

Up $14,995 (+68%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin63rd percentile

Revenue

Up

$161,849

Up $2,934 (+1.8%) from 2013

Expenses

Down

$146,854

Down $1,861 (-1.3%) from 2013

Net Income

Up

$14,995

Up $4,795 (+47%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth88th 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

2014

Assets$36,959
Liabilities$0
Net Assets$36,959
Open 2014 Filing

Operations Trend

Revenue Growth50th 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

2014

Revenue$161,849
Expenses$146,854
Net Income$14,995
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 16, 2015
Return Version
2014v5.0
Gross Receipts
$161,849
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.$143,957-
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matt McCourtneyPresidentPT$0--
David SimonSecretaryPT$0--
John HuntTreasurerPT$0--
Dario FredrickDirector Of CoachingPT$0--
Filing and Contact Details

Filer

Filer Name
Velo Development Foundation
EIN
61-1536916
Phone
4159203062
Address
33 Buckeye Circle, Woodacre, CA 94973

Signing Officer

Name
Matt McCourtney
Title
President
Signed
2015-10-16
Discuss with paid preparer
Yes

Preparer

Firm
Regalia & Associates CPAs
Address
103 Town Country Dr Ste K, Danville, CA 94526
Preparer
Douglas W Regalia
Phone
9253140390
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $92”

Other Expenses.1003

“Information Technology $319”

Other Expenses.1005

“Travel $23269”

Other Expenses.1

“Team Housing $39574”

Other Expenses.2

“Team Clothing $15761”

Other Expenses.3

“Facilities and Equipment $10706”

Other Expenses.4

“Event Registration $4898”

Other Expenses.5

“Other operating expenses $4297”

Other Expenses.6

“Food and Meals $3688”

Other Expenses.7

“Bank charges $1953”

Other Expenses.8

“Event Promotion $1185”

Other Assets.1003

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

Raw XML Appendix169 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Matt McCourtney
IRS990EZ/BooksInCareOfDetail/PhoneNum04159203062
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt033 Buckeye Circle
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Woodacre
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094973
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt021664
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt036659
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt085000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt014995
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0152
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt021964
IRS990EZ/Form990TotalAssetsGrp/EOYAmt036959
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0161849
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt021964
IRS990EZ/NetAssetsOrFundBalancesEOYAmt036959
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt021964
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt036959
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt06.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt16.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt26.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt36.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Matt McCourtney
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1David Simon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2John Hunt
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Dario Fredrick
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Dir of Coaching
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0300
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0300
IRS990EZ/OtherExpensesTotalAmt0105742
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The 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.
IRS990EZ/ProgramServiceRevenueAmt076849
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Velo 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0143957
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt040960
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0146854
IRS990EZ/TotalProgramServiceExpensesAmt0143957
IRS990EZ/TotalRevenueAmt0161849
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.velodevelopment.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt085000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0147915
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0115571
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt087880
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt066670
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0503036
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt076848
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.76180
IRS990ScheduleA/PublicSupportPY170Pct00.85200
IRS990ScheduleA/PublicSupportTotal170Amt0383219
IRS990ScheduleA/SubstantialContributorsTotAmt0119817
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt085000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0147915
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0115571
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt087880
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt066670
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0503036
IRS990ScheduleA/TotalSupportAmt0503038
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $92
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Information Technology $319
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $23269
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Team Housing $39574
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Team Clothing $15761
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Facilities and Equipment $10706
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Event Registration $4898
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Other operating expenses $4297
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Food and Meals $3688
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Bank charges $1953
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Event Promotion $1185
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Machinery and Equipment - Beginning $300 Machinery and Equipment - Ending $300
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Assets.1003
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Matt McCourtney
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Velo Development Foundation
ReturnHeader/Filer/BusinessNameControlTxt0VELO
ReturnHeader/Filer/EIN0611536916
ReturnHeader/Filer/PhoneNum04159203062
ReturnHeader/Filer/USAddress/AddressLine1Txt033 Buckeye Circle
ReturnHeader/Filer/USAddress/CityNm0Woodacre
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094973
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Regalia & Associates CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0103 Town Country Dr Ste K
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Danville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094526
ReturnHeader/PreparerPersonGrp/PhoneNum09253140390
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Douglas W Regalia
ReturnHeader/ReturnTs02015-10-16T12:39:41-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,959
Liabilities
$0
Net assets
$36,959
Revenue
$161,849
Expenses
$146,854
Net income
$14,995
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