Civic Intelligence

Fast Chance Women'S Cycling Inc

EIN 81-1484447 • 501(c)3 • New York, NY

Revoked

Profile

Fast Chance Women's Cycling, Inc.'s core mission is to provide a healthy environment to empower and inspire women by creating opportunities in elite cycling.

Revocation date: May 15, 2020

317 West 98th Street No 3ANew York, NY 10025

www.veloclassicstans.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.70x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

81st percentile

0.07x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

53rd percentile

3.1%

Higher net margin than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Balance Sheet
Liabilities / Assets91st percentile

Assets

$11,384

No earlier filing loaded for comparison.

Liabilities

$8,000

No earlier filing loaded for comparison.

Net Assets

$3,384

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue81st percentileNet Margin53rd percentile

Revenue

$107,634

No earlier filing loaded for comparison.

Expenses

$104,250

No earlier filing loaded for comparison.

Net Income

$3,384

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15K$10K$5.0K$0Assets 2016: $11,384Liabilities 2016: $8,000Net Assets 2016: $3,3842016

Highlighted filing

2016

Assets$11,384
Liabilities$8,000
Net Assets$3,384
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2016: $107,634Expenses 2016: $104,250Net Income 2016: $3,3842016

Highlighted filing

2016

Revenue$107,634
Expenses$104,250
Net Income$3,384
Open 2016 Filing

Filings

Most recent year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,384
Liabilities
$8,000
Net assets
$3,384
Revenue
$107,634
Expenses
$104,250
Net income
$3,384
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.11$0.08$0.03$1.08$1.04$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Feb 11, 2016 to Dec 31, 2016
Signed
Nov 8, 2017
Return Version
2016v3.0
Gross Receipts
$107,634
Mission and Program Overview

Mission

Fast Chance Women's Cycling, Inc.'s core mission is to provide a healthy environment to empower and inspire women by creating opportunities in elite cycling.

The core mission of the organization is to provide a healthy environment to empower and inspire women by creating opportunities in elite cycling.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$11,384-
Rtn Earn Endowment Incm Other Fnds$0$3,384▲ $3,384
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$11,384▲ $11,384
Liabilities
Accounts Payable and Accrued Expenses-$8,000-
Total Liabilities$0$8,000▲ $8,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$3,384▲ $3,384
Total Liabilities and Net Assets / Fund Balance$0$11,384▲ $11,384
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
George Edward Hamilton IIPresident
Brittlee BowmanExecutive Director
Peter EastonSecretary
John RobbinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$107,034
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$600
All Other Contributions
$107,034
Change in Net Assets
$3,384

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$74,014Fair Market Value (FMV)
Total Noncash Contributions$74,014-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$96,250
Salaries, Compensation, and Employee Benefits$8,000
Total Fundraising Expense$2,031
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$9,796--$9,796
Current Officers, Directors, Trustees, and Key Employees$2,000$4,000$2,000$8,000
Other Expenses$1,755--$1,755
All Other Expenses$1,292$196-$1,488
Fees for Services Legal-$450-$450
Office Expenses$61$50$31$142
Total Functional Expenses$97,523$4,696$2,031$104,250
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
Backup withholding compliance
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A copy of the Form 990 is made available to all members of the governing body prior to filing.”

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

“The organization circulates a Conflict of Interest questionnaire annually to Board members for signature.”

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

“Data is obtained from independent expert sources and/or industry surveys.”

Form 990, Part VI, Section C, line 19

“Information for contacting Fast Chance Women's Cycling is available on the website www.veloclassicstans.com. Anyone wishing to see these governing documents should contact the administration.”

Filing and Contact Details

Filer

Filer Name
Fast Chance Women's Cycling Inc
EIN
81-1484447
Phone
9179134987
Address
317 West 98th Street No 3A, New York, NY 10025

Signing Officer

Name
Britt Bowman
Title
Executive Director
Phone
9179134987
Signed
2017-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Britt Bowman
Formed
2016
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Dylewsky Goldberg & Brenner LLC
Address
30 Oak Street, Stamford, CT 06905
Preparer
Lawrence Goldberg
Phone
2039758830
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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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