Civic Intelligence

Aevolo Cycling Inc.

EIN 81-3510640 • 501(c)3 • New York, NY

Pub. 78 EligibleNTEE N70

Profile

Aevolo cycling, inc. ("aevolo") is organized and operated for the specific purpose of supporting and developing amateur athletes for national or international competition in the sport of cycling.

487 Greenwich Street GroundNew York, NY 10013

n/A

Siviq Scores

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

Liabilities / Assets

96th percentile

1.57x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.11x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

24th percentile

-9.4%

Higher net margin than 24% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

5th percentile

-50%

Faster asset growth than 5% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-9.6%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$41,386

Down $41,051 (-50%) from 2023

Liabilities

Up

$65,013

Up $13,217 (+26%) from 2023

Net Assets

Down

-$23,627

Down $54,268 (-177%) from 2023

Revenue

Down

$580,015

Down $61,394 (-9.6%) from 2023

Expenses

Down

$634,283

Down $24,568 (-3.7%) from 2023

Net Income

Down

-$54,268

Down $36,826 (-211%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2016: $39,150Liabilities 2016: $0Net Assets 2016: $39,1502016Assets 2017: $151,827Liabilities 2017: $134,643Net Assets 2017: $17,1842017Assets 2018: $107,872Liabilities 2018: $16,352Net Assets 2018: $91,5202018Assets 2019: $88,527Liabilities 2019: $13,023Net Assets 2019: $75,5042019Assets 2020: $96,433Liabilities 2020: $3,625Net Assets 2020: $92,8082020Assets 2021: $91,681Liabilities 2021: $51,602Net Assets 2021: $40,0792021Assets 2022: $74,954Liabilities 2022: $26,871Net Assets 2022: $48,0832022Assets 2023: $82,437Liabilities 2023: $51,796Net Assets 2023: $30,6412023Assets 2024: $41,386Liabilities 2024: $65,013Net Assets 2024: -$23,6272024

Highlighted filing

2024

Assets$41,386
Liabilities$65,013
Net Assets-$23,627

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2016: $50,000Expenses 2016: $10,850Net Income 2016: $39,1502016Revenue 2017: $495,004Expenses 2017: $516,970Net Income 2017: -$21,9662017Revenue 2018: $685,314Expenses 2018: $610,978Net Income 2018: $74,3362018Revenue 2019: $586,247Expenses 2019: $602,263Net Income 2019: -$16,0162019Revenue 2020: $408,109Expenses 2020: $390,805Net Income 2020: $17,3042020Revenue 2021: $485,349Expenses 2021: $538,078Net Income 2021: -$52,7292021Revenue 2022: $651,061Expenses 2022: $643,057Net Income 2022: $8,0042022Revenue 2023: $641,409Expenses 2023: $658,851Net Income 2023: -$17,4422023Revenue 2024: $580,015Expenses 2024: $634,283Net Income 2024: -$54,2682024

Highlighted filing

2024

Revenue$580,015
Expenses$634,283
Net Income-$54,268

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Sep 12, 2025
Return Version
2023v6.0
Mission and Program Overview

Mission

Aevolo cycling, inc. ("aevolo") is organized and operated for the specific purpose of supporting and developing amateur athletes for national or international competition in the sport of cycling.

Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVE VAN DER ZWANDirector/PresidentPT$0--
DOUGLAS ELLISDirector/Treasurer-$0--
ALSTON GARDNERDirector/Secretary-$0--
MICHAEL CREEDTeam ManagerFT$0--
Filing and Contact Details

Filer

Filer Name
Aevolo Cycling Inc
EIN
81-3510640
Phone
2129650298
Address
487 GREENWICH STREET GROUND, NEW YORK, NY 10013

Signing Officer

Name
Steven Van Derzwan
Title
President
Phone
2129650298
Signed
2025-09-12
Discuss with paid preparer
Yes

Preparer

Firm
FRENDEL BROWN & WEISSMAN LLP CPA'S
Address
655 THIRD AVE - SUITE 1400, NEW YORK, NY 10017
Preparer
Joseph Abraham
Phone
2128679630
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IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd00
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd00
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd01
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd00
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd00
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0STEVEN VAN DER ZWAN
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0138 READE STREET GROUND FLOOR
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0NEW YORK
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd010013
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd00
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd01
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd00
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0DE
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PhoneNum02129650298
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd01
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd00
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0WWW.AEVOLOCYCLING.ORG
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0AEVOLO CYCLING, INC. ("AEVOLO") IS A US-REGISTERED UCI CONTINENTAL CYCLING TEAM ORGANIZED FOR THE SPECIFIC PURPOSE OF DEVELOPING AMATEUR ATHLETES IN THE SPORT OF CYCLING AND ENCOURAGING THE PURSUIT OF CONTINUED EDUCATON AND INTELLECTUAL CURIOSITY. AEVOLO CYCLING, INC. ("AEVOLO") FOCUSES ON DEVELOPING STUDENT ATHLETES BY PROVIDING TRAINING AND ACCESS TO PARTICIPATE IN CYCLING COMPETITIONS. THROUGHOUT THE YEAR, AEVOLO'S TEAM, WHICH EXCLUSIVELY COMPRISED OF RIDERS UNDER THE AGE 23, HAD PARTICIPATED IN NUMEORUS BICYCLE RACES TAKEN PLACE ACROSS THE COUNTRY. THE EXPOSURE TO PROFESSIONALLY ORGANIZED COMPETITION AND CONSTANT TRAINING GRADUALLY TURNING THEM INTO FUTURE ELITE CYCLISTS.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt0631929
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0STEVE VAN DER ZWAN
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt0KNUCKLEKNEE LLC
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt0138 READE STREET GROUND FL
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0NEW YORK
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd010013
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0580000
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
LegalFeesSchedule/LegalFeesGrp/AdjustedNetIncomeAmt00
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0LEGAL FEES
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt02500
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt02500
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt00
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt03927
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0SECURITY DEPOSIT
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt30
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt40
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt50
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt60
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt70
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0PAYROLL PORCESSING FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1RACE COSTS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2SERVICE COURSE RENTAL
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3INFORMATION TECHNOLOGY
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4INSURANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5OFFICE EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6PARTS REPAIRS AND MAINTENANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc7CYCLING WEAR
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt01080
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt1431249
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt24800
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt36936
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt411896
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt59032
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt661364
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt714092
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt30
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt40
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt50
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt60
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt70
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt01080
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1431249
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt24800
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt36936
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt411896
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt59121
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt661364
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt714092
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt012000
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0MARKETING DIRECTOR
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt012000
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt00
SubstantialContributorsSch/SubstantialContributorDetail/PersonNm0STEVEN VAN DER ZWAN
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt0138 READE STREET
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/CityNm0NEW YORK
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/StateAbbreviationCd0NY
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/ZIPCd010013
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt00
TaxesSchedule/TaxesDetail/Amt05480
TaxesSchedule/TaxesDetail/CategoryTxt0PAYROLL TAX
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt05480
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN VAN DERZWAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02129650298
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AEVOLO CYCLING INC
ReturnHeader/Filer/BusinessNameControlTxt0AEVO
ReturnHeader/Filer/EIN0813510640
ReturnHeader/Filer/PhoneNum02129650298
ReturnHeader/Filer/USAddress/AddressLine1Txt0487 GREENWICH STREET GROUND
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010013
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132907212
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRENDEL BROWN & WEISSMAN LLP CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0655 THIRD AVE - SUITE 1400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010017
ReturnHeader/PreparerPersonGrp/PhoneNum02128679630
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH ABRAHAM
ReturnHeader/ReturnTs02025-09-12T11:13:34-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02023-11-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02023

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