Civic Intelligence

Noco Cycling Project

990EZ • Fiscal year 2022 • EIN 81-4499886

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 06, 2023

708 Inverness RdFort Collins, CO 80524

(970) 224-9900

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

51st percentile

5.4%

Higher net margin than 51% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

65th percentile

13%

Faster asset growth than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

59th percentile

21%

Faster revenue growth than 59% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$30,515

Up $3,449 (+13%) from 2021

Net Assets

Up

$30,515

Up $3,449 (+13%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$63,580

Up $10,891 (+21%) from 2021

Expenses

Up

$60,131

Up $4,640 (+8.4%) from 2021

Net Income

Up

$3,449

Up $6,251 (+223%) from 2021

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2018: $38,239Liabilities 2018: $02018Assets 2019: $32,841Liabilities 2019: $0Net Assets 2019: $32,8412019Assets 2020: $29,868Liabilities 2020: $0Net Assets 2020: $29,8682020Assets 2021: $27,066Liabilities 2021: $0Net Assets 2021: $27,0662021Assets 2022: $30,515Liabilities 2022: $0Net Assets 2022: $30,5152022Assets 2023: $11,060Liabilities 2023: $0Net Assets 2023: $11,0602023Assets 2024: $23,919Net Assets 2024: $23,9192024

Highlighted filing

2022

Assets$30,515
Liabilities$0
Net Assets$30,515

Operations Trend

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

$100K$50K$0-$50KRevenue 2018: $84,678Expenses 2018: $66,749Net Income 2018: $17,9292018Revenue 2019: $79,497Expenses 2019: $84,896Net Income 2019: -$5,3992019Revenue 2020: $22,122Expenses 2020: $25,095Net Income 2020: -$2,9732020Revenue 2021: $52,689Expenses 2021: $55,491Net Income 2021: -$2,8022021Revenue 2022: $63,580Expenses 2022: $60,131Net Income 2022: $3,4492022Revenue 2023: $46,318Expenses 2023: $65,773Net Income 2023: -$19,4552023Revenue 2024: $81,758Expenses 2024: $68,899Net Income 2024: $12,8592024

Highlighted filing

2022

Revenue$63,580
Expenses$60,131
Net Income$3,449
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 6, 2023
Return Version
2022v5.0
Gross Receipts
$63,580
Mission and Program Overview

Mission

Noco cycling project, inc. Has been established as a non-stock, non-profit corporation under the laws of colorado, and shall be operated to accomplish the following purposes and objectives: 1. To foster and promote interest and participation in bicycle racing events by amateur athletes. 2. To conduct educational programs and to provide information through training rides, clinics and other means regarding bicycle racing. 3. To organize, sponsor and promote bicycle racing events. 4. To provide cyclists that have been injury racing or training to race bicycles with assistance in their recovery.

Program Services

DescriptionGrantsExpenses
ORGANIZED AND PROMOTED 5 LOCAL BICYCLE RACES WITH OVER 800 RACE PARTICIPANTS, FORM 6 TO 73 YEARS OLD. HELD MULTIPLE TRAINING AND SKILLS CLINICS THROUGHOUT THE YEAR FOR ROAD, MOUNTAIN BIKE AND CYCLOCROSS RACING.-$43,194
HELPED OVER 100 RACERS, FROM BEGINNERS THROUGH ELITE INTERNATIONAL LEVEL, PARTICIPATE IN OVER 300 RACE/EVENT DAYS.-$16,698
ORGANIZATION MEMBERS CONTRIBUTED OVER 1,500 VOLUNTEER HOURS TO CYCLING AND NON-CYCLING COMMUNITY EVENTS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KELBY BETHARDSPresident-$0--
NED SMITHTreasurer-$0--
ELIZABETH O'BRIEN SMITHSecretary-$0--
JANNA DICKERSONDirector-$0--
TIM LYNCHDirector-$0--
ROB HOWEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Noco Cycling Project Inc
EIN
81-4499886
Address
708 INVERNESS RD, FORT COLLINS, CO 80524

Signing Officer

Name
Kelby Bethards
Title
President
Signed
2023-07-06
Discuss with paid preparer
Yes

Preparer

Firm
Kw Cpas LLC
Address
109 CORONADO CT BLDG 7, FORT COLLINS, CO 80525
Preparer
Paul M Williams
Phone
9702249900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses awards 5,515 bank fees 240 computer & internet 1,004 equipment 73 equipment rental 8,449 fuel 51 licenses & reg fees 5,914 meetings 786 merchandise 4,546 postage 28 printing 213 race announcers 680 race fees 641 race kits 16,057 race medical 1,125 race officials 1,501 race promotion 1,729 race timing 1,500 supplies 65 trash 2,404 volunteer meals 1,089 reimbursments 6,521 total 60,131

Form 990-ez, Part III

Noco cycling project, inc. Has been established as a non-stock, non-profit corporation under the laws of colorado, and shall be operated to accomplish the following purposes and objectives: 1. To foster and promote interest and participation in bicycle racing events by amateur athletes. 2. To conduct educational programs and to provide information through training rides, clinics and other means regarding bicycle racing. 3. To organize, sponsor and promote bicycle racing events. 4. To provide cyclists that have been injury racing or training to race bicycles with assistance in their recovery.

Raw XML Appendix145 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KELBY BETHARDS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ROB HOWE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt060131
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0NOCO CYCLING PROJECT, INC. HAS BEEN ESTABLISHED AS A NON-STOCK, NON-PROFIT CORPORATION UNDER THE LAWS OF COLORADO, AND SHALL BE OPERATED TO ACCOMPLISH THE FOLLOWING PURPOSES AND OBJECTIVES: 1. TO FOSTER AND PROMOTE INTEREST AND PARTICIPATION IN BICYCLE RACING EVENTS BY AMATEUR ATHLETES. 2. TO CONDUCT EDUCATIONAL PROGRAMS AND TO PROVIDE INFORMATION THROUGH TRAINING RIDES, CLINICS AND OTHER MEANS REGARDING BICYCLE RACING. 3. TO ORGANIZE, SPONSOR AND PROMOTE BICYCLE RACING EVENTS. 4. TO PROVIDE CYCLISTS THAT HAVE BEEN INJURY RACING OR TRAINING TO RACE BICYCLES WITH ASSISTANCE IN THEIR RECOVERY.
IRS990EZ/ProgramServiceRevenueAmt033681
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HELPED OVER 100 RACERS, FROM BEGINNERS THROUGH ELITE INTERNATIONAL LEVEL, PARTICIPATE IN OVER 300 RACE/EVENT DAYS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ORGANIZED AND PROMOTED 5 LOCAL BICYCLE RACES WITH OVER 800 RACE PARTICIPANTS, FORM 6 TO 73 YEARS OLD. HELD MULTIPLE TRAINING AND SKILLS CLINICS THROUGHOUT THE YEAR FOR ROAD, MOUNTAIN BIKE AND CYCLOCROSS RACING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2ORGANIZATION MEMBERS CONTRIBUTED OVER 1,500 VOLUNTEER HOURS TO CYCLING AND NON-CYCLING COMMUNITY EVENTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES AWARDS 5,515 BANK FEES 240 COMPUTER & INTERNET 1,004 EQUIPMENT 73 EQUIPMENT RENTAL 8,449 FUEL 51 LICENSES & REG FEES 5,914 MEETINGS 786 MERCHANDISE 4,546 POSTAGE 28 PRINTING 213 RACE ANNOUNCERS 680 RACE FEES 641 RACE KITS 16,057 RACE MEDICAL 1,125 RACE OFFICIALS 1,501 RACE PROMOTION 1,729 RACE TIMING 1,500 SUPPLIES 65 TRASH 2,404 VOLUNTEER MEALS 1,089 REIMBURSMENTS 6,521 TOTAL 60,131
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NOCO CYCLING PROJECT, INC. HAS BEEN ESTABLISHED AS A NON-STOCK, NON-PROFIT CORPORATION UNDER THE LAWS OF COLORADO, AND SHALL BE OPERATED TO ACCOMPLISH THE FOLLOWING PURPOSES AND OBJECTIVES: 1. TO FOSTER AND PROMOTE INTEREST AND PARTICIPATION IN BICYCLE RACING EVENTS BY AMATEUR ATHLETES. 2. TO CONDUCT EDUCATIONAL PROGRAMS AND TO PROVIDE INFORMATION THROUGH TRAINING RIDES, CLINICS AND OTHER MEANS REGARDING BICYCLE RACING. 3. TO ORGANIZE, SPONSOR AND PROMOTE BICYCLE RACING EVENTS. 4. TO PROVIDE CYCLISTS THAT HAVE BEEN INJURY RACING OR TRAINING TO RACE BICYCLES WITH ASSISTANCE IN THEIR RECOVERY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KELBY BETHARDS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NOCO CYCLING PROJECT INC
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ReturnHeader/Filer/EIN0814499886
ReturnHeader/Filer/USAddress/AddressLine1Txt0708 INVERNESS RD
ReturnHeader/Filer/USAddress/CityNm0FORT COLLINS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080524
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0841279111
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KW CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0109 CORONADO CT BLDG 7
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT COLLINS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080525
ReturnHeader/PreparerPersonGrp/PhoneNum09702249900
ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL M WILLIAMS
ReturnHeader/ReturnTs02023-07-31T19:21:23-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KELBY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BETHARDS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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