Civic Intelligence

Twin Cities Adaptive Cycling

990EZ • Fiscal year 2020 • EIN 81-5315931

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 09, 2021

2840 South 5th AvenueMinneapolis, MN 55408

(612) 454-0831

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.02x

Higher debt load relative to revenue than 64% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

35th percentile

-3.7%

Higher net margin than 35% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$13,442

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 32.5% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

34th percentile

-4.3%

Faster asset growth than 34% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

33rd percentile

-34%

Faster revenue growth than 33% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$49,025

Down $2,188 (-4.3%) from 2019

Net Assets

Down

$48,380

Down $1,535 (-3.1%) from 2019

Liabilities

Down

$645

Down $653 (-50%) from 2019

Revenue

Down

$41,312

Down $21,409 (-34%) from 2019

Expenses

Down

$42,847

Down $7,169 (-14%) from 2019

Net Income

Down

-$1,535

Down $14,240 (-112%) from 2019

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2018: $37,726Liabilities 2018: $516Net Assets 2018: $37,2102018Assets 2019: $51,213Liabilities 2019: $1,298Net Assets 2019: $49,9152019Assets 2020: $49,025Liabilities 2020: $645Net Assets 2020: $48,3802020Assets 2021: $39,304Liabilities 2021: $1,901Net Assets 2021: $37,4032021Assets 2022: $77,912Liabilities 2022: $384Net Assets 2022: $77,5282022Assets 2023: $16,921Liabilities 2023: $654Net Assets 2023: $16,2672023Assets 2024: $12,160Liabilities 2024: $809Net Assets 2024: $11,3512024Assets 2025: $0Net Assets 2025: $02025

Highlighted filing

2020

Assets$49,025
Liabilities$645
Net Assets$48,380

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2018: $39,129Expenses 2018: $35,517Net Income 2018: $3,6122018Revenue 2019: $62,721Expenses 2019: $50,016Net Income 2019: $12,7052019Revenue 2020: $41,312Expenses 2020: $42,847Net Income 2020: -$1,5352020Revenue 2021: $57,881Expenses 2021: $68,858Net Income 2021: -$10,9772021Revenue 2022: $123,614Expenses 2022: $83,496Net Income 2022: $40,1182022Revenue 2023: $27,505Expenses 2023: $88,766Net Income 2023: -$61,2612023Revenue 2024: $58,850Expenses 2024: $63,766Net Income 2024: -$4,9162024Revenue 2025: $2,017Expenses 2025: $13,368Net Income 2025: -$11,3512025

Highlighted filing

2020

Revenue$41,312
Expenses$42,847
Net Income-$1,535
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 9, 2021
Return Version
2020v4.0
Gross Receipts
$42,310
Mission and Program Overview

Mission

To enhance independence and build community through outdoor adaptive cycling

Program Services

DescriptionGrantsExpenses
TCAC PROVIDES CUSTOMIZED ADAPTIVE BICYCLE FITTINGS AND LOW-COST REGULAR USE OF OUR BICYCLES AND EQUIPMENT, COMPREHENSIVE TRAINING, AND OPPORTUNITIES FOR TANDEM AND GROUP RIDES.-$25,291
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CAITLIN L BOWLES-ROTHExecutuive DPT$13,442-$13,442
FRANK VARDEMANPresident-$0--
REID JOHNSONTreasurer-$0--
TODD DOUMABoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Twin Cities Adaptive Cycling
EIN
81-5315931
Phone
6124540831
Address
2840 SOUTH 5TH AVENUE, MINNEAPOLIS, MN 55408

Signing Officer

Name
Caitlin L Bowles-roth
Title
Executuive Director
Phone
6124540831
Signed
2021-07-09
Discuss with paid preparer
Yes

Preparer

Firm
Lethert Skwira Schultz & Co Llp
Address
170 7TH PL E STE 100, SAINT PAUL, MN 55101-2361
Preparer
Angie M Agrey CPA
Phone
6512245721
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 911 office expenses 82 supplies 63 insurance 3,531 adaptive program exepense 1,127 fundraising 380 membership dues 267 development expense 338 banking fees 15 non-investment depreciation 19,013 total 25,727

Form 990-ez, Part II, Line 24

Adaptive cycles 31,880 39,659 less accumulated depreciation 15,810 30,766 shipping container 10,394 10,394 less accumulated depreciation 1,874 4,326 total 24,590 14,961

Form 990-ez, Part II, Line 26

Payroll liabilities 1,298 645

Form 990-ez, Part III

To enhance independence and build community through outdoor adaptive cycling

Raw XML Appendix163 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/ExplanationTxt0EXPENSES ADVERTISING 911 OFFICE EXPENSES 82 SUPPLIES 63 INSURANCE 3,531 ADAPTIVE PROGRAM EXEPENSE 1,127 FUNDRAISING 380 MEMBERSHIP DUES 267 DEVELOPMENT EXPENSE 338 BANKING FEES 15 NON-INVESTMENT DEPRECIATION 19,013 TOTAL 25,727
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADAPTIVE CYCLES 31,880 39,659 LESS ACCUMULATED DEPRECIATION 15,810 30,766 SHIPPING CONTAINER 10,394 10,394 LESS ACCUMULATED DEPRECIATION 1,874 4,326 TOTAL 24,590 14,961
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL LIABILITIES 1,298 645
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO ENHANCE INDEPENDENCE AND BUILD COMMUNITY THROUGH OUTDOOR ADAPTIVE CYCLING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CAITLIN L BOWLES-ROTH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTUIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06124540831
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TWIN CITIES ADAPTIVE CYCLING
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ReturnHeader/Filer/EIN0815315931
ReturnHeader/Filer/PhoneNum06124540831
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ReturnHeader/ReturnTs02021-08-16T10:57:19-05:00
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings