Bicycle Alliance of Washington Washington Bikes

“Loss on merger -$328671.00”

“Accounts receivable, net. Beginning:$32224.00 Ending: $0.00”

“Inventories for sale or use. Beginning:$13666.00 Ending: $0.00”

“Prepaid expenses and deferred charges. Beginning:$2535.00 Ending: $0.00”

“Accounts payable and accrued expenses. Beginning:$3135.00 Ending: $0.00”

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“As noted on the 2015 form 990, this organization (bicycle alliance of”

“Washington) merged with cascade bicycle club education foundation, a”

“501(c)(3) organization, on january 1, 2016. Subsequent to this merger, the”

“Bicycle alliance of washington terminated its operations.”

“After the merger, the surviving organization, cascade bicycle club”

“Education foundation, changed its name to cascade bicycle club. This tax”

“Return is the final 990 for bicycle alliance of washington and is being”

“Filed to report the merger and dissolution of the organization. There are”

“No other revenues or expenses to report. On form 990-ez, part i, line 20,”

“The other change in net assets of $(328,671) is the amount transferred from”

“This organization to the surviving organization at the time of merger.”

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“Other assets include: accounts receivable of $32,224; inventory of $13,666;”

“Prepaid expenses of $2,535.”

“Other liabilities include: accounts payable of $3,135.”

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“This organization ceased operating on january 1, 2016 upon completion of”

“The above mentioned merger with cascade bicycle club. There was no”

“Compensation paid to any officers, directors, trustees, or key employees”

“DURING 2016.”