Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Velos of Sc Inc.
EIN 93-3257381 • 501(c)3 • Charleston, SC
Pub. 78 Eligible
Profile
A festival of cycling that celebrates the beauty and hospitality of walterboro and the south carolina lowcountry, and benefits the palmetto cycling coalition for cycling safety and advocacy.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
6.39x
Liabilities / Revenue
79th percentile
Higher debt load relative to revenue than 79% of similar nonprofits.
Net Margin
15th percentile
Higher net margin than 15% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
11th percentile
Faster asset growth than 11% of similar nonprofits.
Revenue Growth
19th percentile
Faster revenue growth than 19% of similar nonprofits.
Balance Sheet
Assets
Down$643
Down $31,893 (-98%) from 2023
Liabilities
$4,111
No earlier filing loaded for comparison.
Net Assets
Down-$3,468
Down $36,004 (-111%) from 2023
Revenue
Down$75,672
Down $72,953 (-49%) from 2023
Expenses
Down$111,676
Down $22,128 (-17%) from 2023
Net Income
Down-$36,004
Down $50,825 (-343%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $643
- Liabilities
- $4,111
- Net assets
- -$3,468
- Revenue
- $75,672
- Expenses
- $111,676
- Net income
- -$36,004
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 15, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $75,672
Mission and Program Overview
Mission
A festival of cycling that celebrates the beauty and hospitality of walterboro and the south carolina lowcountry, and benefits the palmetto cycling coalition for cycling safety and advocacy.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| A FESTIVAL OF CYCLING EVENT THAT BENEFITS THE PALMETTO CYCLING COALITION FOR CYCLING SAFETY AND ADVOCACY. | - | $98,521 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| RANDALL BENNETT | Vice Preside | PT | $0 | - | - |
| KELLY ROWE | Marketing & | PT | $0 | - | - |
| CHARLES FOX | President | - | $0 | - | - |
| JOHN PARDEE | Routes, Rest | - | $0 | - | - |
| STACEY PRICE | Rest Stops, | - | $0 | - | - |
| DAVID COLE | Board Member | PT | $0 | - | - |
| CATHERINE GRAHAM | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Velos of Sc Inc
- EIN
- 93-3257381
- Phone
- 9199108808
- Address
- 4248 DORCHESTER ROAD, CHARLESTON, SC 29405
Signing Officer
- Name
- Charles Fox
- Title
- President
- Phone
- 9199108808
- Signed
- 2025-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Hodges & Hergenrader Llp
- Address
- 5400 TRINITY ROAD SUITE 106, RALEIGH, NC 27607
- Preparer
- Anna Hergenrader
- Phone
- 9199108808
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising & marketing 1,015 entertainment 950 social media 951 photography 1,200 138 hotels 3,830 interest 79 liability insurance 191 donations 23,425 bank charges 102 memberships 105 software and apps 5,108 taxes and licenses 2,815 camping 1,110 casual labor 11,054 event supplies 14,387 food costs 25,784 moto support 1,516 fuel for sag vehicles 1,115 sweatshirts 12,862 venue rental 1,600 total 109,337”
Form 990-ez, Part II, Line 26
“Visa credit card payable 0 4,111”
Form 990-ez, Part III
“A festival of cycling that celebrates the beauty and hospitality of walterboro and the south carolina lowcountry, and benefits the palmetto cycling coalition for cycling safety and advocacy.”
Raw XML Appendix142 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | BUSINESS ACCOUNTING SERVICES |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt | 0 | BUSINESS ACCOUNTING SERVICES |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9194227426 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1005 BIANCO DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt | 0 | 1005 BIANCO DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | RALEIGH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27607 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 32536 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 643 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 18600 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -36004 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2339 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 32536 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 643 |
| IRS990EZ/GrossReceiptsAmt | 0 | 75672 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 32536 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -3468 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 32536 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -3468 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 12.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 15.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | RANDALL BENNETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KELLY ROWE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CHARLES FOX |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JOHN PARDEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | STACEY PRICE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | DAVID COLE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | CATHERINE GRAHAM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | MARKETING & |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | ROUTES, REST |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | REST STOPS, |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 109337 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | A FESTIVAL OF CYCLING THAT CELEBRATES THE BEAUTY AND HOSPITALITY OF WALTERBORO AND THE SOUTH CAROLINA LOWCOUNTRY, AND BENEFITS THE PALMETTO CYCLING COALITION FOR CYCLING SAFETY AND ADVOCACY. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 57072 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | A FESTIVAL OF CYCLING EVENT THAT BENEFITS THE PALMETTO CYCLING COALITION FOR CYCLING SAFETY AND ADVOCACY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 98521 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 4111 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 111676 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 98521 |
| IRS990EZ/TotalRevenueAmt | 0 | 75672 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 18600 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 21242 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 39842 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 57072 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 127383 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 184455 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 224297 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 75672 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 148625 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 224297 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 75672 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 148625 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 224297 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING & MARKETING 1,015 ENTERTAINMENT 950 SOCIAL MEDIA 951 PHOTOGRAPHY 1,200 138 HOTELS 3,830 INTEREST 79 LIABILITY INSURANCE 191 DONATIONS 23,425 BANK CHARGES 102 MEMBERSHIPS 105 SOFTWARE AND APPS 5,108 TAXES AND LICENSES 2,815 CAMPING 1,110 CASUAL LABOR 11,054 EVENT SUPPLIES 14,387 FOOD COSTS 25,784 MOTO SUPPORT 1,516 FUEL FOR SAG VEHICLES 1,115 SWEATSHIRTS 12,862 VENUE RENTAL 1,600 TOTAL 109,337 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | VISA CREDIT CARD PAYABLE 0 4,111 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | A FESTIVAL OF CYCLING THAT CELEBRATES THE BEAUTY AND HOSPITALITY OF WALTERBORO AND THE SOUTH CAROLINA LOWCOUNTRY, AND BENEFITS THE PALMETTO CYCLING COALITION FOR CYCLING SAFETY AND ADVOCACY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CHARLES FOX |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9199108808 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VELOS OF SC INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VELO |
| ReturnHeader/Filer/EIN | 0 | 933257381 |
| ReturnHeader/Filer/PhoneNum | 0 | 9199108808 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4248 DORCHESTER ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CHARLESTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 29405 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 931364510 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | HODGES & HERGENRADER LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5400 TRINITY ROAD SUITE 106 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RALEIGH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27607 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9199108808 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-10-21 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ANNA HERGENRADER |
| ReturnHeader/ReturnTs | 0 | 2025-11-13T12:57:23-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.