NonprofitsAevolo Cycling Inc

Recreation & Sports

Aevolo Cycling Inc

NEW YORK, NY

Total revenue

$485K

Total expenses

$538K

Net assets

$40K

Grants received

$105K

4 grants

EIN

813510640

Tax year

2020

Mission

Aevolo 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.

Financials

FY 2020

Revenue

Contributions & grants$462K
Program service revenue
Investment income
Other revenue$23K
Total revenue$485K

Expenses

Grants paid
Salaries & benefits$113K
Fundraising
Other expenses$425K
Total expenses$538K
Total assets$92K
Net assets$40K

People

4 listed

NameRoleCompensation

MICHAEL CREED

TEAM MANAGER

Board

$65K

40 hrs/wk

STEVE VAN DER ZWAN

DIRECTOR/PRESIDENT

Board

6 hrs/wk

DOUGLAS ELLIS

DIRECTOR/TREASURER

Board

2 hrs/wk

ALSTON GARDNER

DIRECTOR/SECRETARY

Board

2 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$25K
DEVELOP ELITE CYCLISTS
2022
$20K
PROVIDE OPERATING FUNDS FOR THE ORGANIZATION
2020
$20K
For grant recipient's exempt purposes
2019
$40K
For grant recipient's exempt purposes
2018

Funded by

$105K from 3 funders · 4 grants · 2018–2022

Fidelity Investments Charitable Gift Fund

$60K · 2 grants · 2018–2019

Pro Cyclist Foundation

$25K · 1 grant · 2022

Twelve Labours Foundation Inc

$20K · 1 grant · 2020

Details

EIN813510640
NTEE codeN70
Subsection03
Ruling date2017-01
Formed2016
Employees2
Volunteers0
AEVOLO CYCLING INC — Mission, Financials & Grants Received | Grantivo