Overview
What is The Cycle Effect?
The Cycle Effect is a nonprofit organization situated in Eagle, Colorado. Their primary mission is to uplift young women from underserved communities, enabling them to acquire the necessary education for brighter futures and foster stronger communities. The unique approach they employ involves utilizing mountain biking as a medium to instill crucial skills and bolster self-esteem in lower-income girls. With a dedicated workforce of 60 individuals, The Cycle Effect strives to make a significant impact in the lives of these young women, promoting personal growth and community development.
Official website here: www.thecycleeffect.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating. The Cycle Effect has received a solid score which indicates a strong level of accountability and finance management, rated at 83%. The organization excels in its engagement with constituents, achieving perfect scores in feedback collection, usage, and overall practices.
The Cycle Effect's strengths lie in its efficient allocation of resources, with a program expense ratio of 75.63%, ensuring that funds are directed toward its mission effectively. Additionally, the organization's low liabilities to assets ratio of 4.61% reflects a stable financial position, allowing for sustainable operations and growth.
However, while the organization has a commendable culture and community score of 89%, there may be opportunities for enhancement, particularly in its equity strategies, where it scored 83 out of 100. Overall, The Cycle Effect demonstrates a commitment to accountability and community engagement, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is The Cycle Effect legitimate?
The Cycle Effect is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cycle Effect submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $96,494
Professional Fundraising Fees: $0
Other Salaries and Wages: $744,939
For more financial information, click here
Official website here: www.thecycleeffect.org
What is the mission statement of The Cycle Effect?
The mission of The Cycle Effect is to empower young women from underserved communities, enabling them to acquire the education required for brighter futures and stronger communities. They achieve this by leveraging mountain biking as a tool to foster the development of essential skills and boost self-esteem in lower-income girls.
Official website here: www.thecycleeffect.org
What is the revenue of The Cycle Effect?
The Cycle Effect's revenue in 2023 was $1,478,211.
Official website here: www.thecycleeffect.org
Who are the executives of The Cycle Effect and what are their salaries?
The average compensation at The Cycle Effect during 2023 was $12,374. There are 68 employees and 40 volunteers at The Cycle Effect.
Here are 14 key members and their salaries:
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Official website here: www.thecycleeffect.org
Where can I find the form 990 for The Cycle Effect?
The Cycle Effect's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thecycleeffect.org
Learn more at the official website: www.thecycleeffect.org
Mission Statement of The Cycle Effect
The Cycle Effect is a nonprofit organization that empowers young women from underserved communities. Its mission is to equip these females with the education necessary to build brighter futures and stronger communities. The unique approach they utilize to achieve this goal is mountain biking, which serves as a tool to help lower-income girls develop essential skills and boost their self-esteem.
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Impact
July, 2024
The Cycle Effect's impact includes empowering young women from underserved communities to obtain the education necessary for brighter futures and stronger communities. By using mountain biking as a tool, this organization helps lower-income girls develop essential skills and self-esteem.
This information is meant to be a general summary of The Cycle Effect. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $5,354
- Program Service Revenue: $4,960
- Gross Receipts: $1,478,211
Assets and Liabilities:
- Total Assets: $883,376
- Total Liabilities: $40,804
- Net Assets: $842,572
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$4,960
Organization Details
Founding Year
2012
Principal Officer
Brett Donelson
Website
www.thecycleeffect.orgNTEE Category
Code: N60 - Recreation
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