Overview
What is Georgia Interscholastic Cycling League?
The Georgia Interscholastic Cycling League is a nonprofit organization based in Atlanta, Georgia, specifically at 31 Barksdale Drive NE. Their mission is to inspire Georgians to embrace the outdoors and ride mountain bikes by promoting inclusive programs that cater to everyone interested in cycling within the state. By the end of 2022, they had established 76 teams, engaging 636 coaches and 1,114 athletes. They organize and conduct five annual races for these teams while offering training and support for both athletes and coaches. Furthermore, they award scholarships and loaner bikes to deserving individuals. The organization operates with a small team of five employees.
Official website here: www.georgiacycling.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59% (One-Star out of Four Stars)
The Georgia Interscholastic Cycling League has received a 59% rating from Charity Navigator, which classifies it as a One-Star organization. This rating indicates significant room for improvement, particularly in its accountability and financial transparency. While the league demonstrates strong governance with a fully independent board, it lacks essential financial documents and policies, which has adversely affected its overall score.
Strengths of the organization include a fully independent board and no material diversion of assets, reflecting good governance practices. However, the absence of critical financial statements and missing policies for conflict of interest, whistleblower protections, and document retention raise concerns about its operational transparency. The league does have a relatively low liabilities to assets ratio, suggesting financial stability.
Despite the 62.35% program expense ratio, indicating that a majority of its expenditures support its mission, the lack of transparency in financial reporting and governance policies presents limitations that potential donors and supporters should consider. The organization has the foundation of a responsible board yet must enhance its financial practices to foster greater trust and accountability among its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Georgia Interscholastic Cycling League legitimate?
Georgia Interscholastic Cycling League is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Interscholastic Cycling League 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: $156,490
Professional Fundraising Fees: $0
Other Salaries and Wages: $167,568
For more financial information, click here
Official website here: www.georgiacycling.org
What is the mission statement of Georgia Interscholastic Cycling League?
The Georgia Interscholastic Cycling League's mission is to motivate individuals to enjoy mountain biking by offering inclusive programs that advocate for everyone involved in cycling within the state. Through their initiatives, they aim to inspire a larger number of people to participate in bicycle riding. By the end of 2022, the league had established 76 teams, with 636 coaches and 1,114 athletes. The organization conducts five annual races where these teams compete, and they also provide training and support for teams, coaches, and athletes. Furthermore, they offer scholarships and loaner bikes to deserving athletes and coaches, totaling over $10,000 in financial aid.
Official website here: www.georgiacycling.org
What is the revenue of Georgia Interscholastic Cycling League?
Georgia Interscholastic Cycling League's revenue in 2023 was $1,242,702.
Official website here: www.georgiacycling.org
Who are the executives of Georgia Interscholastic Cycling League and what are their salaries?
The average compensation at Georgia Interscholastic Cycling League during 2023 was $46,294. There are 7 employees and 1500 volunteers at Georgia Interscholastic Cycling League.
Here are 10 key members and their salaries:
- Compensation: $156,400
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Official website here: www.georgiacycling.org
Where can I find the form 990 for Georgia Interscholastic Cycling League?
Georgia Interscholastic Cycling League's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.georgiacycling.org
Learn more at the official website: www.georgiacycling.org
Mission Statement of Georgia Interscholastic Cycling League
The Georgia Interscholastic Cycling League, a nonprofit organization, aims to inspire individuals in the state to engage in mountain biking activities. They accomplish this mission through inclusive programs that cater to the interests of everyone who rides or aspires to ride a bicycle. By the end of 2022, this league had successfully established 76 teams, with 636 coaches and 1,114 athletes participating within Georgia. The organization hosts five races annually, where these teams compete, and provides training and support for both coaches and athletes. Furthermore, the league awards scholarships and loans bicycles to deserving athletes and coaches, furthering their cycling endeavors.
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Impact
July, 2024
The Georgia Interscholastic Cycling League's impact can be seen in the transformation of the cycling landscape in Georgia. By creating 76 teams with 636 coaches and 1,114 athletes, the league has not only fostered a love for mountain biking but also built a strong community around the sport. Through organizing five races each year, providing training and support for teams, coaches, and athletes, and awarding scholarships and loaner bikes, the league has made mountain biking more accessible and inclusive in the state. This initiative has not only promoted physical activity but has also created a platform for personal growth, teamwork, and sportsmanship among participants.
This information is meant to be a general summary of Georgia Interscholastic Cycling League. 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: $394
- Program Service Revenue: $504,613
- Gross Receipts: $1,260,558
Assets and Liabilities:
- Total Assets: $216,191
- Total Liabilities: $16,057
- Net Assets: $200,134
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION REVENUE
Revenue
$418,901
MERCHANDISE
Revenue
$38,605
OTHER REGISTRATION
Revenue
$24,998
COACH LICENSING
Revenue
$17,109
TRAIL DEVELOPMENT DONATIONS
Revenue
$5,000
Organization Details
Founding Year
2015
Principal Officer
Michael Johnson
Website
www.georgiacycling.orgNTEE Category
Code: N60 - Recreation
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