Grow Cycling Foundation Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 851436997 ✦ Mckinney, TX ✦ Designated as a 501(c)(3)

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Overview

What is Grow Cycling Foundation Corporation?

Grow Cycling Foundation Corporation is a nonprofit organization situated in McKinney, Texas, with a specific focus on promoting education, access, and economic empowerment opportunities in cycling and the outdoors. Their notable achievement is the development of the first public pumptrack in Los Angeles, located in a 55-acre park in Inglewood, serving an estimated 250,000 people annually, primarily children. This environmental-friendly cycling hub aims to foster youth discovery, offer career development pathways, and provide long-term health and social benefits. The foundation's initiatives include job postings for various cycling industry positions, attracting thousands of applicants, and promoting opportunities for women and girls in cycling and outdoor sports. Their schools-to-pumptrack cycling education program continues to thrive in local schools, teaching safe cycling skills beyond the classroom.


Official website here: www.growcyclingfoundation.org

Is Grow Cycling Foundation Corporation legitimate?

Grow Cycling Foundation Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grow Cycling Foundation Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.growcyclingfoundation.org

What is the mission statement of Grow Cycling Foundation Corporation?

The Grow Cycling Foundation Corporation's mission is centered around promoting education, access, and economic empowerment opportunities in cycling and the outdoors. This aim is to increase inclusion and belonging, fostering a sense of community. The foundation has successfully raised funds and constructed the first public pumptrack in Los Angeles, serving as a community cycling hub and providing a platform for youth discovery and exploration in cycling and outdoor sports. The pumptrack offers career development opportunities, entry points to competitive racing, and lifelong health and wellness benefits. The foundation's job board has attracted numerous applicants for cycling industry positions, including initiatives to promote opportunities for women in cycling. Additionally, the foundation's schools-to-pumptrack cycling education program is thriving, teaching safe cycling skills outside the classroom in K-12 schools.


Official website here: www.growcyclingfoundation.org

Who is the CEO of Grow Cycling Foundation Corporation?

Eliot Jackson is the Founder & Ch of Grow Cycling Foundation Corporation.


Official website here: www.growcyclingfoundation.org

What is the revenue of Grow Cycling Foundation Corporation?

Grow Cycling Foundation Corporation's revenue in 2022 was $251,096.


Official website here: www.growcyclingfoundation.org

Who are the executives of Grow Cycling Foundation Corporation and what are their salaries?

There 5 volunteers at Grow Cycling Foundation Corporation.


Here are 4 key members and their salaries:


Katie Holden (Vice-Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eliot Jackson (Founder & Ch)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joi Jackson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Minnaar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.growcyclingfoundation.org

Where can I find the form 990 for Grow Cycling Foundation Corporation?

Grow Cycling Foundation Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.growcyclingfoundation.org

Learn more at the official website: www.growcyclingfoundation.org

Mission Statement of Grow Cycling Foundation Corporation

Grow Cycling Foundation Corporation is dedicated to promoting education, access, and economic empowerment opportunities that foster inclusivity and a sense of belonging in cycling and the outdoors. Their mission is to increase participation and representation in these activities, particularly among underrepresented groups. To achieve this, Grow Cycling Foundation Corporation has undertaken various initiatives.

One of their significant achievements is the development of the first public pumptrack in Los Angeles, located in a diverse and rapidly growing community. This project, which cost 100% of the funds raised by the foundation, is expected to serve over 250,000 people annually. The pumptrack, part of the "Sports Capital of America," serves as a hub for youth discovery and exploration in cycling and outdoor sports, providing pathways to education, career development, and entry into world championship racing and Olympic events.

Beyond physical infrastructure, Grow Cycling Foundation Corporation has also focused on job opportunities in the cycling industry. Their jobs board posted over 1,000 positions, attracting over 11,000 applicants. The foundation has made efforts to promote opportunities for girls and women in cycling and the outdoors, including remote and hybrid work options for new and working mothers.

Furthermore, Grow Cycling Foundation Corporation's Schools-to-Pumptrack Cycling Education Programs allow students to learn and practice safe cycling skills outside the classroom after school, currently thriving in K-1 and middle schools throughout the Inglewood Unified School District.

In summary, Grow Cycling Foundation Corporation's mission is to increase access to cycling and outdoor activities, provide education and career opportunities, and promote inclusivity in these fields, particularly for underrepresented groups. Through initiatives such as the development of the first public pumptrack in Los Angeles and their cycling education programs, the foundation is making significant strides in achieving this mission.

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Impact




October, 2024

Grow Cycling Foundation Corporation significantly enhances community engagement and inclusion in cycling and outdoor sports through various initiatives. By financing and developing the first public pump track in Los Angeles, situated in the rapidly growing and diverse Inglewood community, the foundation has created a vital resource expected to serve 250,000 people annually, predominantly children. This environmentally sustainable cycling hub acts as a gateway for youth to explore modern cycling disciplines and outdoor activities, fostering a path toward career development and competitive opportunities, including World Championship racing and Olympic events.

The foundation plays a critical role in economic empowerment by maintaining a robust job board that has posted nearly 1,000 cycling industry positions, attracting over 11,000 applicants. This initiative aids in increasing employment opportunities, especially for women, by incorporating flexible work arrangements and promoting accessibility for new and working mothers.

Additionally, Grow’s Schools-to-Pumptrack cycling education programs provide K-1 and middle school students in the Inglewood Unified School District with essential safe cycling skills, significantly enriching their educational experience beyond the classroom. The overarching impact of Grow Cycling Foundation promotes not only physical health but also mental wellness and social benefits through recreational cycling, thus embodying a comprehensive approach to building a more inclusive and empowered community.




This information is meant to be a general summary of Grow Cycling Foundation Corporation. 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.

Revenue
$251,096 (2022)
Expenses
$453,452 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $252,002

Assets and Liabilities:

  • Total Assets: $272,579
  • Total Liabilities: $0
  • Net Assets: $272,579

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Organization Details

Founding Year

2020

Principal Officer

Eliot Jackson

Main Address

550 N CENTRAL EXPRESSWAY 176, MCKINNEY, TX, 75070

NTEE Category

Code: N30 - Recreation

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