Colorado High School Cycling League
Nonprofit profile at a glance
- EIN
- 454906583
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Boulder, CO, USA
- Phone
- 7202358187
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $1,388,473
- Expenses
- $1,410,615
- Assets
- $868,603
- Liabilities
- $35,240
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- ERIC GRAHAM (President)
- ADAM GALVIN (Vice President)
Highest reported compensation
- KATE RAU (Non-Voting): $87,609 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Colorado high school cycling league works to establish and maintain safe, quality high school mountain bike programs in Colorado and surrounding states.
What it reported doing in 2024
The Colorado High School Cycling League promotes positive youth development through interscholastic mountain biking for youth in Colorado, southern Wyoming, Spearfish, South Dakota, and northern New Mexico. We believe in a culture of inclusivity and that all students should be supported in their ability to participate. We provide an exceptional mountain bike race series, a festive community experience, training, insurance and support to teams and coaches, regardless of experience or level of expertise, and a comprehensive infrastructure that fosters safe respectful competition, highlighted by the common goal to develop a lifelong appreciation of the outdoors. The purpose is to empower youth and build community. We are guided by the principles of inclusivity, equality and stewardship. In 2024, the Colorado League provided programming to 87 teams representing approximately 180 high schools and 1,980 student-athletes.
Operating model
- Revenue model
- Earned-program. 62% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 86
- Accountability: 69
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.7%; rating input score 88
- Program expense ratio: 86%; rating input score 86
- Fundraising efficiency: $3.69 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -1.6%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.62; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 6.2%; rating input score 50; 50th percentile among comparable filings
Growth
- Program expense growth: 17% per year; rating input score 100; 78th percentile among comparable filings
- Revenue growth: 14.6% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 17.2% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 87.7% of revenue deployed · 86% of spending went to programs
- Governance: 14 of 14 board members independent · 2 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $1.2M in reported program spending
- Leadership: top reported pay $88K · 15 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 12/100.
- Moderate — Sustainability: Operating margin scored 31/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- Review — Sustainability: Officer compensation ratio scored 50/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.