Dust2
Nonprofit profile at a glance
- EIN
- 475078432
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2017
- Location
- Pagosa Springs, CO, USA
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Recreational l Clubs
Reported finances
- Revenue
- $54,242
- Expenses
- $56,472
- Assets
- $51,121
- Liabilities
- $3,935
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Driz Cook (President)
People named in this filing
- Driz Cook (President)
- Logan Hart (Treasurer)
- Patrick Schaffer (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Dust2 works to 1) encourage bicycling as an active, lifelong sport, 2) develop a sense of community within individuals, groups, and other organizations, 3) provide stewardship to create and maintain bicycle riding opportunities, 4) oversee the operations of a youth mountain bike team.
What it reported doing in 2024
Teams: DUST2 hosted a week-long summer cycling camp with 21 youth participants and 5 coaches. Campers developed new skills, built endurance with a long ride at Turkey Springs, and contributed to trail maintenance at Reservoir Hill. During the fall season, 33 student-athletes participated across our high school and middle school adventure teams. Sixteen high school riders competed in the Colorado League race series, with 11 qualifying for the State Championships and 9 competing at the event. The season was supported by 20 dedicated coaches8 paid and 12 volunteer.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 100
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.9%; rating input score 70
- Program expense ratio: 67.2%; rating input score 67
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -4.1%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 11.9% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 7.7% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 3.6% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 69.9% of revenue deployed · 67.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $38K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 37/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.