Noco Cycling Project
Nonprofit profile at a glance
- EIN
- 814499886
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2017
- Location
- Fort Collins, CO, USA
- Phone
- 9706685516
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $81,758
- Expenses
- $68,899
- Assets
- $23,919
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- KELBY BETHARDS (PRESIDENT)
People named in this filing
- KELBY BETHARDS (PRESIDENT)
- NED SMITH (TREASURER)
- TIM LYNCH (BOARD MEMBER)
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
Noco cycling project has been established as a non-stock, non-profit corporation under the laws of Colorado, and shall be operated to accomplish the following purposed and objectives: 1.to foster and promote interest and participation in bicycle racing events by amature athletes. 2. To conduct educational programs and to provide information through training rides, clinics and other means regarding bicycle racing. 3. To organize, sponsor, and promote amature bicycle racing events.
What it reported doing in 2024
Organized and promoted 7 local bicycle races with over 900 participants, ages 4 to 76. Held multiple training and skills clinics throughout the year for road, mountain bike, gravel and cyclocross racing.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 82
- Sustainability: 46
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.3%; rating input score 84
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 15.7%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 0.35; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 4.4% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: -10.9% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 84.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $69K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2019 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.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.