Velofree Inc
Nonprofit profile at a glance
- EIN
- 932343492
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- West Palm Bch, FL, USA
- Phone
- 0000000000
- Rating
- 36
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $52,991
- Expenses
- $39,457
- Assets
- $62,792
- Liabilities
- $6,502
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- James Duvall (President)
People named in this filing
- James Duvall (President)
- Ray Meggison Sr (Treasurer)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To harness the passion for cycling and transform it into a powerful force against human trafficking By turning every mile cycled into a financial contribution towards this cause we empower cyclists to make a tangible impact simply by doing what they love Our vision is to foster a strong globally connected community that is not just passionate about cycling but also committed to making a difference By uniting cyclists sponsors and anti-human trafficking organizations we aspire to create a world where every mile matters and brings us closer to ending human trafficking
What it reported doing in 2025
0
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 57
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 25.5%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 1.59; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Sustainability: Officer compensation ratio scored 12/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.