Velos of Sc Inc
Nonprofit profile at a glance
- EIN
- 933257381
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025
- Location
- Columbia, SC, USA
- Phone
- 9199108808
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Health Program (Includes General Health and Wellness Promotion Services)
Reported finances
- Revenue
- $135,437
- Expenses
- $124,015
- Assets
- $7,955
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- RANDALL BENNETT (VICE CHAIR)
- KELLY ROWE (SECRETARY)
- RYAN WRIGHT (CHAIR)
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
A festival of cycling that celebrates the beauty and hospitality of walterboro and the South Carolina lowcountry, and benefits the palmetto cycling coalition for cycling safety and advocacy.
What it reported doing in 2025
A festival of cycling event that benefits the palmetto cycling coalition for cycling safety and advocacy.
Operating model
- Revenue model
- Earned-program. 71% 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. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 82
- Sustainability: 35
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.7%; rating input score 80
- Program expense ratio: 87%; rating input score 87
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 8.4%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 6.6% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: -5.5% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -89.6% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 79.7% of revenue deployed · 87% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $108K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Review — Sustainability: Operating margin scored 52/100.
- High — Growth: Asset growth scored 0/100.