Skip to content
Nonprofiteer
← DOLPHINS CYCLING CHALLENGE INC

Form 990 for tax year 2023

Filed by DOLPHINS CYCLING CHALLENGE INC.

Totals

Total revenue
$12,277,214
Total expenses
$10,958,002
Contributions and grants received
$12,167,773
Grants paid
$8,827,188
Program service revenue
$108,525
Investment income
$579
Other revenue
$337
Total assets, end of year
$4,632,051
Total liabilities, end of year
$245,296
Net assets or fund balances, end of year
$4,386,755
Program services expenses (Part IX)
$10,471,282
Management and general expenses
$147,238
Fundraising expenses
$339,482
Program service expenses (Part III)
$10,471,282

Program services were 95.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $12,167,773

  • 2a · Program service revenue: RIDER REGISTRATION FEE

    total $108,525 · related or exempt $108,525

  • 3 · Investment income

    total $579 · excluded $579

  • 10a · Gross sales of inventory

    $4,937

  • 10b · Cost of goods sold

    $4,600

  • 10c · Net income from sales of inventory

    total $337 · excluded $337

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $8,827,188 · program services $8,827,188

  • 5 · Compensation of officers, directors and key employees

    total $268,316 · program services $80,495 · management and general $53,663 · fundraising $134,158

  • 7 · Other salaries and wages

    total $358,759 · program services $107,627 · management and general $71,752 · fundraising $179,380

  • 9 · Other employee benefits

    total $17,607 · program services $5,282 · management and general $3,521 · fundraising $8,804

  • 10 · Payroll taxes

    total $34,279 · program services $10,284 · management and general $6,855 · fundraising $17,140

  • 11b · Fees: legal

    total $6,230 · management and general $6,230

  • 11g · Fees: other

    total $13,013 · program services $13,013

  • 12 · Advertising and promotion

    total $56,399 · program services $56,399

  • 13 · Office expenses

    total $5,217 · management and general $5,217

  • 17 · Travel

    total $12,374 · program services $12,374

  • 23 · Insurance

    total $22,505 · program services $22,505

  • 24a · Other expenses: RACE REGIST. & EVENT

    total $659,177 · program services $659,177

  • 24b · Other expenses: STADIUM EXPENSE

    total $375,009 · program services $375,009

  • 24c · Other expenses: RIDER REGIST. EXPENSE

    total $274,822 · program services $274,822

  • 24e · All other expenses

    total $27,107 · program services $27,107

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,177,993 · end of year $4,594,938

  • 15 · Other assets

    beginning of year $0 · end of year $37,113

  • 25 · Other liabilities

    beginning of year $0 · end of year $245,296

  • 27 · Net assets without donor restrictions

    beginning of year $3,177,993 · end of year $4,386,755

Mission and programs · 2023

Mission

TO INCREASE CANCER AWARENESS AND EDUCATE THE COMMUNITY REGARDING CANCER PREVENTION AND TREATMENT. THIS IS ACCOMPLISHED BY RAISING FUNDS FOR DISTRIBUTION TO CANCER RESEARCH AND TREATMENT CENTERS.

Activities or mission (Part I)

TO INCREASE CANCER AWARENESS AND EDUCATE THE COMMUNITY REGARDING CANCER PREVENTION AND TREATMENT.

  • THE ORGANIZATION SUPPORTS COMPREHENSIVE CANCER CENTERS SUCH AS THE UNIVERSITY OF MIAMI SYLVESTER COMPREHENSIVE CANCER CENTER. IN ORDER TO RAISE FUNDS, THE ORGANIZATION CONDUCTS VARIOUS ACTIVITIES IN THE SOUTH FLORIDA COMMUNITY, INCLUDING A MARQUEE, TRICOUNTY CYCLING EVENT AND 5K RUN/WALK THAT TAKES PLACE IN SOUTH FLORIDA.

    Expenses $10,471,282 · Grants $8,827,188 · Revenue $108,525

As filed on the 2023 return.

Listed in Part VII

  • CHRIS CLEMENTS

    TREASURER/ DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • STUART MILLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • JEFFREY PECK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • TOM GARFINKEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • ERIC FEDER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • JACQUELINE TRAVISANO

    DIRECTOR (THRU 07/2023)

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • ELIZABETH JENKINS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • MYLES PISTORIUS

    DIRECTOR (BEG 07/2023) / GEN COUNSEL

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • JAVIER SANCHEZ

    EXECUTIVE DIRECTOR

    Total calculated
    $268,316
    From this org
    $236,279
    From related orgs
    $0
    Other
    $32,037
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $236,123
    Bonus
    $0
    Other
    $156
    Deferred
    $22,500
    Nontaxable benefits
    $9,537
    Filer's total
    $268,316

  • MARCUS BACH-ARMAS

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • MARC WEINROTH

    SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART II
EXECUTIVE DIRECTOR OF THE ORGANIZATION, JAVIER SANCHEZ, IS AN EMPLOYEE OF MIAMI DOLPHINS, LTD., A RELATED ORGANIZATION. THE ORGANIZATION REIMBURSED THE MIAMI DOLPHINS ORGANIZATION FOR HIS COMPENSATION REPORTED ON THE FORM 990 PART VII AND SCHEDULE J.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202403209349322950

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.