Form 990 for tax year 2022
Filed by USA BMX FOUNDATION INC.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2022 , filed 22 April 2024. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $587,962 changed to $592,617
- Total expenses
- $2,002,837 changed to $1,998,404
- Other revenue
- $369,803 changed to $374,458
- Total assets, end of year
- $420,176 changed to $468,731
- Total liabilities, end of year
- $125,018 changed to $164,485
- Net assets or fund balances, end of year
- $295,158 changed to $304,246
- Program services expenses
- $1,875,863 changed to $1,866,931
- Management and general expenses
- $126,974 changed to $129,521
- Fundraising expenses
- $0 changed to $1,952
- Program service expenses (Part III)
- $1,875,863 changed to $1,866,931
Listed only on the earlier return
- Bernard R Anederson
Listed only on the later return
- Bernard R Anderson
Totals
- Total revenue
- $587,962
- Total expenses
- $2,002,837
- Contributions and grants received
- $94,458
- Grants paid
- $1,644,417
- Program service revenue
- $119,726
- Investment income
- $3,975
- Other revenue
- $369,803
- Total assets, end of year
- $420,176
- Total liabilities, end of year
- $125,018
- Net assets or fund balances, end of year
- $295,158
- Program services expenses (Part IX)
- $1,875,863
- Management and general expenses
- $126,974
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,875,863
Program services were 93.7% 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
$94,458
-
2a · Program service revenue: Read to Ride
total $4,000 · related or exempt $4,000
-
2b · Program service revenue: STEM Kits and Camps
total $102,253 · related or exempt $102,253
-
2c · Program service revenue: Summer Programs
total $13,473 · related or exempt $13,473
-
3 · Investment income
total $3,975 · excluded $3,975
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$491,802
-
8b · Fundraising events: direct expenses
$125,068
-
8c · Net income from fundraising events
total $366,734 · excluded $366,734
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Miscellaneous Revenue
total $3,069 · excluded $3,069
-
11e · Other revenue, total
$3,069
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,576,167 · program services $1,576,167
-
2 · Grants to domestic individuals
total $68,250 · program services $68,250
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $4,073 · program services $1,870 · management and general $2,203
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $25,419 · program services $17,235 · management and general $8,184
-
12 · Advertising and promotion
total $14,060 · program services $2,942 · management and general $11,118
-
13 · Office expenses
total $22,989 · program services $6,396 · management and general $16,593
-
14 · Information technology
total $6,245 · program services $188 · management and general $6,057
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $46,122 · program services $9,816 · management and general $36,306
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $4,889 · management and general $4,889
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $3,122 · management and general $3,122
-
23 · Insurance
total $1,010 · management and general $1,010
-
24a · Other expenses: STEM Program Costs
total $177,669 · program services $177,669
-
24b · Other expenses: Miscellaneous Expenses
total $19,189 · program services $840 · management and general $18,349
-
24c · Other expenses: Bad Debt
total $14,114 · management and general $14,114
-
24d · Other expenses: Other Program Costs
total $12,153 · program services $12,153
-
24e · All other expenses
total $7,366 · program services $2,337 · management and general $5,029
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,578,065 · end of year $234,170
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $80,964 · end of year $3,738
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $39,106 · end of year $172,391
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $4,779 · end of year $84
-
10a · Land, buildings and equipment: cost or other basis
$19,999
-
10b · Land, buildings and equipment: accumulated depreciation
$10,206
-
10c · Land, buildings and equipment, net
beginning of year $12,915 · end of year $9,793
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $5,796 · end of year $125,018
-
27 · Net assets without donor restrictions
beginning of year $210,033 · end of year $295,158
-
28 · Net assets with donor restrictions
beginning of year $1,500,000
Mission and programs · 2022
Mission
PROVIDE EDUCATION SCHOLARSHIPS TO INDIVIDUALS OR INSTITUTIONS, CONTRIBUTE TO OR ENGAGE IN SCIENTIFIC RESEARCH, CONDUCT SAFETY EDUCATION PROGRAMS IN SCHOOLS AND OTHER PUBLIC PLACES, with respect to or regarding cycling and all things related thereto.
-
PROVIDE EDUCATION SCHOLARSHIPS TO INDIVIDUALS OR INSTITUTIONS, CONTRIBUTE TO OR ENGAGE IN SCIENTIFIC RESEARCH, CONDUCT SAFETY EDUCATION PROGRAMS IN SCHOOL AND OTHER PUBLIC PLACES.
Expenses $1,875,863 · Revenue $119,726
As filed on the 2022 return.
Listed in Part VII
-
Bernard A Anderson
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Bernard R Anederson
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Clayton John
President
- Total calculated
- $0
- Hours/week
- 1
-
John David
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Morris
Director
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
-
City of Tulsa
$1,500,000
Construction
-
$75,000
General Support
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 21 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430529349301813
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