Form 990 for tax year 2024

Totals

Total revenue

$146,251

Total expenses

$139,221

Contributions and grants received

$129,366

Grants paid

$56,244

Program service revenue

$0

Investment income

$0

Other revenue

$16,885

Total assets, end of year

$266,162

Total liabilities, end of year

$0

Net assets or fund balances, end of year

$266,162

Program services expenses (Part IX)

$123,591

Management and general expenses

$15,630

Fundraising expenses

$0

Program service expenses (Part III)

$123,591

Program services were 88.8% 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.

Mission and programs · 2024

• GROW CYCLING RAISED 100% OF THE FUNDS TO FINANCE AND DEVELOP THE VERY FIRST PUBLIC PUMPTRACK IN LOS ANGELES, MANAGED ALL GOVERNMENT AND REGULATORY APPROVALS ALONG WITH THE COMPLETE DESIGN, CONSTRUCTION AND COMPLETION OF THE CAPITAL PROJECT. WE SELECTED THE LOCATION OF THE INGLEWOOD PUMPTRACK TO BE BUILT IN A BEAUTIFUL, 55-ACRE PARK IN THE HEART OF INGLEWOOD, ONE OF THE MOST DIVERSE AND FASTED GROWING COMMUNITIES IN AMERICA. GROW'S INGLEWOOD PUMPTRACK IS AN ENVIRONMENTALLY SUSTAINABLE, COMMUNITY-BUILDING RECREATIONAL HUB, FORECASTED TO SERVE 250,000 PEOPLE/YEAR, MOSTLY KIDS. WE HAVE BEEN NAMED ONE OF THE TOP OUTDOOR DESTINATIONS IN LOS ANGELES BY VOX MEDIA/THRILLIST MAGAZINE. THE INGLEWOOD PUMPTRACK IS A POPULAR AND SIGNIFICANT PART OF THE CITY'S FAMOUS "SPORTS CAPITAL OF AMERICA" VENUES. WE ARE GROUND ZERO FOR SAFE YOUTH DISCOVERY AND EXPLORATION IN LOS ANGELES FOR MODERN, URBAN ACCESSIBLE CYCLING SPACES. OUR PROGRAMMING WILL DEVELOP AND PROVIDE PATHWAYS OF EDUCATION AND ACCESS TO ASPIRATIONAL AND FULFILLING CAREER DEVELOPMENT, ENTRY POINTS TO WORLD CHAMPIONSHIP RACING AND OLYMPIC EVENTS, AS WELL AS THE LIFELONG HEALTH, MENTAL WELLNESS AND SOCIAL BENEFITS OF CYCLING. OUR MILESTONE ACHIEVEMENT REPRESENTS WHAT THE CYCLING COMMUNITY AND INNOVATIVE COMMUNITIES LIKE INGLEWOOD CAN ACHIEVE WHEN WE COME TOGETHER. GROW CYCLING ALSO DELIVERED COMMUNITY CYCLING CLINICS, OUTREACH EVENTS, AND ENGAGEMENT PROGRAMS TO EXPAND ACCESS AND ENCOURAGE HEALTHY, ACTIVE LIFESTYLES. THESE INITIATIVES PROVIDED HUNDREDS OF CHILDREN AND FAMILIES WITH OPPORTUNITIES TO LEARN BIKE SKILLS, DEVELOP CONFIDENCE, AND BUILD A SENSE OF BELONGING, WHILE ALSO SHOWING THAT CYCLING CAN BE A DURABLE PATHWAY TO HEALTH AND OPPORTUNITY. WE ARE COURAGEOUS INT HE INFRASTRUCTURE WE BUILD, TAKING ON PROJECTS OTHERS HAD NOT ATTEMPTED UNTIL WE DID. SINCE THE FIRST LOS ANGELES PUMPTRACK BUILD, MULTIPLE NEW PUMPTRACKS ACROSS SOUTHERN CALIFORNIA AND THE U.S. HAVE BEEN INITIATED, DEMONSTRATING THE CATALYTIC EFFECT OF OUR AWARD-WINNING ELADERSHIP AND THE REPLICABILITY OF OUR MODEL.

  Expenses $58,866 · Grants $56,244 · Revenue $16,885

• IN 2024, GROW CYCLING FOUNDATION HOSTED OUR SOLD-OUT ASPIRE CONFERENCE AND EXPANDED OUR CYCLING INDUSTRY JOBS BOARD, CREATING DIRECT PATHWAYS FOR UPWARD MOBILITY. THESE PROGRAMS PROVIDED HUNDREDS OF YOUTH WITH LIFE AND LEADERSHIP SKILLS, ENTREPRENEURIAL TRAINING, AND CAREER DEVELOPMENT OPPORTUNITIES, AS WELL AS ACCESS TO NETWORKING WITH INDUSTRY LEADERS AND GATEKEEPERS. TOGETHER, ASPIRE AND THE JOBS BOARD ADVANCE OUR MISSION BY TRANSFORMING CYCLING INTO LADDERS OF OPPORTUNITY BEYOND SPORT.

  Expenses $64,725

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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 INGLEWOOD

  — no cash amount reported

  SUPPORT FOR EVENTS

Provenance

Return type

form_990

Tax year

2024

Filed

4 November 2025

IRS schema version

2024v5.0

Source object

202533089349302218

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