Skip to content
Nonprofiteer
← MINNESOTA HIGH SCHOOL CYCLING LEAGUE

Form 990 for tax year 2023

Filed by MINNESOTA HIGH SCHOOL CYCLING LEAGUE.

Totals

Total revenue
$671,360
Total expenses
$683,757
Contributions and grants received
$23,550
Grants paid
$0
Program service revenue
$642,733
Investment income
$5,077
Other revenue
$0
Total assets, end of year
$356,391
Total liabilities, end of year
$8,270
Net assets or fund balances, end of year
$348,121
Program services expenses (Part IX)
$589,471
Management and general expenses
$94,286
Fundraising expenses
$0
Program service expenses (Part III)
$589,471

Program services were 86.2% 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

    $23,550

  • 2a · Program service revenue: CYCLING PROGRAMMING

    total $642,733 · related or exempt $642,733

  • 3 · Investment income

    total $5,077 · related or exempt $5,077

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $219,419 · program services $190,895 · management and general $28,524

  • 8 · Pension plan contributions

    total $6,500 · management and general $6,500

  • 11b · Fees: legal

    total $15,257 · program services $15,257

  • 11c · Fees: accounting

    total $4,160 · management and general $4,160

  • 11g · Fees: other

    total $333,747 · program services $292,252 · management and general $41,495

  • 13 · Office expenses

    total $11,019 · program services $9,587 · management and general $1,432

  • 16 · Occupancy

    total $12,450 · program services $10,832 · management and general $1,618

  • 17 · Travel

    total $17,138 · program services $14,910 · management and general $2,228

  • 19 · Conferences, conventions and meetings

    total $6,487 · program services $5,644 · management and general $843

  • 22 · Depreciation, depletion and amortization

    total $15,412 · program services $13,408 · management and general $2,004

  • 23 · Insurance

    total $42,168 · program services $36,686 · management and general $5,482

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $37,174 · end of year $49,060

  • 2 · Savings and temporary cash investments

    beginning of year $207,881 · end of year $212,957

  • 4 · Accounts receivable

    beginning of year $27,680

  • 10a · Land, buildings and equipment: cost or other basis

    $146,102

  • 10b · Land, buildings and equipment: accumulated depreciation

    $51,728

  • 10c · Land, buildings and equipment, net

    beginning of year $109,786 · end of year $94,374

  • 17 · Accounts payable and accrued expenses

    beginning of year $22,003 · end of year $8,270

  • 27 · Net assets without donor restrictions

    beginning of year $360,518 · end of year $348,121

Mission and programs · 2023

Mission

ESTABLISH & MAINTAIN YOUTH CYCLING PROGRAMS

  • WE HAD A TOTAL OF 2,750 STUDENT ATHLETES TAKING PART IN MULTIPLE TIME TRIALS AT EIGHT LOCATIONS AROUND THE STATE OF MINNESOTA. 1,304 VOLUNTEER COACHES TOOK PART IN COACHING 92 TEAMS.

    Expenses $589,471 · Revenue $642,733

As filed on the 2023 return.

Listed in Part VII

  • Joshua Kleve

    EXECUTIVE DIRECTOR

    Total calculated
    $125,000
    From this org
    $125,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    60

  • Libby Hurley

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Michael J Busch

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Frank Grazzinni

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Mary Drew

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2024
IRS schema version
2023v5.1
Source object
202423209349315797

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.