FAST CHANCE WOMENS CYCLING INC Charity Report

Tax-exempt status may be revoked

FAST CHANCE WOMENS CYCLING INC

EIN 81-1484447

What they do

Fast Chance Womens Cycling, Inc.s Core Mission is to Provide A Healthy Environment to Empower and Inspire Women By Creating Opportunities In Elite Cycling.

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders4 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

90.61%of revenue went to mission work93.5% of expenses · Program services

1.89%of revenue went to fundraising1.9% of expenses

$96.86spent for every $100 of revenueRevenue covered expenses this year.

4.36%of revenue went to management and office costs4.5% of expenses

$0.11in assets for every $1 spent this yearSome assets cannot be spent right away.

99.4%of its money came from giftsOther money may come from services or investments.

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Money

Financial picture

Tax year 2016

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$107,634

Mission workProgram services$97,52390.61% of revenue93.5% of expenses

ManagementOffice and general costs$4,6964.36% of revenue4.5% of expenses

FundraisingAsking for donations$2,0311.89% of revenue1.9% of expenses

Revenue left after expensesReported annual surplus$3,3843.14% of revenueShown in gray on the chart

Total expenses$104,25096.86% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$107,634

Expenses$104,250

Annual surplus $3,384 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$97,523 · 93.5% of expenses

Management and office costs$4,696 · 4.5% of expenses

Fundraising$2,031 · 1.9% of expenses

See all reported dollar amounts

Revenue$107,634

Expenses$104,250

Assets$11,384

Contributions$107,034

Mission work (program services)$97,523

Fundraising$2,031

Management and general$4,696

People

Leadership and board

Tax year 2016

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (4)

GEORGE EDWARD HAMILTON IIPRESIDENT

BRITTLEE BOWMANEXECUTIVE DIRECTOR

JOHN ROBBINSTREASURER

PETER EASTONSECRETARY

About this charity

Location: 317 West 98th Street No 3A, New York, NY 10025
County: New York
In care of: Britt Bowman
Primary officer: Britt Bowman, Executive Director

How to reach them

WebsiteVisit the charity’s website Phone(917) 913-4987

Filing and classification

Latest tax year: 2016
Tax period began: February 11, 2016
Return type: 990
Tax preparer: DYLEWSKY GOLDBERG & BRENNER LLC
Revocation date: May 15, 2020