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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 75-2184387

PERMIAN BASIN BICYCLE ASSOCIATION

Tax-exempt · MIDLAND, TX 79710

Financials

$43K$29K2024
Revenue Expenses · by fiscal year end
Financials of PERMIAN BASIN BICYCLE ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$42,571$29,085$13,486$72,082–$72,082
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$22,614
Program service revenue
$20,355
Net income from sales of inventory
-$398

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$23,877
Other expenses
$5,208

Balance sheet and other

Total assets, start of year
$58,596
Total assets, end of year
$72,082
Total liabilities, end of year
–
Net assets, end of year
$72,082
Cash, savings and investments
$68,682
Gross receipts
$44,834

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STEPHEN MITCHELLMTB DIRECTOR0$0
ERIC BURKHARTPRESIDENT1$0
CLIF COLEMANVICE PRESIDE1$0
JUSTIN WILLOUGHBYSECRETARY1$0
RACHEL HARVEYTREASURER1$0

Address and contacts

Address (IRS master file)
PO BOX 50331, MIDLAND, TX 79710-0331
Signed the 990-EZ
ERIC BURKHART, PRESIDENT
Phone
(281) 660-1061
Return prepared by
CASH FLOW PROS

Mission

WHAT IS THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE? SOCIAL AND RECREATIONAL BIKING, EMPHASIZING BICYCLE SAFETY AND TRAINING. FUNDRAISING FOR CHARITABLE PURPOSES BOTH THRU EVENTS SPONSORED BY THIS ORGANIZATION AND EVENTS SPONSORED DIRECTLY BY IRC SECTION 501 C (3) CHARITIES.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • TOURING & TIME TRIALS ARE EVENTS HELD THROUGHOUT THE YEAR. COSTS ARE INCURRED. THOUGHOUT THE YEAR THE MEMBERS PARTICIPATE IN VARIOUS CHARITABLE FUNDRAISING EVENTS SUCH AS THE NATIONAL MULTIPLE SCLEROSIS MS-150 RIDE. FOR THIS EVENT THE MEMBERS RAISE BETWEEN 15,000 AND 20,000 ANNUALLY, WHICH GOES DIRECTLY TO THE NATIONAL MULTIPLE SCLEROSIS SOCIETY.
  • REQUIRE PROFESSIONAL MAINTENANCE AFTER SEVER WEATHER WHICH CAN INCUR EXPENSES TO FEED VILUNTEERS AND PAY PROFESSIONAL MAINTENANCE CREWS
  • DONATIONS MADE TO OTHER TRAIL ORGANIZATIONS TO PROMOTE THE GROWTH OF CYCLING IN THE AREA

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2025 990-N for PERMIAN BASIN BICYCLE ASSOCIATION

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
75-2184387
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1987
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$72,082
Income (IRS master file)
$44,834

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024–––IRS
990-EZDecember 2023$55,892$51,896$61,930IRS
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about PERMIAN BASIN BICYCLE ASSOCIATION

What is the EIN of PERMIAN BASIN BICYCLE ASSOCIATION?
The employer identification number (EIN) of PERMIAN BASIN BICYCLE ASSOCIATION is 75-2184387.
Is PERMIAN BASIN BICYCLE ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1987.
Are donations to PERMIAN BASIN BICYCLE ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PERMIAN BASIN BICYCLE ASSOCIATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PERMIAN BASIN BICYCLE ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PERMIAN BASIN BICYCLE ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of PERMIAN BASIN BICYCLE ASSOCIATION?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does PERMIAN BASIN BICYCLE ASSOCIATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $42,571, expenses of $29,085 and total assets of $72,082 at year end.

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