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Nonprofit · EIN 81-3402698

MINNESOTA HIGH SCHOOL CYCLING LEAGUE

Tax-exempt · CHASKA, MN 55318

Financials

$671K$684K2023$704K$768K2024
Revenue Expenses · by fiscal year end
Financials of MINNESOTA HIGH SCHOOL CYCLING LEAGUE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$704,233$767,553-$63,320$292,640$7,839$284,801
December 31, 2023990$671,360$683,757-$12,397$356,391$8,270$348,121
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$15,671
Program service revenue
$683,415
Investment income
$5,147
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$259,271
Salaries, compensation and benefits (total)
$259,271
Professional fundraising fees
$0
Legal fees
$4,790
Accounting fees
$15,220
Occupancy
$12,080
Travel
$3,245
Depreciation
$26,855
Program services (functional)
$670,683
Management and general (functional)
$96,870

Balance sheet and other

Total assets, start of year
$356,391
Total assets, end of year
$292,640
Total liabilities, end of year
$7,839
Net assets, end of year
$284,801
Land, buildings and equipment
$67,519
Net assets without donor restrictions
$284,801
Gross receipts
$704,233
Employees
6
Volunteers
2,500
Year formed
2017
State of legal domicile
MN

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOSHUA KLEVEEXECUTIVE DIRECTOR
Trustee or director
40$112,542
FRANK GRAZZINNITREASURER
Trustee or director
5$0
MARY DREWSECRETARY
Trustee or director
5$0
LIBBY HURLEYPRESIDENT
Trustee or director
5$0
MICHAEL J BUSCHBOARD MEMBER
Trustee or director
5$0
GARY SJOQUISTBOARD MEMBER
Trustee or director
5$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JOSHUA KLEVEEXECUTIVE DIRECTOR
Trustee or director
60$125,000
LIBBY HURLEYPRESIDENT
Trustee or director
5$0
MICHAEL J BUSCHBOARD MEMBER
Trustee or director
5$0
FRANK GRAZZINNITREASURER
Trustee or director
5$0
MARY DREWSECRETARY
Trustee or director
5$0

Address and contacts

Address (IRS master file)
113 W 2ND ST, CHASKA, MN 55318-1907
In care of
% JOSHUA KLEVE
Signed the 990
JOSHUA KLEVE, DIRECTOR
Phone
(612) 524-7445
Return prepared by
ATNEOSEN & CO LTD

Mission

ESTABLISH & MAINTAIN YOUTH CYCLING PROGRAMS

990 for the year ended December 31, 2024

Program accomplishments

  • 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 $670,683 · revenue $683,415

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-3402698
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$292,640
Income (IRS master file)
$704,233

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$704,233$767,553$292,640IRS
990December 2023$671,360$683,757$356,391XML
990December 2022$783,571$666,559$382,521IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 81-3402698).

Questions about MINNESOTA HIGH SCHOOL CYCLING LEAGUE

What is the EIN of MINNESOTA HIGH SCHOOL CYCLING LEAGUE?
The employer identification number (EIN) of MINNESOTA HIGH SCHOOL CYCLING LEAGUE is 81-3402698.
Is MINNESOTA HIGH SCHOOL CYCLING LEAGUE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to MINNESOTA HIGH SCHOOL CYCLING LEAGUE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MINNESOTA HIGH SCHOOL CYCLING LEAGUE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MINNESOTA HIGH SCHOOL CYCLING LEAGUE 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 MINNESOTA HIGH SCHOOL CYCLING LEAGUE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of MINNESOTA HIGH SCHOOL CYCLING LEAGUE?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $112,542 (JOSHUA KLEVE, EXECUTIVE DIRECTOR).
How much revenue does MINNESOTA HIGH SCHOOL CYCLING LEAGUE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $704,233, expenses of $767,553 and total assets of $292,640 at year end.

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