Skip to main content

Nonprofit · EIN 86-1547741

LOS ANGELES BICYCLE ACADEMY

Tax-exempt · CULVER CITY, CA 90230

Financials

$272K$242K2023$141K$235K2024$93K$96K2025
Revenue Expenses · by fiscal year end
Financials of LOS ANGELES BICYCLE ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$93,365$95,553-$2,188$10,000$25,614-$15,614
December 31, 2024990$140,831$234,808-$93,977$34,467$31,214$3,253
December 31, 2023990$271,710$241,538$30,172$41,522$0$41,522
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$93,365
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,008
Occupancy
$1,627
Travel
$5,150
Program services (functional)
$85,181
Management and general (functional)
$10,372

Balance sheet and other

Total assets, start of year
$34,467
Total assets, end of year
$10,000
Total liabilities, end of year
$25,614
Net assets, end of year
-$15,614
Net assets without donor restrictions
-$15,614
Gross receipts
$93,365
Employees
0
Volunteers
20

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
DAMON TURNERPRESIDENT
Officer
10$0
AARON SWANTONSECRETARY
Officer
10$0
990 for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
DAMON TURNERPRESIDENT
Officer
10$0
AARON SWANTONSECRETARY
Officer
10$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
DAMON TURNERPRESIDENT
Officer
20$0
AARON SWANTONSECRETARY
Officer
20$0

Address and contacts

Address (IRS master file)
10736 JEFERSON AVE STE 917, CULVER CITY, CA 90230-4933
In care of
% DAMON TURNER
Principal officer (990 for 2025)
DAMON TURNER, 3105 W JEFFERSON, LOS ANGELES, CA 90018
Signed the 990
DAMON TURNER, CEO
Phone
(323) 641-8902
Return prepared by
MRS TAX ACCOUNTING

California records

California keeps its own records of charities and corporations. Search them by EIN 86-1547741 or by the name LOS ANGELES BICYCLE ACADEMY.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

LABA IS A YOUTH CYCLING TEAM AND BICYCLE EDUCATION PROGRAM WITH THE MISSION TO EMPOWER, EDUCATE AND DEVELOP ENTREPRENURIAL AND LEADERSHIP SKILLS IN YOUTH. THE FOCUS IS TO DEVELOP UNDERSERVED COMMUNITIES

990 for the year ended December 31, 2025

Program accomplishments

  • LABA RACE TEAM IS THE DEVELOPMENT FOR YOUTH CYCLISTS TO EXPLORE,
    Expenses $95,553 · revenue $93,365
  • LABA FULL SERVICE BIKE SHOP OFFERS FULL-SERVICE REPAIRS AND RETAIL
  • SCHOOL PARTNERSHIPS THAT OFFER EDUCATION AND A SAFETY PROGRAM THAT

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-1547741
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,000
Income (IRS master file)
$93,365

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$93,365$95,553$10,000XML
990December 2024$140,831$234,808$34,467XML
990December 2023$271,710$241,538$41,522XML
990December 2022$256,019$200,005$55,823IRS

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 86-1547741).

Questions about LOS ANGELES BICYCLE ACADEMY

What is the EIN of LOS ANGELES BICYCLE ACADEMY?
The employer identification number (EIN) of LOS ANGELES BICYCLE ACADEMY is 86-1547741.
Is LOS ANGELES BICYCLE ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to LOS ANGELES BICYCLE ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOS ANGELES BICYCLE ACADEMY 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 LOS ANGELES BICYCLE ACADEMY due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOS ANGELES BICYCLE ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LOS ANGELES BICYCLE ACADEMY?
The 990 for the year ended December 31, 2025 names DAMON TURNER.
Who are the officers and directors of LOS ANGELES BICYCLE ACADEMY?
The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does LOS ANGELES BICYCLE ACADEMY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $93,365, expenses of $95,553 and total assets of $10,000 at year end.

Other nonprofits in CULVER CITY

All nonprofits in CULVER CITY · California