Nonprofit · EIN 88-2158293
CYNISCA CYCLING INC
Tax-exempt · BLOOMINGTON, IN 47404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $799,809 | $1,767,659 | -$967,850 | $682,830 | $2,601,869 | -$1,919,039 |
| December 31, 2023 | 990 | $854,707 | $1,552,875 | -$698,168 | $920,425 | $1,871,614 | -$951,189 |
| December 31, 2022 | 990-EZ (amended) | $0 | $253,021 | -$253,021 | $283,730 | $536,751 | -$253,021 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $799,260
- Program service revenue
- $0
- Investment income
- $549
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $357,654
- Salaries, compensation and benefits (total)
- $406,257
- Professional fundraising fees
- $0
- Legal fees
- $133,381
- Accounting fees
- $5,525
- Travel
- $351,449
- Depreciation
- $61,113
- Program services (functional)
- $1,447,568
- Management and general (functional)
- $320,091
Balance sheet and other
- Total assets, start of year
- $920,425
- Total assets, end of year
- $682,830
- Total liabilities, end of year
- $2,601,869
- Net assets, end of year
- -$1,919,039
- Land, buildings and equipment
- $234,180
- Net assets without donor restrictions
- -$1,919,039
- Gross receipts
- $799,809
- Employees
- 13
- Volunteers
- 5
- Year formed
- 2022
- State of legal domicile
- IN
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY JONES | PRESIDENT Trustee or director, Officer | 3 | $0 |
| CHRIS GUTOWSKY | VICE PRESIDENT / SECRETARY Trustee or director, Officer | 16 | $0 |
| JAMES WATSON | TREASURER Trustee or director, Officer | 16 | $0 |
| ADAM GILES | DIRECTOR Trustee or director | 5 | $0 |
| MARGARET JONES | DIRECTOR Trustee or director | 0.01 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeffrey Jones | President Trustee or director, Officer | 3 | $0 |
| Chris Gutowsky | Vice President/Secretary Trustee or director, Officer | 16 | $0 |
| James Watson | Treasurer Trustee or director, Officer | 16 | $0 |
| Adam Giles | Director Trustee or director | 5 | $0 |
| Margaret Jones | Director Trustee or director | 0.01 | $0 |
| Inga Thompson | Director (until 5/10/23) Trustee or director | 0.01 | $0 |
990-EZ for the year ended December 31, 2022: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeffrey Jones | President | 3 | $0 |
| Chris Gutowsky | Vice President/Secretary | 16 | $0 |
| James Watson | Treasurer | 16 | $0 |
| Adam Giles | Director | 10 | $0 |
| Margaret Jones | Director | 0 | $0 |
| Inga Thompson | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 555 N MORTON ST, BLOOMINGTON, IN 47404-3730
- Principal officer (990 for 2024)
- CHRIS GUTOWSKY, 555 N MORTON ST, BLOOMINGTON, IL 474043730
- Signed the 990
- CHRIS GUTOWSKY, VICE PRESIDENT
- Phone
- (812) 961-9390
- Website
- CYNISCACYCLING.COM
- Return prepared by
- FGMK LLC
Mission
CYNISCA CYCLING IDENTIFIES, DEVELOPS, AND SUPPORTS DEDICATED YOUNG ATHLETES AS THEY PROGRESS THROUGH THE ELITE RANKS OF PRO CYCLING
Program accomplishments
- THE ORGANIZATION ENGAGES IN ACTIVITIES SUPPORTING AND DEVELOPING YOUNG AMATEUR ELITE FEMALE CYCLISTS COMPETING IN NATIONAL AND INTERNATIONAL CYCLING COMPETITIONS, WORLD CHAMPIONSHIPS, AND THE OLYMPICS. OUR MISSION IS TO HELP A DIVERSE, YOUNG GROUP OF ATHLETES AND WOMEN IN THE CYCLING INDUSTRY REACH THE TOP TIERS OF CYCLING BOTH ON AND OFF THE BIKE.Expenses $1,447,568
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 88-2158293
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N60)
- Assets (IRS master file)
- $682,830
- Income (IRS master file)
- $799,809
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $799,809 | $1,767,659 | $682,830 | XML |
| 990 | December 2023 | $854,707 | $1,552,875 | $920,425 | XML |
| 990-EZ | December 2022 | $0 | $253,021 | $283,730 | XML |
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 88-2158293).
Questions about CYNISCA CYCLING INC
- What is the EIN of CYNISCA CYCLING INC?
- The employer identification number (EIN) of CYNISCA CYCLING INC is 88-2158293.
- Is CYNISCA CYCLING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to CYNISCA CYCLING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CYNISCA CYCLING INC 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 CYNISCA CYCLING INC 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 CYNISCA CYCLING INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CYNISCA CYCLING INC?
- The 990 for the year ended December 31, 2024 names CHRIS GUTOWSKY.
- Who are the officers and directors of CYNISCA CYCLING INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does CYNISCA CYCLING INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $799,809, expenses of $1,767,659 and total assets of $682,830 at year end.
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All nonprofits in BLOOMINGTON · Indiana · Recreation and sports