Washington Student Cycling League
EIN: 471785048 · Olympia, WA · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $334K |
| Total Expenses | $312K |
| Net Assets | $165K |
Is Washington Student Cycling League Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Washington Student Cycling League
Washington Student Cycling League (EIN: 471785048) is a nonprofit organization based in Olympia, WA, classified under NTEE code O50. The organization reported total revenue of $334K and total assets of $152K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington Student Cycling League's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washington Student Cycling League is a small nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 16.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $286K |
| Total Expenses | $312K |
| Surplus / Deficit | $-25,966 |
| Total Assets | $172K |
| Total Liabilities | $7K |
| Net Assets | $165K |
| Operating Margin | -9.1% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 6.6 months |
Financial Health Grade: B
In 2023, Washington Student Cycling League reported a deficit of $26K with expenses exceeding revenue, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Washington Student Cycling League's revenue has grown at a compound annual growth rate (CAGR) of 16.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.0% | +12.4% | -11.7% |
| 2022 | +41.2% | +145.8% | -27.5% |
| 2021 | +2.6% | -22.1% | +18.6% |
| 2020 | -21.1% | +42.2% | +9.9% |
| 2019 | +24.8% | -32.1% | +69.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Washington Student Cycling League has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Washington Student Cycling League with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.2%.
Frequently Asked Questions about Washington Student Cycling League
Is Washington Student Cycling League a legitimate charity?
Washington Student Cycling League (EIN: 471785048) is a registered tax-exempt nonprofit based in Washington. It has 8 years of IRS 990 filings on record. Total revenue: $334K. No red flags identified. Financial health grade: B.
How does Washington Student Cycling League spend its money?
Washington Student Cycling League reported $334K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Washington Student Cycling League tax-deductible?
Washington Student Cycling League is registered as a tax-exempt nonprofit (EIN: 471785048). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Washington Student Cycling League located?
Washington Student Cycling League is headquartered in Olympia, Washington and files with the IRS under EIN 471785048. It is classified under NTEE code O50.
How many years of IRS 990 filings does Washington Student Cycling League have?
Washington Student Cycling League has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $334K in total revenue.
Filing History
IRS 990 filing history for Washington Student Cycling League showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Washington Student Cycling League's revenue has grown by 188.7%, moving from $99K to $286K. Total assets increased by 86.6% over the same period, from $92K to $172K. Total functional expenses rose by 395.2%, from $63K to $312K. In its most recent filing year (2023), Washington Student Cycling League reported a deficit of $26K, with expenses exceeding revenue. The organization holds $7K in liabilities against $172K in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $165K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $286K | $312K | $172K | $7K | — | View 990 |
| 2022 | $217K | $278K | $195K | $5K | — | View 990 |
| 2021 | $154K | $113K | $269K | $17K | — | — |
| 2020 | $150K | $145K | $227K | $16K | — | — |
| 2019 | $190K | $102K | $206K | $218 | — | View 990 |
| 2018 | $152K | $150K | $122K | $0 | — | View 990 |
| 2017 | $100K | $76K | $115K | $0 | — | View 990 |
| 2016 | $99K | $63K | $92K | $976 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $286K, expenses of $312K, and assets of $172K (revenue +32.0% year-over-year).
- 2022: Revenue of $217K, expenses of $278K, and assets of $195K (revenue +41.2% year-over-year).
- 2021: Revenue of $154K, expenses of $113K, and assets of $269K (revenue +2.6% year-over-year).
- 2020: Revenue of $150K, expenses of $145K, and assets of $227K (revenue -21.1% year-over-year).
- 2019: Revenue of $190K, expenses of $102K, and assets of $206K (revenue +24.8% year-over-year).
- 2018: Revenue of $152K, expenses of $150K, and assets of $122K (revenue +52.7% year-over-year).
- 2017: Revenue of $100K, expenses of $76K, and assets of $115K (revenue +0.4% year-over-year).
- 2016: Revenue of $99K, expenses of $63K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washington Student Cycling League:
Data Sources and Methodology
This transparency report for Washington Student Cycling League is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.