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BIKES ARE THE ANSWER

SPOKANE, Washington, 99203

EIN: 82-4406132

Recreation, Sports, Leisure, Athletics

MISSION

To enable an all-inclusive junior cyclocross team through organizing volunteer coaching and team management and providing a majority of funding for insurance, practice venues, entry fees, maintenance equipment, gear, and need-based scholarships.

 FORM 1023-EZ for BIKES ARE THE ANSWER

WWW.FACEBOOK.COM/SCHOOLOFCX

DEMOGRAPHIC

ADDRESS
2118 S PARK DR
99203
COUNTY
spokane county, WA
IN CARE OF NAME
LISA SUNDERMAN

ORGANIZATIONAL OVERVIEW & RANKINGS

BIKES ARE THE ANSWER is a based in SPOKANE, WA, focused on Recreation, Sports, Leisure, Athletics causes , specifically Amateur Sports Clubs, Leagues, N.E.C.. Established in April 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $6,649.00, this ranks 712,119 among 2,656,690 nonprofits nationally (Top 27%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 15,764 out of 59,969 organizations in WA (Top 27%).

In spokane county, WA, the organization ranks 1,056 out of 3,953 nonprofits by assets (Top 27%), while locally in spokane, it stands at 805 among 2,584 organizations (Top 31%).

The organization reported annual revenue of $10,188.00, ranking 588,537 nationally (Top 23%) and 13,977 in WA (Top 24%).

Within its specific NTEE classification (N60 - N: Recreation, Sports, Leisure, Athletics), which includes 27,325 similar organizations, BIKES ARE THE ANSWER ranks 3,897 in assets (Top 15%) and 4,221 in revenue (Top 16%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 .

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year. Additional information can be found at WWW.FACEBOOK.COM/SCHOOLOFCX.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N60: Amateur Sports Clubs, Leagues, N.E.C.
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Saturday, May 15, 2021;

IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.

Data current as of Oct. 2024
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
2: $10,000 to $24,999
INCOME AMOUNT
$10,188.00
FORM 990 REVENUE AMOUNT
$10,188.00
RULING DATE
04/2022
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$6,649.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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