CT CYCLING ADVANCEMENT PROGRAMINC (EIN 461774656) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

MICHAEL PATTERSON

Phone

2672803058

Tax Period

2024-01-01 to 2024-12-31

CT CYCLING ADVANCEMENT PROGRAMINC, founded in 2013, is a small nonprofit in the Recreation & Sports sector that reported $537K in total revenue in fiscal year 2024. Expenses of $473K left a modest 12% surplus.

Mission

BETTER THE LIVES OF YOUTH AND YOUNG ADULTS THROUGH THE SPORT OF CYCLING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $274,238

Program Service Revenue $284,683

Investment Income $27

Other Revenue $-21,721

TOTAL REVENUE $537,227

Expense Breakdown

Grants Paid $0

Salaries & Benefits $228,670

Fundraising Expenses $0

Program Expenses $456,021

Other Expenses $244,441

TOTAL EXPENSES $473,111

Year-over-Year Comparison

	2024	2023	Change
Revenue	$537,227	$505,283	+0.1%
Expenses	$473,111	$483,700	0.0%
Net Income	$64,116	$21,583	+2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AIDAN CHARLES	BOARD MEMBER	2.00	Director	$0	$0	$0
EVAN FOX	BOARD MEMBER	0.50	Director	$0	$0	$0
WILLIS GEE	BOARD MEMBER	0.50	Director	$0	$0	$0
PETER HEARD	BOARD MEMBER	0.75	Director	$0	$0	$0
PHILLIP KRALL	BOARD MEMBER	0.50	Director	$0	$0	$0
MICHAEL MARKOWICZ	GENERAL COUN	0.50	Director	$0	$0	$0
KEVIN MONAHAN	BOARD MEMBER	0.50	Director	$0	$0	$0
MICHAEL PATTERSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
AMBER PIERCE	BOARD MEMBER	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$537,227	$473,111	$360,351	$64,116
2023	$505,283	$483,700	$295,949	$21,583
2022	$439,642	$598,457	$274,305	$-158,815
2021	$545,778	$429,017	$433,267	$116,761
2020	$367,353	$377,604	$262,581	$-10,251
2019	$638,061	$535,541	$241,129	$102,520

CT CYCLING ADVANCEMENT PROGRAMINC