Star Track Cycling Inc

EIN: 810688663 501(c)(3) Recreation & Sports

New York, NY

Total Revenue
$448,794
Total Expenses
$351,255
Total Assets
$328,597
Net Assets
$313,466
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NY
Principal Officer
Peter Taylor
Phone
9174431866
Tax Period
2024-01-01 to 2024-12-31

Star Track Cycling Inc, founded in 2015, is a small nonprofit in the Recreation & Sports sector that reported $449K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $98K, a strong 22% operating margin.

Mission

Our goal is to empower New York City children from under-resourced communities by building self-confidence, strength, goal-setting and teamwork skills through the exciting sport of track racing. Star Track's mission is to reach children with a physical activity that engages them. In this way, we can address the health and emotional issues facing under-active children of today. The children we serve learn the discipline associated with being an athlete. They set goals and train to become part of a competitive cycling team. They also benefit from mentoring by our experienced coaches

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $448,794
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $448,794

Expense Breakdown

Grants Paid $0
Salaries & Benefits $50,360
Fundraising Expenses $73,509
Program Expenses $266,632
Other Expenses $300,895
TOTAL EXPENSES $351,255

Year-over-Year Comparison

2024 2023 Change
Revenue $448,794 $376,385 +0.2%
Expenses $351,255 $348,669 +0.0%
Net Income $97,539 $27,716 +2.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
N/A
Employees
4
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
1
$0
Total Directors
8
$34,833
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peter Taylor Director 30.00
Officer Director
$0 $0 $0
David Harrison Co-Director 30.00
Director
$34,833 $0 $34,833
Gregory Olsen President 1.00
Director
$0 $0 $0
Rochelle Taylor Treasurer 5.00
Director
$0 $0 $0
Lawrence Bader Director 0.10
Director
$0 $0 $0
Brian Hamilton Director 0.20
Director
$0 $0 $0
Noah Roy Director 0.20
Director
$0 $0 $0
Michael Simon Director 0.15
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
2024 $448,794 $351,255 $328,597 $97,539
2023 $376,385 $348,669 $233,243 $27,716
2022 $341,101 $399,106 $200,495 $-58,005
2021 $295,133 $265,357 $258,395 $29,776
2019 $323,948 $260,639 $365,720 $63,309
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