Velosport Cycling Inc (EIN 825116334) - 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

2018

Legal Domicile

Principal Officer

Jeffrey Shein

Tax Period

2024-01-01 to 2024-12-31

Velosport Cycling Inc, founded in 2018, is a micro nonprofit in the Recreation & Sports sector that reported $27K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $31K exceeded revenue, resulting in a 12% operating deficit.

Mission

To provide cycling recreational and racing opportunities for children

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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 $27,392

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $27,392

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,912

Fundraising Expenses $0

Program Expenses $30,779

Other Expenses $14,867

TOTAL EXPENSES $30,779

Year-over-Year Comparison

	2024	2023	Change
Revenue	$27,392	$32,220	-0.1%
Expenses	$30,779	$24,850	+0.2%
Net Income	$-3,387	$7,370	-1.5%

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

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

N/A

Employees

N/A

Volunteers

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
Jeffrey Shein	President & CEO	10.00	Officer	$0	$0	$0
Pat Shein	Secretary	5.00	Officer	$0	$0	$0
Drew Kogon	Vice President	5.00	Officer	$0	$0	$0
Vivien Rindisbacher	Director	5.00	Officer	$0	$0	$0
Francesco Martucci	Director	5.00	Officer	$0	$0	$0
Terry Leong	Trustee	5.00	Officer	$0	$0	$0
Eric Nghiem	Trustee	5.00	Officer	$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	$27,392	$30,779	No data	$-3,387
2023	$32,220	$24,850	$2,398	$7,370
2022	$22,365	$26,925	No data	$-4,560
2021	$25,321	$25,733	No data	$-412
2020	$19,280	$27,280	No data	$-8,000
2019	$11,385	$11,385	No data	No data
2018	$38,582	$38,582	No data	No data

Velosport Cycling Inc