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Nonprofit · EIN 30-0421279

FAST TRACK CYCLING

Tax-exempt · CHAGRIN FALLS, OH 44022

Financials

$27K$30K2023$33K$23K2024
Revenue Expenses · by fiscal year end
Financials of FAST TRACK CYCLING by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$33,296$23,470$9,826$17,155$0$17,155
December 31, 2023990$27,149$29,975-$2,826$7,329$0$7,329
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$31,130
Program service revenue
$2,166
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$19,305
Depreciation
$872
Program services (functional)
$23,470

Balance sheet and other

Total assets, start of year
$7,329
Total assets, end of year
$17,155
Total liabilities, end of year
$0
Net assets, end of year
$17,155
Land, buildings and equipment
$5,781
Gross receipts
$33,296
Employees
0
Volunteers
25
Year formed
2007
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Paul MartinTrustee
Trustee or director
1$0
Connie CarrTrustee
Trustee or director
1$0
Nancy Lyon StadlerTrustee
Trustee or director
1$0
Peter GutierrezTrustee
Trustee or director
1$0
Thomas J HlavatyTrustee
Trustee or director
1$0
Kara CarterTrustee
Trustee or director
1$0
Brett DavisTreasurer
Officer
5$0
Matt LitzlerPresident
Officer
1$0
Gary buckholderVice President
Officer
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Paul MartinTrustee
Trustee or director
1$0
Connie CarrTrustee
Trustee or director
1$0
Fred MonagoTrustee
Trustee or director
1$0
Nancy Lyon StadlerTrustee
Trustee or director
1$0
Peter GutierrezTrustee
Trustee or director
1$0
Thomas J HlavatyTrustee
Trustee or director
1$0
Kara CarterTrustee
Trustee or director
1$0
Brett DavisTreasurer
Officer
5$0
Gary BurkholderVice President
Officer
1$0
Matt LitzlerPresident
Officer
1$0

Address and contacts

Address (IRS master file)
60 S MAIN ST, CHAGRIN FALLS, OH 44022-3218
In care of
% BRETT DAVIS
Principal officer (990 for 2024)
Brett Davis, 60 S Main St, Chagrin Falls, OH 440223218
Signed the 990
BRETT DAVIS, Treasurer
Phone
(440) 333-3342
Return prepared by
Hlavaty & Associates Inc

Mission

To raise funding for and to develop, promote, and sustain the operations of a velodrome in the Cleveland OH region. Promote youth cycling development and community based education.

990 for the year ended December 31, 2024

Program accomplishments

  • Fast Track Cycling owns and operates a velodrome bike track. Youth cycling is promoted.
    Expenses $23,470

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
30-0421279
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$17,155
Income (IRS master file)
$33,296

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$33,296$23,470$17,155IRS
990December 2023$27,149$29,975$7,329XML
990December 2022$14,852$15,048$10,155IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 30-0421279).

Questions about FAST TRACK CYCLING

What is the EIN of FAST TRACK CYCLING?
The employer identification number (EIN) of FAST TRACK CYCLING is 30-0421279.
Is FAST TRACK CYCLING tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to FAST TRACK CYCLING tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FAST TRACK CYCLING file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of FAST TRACK CYCLING due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FAST TRACK CYCLING last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FAST TRACK CYCLING?
The 990 for the year ended December 31, 2024 names Brett Davis.
Who are the officers and directors of FAST TRACK CYCLING?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does FAST TRACK CYCLING have?
On its 990 for the year ended December 31, 2024 it reported revenue of $33,296, expenses of $23,470 and total assets of $17,155 at year end.

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