Sound Velo Cycling in Seattle, Washington (WA)

Sound Velo Cycling
Employer Identification Number (EIN)	331029984
Name of Organization	Sound Velo Cycling
Address	1012 Ne 62nd St, Seattle, WA 98115-6604
Subsection	Social Welfare Organization
Ruling Date	08/2005
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$100,000 to $499,999
Income	$25,000 to $99,999
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$104,675
Amount of Income	$33,115
Form 990 Revenue Amount	$33,115
National Taxonomy of Exempt Entities (NTEE)	Recreation, Sports, Leisure, Athletics: Amateur Sports Clubs, Leagues, (Not Elsewhere Classified)

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Financial snapshot ($)

Revenue for 2013

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$33,087	$32,289	$33,115
Contributions, gifts, grants, and similar amounts received	$29,000	$26,500	$28,460
Program service revenue including government fees and contracts	$0	$0	$0
Membership dues and assessments	$3,000	$3,500	$3,450
Investment income	$329	$229	$305
Gain/Loss from sale of assets other than inventory	$0	$0	$0
Net income/loss from gaming and fundraising events	$0	$0	$0
Gross profit/loss from sales of inventory	$0	$0	$0
Other revenue	$758	$2,060	$900
Total expenses	$19,164	$26,949	$30,315
Total net assets	$96,535	$101,875	$104,675
Excess/Deficit for the year	$13,923	$5,340	$2,800
Net assets or fund balances at beginning of year	$82,612	$96,535	$101,875
Other changes in net assets or fund balances	$0	$0	$0
Net assets or fund balances at end of year		$101,875	$104,675

	2011	2012	2013
Balance Sheets
Total assets	$96,535	$101,875	$104,675
Total liabilities	$0	$0	$0
Net assets or fund balances	$96,535	$101,875	$104,675

	2011	2012	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?		No	No
Were any significant changes made to the organizing or governing documents?		No	No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No	No	No
Has the organization filed a Form 990-T for the year?		No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?		No	No
Amount of political expenditures, direct or indirect		$0	$0
Did the organization file Form 1120-POL for this year?		No	No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?		No	No
Total amount involved		$0	$0
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?		No	No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?		No	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	Not provided
Number of organizations supported	0
Sum of amounts of support	$0

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Id	Name	Address	State	Established	Total Income
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9	Sound Institute Of Family And Childrens Services	5883 State Highway 303 Ne Ste 201, Bremerton, WA 98311-3769	WA	1969-08	$406,775
10	Sound Mental Health	1600 E Olive St, Seattle, WA 98122-2735	WA	1967-04	$49,297,082
11	Sound Velo Cycling	1012 Ne 62nd St, Seattle, WA 98115-6604	WA	2005-08	$33,115
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18	South King County Junior Football League	PO BOX 28398, Seattle, WA 98118-8398	WA	1985-09	$68,386
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20	South Kitsap Soccer Club	PO BOX 23, Port Orchard, WA 98366-0023	WA	2007-06	$110,374

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