Bo-Dyn Bobsled Project INC

Tax-deductible

Lake Placid, NY501(c)(3)Recreation & SportsEIN 16-1736373Revenue $56 in FY2021

On file with the IRSbodynbobsled.comPo Box 165, 12946-0165 · Lake Placid, NYTax-exempt since Dec 2005Publicly supported charity — 170(b)(1)(A)(vi)

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To provide the USA Bobsled Teams and it's athletes with state of the art "Made in America Bobsleds" by the design and maintenance of world class sleds and to provide an educational and

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2021 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2021
latest Form 990-EZ
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$56
+14% vs prior year
Net assets
$20K
By yearFY2020–FY2021
Revenue
$56
FY2021▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2020$49
FY2021$56
Net assets
$20K
FY2021▼ -12%
Tap a bar for its year
Net assets by fiscal year
FY2020$22K
FY2021$20K

From the FY2021 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021. IRS ruling in Dec 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

4 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Geoffrey Bodine’s $2K as Vice President is at the 20th percentile of top reported officer pay among 98 <$100K recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Programs and updates

Builds and maintains world-class bobsleds for U.S. athletes.

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Provided by the organization

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1 program · $16K · in their own filed words · FY2020
01

To sponsor and promote design, technology, engineering and manufacturing of products made in the USA through the construction of bobsleds to be used in international competition. To provide a forum of public education and to increase awareness of bobsledding both nationally and internationally.

$16Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2021 990-EZ, line by line.

1The main four
Money in
$56
Other income$56
Owns and owes
$20K
net assets
People
4
listed
Paid0
2In more detail
Revenue in detail
Other income$56
Total revenue$56
Assets in detailEnd of year
Net assets$20K
Operations
Employees0
Volunteers0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest Viewing $56$20K 990 PDF
FY2020 $49$18K−$18K$22K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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