Sacred Cycle INC

Tax-deductible

Avon, CO501(c)(3)Mental HealthEIN 81-1114192

Sacred Cycle is healing our community by empowering survivors of sexual abuse and sexual assault, through therapy and cycling; creating a sacred cycle of recovery.

501(c)(3) charity; gifts are tax-deductible.
43¢ of each $1 spent went to programs.
Run by 5 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2023 · Form 990Independent: 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
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $7K a year · 14% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
43%
of spending
Concern: 43% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
48 mo
of spending, in cash
Looks good: 48.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $90
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$81
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$33K
-33% vs prior year
Spent
$11K
To programs
43%
Net assets
$49K
By yearFY2020–FY2023
Revenue
$33K
FY2023▼ -33%
Revenue by fiscal year
FY2020$72K
FY2021$63K
FY2022$50K
FY2023$33K
Expenses
$11K
FY2023▼ -64%
Expenses by fiscal year
FY2020$69K
FY2021$76K
FY2022$32K
FY2023$11K
Net assets
$49K
FY2023▲ +74%
Net assets by fiscal year
FY2020$21K
FY2021$8K
FY2022$28K
FY2023$49K

From the FY2023 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Feb 2016.

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

Where the money goes

43 cents of each dollar spent went to programs.

Program services 43% · $5K Management & general 43% · $5K Fundraising 14% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

4 people listed on the 990.

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

Clare Hefferen’s $26K as Executive Director is at the 61st percentile of top reported officer pay among 185 <$100K mental health 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.

See Sacred Cycle INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowering survivors of sexual abuse through therapy and cycling for healing and recovery.

Provided by the organization

This section is blank until Sacred Cycle INC claims this page.

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1 program service account for $5K of program spending, described in the organization's own filed words · FY2023.
01

Since inception in 2013, Sacred Cycle has helped survivors of sexual assault through therapy and mountain biking. As a result of the impact of COVID-19 beginning in 2020, the number of participants in the program has been lower than in previous years.

$5Kprogram expense

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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 · FY2023
Total grants receivedfrom 1 funder$90

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$33K
Ln 12
Gifts and grantsLn 1h$31K
Fees for servicesLn 2g$2K
Investment incomeLn 3$7
Money outPt IX
$11K
Ln 25
Programscol B$5K
Managementcol C$5K
Fundraisingcol D$2K
Owns and owesPt X
$49K
net assets · Ln 32
Cash and savingsLn 1–2$46K
Total assetsLn 16$49K
LiabilitiesLn 26$81
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$31K
Fees for servicesLn 2g$2K
Investment incomeLn 3$7
Total revenueLn 12$33K
Assets in detailPt X, end of year
CashLn 1$33K
SavingsLn 2$13K
Cash and savings togetherLn 1–2$46K
Total assetsLn 16$49K
LiabilitiesLn 26$81
Net assetsLn 32$49K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$26K$46K
Total assetsLn 16$28K$49K
LiabilitiesLn 26$81$81
Net assetsLn 32$28K$49K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$2K$2K
Office expensesLn 13$35$35
Information technologyLn 14$2K$2K
InterestLn 20$677$677
Other expenses (24a–d)Ln 24$4K$3K$65$2K
Total functional expensesLn 25$11K$5K$5K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest Viewing $33K$11K$22K$49K 990 PDF
FY2022 $50K$32K$18K$28K 990 PDF
FY2021 $63K$76K−$13K$8K 990 PDF
FY2020 $72K$69K$2K$21K 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
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $33,087 across 5 lines filed
VIII-1f All other contributions, gifts and grants$31,330
VIII-1h Total contributions, gifts and grants$31,330
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,750$1,750
VIII-3 Investment incomeRelated to mission $7$7
VIII-12 Total revenueRelated to mission $1,757 · Unrelated business $0 · Excluded from tax $0$33,087
Part IX · Statement of functional expenses $11,333 across 6 lines filed
IX-11c Accounting feesManagement $1,661$1,661
IX-11g Other fees for servicesPrograms $2,101$2,101
IX-13 Office expensesManagement $35$35
IX-14 Information technologyManagement $2,455$2,455
IX-20 InterestManagement $677$677
IX-24 Other expenses (24a–d)Programs $2,739 · Management $65 · Fundraising $1,600$4,404
IX-25 Total functional expensesPrograms $4,840 · Management $4,893 · Fundraising $1,600$11,333
Part X · Balance sheet $48,832 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $7,834$32,916
X-2 Savings and temporary cash investmentsStart of year $17,907$12,913
X-8 Inventories for sale or useStart of year $1,783$3,003
X-16 Total assetsStart of year $28,024$48,832
X-17 Accounts payable and accrued expensesStart of year $81$81
X-26 Total liabilitiesStart of year $81$81
X-27 Net assets without donor restrictionsStart of year $27,943$48,751
X-32 Total net assets or fund balancesStart of year $27,943$48,751
X-33 Total liabilities and net assetsStart of year $28,024$48,832
Part XI · Reconciliation of net assets $48,751 net assets at year end
XI-1 Total revenue$33,087
XI-2 Total expenses$11,333
XI-3 Revenue less expenses$21,754
XI-4 Net assets at start of year$27,943
XI-8 Prior period adjustments−$946
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$48,751

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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