Wheel Fun EIN 84-2056455

Wheel Fun FY2024 filing

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Encourages youth in North Central Arizona to enjoy and excel in mountain biking. For fiscal year 2024 it reported $654K in revenue, $644K in expenses, and $193K in net assets.Pt I

Type
Public charity (501(c)(3)) · Youth Development
Location
Sedona, AZ
Website
www.wheelfun.org
Filings
6 on file (2020–2024)
Revenue
$654KFY2024
Expenses
$644K
Net assets
$193K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  84-2056455 Public charity (501(c)(3)) Sedona, AZ
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Encourages youth in North Central Arizona to enjoy and excel in mountain biking.
Leadership
Scott Davidson · Director
Money in and out
$654K revenue, $644K expenses
Bottom line
93% program efficiency
Where the money goes · FY2024
Total revenue
$654K
Pt VIII · Ln 12
Total expenses
$644K
Pt IX · Ln 25
Net assets
$193K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $10K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.03 Fundraising $0.04
Program efficiency
93%
of spending reaches programs
Operating runway
3.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$654K
FY2024▲ +135%
Expenses
$644K
FY2024▲ +150%
Total assets
$196K
FY2024▲ +8%
Total liabilities
$3K
FY2024
Total revenue
$654K
Pt VIII · Ln 12
Total expenses
$644K
Pt IX · Ln 25
Net assets
$193K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$10K
Total assetsPt X · Ln 16$196K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

3 program services account for $465K of program spending, described in the organization's own filed words · FY2024.
01

Organized and ran after school bike clubs at 34 public schools in five Arizona counties.

$352Kprogram expense
02

Built a Bike Skills Park at Dr. Daniel Bright School in Cottonwood, AZ

$104Kprogram expense
03

Operated Riding For Focus Middle School Physical Education Program at four middle schools in the Verde Valley of North Central Arizona

$9Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWheel Fun
EINHdr · item D84-2056455
Principal addressHdr · item CSedona, AZ
WebsiteHdr · item Jwww.wheelfun.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFJun 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director - at Large
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Evan Puglia’s $76K as Executive Director is at the 68th percentile of top reported officer pay among 1984 $100K–1M youth development 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.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2021FY2020
Evan Puglia$75,500
Brad Viereck$25,988$6,497

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$648K · 99%
Investment income$6K · 1%
Contributions & grants99%$648K
Investment income1%$6K
— government grantsLn 1e$18K
Total revenueLn 12$654K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.03 Fundraising $0.04
Program services93%$599K
Management & general3%$18K
Fundraising4%$27K
Total functional expensesLn 25$644K

Balance Sheet

Part X · end of year
CashLn 1$196K
Total assetsLn 16$196K
Total liabilitiesLn 26$3K
Total net assetsLn 32$193K
Months of cash on handcomputed3.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $196K · Operating expenses/yr $644K
3.7 months
Where the money goes
Program services
Program services $599K · Total expenses $644K
93%
Management & General
Management & general $18K · Total expenses $644K
3%
Fundraising
Fundraising $27K · Total expenses $644K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $22K · Solicited contributions (3-yr avg) $402K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $648K · Total revenue $654K
99%
Government reliance
Government grants $18K · Total revenue $654K
3%
Earned-income share
Program service revenue $0 · Total revenue $654K
0%
Investment reliance
Investment income $6K · Total revenue $654K
+0.9%
Program self-sufficiency
Program service revenue $0 · Total expenses $644K
0%
Growth & trend
Revenue growth (YoY)
This year $654K · Prior year $278K
+135%
Revenue CAGR
FY2020 $191K · FY2024 $654K
+36%
Net-asset trend (YoY)
End of year $193K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $654K · Expenses $644K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $196K
Net-asset ratio
Net assets $193K · Total assets $196K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $196K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Scott Davidson · Reported title Director · Highest reported compensation $0 · Total expenses $644K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $226K · Total expenses $644K
35%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 3%
Fundraising cost ratio 4%
Revenue growth 135%
Accounting fee ratio 0.2%
Fundraising fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 2 grants · $16K · 2021–2023
Cottonwood-Oak Creek School DistrictFY2023$8,000
City of CottonwoodFY2021$8,458

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$943K revenue · ⤓ 990 PDF
FY2024$654K revenue · viewing · ⤓ 990 PDF
FY2023$278K revenue · ⤓ 990 PDF
FY2022$357K revenue · ⤓ 990 PDF
FY2021$252K revenue · ⤓ 990 PDF
FY2020$191K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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