Cycle Oregon INC FY2021 filing

Portland, OR501(c)(4)EIN 93-1056645Revenue $561K in FY2021

On file with the IRScycleoregon.com55 Se Main St, 97214-3346 · Portland, ORTax-exempt since Mar 1993

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Cycle Oregon is a non-profit organization dedicated to transforming individuals and communities through bicycling.

71¢ of each $1 spent went to programs.
$120K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $92K a year · 8% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$120K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $150K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$13K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$561K
+15% vs prior year
Spent
$651K
To programs
71%
Net assets
$282K
By yearFY2020–FY2025
Revenue
$561K
FY2021▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2020$487K
FY2021$561K
FY2022$2.3M
FY2023$2.3M
FY2024$1.5M
FY2025$0
Expenses
$651K
FY2021▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020$668K
FY2021$651K
FY2022$2.2M
FY2023$2.3M
FY2024$1.8M
FY2025$196K
Net assets
$282K
FY2021▲ +35%
Tap a bar for its year
Net assets by fiscal year
FY2020$209K
FY2021$282K
FY2022$440K
FY2023$454K
FY2024$196K
FY2025$0

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1993.

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

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $464K Management & general 27% · $177K Fundraising 1% · $10K

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

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Who runs it and what they're paid

11 people listed on the 990; $120K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$120,100Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Steve Schulz$133,839$141,822$125,250$120,100$111,895

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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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 15aNo

Programs and updates

Transforms individuals and communities through bicycling.

Questions for Cycle Oregon INC

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Provided by the organization

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2 programs · $464K · in their own filed words · FY2021
01

Promote Bicycle Tourism

Organize fully-supported bicycle tours that showcase rural oregon. In 2021, we hosted 2 weekends of cycling on our tygh valley rally event, bringing nearly 1,000 people to experience wasco county.

$349Kprogram expense
02

Advocate for Safety and Infrastructure

Cycle oregon began partnerships with odot and alta planning and design to create a rural based safe routes to school program, to be launched in 2022.

$115Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 1 funder$150K
Grants paid · 1 grant · $273K · 2024–2024
Cycle Oregon FoundationOR · FY2024$272,683

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$561K
Ln 12
Fees for servicesLn 2g$296K
Gifts and grantsLn 1h$244K
Other incomeLn 4–11$21K
Money outPt IX
$651K
Ln 25
Programscol B$464K
Managementcol C$177K
Fundraisingcol D$10K
Owns and owesPt X
$282K
net assets · Ln 32
Cash and savingsLn 1–2$138K
Total assetsLn 16$295K
LiabilitiesLn 26$13K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$244K
Government grantsLn 1e$175K
Noncash giftsLn 1g$6K
Fees for servicesLn 2g$296K
Investment incomeLn 3$54
Other incomeLn 4–11$21K
Total revenueLn 12$561K
Assets in detailPt X, end of year
CashLn 1$28K
SavingsLn 2$110K
Cash and savings togetherLn 1–2$138K
Land, buildings, equipmentLn 10c$10K
Total assetsLn 16$295K
LiabilitiesLn 26$13K
Net assetsLn 32$282K
OperationsPt I, VI
EmployeesI 55
VolunteersI 690
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$140K$138K
Land, buildings, equipmentLn 10c$23K$10K
Total assetsLn 16$230K$295K
LiabilitiesLn 26$21K$13K
Net assetsLn 32$209K$282K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$132K$77K$53K$3K
Other salaries and wagesLn 7$148K$88K$59K
Pension plan contributionsLn 8$4K$2K$2K
Other employee benefitsLn 9$22K$13K$9K
Payroll taxesLn 10$24K$14K$10K$244
Accounting feesLn 11c$9K$9K
Other fees for servicesLn 11g$6K$6K
Advertising and promotionLn 12$8K$7K$364$398
Office expensesLn 13$4K$2K$2K$39
Information technologyLn 14$6K$3K$2K$55
OccupancyLn 16$35K$20K$14K$345
TravelLn 17$403$238$161$4
Depreciation, depletion and amortizationLn 22$13K$8K$4K
Other expenses (24a–d)Ln 24$240K$227K$8K$5K
Total functional expensesLn 25$651K$464K$177K$10K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $0$196K−$196K$0 990 PDF
FY2024 $1.5M$1.8M−$258K$196K 990 PDF
FY2023 $2.3M$2.3M$14K$454K 990 PDF
FY2022 $2.3M$2.2M$158K$440K 990 PDF
FY2021 Viewing $561K$651K−$90K$282K 990 PDF
FY2020 $487K$668K−$181K$209K 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 FY2021 990 (6 parts)
Part I · Summary $561,110 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,787$243,565
I-9 Program service revenuePrior year $323,505$296,210
I-10 Investment incomePrior year $1,001$54
I-11 Other revenuePrior year $155,393$21,281
I-12 Total revenuePrior year $486,686$561,110
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $357,037$330,888
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $310,808$319,980
I-18 Total expensesPrior year $667,845$650,868
I-19 Revenue less expensesPrior year −$181,159−$89,758
Part VI · Governance 10 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $561,110 across 9 lines filed
Lines not itemized here account for $8,421 of total revenue; see the IRS return.
VIII-1b Membership dues$52,537
VIII-1e Government grants$175,308
VIII-1f All other contributions, gifts and grants$15,720
VIII-1g Noncash contributions (included above)$5,820
VIII-1h Total contributions, gifts and grants$243,565
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $296,210$296,210
VIII-3 Investment incomeExcluded from tax $54$54
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $11,345 · Excluded from tax $1,515$12,860
VIII-12 Total revenueRelated to mission $315,976 · Unrelated business $0 · Excluded from tax $1,569$561,110
Part IX · Statement of functional expenses $650,868 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $76,765 · Management $52,523 · Fundraising $3,065$132,353
IX-7 Other salaries and wagesPrograms $88,353 · Management $59,362$147,715
IX-8 Pension plan contributionsPrograms $2,387 · Management $1,586$3,973
IX-9 Other employee benefitsPrograms $13,343 · Management $9,137$22,480
IX-10 Payroll taxesPrograms $14,376 · Management $9,747 · Fundraising $244$24,367
IX-11c Accounting feesManagement $8,646$8,646
IX-11g Other fees for servicesManagement $5,576$5,576
IX-12 Advertising and promotionPrograms $7,440 · Management $364 · Fundraising $398$8,202
IX-13 Office expensesPrograms $2,313 · Management $1,544 · Fundraising $39$3,896
IX-14 Information technologyPrograms $3,251 · Management $2,204 · Fundraising $55$5,510
IX-16 OccupancyPrograms $20,359 · Management $13,804 · Fundraising $345$34,508
IX-17 TravelPrograms $238 · Management $161 · Fundraising $4$403
IX-22 Depreciation, depletion and amortizationPrograms $8,486 · Management $4,370$12,856
IX-24 Other expenses (24a–d)Programs $226,869 · Management $8,126 · Fundraising $5,388$240,383
IX-25 Total functional expensesPrograms $464,180 · Management $177,150 · Fundraising $9,538$650,868
Part X · Balance sheet $294,881 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $125,707$28,353
X-2 Savings and temporary cash investmentsStart of year $14,525$109,554
X-4 Accounts receivable$36,387
X-8 Inventories for sale or useStart of year $57,064$46,911
X-9 Prepaid expenses and deferred chargesStart of year $10,190$63,906
X-10c Land, buildings and equipment, netStart of year $22,626$9,770
X-16 Total assetsStart of year $230,112$294,881
X-17 Accounts payable and accrued expensesStart of year $20,777$12,659
X-26 Total liabilitiesStart of year $20,777$12,659
X-27 Net assets without donor restrictionsStart of year $209,335$282,222
X-32 Total net assets or fund balancesStart of year $209,335$282,222
X-33 Total liabilities and net assetsStart of year $230,112$294,881
Part XI · Reconciliation of net assets $282,222 net assets at year end
XI-1 Total revenue$561,110
XI-2 Total expenses$650,868
XI-3 Revenue less expenses−$89,758
XI-4 Net assets at start of year$209,335
XI-8 Prior period adjustments$162,645
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$282,222

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

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