Cycle Oregon INC FY2023 filing

Portland, OR501(c)(4)EIN 93-1056645Revenue $2.3M in FY2023

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.

91¢ of each $1 spent went to programs.
$142K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$142K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.0 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
$151K
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
-0.8% vs prior year
Spent
$2.3M
To programs
91%
Net assets
$454K
By yearFY2020–FY2025
Revenue
$2.3M
FY2023▼ -0.8%
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
$2.3M
FY2023▲ +6%
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
$454K
FY2023▲ +3%
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 FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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

91 cents of each dollar spent went to programs.

Program services 91% · $2.1M Management & general 9% · $212K

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

9 people listed on the 990; $142K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$141,822Pt VII · Sec A
Board Vice President
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
Board President
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board 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 · $2.1M · in their own filed words · FY2023
01

Promote Bicyce Tourism

Organize fully-supported bicycle tours that showcase rural oregon communities and geography. In 2023 we hosted 2 events throughout oregon, bringing over 1000 people to experience the willamette valley and central coast on our classic event and 500 people to eastern oregon for our gravel event.

$1.8Mprogram expense
02

Advocate for Safety and Infrastructure

In partnership with odot and alta planning and design, cycle oregon delivers a safe routes to school curriculum called jumpstart. This is a 'train the trainer' program delivered to school districts in rural oregon utilizing written, structured teaching curriculum and cycle oregon provided equipment (bikes, trailers, helments etc.) to use…

$274Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$2.3M
Ln 12
Fees for servicesLn 2g$2.1M
Gifts and grantsLn 1h$113K
Other incomeLn 4–11$76K
Money outPt IX
$2.3M
Ln 25
Programscol B$2.1M
Managementcol C$212K
Owns and owesPt X
$454K
net assets · Ln 32
Cash and savingsLn 1–2$190K
Total assetsLn 16$605K
LiabilitiesLn 26$151K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$113K
Government grantsLn 1e$86K
Noncash giftsLn 1g$25K
Fees for servicesLn 2g$2.1M
Investment incomeLn 3$4K
Other incomeLn 4–11$76K
Total revenueLn 12$2.3M
Assets in detailPt X, end of year
CashLn 1$39K
SavingsLn 2$151K
Cash and savings togetherLn 1–2$190K
Land, buildings, equipmentLn 10c$197K
Other assetsLn 15$100K
Total assetsLn 16$605K
LiabilitiesLn 26$151K
Net assetsLn 32$454K
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 FY23End FY23
Cash and savingsLn 1–2$243K$190K
Land, buildings, equipmentLn 10c$162K$197K
Total assetsLn 16$622K$605K
LiabilitiesLn 26$182K$151K
Net assetsLn 32$440K$454K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$154K$77K$77K
Other salaries and wagesLn 7$335K$306K$29K
Pension plan contributionsLn 8$6K$6K
Other employee benefitsLn 9$31K$27K$4K
Payroll taxesLn 10$43K$34K$9K
Legal feesLn 11b$100$100
Accounting feesLn 11c$28K$28K
Other fees for servicesLn 11g$17K$12K$5K
Advertising and promotionLn 12$47K$24K$24K
Office expensesLn 13$49K$39K$9K
Information technologyLn 14$14K$11K$3K
OccupancyLn 16$93K$77K$16K
Depreciation, depletion and amortizationLn 22$48K$48K$170
Other expenses (24a–d)Ln 24$1.4M$1.4M$8K
Total functional expensesLn 25$2.3M$2.1M$212K$0

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 Viewing $2.3M$2.3M$14K$454K 990 PDF
FY2022 $2.3M$2.2M$158K$440K 990 PDF
FY2021 $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 FY2023 990 (6 parts)
Part I · Summary $2,311,912 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $162,571$112,723
I-9 Program service revenuePrior year $2,060,508$2,118,917
I-10 Investment incomePrior year $1,313$4,359
I-11 Other revenuePrior year $105,683$75,913
I-12 Total revenuePrior year $2,330,075$2,311,912
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 $493,634$570,000
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,678,565$1,727,968
I-18 Total expensesPrior year $2,172,199$2,297,968
I-19 Revenue less expensesPrior year $157,876$13,944
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
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 $2,311,912 across 8 lines filed
Lines not itemized here account for $50,265 of total revenue; see the IRS return.
VIII-1e Government grants$85,618
VIII-1f All other contributions, gifts and grants$27,105
VIII-1g Noncash contributions (included above)$24,605
VIII-1h Total contributions, gifts and grants$112,723
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,118,917$2,118,917
VIII-3 Investment incomeExcluded from tax $4,359$4,359
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $18,087 · Excluded from tax $7,561$25,648
VIII-12 Total revenueRelated to mission $2,184,736 · Unrelated business $0 · Excluded from tax $14,453$2,311,912
Part IX · Statement of functional expenses $2,297,968 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $77,384 · Management $77,064$154,448
IX-7 Other salaries and wagesPrograms $306,101 · Management $28,568$334,669
IX-8 Pension plan contributionsPrograms $6,368$6,368
IX-9 Other employee benefitsPrograms $27,346 · Management $4,019$31,365
IX-10 Payroll taxesPrograms $34,433 · Management $8,717$43,150
IX-11b Legal feesManagement $100$100
IX-11c Accounting feesManagement $27,972$27,972
IX-11g Other fees for servicesPrograms $12,225 · Management $4,817$17,042
IX-12 Advertising and promotionPrograms $23,519 · Management $23,725$47,244
IX-13 Office expensesPrograms $39,439 · Management $9,294$48,733
IX-14 Information technologyPrograms $10,866 · Management $2,751$13,617
IX-16 OccupancyPrograms $76,781 · Management $16,406$93,187
IX-22 Depreciation, depletion and amortizationPrograms $48,052 · Management $170$48,222
IX-24 Other expenses (24a–d)Programs $1,423,607 · Management $8,244$1,431,851
IX-25 Total functional expensesPrograms $2,086,121 · Management $211,847 · Fundraising $0$2,297,968
Part X · Balance sheet $604,950 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $41,394$39,118
X-2 Savings and temporary cash investmentsStart of year $201,266$151,042
X-4 Accounts receivableStart of year $39,978$93,489
X-8 Inventories for sale or useStart of year $33,553$21,047
X-9 Prepaid expenses and deferred chargesStart of year $4,186$4,210
X-10c Land, buildings and equipment, netStart of year $161,518$196,526
X-15 Other assetsStart of year $140,279$99,518
X-16 Total assetsStart of year $622,174$604,950
X-17 Accounts payable and accrued expensesStart of year $41,540$25,858
X-25 Other liabilitiesStart of year $140,536$125,050
X-26 Total liabilitiesStart of year $182,076$150,908
X-27 Net assets without donor restrictionsStart of year $440,098$454,042
X-32 Total net assets or fund balancesStart of year $440,098$454,042
X-33 Total liabilities and net assetsStart of year $622,174$604,950
Part XI · Reconciliation of net assets $454,042 net assets at year end
XI-1 Total revenue$2,311,912
XI-2 Total expenses$2,297,968
XI-3 Revenue less expenses$13,944
XI-4 Net assets at start of year$440,098
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$454,042

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

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