Overview

Sign up for

Est.

1995

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

VELODROME FUND INC is a nonprofit organization dedicated to operating the velodrome facility and promoting bicycle racing. With an operating budget of $722.8K and total revenue of $780.4K for the 2024 filing year, the organization relies on a diverse range of funding sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.thevelodrome.com.

Mission Statement

TO OPERATE THE VELODROME FACILITY AND PROMOTE BICYCLE RACING.
Revenues
$780.4K
Expenses
$722.8K
Net Income:
+$57.6K
Assets
$1.6M
Liabilities
$13.6K
Net Assets:
+$1.5M
Operating Budget
$722.8K
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
1
Median grant size
$118
Largest grant received
$118
M
Michelle Lee
Board Member
B
Bob Martin
Board Member
D
DR Neal Stansbury
Board Member

Frequently Asked Questions

What is VELODROME FUND INC’s budget?
In 2024, VELODROME FUND INC reported an annual operating budget of around $723 thousand. More detailed financial information is available to registered users.
What causes does VELODROME FUND INC support?
VELODROME FUND INC supports work in Sports.
Where does VELODROME FUND INC operate?
VELODROME FUND INC is headquartered in Trexlertown, PA.
Who funded VELODROME FUND INC recently?
In 2024, VELODROME FUND INC received grants from VERIZON FOUNDATION, AMERICAN ONLINE GIVING FOUNDATION INC, and RODALE FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant VELODROME FUND INC received in 2024?
The largest grant to VELODROME FUND INC in 2024 exceeds <$1,000.
What is VELODROME FUND INC’s reliance on government grants?
VELODROME FUND INC relied on government grants for less than 5% of their total revenue in 2024.