EIN 81-3510640

Aevolo Cycling

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2016
Most recent tax filings
2023-10-01
NTEE code, primary
Description
Aevolo Cycling is a USA Cycling registered team focused on developing elite Under-23 riders. Led by Michael Creed, it aims to achieve excellence in cycling while promoting continued education and personal growth. The team competes in national and international events across the USA and participates in prestigious races in South America and Europe. Aevolo emphasizes a student-athlete approach that values intellectual curiosity and holistic development, all while operating as a private foundation based in New York, NY.
Total revenues
$641,409
2023
Total expenses
$658,851
2023
Total assets
$82,437
2023
Num. employees
1
2023

Program areas at Aevolo Cycling

Aevolo Cycling, Inc. ("Aevolo") focuses on developing student athletes by providing training and access to participate in Cycling competitions. Throughout the year, Aevolo's team, which exclusively comprised of riders under the age 23, had participated in numeorus bicycle races taken place across the country. The exposure to professionally organized competition and constant training gradually turning them into future elite cyclists.
Aevolo Cycling, Inc. ("Aevolo") is a us-registered uci continental Cycling team organized for the specific purpose of developing amateur athletes in the sport of Cycling and encouraging the pursuit of continued educaton and intellectual curiosity. Aevolo Cycling, Inc. ("Aevolo") focuses on developing student athletes by providing training and access to participate in Cycling competitions. Throughout the year, Aevolo's team, which exclusively comprised of riders under the age 23, had participated in numeorus bicycle races taken place across the country. The exposure to professionally organized competition and constant training gradually turning them into future elite cyclists.

Who funds Aevolo Cycling

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Pro Cyclist FoundationDevelop Elite Cyclists$25,000
AmazonSmile FoundationGeneral Support$23

Personnel at Aevolo Cycling

NameTitleCompensation
Gary BavolarChief Mechanic
Michael Laroche CreedSports Director | Manager$65,000
Steven van DerzwanPresident

Financials for Aevolo Cycling

RevenuesFYE 10/2023
Total grants, contributions, etc.$635,025
Investment income and dividends$6,384
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$641,409

Form 990s for Aevolo Cycling

Fiscal year endingDate received by IRSFormPDF link
2023-102024-09-14990PFView PDF
2022-102023-09-15990PFView PDF
2021-102022-09-15990View PDF
2020-102021-09-15990View PDF
2019-102021-02-17990View PDF
...and 3 more Form 990s

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Data update history
September 11, 2024
Updated personnel
Identified 1 new personnel
August 26, 2024
Posted financials
Added Form 990 for fiscal year 2021
March 29, 2024
Used new vendors
Identified 1 new vendor, including
December 24, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from Pro Cyclist Foundation
October 28, 2023
Posted financials
Added Form 990PF for fiscal year 2022
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Human servicesSports
Characteristics
Provides grantsTax deductible donationsAccepts online donations
General information
Address
138 Reade St Ground
New York, NY 10013
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
aevolocycling.org/ 
Phone
(212) 965-0298
IRS details
EIN
81-3510640
Fiscal year end
October
Taxreturn type
Form 990-PF
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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