EIN 20-0726745

CYCLE Changing Young Children's Lives Through Education

IRS 501(c) type
501(c)(3)
Num. employees
2
City
State
Year formed
2004
Most recent tax filings
2023-12-01
Description
CYCLE Changing Young Children's Lives Through Education dedicates itself to enhancing 2nd Grade literacy within Title One schools in the Greater Houston area. Philip Schneidau runs the charity, and it operates from Spring, TX.
Also known as...
Elves and More
Total revenues
$728,565
2023
Total expenses
$1,129,732
2023
Total assets
$374,801
2023
Num. employees
2
2023

Program areas at CYCLE Changing Young Children's Lives Through Education

See Schedule OCYCLE is a children's Charity committed to improving literacy among second grade children in Title 1 schools in the Greater Houston. We do this by rewarding students with brand-new bicycles and helmets after achieving defined academic goals, teaching the important lesson that hard work and dedication pay off. We believe this places children on the path to a brighter future. As soon as the wheels start turning, impressive things happen!The overarching goal of CYCLE is to see every student in the Greater Houston area achieve grade-level reading or above by the end of the third grade, putting them on the path to success and empowering them to reach their full potential in school and life. In addition, research has shown that achieving grade-level literacy by third grade is a key determinant of future academic success. In fact, 3rd grade reading and literacy scores are the best predictors of future graduation rates or High School dropouts. We intervene where it matters most.In 2023, CYCLE continued its return to normalcy by conducting our customary fundraising programs and expanding the building and distribution of bicycles to children. In 2023, we held two major Bike Build events at NRG Center in Houston, one in January (initially planned for 2022) resulting from bike shipping delays and another in December 2023. In January 2023, 3,785 bikes were built; in December 2023, 6,200 bikes were built at NRG Center. Bikes built at the NRG events are assembled by companies as part of team building and by individuals and families who not only donate their time but also money to help cover the cost of the bikes, helmets, and events. In 2023, CYCLE distributed 11,108 bicycles to students who achieved their reading and academic commitments to earn a bike.The Year 2024 marks the charity's 20th anniversary. Special events are planned to celebrate this milestone.

Who funds CYCLE Changing Young Children's Lives Through Education

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Houston MethodistSponsorship$32,500
Quinn and Zeng FoundationDonation$25,500
Ecw Giving FoundationCharity$15,000
...and 11 more grants received

Personnel at CYCLE Changing Young Children's Lives Through Education

NameTitleCompensation
Rebecca Lb RobertsExecutive Director$125,000
Keith KahlTreasurer$0
Lucy BremondVice President$0
Philip SchneidauPresident$0
Troy SmallSecretary$0

Financials for CYCLE Changing Young Children's Lives Through Education

RevenuesFYE 12/2023
Total grants, contributions, etc.$706,692
Program services$0
Investment income and dividends$13,723
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$8,150
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$728,565

Form 990s for CYCLE Changing Young Children's Lives Through Education

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-05990View PDF
2022-122023-05-14990View PDF
2021-122022-05-06990View PDF
2020-122021-10-07990View PDF
2019-122021-02-17990View PDF
...and 9 more Form 990s

Organizations like CYCLE Changing Young Children's Lives Through Education

OrganizationLocationRevenue
Bright BlessingsMatthews, NC$881,341
Children's Network of Solano CountyFairfield, CA$1,137,478
The Forsaken ChildrenGermantown, TN$247,227
Little Lambs Foundation for KidsLogan, UT$2,647,241
New Mexico Childrens FoundationSanta Fe, NM$283,672
Aloe FamilyNashville, TN$308,718
Family Promise of Grayson CountySherman, TX$388,588
Pronto of Long IslandBay Shore, NY$3,314,918
Rise Above FoundationNorthbridge, MA$818,095
Fort Bend Community Partners Rainbow RoomRosenberg, TX$399,756
Data update history
June 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 23, 2024
Updated personnel
Identified 9 new personnel
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $5,000 from Edward H Andrews Foundation
December 25, 2023
Received grants
Identified 4 new grant, including a grant for $32,500 from Houston Methodist
July 23, 2023
Received grants
Identified 6 new grant, including a grant for $23,390 from Quinn and Zeng Foundation
Nonprofit Types
Human service organizationsYouth service charitiesCharities
Issues
Human servicesChildren
Characteristics
Fundraising eventsState / local levelCommunity engagement / volunteeringGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
2200 Louetta Rd 101
Spring, TX 77388
Metro area
Houston-The Woodlands-Sugar Land, TX
County
Harris County, TX
Website URL
cyclehouston.org/ 
Phone
(281) 907-0071
IRS details
EIN
20-0726745
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P30: Childrens and Youth Services
NAICS code, primary
624110: Child and Youth Services
Parent/child status
Independent
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