EIN 85-1436997

Grow Cycling Foundation Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
2020
Most recent tax filings
2023-12-01
Description
Grow Cycling Foundation Corporation promotes education, access and economic empowerment opportunities that increase inclusion and belonging in cycling and the outdoors. The foundation raised 100% of the funds to finance, develop, ideate, obtain regulatory approvals and fully construct the very first public pumptrack in Los Angeles. It is situated in a beautiful 55-acre park in Inglewood, one of the most diverse and fastest-growing cities in Southern California.
Total revenues
$357,870
2023
Total expenses
$371,317
2023
Total assets
$259,132
2023
Num. employees
0
2023

Program areas at Grow Cycling Foundation Corporation

Grow Cycling Foundation achieved a spectacular milestone in 2023 when we opened the very first public pumptrack in los angeles on september 24th, 2023 our opening day event began with a ribbon cutting ceremony by the mayor and city leadership along with national and international professional athletes, global brands, and hundreds of donors and supporters. We welcomed over 1,000 la children and families of all ages, backgrounds and bike disciplines who came out to ride their bikes and share in the joy and celebration of fun, safe Cycling together. Grow raised 100% of the funds to finance and develop our pumptrack, managed all government and regulatory approvals along with the complete design, construction and completion of the capital project. We selected the location of the inglewood pumptrack to be built in a beautiful, 55-acre park in the heart of inglewood, one of the most diverse and fasted growing communities in america. Grow's inglewood pumptrack is an environmentally sustainable, community-building recreational hub, forecasted to serve 250,000 people/year, mostly kids. We have been named one of the top outdoor destinations in los angeles by vox media/thrillist magazine. The inglewood pumptrack is a popular and significant part of the city's famous "sports capital of america" venues. We are ground zero for safe youth discovery and exploration in los angeles for modern, urban accessible Cycling spaces. Our programming will develop and provide pathways of education and access to aspirational and fulfilling career development, entry points to world championship racing and olympic events, as well as the lifelong health, mental wellness and social benefits of Cycling. Our milestone achievement represents what the Cycling community and innovative communities like inglewood can achieve when we come together. Grow's job's board attracted over 11,000 applicants for its aspirational and fulfilling access to jobs where fun, healthy, inclusive community- oriented Cycling culture is enjoyed, embraced and/or integrated in careers ranging from entry-level mechanics to c-suite level positions at global brands and companies. Our outreach to promote more belonging for women include hybrid and remote work for new and/or working moms and more discovery access for women who have never considered working professionally in Cycling before. Grow provides award winning research-based educational programs to inglewood public schools that not only help students learn to ride and develop safe Cycling skills, but also focus on the physical, behavioral and mental health benefits of Cycling for children. We partner with ucla to help us collect data and measure results in our research-based programs. Students show increased attendance on Cycling days, and report better sleep, better focus in class and feeling happier when they cycle.

Personnel at Grow Cycling Foundation Corporation

NameTitleCompensation
Joi JacksonPresident$0
Eliot JacksonFounder and CH$0
Katie HoldenVice - Chairman$0

Financials for Grow Cycling Foundation Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$357,716
Program services$0
Investment income and dividends$0
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$0
Net income from gaming activities$0
Net income from sales of inventory$154
Miscellaneous revenues$0
Total revenues$357,870

Form 990s for Grow Cycling Foundation Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-09990View PDF
2022-122023-10-06990View PDF
2021-122022-08-31990View PDF
2020-122021-09-01990View PDF
Data update history
November 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 13, 2023
Received grants
Identified 3 new grant, including a grant for $52,966 from American Online Giving Foundation
May 14, 2023
Updated personnel
Identified 1 new personnel
May 7, 2023
Received grants
Identified 1 new grant, including a grant for $2,000 from The Cheek Family Foundation XXXXX1000
Nonprofit Types
Parks and recreation centersCharities
Issues
Human services
Characteristics
Provides grantsState / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
550 N Central Expy 176
Mckinney, TX 75070
Metro area
Dallas-Fort Worth-Arlington, TX
County
Collin County, TX
Website URL
growcyclingfoundation.org/ 
Phone
(630) 240-1383
IRS details
EIN
85-1436997
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N30: Physical Fitness and Community Recreational Facilities
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Independent
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