2024-04-05T11:39:16-05:00 2023-12-31 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990 2023-01-01 200726745 CYCLE Changing Young Children's Lives Through Education CYCL 2819070071 2200 Louetta Road 101 Spring TX 77388 Keith Kahl Treasurer 2819070071 2024-04-05 1 Keith Kahl 999009999 0 Barbara Murphy P01386215 7134395739 2024-04-05 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z Philip Schneidau 2200 Louetta Road 101 Spring TX 77388 901200 0 X www.cyclehouston.org X 2004 TX We are a children's charity dedicated to improving 2nd Grade literacy at Title One schools in the Greater Houston area. 22 22 2 2800 0 0 502550 706692 0 0 86 13723 8740 8150 511376 728565 168025 854057 0 0 128507 174931 0 0 76637 40888 100744 337420 1129732 173956 -401167 776504 374801 726 190 775778 374611 X See Schedule OWe envision every student in the Greater Houston area achieving grade-level reading or above by the end of the 3rd grade, putting them on the path to success and empowering them to reach their full potential in school and life.We allow young students to earn a bicycle for achieving their set literacy goals, and in return, they learn that hard work equals reward. We believe that understanding this lesson can lead school children to a brighter future. 0 0 994054 854057 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. 994054 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 0 1 2 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 X X Rebecca LB Roberts 2819070071 2200 Louetta Road 101 Spring TX 77388 Philip Schneidau President 6.00 X X 0 0 0 Lucy Bremond Vice President 3.00 X X 0 0 0 Troy Small Secretary 1.00 X X 0 0 0 Keith E Kahl Treasurer 3.00 X X 0 0 0 Acho Azuike Director 1.00 X 0 0 0 Hans Barcus Director 1.00 X 0 0 0 Sara Black Director 3.00 X 0 0 0 Blake Boyd Director 1.00 X 0 0 0 Helen Currie Director 1.00 X 0 0 0 Thomas Tom C Davis Director 2.00 X 0 0 0 Sam Diaz Director 1.00 X 0 0 0 Jeff Gardner Director 1.00 X 0 0 0 Leo Hamel Director 1.00 X 0 0 0 Matthew Harris Director 1.00 X 0 0 0 Steven Joest Director 1.00 X 0 0 0 Jae Lee Director 1.00 X 0 0 0 Dr Vindiana Leyva-Tsychuyeva Director 1.00 X 0 0 0 Tim McCarthy Director 1.00 X 0 0 0 David L Moore Director 4.00 X 0 0 0 Gary Moss Director 1.00 X 0 0 0 Eric Potts Director 1.00 X 0 0 0 Doug Quinn Director 1.00 X 0 0 0 Maria Quinones Director 3.00 X 0 0 0 Eric Rosenman Director 1.00 X 0 0 0 Ken Smiley Director 1.00 X 0 0 0 Cathy Tosto Director 1.00 X 0 0 0 Rebecca LB Roberts Executive Dir. 40.00 X 125000 0 0 125000 0 0 1 0 0 0 0 389150 317542 123139 706692 13723 13723 180785 389150 172635 8150 8150 728565 0 0 21873 854057 854057 125000 62500 12500 50000 37500 18750 3750 15000 12431 6216 1243 4972 21500 21500 1445 644 644 157 27276 5014 15754 6508 1744 872 872 32599 32599 6432 5550 882 3752 1856 1896 Food and sundries 5996 5996 1129732 994054 59041 76637 103067 32540 201130 259350 33000 80090 439307 2821 776504 374801 726 190 726 190 X 775778 374611 775778 374611 776504 374801 -401167 0 X 0 1 X 1 0 X 597412 332897 511566 502550 706692 2651117 597412 332897 511566 502550 706692 2651117 273132 2377985 34 7 6 86 13723 13856 2664973 0.89230 0.88980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1059759 331194 331194 728565 0 728565 1460926 331194 331194 1129732 0 1129732 Bicycle Ball 453649 308877 144772 38622 6090 94785 Golf Tournament 53174 39599 13575 287 6156 2631 2274 1 63112 40674 22438 170 13248 110 8262 569935 389150 180785 457 19404 41363 6090 105321 172635 8150 1 Bicycles and helmets 11108 854057 Cost Bicycles and helmets Part I, Line 2: CYCLE partners with school officials in the Houston Independent School District and other ISDs in the Greater Houston area. Focusing on children who are at risk, CYCLE, and ISDs select elementary schools and work with administrators and teachers to offer earn-a-bike contracts to 2nd-grade students who want one. Those contracts call for children to improve their academic performance, attitudes, and behaviors. In addition, the contracts are aimed at achieving better literacy. Once children receive their bicycles, they use them for fun, exercise, and as basic transportation. X Auction items 46 79762 Sale proceeds X Supplies 23 36280 FMV X Raffle items 3 7097 FMV 0 0 0 Form 990, Part VI, Section B, line 11b The Finance and Audit Committee of the Board of Directors reviews the Form 990. A copy of the completed Form 990 is provided to all Board members before filing. Form 990, Part VI, Section B, line 12c The conflict of interest policy is monitored by scrutiny of CYCLE's transactions by the Executive Director, a treasury staff member, and a separate accounting staff member. In addition, the President is involved in selecting vendors and establishing terms for key transactions. Full Board approval is obtained for any significant transactions. In the event of a conflict, the Board follows the procedures for addressing conflicts provided in the conflict of interest policy. Interested directors involved in a conflict may not vote on the matter in conflict. Form 990, Part VI, Section B, line 15a Board Members determine the Executive Directors' compensation following the process described below: 1. Information is gathered from Board Members and other charities about comparable compensation for persons serving in a similar capacity in different charitable organizations and commercial businesses. 2. The President and key board members assess the performance of the individual. 3. The capabilities and needs of CYCLE are assessed. 4. The proposed salary is presented to the board for approval, and written records documenting the process are retained. Form 990, Part VI, Section C, line 19 Documents are available on the organization's website.