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      <Desc>CYCLE is a children's charity committed to improving literacy among children in grades K-3 in Title One schools of the Greater Houston area. We do this by rewarding students with brand-new bicycles and helmets after they achieve defined academic goals, teaching the important lesson that hard work and dedication really do 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. Research has shown that achieving grade-level literacy by fourth grade is a key determinant of future academic success.160,951 Bicycles to date: During 2017, CYCLE gave more than 7,515 new bicycles and helmets to at-risk children, bringing its cumulative total of bicycles and helmets to 160,951 bicycles since the program's inception in 2000. With the help of over 2,500 volunteers in 2017 and with that number growing each year, CYCLE is able to achieve its mission.</Desc>
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        <PersonNm>Rebecca L B Roberts</PersonNm>
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        <Event2Nm>Sporting Clays</Event2Nm>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Grantmaker's Description of How Grants are Used</FormAndLineReferenceDesc>
        <ExplanationTxt>CYCLE partners with school officials in the Houston Independent School District (HISD) and with other ISDs in the eight-county 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 all students who want one. Those contracts call for children to improve their performance in academics, attitudes and behaviors. The contracts are aimed at achieving better literacy. Once children receive their bicycles, they use them for fun, exercise and as basic transportation.</ExplanationTxt>
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        <MethodOfDeterminingRevenuesTxt>Sale proceeds</MethodOfDeterminingRevenuesTxt>
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        <Desc>Supplies</Desc>
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        <MethodOfDeterminingRevenuesTxt>Cost</MethodOfDeterminingRevenuesTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 11b: Form 990 Review Process</FormAndLineReferenceDesc>
        <ExplanationTxt>The Audit Committee of the Board of Directors reviews the Form 990. A copy of the completed Form 990 is provided to all Board members prior to filing.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</FormAndLineReferenceDesc>
        <ExplanationTxt>The conflict of interest policy is monitored by careful scrutiny of CYCLE's transactions by the Executive Director, a treasury staff member and a separate accounting staff member. In addition, for key transactions, the President is involved in the selection of vendors and the establishment of terms, and for the most significant transactions, either the Executive Committee (of the Board) or full Board approval is provided. Finally, the Charity obtains independent audits from a third-party auditor who has access to the full Board of Directors.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 15a: Compensation Review &amp; Approval Process - CEO, Top Management</FormAndLineReferenceDesc>
        <ExplanationTxt>CYCLE does not compensate any officers. It does compensate its Executive Director following the process described below:1. Information is gathered from Board Members (primarily) and other charities about comparable compensation for persons serving in a similar capacity in other charitable organizations and in commercial businesses.2. The performance of the individual is assessed by the President and key board members.3. The capabilities and needs of CYCLE are assessed4. The proposed salary is presented to the board for approval, the salary is set, and written records documenting the process are retained.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</FormAndLineReferenceDesc>
        <ExplanationTxt>Documents are available on the organization's website.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Sch. B - Sch. of Contributors</FormAndLineReferenceDesc>
        <ExplanationTxt>The contributions reported in Schedule B are considerably lower than those received due to IRS restrictions on how amounts are reported there. The major differences are: (1) in-kind donations of services and facilities are not reported, (2) contributions from related entities and family members are reported separately and (3) contributions are reduced by any benefits provided by CYCLE in exchange for such contributions. In addition, donated auction items are not reported as donations in Schedule B and amounts paid to purchase auction items are reduced by the value of such items. This listing below shows donors who would have been listed on Schedule B if their donations had not been excluded from reporting under item 1 above.Davis Brothers Contruction ($15,600), Reliant Park/SMG ($200,050)</ExplanationTxt>
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    </IRS990ScheduleO>
  </ReturnData>
</Return>