2023-10-06T15:35:04-04:00 2022-12-31 412024514 SOMMERVILLE & ASSOCIATES PC 2726 MATLOCK RD ARLINGTON TX 76015 990 2022-01-01 851436997 GROW CYCLING FOUNDATION CORPORATION GROW 6302401383 550 N CENTRAL EXPRESSWAY 176 MCKINNEY TX 75070 JOI JACKSON PRESIDENT 9187219477 2023-10-06 true JOI JACKSON 999009999 false SHANNON WOOD CPA P00390658 8177955046 2023-10-06 2022 2023-04-26 12:10:37Z ELIOT JACKSON 550 N CENTRAL EXPRESSWAY 176 MCKINNEY TX 75070 252002 false X HTTPS://GROWCYCLINGFOUNDATION.ORG X 2020 DE GROW CYCLING FOUNDATION PROMOTES EDUCATION, ACCESS AND ECONOMIC EMPOWERMENT OPPORTUNITIES THAT INCREASE INCLUSION AND BELONGING IN CYCLING AND THE OUTDOORS. 4 4 0 5 0 379198 251334 0 0 107102 -238 486300 251096 165071 428185 0 0 0 0 7355 25267 172426 453452 313874 -202356 474935 272579 0 474935 272579 X GROW CYCLING FOUNDATION PROMOTES EDUCATION, ACCESS AND ECONOMIC EMPOWERMENT OPPORTUNITIES THAT INCREASE INCLUSION AND BELONGING IN CYCLING AND THE OUTDOORS. false false 437500 428185 668 GROW CYCLING FOUNDATION RAISED 100% OF THE FUNDS TO FINANCE AND DEVELOP, FROM IDEATION TO REGULATORY APPROVALS TO FULL CONSTRUCTION, THE VERY FIRST PUBLIC PUMPTRACK IN LOS ANGELES IN A BEAUTIFUL, 55-ACRE PARK IN INGLEWOOD, ONE OF THE MOST DIVERSE AND FASTEST GROWING COMMUNITIES OF ITS SIZE IN AMERICA. THE INGLEWOOD PUMPTRACK IS AN ENVIRONMENTALLY SUSTAINABLE, COMMUNITY CYCLING HUB, FORECASTED TO SERVE 250,000 PEOPLE/YEAR, MOSTLY KIDS. AS A SIGNIFICANT PART OF INGLEWOOD'S FAMOUS "SPORTS CAPITAL OF AMERICA", THE PUMPTRACK IS GROUND ZERO FOR YOUTH DISCOVERY AND EXPLORATION IN INGLEWOOD AND LOS ANGELES TO MODERN DISCIPLINES OF CYCLING AND OUTDOOR SPORTS, PROVIDING PATHWAYS OF EDUCATION AND ACCESS TO FULFILLING CAREER DEVELOPMENT, ENTRY POINTS TO WORLD CHAMPIONSHIP RACING AND OLYMPIC EVENTS, AS WELL AS THE LIFELONG HEALTH, MENTAL WELLNESS AND SOCIAL BENEFITS OF RECREATIONAL CYCLING. OPENING IN SEPTEMBER 2023, THIS ACHIEVEMENT REPRESENTS A MILESTONE FOR OUR FOUNDATION AND DEMONSTRATES WHAT THE CYCLING COMMUNITY CAN ACHIEVE WHEN WE COME TOGETHER. GROW'S JOB'S BOARD POSTED NEARLY 1000 CYCLING INDUSTRY JOBS RANGING FROM ENTRY-LEVEL MECHANICS TO C-SUITE LEVEL POSITIONS AND ATTRACTED OVER 11,000 APPLICANTS. OUR OUTREACH TO PROMOTE MORE OPPORTUNITIES FOR GIRLS AND WOMEN IN CYCLING AND THE OUTDOORS INCLUDED HYBRID AND REMOTE WORK FOR NEW AND WORKING MOMS AND MORE DISCOVERY FOR WOMEN WHO HAVE NEVER WORKED PROFESSIONALLY IN CYCLING. GROW'S SCHOOLS-TO-PUMPTRACK CYCLING EDUCATION PROGRAMS, WHICH ALLOWS STUDENTS TO LEARN AND PRACTICE SAFE CYCLING SKILLS OUTSIDE THE CLASSROOM AFTER SCHOOL, CONTINUES TO THRIVE IN K-1 AND MIDDLE SCHOOLS THROUGHOUT THE INGLEWOOD UNIFIED SCHOOL DISTRICT. 437500 true true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false false false X 4 4 true false false false false false false true true false false true true true true true true false false false CA X JOI JACKSON 8059076989 550 N CENTRAL EXPWY 176 MCKINNEY TX 75070 X KATIE HOLDEN VICE-CHAIRMA 1.00 X X 0 0 0 ELIOT JACKSON FOUNDER & CH 1.00 X X 0 0 0 JOI JACKSON PRESIDENT 1.00 X X 0 0 0 GREG MINNAAR DIRECTOR 1.00 X 0 0 0 false false false 251334 251334 668 906 -238 -238 251096 -238 428185 428185 2075 2075 8541 8541 5497 5497 5370 5370 2030 2030 774 774 980 980 453452 437500 15952 0 474935 272579 474935 272579 0 0 X 474935 272579 474935 272579 474935 272579 -202356 X false false false X 165123 379198 251334 795655 165123 379198 251334 795655 219093 576562 300 300 795955 127893 X PART II, LINE 10 REFUNDS 300 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false CITY OF INGLEWOOD ONE MANCHESTER BOULEVARD INGLEWOOD CA 90301 956000726 GOV 378000 BUILD PUMPTRACK STRIDER EDUCATION FOUNDATION 2221 N PLAZA DR RAPID CITY SD 57702 814580473 501C3 45000 EDUCATION INITIATIVE HIGHLAND ELEMENTARY SCHOOL 4300 VENICE WAY INGLEWOOD CA 90302 956092522 GOV 5185 EDUCATION INITIATIVE 3 SCHEDULE I, PAGE 1, PART I, LINE 2 GROW CYCLING FOUNDATION GIVES ORGANIZATIONS WHO ARE WORKING TO GROW THE CYCLING COMMUNITY, GRANTS AND ASSISTANCES IN THOSE EFFORTS AS UNRESTRICTED CASH FOR THE ORGANIZATION TO DO AS THEY SEE FIT. FORM 990, PAGE 2, PART III, LINE 4A GROW CYCLING FOUNDATION RAISED 100% OF THE FUNDS TO FINANCE AND DEVELOP, FROM IDEATION TO REGULATORY APPROVALS TO FULL CONSTRUCTION, THE VERY FIRST PUBLIC PUMPTRACK IN LOS ANGELES IN A BEAUTIFUL, 55-ACRE PARK IN INGLEWOOD, ONE OF THE MOST DIVERSE AND FASTEST GROWING COMMUNITIES OF ITS SIZE IN AMERICA. THE INGLEWOOD PUMPTRACK IS AN ENVIRONMENTALLY SUSTAINABLE, COMMUNITY CYCLING HUB, FORECASTED TO SERVE 250,000 PEOPLE/YEAR, MOSTLY KIDS. AS A SIGNIFICANT PART OF INGLEWOOD'S FAMOUS "SPORTS CAPITAL OF AMERICA", THE PUMPTRACK IS GROUND ZERO FOR YOUTH DISCOVERY AND EXPLORATION IN INGLEWOOD AND LOS ANGELES TO MODERN DISCIPLINES OF CYCLING AND OUTDOOR SPORTS, PROVIDING PATHWAYS OF EDUCATION AND ACCESS TO FULFILLING CAREER DEVELOPMENT, ENTRY POINTS TO WORLD CHAMPIONSHIP RACING AND OLYMPIC EVENTS, AS WELL AS THE LIFELONG HEALTH, MENTAL WELLNESS AND SOCIAL BENEFITS OF RECREATIONAL CYCLING. OPENING IN SEPTEMBER 2023, THIS ACHIEVEMENT REPRESENTS A MILESTONE FOR OUR FOUNDATION AND DEMONSTRATES WHAT THE CYCLING COMMUNITY CAN ACHIEVE WHEN WE COME TOGETHER. GROW'S JOB'S BOARD POSTED NEARLY 1000 CYCLING INDUSTRY JOBS RANGING FROM ENTRY-LEVEL MECHANICS TO C-SUITE LEVEL POSITIONS AND ATTRACTED OVER 11,000 APPLICANTS. OUR OUTREACH TO PROMOTE MORE OPPORTUNITIES FOR GIRLS AND WOMEN IN CYCLING AND THE OUTDOORS INCLUDED HYBRID AND REMOTE WORK FOR NEW AND WORKING MOMS AND MORE DISCOVERY FOR WOMEN WHO HAVE NEVER WORKED PROFESSIONALLY IN CYCLING. GROW'S SCHOOLS-TO-PUMPTRACK CYCLING EDUCATION PROGRAMS, WHICH ALLOWS STUDENTS TO LEARN AND PRACTICE SAFE CYCLING SKILLS OUTSIDE THE CLASSROOM AFTER SCHOOL, CONTINUES TO THRIVE IN K-1 AND MIDDLE SCHOOLS THROUGHOUT THE INGLEWOOD UNIFIED SCHOOL DISTRICT. FORM 990, PAGE 6, PART VI, LINE 2 ELIOT JACKSON JOI JACKSON CHAIRMAN PRES/DIR FAMILY RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PREPARED BY A THIRD PARTY CPA FIRM. UPON COMPLETION, THE FORM IS PROVIDED TO THE PRESIDENT FOR REVIEW AND APPROVAL. UPON RECEIVING APPROVAL, THE RETURN IS PROCESSED FOR SIGNATURE AND EFILING. THE RETURN IS PROVIDED TO EACH OF THE BOARD MEMBERS BEFORE IT IS SIGNED AND EFILED WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C DIRECTORS RECEIVE A CONFLICT OF INTEREST POLICY AND PROCEDURES AND ARE REQUIRED TO SIGN AND DATE THE POLICY DISCLOSURE FORM AT THE BEGINNING OF THEIR TERM OF SERVICE. DIRECTORS ARE ALSO REQUIRED TO SIGN AND UPDATE THE POLICY DISCLOSURE FORM AT THE BEGINNING OF EACH CALENDAR YEAR. FAILURE TO UPDATE OR SIGN THE POLICY DISCLOSURE FORM, HOWEVER, DOES NOT NULLIFY A DIRECTOR'S OBLIGATIONS UNDER THE POLICY. THE FOLLOWING PROCEDURES ARE FOLLOWED WHEN A CONFLICT OF INTEREST ARISES WITH RESPECT TO ANY DIRECTOR: 1.THE DIRECTOR MUST PROMPTLY MAKE FULL DISCLOSURE OF THE CONFLICT OF INTEREST TO THE QUALIFIED DIRECTORS OF THE BOARD. THE DIRECTOR MUST DISCLOSE (A) THE EXISTENCE AND NATURE OF THE DIRECTOR'S CONFLICT OF INTEREST AND (B) ALL FACTS KNOWN TO HIM, HER, OR THEIR REGARDING THE SUBJECT MATTER OF THE TRANSACTION OR SITUATION THAT AN ORDINARILY PRUDENT PERSON WOULD REASONABLY BELIEVE TO BE MATERIAL TO A JUDGMENT ABOUT WHETHER OR NOT TO PROCEED WITH THE TRANSACTION OR HOW TO DEAL WITH THE SITUATION. 2.FOR PURPOSES OF THIS POLICY, A "QUALIFIED DIRECTOR" MEANS ANY DIRECTOR WHO DOES NOT HAVE EITHER (A) A CONFLICT OF INTEREST WITH RESPECT TO THE TRANSACTION OR SITUATION, OR (B) A FAMILIAL, FINANCIAL, PROFESSIONAL, OR EMPLOYMENT RELATIONSHIP WITH A SECOND DIRECTOR WHO DOES HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE TRANSACTION OR SITUATION, WHICH RELATIONSHIP WOULD, IN THE CIRCUMSTANCES, REASONABLY BE EXPECTED TO EXERT AN INFLUENCE ON THE FIRST DIRECTOR'S JUDGMENT WHEN VOTING ON THE TRANSACTION OR SITUATION. 3.THE QUALIFIED DIRECTORS WILL DISCUSS THE CONFLICT OF INTEREST AND, DEPENDING ON THE NATURE OF THE CONFLICT OF INTEREST, VOTE ON EITHER (A) WHETHER OR NOT TO CONTINUE THE TRANSACTION AT ISSUE OR (B) MEASURES TO ADDRESS THE SITUATION AT ISSUE. DIRECTORS SUBJECT TO A CONFLICT OF INTEREST SHALL NOT BE PERMITTED TO BE PRESENT OR TO PARTICIPATE IN THE DELIBERATIONS OR VOTE OF THE QUALIFIED DIRECTORS WITH RESPECT TO SUCH CONFLICT OF INTEREST. RECUSAL OF THE DIRECTOR SHALL REQUIRE SUCH DIRECTOR TO PHYSICALLY REMOVE HIMSELF, HERSELF OR THEMSELVES FROM A MEETING, CONFERENCE CALL, E- MAIL, LISTSERV, OR ANY OTHER ELECTRIC COMMUNICATIONS. 4.THE CONFLICT OF INTEREST TRANSACTION OR SITUATION SHALL BE APPROVED ONLY UPON THE AFFIRMATIVE VOTE OF A MAJORITY, BUT NO FEWER THAN TWO, OF THOSE QUALIFIED DIRECTORS ON THE BOARD OR ON A DULY EMPOWERED COMMITTEE OF THE BOARD (WHO VOTED ON THE TRANSACTION AFTER REQUIRED DISCLOSURE TO THEM); PROVIDED, THAT ACTION BY A COMMITTEE IS EFFECTIVE ONLY IF (A) ALL COMMITTEE MEMBERS ARE QUALIFIED DIRECTORS, AND (B) COMMITTEE MEMBERS ARE EITHER ALL THE QUALIFIED DIRECTORS ON THE BOARD OR ARE APPOINTED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE QUALIFIED DIRECTORS ON THE BOARD. A MAJORITY, BUT NO FEWER THAN TWO, OF ALL THE QUALIFIED DIRECTORS ON THE BOARD, OR ON THE COMMITTEE, CONSTITUTES A QUORUM FOR PURPOSES OF THE VOTE DESCRIBED ABOVE. 5.WHEN A CONFLICT EXISTS, RESOLUTION OF THE MATTER MAY INCLUDE (A) APPROVING OR DISAPPROVING ANY TRANSACTION OR SITUATION AT ISSUE; (B) REQUIRING THE DIRECTOR TO REMOVE HIMSELF, HERSELF OR THEMSELVES FROM POSITIONS IN WHICH THE CONFLICT OF INTEREST EXISTS UNTIL THERE IS NO LONGER A CONFLICT; OR (C) REQUIRING THE DIRECTOR TO DISCONTINUE, REDUCE, OR MODIFY HIS, HER, OR THEIR PARTICIPATION IN THE BOARD, COMMITTEES, OR TASK FORCES WHERE THE CONFLICT EXISTS. 6.IN ADDITION TO THE PROCEDURES DESCRIBED ABOVE, DIRECTORS HAVE AN OBLIGATION TO ADDRESS ANY PERCEIVED CONFLICT OF INTEREST OF OTHER DIRECTORS IF THEY ARE AWARE OF SUCH CONFLICTS WITH RESPECT TO MATTERS PERTAINING TO GROW CYCLING FOUNDATION. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION DID NOT COMPENSATE A TOP OFFICIAL DURING THE YEAR. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION DID NOT COMPENSATE AN OFFICER OR KEY EMPLOYEE DURING THE YEAR. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION PROVIDES GOVERNING DOCUMENTS AS REQUIRED FOR ORGANIZATIONS RECOGNIZED AS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)3 FOR PUBLIC INSPECTION UPON WRITTEN REQUEST.