2020 Racing DBA Physio Racing a Colorado Nonprofit Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Physio Racing provides a welcoming environment for cyclists of all ages and levels. We strive to field a competitive team that enjoys success both locally and regionally in all disciplines of cycling. The team promotes development, ride safety, and social interaction via group rides, clinics, and racing opportunities. We are cycling advocates and believe a positive involvement in our community can make a difference.
- Income
- $1,668
- Spending
- $4,063
- Reserves
- 105.3 months of spending
- Largest source of income
- other income, 81%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- 2020 Racing, LLC dba Physio Racing team members spent over 300 hours of volunteering in 2024. They represented Physio Racing by spending time and offering expertise with Special Olympians, Youth Mountain bikers with Little Bella's Cycling group, Colorado Trail Alliance building and maintaining trails, and giving time to a multitude of organized cycling races in all disciplines to support and build the cycling community. One of the main races that our team members volunteer for every year is the Littleton Twilight Criterium held each year in downtown Littleton, CO. Without our team the race would not be the best criterium race in the US.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.