Marymoor Velodrome Association
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Create an environment that inspires and strengthens the community's passion for cycling, health and well-being. Sustainably operate a nationally recognized velodrome and recreation facility for the benefit of generations to come.
- Income
- $394,750
- Spending
- $326,629
- Spent on programs
- 91%
- Reserves
- 8.4 months of spending
- Largest source of income
- donations and private grants, 52%
- Employees
- 0
- Volunteers
- 120
- Highest pay
- $846, president of the board
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 77% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 8.4 months of spending.
Debt
20 of 20It owes 8% of what it owns.
Living within its means
15 of 15Income exceeded spending by 17% of income.
Income trend
15 of 15Income rose 24% on the year before.
Spending floor
15 of 1591% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 61 out of 100. Higher than 57% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 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 (3)
- $185,804 spent. Organization of educational programs and amateur bicycle events. Our primary service offering is the organization of educational programs and amateur bicycle events to expose people of all ages to the sport of bicycle racing. In 2024 we had 256 members, taught classes to 180 adults, 64 youths, and welcomed 139 new bike racers to our community. Our organization was powered by 1,216 volunteer hours in 2024. We continued building our livestreaming of events, so that community-members, their family, and friends who are unable to attend in person can cheer them on from around the world. We reached 3,600 subscribers, with over 27,000 views in 2024.
- $63,063 spent. Jerry Baker Juniors Team. The Jerry Baker Juniors Team is a competitive youth cycling team, made of members ages 8 through 18. Its purpose is to provide young athletes with a community where they learn to love track cycling. We provide coaching and mentorship that develops riders with a lifelong enjoyment of cycling and fitness. Our athletes develop fundamental cycling and training skills while reinforcing values that will help them be succesful both on and off the bike. In 2024 we had 50 team members, supported by four coaches and a whole community of volunteers.
- $47,288 spent. Junior Nationals In 2024 we hosted the Junior Track Cycling National Championships. We brought 137 youth athletes from across the country, with over 450 individuals staying in Redmond, WA, and hosted over 4500 spectators.
Source: Form 990 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 2024.
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 1999.
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.