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Arizona · Nonprofit

FLAG VELO INC

FLAG VELO INC (Arizona) receives grants from 2 organizations whose IRS filings report $124,304 to it, the largest being CATENA FOUNDATION ($124,252). 1 of them have funded it in more than one year.

Revenue FY2025
$71k
Funders on record
2
Grants received
$124k
Net assets
$151k
1/2 repeat funderspeak grant-dependency 70%
01What it does

What Flag Velo Inc does

Mission

Bicycle Safety Education Bicycle Advocacy

As stated on its FY2025 Form 990-EZ.

Programs

  1. Mountain Bike Advocacy and Trail Building. Our organization organizes trail programs throughout the year in collaboration with the Coconino National Forest Service to build and maintain trails. In 2025 we began planning The Reserves Trails Project which will serve to legitimize and rebuild the Private Reserve downhill track known for steep technical terrain and a ~1,200-foot vertical drop on Mt. Elden. The project featuring new purpose-built downhill trails constructed by Momentum Trail Concepts aims to create a world-class expert-level pro-line mountain biking experience

    $29,850 spent
    72% of program spending
  2. Bike Month and Urban Advocacy. For the entire month of May our non profit puts on events in the community to encourage cyclists to ride to work and school. Also we promote urban cycling for commuting or recreation year round.

    $2,313 spent
    6% of program spending
  3. General Bicycle Advocacy - We promote cycling as a safe mode of travel by running print and online advertising campaigns.

    $9,432 spent
    23% of program spending

The 3 programs described on its FY2025 Form 990-EZ. Program spending in total: $41,595.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($47k) Expenses 100 ($49k) Net assets 100 ($52k)2018 Revenue 273 ($129k) Expenses 111 ($55k) Net assets 241 ($126k)2019 Revenue 105 ($50k) Expenses 78 ($39k) Net assets 262 ($137k)2020 Revenue 52 ($25k) Expenses 198 ($98k) Net assets 122 ($64k)2021 Revenue 86 ($41k) Expenses 27 ($13k) Net assets 175 ($92k)2022 Revenue 87 ($41k) Expenses 19 ($9k) Net assets 235 ($123k)2023 Revenue 374 ($177k) Expenses 266 ($132k) Net assets 322 ($169k)2024 Revenue 152 ($72k) Expenses 242 ($120k) Net assets 230 ($121k)2025 Revenue 151 ($71k) Expenses 84 ($42k) Net assets 287 ($151k)
'17'18'19'20'21'22'23'24'25
Revenue (151)Expenses (84)Net assets (287)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $52k to $126k (+141%).

$52k
$126k
$137k
$64k
$92k
$123k
$169k
$121k
$151k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of FLAG VELO INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (77% for the typical peer).

This organization
Typical peer · 10,230 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$2k
’17
$74k
’18
$11k
’19
−$73k
’20
$27k
’21
$32k
’22
$45k
’23
−$48k
’24
$30k
’25
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $10 → $124k.

Funder
'20
'21
'22
'23
total
funders
1
1
1
2

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FLAG VELO INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FLAG VELO INC leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

FLAG VELO INC draws 100% of its grant income from funders outside Arizona, across 1 state in all.

CO

Funder states come from each funder’s own filing. $52 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FLAG VELO INC runs a healthier operating margin than three-quarters of the 6,328 community improvement nonprofits its size.

Operating margin42% · top quartile
Revenue growth (annualized)5% · above the median

this organization peer median middle 50% of peers· 6,328 community improvement nonprofits under $100k, FY2025

Organizations like FLAG VELO INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Arizona

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

AZ

Screen this organization

A dated, signed PDF of the compliance screen for FLAG VELO INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FLAG VELO INC?
FLAG VELO INC (Arizona) receives grants from 2 organizations whose IRS filings report $124,304 to it, the largest being CATENA FOUNDATION ($124,252). 1 of them have funded it in more than one year.
How many funders does FLAG VELO INC have?
IRS filings report 2 organizations giving $124,304 in grants to FLAG VELO INC, 1 of which have funded it in more than one year.
Who is the largest funder of FLAG VELO INC?
CATENA FOUNDATION is the largest funder on record, with $124,252 in grants. The full list of funders is on this page.
How can an organization like FLAG VELO INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Arizona. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Flag Velo →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing