Avanti Racing Team

Overview

The Avanti Racing Team is a U.S. nonprofit organization with an Employer Identification Number (EIN) of 274565536. It operates as a 501(c)(3) entity, making donations to the organization tax-deductible.

Purpose

The team is categorized under Recreation, Sports, Leisure, Athletics, and falls under the broader category of Amateur Sports Clubs, Leagues, N.E.C. (NTEE). It focuses on promoting cycling as a sport and lifestyle, emphasizing community involvement and inclusivity.

Activities

Avanti Racing Team is a co-ed, multidisciplinary cycling team that welcomes cyclists of all ages and skill levels. Members participate in various cycling disciplines, with a particular focus on off-road racing. The team actively supports its members in their cycling development and encourages participation in races and other cycling events.

Structure

The organization has key leadership positions, but it does not provide compensation to its officers. Its activities are supported by a variety of sponsors who offer financial, merchandise, and discount incentives to team members.

Financials

As of the latest available financial data, the Avanti Racing Team reported a revenue of $19.4K and expenses of $13.8K for the fiscal year ending in 2024. The team maintained total assets of $89.6K with no liabilities recorded.

Community Role

Avanti Racing Team plays an active role in the local cycling community, inspiring individuals to engage in cycling as a means of outdoor exploration and fitness. The team fosters a supportive environment where cyclists can develop their skills, whether aiming for competitive success or recreational enjoyment. Membership requirements include an annual fee, purchasing team kits, and participation in designated events.