Quick charity verification for Bicycle Mission World Inc (EIN: 204168366)
Verdict: Bicycle Mission World Inc appears trustworthy
75/100Mission Score
$253KRevenue
$38KAssets
3Red Flags
3Strengths
Red Flags
Significant and recurring deficits in recent years (e.g., $397,757 in 2022, $50,424 in 2023).
Volatile revenue and expense patterns, making financial planning and sustainability challenging.
Substantial decline in assets from $515,227 in 2021 to $67,046 in 2023, indicating potential use of reserves.
Strengths
Consistent 0% officer compensation across all filings, indicating strong commitment to mission over executive pay.
Zero liabilities reported across all available filings, suggesting good debt management.
Periods of strong revenue generation (e.g., $708,396 in 2021).
Spending Breakdown
How Bicycle Mission World Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bicycle Mission World Inc
Is Bicycle Mission World Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bicycle Mission World Inc (EIN: 204168366) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Bicycle Mission World Inc a good charity to donate to?
Bicycle Mission World Inc has a Mission Score of 75/100. Revenue: $253K. Assets: $38K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bicycle Mission World Inc?
The Employer Identification Number (EIN) for Bicycle Mission World Inc is 204168366. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bicycle Mission World Inc spend its money?
Bicycle Mission World Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bicycle Mission World Inc's tax-exempt status?
You can verify Bicycle Mission World Inc's tax-exempt status using EIN 204168366 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Bicycle Mission World Inc. exhibits a mixed financial picture. While the organization has consistently reported zero liabilities across all available filings, indicating a healthy balance sheet in that regard, its financial performance has been volatile. For instance, in 2022, expenses ($891,995) significantly outstripped revenue ($494,238), leading to a substantial deficit. This trend of expenses exceeding revenue continued in 2023, with expenses of $478,077 against revenues of $427,653. However, there have also been periods of surplus, such as in 2021 where revenue ($708,396) far exceeded expenses ($352,657).
The organization's assets have fluctuated considerably, peaking at $515,227 in 2021 before declining to $67,046 in 2023. The consistent reporting of 0% officer compensation across all filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive indicator of spending efficiency and transparency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging.
Overall, Bicycle Mission World Inc. demonstrates a commitment to avoiding debt and not compensating officers, which are strong points for transparency. However, the inconsistent financial performance, particularly the significant deficits in recent years, warrants closer examination to understand the underlying causes and sustainability of its operations. The lack of detailed expense categorization in the provided data limits a deeper analysis of spending efficiency.