Quick charity verification for Bikedenver (EIN: 201082565)
Verdict: Bikedenver shows mixed signals
60/100Mission Score
$178KRevenue
$29KAssets
2Red Flags
3Strengths
Red Flags
Consistent operating deficits: Expenses exceeded revenue in 4 of the last 5 reported periods (2015-2018).
Significant decline in assets: Assets decreased from $174,986 in 2014 to $28,946 in 2018, indicating a depletion of reserves.
Strengths
Consistent IRS 990 filing history: 9 filings demonstrate a commitment to transparency.
No reported officer compensation: Indicates efficient use of funds at the executive level.
No reported liabilities in recent years: $0 liabilities in 2017 and 2018 suggests a lack of significant debt burden.
Spending Breakdown
How Bikedenver allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Bikedenver
Is Bikedenver a legitimate charity?
Based on AI analysis of IRS 990 filings, Bikedenver (EIN: 201082565) shows mixed signals. Mission Score: 60/100. 2 red flags identified, 3 strengths noted.
Is Bikedenver a good charity to donate to?
Bikedenver has a Mission Score of 60/100. Revenue: $178K. Assets: $29K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bikedenver?
The Employer Identification Number (EIN) for Bikedenver is 201082565. 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 Bikedenver spend its money?
Bikedenver allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bikedenver's tax-exempt status?
You can verify Bikedenver's tax-exempt status using EIN 201082565 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
Bikedenver demonstrates a consistent operational history with 9 filings, indicating a commitment to transparency through regular reporting. However, the organization has experienced a decline in assets from a high of $174,986 in 2014 to $28,946 in 2018, alongside a trend of expenses exceeding revenue in recent years (e.g., $189,761 expenses vs. $177,975 revenue in 2018). This suggests a need for closer examination of financial sustainability and resource management. The absence of reported officer compensation across all filings is a positive indicator of efficient use of funds at the executive level, though it could also imply a reliance on volunteer leadership or that compensation falls below reporting thresholds.
The organization's financial health shows signs of strain, with a shrinking asset base and recurring deficits. While the latest revenue of $178,370 is comparable to previous years, the consistent spending beyond income in the last four reported periods (2015-2018) is a concern. For instance, in 2015, expenses were $328,940 against $236,422 in revenue. This pattern, if continued, is unsustainable and could impact future program delivery. The lack of liabilities in recent years (2017-2018) is a strength, indicating no significant debt burden.
Spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the zero officer compensation suggests a lean approach to leadership costs. The overall financial trajectory, particularly the decline in assets and consistent operating deficits, warrants attention for potential improvements in financial planning and fundraising strategies to ensure long-term viability and program impact.