Quick charity verification for Georgia Bikes Inc (EIN: 200295376)
Verdict: Georgia Bikes Inc appears trustworthy
90/100Mission Score
$403KRevenue
$232KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong financial growth, with revenue increasing from $127,105 in 2014 to $471,650 in 2023.
Consistent asset growth, from $27,120 in 2014 to $263,506 in 2023, indicating financial stability.
Zero officer compensation reported across all 13 filings, demonstrating high transparency and mission focus.
Positive net income in most recent periods, such as a $120,180 surplus in 2023 ($471,650 revenue - $351,470 expenses).
Low liabilities, with only $11,234 reported in 2023, indicating good financial management and minimal debt.
Spending Breakdown
How Georgia Bikes Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Georgia Bikes Inc
Is Georgia Bikes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Georgia Bikes Inc (EIN: 200295376) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Georgia Bikes Inc a good charity to donate to?
Georgia Bikes Inc has a Mission Score of 90/100. Revenue: $403K. Assets: $232K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Georgia Bikes Inc?
The Employer Identification Number (EIN) for Georgia Bikes Inc is 200295376. 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 Georgia Bikes Inc spend its money?
Georgia Bikes Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Georgia Bikes Inc's tax-exempt status?
You can verify Georgia Bikes Inc's tax-exempt status using EIN 200295376 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
Georgia Bikes Inc. demonstrates a generally healthy financial trajectory, with significant growth in revenue and assets over the past few years. In the latest filing period (202312), the organization reported revenue of $471,650 against expenses of $351,470, resulting in a substantial surplus that contributed to an increase in assets to $263,506. This indicates effective financial management and an ability to build reserves. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries.
The organization's spending efficiency appears robust, particularly in the most recent period where expenses were well below revenue. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial health suggests a capacity to fund its programs effectively. The consistent growth in assets, from $27,120 in 2014 to $263,506 in 2023, reflects prudent financial stewardship and a growing capacity to achieve its mission. The low liabilities, such as $11,234 in 2023, further underscore a stable financial position.
Transparency is high given the consistent 0% officer compensation reported across all available filings. This practice minimizes potential conflicts of interest and assures donors that their contributions are not being used for executive salaries. The consistent filing of IRS Form 990s over 13 periods also demonstrates a commitment to public accountability and transparency regarding its financial operations.