Quick charity verification for Reno Bike Project Inc (EIN: 141988800)
Verdict: Reno Bike Project Inc appears trustworthy
92/100Mission Score
$779KRevenue
$1.9MAssets
1Red Flags
5Strengths
Red Flags
Significant revenue fluctuation between 2021 ($694,792), 2022 ($1,507,228), and 2023 ($743,050) could indicate reliance on unpredictable funding sources.
Strengths
Consistent asset growth, from $222,899 in 2014 to $1,887,213 in 2023, demonstrating financial health.
Zero reported officer compensation across all 14 filings, indicating strong commitment to mission and low administrative overhead.
Very low liabilities, often at or near $0, suggesting excellent financial management and low risk.
Positive net income in most years, contributing to asset accumulation (e.g., 2023 revenue $743,050 vs expenses $638,936).
Long history of consistent filing (14 filings), indicating transparency and compliance.
Spending Breakdown
How Reno Bike Project 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 Reno Bike Project Inc
Is Reno Bike Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Reno Bike Project Inc (EIN: 141988800) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Reno Bike Project Inc a good charity to donate to?
Reno Bike Project Inc has a Mission Score of 92/100. Revenue: $779K. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Reno Bike Project Inc?
The Employer Identification Number (EIN) for Reno Bike Project Inc is 141988800. 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 Reno Bike Project Inc spend its money?
Reno Bike Project Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Reno Bike Project Inc's tax-exempt status?
You can verify Reno Bike Project Inc's tax-exempt status using EIN 141988800 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
Reno Bike Project Inc demonstrates a generally healthy financial position with consistent growth in assets over the past decade, reaching $1,887,213 in 2023. The organization has shown strong program spending, with a significant portion of its expenses directed towards its mission. For instance, in 2023, with total expenses of $638,936, the organization maintained a lean operational structure. The revenue has fluctuated, with a notable peak of $1,507,228 in 2022, followed by a decrease to $743,050 in 2023, indicating potential reliance on specific grants or fundraising cycles.
The organization's transparency is commendable, particularly with zero reported officer compensation across all available filings, which suggests a volunteer-led or very modestly compensated leadership structure, aligning well with nonprofit principles. The consistent low liabilities, often at or near zero, further indicates sound financial management and a low-risk profile. While the revenue fluctuations warrant attention for long-term sustainability planning, the overall trend of asset growth and efficient spending points to a well-managed and mission-focused entity.