Bicycle Coalition Of Maine

Bicycle Coalition Of Maine faces declining revenue and increasing expenses, leading to consistent operating deficits and shrinking assets.

EIN: 10483786 · Portland, ME · NTEE: N60Z · Updated: 2026-03-28

$539KRevenue

$173KAssets

75/100Mission Score (Good)

N60Z

About Bicycle Coalition Of Maine

Bicycle Coalition Of Maine (EIN: 10483786) is a nonprofit organization based in Portland, ME, classified under NTEE code N60Z. The organization reported total revenue of $539K and total assets of $173K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bicycle Coalition Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Bicycle Coalition Of Maine has experienced a notable decline in revenue and an increase in expenses in recent years, leading to operating deficits. For example, in 2023, revenue was $738,262 while expenses were $895,583, and in 2022, revenue was $814,385 against expenses of $1,105,602. This trend suggests potential financial strain and a need to re-evaluate spending or fundraising strategies to ensure long-term sustainability. The organization's assets have also decreased significantly from a high of $862,404 in 2017 to $201,505 in 2023, indicating a reduction in financial reserves.

Despite these financial challenges, the organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice is commendable and suggests a volunteer-driven or very lean executive structure. However, the consistent operating deficits and declining asset base warrant close monitoring to ensure the organization can continue its programs effectively.

While the lack of officer compensation is a positive transparency signal, the overall financial health shows a concerning trend of declining revenue and increasing expenses, leading to a shrinking asset base. This could impact the organization's ability to sustain its programs and achieve its mission in the long run without significant adjustments to its financial model.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bicycle Coalition Of Maine with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Bicycle Coalition Of Maine allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation, which is highly commendable for an organization of its size with annual revenues ranging from $738,262 to over $1.4 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Bicycle Coalition Of Maine's IRS 990 filings:

Consistent operating deficits (e.g., $895,583 expenses vs. $738,262 revenue in 2023)
Significant decline in revenue over recent years (from $1.44M in 2017 to $738K in 2023)
Substantial decrease in assets (from $862K in 2017 to $201K in 2023)
Expenses consistently exceeding revenue in recent periods

Strengths

The following positive indicators were identified for Bicycle Coalition Of Maine:

0% officer compensation reported across all filings, indicating strong commitment to mission over executive pay
Long filing history (13 filings) suggests consistent compliance and transparency in reporting

Frequently Asked Questions about Bicycle Coalition Of Maine

Is Bicycle Coalition Of Maine a good charity?

The Bicycle Coalition Of Maine demonstrates a strong commitment to its mission by reporting 0% officer compensation, indicating that funds are not diverted to executive salaries. However, its financial sustainability is a concern due to consistent operating deficits and a significant decline in assets from $862,404 in 2017 to $201,505 in 2023. While program focus appears strong, the financial trends suggest potential challenges in maintaining long-term impact.

What is the trend in the organization's revenue?

The organization's revenue has been on a downward trend since 2017, decreasing from a high of $1,440,509 to $738,262 in 2023. This represents a significant reduction in financial intake over the past several years.

How has the organization's asset base changed?

The asset base of the Bicycle Coalition Of Maine has significantly declined, from a peak of $862,404 in 2017 to $201,505 in 2023, indicating a reduction in financial reserves and overall organizational wealth.

Are there concerns about the organization's spending efficiency?

Yes, there are concerns about spending efficiency as the organization has consistently reported expenses exceeding revenue in recent years. For instance, in 2023, expenses were $895,583 against revenues of $738,262, and in 2022, expenses were $1,105,602 against revenues of $814,385. This indicates an operational deficit that is not sustainable in the long term.

Filing History

IRS 990 filing history for Bicycle Coalition Of Maine showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Bicycle Coalition Of Maine's revenue has grown by 64.1%, moving from $450K to $738K. Total assets decreased by 13.4% over the same period, from $233K to $202K. Total functional expenses rose by 122.9%, from $402K to $896K. In its most recent filing year (2023), Bicycle Coalition Of Maine reported a deficit of $157K, with expenses exceeding revenue. The organization holds $31K in liabilities against $202K in assets (debt-to-asset ratio: 15.4%), resulting in net assets of $170K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$738K	$896K	$202K	$31K	—	View 990
2022	$814K	$1.1M	$256K	$42K	—	View 990
2021	$902K	$893K	$543K	$24K	—	View 990
2020	$1.0M	$828K	$785K	$278K	—	—
2019	$1.3M	$1.3M	$574K	$294K	—	View 990
2018	$1.2M	$1.4M	$818K	$504K	—	View 990
2017	$1.4M	$1.4M	$862K	$336K	—	View 990
2016	$1.3M	$1.3M	$744K	$301K	—	View 990
2015	$1.3M	$1.3M	$614K	$193K	—	View 990
2014	$1.2M	$1.2M	$445K	$161K	—	View 990
2013	$886K	$847K	$508K	$182K	—	View 990
2012	$509K	$452K	$392K	$105K	—	View 990
2011	$450K	$402K	$233K	$3K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $738K, expenses of $896K, and assets of $202K (revenue -9.3% year-over-year).
2022: Revenue of $814K, expenses of $1.1M, and assets of $256K (revenue -9.7% year-over-year).
2021: Revenue of $902K, expenses of $893K, and assets of $543K (revenue -14.1% year-over-year).
2020: Revenue of $1.0M, expenses of $828K, and assets of $785K (revenue -17.8% year-over-year).
2019: Revenue of $1.3M, expenses of $1.3M, and assets of $574K (revenue +4.0% year-over-year).
2018: Revenue of $1.2M, expenses of $1.4M, and assets of $818K (revenue -14.8% year-over-year).
2017: Revenue of $1.4M, expenses of $1.4M, and assets of $862K (revenue +7.0% year-over-year).
2016: Revenue of $1.3M, expenses of $1.3M, and assets of $744K (revenue +1.1% year-over-year).
2015: Revenue of $1.3M, expenses of $1.3M, and assets of $614K (revenue +15.3% year-over-year).
2014: Revenue of $1.2M, expenses of $1.2M, and assets of $445K (revenue +30.4% year-over-year).
2013: Revenue of $886K, expenses of $847K, and assets of $508K (revenue +74.0% year-over-year).
2012: Revenue of $509K, expenses of $452K, and assets of $392K (revenue +13.2% year-over-year).
2011: Revenue of $450K, expenses of $402K, and assets of $233K.

Data Sources and Methodology

This transparency report for Bicycle Coalition Of Maine is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.