Bicycle Mission World Inc
Bicycle Mission World Inc. shows volatile financial performance with recent deficits but no officer compensation.
EIN: 204168366 · Suwanee, GA · NTEE: Q33 · Updated: 2026-03-28
Is Bicycle Mission World Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bicycle Mission World Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bicycle Mission World Inc
Bicycle Mission World Inc (EIN: 204168366) is a nonprofit organization based in Suwanee, GA, classified under NTEE code Q33. The organization reported total revenue of $253K and total assets of $38K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bicycle Mission World Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bicycle Mission World Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Bicycle Mission World Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is a strong positive for directing funds to the mission.
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 Mission World Inc's IRS 990 filings:
- 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
The following positive indicators were identified for Bicycle Mission World Inc:
- 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).
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) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Bicycle Mission World Inc spend its money?
Bicycle Mission World Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bicycle Mission World Inc tax-deductible?
Bicycle Mission World Inc is registered as a tax-exempt nonprofit (EIN: 204168366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Bicycle Mission World Inc. a good charity?
Bicycle Mission World Inc. demonstrates strong commitment to its mission by not paying officer compensation and maintaining zero liabilities. However, its financial stability is a concern due to significant deficits in recent years (e.g., $397,757 deficit in 2022). A deeper understanding of how funds are spent (program vs. admin) is needed for a full assessment.
Why did assets decrease significantly from 2021 to 2023?
Assets peaked at $515,227 in 2021 but dropped to $67,046 by 2023. This decline coincides with periods where expenses exceeded revenue, particularly in 2022 and 2023, suggesting the organization may have drawn down reserves to cover operational costs.
What caused the large deficit in 2022?
In 2022, Bicycle Mission World Inc. reported expenses of $891,995 against revenues of $494,238, resulting in a deficit of $397,757. Without a detailed expense breakdown, the specific causes are unclear, but it indicates a significant increase in spending relative to income for that period.
How does the organization sustain itself with 0% officer compensation?
The consistent 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, allowing more funds to be allocated to programs.
Filing History
IRS 990 filing history for Bicycle Mission World Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bicycle Mission World Inc's revenue has grown by 80.9%, moving from $236K to $428K. Total assets decreased by 39.2% over the same period, from $110K to $67K. Total functional expenses rose by 134.8%, from $204K to $478K. In its most recent filing year (2023), Bicycle Mission World Inc reported a deficit of $50K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $428K | $478K | $67K | $0 | — | — |
| 2022 | $494K | $892K | $117K | $0 | — | — |
| 2021 | $708K | $353K | $515K | $0 | — | View 990 |
| 2020 | $389K | $432K | $159K | $0 | — | View 990 |
| 2019 | $294K | $255K | $202K | $0 | — | View 990 |
| 2018 | $436K | $427K | $163K | $0 | — | View 990 |
| 2017 | $351K | $409K | $154K | $0 | — | — |
| 2016 | $440K | $329K | $213K | $0 | — | View 990 |
| 2015 | $242K | $215K | $102K | $0 | — | View 990 |
| 2014 | $287K | $277K | $75K | $0 | — | View 990 |
| 2013 | $243K | $235K | $65K | $0 | — | View 990 |
| 2012 | $153K | $207K | $57K | $0 | — | View 990 |
| 2011 | $236K | $204K | $110K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $428K, expenses of $478K, and assets of $67K (revenue -13.5% year-over-year).
- 2022: Revenue of $494K, expenses of $892K, and assets of $117K (revenue -30.2% year-over-year).
- 2021: Revenue of $708K, expenses of $353K, and assets of $515K (revenue +82.2% year-over-year).
- 2020: Revenue of $389K, expenses of $432K, and assets of $159K (revenue +32.2% year-over-year).
- 2019: Revenue of $294K, expenses of $255K, and assets of $202K (revenue -32.4% year-over-year).
- 2018: Revenue of $436K, expenses of $427K, and assets of $163K (revenue +24.2% year-over-year).
- 2017: Revenue of $351K, expenses of $409K, and assets of $154K (revenue -20.2% year-over-year).
- 2016: Revenue of $440K, expenses of $329K, and assets of $213K (revenue +81.5% year-over-year).
- 2015: Revenue of $242K, expenses of $215K, and assets of $102K (revenue -15.6% year-over-year).
- 2014: Revenue of $287K, expenses of $277K, and assets of $75K (revenue +18.0% year-over-year).
- 2013: Revenue of $243K, expenses of $235K, and assets of $65K (revenue +58.8% year-over-year).
- 2012: Revenue of $153K, expenses of $207K, and assets of $57K (revenue -35.2% year-over-year).
- 2011: Revenue of $236K, expenses of $204K, and assets of $110K.
Data Sources and Methodology
This transparency report for Bicycle Mission World Inc 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.