Bicycling For Louisville Inc

Bicycling For Louisville Inc reported $86,184 in revenue and $30,970 in expenses in its 2015 filing, with no officer compensation.

EIN: 202068455 · Louisville, KY · NTEE: S20 · Updated: 2026-03-28

$0Revenue
$0Assets
70/100Mission Score (Good)
S20
Bicycling For Louisville Inc Financial Summary
MetricValue
Total Expenses$31K
Program Spending80%
Net Assets$85K
Transparency Score70/100

Is Bicycling For Louisville Inc Legit?

Some Concerns

LimitedFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Bicycling For Louisville Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Bicycling For Louisville Inc

Bicycling For Louisville Inc (EIN: 202068455) is a nonprofit organization based in Louisville, KY, classified under NTEE code S20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bicycling For Louisville Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
MicroSize Classification
1Years of Filings
StableRevenue Trajectory

Bicycling For Louisville Inc is a micro nonprofit that has been operating for 19 years.

Key Financial Metrics (2015)

From the most recent IRS 990 filing on record:

Total Revenue$86K
Total Expenses$31K
Surplus / Deficit+$55K
Total Assets$85K
Net Assets$85K
Operating Margin64.1%
Months of Reserves33.0 months

Financial Health Grade: A

In 2015, Bicycling For Louisville Inc reported a surplus of $55K with revenue exceeding expenses, holds 33.0 months of operating reserves (strong position).

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Bicycling For Louisville Inc appears to be a very small, community-focused organization based on its single available IRS 990 filing from 2015. With reported revenue of $86,184 and expenses of $30,970, the organization demonstrated a significant surplus in that year, leading to substantial assets relative to its operational size. The lack of reported revenue and assets in the latest data suggests either a significant change in operations, a period of dormancy, or that the latest data provided is incomplete or reflects a different reporting period than the 2015 filing. The organization's financial health, based on the 2015 data, was strong with no liabilities, indicating good fiscal management for its scale. However, the absence of more recent financial activity makes a current assessment challenging. Spending efficiency, based on the 2015 filing, seems reasonable given the scale. Without a detailed breakdown of expenses, it's difficult to precisely determine program versus administrative spending. However, the overall low expense level relative to revenue suggests a lean operation. The organization reported no officer compensation, which is common for very small, volunteer-led nonprofits and indicates a high degree of financial commitment from leadership. Transparency is limited by the single available filing from 2015 and the lack of more recent data. While the 2015 filing itself provides basic financial information, the absence of subsequent filings or current financial data makes it difficult to assess ongoing transparency. For a more comprehensive understanding, more recent financial statements would be necessary.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bicycling For Louisville Inc with a Mission Score of 70 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, Bicycling For Louisville 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.

Key Financial Metrics (2015)

From the most recent IRS 990 filing on record:

$86KTotal Revenue
$31KTotal Expenses
$85KTotal Assets
$85KNet Assets
  • The organization reported a surplus of $55K, with revenue exceeding expenses.

Executive Compensation Analysis

The organization reported 0% officer compensation in its 2015 filing, indicating that its leadership was likely volunteer-based or compensated through other means, which is common for small nonprofits and suggests a high dedication 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 Bicycling For Louisville Inc's IRS 990 filings:

  • Latest reported revenue and assets are $0, contrasting sharply with 2015 activity, raising questions about current operational status.
  • Only one IRS 990 filing (2015) is available, limiting current financial transparency and making it difficult to assess ongoing health.

Strengths

The following positive indicators were identified for Bicycling For Louisville Inc:

  • Strong financial health in 2015 with $85,184 in assets and no liabilities.
  • No officer compensation reported in 2015, indicating volunteer leadership or highly dedicated staff.
  • Expenses ($30,970) were significantly lower than revenue ($86,184) in 2015, demonstrating fiscal prudence for that period.

Frequently Asked Questions about Bicycling For Louisville Inc

Is Bicycling For Louisville Inc a legitimate charity?

Bicycling For Louisville Inc (EIN: 202068455) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 70/100. 2 red flags identified. 3 strengths noted. Financial health grade: A.

How does Bicycling For Louisville Inc spend its money?

Bicycling For Louisville Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Bicycling For Louisville Inc tax-deductible?

Bicycling For Louisville Inc is registered as a tax-exempt nonprofit (EIN: 202068455). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Bicycling For Louisville Inc's spending goes to programs?

Bicycling For Louisville Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Bicycling For Louisville Inc compare to similar nonprofits?

With a transparency score of 70/100 (Good), Bicycling For Louisville Inc is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Bicycling For Louisville Inc located?

Bicycling For Louisville Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 202068455. It is classified under NTEE code S20.

What is the current operational status of Bicycling For Louisville Inc, given the latest reported revenue and assets of $0?

The provided data shows $0 for latest revenue and assets, which could indicate the organization is currently inactive, has ceased operations, or that the latest data point is not reflective of its full financial picture. The 2015 filing showed active operations.

How does Bicycling For Louisville Inc fund its operations if its latest reported revenue is $0?

If the latest reported revenue is indeed $0, the organization would not be able to fund operations. This suggests the $0 figure might be an anomaly, or the organization is currently dormant. In 2015, it was funded by $86,184 in revenue.

What were the specific program activities and achievements in 2015?

The provided IRS 990 data does not detail specific program activities. To understand this, one would need to review the full 2015 IRS 990 form, specifically Part III, Statement of Program Service Accomplishments.

Filing History

IRS 990 filing history for Bicycling For Louisville Inc showing financial trends over 1 year of public records:

In its most recent filing year (2015), Bicycling For Louisville Inc reported a surplus of $55K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2015 $86K $31K $85K $0 View 990

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Bicycling For Louisville Inc:

2015 Filing

Data Sources and Methodology

This transparency report for Bicycling For Louisville 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.

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