Bike New York Inc
Bike New York Inc. shows fluctuating revenues and expenses, with no reported officer compensation across all filings.
EIN: 134069149 · New York, NY · NTEE: N99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.9M |
| Total Expenses | $4.8M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $1.7M |
| Transparency Score | 85/100 |
Is Bike New York Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bike New York Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bike New York Inc
Bike New York Inc (EIN: 134069149) is a nonprofit organization based in New York, NY, classified under NTEE code N99. The organization reported total revenue of $6.9M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bike New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bike New York Inc is a mid-size nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $4.8M |
| Surplus / Deficit | $-531,412 |
| Total Assets | $3.5M |
| Total Liabilities | $1.8M |
| Net Assets | $1.7M |
| Operating Margin | -12.4% |
| Debt-to-Asset Ratio | 51.3% |
| Months of Reserves | 8.7 months |
Financial Health Grade: C
In 2021, Bike New York Inc reported a deficit of $531K with expenses exceeding revenue, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 51.3% (high leverage).
Financial Trends
Over 12 years of filings (2011–2021), Bike New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +80.6% | +46.1% | -15.7% |
| 2020 | -63.2% | -48.4% | +56.5% |
| 2019 | -3.7% | -4.9% | -48.7% |
| 2018 | -1.0% | -4.5% | +65.0% |
| 2017 | +14.5% | +20.2% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bike New York Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Bike New York Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $531K, with expenses exceeding revenue.
- Debt-to-asset ratio: 51.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all 12 filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization with revenues often exceeding $6 million and suggests a strong commitment to directing funds towards its mission rather than executive salaries.
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 Bike New York Inc's IRS 990 filings:
- Significant revenue volatility, with a sharp drop from $6.4M in 2019 to $2.3M in 2020.
- Expenses frequently exceed revenues in several periods, such as 2021 ($4.8M expenses vs. $4.2M revenue), indicating tight operating margins.
Strengths
The following positive indicators were identified for Bike New York Inc:
- Consistent reporting of 0% officer compensation across all 12 filings, demonstrating a strong commitment to mission-focused spending.
- Long history of IRS 990 filings (12 periods), indicating strong transparency and compliance.
- Significant asset growth from $1.8M in 2012 to $4.4M currently, enhancing long-term stability.
- Latest revenue of $6,859,968 shows strong recovery and operational capacity.
Frequently Asked Questions about Bike New York Inc
Is Bike New York Inc a legitimate charity?
Bike New York Inc (EIN: 134069149) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $6.9M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Bike New York Inc spend its money?
Bike New York Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Bike New York Inc tax-deductible?
Bike New York Inc is registered as a tax-exempt nonprofit (EIN: 134069149). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bike New York Inc CEO make?
Bike New York Inc's highest-compensated officer earns $6 annually. The organization reported $6.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bike New York Inc's spending goes to programs?
Bike New York Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bike New York Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bike New York Inc is above average for NTEE category N99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bike New York Inc located?
Bike New York Inc is headquartered in New York, New York and files with the IRS under EIN 134069149. It is classified under NTEE code N99.
How many years of IRS 990 filings does Bike New York Inc have?
Bike New York Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.9M in total revenue.
Is Bike New York Inc. financially stable?
Bike New York Inc. has experienced significant revenue fluctuations, including a sharp drop in 2020, but has shown recovery. Its assets have grown to $4,478,078, and the latest revenue of $6,859,968 suggests improved stability, though past periods show expenses often close to or exceeding revenue.
How does Bike New York Inc. manage executive compensation?
The organization reports 0% officer compensation across all 12 available IRS 990 filings, indicating that no officers received salaries or other compensation from the organization during these periods.
What is the trend in Bike New York Inc.'s financial health?
The organization's financial health has been volatile, with a significant dip in revenue and increased liabilities in 2020-2021, likely due to external factors. However, the latest reported revenue of $6,859,968 and growing assets suggest a positive recovery trend.
Filing History
IRS 990 filing history for Bike New York Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2021), Bike New York Inc's revenue has grown by 15.5%, moving from $3.7M to $4.3M. Total assets increased by 75.5% over the same period, from $2.0M to $3.5M. Total functional expenses rose by 54.2%, from $3.1M to $4.8M. In its most recent filing year (2021), Bike New York Inc reported a deficit of $531K, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $3.5M in assets (debt-to-asset ratio: 51.3%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $4.3M | $4.8M | $3.5M | $1.8M | — | — |
| 2020 | $2.4M | $3.3M | $4.2M | $2.2M | — | View 990 |
| 2019 | $6.5M | $6.4M | $2.7M | $280K | — | — |
| 2018 | $6.7M | $6.7M | $5.2M | $2.9M | — | View 990 |
| 2017 | $6.8M | $7.0M | $3.1M | $804K | — | View 990 |
| 2016 | $5.9M | $5.9M | $3.1M | $626K | — | View 990 |
| 2015 | $5.7M | $5.5M | $2.9M | $463K | — | View 990 |
| 2014 | $5.2M | $4.9M | $3.0M | $659K | — | View 990 |
| 2013 | $5.0M | $4.3M | $2.6M | $536K | — | View 990 |
| 2012 | $23K | $467K | $1.9M | $469K | — | View 990 |
| 2012 | $4.4M | $4.4M | $2.2M | $348K | — | View 990 |
| 2011 | $3.7M | $3.1M | $2.0M | $125K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $4.3M, expenses of $4.8M, and assets of $3.5M (revenue +80.6% year-over-year).
- 2020: Revenue of $2.4M, expenses of $3.3M, and assets of $4.2M (revenue -63.2% year-over-year).
- 2019: Revenue of $6.5M, expenses of $6.4M, and assets of $2.7M (revenue -3.7% year-over-year).
- 2018: Revenue of $6.7M, expenses of $6.7M, and assets of $5.2M (revenue -1.0% year-over-year).
- 2017: Revenue of $6.8M, expenses of $7.0M, and assets of $3.1M (revenue +14.5% year-over-year).
- 2016: Revenue of $5.9M, expenses of $5.9M, and assets of $3.1M (revenue +4.6% year-over-year).
- 2015: Revenue of $5.7M, expenses of $5.5M, and assets of $2.9M (revenue +9.4% year-over-year).
- 2014: Revenue of $5.2M, expenses of $4.9M, and assets of $3.0M (revenue +4.0% year-over-year).
- 2013: Revenue of $5.0M, expenses of $4.3M, and assets of $2.6M (revenue +21171.9% year-over-year).
- 2012: Revenue of $23K, expenses of $467K, and assets of $1.9M (revenue -99.5% year-over-year).
- 2012: Revenue of $4.4M, expenses of $4.4M, and assets of $2.2M (revenue +16.9% year-over-year).
- 2011: Revenue of $3.7M, expenses of $3.1M, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bike New York Inc:
Data Sources and Methodology
This transparency report for Bike New York 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.