Bikemore Incorporated
EIN: 455428628 · Baltimore, MD · NTEE: M40
| Metric | Value |
|---|---|
| Total Revenue | $301K |
| Total Expenses | $284K |
| Net Assets | $88K |
Is Bikemore Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bikemore Incorporated
Bikemore Incorporated (EIN: 455428628) is a nonprofit organization based in Baltimore, MD, classified under NTEE code M40. The organization reported total revenue of $301K and total assets of $89K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bikemore Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bikemore Incorporated is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 65.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $275K |
| Total Expenses | $284K |
| Surplus / Deficit | $-8,406 |
| Total Assets | $89K |
| Total Liabilities | $1K |
| Net Assets | $88K |
| Operating Margin | -3.1% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2023, Bikemore Incorporated reported a deficit of $8K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Bikemore Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 65.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.8% | +9.0% | -7.7% |
| 2022 | -21.4% | -5.8% | +58.5% |
| 2021 | +38.8% | -17.1% | +118.6% |
| 2020 | +23.5% | +31.8% | -30.6% |
| 2019 | -3.4% | +20.4% | -12.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bikemore Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bikemore Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Bikemore Incorporated
Is Bikemore Incorporated a legitimate charity?
Bikemore Incorporated (EIN: 455428628) is a registered tax-exempt nonprofit based in Maryland. It has 9 years of IRS 990 filings on record. Total revenue: $301K. No red flags identified. Financial health grade: B.
How does Bikemore Incorporated spend its money?
Bikemore Incorporated reported $301K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bikemore Incorporated tax-deductible?
Bikemore Incorporated is registered as a tax-exempt nonprofit (EIN: 455428628). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bikemore Incorporated located?
Bikemore Incorporated is headquartered in Baltimore, Maryland and files with the IRS under EIN 455428628. It is classified under NTEE code M40.
How many years of IRS 990 filings does Bikemore Incorporated have?
Bikemore Incorporated has 9 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 $301K in total revenue.
Filing History
IRS 990 filing history for Bikemore Incorporated showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Bikemore Incorporated's revenue has grown by 5395.7%, moving from $5K to $275K. Total assets increased by 146% over the same period, from $36K to $89K. Total functional expenses rose by 2871.6%, from $10K to $284K. In its most recent filing year (2023), Bikemore Incorporated reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1K in liabilities against $89K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $88K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $275K | $284K | $89K | $1K | — | View 990 |
| 2022 | $299K | $260K | $96K | $59 | — | View 990 |
| 2021 | $380K | $277K | $61K | $3K | — | View 990 |
| 2020 | $274K | $334K | $28K | $74K | — | View 990 |
| 2019 | $222K | $253K | $40K | $26K | — | View 990 |
| 2018 | $230K | $210K | $46K | $864 | — | View 990 |
| 2017 | $142K | $186K | $26K | $21K | — | View 990 |
| 2016 | $104K | $91K | $51K | $1K | — | View 990 |
| 2015 | $5K | $10K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $275K, expenses of $284K, and assets of $89K (revenue -7.8% year-over-year).
- 2022: Revenue of $299K, expenses of $260K, and assets of $96K (revenue -21.4% year-over-year).
- 2021: Revenue of $380K, expenses of $277K, and assets of $61K (revenue +38.8% year-over-year).
- 2020: Revenue of $274K, expenses of $334K, and assets of $28K (revenue +23.5% year-over-year).
- 2019: Revenue of $222K, expenses of $253K, and assets of $40K (revenue -3.4% year-over-year).
- 2018: Revenue of $230K, expenses of $210K, and assets of $46K (revenue +62.0% year-over-year).
- 2017: Revenue of $142K, expenses of $186K, and assets of $26K (revenue +36.4% year-over-year).
- 2016: Revenue of $104K, expenses of $91K, and assets of $51K (revenue +1975.0% year-over-year).
- 2015: Revenue of $5K, expenses of $10K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bikemore Incorporated:
Data Sources and Methodology
This transparency report for Bikemore Incorporated 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.