Bingham Herriman Cycling Club
EIN: 471576689 · South Jordan, UT · NTEE: O20
| Metric | Value |
|---|---|
| Total Revenue | $95K |
| Total Expenses | $80K |
| Net Assets | $75K |
Is Bingham Herriman Cycling Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bingham Herriman Cycling Club
Bingham Herriman Cycling Club (EIN: 471576689) is a nonprofit organization based in South Jordan, UT, classified under NTEE code O20. The organization reported total revenue of $95K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bingham Herriman Cycling Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bingham Herriman Cycling Club is a micro nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 32.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $97K |
| Total Expenses | $80K |
| Surplus / Deficit | +$17K |
| Total Assets | $75K |
| Net Assets | $75K |
| Operating Margin | 17.3% |
| Months of Reserves | 11.3 months |
Financial Health Grade: A
In 2023, Bingham Herriman Cycling Club reported a surplus of $17K with revenue exceeding expenses, holds 11.3 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Bingham Herriman Cycling Club's revenue has grown at a compound annual growth rate (CAGR) of 32.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.4% | +13.9% | +28.7% |
| 2022 | +14.8% | -8.0% | +37.3% |
| 2021 | +19.2% | +22.8% | -3.0% |
| 2020 | -13.9% | -0.9% | +1.8% |
| 2019 | +6.9% | +5.1% | +31.8% |
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 Bingham Herriman Cycling Club 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 Bingham Herriman Cycling Club 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 surplus of $17K, with revenue exceeding expenses.
Frequently Asked Questions about Bingham Herriman Cycling Club
Is Bingham Herriman Cycling Club a legitimate charity?
Bingham Herriman Cycling Club (EIN: 471576689) is a registered tax-exempt nonprofit based in Utah. It has 10 years of IRS 990 filings on record. Total revenue: $95K. No red flags identified. Financial health grade: A.
How does Bingham Herriman Cycling Club spend its money?
Bingham Herriman Cycling Club reported $95K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bingham Herriman Cycling Club tax-deductible?
Bingham Herriman Cycling Club is registered as a tax-exempt nonprofit (EIN: 471576689). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bingham Herriman Cycling Club located?
Bingham Herriman Cycling Club is headquartered in South Jordan, Utah and files with the IRS under EIN 471576689. It is classified under NTEE code O20.
How many years of IRS 990 filings does Bingham Herriman Cycling Club have?
Bingham Herriman Cycling Club has 10 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 $95K in total revenue.
Filing History
IRS 990 filing history for Bingham Herriman Cycling Club showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Bingham Herriman Cycling Club's revenue has grown by 1125.3%, moving from $8K to $97K. Total assets increased by 7789.2% over the same period, from $950 to $75K. Total functional expenses rose by 1052%, from $7K to $80K. In its most recent filing year (2023), Bingham Herriman Cycling Club reported a surplus of $17K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $97K | $80K | $75K | $0 | — | — |
| 2022 | $86K | $70K | $58K | $0 | — | View 990 |
| 2021 | $75K | $76K | $42K | $0 | — | View 990 |
| 2020 | $63K | $62K | $44K | $0 | — | — |
| 2019 | $73K | $63K | $43K | $0 | — | View 990 |
| 2018 | $68K | $60K | $33K | $0 | — | View 990 |
| 2017 | $54K | $50K | $24K | $0 | — | — |
| 2016 | $47K | $32K | $20K | $0 | — | View 990 |
| 2015 | $28K | $23K | $6K | $0 | — | View 990 |
| 2014 | $8K | $7K | $950 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $97K, expenses of $80K, and assets of $75K (revenue +12.4% year-over-year).
- 2022: Revenue of $86K, expenses of $70K, and assets of $58K (revenue +14.8% year-over-year).
- 2021: Revenue of $75K, expenses of $76K, and assets of $42K (revenue +19.2% year-over-year).
- 2020: Revenue of $63K, expenses of $62K, and assets of $44K (revenue -13.9% year-over-year).
- 2019: Revenue of $73K, expenses of $63K, and assets of $43K (revenue +6.9% year-over-year).
- 2018: Revenue of $68K, expenses of $60K, and assets of $33K (revenue +26.8% year-over-year).
- 2017: Revenue of $54K, expenses of $50K, and assets of $24K (revenue +14.7% year-over-year).
- 2016: Revenue of $47K, expenses of $32K, and assets of $20K (revenue +67.7% year-over-year).
- 2015: Revenue of $28K, expenses of $23K, and assets of $6K (revenue +255.4% year-over-year).
- 2014: Revenue of $8K, expenses of $7K, and assets of $950.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bingham Herriman Cycling Club:
Data Sources and Methodology
This transparency report for Bingham Herriman Cycling Club 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.