Boston Cyclists Union
EIN: 800579364 · Boston, MA · NTEE: M40
| Metric | Value |
|---|---|
| Total Revenue | $629K |
| Total Expenses | $590K |
| Net Assets | $396K |
Is Boston Cyclists Union Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Boston Cyclists Union
Boston Cyclists Union (EIN: 800579364) is a nonprofit organization based in Boston, MA, classified under NTEE code M40. The organization reported total revenue of $629K and total assets of $602K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boston Cyclists Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boston Cyclists Union is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $541K |
| Total Expenses | $590K |
| Surplus / Deficit | $-48,495 |
| Total Assets | $480K |
| Total Liabilities | $85K |
| Net Assets | $396K |
| Operating Margin | -9.0% |
| Debt-to-Asset Ratio | 17.6% |
| Months of Reserves | 9.8 months |
Financial Health Grade: B
In 2023, Boston Cyclists Union reported a deficit of $48K with expenses exceeding revenue, holds 9.8 months of operating reserves (strong position), has a debt-to-asset ratio of 17.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Boston Cyclists Union's revenue has grown at a compound annual growth rate (CAGR) of 21.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.5% | +0.6% | -10.9% |
| 2022 | +48.0% | +26.3% | +24.0% |
| 2021 | -42.0% | +52.6% | -21.9% |
| 2020 | +73.1% | -16.7% | +241.7% |
| 2019 | +19.3% | +11.2% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Boston Cyclists Union 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 Boston Cyclists Union 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 $48K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.6%.
Frequently Asked Questions about Boston Cyclists Union
Is Boston Cyclists Union a legitimate charity?
Boston Cyclists Union (EIN: 800579364) is a registered tax-exempt nonprofit based in Massachusetts. It has 13 years of IRS 990 filings on record. Total revenue: $629K. No red flags identified. Financial health grade: B.
How does Boston Cyclists Union spend its money?
Boston Cyclists Union reported $629K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Boston Cyclists Union tax-deductible?
Boston Cyclists Union is registered as a tax-exempt nonprofit (EIN: 800579364). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Boston Cyclists Union located?
Boston Cyclists Union is headquartered in Boston, Massachusetts and files with the IRS under EIN 800579364. It is classified under NTEE code M40.
How many years of IRS 990 filings does Boston Cyclists Union have?
Boston Cyclists Union has 13 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 $629K in total revenue.
Filing History
IRS 990 filing history for Boston Cyclists Union showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Boston Cyclists Union's revenue has grown by 915.4%, moving from $53K to $541K. Total assets increased by 2812.4% over the same period, from $16K to $480K. Total functional expenses rose by 1501.8%, from $37K to $590K. In its most recent filing year (2023), Boston Cyclists Union reported a deficit of $48K, with expenses exceeding revenue. The organization holds $85K in liabilities against $480K in assets (debt-to-asset ratio: 17.6%), resulting in net assets of $396K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $541K | $590K | $480K | $85K | — | — |
| 2022 | $555K | $586K | $539K | $83K | — | View 990 |
| 2021 | $375K | $464K | $434K | $15K | — | View 990 |
| 2020 | $647K | $304K | $556K | $52K | — | View 990 |
| 2019 | $374K | $365K | $163K | $1K | — | View 990 |
| 2018 | $313K | $328K | $153K | $336 | — | View 990 |
| 2017 | $312K | $204K | $168K | $0 | — | View 990 |
| 2016 | $190K | $174K | $63K | $5K | — | View 990 |
| 2015 | $157K | $146K | $42K | $0 | — | View 990 |
| 2014 | $115K | $113K | $30K | $0 | — | View 990 |
| 2013 | $101K | $101K | $29K | $0 | — | View 990 |
| 2012 | $91K | $79K | $30K | $0 | — | View 990 |
| 2011 | $53K | $37K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $541K, expenses of $590K, and assets of $480K (revenue -2.5% year-over-year).
- 2022: Revenue of $555K, expenses of $586K, and assets of $539K (revenue +48.0% year-over-year).
- 2021: Revenue of $375K, expenses of $464K, and assets of $434K (revenue -42.0% year-over-year).
- 2020: Revenue of $647K, expenses of $304K, and assets of $556K (revenue +73.1% year-over-year).
- 2019: Revenue of $374K, expenses of $365K, and assets of $163K (revenue +19.3% year-over-year).
- 2018: Revenue of $313K, expenses of $328K, and assets of $153K (revenue +0.5% year-over-year).
- 2017: Revenue of $312K, expenses of $204K, and assets of $168K (revenue +64.4% year-over-year).
- 2016: Revenue of $190K, expenses of $174K, and assets of $63K (revenue +20.6% year-over-year).
- 2015: Revenue of $157K, expenses of $146K, and assets of $42K (revenue +37.3% year-over-year).
- 2014: Revenue of $115K, expenses of $113K, and assets of $30K (revenue +13.9% year-over-year).
- 2013: Revenue of $101K, expenses of $101K, and assets of $29K (revenue +9.9% year-over-year).
- 2012: Revenue of $91K, expenses of $79K, and assets of $30K (revenue +71.6% year-over-year).
- 2011: Revenue of $53K, expenses of $37K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boston Cyclists Union:
Data Sources and Methodology
This transparency report for Boston Cyclists Union 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.