Corvallis Bicycle Collective
EIN: 270348094 · Corvallis, OR · NTEE: W40
| Metric | Value |
|---|---|
| Total Revenue | $148K |
| Total Expenses | $87K |
| Net Assets | $93K |
Is Corvallis Bicycle Collective Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Corvallis Bicycle Collective
Corvallis Bicycle Collective (EIN: 270348094) is a nonprofit organization based in Corvallis, OR, classified under NTEE code W40. The organization reported total revenue of $148K and total assets of $108K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Corvallis Bicycle Collective's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Corvallis Bicycle Collective is a small nonprofit that has been operating for 15 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $100K |
| Total Expenses | $87K |
| Surplus / Deficit | +$12K |
| Total Assets | $98K |
| Total Liabilities | $5K |
| Net Assets | $93K |
| Operating Margin | 12.5% |
| Debt-to-Asset Ratio | 5.3% |
| Months of Reserves | 13.5 months |
Financial Health Grade: A
In 2023, Corvallis Bicycle Collective reported a surplus of $12K with revenue exceeding expenses, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 5.3% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Corvallis Bicycle Collective's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.9% | +10.0% | +15.5% |
| 2022 | -12.8% | +11.6% | +10.0% |
| 2021 | +50.8% | -11.2% | +58.0% |
| 2020 | -51.7% | -48.3% | -17.5% |
| 2019 | -10.3% | +16.3% | -23.4% |
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 Corvallis Bicycle Collective 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 Corvallis Bicycle Collective 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 $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.3%.
Frequently Asked Questions about Corvallis Bicycle Collective
Is Corvallis Bicycle Collective a legitimate charity?
Corvallis Bicycle Collective (EIN: 270348094) is a registered tax-exempt nonprofit based in Oregon. It has 9 years of IRS 990 filings on record. Total revenue: $148K. No red flags identified. Financial health grade: A.
How does Corvallis Bicycle Collective spend its money?
Corvallis Bicycle Collective reported $148K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Corvallis Bicycle Collective tax-deductible?
Corvallis Bicycle Collective is registered as a tax-exempt nonprofit (EIN: 270348094). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Corvallis Bicycle Collective located?
Corvallis Bicycle Collective is headquartered in Corvallis, Oregon and files with the IRS under EIN 270348094. It is classified under NTEE code W40.
How many years of IRS 990 filings does Corvallis Bicycle Collective have?
Corvallis Bicycle Collective 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 $148K in total revenue.
Filing History
IRS 990 filing history for Corvallis Bicycle Collective showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Corvallis Bicycle Collective's revenue has grown by 148.1%, moving from $40K to $100K. Total assets increased by 172.3% over the same period, from $36K to $98K. Total functional expenses rose by 179.5%, from $31K to $87K. In its most recent filing year (2023), Corvallis Bicycle Collective reported a surplus of $12K, with revenue exceeding expenses. The organization holds $5K in liabilities against $98K in assets (debt-to-asset ratio: 5.3%), resulting in net assets of $93K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $100K | $87K | $98K | $5K | — | View 990 |
| 2022 | $87K | $79K | $85K | $4K | — | — |
| 2021 | $99K | $71K | $77K | $4K | — | View 990 |
| 2020 | $66K | $80K | $49K | $4K | — | View 990 |
| 2019 | $137K | $155K | $59K | $584 | — | View 990 |
| 2018 | $152K | $133K | $77K | $506 | — | View 990 |
| 2017 | $125K | $105K | $59K | $1K | — | View 990 |
| 2016 | $60K | $58K | $38K | $693 | — | View 990 |
| 2015 | $40K | $31K | $36K | $727 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $100K, expenses of $87K, and assets of $98K (revenue +14.9% year-over-year).
- 2022: Revenue of $87K, expenses of $79K, and assets of $85K (revenue -12.8% year-over-year).
- 2021: Revenue of $99K, expenses of $71K, and assets of $77K (revenue +50.8% year-over-year).
- 2020: Revenue of $66K, expenses of $80K, and assets of $49K (revenue -51.7% year-over-year).
- 2019: Revenue of $137K, expenses of $155K, and assets of $59K (revenue -10.3% year-over-year).
- 2018: Revenue of $152K, expenses of $133K, and assets of $77K (revenue +21.5% year-over-year).
- 2017: Revenue of $125K, expenses of $105K, and assets of $59K (revenue +108.1% year-over-year).
- 2016: Revenue of $60K, expenses of $58K, and assets of $38K (revenue +49.9% year-over-year).
- 2015: Revenue of $40K, expenses of $31K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Corvallis Bicycle Collective:
Data Sources and Methodology
This transparency report for Corvallis Bicycle Collective 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.