Falls City Community Bikeworks
EIN: 815031684 · Louisville, KY · NTEE: C20
| Metric | Value |
|---|---|
| Total Revenue | $58K |
| Total Expenses | $66K |
| Net Assets | $29K |
Is Falls City Community Bikeworks Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Falls City Community Bikeworks
Falls City Community Bikeworks (EIN: 815031684) is a nonprofit organization based in Louisville, KY, classified under NTEE code C20. The organization reported total revenue of $58K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Falls City Community Bikeworks's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Falls City Community Bikeworks is a micro nonprofit that has been operating for 9 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $66K |
| Surplus / Deficit | $-10,053 |
| Total Assets | $29K |
| Net Assets | $29K |
| Operating Margin | -17.9% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2023, Falls City Community Bikeworks reported a deficit of $10K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Falls City Community Bikeworks 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 Falls City Community Bikeworks 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 $10K, with expenses exceeding revenue.
Frequently Asked Questions about Falls City Community Bikeworks
Is Falls City Community Bikeworks a legitimate charity?
Falls City Community Bikeworks (EIN: 815031684) is a registered tax-exempt nonprofit based in Kentucky. Total revenue: $58K. No red flags identified. Financial health grade: B.
How does Falls City Community Bikeworks spend its money?
Falls City Community Bikeworks reported $58K in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Falls City Community Bikeworks tax-deductible?
Falls City Community Bikeworks is registered as a tax-exempt nonprofit (EIN: 815031684). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Falls City Community Bikeworks located?
Falls City Community Bikeworks is headquartered in Louisville, Kentucky and files with the IRS under EIN 815031684. It is classified under NTEE code C20.
Filing History
IRS 990 filing history for Falls City Community Bikeworks showing financial trends over 1 year of public records:
In its most recent filing year (2023), Falls City Community Bikeworks reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $56K | $66K | $29K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Falls City Community Bikeworks:
Data Sources and Methodology
This transparency report for Falls City Community Bikeworks 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.