Friends Of The Fort Collins Bicycleprogram Inc
Fort Collins Bicycle Program maintains stable finances with no executive compensation.
EIN: 203797097 · Fort Collins, CO · NTEE: N32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $202K |
| Total Expenses | $196K |
| Program Spending | 85% |
| Net Assets | $169K |
| Transparency Score | 90/100 |
Is Friends Of The Fort Collins Bicycleprogram Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The Fort Collins Bicycleprogram Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The Fort Collins Bicycleprogram Inc
Friends Of The Fort Collins Bicycleprogram Inc (EIN: 203797097) is a nonprofit organization based in Fort Collins, CO, classified under NTEE code N32. The organization reported total revenue of $202K and total assets of $158K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Fort Collins Bicycleprogram Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The Fort Collins Bicycleprogram Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $200K |
| Total Expenses | $196K |
| Surplus / Deficit | +$4K |
| Total Assets | $225K |
| Total Liabilities | $56K |
| Net Assets | $169K |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 25.1% |
| Months of Reserves | 13.7 months |
Financial Health Grade: A
In 2023, Friends Of The Fort Collins Bicycleprogram Inc reported a surplus of $4K with revenue exceeding expenses, holds 13.7 months of operating reserves (strong position), has a debt-to-asset ratio of 25.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of The Fort Collins Bicycleprogram Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.5% | +7.2% | +11.0% |
| 2022 | -25.3% | -11.7% | +11.4% |
| 2021 | +31.9% | +30.4% | +24.4% |
| 2020 | -8.0% | -33.0% | -9.2% |
| 2019 | -24.4% | -10.3% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends Of The Fort Collins Bicycleprogram Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Friends Of The Fort Collins Bicycleprogram Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for directing funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Friends Of The Fort Collins Bicycleprogram Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency.
- Stable financial position with growing assets, reaching $225,013 in 2023.
- Long operational history with 13 IRS 990 filings, demonstrating sustained commitment.
- Revenues generally cover expenses, as seen in 2023 ($200,330 revenue vs. $196,388 expenses).
Frequently Asked Questions about Friends Of The Fort Collins Bicycleprogram Inc
Is Friends Of The Fort Collins Bicycleprogram Inc a legitimate charity?
Friends Of The Fort Collins Bicycleprogram Inc (EIN: 203797097) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $202K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Friends Of The Fort Collins Bicycleprogram Inc spend its money?
Friends Of The Fort Collins Bicycleprogram Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Friends Of The Fort Collins Bicycleprogram Inc tax-deductible?
Friends Of The Fort Collins Bicycleprogram Inc is registered as a tax-exempt nonprofit (EIN: 203797097). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of The Fort Collins Bicycleprogram Inc's spending goes to programs?
Friends Of The Fort Collins Bicycleprogram Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of The Fort Collins Bicycleprogram Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Friends Of The Fort Collins Bicycleprogram Inc is above average for NTEE category N32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of The Fort Collins Bicycleprogram Inc located?
Friends Of The Fort Collins Bicycleprogram Inc is headquartered in Fort Collins, Colorado and files with the IRS under EIN 203797097. It is classified under NTEE code N32.
How many years of IRS 990 filings does Friends Of The Fort Collins Bicycleprogram Inc have?
Friends Of The Fort Collins Bicycleprogram Inc 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 $202K in total revenue.
Is Friends Of The Fort Collins Bicycleprogram Inc a good charity?
Based on the available financial data, the organization appears to be a good charity. It demonstrates financial stability, consistent operations, and a strong commitment to its mission by not paying officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has remained relatively stable over the past decade, with revenues and expenses fluctuating but generally balancing out. Assets have shown growth, reaching $225,013 in 2023 from $140,602 in 2014, indicating prudent financial management.
What is the organization's approach to executive compensation?
Friends Of The Fort Collins Bicycleprogram Inc has a highly efficient approach to executive compensation, reporting 0% officer compensation in all available filings, meaning no salaries are paid to its officers.
Filing History
IRS 990 filing history for Friends Of The Fort Collins Bicycleprogram Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of The Fort Collins Bicycleprogram Inc's revenue has grown by 225.1%, moving from $62K to $200K. Total assets increased by 242.8% over the same period, from $66K to $225K. Total functional expenses rose by 271%, from $53K to $196K. In its most recent filing year (2023), Friends Of The Fort Collins Bicycleprogram Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $56K in liabilities against $225K in assets (debt-to-asset ratio: 25.1%), resulting in net assets of $169K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $200K | $196K | $225K | $56K | — | — |
| 2022 | $181K | $183K | $203K | $43K | — | View 990 |
| 2021 | $243K | $207K | $182K | $20K | — | View 990 |
| 2020 | $184K | $159K | $146K | $19K | — | View 990 |
| 2019 | $200K | $237K | $161K | $59K | — | View 990 |
| 2018 | $264K | $265K | $169K | $29K | — | View 990 |
| 2017 | $243K | $253K | $163K | $23K | — | View 990 |
| 2016 | $195K | $213K | $210K | $73K | — | View 990 |
| 2015 | $255K | $240K | $159K | $4K | — | View 990 |
| 2014 | $250K | $184K | $141K | $2K | — | View 990 |
| 2013 | $172K | $171K | $72K | $0 | — | View 990 |
| 2012 | $114K | $109K | $70K | $0 | — | View 990 |
| 2011 | $62K | $53K | $66K | $163 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $200K, expenses of $196K, and assets of $225K (revenue +10.5% year-over-year).
- 2022: Revenue of $181K, expenses of $183K, and assets of $203K (revenue -25.3% year-over-year).
- 2021: Revenue of $243K, expenses of $207K, and assets of $182K (revenue +31.9% year-over-year).
- 2020: Revenue of $184K, expenses of $159K, and assets of $146K (revenue -8.0% year-over-year).
- 2019: Revenue of $200K, expenses of $237K, and assets of $161K (revenue -24.4% year-over-year).
- 2018: Revenue of $264K, expenses of $265K, and assets of $169K (revenue +8.9% year-over-year).
- 2017: Revenue of $243K, expenses of $253K, and assets of $163K (revenue +24.6% year-over-year).
- 2016: Revenue of $195K, expenses of $213K, and assets of $210K (revenue -23.7% year-over-year).
- 2015: Revenue of $255K, expenses of $240K, and assets of $159K (revenue +1.9% year-over-year).
- 2014: Revenue of $250K, expenses of $184K, and assets of $141K (revenue +45.3% year-over-year).
- 2013: Revenue of $172K, expenses of $171K, and assets of $72K (revenue +51.0% year-over-year).
- 2012: Revenue of $114K, expenses of $109K, and assets of $70K (revenue +85.2% year-over-year).
- 2011: Revenue of $62K, expenses of $53K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The Fort Collins Bicycleprogram Inc:
Data Sources and Methodology
This transparency report for Friends Of The Fort Collins Bicycleprogram Inc 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.