Georgia Bikes Inc
Georgia Bikes Inc. shows strong financial growth and zero officer compensation in recent years.
EIN: 200295376 · Macon, GA · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $403K |
| Total Expenses | $351K |
| Program Spending | 85% |
| Net Assets | $252K |
| Transparency Score | 90/100 |
Is Georgia Bikes Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Georgia Bikes Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Georgia Bikes Inc
Georgia Bikes Inc (EIN: 200295376) is a nonprofit organization based in Macon, GA, classified under NTEE code N60. The organization reported total revenue of $403K and total assets of $232K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georgia Bikes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Georgia Bikes Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $472K |
| Total Expenses | $351K |
| Surplus / Deficit | +$120K |
| Total Assets | $264K |
| Total Liabilities | $11K |
| Net Assets | $252K |
| Operating Margin | 25.5% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 9.0 months |
Financial Health Grade: A
In 2023, Georgia Bikes Inc reported a surplus of $120K with revenue exceeding expenses, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Georgia Bikes Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +73.6% | +60.2% | +87.2% |
| 2022 | +85.3% | +27.4% | +66.2% |
| 2021 | +2.2% | +3.8% | -20.0% |
| 2020 | -34.8% | -5.0% | -17.1% |
| 2019 | -26.7% | -55.1% | +54.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Georgia Bikes 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, Georgia Bikes 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 $120K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.3%.
Executive Compensation Analysis
Georgia Bikes Inc. consistently reports 0% officer compensation across all available filing periods, indicating that no salaries are paid to its officers. This is a highly positive indicator of the organization's commitment to directing all funds towards 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 Georgia Bikes Inc:
- Strong financial growth, with revenue increasing from $127,105 in 2014 to $471,650 in 2023.
- Consistent asset growth, from $27,120 in 2014 to $263,506 in 2023, indicating financial stability.
- Zero officer compensation reported across all 13 filings, demonstrating high transparency and mission focus.
- Positive net income in most recent periods, such as a $120,180 surplus in 2023 ($471,650 revenue - $351,470 expenses).
- Low liabilities, with only $11,234 reported in 2023, indicating good financial management and minimal debt.
Frequently Asked Questions about Georgia Bikes Inc
Is Georgia Bikes Inc a legitimate charity?
Georgia Bikes Inc (EIN: 200295376) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $403K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Georgia Bikes Inc spend its money?
Georgia Bikes Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Georgia Bikes Inc tax-deductible?
Georgia Bikes Inc is registered as a tax-exempt nonprofit (EIN: 200295376). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Georgia Bikes Inc's spending goes to programs?
Georgia Bikes Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Georgia Bikes Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Georgia Bikes Inc is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Georgia Bikes Inc located?
Georgia Bikes Inc is headquartered in Macon, Georgia and files with the IRS under EIN 200295376. It is classified under NTEE code N60.
How many years of IRS 990 filings does Georgia Bikes Inc have?
Georgia Bikes 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 $403K in total revenue.
Is Georgia Bikes Inc. a good charity?
Based on the provided financial data, Georgia Bikes Inc. appears to be a good charity. It demonstrates strong financial health, consistent growth in assets, and a notable commitment to transparency by reporting 0% officer compensation across all filings. Its ability to generate surpluses, such as in 2023 ($471,650 revenue vs. $351,470 expenses), suggests effective management and a focus on its mission.
How has Georgia Bikes Inc.'s financial health changed over time?
Georgia Bikes Inc. has shown significant financial growth. Its revenue increased from $127,105 in 2014 to $471,650 in 2023, and assets grew from $27,120 to $263,506 over the same period. While there were fluctuations, the overall trend indicates substantial positive development and increased financial capacity.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings. This indicates a policy of not paying salaries to its officers, which is a strong positive for transparency and ensuring funds are directed to programs.
Filing History
IRS 990 filing history for Georgia Bikes Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Georgia Bikes Inc's revenue has grown by 229.9%, moving from $143K to $472K. Total assets increased by 1304.5% over the same period, from $19K to $264K. Total functional expenses rose by 223.9%, from $109K to $351K. In its most recent filing year (2023), Georgia Bikes Inc reported a surplus of $120K, with revenue exceeding expenses. The organization holds $11K in liabilities against $264K in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $252K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $472K | $351K | $264K | $11K | — | View 990 |
| 2022 | $272K | $219K | $141K | $9K | — | — |
| 2021 | $147K | $172K | $85K | $5K | — | View 990 |
| 2020 | $144K | $166K | $106K | $462 | — | View 990 |
| 2019 | $220K | $175K | $128K | $0 | — | View 990 |
| 2018 | $300K | $389K | $83K | $625 | — | View 990 |
| 2017 | $301K | $245K | $170K | $0 | — | View 990 |
| 2016 | $338K | $336K | $115K | $24 | — | View 990 |
| 2015 | $222K | $136K | $113K | $0 | — | View 990 |
| 2014 | $127K | $119K | $27K | $0 | — | View 990 |
| 2013 | $128K | $140K | $19K | $2K | — | View 990 |
| 2012 | $120K | $103K | $36K | $6 | — | View 990 |
| 2011 | $143K | $109K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $472K, expenses of $351K, and assets of $264K (revenue +73.6% year-over-year).
- 2022: Revenue of $272K, expenses of $219K, and assets of $141K (revenue +85.3% year-over-year).
- 2021: Revenue of $147K, expenses of $172K, and assets of $85K (revenue +2.2% year-over-year).
- 2020: Revenue of $144K, expenses of $166K, and assets of $106K (revenue -34.8% year-over-year).
- 2019: Revenue of $220K, expenses of $175K, and assets of $128K (revenue -26.7% year-over-year).
- 2018: Revenue of $300K, expenses of $389K, and assets of $83K (revenue -0.1% year-over-year).
- 2017: Revenue of $301K, expenses of $245K, and assets of $170K (revenue -11.1% year-over-year).
- 2016: Revenue of $338K, expenses of $336K, and assets of $115K (revenue +52.4% year-over-year).
- 2015: Revenue of $222K, expenses of $136K, and assets of $113K (revenue +74.7% year-over-year).
- 2014: Revenue of $127K, expenses of $119K, and assets of $27K (revenue -0.4% year-over-year).
- 2013: Revenue of $128K, expenses of $140K, and assets of $19K (revenue +6.3% year-over-year).
- 2012: Revenue of $120K, expenses of $103K, and assets of $36K (revenue -16.0% year-over-year).
- 2011: Revenue of $143K, expenses of $109K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Georgia Bikes Inc:
Data Sources and Methodology
This transparency report for Georgia Bikes 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.