Humble Sons Bike Company
EIN: 262582629 · Broken Arrow, OK · NTEE: O99
| Metric | Value |
|---|---|
| Total Revenue | $5.8M |
| Total Expenses | $997K |
| Net Assets | $4.8M |
Is Humble Sons Bike Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Humble Sons Bike Company
Humble Sons Bike Company (EIN: 262582629) is a nonprofit organization based in Broken Arrow, OK, classified under NTEE code O99. The organization reported total revenue of $5.8M and total assets of $9.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Humble Sons Bike Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Humble Sons Bike Company is a mid-size nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 45.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.9M |
| Total Expenses | $997K |
| Surplus / Deficit | +$3.9M |
| Total Assets | $4.8M |
| Total Liabilities | $12K |
| Net Assets | $4.8M |
| Operating Margin | 79.6% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 57.9 months |
Financial Health Grade: A
In 2023, Humble Sons Bike Company reported a surplus of $3.9M with revenue exceeding expenses, holds 57.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Humble Sons Bike Company's revenue has grown at a compound annual growth rate (CAGR) of 45.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +344.0% | +11.7% | +451.3% |
| 2022 | +32.3% | +64.7% | +28.8% |
| 2021 | +123.3% | +73.3% | +75.0% |
| 2020 | +1.9% | -0.3% | +18.4% |
| 2019 | +3.5% | +42.2% | +18.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Humble Sons Bike Company 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 Humble Sons Bike Company 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 $3.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Humble Sons Bike Company
Is Humble Sons Bike Company a legitimate charity?
Humble Sons Bike Company (EIN: 262582629) is a registered tax-exempt nonprofit based in Oklahoma. It has 12 years of IRS 990 filings on record. Total revenue: $5.8M. No red flags identified. Financial health grade: A.
How does Humble Sons Bike Company spend its money?
Humble Sons Bike Company reported $5.8M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Humble Sons Bike Company tax-deductible?
Humble Sons Bike Company is registered as a tax-exempt nonprofit (EIN: 262582629). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Humble Sons Bike Company located?
Humble Sons Bike Company is headquartered in Broken Arrow, Oklahoma and files with the IRS under EIN 262582629. It is classified under NTEE code O99.
How many years of IRS 990 filings does Humble Sons Bike Company have?
Humble Sons Bike Company has 12 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 $5.8M in total revenue.
Filing History
IRS 990 filing history for Humble Sons Bike Company showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Humble Sons Bike Company's revenue has grown by 6077.8%, moving from $79K to $4.9M. Total assets increased by 31538.8% over the same period, from $15K to $4.8M. Total functional expenses rose by 1415.3%, from $66K to $997K. In its most recent filing year (2023), Humble Sons Bike Company reported a surplus of $3.9M, with revenue exceeding expenses. The organization holds $12K in liabilities against $4.8M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.9M | $997K | $4.8M | $12K | — | — |
| 2022 | $1.1M | $892K | $872K | $0 | — | View 990 |
| 2021 | $832K | $542K | $677K | $0 | — | — |
| 2020 | $373K | $313K | $387K | $0 | — | — |
| 2019 | $366K | $314K | $327K | $0 | — | View 990 |
| 2018 | $353K | $221K | $275K | $0 | — | View 990 |
| 2017 | $234K | $151K | $0 | $0 | — | View 990 |
| 2016 | $172K | $130K | $62K | $0 | — | View 990 |
| 2015 | $111K | $111K | $20K | $0 | — | View 990 |
| 2014 | $70K | $78K | $20K | $0 | — | View 990 |
| 2013 | $108K | $96K | $27K | $0 | — | View 990 |
| 2012 | $79K | $66K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.9M, expenses of $997K, and assets of $4.8M (revenue +344.0% year-over-year).
- 2022: Revenue of $1.1M, expenses of $892K, and assets of $872K (revenue +32.3% year-over-year).
- 2021: Revenue of $832K, expenses of $542K, and assets of $677K (revenue +123.3% year-over-year).
- 2020: Revenue of $373K, expenses of $313K, and assets of $387K (revenue +1.9% year-over-year).
- 2019: Revenue of $366K, expenses of $314K, and assets of $327K (revenue +3.5% year-over-year).
- 2018: Revenue of $353K, expenses of $221K, and assets of $275K (revenue +51.0% year-over-year).
- 2017: Revenue of $234K, expenses of $151K, and assets of $0 (revenue +36.1% year-over-year).
- 2016: Revenue of $172K, expenses of $130K, and assets of $62K (revenue +54.3% year-over-year).
- 2015: Revenue of $111K, expenses of $111K, and assets of $20K (revenue +58.1% year-over-year).
- 2014: Revenue of $70K, expenses of $78K, and assets of $20K (revenue -34.6% year-over-year).
- 2013: Revenue of $108K, expenses of $96K, and assets of $27K (revenue +36.2% year-over-year).
- 2012: Revenue of $79K, expenses of $66K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Humble Sons Bike Company:
Data Sources and Methodology
This transparency report for Humble Sons Bike Company 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.