Jack The Bike Man Inc
EIN: 260579626 · West Palm Bch, FL · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $725K |
| Total Expenses | $844K |
| Net Assets | $2.0M |
Is Jack The Bike Man Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jack The Bike Man Inc
Jack The Bike Man Inc (EIN: 260579626) is a nonprofit organization based in West Palm Bch, FL, classified under NTEE code O50. The organization reported total revenue of $725K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jack The Bike Man Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jack The Bike Man Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $635K |
| Total Expenses | $844K |
| Surplus / Deficit | $-209,890 |
| Total Assets | $2.7M |
| Total Liabilities | $720K |
| Net Assets | $2.0M |
| Operating Margin | -33.1% |
| Debt-to-Asset Ratio | 26.4% |
| Months of Reserves | 38.7 months |
Financial Health Grade: B
In 2023, Jack The Bike Man Inc reported a deficit of $210K with expenses exceeding revenue, holds 38.7 months of operating reserves (strong position), has a debt-to-asset ratio of 26.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Jack The Bike Man Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.0% | -3.3% | -5.1% |
| 2022 | +9.9% | -10.1% | +1.8% |
| 2021 | -58.2% | +62.8% | +14.2% |
| 2020 | +226.2% | -7.0% | +595.0% |
| 2019 | -12.9% | -12.2% | +26.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jack The Bike Man Inc 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 Jack The Bike Man Inc 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 $210K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.4%.
Frequently Asked Questions about Jack The Bike Man Inc
Is Jack The Bike Man Inc a legitimate charity?
Jack The Bike Man Inc (EIN: 260579626) is a registered tax-exempt nonprofit based in Florida. It has 13 years of IRS 990 filings on record. Total revenue: $725K. No red flags identified. Financial health grade: B.
How does Jack The Bike Man Inc spend its money?
Jack The Bike Man Inc reported $725K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Jack The Bike Man Inc tax-deductible?
Jack The Bike Man Inc is registered as a tax-exempt nonprofit (EIN: 260579626). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jack The Bike Man Inc located?
Jack The Bike Man Inc is headquartered in West Palm Bch, Florida and files with the IRS under EIN 260579626. It is classified under NTEE code O50.
How many years of IRS 990 filings does Jack The Bike Man Inc have?
Jack The Bike Man 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 $725K in total revenue.
Filing History
IRS 990 filing history for Jack The Bike Man Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jack The Bike Man Inc's revenue has grown by 314.2%, moving from $153K to $635K. Total assets increased by 22279.6% over the same period, from $12K to $2.7M. Total functional expenses rose by 414.5%, from $164K to $844K. In its most recent filing year (2023), Jack The Bike Man Inc reported a deficit of $210K, with expenses exceeding revenue. The organization holds $720K in liabilities against $2.7M in assets (debt-to-asset ratio: 26.4%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $635K | $844K | $2.7M | $720K | — | View 990 |
| 2022 | $1.1M | $873K | $2.9M | $657K | — | View 990 |
| 2021 | $962K | $971K | $2.8M | $791K | — | View 990 |
| 2020 | $2.3M | $597K | $2.5M | $431K | — | View 990 |
| 2019 | $706K | $641K | $355K | $24K | — | View 990 |
| 2018 | $811K | $731K | $282K | $16K | — | View 990 |
| 2017 | $677K | $676K | $200K | $16K | — | View 990 |
| 2016 | $724K | $725K | $99K | $15K | — | View 990 |
| 2015 | $582K | $537K | $97K | $13K | — | View 990 |
| 2014 | $506K | $466K | $54K | $14K | — | View 990 |
| 2013 | $378K | $386K | $27K | $23K | — | View 990 |
| 2012 | $276K | $272K | $27K | $15K | — | View 990 |
| 2011 | $153K | $164K | $12K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $635K, expenses of $844K, and assets of $2.7M (revenue -40.0% year-over-year).
- 2022: Revenue of $1.1M, expenses of $873K, and assets of $2.9M (revenue +9.9% year-over-year).
- 2021: Revenue of $962K, expenses of $971K, and assets of $2.8M (revenue -58.2% year-over-year).
- 2020: Revenue of $2.3M, expenses of $597K, and assets of $2.5M (revenue +226.2% year-over-year).
- 2019: Revenue of $706K, expenses of $641K, and assets of $355K (revenue -12.9% year-over-year).
- 2018: Revenue of $811K, expenses of $731K, and assets of $282K (revenue +19.8% year-over-year).
- 2017: Revenue of $677K, expenses of $676K, and assets of $200K (revenue -6.6% year-over-year).
- 2016: Revenue of $724K, expenses of $725K, and assets of $99K (revenue +24.5% year-over-year).
- 2015: Revenue of $582K, expenses of $537K, and assets of $97K (revenue +15.0% year-over-year).
- 2014: Revenue of $506K, expenses of $466K, and assets of $54K (revenue +33.8% year-over-year).
- 2013: Revenue of $378K, expenses of $386K, and assets of $27K (revenue +36.9% year-over-year).
- 2012: Revenue of $276K, expenses of $272K, and assets of $27K (revenue +80.4% year-over-year).
- 2011: Revenue of $153K, expenses of $164K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jack The Bike Man Inc:
Data Sources and Methodology
This transparency report for Jack The Bike Man 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.