Kids On Bikes Inc
Kids On Bikes Inc. shows consistent revenue growth and healthy financial surpluses with no officer compensation.
EIN: 202820211 · Colorado Spgs, CO · NTEE: M40 · Updated: 2026-03-28
Is Kids On Bikes Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kids On Bikes Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kids On Bikes Inc
Kids On Bikes Inc (EIN: 202820211) is a nonprofit organization based in Colorado Spgs, CO, classified under NTEE code M40. The organization reported total revenue of $990K and total assets of $434K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kids On Bikes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kids On Bikes Inc is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 24.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $916K |
| Total Expenses | $676K |
| Surplus / Deficit | +$239K |
| Total Assets | $425K |
| Total Liabilities | $6K |
| Net Assets | $419K |
| Operating Margin | 26.1% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2023, Kids On Bikes Inc reported a surplus of $239K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2023), Kids On Bikes Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.9% | -1.9% | +258.0% |
| 2021 | +182.0% | +238.9% | +3.6% |
| 2019 | +2.4% | -31.2% | -27.9% |
| 2019 | -12.7% | +6.1% | -8.9% |
| 2018 | -2.9% | +9.2% | +19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2007 |
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 Kids On Bikes Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Kids On Bikes Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $239K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization with nearly $1 million in annual revenue and suggests a strong volunteer-driven leadership or alternative compensation structures not reported as officer pay.
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.
Red Flags
The following concerns were identified during AI analysis of Kids On Bikes Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data makes precise efficiency analysis difficult.
- Consistent 0% officer compensation for an organization of this size could indicate reliance on external funding for executive salaries or a highly volunteer-driven model, which while positive, is unusual and warrants further inquiry into operational structure.
Strengths
The following positive indicators were identified for Kids On Bikes Inc:
- Strong and consistent revenue growth over the past decade, from $110,991 in 2013 to $915,956 in 2023.
- Consistent financial surpluses, such as the $239,457 surplus in 2023, indicating effective financial management.
- Healthy asset growth from $83,762 in 2013 to $425,447 in 2023, coupled with low liabilities ($6,362 in 2023).
- Reported 0% officer compensation across all filings, suggesting a strong commitment to directing funds towards programs.
- Consistent filing of IRS Form 990s over 11 periods, demonstrating transparency and accountability.
Frequently Asked Questions about Kids On Bikes Inc
Is Kids On Bikes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kids On Bikes Inc (EIN: 202820211) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Kids On Bikes Inc spend its money?
Kids On Bikes Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kids On Bikes Inc tax-deductible?
Kids On Bikes Inc is registered as a tax-exempt nonprofit (EIN: 202820211). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Kids On Bikes Inc. financially stable?
Yes, Kids On Bikes Inc. appears financially stable. Its revenue has grown significantly from $110,991 in 2013 to $915,956 in 2023, and it consistently operates with a surplus, such as the $239,457 surplus in 2023 ($915,956 revenue - $676,499 expenses).
How has the organization's asset base changed over time?
The organization's assets have grown substantially, from $83,762 in 2013 to $425,447 in 2023, indicating healthy financial growth and accumulation of resources.
Does Kids On Bikes Inc. pay its officers?
According to the provided IRS 990 data, officer compensation has been reported as 0% across all 11 filings, suggesting that no officers received compensation from the organization.
What is the trend in the organization's revenue?
Kids On Bikes Inc. has experienced a strong upward trend in revenue, increasing from $110,991 in 2013 to $915,956 in 2023, demonstrating significant growth over the decade.
Are the organization's liabilities manageable?
Yes, the organization's liabilities appear very manageable. In 2023, liabilities were only $6,362, which is a very small fraction of its $425,447 in assets, indicating a strong financial position.
Filing History
IRS 990 filing history for Kids On Bikes Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Kids On Bikes Inc's revenue has grown by 987.1%, moving from $84K to $916K. Total assets increased by 479.5% over the same period, from $73K to $425K. Total functional expenses rose by 555.9%, from $103K to $676K. In its most recent filing year (2023), Kids On Bikes Inc reported a surplus of $239K, with revenue exceeding expenses. The organization holds $6K in liabilities against $425K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $419K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $916K | $676K | $425K | $6K | — | — |
| 2021 | $711K | $689K | $119K | $15K | — | View 990 |
| 2019 | $252K | $203K | $115K | $3K | — | View 990 |
| 2019 | $246K | $296K | $159K | $96K | — | View 990 |
| 2018 | $282K | $279K | $174K | $62K | — | View 990 |
| 2017 | $290K | $255K | $146K | $37K | — | View 990 |
| 2016 | $169K | $188K | $108K | $34K | — | View 990 |
| 2015 | $133K | $124K | $98K | $5K | — | View 990 |
| 2014 | $124K | $124K | $99K | $15K | — | View 990 |
| 2013 | $111K | $101K | $84K | $177 | — | View 990 |
| 2012 | $84K | $103K | $73K | $157 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $916K, expenses of $676K, and assets of $425K (revenue +28.9% year-over-year).
- 2021: Revenue of $711K, expenses of $689K, and assets of $119K (revenue +182.0% year-over-year).
- 2019: Revenue of $252K, expenses of $203K, and assets of $115K (revenue +2.4% year-over-year).
- 2019: Revenue of $246K, expenses of $296K, and assets of $159K (revenue -12.7% year-over-year).
- 2018: Revenue of $282K, expenses of $279K, and assets of $174K (revenue -2.9% year-over-year).
- 2017: Revenue of $290K, expenses of $255K, and assets of $146K (revenue +72.1% year-over-year).
- 2016: Revenue of $169K, expenses of $188K, and assets of $108K (revenue +27.1% year-over-year).
- 2015: Revenue of $133K, expenses of $124K, and assets of $98K (revenue +6.9% year-over-year).
- 2014: Revenue of $124K, expenses of $124K, and assets of $99K (revenue +11.9% year-over-year).
- 2013: Revenue of $111K, expenses of $101K, and assets of $84K (revenue +31.7% year-over-year).
- 2012: Revenue of $84K, expenses of $103K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kids On Bikes Inc:
Data Sources and Methodology
This transparency report for Kids On 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.