Laramie Bicycling Network
EIN: 50541610 · Laramie, WY · NTEE: M42
| Metric | Value |
|---|---|
| Total Revenue | $53K |
| Total Expenses | $15K |
| Net Assets | $18K |
Is Laramie Bicycling Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Laramie Bicycling Network
Laramie Bicycling Network (EIN: 50541610) is a nonprofit organization based in Laramie, WY, classified under NTEE code M42. The organization reported total revenue of $53K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laramie Bicycling Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laramie Bicycling Network is a micro nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -9.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $15K |
| Surplus / Deficit | +$6K |
| Total Assets | $18K |
| Net Assets | $18K |
| Operating Margin | 29.0% |
| Months of Reserves | 13.6 months |
Financial Health Grade: A
In 2020, Laramie Bicycling Network reported a surplus of $6K with revenue exceeding expenses, holds 13.6 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Laramie Bicycling Network's revenue has declined at a compound annual growth rate (CAGR) of -9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +44.7% | -5.2% | +56.3% |
| 2019 | -8.2% | +22.2% | -36.6% |
| 2018 | +27.9% | -39.9% | +20.8% |
| 2017 | -60.8% | -2.6% | -39.1% |
| 2016 | +57.0% | +5.0% | +70.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Laramie Bicycling Network 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 Laramie Bicycling Network 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
Frequently Asked Questions about Laramie Bicycling Network
Is Laramie Bicycling Network a legitimate charity?
Laramie Bicycling Network (EIN: 50541610) is a registered tax-exempt nonprofit based in Wyoming. It has 10 years of IRS 990 filings on record. Total revenue: $53K. No red flags identified. Financial health grade: A.
How does Laramie Bicycling Network spend its money?
Laramie Bicycling Network reported $53K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Laramie Bicycling Network tax-deductible?
Laramie Bicycling Network is registered as a tax-exempt nonprofit (EIN: 50541610). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Laramie Bicycling Network located?
Laramie Bicycling Network is headquartered in Laramie, Wyoming and files with the IRS under EIN 50541610. It is classified under NTEE code M42.
How many years of IRS 990 filings does Laramie Bicycling Network have?
Laramie Bicycling Network has 10 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 $53K in total revenue.
Filing History
IRS 990 filing history for Laramie Bicycling Network showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Laramie Bicycling Network's revenue has declined by 59.5%, moving from $54K to $22K. Total assets decreased by 0.6% over the same period, from $18K to $18K. Total functional expenses fell by 69%, from $50K to $15K. In its most recent filing year (2020), Laramie Bicycling Network reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $22K | $15K | $18K | $0 | — | View 990 |
| 2019 | $15K | $16K | $11K | $0 | — | View 990 |
| 2018 | $16K | $13K | $18K | $0 | — | View 990 |
| 2017 | $13K | $22K | $15K | $0 | — | View 990 |
| 2016 | $33K | $23K | $24K | $0 | — | View 990 |
| 2015 | $21K | $22K | $14K | $0 | — | View 990 |
| 2014 | $19K | $18K | $15K | $0 | — | View 990 |
| 2013 | $60K | $67K | $14K | $0 | — | View 990 |
| 2012 | $60K | $58K | $20K | $0 | — | View 990 |
| 2011 | $54K | $50K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $22K, expenses of $15K, and assets of $18K (revenue +44.7% year-over-year).
- 2019: Revenue of $15K, expenses of $16K, and assets of $11K (revenue -8.2% year-over-year).
- 2018: Revenue of $16K, expenses of $13K, and assets of $18K (revenue +27.9% year-over-year).
- 2017: Revenue of $13K, expenses of $22K, and assets of $15K (revenue -60.8% year-over-year).
- 2016: Revenue of $33K, expenses of $23K, and assets of $24K (revenue +57.0% year-over-year).
- 2015: Revenue of $21K, expenses of $22K, and assets of $14K (revenue +10.4% year-over-year).
- 2014: Revenue of $19K, expenses of $18K, and assets of $15K (revenue -68.9% year-over-year).
- 2013: Revenue of $60K, expenses of $67K, and assets of $14K (revenue +0.0% year-over-year).
- 2012: Revenue of $60K, expenses of $58K, and assets of $20K (revenue +12.4% year-over-year).
- 2011: Revenue of $54K, expenses of $50K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laramie Bicycling Network:
Data Sources and Methodology
This transparency report for Laramie Bicycling Network 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.