League Of Michigan Bicyclists
EIN: 382418387 · Lansing, MI
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Net Assets | $385K |
Is League Of Michigan Bicyclists Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About League Of Michigan Bicyclists
League Of Michigan Bicyclists (EIN: 382418387) is a nonprofit organization based in Lansing, MI. The organization reported total revenue of $1.0M and total assets of $563K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of League Of Michigan Bicyclists's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
League Of Michigan Bicyclists is a mid-size nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-33,819 |
| Total Assets | $563K |
| Total Liabilities | $178K |
| Net Assets | $385K |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 31.6% |
| Months of Reserves | 6.4 months |
Financial Health Grade: B
In 2023, League Of Michigan Bicyclists reported a deficit of $34K with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 31.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), League Of Michigan Bicyclists's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.3% | +7.9% | -21.8% |
| 2022 | +127.9% | +146.3% | +1.7% |
| 2021 | +28.2% | -7.6% | +7.5% |
| 2020 | -52.0% | -43.3% | +95.5% |
| 2019 | +29.3% | +28.2% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for League Of Michigan Bicyclists 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 League Of Michigan Bicyclists 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 $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.6%.
Frequently Asked Questions about League Of Michigan Bicyclists
Is League Of Michigan Bicyclists a legitimate charity?
League Of Michigan Bicyclists (EIN: 382418387) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: B.
How does League Of Michigan Bicyclists spend its money?
League Of Michigan Bicyclists reported $1.0M 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 League Of Michigan Bicyclists tax-deductible?
League Of Michigan Bicyclists is registered as a tax-exempt nonprofit (EIN: 382418387). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is League Of Michigan Bicyclists located?
League Of Michigan Bicyclists is headquartered in Lansing, Michigan and files with the IRS under EIN 382418387.
How many years of IRS 990 filings does League Of Michigan Bicyclists have?
League Of Michigan Bicyclists 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for League Of Michigan Bicyclists showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), League Of Michigan Bicyclists's revenue has grown by 152.6%, moving from $405K to $1.0M. Total assets increased by 165% over the same period, from $212K to $563K. Total functional expenses rose by 174.1%, from $386K to $1.1M. In its most recent filing year (2023), League Of Michigan Bicyclists reported a deficit of $34K, with expenses exceeding revenue. The organization holds $178K in liabilities against $563K in assets (debt-to-asset ratio: 31.6%), resulting in net assets of $385K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.1M | $563K | $178K | — | — |
| 2022 | $1.1M | $980K | $720K | $364K | — | View 990 |
| 2021 | $479K | $398K | $708K | $367K | — | View 990 |
| 2020 | $374K | $431K | $659K | $440K | — | View 990 |
| 2019 | $779K | $759K | $337K | $72K | — | View 990 |
| 2018 | $603K | $592K | $350K | $104K | — | View 990 |
| 2017 | $562K | $553K | $290K | $54K | — | View 990 |
| 2016 | $527K | $478K | $292K | $85K | — | View 990 |
| 2015 | $428K | $411K | $225K | $78K | — | View 990 |
| 2014 | $364K | $357K | $216K | $39K | — | View 990 |
| 2013 | $374K | $393K | $191K | $19K | — | View 990 |
| 2012 | $374K | $385K | $202K | $16K | — | View 990 |
| 2011 | $405K | $386K | $212K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.1M, and assets of $563K (revenue -6.3% year-over-year).
- 2022: Revenue of $1.1M, expenses of $980K, and assets of $720K (revenue +127.9% year-over-year).
- 2021: Revenue of $479K, expenses of $398K, and assets of $708K (revenue +28.2% year-over-year).
- 2020: Revenue of $374K, expenses of $431K, and assets of $659K (revenue -52.0% year-over-year).
- 2019: Revenue of $779K, expenses of $759K, and assets of $337K (revenue +29.3% year-over-year).
- 2018: Revenue of $603K, expenses of $592K, and assets of $350K (revenue +7.2% year-over-year).
- 2017: Revenue of $562K, expenses of $553K, and assets of $290K (revenue +6.7% year-over-year).
- 2016: Revenue of $527K, expenses of $478K, and assets of $292K (revenue +23.0% year-over-year).
- 2015: Revenue of $428K, expenses of $411K, and assets of $225K (revenue +17.7% year-over-year).
- 2014: Revenue of $364K, expenses of $357K, and assets of $216K (revenue -2.7% year-over-year).
- 2013: Revenue of $374K, expenses of $393K, and assets of $191K (revenue -0.1% year-over-year).
- 2012: Revenue of $374K, expenses of $385K, and assets of $202K (revenue -7.7% year-over-year).
- 2011: Revenue of $405K, expenses of $386K, and assets of $212K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for League Of Michigan Bicyclists:
Data Sources and Methodology
This transparency report for League Of Michigan Bicyclists 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.