Milwaukee Community Bicycle Project Inc
EIN: 454696071 · Milwaukee, WI · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $140K |
| Total Expenses | $75K |
| Net Assets | $161K |
Is Milwaukee Community Bicycle Project Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Milwaukee Community Bicycle Project Inc
Milwaukee Community Bicycle Project Inc (EIN: 454696071) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code P20. The organization reported total revenue of $140K and total assets of $300K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milwaukee Community Bicycle Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milwaukee Community Bicycle Project Inc is a small nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $108K |
| Total Expenses | $75K |
| Surplus / Deficit | +$33K |
| Total Assets | $336K |
| Total Liabilities | $175K |
| Net Assets | $161K |
| Operating Margin | 30.9% |
| Debt-to-Asset Ratio | 52.1% |
| Months of Reserves | 54.1 months |
Financial Health Grade: A
In 2024, Milwaukee Community Bicycle Project Inc reported a surplus of $33K with revenue exceeding expenses, holds 54.1 months of operating reserves (strong position), has a debt-to-asset ratio of 52.1% (high leverage).
Financial Trends
Over 10 years of filings (2015–2024), Milwaukee Community Bicycle Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.0% | -28.3% | +6.1% |
| 2023 | +12.2% | +16.5% | -3.6% |
| 2022 | -39.6% | +3.9% | -1.7% |
| 2021 | +74.4% | +30.9% | +397.4% |
| 2020 | +4.4% | -4.6% | +41.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Milwaukee Community Bicycle Project 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 Milwaukee Community Bicycle Project 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $33K, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.1%.
Frequently Asked Questions about Milwaukee Community Bicycle Project Inc
Is Milwaukee Community Bicycle Project Inc a legitimate charity?
Milwaukee Community Bicycle Project Inc (EIN: 454696071) is a registered tax-exempt nonprofit based in Wisconsin. It has 10 years of IRS 990 filings on record. Total revenue: $140K. No red flags identified. Financial health grade: A.
How does Milwaukee Community Bicycle Project Inc spend its money?
Milwaukee Community Bicycle Project Inc reported $140K 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 Milwaukee Community Bicycle Project Inc tax-deductible?
Milwaukee Community Bicycle Project Inc is registered as a tax-exempt nonprofit (EIN: 454696071). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Milwaukee Community Bicycle Project Inc located?
Milwaukee Community Bicycle Project Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 454696071. It is classified under NTEE code P20.
How many years of IRS 990 filings does Milwaukee Community Bicycle Project Inc have?
Milwaukee Community Bicycle Project Inc 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 $140K in total revenue.
Filing History
IRS 990 filing history for Milwaukee Community Bicycle Project Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2024), Milwaukee Community Bicycle Project Inc's revenue has grown by 104.3%, moving from $53K to $108K. Total assets increased by 673.3% over the same period, from $43K to $336K. Total functional expenses rose by 129.2%, from $33K to $75K. In its most recent filing year (2024), Milwaukee Community Bicycle Project Inc reported a surplus of $33K, with revenue exceeding expenses. The organization holds $175K in liabilities against $336K in assets (debt-to-asset ratio: 52.1%), resulting in net assets of $161K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $108K | $75K | $336K | $175K | — | View 990 |
| 2023 | $101K | $104K | $317K | $189K | — | View 990 |
| 2022 | $90K | $89K | $329K | $198K | — | View 990 |
| 2021 | $149K | $86K | $334K | $202K | — | View 990 |
| 2020 | $85K | $66K | $67K | $0 | — | View 990 |
| 2019 | $82K | $69K | $47K | $0 | — | View 990 |
| 2018 | $77K | $66K | $34K | $0 | — | View 990 |
| 2017 | $72K | $58K | $24K | $0 | — | View 990 |
| 2016 | $52K | $62K | $34K | $0 | — | View 990 |
| 2015 | $53K | $33K | $43K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $108K, expenses of $75K, and assets of $336K (revenue +7.0% year-over-year).
- 2023: Revenue of $101K, expenses of $104K, and assets of $317K (revenue +12.2% year-over-year).
- 2022: Revenue of $90K, expenses of $89K, and assets of $329K (revenue -39.6% year-over-year).
- 2021: Revenue of $149K, expenses of $86K, and assets of $334K (revenue +74.4% year-over-year).
- 2020: Revenue of $85K, expenses of $66K, and assets of $67K (revenue +4.4% year-over-year).
- 2019: Revenue of $82K, expenses of $69K, and assets of $47K (revenue +6.5% year-over-year).
- 2018: Revenue of $77K, expenses of $66K, and assets of $34K (revenue +7.1% year-over-year).
- 2017: Revenue of $72K, expenses of $58K, and assets of $24K (revenue +37.3% year-over-year).
- 2016: Revenue of $52K, expenses of $62K, and assets of $34K (revenue -1.2% year-over-year).
- 2015: Revenue of $53K, expenses of $33K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milwaukee Community Bicycle Project Inc:
Data Sources and Methodology
This transparency report for Milwaukee Community Bicycle Project 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.