Neighborhood Bike Works
EIN: 233012779 · Philadelphia, PA · NTEE: O200
| Metric | Value |
|---|---|
| Total Revenue | $563K |
| Total Expenses | $479K |
| Net Assets | $492K |
Is Neighborhood Bike Works Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Neighborhood Bike Works
Neighborhood Bike Works (EIN: 233012779) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code O200. The organization reported total revenue of $563K and total assets of $541K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neighborhood Bike Works's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Neighborhood Bike Works is a small nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $620K |
| Total Expenses | $479K |
| Surplus / Deficit | +$141K |
| Total Assets | $623K |
| Total Liabilities | $130K |
| Net Assets | $492K |
| Operating Margin | 22.7% |
| Debt-to-Asset Ratio | 20.9% |
| Months of Reserves | 15.6 months |
Financial Health Grade: A
In 2023, Neighborhood Bike Works reported a surplus of $141K with revenue exceeding expenses, holds 15.6 months of operating reserves (strong position), has a debt-to-asset ratio of 20.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Neighborhood Bike Works's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +13.4% | +74.0% |
| 2022 | +133.9% | +11.7% | +21.3% |
| 2020 | -35.4% | -36.3% | +30.6% |
| 2019 | -48.9% | -10.4% | -51.1% |
| 2018 | +32.9% | +0.4% | +11.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Neighborhood Bike Works 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 Neighborhood Bike Works 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 surplus of $141K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.9%.
Frequently Asked Questions about Neighborhood Bike Works
Is Neighborhood Bike Works a legitimate charity?
Neighborhood Bike Works (EIN: 233012779) is a registered tax-exempt nonprofit based in Pennsylvania. It has 12 years of IRS 990 filings on record. Total revenue: $563K. No red flags identified. Financial health grade: A.
How does Neighborhood Bike Works spend its money?
Neighborhood Bike Works reported $563K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Neighborhood Bike Works tax-deductible?
Neighborhood Bike Works is registered as a tax-exempt nonprofit (EIN: 233012779). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Neighborhood Bike Works located?
Neighborhood Bike Works is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 233012779. It is classified under NTEE code O200.
How many years of IRS 990 filings does Neighborhood Bike Works have?
Neighborhood Bike Works has 12 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 $563K in total revenue.
Filing History
IRS 990 filing history for Neighborhood Bike Works showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Neighborhood Bike Works's revenue has grown by 70.6%, moving from $363K to $620K. Total assets increased by 324.6% over the same period, from $147K to $623K. Total functional expenses rose by 21.6%, from $394K to $479K. In its most recent filing year (2023), Neighborhood Bike Works reported a surplus of $141K, with revenue exceeding expenses. The organization holds $130K in liabilities against $623K in assets (debt-to-asset ratio: 20.9%), resulting in net assets of $492K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $620K | $479K | $623K | $130K | — | View 990 |
| 2022 | $556K | $423K | $358K | $6K | — | View 990 |
| 2020 | $238K | $378K | $295K | $230K | — | View 990 |
| 2019 | $368K | $594K | $226K | $20K | — | View 990 |
| 2018 | $720K | $662K | $462K | $31K | — | View 990 |
| 2017 | $542K | $660K | $415K | $41K | — | View 990 |
| 2016 | $874K | $633K | $527K | $35K | — | View 990 |
| 2015 | $620K | $534K | $321K | $31K | — | View 990 |
| 2014 | $539K | $435K | $236K | $32K | — | View 990 |
| 2013 | $349K | $415K | $136K | $36K | — | View 990 |
| 2012 | $477K | $418K | $200K | $34K | — | View 990 |
| 2011 | $363K | $394K | $147K | $40K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $620K, expenses of $479K, and assets of $623K (revenue +11.5% year-over-year).
- 2022: Revenue of $556K, expenses of $423K, and assets of $358K (revenue +133.9% year-over-year).
- 2020: Revenue of $238K, expenses of $378K, and assets of $295K (revenue -35.4% year-over-year).
- 2019: Revenue of $368K, expenses of $594K, and assets of $226K (revenue -48.9% year-over-year).
- 2018: Revenue of $720K, expenses of $662K, and assets of $462K (revenue +32.9% year-over-year).
- 2017: Revenue of $542K, expenses of $660K, and assets of $415K (revenue -38.0% year-over-year).
- 2016: Revenue of $874K, expenses of $633K, and assets of $527K (revenue +41.0% year-over-year).
- 2015: Revenue of $620K, expenses of $534K, and assets of $321K (revenue +15.0% year-over-year).
- 2014: Revenue of $539K, expenses of $435K, and assets of $236K (revenue +54.2% year-over-year).
- 2013: Revenue of $349K, expenses of $415K, and assets of $136K (revenue -26.8% year-over-year).
- 2012: Revenue of $477K, expenses of $418K, and assets of $200K (revenue +31.3% year-over-year).
- 2011: Revenue of $363K, expenses of $394K, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Neighborhood Bike Works:
Data Sources and Methodology
This transparency report for Neighborhood Bike Works 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.