Park Hill Bike Depot
EIN: 263672109 · Denver, CO · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $709K |
| Total Expenses | $408K |
| Net Assets | $143K |
Is Park Hill Bike Depot Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Park Hill Bike Depot
Park Hill Bike Depot (EIN: 263672109) is a nonprofit organization based in Denver, CO, classified under NTEE code N60. The organization reported total revenue of $709K and total assets of $236K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Park Hill Bike Depot's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Park Hill Bike Depot is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $454K |
| Total Expenses | $408K |
| Surplus / Deficit | +$46K |
| Total Assets | $153K |
| Total Liabilities | $10K |
| Net Assets | $143K |
| Operating Margin | 10.1% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 4.5 months |
Financial Health Grade: A
In 2023, Park Hill Bike Depot reported a surplus of $46K with revenue exceeding expenses, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 6.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Park Hill Bike Depot's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +71.0% | +4.2% | +11.1% |
| 2022 | -51.5% | +7.6% | -47.5% |
| 2021 | +19.4% | -21.2% | +75.1% |
| 2020 | -25.6% | -22.9% | +50.7% |
| 2019 | +11.1% | +9.4% | +24.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Park Hill Bike Depot 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 Park Hill Bike Depot 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 $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.5%.
Frequently Asked Questions about Park Hill Bike Depot
Is Park Hill Bike Depot a legitimate charity?
Park Hill Bike Depot (EIN: 263672109) is a registered tax-exempt nonprofit based in Colorado. It has 13 years of IRS 990 filings on record. Total revenue: $709K. No red flags identified. Financial health grade: A.
How does Park Hill Bike Depot spend its money?
Park Hill Bike Depot reported $709K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Park Hill Bike Depot tax-deductible?
Park Hill Bike Depot is registered as a tax-exempt nonprofit (EIN: 263672109). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Park Hill Bike Depot located?
Park Hill Bike Depot is headquartered in Denver, Colorado and files with the IRS under EIN 263672109. It is classified under NTEE code N60.
How many years of IRS 990 filings does Park Hill Bike Depot have?
Park Hill Bike Depot 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 $709K in total revenue.
Filing History
IRS 990 filing history for Park Hill Bike Depot showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Park Hill Bike Depot's revenue has grown by 18.3%, moving from $384K to $454K. Total assets increased by 22.6% over the same period, from $125K to $153K. Total functional expenses rose by 36.1%, from $300K to $408K. In its most recent filing year (2023), Park Hill Bike Depot reported a surplus of $46K, with revenue exceeding expenses. The organization holds $10K in liabilities against $153K in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $143K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $454K | $408K | $153K | $10K | — | — |
| 2022 | $266K | $392K | $137K | $8K | — | View 990 |
| 2021 | $547K | $364K | $262K | $6K | — | View 990 |
| 2020 | $458K | $462K | $149K | $77K | — | View 990 |
| 2019 | $616K | $600K | $99K | $23K | — | View 990 |
| 2018 | $554K | $548K | $80K | $20K | — | View 990 |
| 2017 | $695K | $717K | $74K | $21K | — | View 990 |
| 2016 | $781K | $781K | $133K | $58K | — | View 990 |
| 2015 | $520K | $513K | $245K | $171K | — | View 990 |
| 2014 | $530K | $578K | $100K | $32K | — | — |
| 2013 | $386K | $382K | $140K | $25K | — | — |
| 2012 | $358K | $362K | $122K | $11K | — | View 990 |
| 2011 | $384K | $300K | $125K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $454K, expenses of $408K, and assets of $153K (revenue +71.0% year-over-year).
- 2022: Revenue of $266K, expenses of $392K, and assets of $137K (revenue -51.5% year-over-year).
- 2021: Revenue of $547K, expenses of $364K, and assets of $262K (revenue +19.4% year-over-year).
- 2020: Revenue of $458K, expenses of $462K, and assets of $149K (revenue -25.6% year-over-year).
- 2019: Revenue of $616K, expenses of $600K, and assets of $99K (revenue +11.1% year-over-year).
- 2018: Revenue of $554K, expenses of $548K, and assets of $80K (revenue -20.3% year-over-year).
- 2017: Revenue of $695K, expenses of $717K, and assets of $74K (revenue -11.0% year-over-year).
- 2016: Revenue of $781K, expenses of $781K, and assets of $133K (revenue +50.4% year-over-year).
- 2015: Revenue of $520K, expenses of $513K, and assets of $245K (revenue -2.0% year-over-year).
- 2014: Revenue of $530K, expenses of $578K, and assets of $100K (revenue +37.2% year-over-year).
- 2013: Revenue of $386K, expenses of $382K, and assets of $140K (revenue +7.9% year-over-year).
- 2012: Revenue of $358K, expenses of $362K, and assets of $122K (revenue -6.8% year-over-year).
- 2011: Revenue of $384K, expenses of $300K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Park Hill Bike Depot:
Data Sources and Methodology
This transparency report for Park Hill Bike Depot 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.