Reno Bike Project Inc
Reno Bike Project Inc shows strong asset growth and zero reported officer compensation over a decade of operations.
EIN: 141988800 · Reno, NV · NTEE: N30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $779K |
| Total Expenses | $639K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.9 |
| Net Assets | $1.9M |
| Transparency Score | 92/100 |
Is Reno Bike Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Reno Bike Project Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Reno Bike Project Inc
Reno Bike Project Inc (EIN: 141988800) is a nonprofit organization based in Reno, NV, classified under NTEE code N30. The organization reported total revenue of $779K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reno Bike Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reno Bike Project Inc is a small nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 13.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $743K |
| Total Expenses | $639K |
| Surplus / Deficit | +$104K |
| Total Assets | $1.9M |
| Total Liabilities | $5K |
| Net Assets | $1.9M |
| Operating Margin | 14.0% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 35.4 months |
Financial Health Grade: A
In 2023, Reno Bike Project Inc reported a surplus of $104K with revenue exceeding expenses, holds 35.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Reno Bike Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -50.7% | +7.6% | +5.8% |
| 2022 | +116.9% | +2.1% | +105.2% |
| 2021 | +42.6% | +12.7% | +6.4% |
| 2020 | -53.3% | +1.9% | +4.7% |
| 2019 | +170.8% | +15.9% | +218.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Reno Bike Project Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Reno Bike Project Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $104K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating either a fully volunteer-led executive team or that compensation falls below reporting thresholds, which is highly favorable for a nonprofit of its size with assets nearing $1.9 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Reno Bike Project Inc's IRS 990 filings:
- Significant revenue fluctuation between 2021 ($694,792), 2022 ($1,507,228), and 2023 ($743,050) could indicate reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Reno Bike Project Inc:
- Consistent asset growth, from $222,899 in 2014 to $1,887,213 in 2023, demonstrating financial health.
- Zero reported officer compensation across all 14 filings, indicating strong commitment to mission and low administrative overhead.
- Very low liabilities, often at or near $0, suggesting excellent financial management and low risk.
- Positive net income in most years, contributing to asset accumulation (e.g., 2023 revenue $743,050 vs expenses $638,936).
- Long history of consistent filing (14 filings), indicating transparency and compliance.
Frequently Asked Questions about Reno Bike Project Inc
Is Reno Bike Project Inc a legitimate charity?
Reno Bike Project Inc (EIN: 141988800) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $779K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Reno Bike Project Inc spend its money?
Reno Bike Project Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Reno Bike Project Inc tax-deductible?
Reno Bike Project Inc is registered as a tax-exempt nonprofit (EIN: 141988800). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Reno Bike Project Inc CEO make?
Reno Bike Project Inc's highest-compensated officer earns $1.9 annually. The organization reported $779K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Reno Bike Project Inc's spending goes to programs?
Reno Bike Project Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Reno Bike Project Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Reno Bike Project Inc is above average for NTEE category N30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Reno Bike Project Inc located?
Reno Bike Project Inc is headquartered in Reno, Nevada and files with the IRS under EIN 141988800. It is classified under NTEE code N30.
How many years of IRS 990 filings does Reno Bike Project Inc have?
Reno Bike Project Inc has 14 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 $779K in total revenue.
Is Reno Bike Project Inc financially stable?
Yes, the organization appears financially stable, demonstrated by consistent asset growth from $222,899 in 2014 to $1,887,213 in 2023, and generally low liabilities.
How efficient is Reno Bike Project Inc's spending?
The organization appears highly efficient, with a significant portion of its expenses likely directed towards programs, and zero reported officer compensation, suggesting minimal overhead.
What caused the large revenue fluctuation in 2022?
The revenue surged to $1,507,228 in 2022 from $694,792 in 2021, and then decreased to $743,050 in 2023. This significant fluctuation could be due to a large one-time grant, a major fundraising event, or a specific project that concluded.
Does Reno Bike Project Inc have any debt concerns?
No, the organization consistently reports very low liabilities, often at or near $0, indicating strong financial health and minimal debt.
Filing History
IRS 990 filing history for Reno Bike Project Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Reno Bike Project Inc's revenue has grown by 445.5%, moving from $136K to $743K. Total assets increased by 2206.2% over the same period, from $82K to $1.9M. Total functional expenses rose by 472.5%, from $112K to $639K. In its most recent filing year (2023), Reno Bike Project Inc reported a surplus of $104K, with revenue exceeding expenses. The organization holds $5K in liabilities against $1.9M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $743K | $639K | $1.9M | $5K | — | — |
| 2022 | $1.5M | $594K | $1.8M | $5K | — | View 990 |
| 2021 | $695K | $581K | $869K | $5K | — | View 990 |
| 2020 | $487K | $516K | $817K | $66K | — | View 990 |
| 2019 | $1.0M | $506K | $780K | $0 | — | View 990 |
| 2018 | $385K | $436K | $245K | $0 | — | View 990 |
| 2017 | $366K | $359K | $298K | $0 | — | View 990 |
| 2016 | $335K | $315K | $294K | $949 | — | View 990 |
| 2015 | $309K | $257K | $274K | $0 | — | View 990 |
| 2014 | $275K | $207K | $223K | $0 | — | View 990 |
| 2013 | $260K | $237K | $156K | $0 | — | View 990 |
| 2012 | $237K | $218K | $134K | $0 | — | View 990 |
| 2011 | $194K | $159K | $116K | $0 | — | View 990 |
| 2010 | $136K | $112K | $82K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $743K, expenses of $639K, and assets of $1.9M (revenue -50.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $594K, and assets of $1.8M (revenue +116.9% year-over-year).
- 2021: Revenue of $695K, expenses of $581K, and assets of $869K (revenue +42.6% year-over-year).
- 2020: Revenue of $487K, expenses of $516K, and assets of $817K (revenue -53.3% year-over-year).
- 2019: Revenue of $1.0M, expenses of $506K, and assets of $780K (revenue +170.8% year-over-year).
- 2018: Revenue of $385K, expenses of $436K, and assets of $245K (revenue +5.4% year-over-year).
- 2017: Revenue of $366K, expenses of $359K, and assets of $298K (revenue +8.9% year-over-year).
- 2016: Revenue of $335K, expenses of $315K, and assets of $294K (revenue +8.6% year-over-year).
- 2015: Revenue of $309K, expenses of $257K, and assets of $274K (revenue +12.2% year-over-year).
- 2014: Revenue of $275K, expenses of $207K, and assets of $223K (revenue +6.0% year-over-year).
- 2013: Revenue of $260K, expenses of $237K, and assets of $156K (revenue +9.7% year-over-year).
- 2012: Revenue of $237K, expenses of $218K, and assets of $134K (revenue +22.1% year-over-year).
- 2011: Revenue of $194K, expenses of $159K, and assets of $116K (revenue +42.4% year-over-year).
- 2010: Revenue of $136K, expenses of $112K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reno Bike Project Inc:
Data Sources and Methodology
This transparency report for Reno Bike 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.