Southern Off Road Bicycle Association

Southern Off Road Bicycle Association shows consistent revenue growth and strong asset accumulation with no reported officer compensation.

EIN: 205808701 · Skyland, NC · NTEE: N30Z · Updated: 2026-03-28

$467KRevenue

$539KAssets

90/100Mission Score (Excellent)

N30Z

About Southern Off Road Bicycle Association

Southern Off Road Bicycle Association (EIN: 205808701) is a nonprofit organization based in Skyland, NC, classified under NTEE code N30Z. The organization reported total revenue of $467K and total assets of $539K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Off Road Bicycle Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Southern Off Road Bicycle Association (SORBA) demonstrates a generally healthy financial position with consistent revenue growth over the past four years, from $79,327 in 2020 to $257,993 in 2023. The organization maintains a strong asset base, growing from $86,597 in 2020 to $571,155 in 2023, significantly exceeding its liabilities. This indicates good financial management and a solid reserve. The absence of officer compensation reported across all filings suggests a volunteer-driven leadership, which is a positive indicator for donor confidence and efficient use of funds, as more resources can be directed towards programs rather than administrative salaries. The organization's NTEE code N30Z (Recreational, Sports, Leisure, & Athletics, General) aligns well with its mission, and its consistent growth in assets and revenue suggests increasing capacity to fulfill its objectives.

While specific program spending percentages are not detailed in the provided summary, the overall financial health appears robust. The organization consistently spends less than it earns, building its asset base. For instance, in 2023, revenue was $257,993 against expenses of $143,916, indicating a significant surplus. This surplus contributes to the organization's financial stability and capacity for future projects. To further enhance transparency, a detailed breakdown of program, administrative, and fundraising expenses would be beneficial for donors to understand how their contributions are allocated. However, the lack of officer compensation is a strong positive signal regarding efficiency and dedication to mission.

Overall, SORBA appears to be a financially sound and growing organization. Its consistent revenue growth, strong asset accumulation, and the absence of officer compensation are all positive indicators. The organization's financial trajectory suggests a well-managed entity capable of sustaining and expanding its activities in promoting off-road bicycling. Further transparency regarding specific expense categories would provide even greater insight into its operational efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Southern Off Road Bicycle Association with a Mission Score of 90 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, Southern Off Road Bicycle Association 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.

Executive Compensation Analysis

The organization reports 0% officer compensation across all four filings, indicating a volunteer-led executive team, which is highly efficient and directs more funds to its mission.

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.

Strengths

The following positive indicators were identified for Southern Off Road Bicycle Association:

Consistent revenue growth: Revenue increased from $79,327 in 2020 to $257,993 in 2023.
Strong asset accumulation: Assets grew from $86,597 in 2020 to $571,155 in 2023, significantly exceeding liabilities.
No officer compensation: 0% officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
Healthy financial reserves: Assets consistently outweigh liabilities, demonstrating strong financial stability.
Positive net income: The organization consistently generates more revenue than expenses, contributing to its asset growth.

Frequently Asked Questions about Southern Off Road Bicycle Association

Is Southern Off Road Bicycle Association a good charity?

Based on the provided financial data, SORBA appears to be a good charity. It demonstrates strong financial health, consistent growth in revenue and assets, and notably, reports no officer compensation, suggesting a highly efficient, volunteer-driven model.

How has SORBA's financial health changed over time?

SORBA's financial health has significantly improved, with revenue growing from $79,327 in 2020 to $257,993 in 2023, and assets increasing from $86,597 to $571,155 over the same period, indicating robust growth and stability.

Does SORBA spend its money efficiently?

The absence of officer compensation across all filings strongly suggests efficient spending, as all leadership is volunteer-based, allowing more funds to be allocated directly to programs and operations rather than executive salaries.

Filing History

IRS 990 filing history for Southern Off Road Bicycle Association showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2020–2023), Southern Off Road Bicycle Association's revenue has grown by 225.2%, moving from $79K to $258K. Total assets increased by 559.6% over the same period, from $87K to $571K. Total functional expenses rose by 265.9%, from $39K to $144K. In its most recent filing year (2023), Southern Off Road Bicycle Association reported a surplus of $114K, with revenue exceeding expenses. The organization holds $57K in liabilities against $571K in assets (debt-to-asset ratio: 10.0%), resulting in net assets of $514K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$258K	$144K	$571K	$57K	—	—
2022	$228K	$91K	$460K	$64K	—	—
2021	$290K	$161K	$314K	$50K	—	View 990
2020	$79K	$39K	$87K	$50K	—	—

Year-by-Year Financial Summary

2023: Revenue of $258K, expenses of $144K, and assets of $571K (revenue +13.1% year-over-year).
2022: Revenue of $228K, expenses of $91K, and assets of $460K (revenue -21.3% year-over-year).
2021: Revenue of $290K, expenses of $161K, and assets of $314K (revenue +265.6% year-over-year).
2020: Revenue of $79K, expenses of $39K, and assets of $87K.

Data Sources and Methodology

This transparency report for Southern Off Road Bicycle Association 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.