West Town Bikes Nfp
West Town Bikes Nfp consistently allocates 100% of reported officer compensation to programs, operating with fluctuating but stable finances.
EIN: 204767185 · Chicago, IL · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $527K |
| Total Expenses | $505K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $400,000 |
| Net Assets | $86K |
| Transparency Score | 92/100 |
Is West Town Bikes Nfp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
West Town Bikes Nfp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About West Town Bikes Nfp
West Town Bikes Nfp (EIN: 204767185) is a nonprofit organization based in Chicago, IL, classified under NTEE code N60. The organization reported total revenue of $527K and total assets of $212K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West Town Bikes Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West Town Bikes Nfp is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $482K |
| Total Expenses | $505K |
| Surplus / Deficit | $-22,317 |
| Total Assets | $229K |
| Total Liabilities | $142K |
| Net Assets | $86K |
| Operating Margin | -4.6% |
| Debt-to-Asset Ratio | 62.3% |
| Months of Reserves | 5.4 months |
Financial Health Grade: C
In 2023, West Town Bikes Nfp reported a deficit of $22K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 62.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), West Town Bikes Nfp's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.8% | +8.4% | -6.9% |
| 2022 | -13.2% | +18.4% | +18.2% |
| 2021 | -8.5% | -11.7% | -13.7% |
| 2020 | +15.0% | -22.7% | +16.5% |
| 2019 | -21.6% | -6.0% | -20.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 West Town Bikes Nfp 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, West Town Bikes Nfp allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 62.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization with annual revenues exceeding $400,000 and suggests a volunteer-led executive team or alternative compensation structures not captured as officer pay.
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 West Town Bikes Nfp's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 and 2022 expenses exceeded revenue), which could impact long-term sustainability if not addressed.
- Increasing liabilities in 2023 ($142,497) compared to 2022 ($137,253) while assets slightly decreased, indicating potential financial strain.
Strengths
The following positive indicators were identified for West Town Bikes Nfp:
- Zero reported officer compensation across all filings, indicating exceptional efficiency and dedication to program funding.
- Consistent revenue generation, typically above $400,000 annually, demonstrating a stable funding base.
- Maintained a healthy asset base (e.g., $228,870 in 2023) despite periods of deficit spending, showing financial resilience.
Frequently Asked Questions about West Town Bikes Nfp
Is West Town Bikes Nfp a legitimate charity?
West Town Bikes Nfp (EIN: 204767185) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $527K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does West Town Bikes Nfp spend its money?
West Town Bikes Nfp directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to West Town Bikes Nfp tax-deductible?
West Town Bikes Nfp is registered as a tax-exempt nonprofit (EIN: 204767185). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the West Town Bikes Nfp CEO make?
West Town Bikes Nfp's highest-compensated officer earns $400,000 annually. The organization reported $527K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of West Town Bikes Nfp's spending goes to programs?
West Town Bikes Nfp directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does West Town Bikes Nfp compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), West Town Bikes Nfp is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is West Town Bikes Nfp located?
West Town Bikes Nfp is headquartered in Chicago, Illinois and files with the IRS under EIN 204767185. It is classified under NTEE code N60.
How many years of IRS 990 filings does West Town Bikes Nfp have?
West Town Bikes Nfp 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 $527K in total revenue.
Is West Town Bikes Nfp a good charity?
Based on the available IRS 990 data, West Town Bikes Nfp appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation, which suggests a strong commitment to directing funds towards its mission. Its program spending is likely very high given this fact.
How does West Town Bikes Nfp manage its expenses relative to its revenue?
West Town Bikes Nfp has experienced periods where expenses exceeded revenue, such as in 2023 ($504,598 expenses vs. $482,281 revenue) and 2022 ($465,373 expenses vs. $409,556 revenue). However, it also had surpluses, like in 2021 ($393,199 expenses vs. $472,073 revenue), indicating a fluctuating but generally managed financial approach.
What is the trend in West Town Bikes Nfp's assets and liabilities?
The organization's assets have fluctuated but remained relatively stable, with $228,870 in 2023. Liabilities have also varied, reaching $142,497 in 2023, indicating a need for careful management of its financial obligations.
Filing History
IRS 990 filing history for West Town Bikes Nfp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), West Town Bikes Nfp's revenue has grown by 15.7%, moving from $417K to $482K. Total assets increased by 207.6% over the same period, from $74K to $229K. Total functional expenses rose by 20.1%, from $420K to $505K. In its most recent filing year (2023), West Town Bikes Nfp reported a deficit of $22K, with expenses exceeding revenue. The organization holds $142K in liabilities against $229K in assets (debt-to-asset ratio: 62.3%), resulting in net assets of $86K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $482K | $505K | $229K | $142K | — | — |
| 2022 | $410K | $465K | $246K | $137K | — | View 990 |
| 2021 | $472K | $393K | $208K | $44K | — | View 990 |
| 2020 | $516K | $445K | $241K | $155K | — | View 990 |
| 2019 | $448K | $576K | $207K | $192K | — | View 990 |
| 2018 | $572K | $613K | $260K | $116K | — | View 990 |
| 2017 | $634K | $592K | $263K | $78K | — | View 990 |
| 2016 | $736K | $745K | $284K | $140K | — | View 990 |
| 2015 | $712K | $689K | $256K | $103K | — | View 990 |
| 2014 | $583K | $558K | $225K | $96K | — | View 990 |
| 2013 | $511K | $500K | $149K | $45K | — | View 990 |
| 2012 | $423K | $381K | $120K | $27K | — | View 990 |
| 2011 | $417K | $420K | $74K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $482K, expenses of $505K, and assets of $229K (revenue +17.8% year-over-year).
- 2022: Revenue of $410K, expenses of $465K, and assets of $246K (revenue -13.2% year-over-year).
- 2021: Revenue of $472K, expenses of $393K, and assets of $208K (revenue -8.5% year-over-year).
- 2020: Revenue of $516K, expenses of $445K, and assets of $241K (revenue +15.0% year-over-year).
- 2019: Revenue of $448K, expenses of $576K, and assets of $207K (revenue -21.6% year-over-year).
- 2018: Revenue of $572K, expenses of $613K, and assets of $260K (revenue -9.8% year-over-year).
- 2017: Revenue of $634K, expenses of $592K, and assets of $263K (revenue -13.9% year-over-year).
- 2016: Revenue of $736K, expenses of $745K, and assets of $284K (revenue +3.2% year-over-year).
- 2015: Revenue of $712K, expenses of $689K, and assets of $256K (revenue +22.2% year-over-year).
- 2014: Revenue of $583K, expenses of $558K, and assets of $225K (revenue +14.1% year-over-year).
- 2013: Revenue of $511K, expenses of $500K, and assets of $149K (revenue +20.6% year-over-year).
- 2012: Revenue of $423K, expenses of $381K, and assets of $120K (revenue +1.6% year-over-year).
- 2011: Revenue of $417K, expenses of $420K, and assets of $74K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West Town Bikes Nfp:
Data Sources and Methodology
This transparency report for West Town Bikes Nfp 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.