Whatcom Mountain Bike Coalition
Whatcom Mountain Bike Coalition shows strong financial growth and efficient operations with volunteer leadership.
EIN: 204994769 · Bellingham, WA · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $669K |
| Program Spending | 85% |
| Net Assets | $622K |
| Transparency Score | 90/100 |
Is Whatcom Mountain Bike Coalition Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Whatcom Mountain Bike Coalition directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Whatcom Mountain Bike Coalition
Whatcom Mountain Bike Coalition (EIN: 204994769) is a nonprofit organization based in Bellingham, WA, classified under NTEE code N60. The organization reported total revenue of $1.2M and total assets of $830K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Whatcom Mountain Bike Coalition's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Whatcom Mountain Bike Coalition is a mid-size nonprofit that has been operating for 15 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 29.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $791K |
| Total Expenses | $669K |
| Surplus / Deficit | +$122K |
| Total Assets | $628K |
| Total Liabilities | $6K |
| Net Assets | $622K |
| Operating Margin | 15.4% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 11.3 months |
Financial Health Grade: A
In 2023, Whatcom Mountain Bike Coalition reported a surplus of $122K with revenue exceeding expenses, holds 11.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Whatcom Mountain Bike Coalition's revenue has grown at a compound annual growth rate (CAGR) of 29.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.6% | -36.7% | +22.2% |
| 2022 | -7.4% | +139.7% | -40.8% |
| 2021 | +130.3% | +70.1% | +48.2% |
| 2020 | -41.0% | -1.7% | +18.5% |
| 2019 | +142.4% | +36.8% | +156.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
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 Whatcom Mountain Bike Coalition 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, Whatcom Mountain Bike Coalition 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 $122K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all filings, indicating a volunteer-led organization, which is highly efficient and directs more resources to programs.
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 Whatcom Mountain Bike Coalition's IRS 990 filings:
- Significant expense spike in 2022 ($1,056,714) exceeding revenue, which warrants further investigation into its cause.
Strengths
The following positive indicators were identified for Whatcom Mountain Bike Coalition:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
- Strong and consistent revenue growth from $99,971 in 2015 to $791,164 in 2023.
- Healthy asset growth from $114,660 in 2015 to $628,380 in 2023, demonstrating financial stability.
- Positive net income in most years, indicating sound financial management.
- Low liabilities relative to assets, suggesting good financial health.
Frequently Asked Questions about Whatcom Mountain Bike Coalition
Is Whatcom Mountain Bike Coalition a legitimate charity?
Whatcom Mountain Bike Coalition (EIN: 204994769) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 90/100. It has 9 years of IRS 990 filings on record. Total revenue: $1.2M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Whatcom Mountain Bike Coalition spend its money?
Whatcom Mountain Bike Coalition directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Whatcom Mountain Bike Coalition tax-deductible?
Whatcom Mountain Bike Coalition is registered as a tax-exempt nonprofit (EIN: 204994769). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Whatcom Mountain Bike Coalition's spending goes to programs?
Whatcom Mountain Bike Coalition directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Whatcom Mountain Bike Coalition compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Whatcom Mountain Bike Coalition 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 Whatcom Mountain Bike Coalition located?
Whatcom Mountain Bike Coalition is headquartered in Bellingham, Washington and files with the IRS under EIN 204994769. It is classified under NTEE code N60.
How many years of IRS 990 filings does Whatcom Mountain Bike Coalition have?
Whatcom Mountain Bike Coalition has 9 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 $1.2M in total revenue.
Is Whatcom Mountain Bike Coalition a good charity?
Yes, Whatcom Mountain Bike Coalition appears to be a good charity. It demonstrates strong financial health, consistent revenue growth, and a commitment to its mission, evidenced by 0% officer compensation and significant asset growth from $114,660 in 2015 to $628,380 in 2023.
How has WMBC's revenue grown over time?
WMBC has shown significant revenue growth, increasing from $99,971 in 2015 to $791,164 in 2023, with a peak reported latest revenue of $1,161,166, indicating expanding support and operations.
What caused the high expenses in 2022?
In 2022, expenses ($1,056,714) significantly exceeded revenue ($696,272). While the specific cause isn't detailed in the provided data, this could indicate a major capital project, land acquisition, or significant program expansion that year, as the organization returned to a surplus in 2023.
Filing History
IRS 990 filing history for Whatcom Mountain Bike Coalition showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Whatcom Mountain Bike Coalition's revenue has grown by 691.4%, moving from $100K to $791K. Total assets increased by 448% over the same period, from $115K to $628K. Total functional expenses rose by 771.3%, from $77K to $669K. In its most recent filing year (2023), Whatcom Mountain Bike Coalition reported a surplus of $122K, with revenue exceeding expenses. The organization holds $6K in liabilities against $628K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $622K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $791K | $669K | $628K | $6K | — | — |
| 2022 | $696K | $1.1M | $514K | $10K | — | View 990 |
| 2021 | $752K | $441K | $868K | $3K | — | View 990 |
| 2020 | $326K | $259K | $585K | $26K | — | View 990 |
| 2019 | $553K | $264K | $494K | $3K | — | View 990 |
| 2018 | $228K | $193K | $193K | $1K | — | View 990 |
| 2017 | $247K | $215K | $166K | $10K | — | View 990 |
| 2016 | $129K | $119K | $135K | $11K | — | View 990 |
| 2015 | $100K | $77K | $115K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $791K, expenses of $669K, and assets of $628K (revenue +13.6% year-over-year).
- 2022: Revenue of $696K, expenses of $1.1M, and assets of $514K (revenue -7.4% year-over-year).
- 2021: Revenue of $752K, expenses of $441K, and assets of $868K (revenue +130.3% year-over-year).
- 2020: Revenue of $326K, expenses of $259K, and assets of $585K (revenue -41.0% year-over-year).
- 2019: Revenue of $553K, expenses of $264K, and assets of $494K (revenue +142.4% year-over-year).
- 2018: Revenue of $228K, expenses of $193K, and assets of $193K (revenue -7.5% year-over-year).
- 2017: Revenue of $247K, expenses of $215K, and assets of $166K (revenue +91.4% year-over-year).
- 2016: Revenue of $129K, expenses of $119K, and assets of $135K (revenue +29.0% year-over-year).
- 2015: Revenue of $100K, expenses of $77K, and assets of $115K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Whatcom Mountain Bike Coalition:
Data Sources and Methodology
This transparency report for Whatcom Mountain Bike Coalition 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.