World Bicycle Relief Nfp
World Bicycle Relief Nfp shows consistent revenue growth and strong assets with no reported officer compensation.
EIN: 205080679 · Chicago, IL · NTEE: M20 · Updated: 2026-03-28
Is World Bicycle Relief Nfp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
World Bicycle Relief Nfp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About World Bicycle Relief Nfp
World Bicycle Relief Nfp (EIN: 205080679) is a nonprofit organization based in Chicago, IL, classified under NTEE code M20. The organization reported total revenue of $14.5M and total assets of $10.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Bicycle Relief Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Bicycle Relief Nfp is a large nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 16.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.5M |
| Total Expenses | $16.5M |
| Surplus / Deficit | $-949,435 |
| Total Assets | $13.3M |
| Total Liabilities | $2.3M |
| Net Assets | $11.0M |
| Operating Margin | -6.1% |
| Debt-to-Asset Ratio | 17.3% |
| Months of Reserves | 9.7 months |
Financial Health Grade: B
In 2023, World Bicycle Relief Nfp reported a deficit of $949K with expenses exceeding revenue, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 17.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), World Bicycle Relief Nfp's revenue has grown at a compound annual growth rate (CAGR) of 16.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.9% | +32.6% | +4.2% |
| 2022 | -1.4% | +19.4% | -0.5% |
| 2021 | +29.4% | +77.1% | +29.5% |
| 2020 | +15.5% | -28.9% | +46.2% |
| 2019 | +0.9% | -4.4% | +12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 World Bicycle Relief Nfp 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, World Bicycle Relief Nfp 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 deficit of $949K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.3%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is a strong positive for transparency and efficient use of funds.
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 World Bicycle Relief Nfp's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($16.47M vs $15.52M), leading to a net operating loss for the year.
- Significant increase in liabilities from $386,226 in 2022 to $2,310,489 in 2023, warranting further investigation into its nature.
Strengths
The following positive indicators were identified for World Bicycle Relief Nfp:
- Consistent and strong revenue growth over the past decade, from $7.48M in 2014 to $15.52M in 2023.
- Robust asset base, reaching $13.34M in 2023, providing strong financial backing.
- Zero reported officer compensation across all filings, indicating high transparency and efficient use of funds.
- Assets significantly exceed liabilities, demonstrating strong financial solvency.
- Positive net income in multiple years (e.g., 2021: $2.01M, 2020: $3.72M), contributing to asset growth.
Frequently Asked Questions about World Bicycle Relief Nfp
Is World Bicycle Relief Nfp a legitimate charity?
Based on AI analysis of IRS 990 filings, World Bicycle Relief Nfp (EIN: 205080679) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does World Bicycle Relief Nfp spend its money?
World Bicycle Relief Nfp directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to World Bicycle Relief Nfp tax-deductible?
World Bicycle Relief Nfp is registered as a tax-exempt nonprofit (EIN: 205080679). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is World Bicycle Relief Nfp financially stable?
Yes, World Bicycle Relief Nfp appears financially stable. Its assets have consistently grown, reaching $13.34 million in 2023, significantly exceeding its liabilities of $2.31 million. Revenue has also shown consistent growth over the past decade.
How has World Bicycle Relief Nfp's revenue changed over time?
World Bicycle Relief Nfp has experienced substantial revenue growth, increasing from $7.48 million in 2014 to $15.52 million in 2023, demonstrating a strong upward trend in financial support.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is a highly transparent and efficient approach.
Are there any significant financial liabilities?
While liabilities increased to $2.31 million in 2023 from $386,226 in 2022, they are still well-covered by the organization's substantial assets of $13.34 million, suggesting manageable financial obligations.
Filing History
IRS 990 filing history for World Bicycle Relief Nfp showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), World Bicycle Relief Nfp's revenue has grown by 611.8%, moving from $2.2M to $15.5M. Total assets increased by 383.2% over the same period, from $2.8M to $13.3M. Total functional expenses rose by 994.1%, from $1.5M to $16.5M. In its most recent filing year (2023), World Bicycle Relief Nfp reported a deficit of $949K, with expenses exceeding revenue. The organization holds $2.3M in liabilities against $13.3M in assets (debt-to-asset ratio: 17.3%), resulting in net assets of $11.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.5M | $16.5M | $13.3M | $2.3M | — | View 990 |
| 2022 | $12.2M | $12.4M | $12.8M | $386K | — | View 990 |
| 2021 | $12.4M | $10.4M | $12.9M | $240K | — | View 990 |
| 2020 | $9.6M | $5.9M | $9.9M | $368K | — | View 990 |
| 2019 | $8.3M | $8.3M | $6.8M | $947K | — | View 990 |
| 2018 | $8.2M | $8.6M | $6.1M | $245K | — | View 990 |
| 2017 | $7.9M | $9.2M | $6.6M | $333K | — | — |
| 2016 | $7.8M | $6.1M | $7.8M | $327K | — | View 990 |
| 2015 | $5.4M | $7.0M | $6.2M | $447K | — | View 990 |
| 2014 | $7.5M | $5.9M | $8.1M | $756K | — | View 990 |
| 2013 | $5.4M | $4.2M | $6.2M | $569K | — | View 990 |
| 2012 | $5.1M | $4.0M | $4.7M | $266K | — | View 990 |
| 2011 | $4.4M | $3.5M | $4.1M | $747K | — | View 990 |
| 2010 | $2.2M | $1.5M | $2.8M | $346K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.5M, expenses of $16.5M, and assets of $13.3M (revenue +26.9% year-over-year).
- 2022: Revenue of $12.2M, expenses of $12.4M, and assets of $12.8M (revenue -1.4% year-over-year).
- 2021: Revenue of $12.4M, expenses of $10.4M, and assets of $12.9M (revenue +29.4% year-over-year).
- 2020: Revenue of $9.6M, expenses of $5.9M, and assets of $9.9M (revenue +15.5% year-over-year).
- 2019: Revenue of $8.3M, expenses of $8.3M, and assets of $6.8M (revenue +0.9% year-over-year).
- 2018: Revenue of $8.2M, expenses of $8.6M, and assets of $6.1M (revenue +3.8% year-over-year).
- 2017: Revenue of $7.9M, expenses of $9.2M, and assets of $6.6M (revenue +1.1% year-over-year).
- 2016: Revenue of $7.8M, expenses of $6.1M, and assets of $7.8M (revenue +44.7% year-over-year).
- 2015: Revenue of $5.4M, expenses of $7.0M, and assets of $6.2M (revenue -27.5% year-over-year).
- 2014: Revenue of $7.5M, expenses of $5.9M, and assets of $8.1M (revenue +39.4% year-over-year).
- 2013: Revenue of $5.4M, expenses of $4.2M, and assets of $6.2M (revenue +6.0% year-over-year).
- 2012: Revenue of $5.1M, expenses of $4.0M, and assets of $4.7M (revenue +13.9% year-over-year).
- 2011: Revenue of $4.4M, expenses of $3.5M, and assets of $4.1M (revenue +103.8% year-over-year).
- 2010: Revenue of $2.2M, expenses of $1.5M, and assets of $2.8M.
Data Sources and Methodology
This transparency report for World Bicycle Relief 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.