Ability Cycling Inc

Nonprofit profile at a glance

EIN
862295447
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
Annapolis, MD, USA
Phone
4109913241
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Centers to Support the Independence of Specific Populations

Reported finances

Revenue
$15,694
Expenses
$15,617
Assets
$34,444
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Mark T Mulligan (President and Chair)

People named in this filing

  • Mark T Mulligan (President and Chair)
  • Michael Sullivan (Treasurer)
  • Theresa Mulligan (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Corporation's mission is loaning/renting bicycling equipment (primarily tandem bicycles) at minimal cost to those with physical or mental disabilities that would otherwise make cycling difficult. Bicycling can give benefits beyond mere physical fitness, including shared accomplishment, empowerment and control over one's surroundings. New for 2026 (assets purchased in 2025) we will offer the Cycling Without Age program (rides in Trishaws for older adults in assisted living centers) in Howard County MD

What it reported doing in 2025

Provided free loan of tandem bicycles or cycling equipment to 8 disabled people and 8 partners of the disabled for a total of 210 loan days. Provided 2 hours of advice to 2 customers who did not borrow from us on how to find equipment in their areas. Provided 5.5 hours servicing pedicabs used by another local charity (Cycling Without Age, Anne Arundel)

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 100
  • Sustainability: 56
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.2%; rating input score 89
  • Program expense ratio: 89.7%; rating input score 90

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 0.5%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 2.21; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 61.8% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: -4.3% per year; rating input score 0; 36th percentile among comparable filings
  • Asset growth: 27.3% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 89.2% of revenue deployed · 89.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $14K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.