Bike Newport

Nonprofit profile at a glance

EIN
453804746
IRS 990 coverage
2018–2025
Forms available
Form 990 2025
Location
Newport, RI, USA
Phone
4016194900
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Environmental Education and Outdoor Survival Programs

Reported finances

Revenue
$1,067,936
Expenses
$1,158,098
Assets
$586,229
Liabilities
$78,016

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

Leadership & pay

19 people listed

Executive titles in this filing

  • BARI FREEMAN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • BARI FREEMAN (EXECUTIVE DIRECTOR): $109,050 total reported compensation

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

Overview

Mission

Bike newport's mission is to ensure that bicycling is a viable, safe, and comfortable primary choice for transportation and recreation.

What it reported doing in 2025

Community building: we work to nurture a culture which effectively supports individuals in riding bikes more often and growing community-wide enthusiasm and inspiration around bikes. Examples of these efforts include "car-free" rides where roads are closed to cars and open to people biking and walking in beautiful and iconic coastal and farming areas. The annual 10-spot ride combines citywide riding with local music, food, and lush landscapes. We practice cultural competency around biking for specific affinity groups, including, for example, spanish-language focus groups, brave spaces for lgbtq+ participants, and specialized group riding with black girls do bike. Year-round, we have community open garage sessions 5x/week for community members to share knowledge, enthusiasm, and bike parts to keep bikes in good repair. Open garage participants and other volunteers also join staff in restoring donated bicycles for community distribution.

Operating model

Revenue model
Donor-supported. 74% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 93% 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 23
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.1%; rating input score 81
  • Program expense ratio: 74.8%; rating input score 75
  • Fundraising efficiency: $7.8 raised per $1 spent on fundraising; rating input score 27; 27th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -8.4%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.51; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 9.4%; rating input score 39; 39th percentile among comparable filings

Growth

  • Program expense growth: 19.6% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 13.4% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 21.2% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 81.1% of revenue deployed · 74.8% of spending went to programs
  • Governance: 18 of 18 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $866K in reported program spending
  • Leadership: top reported pay $109K · 19 people listed
  • Consistency: 35 of 35 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 7 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Fundraising efficiency scored 27/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
  • Moderate — Sustainability: Officer compensation ratio scored 39/100.