Bikedenver

Nonprofit profile at a glance

EIN
201082565
IRS 990-EZ coverage
2018–2018
Forms available
Form 990 2017, Form 990-EZ 2018, Form 990-N 2008
Location
Denver, CO, USA
Phone
7205305894
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Service Clubs

Reported finances

Revenue
$177,975
Expenses
$189,761
Assets
$28,946

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • ALEX PANKONIN (PRESIDENT)

People named in this filing

  • ALEX PANKONIN (PRESIDENT)
  • KARL SCHROEDER (VICE PRESIDE)
  • ANDREW ILTIS (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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bikedenver is denver's bicycle advocacy organization and the leading non- profit to promote and encourage bicycling as an energy efficient, non- polluting, healthy and enjoyable transportation alternative in and around denver.

What it reported doing in 2018

Advocacy - bikedenver works with city agencies and local organizations to plan, develop and implement bicycle policy and infrastructure improvements. Bikedenver advocated for and installed the first protected bike lane, providing vertical separation between bikes and motorized vehicles.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - 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: 68
  • Transparency & Controls: 82
  • Sustainability: 14
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.3%; rating input score 69
  • Program expense ratio: 65%; rating input score 65

Transparency & Controls

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

Sustainability

  • Operating margin: -6.6%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 36%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -5.2% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -31.2% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 69.3% of revenue deployed · 65% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $123K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.