California Mobility Fund

What it reported doing in 2024

The CMFs main efforts were in support of the charitable advocacy and education work of the California Bicycle Coalition (CBC), especially its advocacy to expedite bicycle safety improvements. We began planning for the next biennial California Bicycle Summit, which will gather around 300 bicycle organizers, transportation planners, and city officials for 2 days of workshops, breakout sessions, and presentations related to bicycling, active transportation, mobility, and public safety, in April 2024. We continued to monitor and worked to improve Caltrans complete streets policy that requires the consideration of bike and pedestrian safety facilities in every road repair project. e-Bike AdvocacyCalifornia Mobility Fund continued our campaign to support and steward the states E-Bike Purchase Incentive Program, managed by the California Air Resources Board (CARB). The CMF has engaged in public education and outreach to ensure the program is broadly adopted, attending public work group meetings, consulting with CARB and program administrator Pedal Ahead, and garnering an email interest list of over 19,000 specific to the program. The ongoing advocacy of the California Bicycle Coalition has made clear the enormous demand for accessible sustainable transportation like e-bikes.Regional Organization SupportCMF serves as a fiscal sponsor for several young regional bicycle coalitions. The Motherlode Bicycle Coalition is a very small volunteer-led group that promotes safer bicycling in the Sierra Foothills adjacent to the northern San Joaquin Valley. They participate in regional committees such as the Caltrans District 10 Bicycle Pedestrian Advisory Committee to advise on bicycle issues, coordinate and support recreational bicycles rides, and support growth of bicycle tourism in the region. Transport Oakland works to support the enactment of safe, sustainable and equitable transportation policies in Oakland.

Financial Efficiency

• Mission deployment rate: 83.2%; rating input score 83
• Program expense ratio: 99.6%; rating input score 100
• Fundraising efficiency: Limited

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; 76th 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; 63rd percentile among comparable filings
• Governance controls: 5 of 7 controls in place; rating input score 71
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 16.5%; rating input score 72; 72nd percentile among comparable filings
• Total-asset coverage ratio: 0.29; rating input score 14; 14th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 72; 72nd percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 1.1% per year; rating input score 100; 22nd percentile among comparable filings
• Revenue growth: -1.8% per year; rating input score 0; 10th percentile among comparable filings
• Asset growth: -3.3% per year; rating input score 0; 9th percentile among comparable filings