Charity Bicycles Inc

Nonprofit profile at a glance

EIN: 834619945
IRS 990-EZ coverage: 2021–2025
Forms available: Form 990-EZ 2025, Form 990-N 2020
Location: Brighton, MI, USA
Rating: 57
Verdict: MIXED
Rating confidence: Moderate
Sector: Centers to Support the Independence of Specific Populations

Reported finances

Revenue: $83,868
Expenses: $68,132
Assets: $112,169
Liabilities: $386

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

Leadership & pay

4 people listed

People named in this filing

David Wolfe (Chairperson)
Judy Wolfe (Secretary)
Jeff Rey (Treasurer)

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

To provide safe dependable transportation to people in need

What it reported doing in 2025

Taking in donations of used bicycles, repair refurbish them and giving them to people in need in our community utilizing local charities and churches to help identify recipients.

Operating model

Revenue model: Earned-program. 75% of the money available for current operations came from fees and other program revenue.
Distribution model: Direct operator. The filing allocates 96% 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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 23
Transparency & Controls: 100
Sustainability: 61
Growth: 40

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 21.5%; rating input score 21
Program expense ratio: 26.9%; rating input score 27

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: 18.8%; rating input score 71; 71st percentile among comparable filings
Total-asset coverage ratio: 1.65; rating input score 61; 61st percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 28; 28th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -13.8% per year; rating input score 0; 24th percentile among comparable filings
Revenue growth: 0.7% per year; rating input score 100; 53rd percentile among comparable filings
Asset growth: -0.8% per year; rating input score 0; 35th percentile among comparable filings

Details

Where the money goes: 21.5% of revenue deployed · 26.9% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $18K in reported program spending
Leadership: top reported pay $0 · 4 people listed
Consistency: 8 of 8 current checks pass
Schedules: 3 filed schedules
Filing history: 5 filing years from 2021 to 2025
Contacts: How to reach this organization
Money network: Resolved incoming and outgoing counterparties from filed money flows.
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: Mission deployment rate scored 21/100.
High — Financial Efficiency: Program expense ratio scored 27/100.
High — Growth: Program expense growth scored 0/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Liabilities to assets ratio scored 28/100.
Review — Sustainability: Officer compensation ratio scored 56/100.