Cleveland Bike Life Cuties

Nonprofit profile at a glance

EIN
844847739
IRS 990-EZ coverage
2021–2022
Forms available
Form 990-EZ 2022
Location
Garfield Heights, OH, USA
Phone
2163179446
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Service Clubs

Reported finances

Revenue
$5,919
Expenses
$6,278
Assets
$2,872
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Amina Sterling (President)
  • Tiana Allen (Vice President)

People named in this filing

  • Amina Sterling (President)
  • Tiana Allen (Vice President)
  • Selena Melendez (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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's primary exempt purpose is for charity and to fundraise, of which those funds get disbursed to families in the local community that are struggling financially.

What it reported doing in 2022

The organization intends to provide the community with several free events to help promote social unity in the local area. The organization has conduct several Easter community event for the children and families in the local area. The organization has hosted several local ride for motorist to enjoy for recreation and pleasure. The organization has also conducted a turkey giveaway for Thanksgiving to the local Cleveland community. The organization has also assisted in hosting a senior citizen BINGO game for recreation.

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: 90
  • Transparency & Controls: 100
  • Sustainability: 40
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.6%; rating input score 92
  • Program expense ratio: 86.4%; rating input score 86

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: -6.1%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 7.8% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: -42.5% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -11.8% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 91.6% of revenue deployed · 86.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $5K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2021 to 2022
  • Contacts: How to reach this organization
  • 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.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.