Falls City Community Bikeworks
Nonprofit profile at a glance
- EIN
- 815031684
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- Louisville, KY, USA
- Phone
- 4199342735
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Pollution Abatement and Control Services
Reported finances
- Revenue
- $62,000
- Expenses
- $35,019
- Assets
- $84,658
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Lou Lepping (President)
People named in this filing
- Lou Lepping (President)
- John Krueger (Director)
- Nathan Pinney (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To empower people to make bicycling a more practical and sustainable part of their lives. To provide a well-equipped workshop where all community members can maintain their own bicycles. To share the skills of bicycle maintenance and repair.
What it reported doing in 2025
Provide a well-equipped workshop where all community members can maintain their own bicycles which is open every Wednesday from 6:30-9:30pm and Sunday from 1-4pm (except holidays). Includes salary, rent/utilities, supplies, and cost of stocking workshop with proper tools.
Operating model
- Revenue model
- Donor-supported. 64% 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
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 100
- Sustainability: 62
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.2%; rating input score 53
- Program expense ratio: 91.7%; rating input score 92
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: 43.5%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 2.42; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 38.6%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: -41.8% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 48.8% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 53.2% of revenue deployed · 91.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $32K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 5/100.