Golden Optimists Bicycle Recycle Program

Nonprofit profile at a glance

EIN
473324222
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2021
Location
Golden, CO, USA
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Transportation Assistance

Reported finances

Revenue
$67,990
Expenses
$27,230
Assets
$215,797
Liabilities
$846

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

Leadership & pay

9 people listed

Executive titles in this filing

  • Bobby German (President)
  • Beth Bidwell (Vice President)

People named in this filing

  • Bobby German (President)
  • Beth Bidwell (Vice President)
  • Kyle J Schroeder (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

BIKES FOR PEOPLE WHO NEED THEM.Our mission is to provide bikes for people who need them for transportation exercise and fun by repairing donated bicycles and making them available for re-use.This organization is all volunteer - no paid staff.

What it reported doing in 2025

BIKES FOR PEOPLE WHO NEED THEM. In 2025 volunteers repaired about 700 used donated bicycles of which 350 were given away for free and the remainder sold to people at affordable prices.Free bikes were given to childrens Christmas programs newly resettled refugees unhoused people and referrals from social service programs social service agencies and the justice system.Most recipients were also given helmets locks and other accessories.The used donated bikes are not run through the program accounting system.We only expense the bike parts and supplies used to refurbish them. Also included expenses for rental of facility to refurbish bikes depreciation of fixed assets maintenance upkeep and insurance.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

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 liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 13
  • Transparency & Controls: 82
  • Sustainability: 80
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 20.7%; rating input score 21
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: 59.9%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 7.92; rating input score 90; 90th 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: Limited
  • Revenue growth: 13.4% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 19.6% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 20.7% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Sustainability: Liabilities to assets ratio scored 28/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.