Living Life on 2 Wheels Inc
Nonprofit profile at a glance
- EIN
- 833171172
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Festus, MO, USA
- Phone
- 3149746793
- Rating
- 49
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $76,990
- Expenses
- $22,939
- Assets
- $139,773
- Liabilities
- $59,100
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- RENE CREED (President)
- CHRISTOPHER CREED (Vice President)
People named in this filing
- RENE CREED (President)
- CHRISTOPHER CREED (Vice President)
- DEBORAH WASCHEK (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to cultivate a culture where cycling is the catalyst to strengthen the world, by bringing bicycle riding awareness, education, and opportunity closer to home and accessible to all people. Changing the world 2 wheels at a time.
What it reported doing in 2024
U25 cycling program traveled the us competing in the uci race series supporting athletes with race cost, equipment, support, coaching, transportation and food and lodging. Our program gives kids that have the attitude and cycling talent to try and move to a top level cyclist. All while promoting the healthly and active lifestyle that takes place outdoors in nature. Getting more kids on bikes by spreading and supporting the all kids bike initiative.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 8
- Transparency & Controls: 100
- Sustainability: 79
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 11.7%; rating input score 12
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 70.2%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 6.09; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.42; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -2.6% per year; rating input score 0; 41st percentile among comparable filings
- Asset growth: 33.9% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 11.7% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2019 to 2024
- 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 12/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.