Lumbercycle

Nonprofit profile at a glance

EIN
813731386
IRS 990-EZ coverage
2018–2023
Forms available
Form 990 2021, Form 990-EZ 2023, Form 990-N 2019
Location
San Diego, CA, USA
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Recycling Programs

Reported finances

Revenue
$150,210
Expenses
$173,560
Assets
$99,417
Liabilities
$88,900

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • Thomas Hamilton (Chief Executive Officer)

People named in this filing

  • Thomas Hamilton (Chief Executive Officer)
  • Brett Ritchey (Chief Operating Officer)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of Lumbercycle is to reduce greenhouse gas emissions by diverting as much woody biomass as possible from landfills by bridging connections between tree services and local sawyers then using the processed urban lumber for community education and enrichment programs.

What it reported doing in 2023

In 2023 Lumbercycle had many activities that furthered its mission of promoting sustainable urban forestry through education workforce training and lumber donations to community enrichment programs. Educational Outreach: This year Lumbercycle hosted multiple community sawmill demonstrations for different youth groups and public events including a 6 day hands on demonstration for campers at Girl Scouts Camp Winacka an Earth Day event for Oceanside High School and field trips at the mill yard for Escondido and San Pasqual High School woodshop students. 5 students from Escondido High school participated in volunteer events for 5 consecutive Saturdays to learn in depth information on sustainable milling and drying techniques. Workforce Development: In December Lumbercycle was asked to give a 3 day training course for the staff at CALFIREs LA Moran Reforestation Center to learn to use their new Woodmizer LT70 sawmill which included one classroom and two field days learning milling

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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 19
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.2%; rating input score 97

Transparency & Controls

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

Sustainability

  • Operating margin: -15.5%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.57; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0.89; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 36.9%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 30% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 9.8% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 15.7% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $169K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2018 to 2023
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • 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 — Sustainability: Operating margin scored 12/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.