Salt Lake City Bicycle Collective

What it reported doing in 2025

The bicycle collective promotes cycling as an effective and sustainable form of transportation and recreation, and as a cornerstone of a cleaner, healthier, and safer society. An overview of 2025: - received 4,011 bicycles through donation. - 1,222 bikes given away to the community through the bikes for goodwill program which is comprised of: - 440 goodwill bikes given away to kids. - 782 goodwill bikes given away to adults. - 276 volunteers donating 8,867 hours - 2,663 bikes parked (valet) - 102.5 tons of recycled material (98.7 tons of metal and 3.8 tons of rubber) bicycle collective's bikes for goodwill program provides free refurbished bicycles to individuals with great financial need so that they have a reliable form of transportation and mobility. Bicycles are donated to the shop, fixed by volunteers and staff, and given to people who are determined to have need by multiple community partners. Professional bicycle mechanics and trained volunteers refurbish nearly half of all donated bicycles making them available to individuals in need through our community partners and our bikes for goodwill program. Transportation is a formidable barrier to economic mobility. Access to nearly everything associated with economic progress and upward mobility - jobs, quality food, fairly-priced goods and services, healthcare, and school -- depends on the ability to get around efficiently and for an affordable price. Practical and affordable, a bike contributes to economic well-being, emotional stability, and physical health. It is a simple, eco- friendly transportation option. We work with more than 60 community partners across Utah who help us identify those who would benefit most from a free bike as part of our bikes-for-goodwill program. For others, we offer affordable used bikes and parts directly through our four community spaces and online.

Financial Efficiency

• Mission deployment rate: 73.5%; rating input score 73
• Program expense ratio: 88.6%; rating input score 89
• Fundraising efficiency: $16.19 raised per $1 spent on fundraising; rating input score 49; 49th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 18.6%; rating input score 70; 70th percentile among comparable filings
• Total-asset coverage ratio: 3.77; rating input score 79; 79th percentile among comparable filings
• Liabilities to assets ratio: 0.19; rating input score 26; 26th percentile among comparable filings
• Officer compensation ratio: 7.3%; rating input score 45; 45th percentile among comparable filings

Growth

• Program expense growth: 8.4% per year; rating input score 100; 52nd percentile among comparable filings
• Revenue growth: 12.9% per year; rating input score 100; 69th percentile among comparable filings
• Asset growth: 24.8% per year; rating input score 100; 85th percentile among comparable filings