The Durham Bicycle Cooperative
Nonprofit profile at a glance
- EIN
- 263522625
- IRS 990-EZ coverage
- 2015–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2020
- Location
- Durham, NC, USA
- Phone
- 9196752453
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Recreational Centers
Reported finances
- Revenue
- $59,357
- Expenses
- $33,975
- Assets
- $251,313
- Liabilities
- $605
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- Brad Hoffa (Treasurer)
- Michelle Sharpe (Secretary)
- Adam Davis (Board Member)
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 provide bicycles and hands-on learning about bicycle repair at low cost to the Durham community
What it reported doing in 2025
Outreach. The Durham Bike Coop works with a network of numerous social service agencies whose clients benefit from receiving bicycles and safety accessories. The mechanics from the DBC interact with case workers and other professionals from our network who then take the bicycles and other items to their clients. In 2025, the Outreach program sold 212 bikes at low cost ($10 each) and gave away 44 refurbished bicycles, 246 helmets, 105 vests, 103 light sets, and 106 locks to children and low-income adults. The organization also serviced 361 bicycles through 30 mobile repair clinics.
Operating model
- Revenue model
- Donor-supported. 69% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 61% for direct work, and 39% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 82
- Sustainability: 77
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 42.4%; rating input score 42
- Program expense ratio: 65.8%; rating input score 66
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 42.8%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 7.4; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 0.6% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 1.3% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 8.8% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 42.4% of revenue deployed · 65.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $22K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2015 to 2025
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.