Trips for Kids Charlotte

Nonprofit profile at a glance

EIN
562212160
IRS 990 coverage
2013–2025
Forms available
Form 990 2025, Form 990-EZ 2015, Form 990-N 2007
Location
Charlotte, NC, USA
Phone
9802256430
Rating
85
Verdict
STRONG
Rating confidence
Standard
Sector
Children's, Youth Services

Reported finances

Revenue
$542,411
Expenses
$477,232
Assets
$1,354,037
Liabilities
$623,549

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

Leadership & pay

8 people listed

Executive titles in this filing

  • RICHARD WINTERS (PRESIDENT)

People named in this filing

  • CORWIN THOMAS (DIRECTOR)
  • MATTHEW PACKEY (TREASURER)
  • RICHARD WINTERS (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide transformative cycling experiences to underserved youth

What it reported doing in 2025

Re-cyclery & repair shop: 3,473 bikes were donated in total, 973 were repaired for earn a bike program and to sell to the community; directly recycled and harvested parts from 2500 donated bikes; operated repair shop open to the community to promote cycling, to communicate the mission of the organization, and to recruit volunteers. In partnership with the dreamkey partners and city of charlotte e-bike pilot program, provided education regarding care, maintenance and use of e-bikes.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 94
  • Accountability: 70
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.6%; rating input score 90
  • Program expense ratio: 82.9%; rating input score 83
  • Fundraising efficiency: $669.74 raised per $1 spent on fundraising; rating input score 96; 96th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 22nd 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: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 12%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 2.84; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.46; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 10.7% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 11.3% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 15.3% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 89.6% of revenue deployed · 82.9% of spending went to programs
  • Governance: 8 of 8 board members independent · 2 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $396K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 24 of 25 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 11 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.