Tulsa Hub Syndicate

Nonprofit profile at a glance

EIN
800411288
IRS 990-EZ coverage
2011–2021
Forms available
Form 990 2020, Form 990-EZ 2021, Form 990-N 2010
Location
Tulsa, OK, USA
Phone
9188130028
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$138,775
Expenses
$140,274
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Adrienne Barger (Interim CEO)
  • Andrew Webb (President)
  • Dave Keylor (Vice President)

People named in this filing

  • Ric Munoz (Director)
  • Bruce Buck (Director)
  • Adrienne Barger (Interim CEO)

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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Tulsa Hub Syndicate is a syndicate of volunteers on a mission to change lives through cycling. It is the only non-profit organization in Oklahoma providing certified bicycling-for-transportation education, refurbished bicycles, safety gear, and follow-up support to people in poverty, people with physical and mental disabilities, and people who are otherwise disenfranchised in our community.

What it reported doing in 2021

The Organization's programs equiped, educated, and empowered underserved populations through bicycle-for-transportation programming. After completing required classes covering safety, traffic laws, and maintenance, program participants are eligible to receive a refurbished bicycle. During 2021, prior to dissolution of the organization, 54 individuals received a refurbished bicycle. Recipients have reported using these refurbished bicycles to obtain employment, go back to school, run errands, and otherwise make moves toward improved self-reliance.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 95% 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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 100
  • Sustainability: 13
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.7%; rating input score 65
  • Program expense ratio: 64%; rating input score 64

Transparency & Controls

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

Sustainability

  • Operating margin: -1.1%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 29.7%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: 43% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 1.8% per year; rating input score 100; 30th percentile among comparable filings

Details

  • Where the money goes: 64.7% of revenue deployed · 64% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $90K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2011 to 2021
  • Contacts: How to reach this organization
  • Money network: 4 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 23/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.