Local Motion Inc
- Assets
- $1.5m
- Revenue
- $1.3m
- Investments
- $27.0k
- Employees
- 45
- Location
- Burlington, VT
- Founding
- 02/2001
- Data as of
- 12/2021
- EIN
- 03-0361422
Organization Overview
Local Motion Inc is located in Burlington, VT. The organization was established in 2001. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2021, Local Motion Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local Motion Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Local Motion Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAKING IT SAFE, ACCESSIBLE, AND FUN FOR EVERYONE TO BIKE, WALK, AND ROLL IN VERMONT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY, EDUCATION, AND SAFETY PROGRAMS: THE EDUCATION AND SAFETY PROGRAMS HELP PEOPLE LEARN TO WALK AND BIKE SAFELY IN THEIR COMMUNITIES, WHETHER ON SIDEWALKS, MULTI-USE PATHS, OR ROADWAYS. THE COMMUNITY PROGRAMS HELP TO IMPROVE TRANSPORTATION INFRASTRUCTURE AT BOTH THE STATE AND LOCAL LEVEL WITH THE GOAL OF MAKING VERMONT'S TRANSPORTATION SYSTEM SAFE, COMFORTABLE, AND ACCESSIBLE FOR ALL USERS.
SERVICES: LOCAL MOTION'S BIKE SERVICES INCLUDE A SEASONAL BIKE RENTAL SERVICE, A SECURE BIKE PARKING SERVICE AND OTHER BIKE RELATED SERVICES THAT HELP TO ENCOURAGE PEOPLE TO BIKE MORE OFTEN.
BIKE FERRY PROGRAM: THE LOCAL MOTION BIKE FERRY SERVICE OPERATES SEASONALLY AND ALLOWS CYCLISTS AND PEDESTRIANS TO GO "ACROSS THE CUT" (A 100 YARD OPENING) ON THE COLCHESTER CAUSEWAY WHICH CONNECTS COLCHESTER AND SOUTH HERO VIA THE ISLAND LINE RAIL TRAIL ON LAKE CHAMPLAIN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Yacos Executive Di | Officer | 35 | $81,803 |
Dale Azaria President | OfficerTrustee | 2 | $0 |
Spencer Knapp Secretary | OfficerTrustee | 2 | $0 |
Laura Carlsmith Treasurer | OfficerTrustee | 2 | $0 |
Katie Langrock Vice Preside | OfficerTrustee | 2 | $0 |
Brian Searles Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $549,041 |
| All other contributions, gifts, grants, and similar amounts not included above | $351,814 |
| Noncash contributions included in lines 1a–1f | $1,097 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $900,855 |
| Total Program Service Revenue | $433,157 |
| Investment income | $2,926 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,343,819 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $82,621 |
| Compensation of current officers, directors, key employees. | $49,573 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $574,334 |
| Pension plan accruals and contributions | $3,421 |
| Other employee benefits | $9,604 |
| Payroll taxes | $57,334 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $59,094 |
| Advertising and promotion | $13,594 |
| Office expenses | $2,550 |
| Information technology | $25,301 |
| Royalties | $0 |
| Occupancy | $59,690 |
| Travel | $6,993 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $92 |
| Interest | $3,500 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $81,247 |
| Insurance | $16,400 |
| All other expenses | $0 |
| Total functional expenses | $1,112,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,901 |
| Savings and temporary cash investments | $633,785 |
| Pledges and grants receivable | $70,005 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $17,813 |
| Prepaid expenses and deferred charges | $10,587 |
| Net Land, buildings, and equipment | $680,956 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $27,015 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,465,062 |
| Accounts payable and accrued expenses | $67,716 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $10,386 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $150,000 |
| Other liabilities | $0 |
| Total liabilities | $228,102 |
| Net assets without donor restrictions | $1,209,946 |
| Net assets with donor restrictions | $27,014 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,465,062 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Local Motion Inc has recieved totaling $47,041.
| Awarding Organization | Amount |
|---|---|
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $22,250 |
Lz Francis Foundation Cleveland, OH PURPOSE: GENERAL SUPPORT | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $8,825 |
Morgan Family Foundation Yellow Springs, OH PURPOSE: (MATCHING) UNRESTRICTED USE | $2,000 |
Evergreen Foundation Inc Neenah, WI PURPOSE: GENERAL SUPPORT | $1,500 |
Argosy Foundation Milwaukee, WI PURPOSE: TRANSIT PROJECT | $1,000 |
Endowment Analysis
| Beg. Balance | $24,080 |
| Earnings | $2,935 |
| Ending Balance | $27,015 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Efficiency Forward Inc Medford, MA | $5,907,697 | $9,722,584 |
Center For Ecotechnology Inc Dalton, MA | $5,279,642 | $8,781,564 |
New York City Energy Efficiency Corporation New York, NY | $49,730,328 | $4,961,348 |
Environment Next Inc East Aurora, NY | $24,217,627 | $8,709,351 |
E4thefuture Framingham, MA | $19,416,406 | $1,363,963 |
Northeast Energy Efficiency Partnerships Inc Lexington, MA | $4,479,644 | $4,251,266 |
Deploy-Us Inc Boston, MA | $2,976,414 | $4,253,205 |
Interstate Renewable Energy Council Albany, NY | $3,755,320 | $4,093,970 |
National Wind Technology Consortium Albany, NY | $2,138,543 | $2,465,652 |
Sustainable Westchester Inc Mount Kisco, NY | $1,228,571 | $2,221,583 |
Clean Energy States Alliance Inc Montpelier, VT | $1,022,746 | $1,229,033 |
Necec Institute Inc Boston, MA | $828,078 | $1,728,672 |