Reno Bike Project Inc
- Assets
- $1.9m
- Revenue
- $743.1k
- Investments
- $0.0
- Employees
- 26
- Location
- Reno, NV
- Founding
- 06/2008
- Data as of
- 12/2023
- EIN
- 14-1988800
Organization Overview
Reno Bike Project Inc is located in Reno, NV. The organization was established in 2008. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Reno Bike Project Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reno Bike Project 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 12/2023, Reno Bike Project Inc generated $743.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $638.9k during the year ending 12/2023. While expenses have increased by 10.7% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE BICYCLING AS AN EVERYDAY LIFESTYLE CHOICE IN THE TRUCKEE MEADOWS THROUGH BICYCLE MAINTENANCE, EDUCATION, AND PROMOTION OF BICYCLING EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED A BIKE SHOP WITH VOLUNTEER MECHANICS AND EMPLOYED MECHANICS TO ASSIST THE GENERAL PUBLIC IN REPAIRING AND MAINTAINING THEIR BICYCLES. 21,087 INDIVIDUALS SERVED.
OPERATED THE MAJOR TAYLOR RIDE CLUB WHICH IS AN AFTER-SCHOOL BICYCLE RIDING CLUB. 105 UNDER-SERVED AND DISADVANTAGED TEENS IN THE RENO-SPARKS AREA WERE TAUGHT ABOUT PHYSICAL FITNESS, NUTRITION, BIKE MAINTENANCE, SETTING AND MEETING GOALS, AND BIKE SAFETY THROUGH CLASSES HELD AT THE RENO BIKE PROJECT AND GROUP RIDES LED BY EXPERIENCED VOLUNTEER CYCLISTS. 96 PARTICIPANTS OF THE 105 COMPLETED THE PROGRAM
OPERATED THE FUTURE CYCLE PROGRAM TO TEACH AT-RISK YOUNG ADULTS (16-24 YEARS OLD) A WIDE VARIETY OF JOB SKILLS. IN ADDITION TO BICYCLE REPAIR AND MAINTENACE, PARTICIPANTS LEARNED CUSTOMER SERVICE AND SALES SKILLS, COMMUNICATION AND JOB INTERVIEW SKILLS, AND UPON COMPLETION OF THE INITIAL TRAINING, THEY FINISHED THE 15 WEEK PROGRAM WITH AN EXTERNSHIP WITH A PARTNERING BICYCLE SHOP IN THE RENO AREA. DURING 2019, THERE WERE A TOTAL OF 4 PARTICIPANTS, AND 1 PARTICIPANT GRADUATED THE PROGRAM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Brandl Director | Trustee | $0 | |
Scott Gibson Director | Trustee | $0 | |
Heather Goulding Director | Trustee | $0 | |
Marlowe Kulley Director | Trustee | $0 | |
Terry Quint Director | Trustee | $0 | |
Mike Scott Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $32,345 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,094 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,439 |
| Total Program Service Revenue | $661,903 |
| Investment income | $41,047 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$45,339 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $743,050 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $379,537 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $42,646 |
| Payroll taxes | $37,345 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,929 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,837 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,182 |
| Office expenses | $7,375 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $78,252 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $628 |
| Insurance | $9,291 |
| All other expenses | $36,025 |
| Total functional expenses | $638,936 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $451,241 |
| Savings and temporary cash investments | $1,356,489 |
| Pledges and grants receivable | $0 |
| 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 | $73,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $314 |
| Investments—publicly traded securities | $6,169 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,887,213 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,975 |
| Total liabilities | $4,975 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,882,238 |
| Total liabilities and net assets/fund balances | $1,887,213 |