Yay Bikes
- Assets
- $76.7k
- Revenue
- $23.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 01/2011
- Data as of
- 12/2021
- EIN
- 27-1603945
Organization Overview
Yay Bikes is located in Columbus, OH. The organization was established in 2011. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yay Bikes 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, Yay Bikes generated $23.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.8%) each year. All expenses for the organization totaled $10.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (31.9%) per year over the past 7 years. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIKE THE CBUS IS A SELF-GUIDED RIDE HIGHLIGHTING COLUMBUS UNIQUE AND EVOLVING CENTER-RING NEIGHBORHOODS. PARTICIPANTS RIDE 7-62 MILES EXPLORING THE CITY AND EXPERIENCING REST STOPS PROVIDED BY LOCAL ORGANIZATIONS AND VENDORS.
YAY BIKES! INFLUENCES THE CONDITIONS THAT HELP PEOPLE SAFELY AND COMFORTABLY RIDE BICYCLES FOR TRANSPORTATION. TO ACCOMPLISH ITS MISSION, YAY BIKES! EMPLOYS BICYCLE ADVOCACY, CYCLIST EDUCATION, URBAN BICYCLE ADVENTURES, BIKE CULTURE EXPERIENCES, EVENT TRAFFIC MITIGATION AND SUBJECT MATTER CONSULTING THROUGH PROGRAMS AND EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Synk Vice Chair | Officer | 2 | $0 |
Joy Lanham Treasurer | Officer | 1 | $0 |
Kermit Whitfield Chair | Officer | 2 | $0 |
Bertie Fields Secretary | Officer | 2 | $0 |
Hannah Higgins Board Member | Trustee | 1 | $0 |
Brenda Ribble Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,621 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,965 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,586 |
| Total Program Service Revenue | $11,554 |
| Investment income | $3 |
| 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 | -$3,806 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,337 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $210 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $977 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,535 |
| Office expenses | $0 |
| Information technology | $451 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $1,053 |
| All other expenses | $5,657 |
| Total functional expenses | $10,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,710 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $76,710 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $76,710 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $76,710 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Yay Bikes has recieved totaling $596.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $571 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fox Chapel Golf Club Pittsburgh, PA | $23,085,433 | $10,861,671 |
Laurel Valley Golf Club Ligonier, PA | $52,343,564 | $12,615,349 |
Duquesne Club Pittsburgh, PA | $30,792,617 | $9,610,299 |
Valley Brook Country Club Mcmurray, PA | $15,227,805 | $9,837,763 |
Club At Nevillewood Presto, PA | $22,439,430 | $10,509,363 |
Country Club Of Detroit Grosse Pointe Farms, MI | $27,254,127 | $11,579,679 |
Canterbury Golf Club Inc Cleveland, OH | $2,846,772 | $7,225,906 |
Longue Vue Club Verona, PA | $11,415,012 | $9,134,867 |
Delta Gamma Fraternity Housing Corporation Columbus, OH | $50,782,840 | $9,666,361 |
Cascade Hills Country Club Grand Rapids, MI | $19,069,995 | $8,731,295 |
Inverness Club Toledo, OH | $17,460,298 | $11,263,827 |
Orchard Lake Country Club Orchard Lake, MI | $26,230,119 | $6,499,322 |