The Bicycle Thrift Shop
- Assets
- $68.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marion, NC
- Founding
- 07/2011
- Data as of
- 12/2023
- EIN
- 27-3943707
Organization Overview
The Bicycle Thrift Shop is located in Marion, NC. 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. Bicycle Thrift Shop 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, Bicycle Thrift Shop generated $105.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $122.1k during the year ending 12/2023. While expenses have increased by 9.2% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Janes Executive Director | 40 | $75,625 | |
Rhonda Janes Board Member | 1 | $0 | |
Jared Mauldin Board Member | 1 | $0 | |
Mike Keeley Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,453 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,453 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $79,361 |
| Professional fees and other payments to independent contractors | $2,600 |
| Occupancy, rent, utilities, and maintenance | $16,477 |
| Printing, publications, postage, and shipping | $2,799 |
| Other expenses | $20,855 |
| Total expenses | $122,092 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,483 |
| Other assets | $0 |
| Total assets | $67,968 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,968 |