Second Cycle Community Bicycle Shop is located in Tacoma, WA. The organization was established in 2013. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Second Cycle Community Bicycle Shop employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Second Cycle Community Bicycle 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 12/2022, Second Cycle Community Bicycle Shop generated $470.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $505.5k during the year ending 12/2022. While expenses have increased by 26.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEMYSTIFY AND NORMALIZE BIKE RIDING AS A PART OF DAILY LIFE AND REALIZE THE BICYCLE AS A TOOL OF PERSONAL AND COMMUNITY EMPOWERMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BICYCLE SERVICES OUR ORGANIZATION FULFILLS ITS MISSION BY OFFERING THE COMMUNITY AFFORDABLE BIKES, PARTS AND SERVICES. IN OUR UNIQUE BIKE SHOP, WE PROVIDE SERVICES NOT FOUND ELSEWHERE IN OUR COMMUNITY, SELLING APPROXIMATELY 600 USED BIKES EACH YEAR. RECYCLE REUSE IN 2022, WE DEMONSTRATED OUR COMMITMENT TO SUSTAINABILITY BY RECYCLING AND REUSING 1,650 BIKES. ADDITIONALLY, WE ESTIMATE THAT WE RECYCLED 28,000 LBS OF SCRAP METAL, PROCESSED 10,000 LBS OF PARTS AND ACCESSORIES, AND RECYCLED APPROXIMATELY 1,400 LBS OF TIRES. YOUTH PROGRAMMING OUR RANGE OF INNOVATIVE PROGRAMS IS DESIGNED TO NURTURE THE LOVE OF CYCLING AND MAKE A POSITIVE IMPACT IN OUR COMMUNITY. BIKE CAMP - WE ORGANIZED A SPRING AND SUMMER DAYTIME URBAN BIKE CAMP, ALLOWING YOUTH TO EXPLORE THE CITY BY BIKE AS A COHESIVE GROUP. IN 2022, WE HAD 47 BIKE CAMPERS PARTICIPATING OVER THE COURSE OF 5 WEEKS. EARN A BIKE - OUR "EARN A BIKE" PROGRAM IS A COMPREHENSIVE LEARNING EXPERIENCE WHERE YOUTH CONSTRUCT A BIKE FROM THE FRAME UP. THIS 6-SESSION COURSE EMPOWERS STUDENTS TO UNDERSTAND AND REPAIR THEIR BIKES PROGRESSIVELY. IN 2022, 18 STUDENTS SUCCESSFULLY COMPLETED THE PROGRAM AND EARNED A BIKE. BIKE RODEO - ENGAGING 338 YOUTH PARTICIPANTS IN 2022, OUR BIKE RODEO IS AN EXCITING EVENT THAT BLENDS BIKE SAFETY EDUCATION WITH FUN AND SKILL-BUILDING ACTIVITIES. THROUGH A SERIES OF INTERACTIVE STATIONS, PARTICIPANTS LEARN ABOUT ROAD SAFETY, HELMET USAGE, AND BASIC BIKE HANDLING SKILLS. IT'S A DYNAMIC WAY TO INSTILL ESSENTIAL SAFETY KNOWLEDGE WHILE FOSTERING A LOVE FOR CYCLING JUVENILE COURT PROGRAMMING - WE UNDERSTAND THE IMPORTANCE OF OFFERING ALTERNATIVES TO AT-RISK YOUTH. THROUGH OUR JUVENILE COURT DIVERSION PROGRAMMING, IN 2022, WE HELD 11 SESSIONS THAT PROVIDE A PATH TO REHABILITATION AND PERSONAL GROWTH, DIVERTING YOUNG PEOPLE FROM THE JUSTICE SYSTEM AND TOWARD A BRIGHTER FUTURE. ADULT PROGRAMMING WE ARE DEDICATED TO FOSTERING A VIBRANT COMMUNITY THROUGH THE POWER OF BICYCLES AND FOR MANY THEY ARE A CRITICAL TRANSPORTATION NEED. WE WANT BIKE RIDING TO BE ACCESSIBLE TO EVERYONE REGARDLESS OF ABILITY TO PAY. COMMUNITY TOOL SPACE - .OUR COMMUNITY TOOL SPACE SERVED 128 PARTICIPANTS IN 2022, PROVIDING A WELCOMING ENVIRONMENT FOR INDIVIDUALS TO ACCESS TOOLS AND RESOURCES FOR BIKE MAINTENANCE AND REPAIR. THIS UNIQUE COMMUNAL SPACE IS DESIGNED TO EMPOWER COMMUNITY MEMBERS TO BECOME MORE SELF-SUFFICIENT IN BIKE MAINTENANCE, FOSTERING A SENSE OF OWNERSHIP AND KNOWLEDGE WITHIN OUR DIVERSE CYCLING COMMUNITY. PEDAL IT FORWARD - IN 2022, WE PERFORMED 230 OR $10,000 WORTH OF CRITICAL TRANSPORTATION FOCUSED BIKE REPAIRS BIPOC PROGRAMMING - OUR BIPOC PROGRAMS ACTIVELY WORK TO DIVERSIFY THE CYCLING COMMUNITY. IN 2022, WE HOSTED 6 BIPOC EVENTS WITH 75 PARTICIPANTS. COMMUNITY EVENTS - THROUGHOUT THE SPRING AND SUMMER, WE ORGANIZED 7 COMMUNITY SLOW RIDES TO ADVOCATE FOR SAFER STREETS FOR CYCLISTS, ATTRACTING A TOTAL OF 120 PARTICIPANTS. PEDALS FOR THE PEOPLE - OUR BIKE GIFTING PROGRAM, "PEDALS FOR THE PEOPLE," GAVE AWAY 117 BIKES WITH LIGHTS, LOCKS AND HELMETS. APPROXIMATELY $46,000 IN VALUE GIVEN TO LOW INCOME BICYCLE RIDERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Noah Struthers Executive Dir. | Trustee | 40 | $56,841 |
Dan Maize Chairman | OfficerTrustee | 2 | $0 |
Tracy Oster Chairman | OfficerTrustee | 0 | $0 |
Christopher James Secretary | OfficerTrustee | 0 | $0 |
Jen Doseti Treasurer | OfficerTrustee | 2 | $0 |
Carla Gramlich Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $142,094 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $142,094 |
Total Program Service Revenue | $327,885 |
Investment income | $27 |
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 | $470,006 |
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. | $56,841 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $212,780 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $27,412 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,639 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $15,610 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $6,802 |
Office expenses | $13,563 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $53,725 |
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 | $4,249 |
Insurance | $12,338 |
All other expenses | $963 |
Total functional expenses | $505,466 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $63,240 |
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 | $28,310 |
Prepaid expenses and deferred charges | $915 |
Net Land, buildings, and equipment | $9,207 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $450 |
Total assets | $102,122 |
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 | $38,642 |
Total liabilities | $38,642 |
Net assets without donor restrictions | $63,480 |
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 | $102,122 |