Houston Bike Share
- Assets
- $1.8m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 28
- Location
- Houston, TX
- Founding
- 06/2012
- Data as of
- 12/2022
- EIN
- 45-3612683
Organization Overview
Houston Bike Share is located in Houston, TX. The organization was established in 2012. According to its NTEE Classification (S19) the organization is classified as: Support N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Houston Bike Share employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston Bike Share 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, Houston Bike Share generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $1.9m during the year ending 12/2022. While expenses have increased by 17.5% 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 DEVELOP AND OPERATE A NETWORK OF BIKE SHARE STATIONS THOUGHOUT THE CITY OF HOUSTON TO ALLOW CITY RESIDENTS AND VISITORS ANOTHER TRANSPORTATION OPTION TO MOVE AROUND THE CITY AND ENCOURAGE A HEALTHY LIFESTYLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES BIKE SHARING TO THE RESIDENCE OF HOUSTON TO PROMOTE CLEAN AIR TRANSPORTATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Mcclarty Director | OfficerTrustee | 2 | $0 |
Paul Sorelle Director | Trustee | 2 | $0 |
Michele Nezi Marvin Director | Trustee | 2 | $0 |
Michael Skelly Director | Trustee | 2 | $0 |
Ujari Mohite Director | Trustee | 2 | $0 |
Chris Dray Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $703,990 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $703,990 |
| Total Program Service Revenue | $1,048,145 |
| Investment income | $1,085 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$25,932 |
| Net Income from Fundraising Events | $4,152 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,777,045 |
| 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 | $749,038 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,880 |
| Payroll taxes | $57,667 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $93,685 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,508 |
| Advertising and promotion | $11,071 |
| Office expenses | $4,017 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,381 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,589 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $216,272 |
| Insurance | $91,983 |
| All other expenses | -$142,865 |
| Total functional expenses | $1,885,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,059 |
| Savings and temporary cash investments | $162,711 |
| 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 | $9,850 |
| Net Land, buildings, and equipment | $1,384,526 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $130,407 |
| Total assets | $1,752,553 |
| 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 | $46,927 |
| Total liabilities | $46,927 |
| Net assets without donor restrictions | $1,517,505 |
| Net assets with donor restrictions | $188,121 |
| 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 | $1,752,553 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
1004 7th Avenue Holding Corporation Fort Worth, TX | $0 | $10,316,540 |
National Association Of Educational Procurement Inc Oklahoma City, OK | $2,011,817 | $2,627,401 |
Houston Bike Share Houston, TX | $1,752,553 | $1,777,045 |
Toolbank Usa Inc Houston, TX | $783,958 | $1,414,670 |
Fostering Family Houston, TX | $577,218 | $996,600 |
Ftw Booster Club Inc New Orleans, LA | $613,648 | $954,668 |
Bentonville-Bella Vista Chamber Of Commerce Foundation Inc Bentonville, AR | $515,587 | $81,239 |
Texas Associtation Of Business & Chambers Of Commerce Foundation Austin, TX | $374,000 | $257,590 |
East Texas Speakers Forum Longview, TX | $183,367 | $819,490 |
Culture Of Health - Advancing Together Pearland, TX | $300,756 | $446,829 |
Circa 1859 Inc Jonesboro, AR | $27,655 | $0 |
Alice Volunteer Services Alice, TX | $628,703 | $170,580 |
Pilot Point Neighborhood Events Inc Pilot Point, TX | $0 | $27,401 |
Texas Rural Water Foundation Austin, TX | $174,659 | $0 |
Two Steppers Sugar Land, TX | $0 | $0 |