Queen City Bicycle Collective
- Assets
- $179.8k
- Revenue
- $293.7k
- Investments
- $0.0
- Employees
- 6
- Location
- Manchester, NH
- Founding
- 09/2019
- Data as of
- 03/2022
- EIN
- 47-4147461
Organization Overview
Queen City Bicycle Collective is located in Manchester, NH. The organization was established in 2019. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 03/2022, Queen City Bicycle Collective employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Queen City Bicycle Collective 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 03/2022, Queen City Bicycle Collective generated $293.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 37.2% each year . All expenses for the organization totaled $186.4k during the year ending 03/2022. While expenses have increased by 28.9% per year over the past 2 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
QUEEN CITY BICYCLE COLLECTIVE'S MISSION IS TO GET, AND KEEP, THE MANCHESTER COMMUNITY RIDING BICYCLES, SAFELY AND AFFORDABLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPEN SHOP/DO-IT-TOGETHER BIKE REPAIR SERVICES: QC BIKE PROVIDES DO-IT- TOGETHER BIKE REPAIR SERVICES FOR THE COMMUNITY. THE TOOLS ARE IN THE BIKE USERS' HANDS WHENEVER POSSIBLE. WE USE MOSTLY RECYCLED PARTS, CULLED FROM DONATED BIKES. THERE WERE 1,016 DOCUMENTED SERVICE VISITS BY 559 UNIQUE INDIVIDUALS DURING THIS FY.
COMMUNITY OUTREACH: IN FY 21, QC BIKE EXPANDED ITS EFFORTS BEYOND THE PREVIOUS THREE ACCOMPLISHMENTS TO CULTIVATE AND NURTURE THE BIKE COMMUNITY IN MANCHESTER. WE EMPLOYED TWO COMMUNICATIONS MANAGERS; HELD EIGHT COMMUNITY EVENTS; AND, IN PARTNERSHIP WITH THE CITY, INSTALLED TEN BIKE- RELATED AMENITIES IN PUBLIC PLACES, THROUGHOUT MANCHESTER.
VOUCHERED PROGRAMS, SUPPORTED BY GRANT/DONOR FUNDS, WHERE THE BIKE IS FREE OR VERY AFFORDABLE TO THE END USER. THE LARGEST SUCH PROGRAM WE OFFER IS EARN-A-BIKE. IN PARTNERSHIP WITH MANCHESTER HEALTH DEPARTMENT, QC BIKE PROVIDES 120-150 BIKE PACKAGES (CONSISTING OF REFURBISHED BIKES, LIGHTS, LOCKS & HELMETS) TO HIGH-ACHIEVING 4TH & 5TH GRADERS AT 2 LOCAL ELEMENTARY SCHOOLS.
OPEN SHOP/SALE OF BICYCLES: QC BIKE TAKES IN DONATED BIKES AND REBUILDS OR SCRAPS THEM FOR PARTS. ALL WORN MATERIALS (INCLUDING TIRES & TUBES) ARE RECYCLED RESPONSIBLY. RECYCLED PARTS ARE USED TO REBUILD BIKES OR REPAIR BIKES DURING OPEN SHOP. THERE WERE 170 BIKES REBUILT AND SOLD THIS YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyler Glodt Director, Ma | Trustee | 40 | $45,900 |
Abigail Easterly Director | Trustee | 30 | $0 |
Kyle Winters Director | Trustee | 2 | $0 |
Peter Burant Director | Trustee | 1 | $0 |
Matthew Grote President | Trustee | 5 | $0 |
Kim Keegan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $208,590 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $216,090 |
| Total Program Service Revenue | $77,572 |
| Investment income | $0 |
| 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 | $293,662 |
| 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. | $48,688 |
| Compensation of current officers, directors, key employees. | $4,869 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,874 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,979 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,292 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,841 |
| Office expenses | $1,986 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,428 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $252 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,448 |
| All other expenses | $177 |
| Total functional expenses | $186,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,946 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,653 |
| 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 | $8,250 |
| Total assets | $179,849 |
| Accounts payable and accrued expenses | $9,548 |
| 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 | $9,548 |
| Net assets without donor restrictions | $170,301 |
| 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 | $179,849 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Queen City Bicycle Collective has recieved totaling $18,976.
| Awarding Organization | Amount |
|---|---|
Volunteer Nh Concord, NH PURPOSE: VOLUNTEER TRAINING | $18,976 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bottom Line Inc Boston, MA | $17,407,844 | $19,309,420 |
Neighborhood Stabilization Corporation Boston, MA | $29,880,510 | $6,854,139 |
Hunt Community Nashua, NH | $57,177,918 | $15,936,193 |
The Fund For Parks And Recreation In Boston Boston, MA | $15,922,090 | $6,711,889 |
128 West Transportation Council Inc Waltham, MA | $2,138,696 | $3,791,714 |
Mass Mentoring Partnership Inc Boston, MA | $3,908,855 | $3,737,455 |
Innovation Network For Communities Tamworth, NH | $2,636,975 | $4,286,946 |
New Garden Park Inc Worcester, MA | $35,860,729 | $21,019,526 |
Associated General Contractors Of Massachusetts Inc Wellesley, MA | $1,261,141 | $1,745,997 |
Building Trades Employers Association Of Boston & Eastern Ma Braintree, MA | $2,429,269 | $1,872,935 |
Lever Inc North Adams, MA | $349,644 | $605,277 |
Association For Commuter Transportation Sharon, MA | $568,138 | $791,548 |