Lucky To Ride
- Assets
- $413.1k
- Revenue
- $718.8k
- Investments
- $0.0
- Employees
- 19
- Location
- Sheridan, CO
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 84-1581186
Organization Overview
Lucky To Ride, operating under the name Lucky Bikes Re-Cyclery, is located in Sheridan, CO. The organization was established in 2001. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Lucky Bikes Re-Cyclery employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lucky Bikes Re-Cyclery 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, Lucky Bikes Re-Cyclery generated $718.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $533.1k during the year ending 12/2021. While expenses have increased by 2.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER AT-RISK AND DISADVANTAGED YOUTH USING THE BICYCLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LUCKY BIKE CLUB: THE LUCKY BIKE CLUB IS A 20-HOUR STEM-BASED BICYCLE EDUCATION COURSE DEVELOPED TO PROVIDE YOUTH (2ND-4TH GRADE) WITH THE BASIC UNDERSTANDING OF THE BICYCLE AS A SIMPLE MACHINE AND HOW IT WORKS. IN ADDITION TO THE 10 HOURS OF TECHNICAL TRAINING IN THE CLASSROOM, STUDENTS GET 10 HOURS OF RIDING AND BIKE SAFETY INSTRUCTION OUT ON THE TRAIL.
LEARN TO EARN: GEARED FOR MIDDLE SCHOOL AND HIGH SCHOOL AGED KIDS, THIS 5-DAY (10 HOUR) STEM-BASED COURSE (ALIGNED WITH COLORADO STATE STANDARDS) TEACHES PARTICIPANTS ABOUT THE BICYCLE AS A SIMPLE MACHINE HOW IT WORKS, HOW TO REPAIR IT AND HOW TO RIDE SAFELY. INSTRUCTORS PLACE AN EMPHASIS ON TEACHING VALUABLE LIFE SKILLS ALONG THE WAY. UPON COMPLETION OF THE MULTI-SESSION COURSE, GRADUATES RECEIVE THEIR OWN BIKE, A NEW HELMET, LOCK AND TOOL KIT. THERE WERE 140 PARTICIPANTS IN 2021.
RIDE PROGRAM: WE PROVIDE ADVENTURE-FILLED, DAYLONG AND AFTER SCHOOL MOUNTAIN BIKE OUTINGS FOR SMALL GROUPS OF YOUTH AGES 10 AND UP. TRIPS ARE LED BY OUR EXPERIENCED RIDE LEADERS WHO, WITH THE HELP OF SKILLED ADULT VOLUNTEERS, PROVIDE POSITIVE ENCOURAGEMENT THROUGHOUT THE CHALLENGING DAY ON THE TRAIL. KIDS LEARN BASIC MOUNTAIN BIKING SKILLS, BIKE SAFETY, AND RIDING TECHNIQUES. THERE WERE 735 PARTICIPANTS IN 2021.
YOUTH@WORK: YOUTH@WORK IS A 3-MONTH PAID INTERNSHIP PROGRAM THAT ALLOWS YOUTH 14-20 YEARS OLD TO GAIN VALUABLE, ON-THE-JOB RETAIL/SERVICE TRAINING AT OUR SOCIAL ENTERPRISE BIKE SHOP, LUCKY BIKES RE-CYCLERY. THE PROGRAM SPECIFICALLY TARGETS AT RISK AND UNDERSERVED HIGH SCHOOL AGED KIDS WHO HAVE NO PRIOR WORK EXPERIENCE. THERE WERE 24 PARTICIPANTS IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Pasquini Executive Director | Officer | 40 | $85,678 |
Peter Robinson Secretary | OfficerTrustee | 5 | $0 |
Tony Giarratano President | OfficerTrustee | 5 | $0 |
Alina Acosta Treasurer | OfficerTrustee | 5 | $0 |
Will Soper Director | Trustee | 2 | $0 |
Andrew Goodwillie Board Emeritus | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $72,102 |
| All other contributions, gifts, grants, and similar amounts not included above | $318,727 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $390,829 |
| Total Program Service Revenue | $41,582 |
| Investment income | $14 |
| 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 | $285,739 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $718,849 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| Grants and other assistance to domestic individuals. | $3,575 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,878 |
| Compensation of current officers, directors, key employees. | $3,715 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $124,022 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,009 |
| Payroll taxes | $25,783 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $97 |
| Fees for services: Accounting | $33,420 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,915 |
| Advertising and promotion | $14,483 |
| Office expenses | $22,781 |
| Information technology | $10,531 |
| Royalties | $0 |
| Occupancy | $77,138 |
| Travel | $3,710 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $65 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,512 |
| Insurance | $3,941 |
| All other expenses | $4,709 |
| Total functional expenses | $533,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,746 |
| Savings and temporary cash investments | $222,856 |
| 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 | $64,600 |
| Prepaid expenses and deferred charges | $13,451 |
| Net Land, buildings, and equipment | $23,440 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $413,093 |
| Accounts payable and accrued expenses | $18,644 |
| 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 | $405 |
| Other liabilities | $0 |
| Total liabilities | $19,049 |
| Net assets without donor restrictions | $394,044 |
| 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 | $413,093 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Lucky To Ride has recieved totaling $73,159.
| Awarding Organization | Amount |
|---|---|
Denver Foundation Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $41,000 |
Rose Community Foundation Denver, CO PURPOSE: Learn To Earn And Youth@Work | $15,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $9,707 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,452 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Energy Outreach Colorado Denver, CO | $24,798,285 | $35,487,658 |
The Club At Las Campanas Inc Santa Fe, NM | $45,559,290 | $18,753,847 |
Adventure Unlimited Greenwood Village, CO | $23,684,181 | $7,013,028 |
Roundup River Ranch Gypsum, CO | $30,843,747 | $6,687,149 |
The Eagle Sky Foundation Edmond, OK | $61,888,849 | -$3,500,043 |
First Descents Denver, CO | $7,107,473 | $5,353,262 |
Colorado Rockies Bible Camp And Conference Inc Woodland Park, CO | $3,168,263 | $2,324,607 |
Camp Id-Ra-Ha-Je Association Bailey, CO | $7,834,282 | $2,562,617 |
Sos Outreach Avon, CO | $1,594,200 | $1,987,097 |
Camp Timberline Fort Collins, CO | $3,700,735 | $2,176,362 |
Young Americans Center For Financial Education Denver, CO | $4,183,298 | $2,339,040 |
Christian Camp And Conference Association International Colorado Springs, CO | $3,278,121 | $1,660,031 |