Community Cycles EIN 06-1719094 Form 990 (PDF) Claim this org

Community Cycles FY2020 filing

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Promotes cycling as affordable, viable, and sustainable transportation through education and advocacy. For fiscal year 2020 it reported $999K in revenue, $747K in expenses, and $3.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Boulder, CO
Website
www.communitycycles.org
Filings
5 on file (2020–2020)
Revenue
$999KFY2020
Expenses
$747K
Net assets
$3.1M
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  06-1719094 Public charity (501(c)(3)) Boulder, CO
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Promotes cycling as affordable, viable, and sustainable transportation through education and advocacy.
Leadership
Sue Prant · Executive Dir. · $64K
Money in and out
$999K revenue, $747K expenses
Bottom line
76% program efficiency
Where the money goes · FY2020
Total revenue
$999K
Pt VIII · Ln 12
Total expenses
$747K
Pt IX · Ln 25
Net assets
$3.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $253K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.11 Fundraising $0.13
Program efficiency
76%
of spending reaches programs
Operating runway
24.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+25%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$999K
FY2020
Expenses
$747K
FY2020
Total assets
$3.1M
FY2020
Total liabilities
$29K
FY2020
Total revenue
$999K
Pt VIII · Ln 12
Total expenses
$747K
Pt IX · Ln 25
Net assets
$3.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$253K
Total assetsPt X · Ln 16$3.1M
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $565K of program spending, described in the organization's own filed words · FY2020.
01

Educational and Retail Shop

Our in-house educational program teaches people how to repair bikes. The students strip and refurbish donated bikes which we either recycle or sell to support bicycle commuting in our community. At the end of the program, the students build and take home a bike.

$453Kprogram expense
02

Outreach and Bike Ambassadors

Our outreach program serves to educate and encourage potential new bicyclists and to advocate bicycles as a safe and viable means of primary transportation. We hold in-house workshops, attend and hold events, hold classes at employer sites and schools, send newsletters,etc., to accomplish this.

$65Kprogram expense
03

Walk and Bike Month

During Walk and Bike Month, we encourage people to try out bicycling as a means of commuting to work. For 2020, due to COVID restrictions, we held asynchronous and online events to encourage people to keep cycling in their community.

$46Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCommunity Cycles
EINHdr · item D06-1719094
Principal addressHdr · item CBoulder, CO
WebsiteHdr · item Jwww.communitycycles.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S20)
Ruling yearIRS BMFFeb 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$64,460Pt VII · Sec A
$7,150Pt VII · Sec A
Secretary
$513Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Sue Prant’s $76K as Executive Dir. is at the 9th percentile of top reported officer pay among 2834 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sue Prant$75,610$71,800$67,480$63,460$64,460
Sandee Cirian$13,275$20,265$7,150
Ann Haebig$887$513

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$621K · 62%
Other revenue$248K · 25%
Program service revenue$124K · 12%
Investment income$6K · 1%
Contributions & grants62%$621K
Other revenue25%$248K
Program service revenue12%$124K
Investment income1%$6K
— government grantsLn 1e$202K
Total revenueLn 12$999K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.11 Fundraising $0.13
Program services76%$565K
Management & general11%$84K
Fundraising13%$97K
Total functional expensesLn 25$747K

Balance Sheet

Part X · end of year
CashLn 1$1.0M
Total assetsLn 16$3.1M
Total liabilitiesLn 26$29K
Total net assetsLn 32$3.1M
Months of cash on handcomputed16.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.0M · Operating expenses (Pt IX) $747K · Less non-cash grants $259K · Cash operating expenses/yr $488K
24.6 months
Where the money goes
Program services
Program services $565K · Total expenses $747K
76%
Management & General
Management & general $84K · Total expenses $747K
11%
Fundraising
Fundraising $97K · Total expenses $747K
13%
Cost to raise $1
Fundraising expense $97K · Solicited contributions $419K
$0.23 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $621K · Total revenue $999K
62%
Government reliance
Government grants $202K · Total revenue $999K
20%
Earned-income share
Program service revenue $124K · Total revenue $999K
12%
Investment reliance
Investment income $6K · Total revenue $999K
+0.6%
Program self-sufficiency
Program service revenue $124K · Total expenses $747K
17%
Growth & trend
Revenue growth (YoY)
This year $999K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $3.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $999K · Expenses $747K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $3.1M
Net-asset ratio
Net assets $3.1M · Total assets $3.1M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $3.1M
0%
People & payroll
Highest Reported Total Compensation
Individual Sue Prant · Reported title Executive Dir. · Highest reported compensation $64K · Total expenses $747K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $518K · Total expenses $747K
69%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 11%
Fundraising cost ratio 16%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.3%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$83K
See all 4 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.1M revenue · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$919K revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$999K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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