Project Bike Tech
Trains high school students in bicycle mechanics, opening career and educational paths. For fiscal year 2024 it reported $488K in revenue, $567K in expenses, and $-37K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Education
- Location
- Colorado Spgs, CO
- Website
- www.projectbiketech.org
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Bike Tech in School
(1) Project Bike Tech (PBT) has served more than 5000 students over the last 17 years. In 2024, PBT expanded and added new schools to reach over 1100 students each year. (2) The PBT in-schools program provides curriculum to better prepare students with career technical education, pathways, and content.
Expansion
Level 2 and eBike curriculum; apprenticeships, internships, and approved curriculum development. Expanding to middle schools, adult education and corrections/reform institutions - creating pathways all while expanding the bike tech classes to new schools nationwide.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Mercedes Ross’s $120K as Fundraising/Ex Exec Dir. is at the 90th percentile of top reported officer pay among 1616 $100K–1M education 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
| Name | FY2023 | FY2021 |
|---|---|---|
| Mercedes Ross | $120,000 | $114,880 |
| Brian Fisher | $65,000 | — |
| Jeff Donaldson | $26,923 | — |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 50% | — | — |
| Overhead ratio | 25% | — | — |
| Fundraising cost ratio | 219% | — | — |
| Revenue growth | -16% | — | — |
| Investment management fee ratio | 0% | — | — |
| Accounting fee ratio | 3% | — | — |
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
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Filings & Schedule Manifest
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Sources
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