Redemptive Cycles Services INC FY2021 filing

Tax-deductible

Birmingham, AL501(c)(3)Since 2014Recreation & SportsEIN 46-3471015

The mission is to make birmingham, al a more connected, comfortable and livable city through the use of bicycles. Bicycles are affordable transportation which fight traffic congestion and pollution in the city center while boosting health and fitness. The bicycle shop sells new and refurbished bicycles along with professional quality repairs based on a sliding scale for those in need. Those individuals that cannot afford a bicycle can participate in the "earn-a-bike" program where they work in the shop, learn how to repair and maintain a bicycle and earn a bicycle of their own.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $15K a year · 3% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $13K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$6K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$486K
+14% vs prior year
Spent
$407K
To programs
89%
Net assets
$198K
By yearFY2020–FY2025
Revenue
$486K
FY2021▲ +14%
Revenue by fiscal year
FY2020$426K
FY2021$486K
FY2022$457K
FY2023$483K
FY2024$432K
FY2025$583K
Expenses
$407K
FY2021▲ +21%
Expenses by fiscal year
FY2020$335K
FY2021$407K
FY2022$473K
FY2023$498K
FY2024$486K
FY2025$575K
Net assets
$198K
FY2021▲ +67%
Net assets by fiscal year
FY2020$118K
FY2021$198K
FY2022$182K
FY2023$167K
FY2024$112K
FY2025$120K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $363K Management & general 11% · $43K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Brian Gosdin’s $69K as Executive Director is at the 76th percentile of top reported officer pay among 1017 $100K–1M recreation & sports 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2020
Brian Gosdin$68,746$65,083$60,000—
Kathryn Doornbos———$2,500

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.

See Redemptive Cycles Services INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides affordable bikes and repairs, fostering a connected, livable city.

Provided by the organization

This section is blank until Redemptive Cycles Services INC claims this page.

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1 program service account for $363K of program spending, described in the organization's own filed words · FY2021.
01

Bicylce Sales and Repair Shop

$363Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$13K
See all 3 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$486K
Ln 12
Fees for servicesLn 2g$382K
Gifts and grantsLn 1h$103K
Investment incomeLn 3$13
Money outPt IX
$407K
Ln 25
Programscol B$363K
Managementcol C$43K
Owns and owesPt X
$198K
net assets · Ln 32
Cash and savingsLn 1–2$203K
Total assetsLn 16$204K
LiabilitiesLn 26$6K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$103K
Government grantsLn 1e$27K
Fees for servicesLn 2g$382K
Investment incomeLn 3$13
Total revenueLn 12$486K
Assets in detailPt X, end of year
CashLn 1$52K
SavingsLn 2$151K
Cash and savings togetherLn 1–2$203K
Land, buildings, equipmentLn 10c$725
Other assetsLn 15$45
Total assetsLn 16$204K
LiabilitiesLn 26$6K
Net assetsLn 32$198K
OperationsPt I, VI
EmployeesI 56
VolunteersI 695
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$148K$203K
Land, buildings, equipmentLn 10c$2K$725
Total assetsLn 16$153K$204K
LiabilitiesLn 26$35K$6K
Net assetsLn 32$118K$198K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$129K$96K$32K
Payroll taxesLn 10$10K$7K$2K
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$983$983
Office expensesLn 13$836$585$251
OccupancyLn 16$30K$30K
Depreciation, depletion and amortizationLn 22$1K$906$389
InsuranceLn 23$899$899
Other expenses (24a–d)Ln 24$214K$212K$2K
All other expensesLn 24e$16K$14K$3K
Total functional expensesLn 25$407K$363K$43K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $583K$575K$8K$120K 990 PDF
FY2024 $432K$486K−$55K$112K 990 PDF
FY2023 $483K$498K−$15K$167K 990 PDF
FY2022 $457K$473K−$16K$182K 990 PDF
FY2021 Viewing $486K$407K$79K$198K 990 PDF
FY2020 $426K$335K$91K$118K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $485,618 across 6 lines filed
VIII-1e Government grants$27,000
VIII-1f All other contributions, gifts and grants$76,255
VIII-1h Total contributions, gifts and grants$103,255
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $382,350$382,350
VIII-3 Investment incomeExcluded from tax $13$13
VIII-12 Total revenueRelated to mission $382,350 · Unrelated business $0 · Excluded from tax $13$485,618
Part IX · Statement of functional expenses $406,538 across 10 lines filed
IX-7 Other salaries and wagesPrograms $96,431 · Management $32,144$128,575
IX-10 Payroll taxesPrograms $7,342 · Management $2,447$9,789
IX-11c Accounting feesManagement $3,000$3,000
IX-12 Advertising and promotionPrograms $983$983
IX-13 Office expensesPrograms $585 · Management $251$836
IX-16 OccupancyPrograms $30,441$30,441
IX-22 Depreciation, depletion and amortizationPrograms $906 · Management $389$1,295
IX-23 InsurancePrograms $899$899
IX-24 Other expenses (24a–d)Programs $212,232 · Management $2,217$214,449
IX-24e All other expensesPrograms $13,509 · Management $2,762$16,271
IX-25 Total functional expensesPrograms $363,328 · Management $43,210 · Fundraising $0$406,538
Part X · Balance sheet $203,820 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $47,573$52,223
X-2 Savings and temporary cash investmentsStart of year $100,814$150,827
X-10c Land, buildings and equipment, netStart of year $2,020$725
X-15 Other assetsStart of year $45$45
X-16 Total assetsStart of year $153,422$203,820
X-17 Accounts payable and accrued expensesStart of year $7,979$6,297
X-24 Unsecured notes and loans payableStart of year $27,000$0
X-26 Total liabilitiesStart of year $34,979$6,297
X-27 Net assets without donor restrictionsStart of year $118,443$197,523
X-32 Total net assets or fund balancesStart of year $118,443$197,523
X-33 Total liabilities and net assetsStart of year $153,422$203,820
Part XI · Reconciliation of net assets $197,523 net assets at year end
XI-1 Total revenue$485,618
XI-2 Total expenses$406,538
XI-3 Revenue less expenses$79,080
XI-4 Net assets at start of year$118,443
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$197,523

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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