Bikeshare Hawaii FY2020 filing

Honolulu, HIUnknown exempt organization EIN 46-4561541Revenue $347K in FY2020Latest return filed May 1, 2025

On file with the IRSbikesharehawaii.orgPo Box 2362 · Honolulu, HI

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Bikeshare hawaii's mission is to provide the public with high quality, convenient, reliable and affordable Bikeshare services that enhance community health and livability, strengthen our public transportation system, and connect people to more places where they live, work and play throughout Hawaii nei.

78¢ of each $1 spent went to programs.
$103K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $415K a year · 156% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$103K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $45K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$139K
9% of total assets
Looks good: liabilities are 9% 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
$347K
Spent
$962K
To programs
78%
Net assets
$1.4M
By yearFY2020–FY2024
Revenue
$347K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$347K
FY2021$346K
FY2022$275K
FY2023$307K
FY2024$51K
Expenses
$962K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$962K
FY2021$796K
FY2022$775K
FY2023$743K
FY2024$123K
Net assets
$1.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$1.0M
FY2022$508K
FY2023$72K
FY2024$0

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $752K Management & general 12% · $117K Fundraising 10% · $93K

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

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Who runs it and what they're paid

9 people listed on the 990; $103K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$103,000Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Todd Boulanger$66,017$116,440$108,150$107,935$103,000

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 Bikeshare Hawaii executive salaries →

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 15aNo

Programs and updates

Offers affordable bike rentals to improve health, transportation, and community connections.

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1 program · $752K · in their own filed words · FY2020
01

Substantially all of the organization's expenses were for activities to support the launch and operation of a bikeshare system in honolulu, including equipment selection, station site planning, brand development, community outreach, public relations, and fundraising. The bikeshare system, known as "biki," was launched on june 28, 2017.

$752Kprogram expense

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 · FY2023
Total grants receivedfrom 2 funders$45K

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Dec 2018 · $2.2M federal money spent
Highway Planning and ConstructionDepartment of Transportation · ALN 20.205 · Through City and County of Honolulu$2.2M

The auditor reported no findings.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$347K
Ln 12
Gifts and grantsLn 1h$347K
Money outPt IX
$962K
Ln 25
Programscol B$752K
Managementcol C$117K
Fundraisingcol D$93K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$220K
Total assetsLn 16$1.5M
LiabilitiesLn 26$139K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$347K
Government grantsLn 1e$50K
Total revenueLn 12$347K
Assets in detailPt X, end of year
CashLn 1$220K
Cash and savings togetherLn 1–2$220K
Land, buildings, equipmentLn 10c$1.3M
Total assetsLn 16$1.5M
LiabilitiesLn 26$139K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 52
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$329K$220K
Land, buildings, equipmentLn 10c$1.8M$1.3M
Total assetsLn 16$2.1M$1.5M
LiabilitiesLn 26$88K$139K
Net assetsLn 32$2.0M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$111K$67K$17K$28K
Other salaries and wagesLn 7$79K$47K$12K$20K
Other employee benefitsLn 9$8K$5K$1K$2K
Payroll taxesLn 10$23K$14K$3K$6K
Management feesLn 11a$3K$3K
Legal feesLn 11b$10K$10K
Accounting feesLn 11c$34K$34K
Other fees for servicesLn 11g$5K$5K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$5K$5K
TravelLn 17$542$542
Conferences, conventions and meetingsLn 19$321$321
Depreciation, depletion and amortizationLn 22$454K$454K
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$218K$166K$15K$38K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$962K$752K$117K$93K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS May 1, 2025 $51K$123K−$72K$0 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $307K$743K−$436K$72K 990 PDF
FY2022Filed with the IRS Nov 6, 2023 $275K$775K−$501K$508K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $346K$796K−$449K$1.0M 990 PDF
FY2020 ViewingFiled with the IRS Nov 15, 2021 $347K$962K−$614K$1.4M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $347,336 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $477,092$347,336
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $477,092$347,336
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $273,224$220,569
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $766,624$741,204
I-18 Total expensesPrior year $1,039,848$961,773
I-19 Revenue less expensesPrior year −$562,756−$614,437
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $347,336 across 4 lines filed
VIII-1e Government grants$49,862
VIII-1f All other contributions, gifts and grants$297,474
VIII-1h Total contributions, gifts and grants$347,336
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$347,336
Part IX · Statement of functional expenses $961,773 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $66,870 · Management $16,717 · Fundraising $27,864$111,451
IX-7 Other salaries and wagesPrograms $47,220 · Management $11,805 · Fundraising $19,675$78,700
IX-9 Other employee benefitsPrograms $4,671 · Management $1,167 · Fundraising $1,948$7,786
IX-10 Payroll taxesPrograms $13,579 · Management $3,394 · Fundraising $5,659$22,632
IX-11a Management feesManagement $2,700$2,700
IX-11b Legal feesManagement $9,845$9,845
IX-11c Accounting feesManagement $33,732$33,732
IX-11g Other fees for servicesManagement $5,330$5,330
IX-12 Advertising and promotionManagement $1,822$1,822
IX-13 Office expensesManagement $4,736$4,736
IX-17 TravelManagement $542$542
IX-19 Conferences, conventions and meetingsManagement $321$321
IX-22 Depreciation, depletion and amortizationPrograms $453,806$453,806
IX-23 InsuranceManagement $8,642$8,642
IX-24 Other expenses (24a–d)Programs $165,560 · Management $14,677 · Fundraising $37,623$217,860
IX-24e All other expensesManagement $1,868$1,868
IX-25 Total functional expensesPrograms $751,706 · Management $117,298 · Fundraising $92,769$961,773
Part X · Balance sheet $1,534,756 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $329,344$219,656
X-10c Land, buildings and equipment, netStart of year $1,768,906$1,315,100
X-16 Total assetsStart of year $2,098,250$1,534,756
X-17 Accounts payable and accrued expensesStart of year $88,239$86,690
X-24 Unsecured notes and loans payable$52,492
X-26 Total liabilitiesStart of year $88,239$139,182
X-27 Net assets without donor restrictionsStart of year $1,796,038$1,380,601
X-28 Net assets with donor restrictionsStart of year $213,973$14,973
X-32 Total net assets or fund balancesStart of year $2,010,011$1,395,574
X-33 Total liabilities and net assetsStart of year $2,098,250$1,534,756
Part XI · Reconciliation of net assets $1,395,574 net assets at year end
XI-1 Total revenue$347,336
XI-2 Total expenses$961,773
XI-3 Revenue less expenses−$614,437
XI-4 Net assets at start of year$2,010,011
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,395,574

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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