Queen City Bicycle Collective EIN 47-4147461

Queen City Bicycle Collective

EIN  47-4147461 Public charity (501(c)(3)) Manchester, NH
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Helps the community ride bikes safely and affordably.
Leadership
Tyler Glodt · Executive Di · $65K
Money in and out
$327K revenue, $263K expenses
Bottom line
86% program efficiency

Helps the community ride bikes safely and affordably. For fiscal year 2025 it reported $327K in revenue, $263K in expenses, and $293K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$327K
Pt VIII · Ln 12
Total expenses
$263K
Pt IX · Ln 25
Net assets
$293K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $63K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.12 Fundraising $0.02
Program efficiency
86%
of spending reaches programs0% vs prior filing year
Operating runway
13.6mo
months of highly liquid reserves at operating expense rate▲ +9% vs prior filing year
Surplus margin
+19%
revenue over expenses, this year▲ ×10 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$327K
FY2025▲ +45%
Expenses
$263K
FY2025▲ +19%
Total assets
$316K
FY2025▲ +30%
Total liabilities
$23K
FY2025▲ +84%
Total revenue
$327K
Pt VIII · Ln 12
Total expenses
$263K
Pt IX · Ln 25
Net assets
$293K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$63K
Total assetsPt X · Ln 16$316K
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

3 program services account for $226K of program spending, described in the organization's own filed words · FY2024.
01

Open Shop/Affordable Bikes

QC bike operates a community oriented "do-it- together" repair shop, where bicycle users take the lead in fixing their bikes with the guidance and support of staff and volunteers. Whenever possible, the tools are in the bikeowner's hands. Repairs are completed using mostly recycled parts, keeping costs affordable.

$105Kprogram expense
02

Vouchered Bike Programs

QC bike offers various vouchered programs, supported by grant or donor funds, where a bike package (consisting of a refurbished bike, lights, lock, and helmet) is provided free, or at a nominal cost, to the end user.

$76Kprogram expense
03

Community Outreach

QC bike continues to expand our efforts to cultivate and nurture the bike community in manchester. We offered 20 community group rides; held AND/OR participated in many local events, including by providing valet bike parking; and provided repair and maintenance services to bike repair stations and outdoor pumps at various locations…

$45Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CQueen City Bicycle Collective
EINHdr · item D47-4147461
Principal addressHdr · item CManchester, NH
WebsiteHdr · item Jwww.qcbike.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S99)
Ruling yearIRS BMFSep 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Di
$64,620Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Tyler Glodt’s $65K as Executive Di is at the 41st percentile of top reported officer pay among 1711 $100K–1M 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Tyler Glodt$64,620$62,400$49,700$45,900$47,350

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$123K · 38%
Program service revenue$109K · 33%
Other revenue$86K · 26%
Investment income$10K · 3%
Contributions & grants38%$123K
Program service revenue33%$109K
Other revenue26%$86K
Investment income3%$10K
— government grantsLn 1e$66K
Total revenueLn 12$327K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.12 Fundraising $0.02
Program services86%$226K
Management & general12%$32K
Fundraising2%$6K
Total functional expensesLn 25$263K

Balance Sheet

Part X · end of year
CashLn 1$299K
Total assetsLn 16$316K
Total liabilitiesLn 26$23K
Total net assetsLn 32$293K
Months of cash on handcomputed13.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $299K · Operating expenses/yr $263K
13.6 months
Where the money goes
Program services
Program services $226K · Total expenses $263K
86%
Management & General
Management & general $32K · Total expenses $263K
12%
Fundraising
Fundraising $6K · Total expenses $263K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $101K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $123K · Total revenue $327K
38%
Government reliance
Government grants $66K · Total revenue $327K
20%
Earned-income share
Program service revenue $109K · Total revenue $327K
33%
Investment reliance
Investment income $10K · Total revenue $327K
+3%
Program self-sufficiency
Program service revenue $109K · Total expenses $263K
41%
Growth & trend
Revenue growth (YoY)
This year $327K · Prior year $226K
+45%
Revenue CAGR
FY2020 $156K · FY2024 $327K
+20%
Net-asset trend (YoY)
End of year $293K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $327K · Expenses $263K
+19%
Liabilities-to-Assets
Total liabilities — · Total assets $316K
Net-asset ratio
Net assets $293K · Total assets $316K
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $316K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tyler Glodt · Reported title EXECUTIVE DI · Highest reported compensation $65K · Total expenses $263K
25%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $158K · Total expenses $263K
60%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 12%
Fundraising cost ratio 5%
Revenue growth 45%
Accounting fee ratio 1%

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
See all 7 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
FY2025 (Latest)$327K revenue · viewing · ⤓ 990 PDF
FY2024$226K revenue · ⤓ 990 PDF
FY2023$270K revenue · ⤓ 990 PDF
FY2022$294K revenue · ⤓ 990 PDF
FY2021$156K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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