Pikeride INC FY2021 filing

Tax-deductible

Colorado Spgs, CO501(c)(3)Recreation & SportsEIN 83-4653044Revenue $671K in FY2021

On file with the IRSpikeride.org739 E Pikes Peak Ave, 80903-3633 · Colorado Spgs, COTax-exempt since Nov 2019Publicly supported charity — 170(b)(1)(A)(vi)

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To elevate our community with a fun, healthy, planet friendly and cost-effective way to get around.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$75K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
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
3 of 5
filings with a surplus
Average deficit $2K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$75K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $18K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$81K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$671K
+2% vs prior year
Spent
$501K
To programs
77%
Net assets
$660K
By yearFY2020–FY2024
Revenue
$671K
FY2021▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$657K
FY2021$671K
FY2022$371K
FY2023$585K
FY2024$422K
Expenses
$501K
FY2021▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020$422K
FY2021$501K
FY2022$607K
FY2023$568K
FY2024$619K
Net assets
$660K
FY2021▲ +35%
Tap a bar for its year
Net assets by fiscal year
FY2020$489K
FY2021$660K
FY2022$424K
FY2023$441K
FY2024$244K

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 (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2019.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $387K Management & general 20% · $100K Fundraising 3% · $14K

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

11 people listed on the 990; $75K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$75,000Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Committee Member
$0Pt VII · Sec A

Tara McCarthy’s $83K as Executive Director is at the 86th 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Tara McCarthy$83,072$46,423———
Jolie Nesmith—$35,478$81,748$75,000$75,553
Carrie Simison—$1,125———

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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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

Promote fun, healthy, planet-friendly, and affordable transportation options for the community.

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Provided by the organization

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1 program · $387K · in their own filed words · FY2021
01

During 2021, pikeride continue to see significant growth by offering over 300 bikes and more than 50 community hubs. Pikeride experienced an over 60% increase in ridership and served more than 6,400 people with a fun, healthy, planet-friendly, and cost-effective way to get around.

$387Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$18K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$671K
Ln 12
Gifts and grantsLn 1h$541K
Fees for servicesLn 2g$126K
Other incomeLn 4–11$4K
Money outPt IX
$501K
Ln 25
Programscol B$387K
Managementcol C$100K
Fundraisingcol D$14K
Owns and owesPt X
$660K
net assets · Ln 32
Cash and savingsLn 1–2$222K
Total assetsLn 16$741K
LiabilitiesLn 26$81K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$541K
Government grantsLn 1e$341K
Noncash giftsLn 1g$15K
Fees for servicesLn 2g$126K
Other incomeLn 4–11$4K
Total revenueLn 12$671K
Assets in detailPt X, end of year
CashLn 1$222K
Cash and savings togetherLn 1–2$222K
Land, buildings, equipmentLn 10c$439K
Total assetsLn 16$741K
LiabilitiesLn 26$81K
Net assetsLn 32$660K
OperationsPt I, VI
EmployeesI 513
VolunteersI 69
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 FY21End FY21
Cash and savingsLn 1–2$148K$222K
Land, buildings, equipmentLn 10c$320K$439K
Total assetsLn 16$524K$741K
LiabilitiesLn 26$34K$81K
Net assetsLn 32$489K$660K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$85K$59K$21K$5K
Other salaries and wagesLn 7$128K$89K$31K$7K
Other employee benefitsLn 9$8K$6K$2K$447
Payroll taxesLn 10$20K$14K$5K$1K
Accounting feesLn 11c$24K$24K
Other fees for servicesLn 11g$88K$88K
Advertising and promotionLn 12$10K$10K$743
Office expensesLn 13$8K$5K$4K$14
Information technologyLn 14$753$744$7$2
Depreciation, depletion and amortizationLn 22$75K$71K$4K
InsuranceLn 23$19K$17K$1K$258
Other expenses (24a–d)Ln 24$33K$27K$6K$13
All other expensesLn 24e$2K$489$2K$28
Total functional expensesLn 25$501K$387K$100K$14K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $422K$619K−$197K$244K 990 PDF
FY2023 $585K$568K$17K$441K 990 PDF
FY2022 $371K$607K−$236K$424K 990 PDF
FY2021 Viewing $671K$501K$171K$660K 990 PDF
FY2020 $657K$422K$235K$489K 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 (6 parts)
Part I · Summary $671,180 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $564,038$541,066
I-9 Program service revenuePrior year $71,472$126,310
I-10 Investment incomePrior year −$1,167$0
I-11 Other revenuePrior year $23,136$3,804
I-12 Total revenuePrior year $657,479$671,180
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 $219,807$240,011
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $202,349$260,575
I-18 Total expensesPrior year $422,156$500,586
I-19 Revenue less expensesPrior year $235,323$170,594
Part VI · Governance 10 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
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 $671,180 across 7 lines filed
VIII-1e Government grants$340,617
VIII-1f All other contributions, gifts and grants$200,449
VIII-1g Noncash contributions (included above)$15,001
VIII-1h Total contributions, gifts and grants$541,066
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $126,310$126,310
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,804$3,804
VIII-12 Total revenueRelated to mission $130,114 · Unrelated business $0 · Excluded from tax $0$671,180
Part IX · Statement of functional expenses $500,586 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $59,161 · Management $20,695 · Fundraising $4,663$84,519
IX-7 Other salaries and wagesPrograms $89,331 · Management $31,249 · Fundraising $7,040$127,620
IX-9 Other employee benefitsPrograms $5,676 · Management $1,985 · Fundraising $447$8,108
IX-10 Payroll taxesPrograms $13,835 · Management $4,839 · Fundraising $1,090$19,764
IX-11c Accounting feesManagement $23,757$23,757
IX-11g Other fees for servicesPrograms $87,898$87,898
IX-12 Advertising and promotionPrograms $9,534 · Management $743$10,277
IX-13 Office expensesPrograms $4,717 · Management $3,709 · Fundraising $14$8,440
IX-14 Information technologyPrograms $744 · Management $7 · Fundraising $2$753
IX-22 Depreciation, depletion and amortizationPrograms $71,245 · Management $3,654$74,899
IX-23 InsurancePrograms $17,454 · Management $1,080 · Fundraising $258$18,792
IX-24 Other expenses (24a–d)Programs $27,169 · Management $6,201 · Fundraising $13$33,383
IX-24e All other expensesPrograms $489 · Management $1,859 · Fundraising $28$2,376
IX-25 Total functional expensesPrograms $387,253 · Management $99,778 · Fundraising $13,555$500,586
Part X · Balance sheet $741,303 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $148,006$221,913
X-4 Accounts receivableStart of year $6,083$37,516
X-9 Prepaid expenses and deferred chargesStart of year $6,984$3,866
X-10c Land, buildings and equipment, netStart of year $319,716$438,720
X-14 Intangible assetsStart of year $42,942$39,288
X-16 Total assetsStart of year $523,731$741,303
X-17 Accounts payable and accrued expensesStart of year $20,104$15,550
X-19 Deferred revenueStart of year $14,301$65,833
X-26 Total liabilitiesStart of year $34,405$81,383
X-27 Net assets without donor restrictionsStart of year $489,326$659,920
X-32 Total net assets or fund balancesStart of year $489,326$659,920
X-33 Total liabilities and net assetsStart of year $523,731$741,303
Part XI · Reconciliation of net assets $659,920 net assets at year end
XI-1 Total revenue$671,180
XI-2 Total expenses$500,586
XI-3 Revenue less expenses$170,594
XI-4 Net assets at start of year$489,326
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$659,920

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

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