Pikeride INC FY2022 filing

Tax-deductible

Colorado Spgs, CO501(c)(3)Recreation & SportsEIN 83-4653044

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.
75¢ of each $1 spent went to programs.
$82K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2022 · 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
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$82K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
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
$80K
16% of total assets
Looks good: liabilities are 16% 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
$371K
-45% vs prior year
Spent
$607K
To programs
75%
Net assets
$424K
By yearFY2020–FY2024
Revenue
$371K
FY2022▼ -45%
Revenue by fiscal year
FY2020$657K
FY2021$671K
FY2022$371K
FY2023$585K
FY2024$422K
Expenses
$607K
FY2022▲ +21%
Expenses by fiscal year
FY2020$422K
FY2021$501K
FY2022$607K
FY2023$568K
FY2024$619K
Net assets
$424K
FY2022▼ -36%
Net assets by fiscal year
FY2020$489K
FY2021$660K
FY2022$424K
FY2023$441K
FY2024$244K

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 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

75 cents of each dollar spent went to programs.

Program services 75% · $456K Management & general 22% · $136K Fundraising 3% · $15K

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

Who runs it and what they're paid

11 people listed on the 990; $82K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$81,748Pt VII · Sec A
$0Pt VII · Sec A
Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$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.

See Pikeride 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 15aNo

Programs and updates

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

Provided by the organization

This section is blank until Pikeride INC claims this page.

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1 program service account for $456K of program spending, described in the organization's own filed words · FY2022.
01

2022 was another year of growth for pikeride with a 48% increase in ridership from the previous year, 10 new hubs installed, more than 52,500 miles traveled on pikerides, over 1,800 free trips provided to our community, 18 bike valets hosted, 30 people served with weride memberships and served over 6,160 people with a fun, healthy…

$456Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$18K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$371K
Ln 12
Gifts and grantsLn 1h$276K
Fees for servicesLn 2g$111K
Money outPt IX
$607K
Ln 25
Programscol B$456K
Managementcol C$136K
Fundraisingcol D$15K
Owns and owesPt X
$424K
net assets · Ln 32
Cash and savingsLn 1–2$78K
Total assetsLn 16$504K
LiabilitiesLn 26$80K
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$276K
Government grantsLn 1e$125K
Fees for servicesLn 2g$111K
Gains on assetsLn 7−$16K
Total revenueLn 12$371K
Assets in detailPt X, end of year
CashLn 1$78K
Cash and savings togetherLn 1–2$78K
InvestmentsLn 11–13$14K
Land, buildings, equipmentLn 10c$342K
Total assetsLn 16$504K
LiabilitiesLn 26$80K
Net assetsLn 32$424K
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 FY22End FY22
Cash and savingsLn 1–2$222K$78K
InvestmentsLn 11–13$14K
Land, buildings, equipmentLn 10c$439K$342K
Total assetsLn 16$741K$504K
LiabilitiesLn 26$81K$80K
Net assetsLn 32$660K$424K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$92K$64K$24K$4K
Other salaries and wagesLn 7$191K$133K$50K$9K
Other employee benefitsLn 9$15K$10K$4K$823
Payroll taxesLn 10$24K$17K$6K$995
Accounting feesLn 11c$19K$19K
Other fees for servicesLn 11g$78K$78K
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$21K$11K$9K$34
Information technologyLn 14$695$687$6$2
Depreciation, depletion and amortizationLn 22$97K$86K$11K
InsuranceLn 23$21K$20K$1K$222
Other expenses (24a–d)Ln 24$38K$28K$10K$16
All other expensesLn 24e$946$143$803
Total functional expensesLn 25$607K$456K$136K$15K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $422K$619K−$197K$244K 990 PDF
FY2023 $585K$568K$17K$441K 990 PDF
FY2022 Viewing $371K$607K−$236K$424K 990 PDF
FY2021 $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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $370,789 across 7 lines filed
VIII-1e Government grants$125,376
VIII-1f All other contributions, gifts and grants$150,215
VIII-1h Total contributions, gifts and grants$275,591
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $110,706$110,706
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$15,947−$15,947
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $439$439
VIII-12 Total revenueRelated to mission $111,145 · Unrelated business $0 · Excluded from tax −$15,947$370,789
Part IX · Statement of functional expenses $607,056 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $64,052 · Management $23,973 · Fundraising $4,362$92,387
IX-7 Other salaries and wagesPrograms $132,743 · Management $49,682 · Fundraising $9,040$191,465
IX-9 Other employee benefitsPrograms $9,859 · Management $4,001 · Fundraising $823$14,683
IX-10 Payroll taxesPrograms $16,955 · Management $6,038 · Fundraising $995$23,988
IX-11c Accounting feesManagement $19,195$19,195
IX-11g Other fees for servicesPrograms $78,391$78,391
IX-12 Advertising and promotionPrograms $9,349$9,349
IX-13 Office expensesPrograms $11,059 · Management $9,440 · Fundraising $34$20,533
IX-14 Information technologyPrograms $687 · Management $6 · Fundraising $2$695
IX-22 Depreciation, depletion and amortizationPrograms $85,551 · Management $11,082$96,633
IX-23 InsurancePrograms $19,583 · Management $1,102 · Fundraising $222$20,907
IX-24 Other expenses (24a–d)Programs $27,523 · Management $10,345 · Fundraising $16$37,884
IX-24e All other expensesPrograms $143 · Management $803$946
IX-25 Total functional expensesPrograms $455,895 · Management $135,667 · Fundraising $15,494$607,056
Part X · Balance sheet $503,678 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $221,913$77,642
X-4 Accounts receivableStart of year $37,516$28,346
X-9 Prepaid expenses and deferred chargesStart of year $3,866$5,538
X-10c Land, buildings and equipment, netStart of year $438,720$341,941
X-12 Other securities$14,346
X-14 Intangible assetsStart of year $39,288$35,865
X-16 Total assetsStart of year $741,303$503,678
X-17 Accounts payable and accrued expensesStart of year $15,550$23,358
X-19 Deferred revenueStart of year $65,833$56,667
X-26 Total liabilitiesStart of year $81,383$80,025
X-27 Net assets without donor restrictionsStart of year $659,920$423,653
X-32 Total net assets or fund balancesStart of year $659,920$423,653
X-33 Total liabilities and net assetsStart of year $741,303$503,678
Part XI · Reconciliation of net assets $423,653 net assets at year end
XI-1 Total revenue$370,789
XI-2 Total expenses$607,056
XI-3 Revenue less expenses−$236,267
XI-4 Net assets at start of year$659,920
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$423,653

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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