Pikeride INC FY2023 filing

Tax-deductible

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

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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.
76¢ of each $1 spent went to programs.
$83K 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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FY2023 · 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
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$83K
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
2 mo
of spending, in cash
Fine: 1.6 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
$103K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 10 voting members
Looks good: 9 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
$585K
+58% vs prior year
Spent
$568K
To programs
76%
Net assets
$441K
By yearFY2020–FY2024
Revenue
$585K
FY2023▲ +58%
Revenue by fiscal year
FY2020$657K
FY2021$671K
FY2022$371K
FY2023$585K
FY2024$422K
Expenses
$568K
FY2023▼ -6%
Expenses by fiscal year
FY2020$422K
FY2021$501K
FY2022$607K
FY2023$568K
FY2024$619K
Net assets
$441K
FY2023▲ +4%
Net assets by fiscal year
FY2020$489K
FY2021$660K
FY2022$424K
FY2023$441K
FY2024$244K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 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

76 cents of each dollar spent went to programs.

Program services 76% · $434K Management & general 20% · $113K Fundraising 4% · $22K

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; $83K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$46,423Pt VII · Sec A
Executive Director
$35,478Pt VII · Sec A
$1,125Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$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

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1 program · $434K · in their own filed words · FY2023
01

Since 2018, pikeride has positively impacted the city of colorado springs through sustainable and active transportation improving air quality, physical and mental health, and reducing single occupancy vehicle trips. In 2022, pikeride expanded service to manitou springs connecting the two communities with ebikes.

$434Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$585K
Ln 12
Gifts and grantsLn 1h$493K
Fees for servicesLn 2g$88K
Other incomeLn 4–11$3K
Money outPt IX
$568K
Ln 25
Programscol B$434K
Managementcol C$113K
Fundraisingcol D$22K
Owns and owesPt X
$441K
net assets · Ln 32
Cash and savingsLn 1–2$76K
Total assetsLn 16$544K
LiabilitiesLn 26$103K
PeoplePt VI, VII
11
listed · VII A
PaidVII A3
Voting boardVI 1a10
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$493K
Government grantsLn 1e$353K
Fees for servicesLn 2g$88K
Investment incomeLn 3$1K
Other incomeLn 4–11$3K
Gains on assetsLn 7$1K
Total revenueLn 12$585K
Assets in detailPt X, end of year
CashLn 1$76K
Cash and savings togetherLn 1–2$76K
InvestmentsLn 11–13$14K
Land, buildings, equipmentLn 10c$379K
Total assetsLn 16$544K
LiabilitiesLn 26$103K
Net assetsLn 32$441K
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 FY23End FY23
Cash and savingsLn 1–2$78K$76K
InvestmentsLn 11–13$14K$14K
Land, buildings, equipmentLn 10c$342K$379K
Total assetsLn 16$504K$544K
LiabilitiesLn 26$80K$103K
Net assetsLn 32$424K$441K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$89K$59K$24K$7K
Other salaries and wagesLn 7$155K$103K$40K$12K
Other employee benefitsLn 9$19K$13K$5K$1K
Payroll taxesLn 10$23K$15K$6K$2K
Accounting feesLn 11c$19K$19K
Other fees for servicesLn 11g$86K$86K$6$2
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$8K$5K$4K$14
Depreciation, depletion and amortizationLn 22$103K$100K$3K
InsuranceLn 23$24K$23K$1K$320
Other expenses (24a–d)Ln 24$35K$30K$5K$21
All other expensesLn 24e$934$649$285
Total functional expensesLn 25$568K$434K$113K$22K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $422K$619K−$197K$244K 990 PDF
FY2023 Viewing $585K$568K$17K$441K 990 PDF
FY2022 $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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $585,388 across 7 lines filed
VIII-1e Government grants$353,073
VIII-1f All other contributions, gifts and grants$139,544
VIII-1h Total contributions, gifts and grants$492,617
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $88,437$88,437
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,142$1,142
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,192$3,192
VIII-12 Total revenueRelated to mission $91,629 · Unrelated business $0 · Excluded from tax $1,142$585,388
Part IX · Statement of functional expenses $568,465 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $58,592 · Management $24,093 · Fundraising $6,631$89,316
IX-7 Other salaries and wagesPrograms $103,252 · Management $40,474 · Fundraising $11,685$155,411
IX-9 Other employee benefitsPrograms $12,797 · Management $4,969 · Fundraising $1,353$19,119
IX-10 Payroll taxesPrograms $15,220 · Management $5,751 · Fundraising $1,669$22,640
IX-11c Accounting feesManagement $19,347$19,347
IX-11g Other fees for servicesPrograms $86,307 · Management $6 · Fundraising $2$86,315
IX-12 Advertising and promotionManagement $4,363$4,363
IX-13 Office expensesPrograms $4,725 · Management $3,587 · Fundraising $14$8,326
IX-22 Depreciation, depletion and amortizationPrograms $99,640 · Management $3,423$103,063
IX-23 InsurancePrograms $22,903 · Management $1,083 · Fundraising $320$24,306
IX-24 Other expenses (24a–d)Programs $29,889 · Management $5,415 · Fundraising $21$35,325
IX-24e All other expensesPrograms $649 · Management $285$934
IX-25 Total functional expensesPrograms $433,974 · Management $112,796 · Fundraising $21,695$568,465
Part X · Balance sheet $543,856 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $77,642$76,271
X-4 Accounts receivableStart of year $28,346$37,818
X-9 Prepaid expenses and deferred chargesStart of year $5,538$4,285
X-10c Land, buildings and equipment, netStart of year $341,941$378,694
X-12 Other securitiesStart of year $14,346$14,346
X-14 Intangible assetsStart of year $35,865$32,442
X-16 Total assetsStart of year $503,678$543,856
X-17 Accounts payable and accrued expensesStart of year $23,358$37,447
X-19 Deferred revenueStart of year $56,667$65,833
X-26 Total liabilitiesStart of year $80,025$103,280
X-27 Net assets without donor restrictionsStart of year $423,653$420,576
X-28 Net assets with donor restrictions$20,000
X-32 Total net assets or fund balancesStart of year $423,653$440,576
X-33 Total liabilities and net assetsStart of year $503,678$543,856
Part XI · Reconciliation of net assets $440,576 net assets at year end
XI-1 Total revenue$585,388
XI-2 Total expenses$568,465
XI-3 Revenue less expenses$16,923
XI-4 Net assets at start of year$423,653
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$440,576

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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