Upcycle Bikes
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Refurbish and give away bikes to help people gain independence and opportunity. For fiscal year 2025 it reported $426K in revenue, $355K in expenses, and $301K in net assets.Pt I
Summary of the Filing
Where the work happens
Core distribution program- through this program we collect, refurbish, and donate bikes to individuals who need access to affordable tranpsporation. We accomplish with the help of our distribution partners.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Rick Armbruster’s $12K as Executive Director is at the 6th percentile of top reported officer pay among 2165 $100K–1M human services 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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 70% | — | — |
| Overhead ratio | 29% | — | — |
| Fundraising cost ratio | 2% | — | — |
| Revenue growth | -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
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Filings & Schedule Manifest
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Sources
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