Bike New York Inc

EIN: 134069149 501(c)(3) Recreation & Sports

New York, NY

Total Revenue
$6,357,016
Total Expenses
$6,177,286
Total Assets
$4,556,324
Net Assets
$2,144,815
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NY
Principal Officer
Kenneth J Podziba
Phone
2128702080
Tax Period
2023-01-01 to 2023-12-31

Bike New York Inc, founded in 2000, is a community nonprofit in the Recreation & Sports sector that reported $6.4M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

To promote and encourage bicycling and bicycle safety through education, public events, and collaboration with community and government organizations.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $206,990
Program Service Revenue $6,150,026
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,357,016

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,288,082
Fundraising Expenses $147,964
Program Expenses $3,889,119
Other Expenses $2,889,204
TOTAL EXPENSES $6,177,286

Year-over-Year Comparison

2023 2022 Change
Revenue $6,357,016 $6,859,968 -0.1%
Expenses $6,177,286 $6,553,176 -0.1%
Net Income $179,730 $306,792 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
199
Volunteers
3500

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$574,725
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kenneth J Podziba Prseident/CEO 4.00
Director
$0 $0 $0
Henry Chin Treasurer 2.00
Director
$0 $0 $0
Stuart Krohnengold Secretary 2.00
Director
$0 $0 $0
William D Pettit Board Member 2.00
Director
$0 $0 $0
William Mastro Board Member 2.00
Director
$0 $0 $0
Jennifer Powell Board Member 2.00
Director
$0 $0 $0
Howard Robbins Board Member 2.00
Director
$0 $0 $0
Matthew Rogers Board Member 2.00
Director
$0 $0 $0
Kenneth J Podziba President/CEO 55.00
Officer
$292,436 $4,180 $296,616
Andrew S Gould COO 55.00
Officer
$268,549 $9,560 $278,109
Thurstan Bannister Board Member 2.00
Director
$0 $0 $0
Steven Vaccaro Board Member 2.00
Director
$0 $0 $0
Leonard Diamond Board Chariman 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $6,357,016 $6,177,286 $4,556,324 $179,730
2022 No data No data No data No data
2021 $4,298,085 $4,829,497 $3,514,778 $-531,412
2020 $2,379,962 $3,304,578 $4,166,926 $-924,616
2019 $6,461,543 $6,399,423 $2,662,274 $62,120
2018 $6,709,215 $6,726,923 $5,192,511 $-17,708
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