RENO BIKE PROJECT INC

EIN: 141988800 501(c)(3) Recreation & Sports

RENO, NV

Total Revenue
$778,691
Total Expenses
$810,301
Total Assets
$1,862,057
Net Assets
$1,850,628
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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
NV
Principal Officer
ANDY PERKINS
Phone
7753234488
Tax Period
2024-01-01 to 2024-12-31

RENO BIKE PROJECT INC, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $779K in total revenue in fiscal year 2024. Net assets of $1.9M represent 29 months of operating reserves.

Mission

PROMOTE BICYCLING AS AN EVERYDAY LIFESTYLE CHOICE IN THE TRUCKEE MEADOWS THROUGH BICYCLE MAINTENANCE, EDUCATION, AND PROMOTION OF BICYCLING EVENTS.

Program Service Accomplishments

Program 1
Expenses: $602,500 Revenue: $300,050

OPERATED A BIKE SHOP WITH VOLUNTEER MECHANICS AND EMPLOYED MECHANICS TO ASSIST THE GENERAL PUBLIC IN REPAIRING AND MAINTAINING THEIR BICYCLES. 21,087 INDIVIDUALS SERVED.

Program 2
Expenses: $434 Revenue: $86,510

OPERATED THE MAJOR TAYLOR RIDE CLUB WHICH IS AN AFTER-SCHOOL BICYCLE RIDING CLUB. 105 UNDER-SERVED AND DISADVANTAGED TEENS IN THE RENO-SPARKS AREA WERE TAUGHT ABOUT PHYSICAL FITNESS, NUTRITION, BIKE...

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OPERATED THE MAJOR TAYLOR RIDE CLUB WHICH IS AN AFTER-SCHOOL BICYCLE RIDING CLUB. 105 UNDER-SERVED AND DISADVANTAGED TEENS IN THE RENO-SPARKS AREA WERE TAUGHT ABOUT PHYSICAL FITNESS, NUTRITION, BIKE MAINTENANCE, SETTING AND MEETING GOALS, AND BIKE SAFETY THROUGH CLASSES HELD AT THE RENO BIKE PROJECT AND GROUP RIDES LED BY EXPERIENCED VOLUNTEER CYCLISTS. 96 PARTICIPANTS OF THE 105 COMPLETED THE PROGRAM

Program 3
Expenses: $23,288

OPERATED THE FUTURE CYCLE PROGRAM TO TEACH AT-RISK YOUNG ADULTS (16-24 YEARS OLD) A WIDE VARIETY OF JOB SKILLS. IN ADDITION TO BICYCLE REPAIR AND MAINTENACE, PARTICIPANTS LEARNED CUSTOMER SERVICE AND...

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OPERATED THE FUTURE CYCLE PROGRAM TO TEACH AT-RISK YOUNG ADULTS (16-24 YEARS OLD) A WIDE VARIETY OF JOB SKILLS. IN ADDITION TO BICYCLE REPAIR AND MAINTENACE, PARTICIPANTS LEARNED CUSTOMER SERVICE AND SALES SKILLS, COMMUNICATION AND JOB INTERVIEW SKILLS, AND UPON COMPLETION OF THE INITIAL TRAINING, THEY FINISHED THE 15 WEEK PROGRAM WITH AN EXTERNSHIP WITH A PARTNERING BICYCLE SHOP IN THE RENO AREA. DURING 2019, THERE WERE A TOTAL OF 4 PARTICIPANTS, AND 1 PARTICIPANT GRADUATED THE PROGRAM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $325,714
Program Service Revenue $386,560
Investment Income $66,417
Other Revenue $0
TOTAL REVENUE $778,691

Expense Breakdown

Grants Paid $0
Salaries & Benefits $550,516
Fundraising Expenses $147,261
Program Expenses $626,222
Other Expenses $259,785
TOTAL EXPENSES $810,301

Year-over-Year Comparison

2024 2023 Change
Revenue $778,691 $743,050 +0.0%
Expenses $810,301 $638,936 +0.3%
Net Income $-31,610 $104,114 -1.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
28
Volunteers
N/A

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
$80,212
Total Directors
9
$80,212
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDY PERKINS EXECUTIVE DI 40.00
Officer Director
$50,212 $0 $50,212
NOAH CHUBB-SILVERMAN DIRECTOR 40.00
Officer Director
$30,000 $0 $30,000
JOSEPH BRANDL DIRECTOR 2.00
Director
$0 $0 $0
SCOTT GIBSON DIRECTOR 2.00
Director
$0 $0 $0
HEATHER GOULDING DIRECTOR 2.00
Director
$0 $0 $0
ANGIE KIRK DIRECTOR 2.00
Director
$0 $0 $0
KYLE KOZAR DIRECTOR 2.00
Director
$0 $0 $0
MARLOWE KULLEY DIRECTOR 2.00
Director
$0 $0 $0
TERRY QUINT DIRECTOR 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
2024 $778,691 $810,301 $1,862,057 $-31,610
2023 $743,050 $638,936 $1,887,213 $104,114
2022 $1,507,228 $593,657 $1,783,294 $913,571
2021 $694,792 $581,343 $869,143 $113,449
2020 $487,327 $515,609 $816,904 $-28,282
2019 $1,042,927 $505,938 $780,310 $536,989
2018 $385,102 $436,426 $245,231 $-51,324
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