PHOENIX BIKES

EIN: 208842260 501(c)(3) Recreation & Sports

ARLINGTON, VA

Total Revenue
$754,357
Total Expenses
$664,622
Total Assets
$492,449
Net Assets
$480,881
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
VA
Principal Officer
MICHALE MCCOMIS
Phone
7035757762
Tax Period
2023-01-01 to 2023-12-31

PHOENIX BIKES, founded in 2007, is a small nonprofit in the Recreation & Sports sector that reported $452K in total revenue in fiscal year 2020. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $387K left a modest 14% surplus.

Mission

HARNESSING THE POWER OF BIKES TO HELP YOUTH BUILD PASSION, PURPOSE AND A PLACE IN THE COMMUNITY.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $634,341
Program Service Revenue $0
Investment Income $4,048
Other Revenue $115,968
TOTAL REVENUE $754,357

Expense Breakdown

Grants Paid $0
Salaries & Benefits $454,202
Fundraising Expenses $95,318
Program Expenses $510,286
Other Expenses $210,420
TOTAL EXPENSES $664,622

Year-over-Year Comparison

2023 2022 Change
Revenue $754,357 $639,677 +0.2%
Expenses $664,622 $576,750 +0.2%
Net Income $89,735 $62,927 +0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
28
Volunteers
131

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
5
$85,000
Total Directors
10
$0
Key Employees
1
$85,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHALE MCCOMIS CHAIR 0.00
Officer
$0 $0 $0
JOSEPH VALERIO VICE CHAIR 0.00
Officer
$0 $0 $0
JOSEPH CORBETT TREASURER 0.50
Officer
$0 $0 $0
TARA PALACIOS SECRETARY 0.50
Officer
$0 $0 $0
JASON ANDELMAN MEMBER 0.50
Director
$0 $0 $0
PAYTON BAILEY MEMBER 1.00
Director
$0 $0 $0
STEVE CLAEYS MEMBER 0.50
Director
$0 $0 $0
MEGAN JONES MEMBER 0.50
Director
$0 $0 $0
JON LEVINE MEMBER 1.00
Director
$0 $0 $0
ARUNA MINHAS MEMBER 0.50
Director
$0 $0 $0
EDGAR NDJATOU MEMBER 0.50
Director
$0 $0 $0
HEATHER PRITCHETT MEMBER 0.50
Director
$0 $0 $0
CHRIS RANDLE MEMBER 1.50
Director
$0 $0 $0
TIMOTHY SLAPE MEMBER 0.50
Director
$0 $0 $0
EMILY GAGE EXECUTIVE DIRECTOR 40.00
Officer Key Emp Highest
$85,000 $0 $85,000
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 No data No data No data No data
2023 $754,357 $664,622 $492,449 $89,735
2022 $639,677 $576,750 $477,675 $62,927
2021 $507,320 $416,840 $420,519 $90,480
2020 $452,084 $387,029 $397,710 $65,055
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare PHOENIX BIKES with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.