BICYCLES FOR HUMANITY - COLORADO

EIN: 261141564 501(c)(3) International Affairs

Denver, CO

Total Revenue
$233,526
Total Expenses
$177,700
Total Assets
$160,357
Net Assets
$160,357
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CO
Principal Officer
Joshua Pace
Phone
4157172771
Tax Period
2023-09-01 to 2024-08-31

BICYCLES FOR HUMANITY - COLORADO, founded in 2008, is a small nonprofit in the International Affairs sector that reported $234K in total revenue in fiscal year 2023. Revenue surged 76% from the prior year, signaling strong growth momentum. The organization ran a surplus of $56K, a strong 24% operating margin.

Mission

Bicycles for Humanity gathers donated bikes and ships them to our 10 community based bike shops in Africa. The bikes are then used to improved access to healthcare, employment and education.

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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 $228,547
Program Service Revenue $0
Investment Income $4,979
Other Revenue $0
TOTAL REVENUE $233,526

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,300
Fundraising Expenses $0
Program Expenses $8,000
Other Expenses $175,400
TOTAL EXPENSES $177,700

Year-over-Year Comparison

2023 2022 Change
Revenue $233,526 $132,639 +0.8%
Expenses $177,700 $147,513 +0.2%
Net Income $55,826 $-14,874 -4.8%
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
3
Independent Members
3
Employees
N/A
Volunteers
12

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joshua Pace President 12
Officer
$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 $233,526 $177,700 $160,357 $55,826
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