Bikes for Goodness Sake

EIN: 262732773 501(c)(3) Human Services

Georgetown, TX

Total Revenue
$408,415
Total Expenses
$294,051
Total Assets
$172,396
Net Assets
$167,531
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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
2008
Legal Domicile
TX
Phone
5124681953
Tax Period
2024-01-01 to 2024-12-31

Bikes for Goodness Sake, founded in 2008, is a small nonprofit in the Human Services sector that reported $408K in total revenue in fiscal year 2024. The organization ran a surplus of $114K, a strong 28% operating margin.

Mission

Share the joy, fitness and goodness of bicycles with children who would not ordinarily get a bike.

🔒

Trantor Score

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

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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $408,415
Investment Income $0
Other Revenue $0
TOTAL REVENUE $408,415

Expense Breakdown

Grants Paid $0
Salaries & Benefits $44,776
Fundraising Expenses $22,733
Program Expenses $197,474
Other Expenses $249,275
TOTAL EXPENSES $294,051

Year-over-Year Comparison

2024 2023 Change
Revenue $408,415 N/A N/A
Expenses $294,051 N/A N/A
Net Income $114,364 N/A N/A
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
2
Independent Members
N/A
Employees
N/A
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
$38,857
Total Directors
2
$38,857
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark A Smith Executive Dir. 10.00
Officer Director
$20,857 $0 $20,857
Kenna L Smith President 40.00
Officer Director
$18,000 $0 $18,000
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 $408,415 $294,051 $172,396 $114,364
2022 $268,448 $268,448 $67,657 No data
2019 $254,787 $221,101 $54,824 $33,686
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Bikes for Goodness Sake with other nonprofits in Texas 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.