THE MIKES BIKES FOUNDATION

EIN: 263338639 501(c)(3) International Affairs

Novato, CA

Total Revenue
$185,100
Total Expenses
$125,273
Total Assets
$143,489
Net Assets
$143,489
🔒

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
CA
Principal Officer
Matt Adams
Phone
4155784008
Tax Period
2023-01-01 to 2023-12-31

THE MIKES BIKES FOUNDATION, founded in 2008, is a small nonprofit in the International Affairs sector that reported $185K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $60K, a strong 32% operating margin.

Mission

To assist in the development of an affordable and equitable bicycle infrastructure and support in developing nations where the bicycle can make an improvement in the general quality of life; To provide financing and mentoring to start-up bike dealers in an effort to strengthen and broaden the bicycle industry in nations of the developing world; To sponsor bike drives and facilitate the transportation of donated bikes to small retailers in developing countries; to educate local bicycle dealers in developing nations to improve the availability of bicycles and quality of service that local shops provide; To support local cycling culture, events and initiatives that bring people together and onto bikes.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $185,100
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $185,100

Expense Breakdown

Grants Paid $59,256
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $59,256
Other Expenses $66,017
TOTAL EXPENSES $125,273

Year-over-Year Comparison

2023 2022 Change
Revenue $185,100 $313,543 -0.4%
Expenses $125,273 $272,749 -0.5%
Net Income $59,827 $40,794 +0.5%
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
3
Independent Members
N/A
Employees
N/A
Volunteers
25

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Matt Adams Treasurer/CFO 5
Director
$0 $0 $0
Julie Todd Secretary 5
Director
$0 $0 $0
Justin Lamb President/CEO 5
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $185,100 $125,273 $143,489 $59,827
2022 $313,543 $272,749 $83,662 $40,794
2021 $251,833 $274,227 $42,868 $-22,394
2020 $193,665 $157,457 $66,793 $36,208
2019 $321,858 $319,359 $39,143 $2,499
2018 $198,459 $286,748 $26,555 $-88,289
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE MIKES BIKES FOUNDATION with other nonprofits in California and across the country.