Novato, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
Like many nonprofits in Africa, we believe that the bicycle provides a path towards solving many economic, social and health problems in Africa. Lack of transportation outside the main cities makes...
Like many nonprofits in Africa, we believe that the bicycle provides a path towards solving many economic, social and health problems in Africa. Lack of transportation outside the main cities makes it difficult for children to get to school, for adults to find work and for AIDS patients to get the medical attention they need. Bicycles make remote villages much more accessible, thereby improving the conditions of the inhabitants. In the interest of creating a long-term and self-sufficient improvement in the lives of these impoverished individuals, we endeavor to create a sustainable network of bicycle infrastructure, including the availability and affordability of bikes, widely available technical and repair know-how, and the availability of tools and necessary parts. Mikes Bikes Foundation has been working closely with local shop owners in Botswana, Namibia, Lesotho, Gaborone, Zimbabwe, Ghana and Kenya to provide the tools and capital necessary to start local bike shops. Of note, 1st female mechanic and shop owner has been successfully running her own business since 2021 in Lesotho.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Matt Adams | Treasurer/CFO | 5 |
Director
|
$0 | $0 | $0 |
| Julie Todd | Secretary | 5 |
Director
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$0 | $0 | $0 |
| Justin Lamb | President/CEO | 5 |
Director
|
$0 | $0 | $0 |
| 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 |
Compare THE MIKES BIKES FOUNDATION with other nonprofits in California and across the country.