BICYCLE COOPERATIVE OF FORT COLLINS

EIN: 263547740 501(c)(3) Community Improvement

FORT COLLINS, CO

Total Revenue
$154,978
Total Expenses
$175,453
Total Assets
$861,483
Net Assets
$451,554
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CO
Principal Officer
DOUGLAS CUTTER
Phone
9704843804
Tax Period
2023-01-01 to 2023-12-31

BICYCLE COOPERATIVE OF FORT COLLINS, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $155K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $175K exceeded revenue, resulting in a 13% operating deficit.

Mission

BUILDING COMMUNITY THROUGH BICYCLING 1. TO KEEP OUR COMMUNITY RIDING, INCLUDING THOSE WHO CAN'T AFFORD TO BUY A BIKE. 2. TO EDUCATE OUR NEIGHBORS IN ALL THINGS BIKE-RELATED INCLUDING BIKE MAINTENANCE, BICYCLE EDUCATION AND SAFETY. 3. TO KEEP GOOD BIKES OUT OF THE LANDFILL AND TO RECYCLE POORLY BUILT OR UNSAFE BIKES. 4. TO REFURBISH AND DONATE BICYCLES FOR A WIDE VARIETY OF CHARITY EVENTS AND PROGRAMS FOR THOSE IN NEED. WE SERVE OVER 1000 CLIENTS ANNUALLY PROVIDING THEM LOW COST MEANS TO REPAIR THEIR BICYCLES.

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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 $18,581
Program Service Revenue $0
Investment Income $24
Other Revenue $136,373
TOTAL REVENUE $154,978

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,819
Fundraising Expenses $0
Program Expenses $147,855
Other Expenses $84,634
TOTAL EXPENSES $175,453

Year-over-Year Comparison

2023 2022 Change
Revenue $154,978 $170,705 -0.1%
Expenses $175,453 $174,434 +0.0%
Net Income $-20,475 $-3,729 +4.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
6
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUGLAS CUTTER PRESIDENT 2.00
Officer Director
$0 $0 $0
TIMOTHY ANDERSON VICE PRESIDE 15.00
Officer Director
$0 $0 $0
TOM OVERTON TREASURER 8.00
Officer Director
$0 $0 $0
JOHNATHAN LOK SECRETARY 2.00
Officer Director
$0 $0 $0
MATT ERICKSON DIRECTOR 1.00
Director
$0 $0 $0
JIM KANTER DIRECTOR 1.00
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
2024 No data No data No data No data
2023 $154,978 $175,453 $861,483 $-20,475
2022 $170,705 $174,434 $899,200 $-3,729
2021 $153,981 $127,702 $921,616 $26,279
2020 $148,186 $115,431 $926,561 $32,755
2019 $143,303 $141,156 $841,554 $2,147
2018 $129,729 $123,173 $852,790 $6,556
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