FRANKLINTON CYCLEWORKS

EIN: 274196075 501(c)(3) Philanthropy & Grantmaking

COLUMBUS, OH

Total Revenue
$555,367
Total Expenses
$532,478
Total Assets
$766,921
Net Assets
$373,211
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
OH
Principal Officer
JONATHAN YOUNGMAN
Tax Period
2024-01-01 to 2024-12-31

FRANKLINTON CYCLEWORKS, founded in 2010, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $555K in total revenue in fiscal year 2024. Expenses of $532K left a modest 4% surplus.

Mission

WE BRING THE COMMUNITY TOGETHER THROUGH BICYCLING. OUR COMMUNITY BICYCLE SHOP IS DIFFERENT FROM A REGULAR BICYCLE SHOP. AROUND HERE, BIKE REPAIR IS A COOPERATIVE EFFORT RATHER THAN A WAY TO MAKE MONEY.WHAT WE'RE DOING ISN'T JUST ABOUT BUILDING BIKES. OUR SHOP SPACE, STANDS,AND TOOLS ARE AVAILABLE FREE OF COST FOR ANYONE WHO WANTS TO WORK ON HIS ORHER BIKE. VOLUNTEER MECHANICS ARE ON HAND TO SHARE THEIR KNOWLEDGE ANDEXPERIENCE.FCW IS A PLACE OF CO-WORKING AND CO-LEARNING. WE BELIEVE EVERYONE HASSOMETHING TO LEARN AND SOMETHING TO OFFER WHICH MEANS NO MATTER WHO YOUARE, YOU HAVE A PLACE AT FCW. TOGETHER, WE'RE BUILDING MORE CONNECTED, MOREEMPOWERED INDIVIDUALS AND A MORE VIBRANT NEIGHBORHOOD.FCW IS ALSO A RECYCLING CENTER. WE ACCEPT ANY AND ALL BICYCLE RELATEDDONATIONS REGARDLESS OF CONDITION. WE REFURBISH AND RE-PURPOSE WHAT WE CANAND RECYCLE ANYTHING THAT'S NO LONGER USABLE. WE THROW AWAY AS LITTLE ASPOSSIBLE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $155,953
Program Service Revenue $397,508
Investment Income $310
Other Revenue $1,596
TOTAL REVENUE $555,367

Expense Breakdown

Grants Paid $0
Salaries & Benefits $283,232
Fundraising Expenses $0
Program Expenses $409,332
Other Expenses $249,246
TOTAL EXPENSES $532,478

Year-over-Year Comparison

2024 2023 Change
Revenue $555,367 $515,870 +0.1%
Expenses $532,478 $438,657 +0.2%
Net Income $22,889 $77,213 -0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
9
Employees
12
Volunteers
34

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
5
$64,407
Total Directors
10
$64,407
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN YOUNGMAN EXECUTIVE DIRECTOR 1.00
Officer Director
$64,407 $0 $64,407
DANA DORSEY IMMEDIATE PAST CHAIR 0.00
Officer Director
$0 $0 $0
BRENT ADLER BOARD MEMBER 0.00
Director
$0 $0 $0
BETH SPEARS SECRETARY 0.00
Officer Director
$0 $0 $0
JOHN TURVY TREASURER 0.00
Officer Director
$0 $0 $0
KEVIN DUBENION BOARD MEMBER 0.00
Director
$0 $0 $0
MARCUS ROTH BOARD MEMBER 0.00
Director
$0 $0 $0
OLABISI EDDY BOARD CHAIR 0.00
Officer Director
$0 $0 $0
LAUREN BENNER BOARD MEMBER 0.00
Director
$0 $0 $0
SCOTT ULRICH BOARD MEMBER 0.00
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 $555,367 $532,478 $766,921 $22,889
2023 $515,870 $438,657 $756,220 $77,213
2022 $377,591 $329,681 $711,236 $47,910
2021 $344,883 $353,859 $700,289 $-8,976
2020 $240,989 $185,806 $666,036 $55,183
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