MAIN LINE CYCLE CENTER (EIN 275500795) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

Jeremy Wagner

Phone

6512220775

Tax Period

2023-01-01 to 2023-12-31

MAIN LINE CYCLE CENTER, founded in 2011, is a small nonprofit in the Public & Societal Benefit sector that reported $194K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $242K exceeded revenue, resulting in a 24% operating deficit.

Mission

Lowertown Bike Shop (LBS) is dedicated to providing sustainable transportation options using recycled bikes and parts. LBS provides educational opportunities to promote health, safety, environmental awareness, and connectedness within our community.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1

Other Revenue $194,223

TOTAL REVENUE $194,224

Expense Breakdown

Grants Paid $0

Salaries & Benefits $143,190

Fundraising Expenses $0

Program Expenses $177,698

Other Expenses $98,512

TOTAL EXPENSES $241,702

Year-over-Year Comparison

	2023	2022	Change
Revenue	$194,224	$239,038	-0.2%
Expenses	$241,702	$227,019	+0.1%
Net Income	$-47,478	$12,019	-5.0%

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

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$35,984

Total Directors

$35,984

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeremy Wagner	Executive Director	40	Officer Director	$35,984	$0	$35,984
Lauren Bartley	Board President	1	Officer Director	$0	$0	$0
Jeremy Wendt	Vice President	1	Officer Director	$0	$0	$0
William Armstrong	Treasurer	1	Officer Director	$0	$0	$0
Jake McLawhorn	Board Member	5	Director	$0	$0	$0
Emilie Hance	Board Member	1	Director	$0	$0	$0
Andy Zurn	Board Member	4	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	$194,224	$241,702	$275,464	$-47,478
2022	$239,038	$227,019	$319,634	$12,019
2021	$226,065	$243,342	$282,828	$-17,277
2020	$333,273	$209,288	$229,080	$123,985
2019	$193,430	$162,075	$136,457	$31,355
2018	$181,092	$165,565	$113,722	$15,527

MAIN LINE CYCLE CENTER