St Paul, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
Retail and repair shop level services for underserved riders: Lowertown Bike Shop focused it's efforts on providing a welcoming and educational experience to all forms of underserved riders. The...
Retail and repair shop level services for underserved riders: Lowertown Bike Shop focused it's efforts on providing a welcoming and educational experience to all forms of underserved riders. The bicycle industry defines an affordable bike as one costing below $1,000. LBS served populations of female, low income, racially diverse, homeless, mentally ill, developmentally disabled, urban commuter, and novice riders, many with a budget of less than $500. Many of these communities have been underserved by the bicycle industry. We have provided for these populations by supplying new and used bikes that fit all body types, riding styles, and every budget. We also accommodate these riders by custom building for their needs and budgets, often utilizing used parts and bikes. Lowertown Bike Shop built custom bikes to meet the needs of 56 people in 2023. Of those people, LBS donated 11 used bikes at no cost to the individual. LBS also supplied free and/or reduced cost bikes, parts, and services to 17 individuals in demonstrated need. Number of Persons Benefited: 84
Recycling and Reuse: Lowertown Bike Shop is dedicated to sustainability in the bicycling community. We have refurbished or found a home for over 88 used bikes in 2023. We have saved hundreds of bikes...
Recycling and Reuse: Lowertown Bike Shop is dedicated to sustainability in the bicycling community. We have refurbished or found a home for over 88 used bikes in 2023. We have saved hundreds of bikes from the landfill by keeping a stock of used bikes waiting to be fixed and rehabilitated for riders in need of a budget-friendly bike. Bikes that otherwise would have ended up in the trash. We participated in two community clean up events processing, recycling, and salvaging 45 bikes. We recycled at least 3820 pounds of scrap metal that would have ended up in the landfill, and recycled 220 tires and 300 tubes through our on-site recycling program. Number of Persons Benefited: 133
Educational and training services to employees and volunteers: Lowertown Bike Shop's volunteer program clocked a total of 463 volunteer hours. LBS allowed individuals to work off community service...
Educational and training services to employees and volunteers: Lowertown Bike Shop's volunteer program clocked a total of 463 volunteer hours. LBS allowed individuals to work off community service, or help fulfill an unemployment or school requirement. LBS also continued providing jobs and competitive wages in their community. They have made it a part of their training to educate their employees and volunteers in basic maintenance, fit, riding styles, bicycle recycling and reuse, barista and coffee service, and sales through education in a welcoming environment. They provide individuals the necessary skills to seek future employment in industries that require experience for hire. Number of Persons Benefited: 8
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 | $194,224 | $239,038 | -0.2% |
| Expenses | $241,702 | $227,019 | +0.1% |
| Net Income | $-47,478 | $12,019 | -5.0% |
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 |
|---|---|---|---|---|---|---|
| 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 |
| 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 |
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