BIKING FOR A BETTER WORLD INC (EIN 383732935) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

JAKE SPERO

Phone

5304010513

Tax Period

2023-01-01 to 2023-12-31

BIKING FOR A BETTER WORLD INC, founded in 2006, is a small nonprofit in the International Affairs sector that reported $264K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

THE PURPOSE OF BIKING FOR A BETTER WORLD, INC. IS TO BRING THE JOY OF BIKING TO OUR REGION. BIKING FOR A BETTER WORLD FOSTERS NATIONAL AND INTERNATIONAL AMATEUR SPORTS COMPETITION, WHICH WILL BE ACCOMPLISHED BY, AMONG OTHER THINGS, CONDUCTING FUNDRAISING, PROVIDING INSTRUCTION ON THE SPORT OF BIKING AND PROMOTING THE SAME, BUILDING COMMUNITY BIKE PARKS AND BIKE TRAILS, HOSTING AMATEUR BIKE RACES, AND HOSTING AND PROMOTING YOUTH ACTIVITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $110,300

Program Service Revenue $115,162

Investment Income $0

Other Revenue $38,164

TOTAL REVENUE $263,626

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,238

Program Expenses $243,285

Other Expenses $275,129

TOTAL EXPENSES $276,129

Year-over-Year Comparison

	2023	2022	Change
Revenue	$263,626	$337,468	-0.2%
Expenses	$276,129	$238,592	+0.2%
Net Income	$-12,503	$98,876	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAKE SPERO	PRESIDENT	N/A	Officer Director	$0	$0	$0
CHRIS BARKMAN	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
VINCENT ZACHA HERTHEL	SECRETARY	N/A	Officer 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	$263,626	$276,129	$543,773	$-12,503
2022	$337,468	$238,592	$555,781	$98,876
2021	$242,721	$150,958	$456,219	$91,763
2020	$174,426	$78,630	$365,020	$95,796
2019	$88,660	$58,473	$236,224	$30,187
2018	$87,731	$68,745	$218,122	$18,986

BIKING FOR A BETTER WORLD INC