BIKE NEWPORT

EIN: 453804746 501(c)(3) Environment

NEWPORT, RI

Total Revenue
$973,980
Total Expenses
$1,028,157
Total Assets
$585,930
Net Assets
$540,819
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
RI
Principal Officer
BARI FREEMAN
Phone
4016194900
Tax Period
2024-01-01 to 2024-12-31

BIKE NEWPORT, founded in 2011, is a small nonprofit in the Environment sector that reported $974K in total revenue in fiscal year 2024.

Mission

BIKE NEWPORT'S MISSION IS TO ENSURE THAT BICYCLING IS A VIABLE, SAFE, AND COMFORTABLE PRIMARY CHOICE FOR TRANSPORTATION AND RECREATION.

Program Service Accomplishments

Program 1
Expenses: $309,161 Revenue: $128,525

COMMUNITY BUILDING: WE WORK TO NURTURE A CULTURE WHICH EFFECTIVELY SUPPORTS INDIVIDUALS IN RIDING BIKES MORE OFTEN AND GROWING COMMUNITY-WIDE ENTHUSIASM AND INSPIRATION AROUND BIKES. EXAMPLES OF...

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COMMUNITY BUILDING: WE WORK TO NURTURE A CULTURE WHICH EFFECTIVELY SUPPORTS INDIVIDUALS IN RIDING BIKES MORE OFTEN AND GROWING COMMUNITY-WIDE ENTHUSIASM AND INSPIRATION AROUND BIKES. EXAMPLES OF THESE EFFORTS INCLUDE "CAR-FREE" RIDES WHERE ROADS ARE CLOSED TO CARS AND OPEN TO PEOPLE BIKING AND WALKING IN BEAUTIFUL AND ICONIC COASTAL AND FARMING AREAS. THE ANNUAL 10-SPOT RIDE COMBINES CITYWIDE RIDING WITH LOCAL MUSIC, FOOD, AND LUSH LANDSCAPES. WE PRACTICE CULTURAL COMPETENCY AROUND BIKING FOR SPECIFIC AFFINITY GROUPS, INCLUDING, FOR EXAMPLE, SPANISH-LANGUAGE FOCUS GROUPS, BRAVE SPACES FOR LGBTQ+ PARTICIPANTS, AND SPECIALIZED GROUP RIDING WITH BLACK GIRLS DO BIKE. YEAR-ROUND, WE HAVE COMMUNITY OPEN GARAGE SESSIONS 5X/WEEK FOR COMMUNITY MEMBERS TO SHARE KNOWLEDGE, ENTHUSIASM, AND BIKE PARTS TO KEEP BIKES IN GOOD REPAIR. OPEN GARAGE PARTICIPANTS AND OTHER VOLUNTEERS ALSO JOIN STAFF IN RESTORING DONATED BICYCLES FOR COMMUNITY DISTRIBUTION.

Program 2
Expenses: $301,972 Revenue: $75,607

EDUCATION: SAFE AND MUTUALLY RESPECTFUL HABITS AND PRACTICES BY ALL ROAD USERS IMPROVE CONDITIONS FOR BIKING AND LEAD TO MORE PEOPLE BIKING MORE OFTEN. BIKE NEWPORT WORKS WITH LOCAL MUNICIPALITIES...

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EDUCATION: SAFE AND MUTUALLY RESPECTFUL HABITS AND PRACTICES BY ALL ROAD USERS IMPROVE CONDITIONS FOR BIKING AND LEAD TO MORE PEOPLE BIKING MORE OFTEN. BIKE NEWPORT WORKS WITH LOCAL MUNICIPALITIES, SCHOOLS, AND COMMUNITY ORGANIZATIONS TO ESTABLISH AND GROW BICYCLE SAFETY EDUCATION PROGRAMS. ALL BIKE NEWPORT EDUCATIONAL MATERIALS, PROGRAMS AND CLASSES ARE PROVIDED IN DUAL LANGUAGES OF ENGLISH AND SPANISH. BIKE NEWPORT ALSO WORKS TO ENSURE THAT PEOPLE WITH COGNITIVE AND PHYSICAL CHALLENGES HAVE ACCESS TO ADAPTIVE BICYCLES THAT MEET THEIR SPECIAL NEEDS SO EVERYONE CAN PARTICIPATE.

Program 3
Expenses: $107,847

INFRASTRUCTURE ADVOCACY: BIKE NEWPORT BUILT THE BIG BLUE BIKE BARN CAMPUS AND TRAILS TO PROVIDE A LOCATION AWAY FROM TRAFFIC FOR PEOPLE OF ALL AGES AND ABILITIES TO LEARN AND PRACTICE SAFE CYCLING...

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INFRASTRUCTURE ADVOCACY: BIKE NEWPORT BUILT THE BIG BLUE BIKE BARN CAMPUS AND TRAILS TO PROVIDE A LOCATION AWAY FROM TRAFFIC FOR PEOPLE OF ALL AGES AND ABILITIES TO LEARN AND PRACTICE SAFE CYCLING SKILLS AND BASIC BICYCLE MAINTENANCE WHILE HAVING FUN. THE CAMPUS AND TRAILS ARE ON OTHERWISE VACANT LAND OWNED BY THE NEWPORT HOUSING AUTHORITY AND INCLUDE A 1/2 -ACRE RECREATIONAL PUMP TRACK, TRAILS CONNECTING INTO MIANTONOMI PARK, AND A 900 SQ FT SHELTER DESIGNED BY STUDENTS OF THE ROGER WILLIAMS UNIVERSITY SCHOOL OF ARCHITECTURE. ADDITIONALLY, WE COORDINATE "RIDE ISLAND" - THE BICYCLE NETWORK PLANNING PROJECT FOR AQUIDNECK ISLAND - A MULTI-MUNICIPAL ENDEAVOR INCLUDING THE COMMUNITIES AND MUNICIPAL ADMINISTRATIONS OF NEWPORT, MIDDLETOWN AND PORTSMOUTH.

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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 $772,513
Program Service Revenue $204,132
Investment Income $312
Other Revenue $-2,977
TOTAL REVENUE $973,980

Expense Breakdown

Grants Paid $58,455
Salaries & Benefits $682,407
Fundraising Expenses $97,703
Program Expenses $718,980
Other Expenses $287,295
TOTAL EXPENSES $1,028,157

Year-over-Year Comparison

2024 2023 Change
Revenue $973,980 $995,378 0.0%
Expenses $1,028,157 $834,108 +0.2%
Net Income $-54,177 $161,270 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
22
Volunteers
254

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
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TYSON BOTTENUS DIRECTOR 1.00
Director
$0 $0 $0
ALEX CASTILLO DIRECTOR 1.00
Director
$0 $0 $0
PETER CORIANDER DIRECTOR 1.00
Director
$0 $0 $0
VALERIE LARKIN DIRECTOR 1.00
Director
$0 $0 $0
CHYLEENE O'CONNOR DIRECTOR 1.00
Director
$0 $0 $0
GUILLERMO ROJAS DIRECTOR 1.00
Director
$0 $0 $0
GLENN BRADFIELD CHAIR 1.00
Officer
$0 $0 $0
CHRISTOPHER MARTIN VICE CHAIR 1.00
Officer
$0 $0 $0
DONALD HARTLEY SECRETARY 1.00
Officer
$0 $0 $0
ROBERT PENHA TREASURER 1.00
Officer
$0 $0 $0
BARI FREEMAN EXECUTIVE DIRECTOR 40.00
Highest
$106,002 $0 $106,002
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 $973,980 $1,028,157 $585,930 $-54,177
2023 $995,378 $834,108 $605,536 $161,270
2022 $745,014 $699,003 $458,011 $46,011
2021 $652,886 $467,652 $387,587 $185,234
2020 $485,037 $371,406 $201,627 $113,631
2019 $442,453 $480,996 $103,387 $-38,543
2018 $484,439 $504,116 $143,806 $-19,677
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