REDEMPTIVE CYCLES SERVICES INC

EIN: 463471015 501(c)(3) Recreation & Sports

BIRMINGHAM, AL

Total Revenue
$431,514
Total Expenses
$486,242
Total Assets
$119,437
Net Assets
$111,986
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
AL
Principal Officer
BRIAN GOSDIN
Phone
2052245631
Tax Period
2024-01-01 to 2024-12-31

Redemptive Cycles Services Inc, founded in 2014, is a small nonprofit in the Recreation & Sports sector that reported $368K in total revenue in fiscal year 2019.

Mission

THE MISSION IS TO MAKE BIRMINGHAM, AL A MORE CONNECTED, COMFORTABLE AND LIVABLE CITY THROUGH THE USE OF BICYCLES. BICYCLES ARE AFFORDABLE TRANSPORTATION WHICH FIGHT TRAFFIC CONGESTION AND POLLUTION IN THE CITY CENTER WHILE BOOSTING HEALTH AND FITNESS. THE BICYCLE SHOP SELLS NEW AND REFURBISHED BICYCLES ALONG WITH PROFESSIONAL QUALITY REPAIRS BASED ON A SLIDING SCALE FOR THOSE IN NEED. THOSE INDIVIDUALS THAT CANNOT AFFORD A BICYCLE CAN PARTICIPATE IN THE "EARN-A-BIKE" PROGRAM WHERE THEY WORK IN THE SHOP, LEARN HOW TO REPAIR AND MAINTAIN A BICYCLE AND EARN A BICYCLE OF THEIR OWN.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $82,897
Program Service Revenue $344,183
Investment Income $1,386
Other Revenue $3,048
TOTAL REVENUE $431,514

Expense Breakdown

Grants Paid $0
Salaries & Benefits $287,597
Fundraising Expenses $2,696
Program Expenses $399,583
Other Expenses $198,645
TOTAL EXPENSES $486,242

Year-over-Year Comparison

2024 2023 Change
Revenue $431,514 $482,987 -0.1%
Expenses $486,242 $498,180 0.0%
Net Income $-54,728 $-15,193 +2.6%
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
8
Independent Members
8
Employees
8
Volunteers
98

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
1
$65,083
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANNY FELDMAN BOARD MEMBER 0.50
Director
$0 $0 $0
TOM ROBERTSHAW BOARD MEMBER 0.50
Director
$0 $0 $0
RYAN DAVIS PRESIDENT 1.00
Director
$0 $0 $0
GREG SMITH BOARD MEMBER 0.50
Director
$0 $0 $0
EMILY CARLTON BOARD MEMBER 0.50
Director
$0 $0 $0
JOHN LITTLE SECRETARY 1.00
Director
$0 $0 $0
MATT REEVES TREASURER 1.00
Director
$0 $0 $0
RACHEL JOHNSON BOARD MEMBER 0.50
Director
$0 $0 $0
BRIAN GOSDIN EXECUTIVE DIRECTOR 40.00
Officer
$65,083 $0 $65,083
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
2025 No data No data No data No data
2024 $431,514 $486,242 $119,437 $-54,728
2023 $482,987 $498,180 $180,553 $-15,193
2022 $457,317 $472,933 $187,179 $-15,616
2021 $485,618 $406,538 $203,820 $79,080
2020 $426,113 $335,375 $153,422 $90,738
2019 $367,849 $381,922 $37,026 $-14,073
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