BIKE FLORIDA INC (EIN 593232881) - 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

1994

Legal Domicile

Principal Officer

LISA LAKE

Phone

7276988755

Tax Period

2022-01-01 to 2022-12-31

BIKE FLORIDA INC, founded in 1994, is a small nonprofit in the Public Safety sector that reported $267K in total revenue in fiscal year 2022. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $255K left a modest 5% surplus.

Mission

TO HELP FLORIDA COMMUNITIES IMPROVE THEIR ECONOMIC HEALTH, BICYCLE INFRASTRUCTURE AND SAFETY THROUGH BICYCLE TOURISM.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $175,932

Program Service Revenue $85,321

Investment Income $6,209

Other Revenue $26

TOTAL REVENUE $267,488

Expense Breakdown

Grants Paid $59,768

Salaries & Benefits $68,730

Fundraising Expenses $17,322

Program Expenses $193,650

Other Expenses $126,799

TOTAL EXPENSES $255,297

Year-over-Year Comparison

	2022	2021	Change
Revenue	$267,488	$220,996	+0.2%
Expenses	$255,297	$213,464	+0.2%
Net Income	$12,191	$7,532	+0.6%

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

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

$55,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COLLEEN NICOULIN	PRESIDENT	0.20	Officer	$0	$0	$0
KENDRA NEWMAN	SECRETARY	0.40	Officer	$0	$0	$0
JASON JACKSON	TREASURER	0.20	Officer	$0	$0	$0
CHUCK GEARY	MEMBER AT LA	0.20	Officer	$0	$0	$0
LISA LAKE	EXECUTIVE DI	40.00	Officer	$55,000	$0	$55,000

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
2022	$267,488	$255,297	$60,908	$12,191
2021	$220,996	$213,464	$29,269	$7,532
2020	$183,265	$240,355	$8,714	$-57,090
2019	$411,639	$407,787	$71,136	$3,852
2018	$445,442	$519,652	$219,916	$-74,210

BIKE FLORIDA INC