DETROIT, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DDP BIKE SHARE CORPORATION, founded in 2015, is a community nonprofit in the Public & Societal Benefit sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.4M exceeded revenue, resulting in a 14% operating deficit.
TO DELIVER AN ACTIVE TRANSIT SYSTEM OF ON-DEMAND BIKES SERVING A DIVERSE RANGE OF PEOPLE AND NEEDS.
MOGO BIKE SHARE - DETROIT'S FIRST PUBLIC BIKE SHARING SYSTEM WAS LAUNCHED IN MAY 2017. THE SYSTEM IS LOCATED THROUGHOUT THE CITY OF DETROIT AND GROWS IN BOTH NUMBER OF BIKES, LOCATIONS AND PEOPLE...
MOGO BIKE SHARE - DETROIT'S FIRST PUBLIC BIKE SHARING SYSTEM WAS LAUNCHED IN MAY 2017. THE SYSTEM IS LOCATED THROUGHOUT THE CITY OF DETROIT AND GROWS IN BOTH NUMBER OF BIKES, LOCATIONS AND PEOPLE SERVED ANNUALLY.
IN 2024, MOGO CONTINUED TO SPEND DOWN THE GRANT RECEIVED IN 2021 TO FURTHER ITS WORK IN UNDERSTANDING THE BARRIERS THAT EXIST BETWEEN CONNECTING BIKE SHARE AND BUS TRANSIT TRIPS AND TO DEVELOP...
IN 2024, MOGO CONTINUED TO SPEND DOWN THE GRANT RECEIVED IN 2021 TO FURTHER ITS WORK IN UNDERSTANDING THE BARRIERS THAT EXIST BETWEEN CONNECTING BIKE SHARE AND BUS TRANSIT TRIPS AND TO DEVELOP SOLUTIONS THAT WOULD MAKE THIS CONNECTION EASIER AND MORE USER-FRIENDLY.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,228,760 | $1,081,386 | +0.1% |
| Expenses | $1,398,222 | $1,787,769 | -0.2% |
| Net Income | $-169,462 | $-706,383 | -0.8% |
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 |
|---|---|---|---|---|---|---|
| ERIC B LARSON | DIRECTOR | 1.00 |
Officer
Director
|
$0 | $21,243 | $518,863 |
| CARI EASTERDAY-KAR | VICE PRESIDENT/CFO/ASST TREASURER | 10.00 |
Officer
Director
|
$0 | $6,400 | $169,603 |
| NED STABLER | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BISHOP EDGAR VAN II | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DEREK EDWARDS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HELAINE ZACK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JANET ATTARIAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFFREY HOOD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURA WEINGARTNER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA NUSKOWSKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE JOHNSOHN-TIDJANI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ADRIEL THORNTON | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$85,351 | $6,236 | $91,587 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,228,760 | $1,398,222 | $431,395 | $-169,462 |
| 2023 | $1,081,386 | $1,787,769 | $779,859 | $-706,383 |
| 2022 | $1,777,452 | $1,782,032 | $1,251,895 | $-4,580 |
| 2021 | $1,762,983 | $1,589,053 | $1,106,348 | $173,930 |
| 2020 | $1,904,657 | $1,925,099 | $1,018,187 | $-20,442 |
| 2019 | $1,644,771 | $1,391,293 | $872,879 | $253,478 |
| 2018 | $1,198,250 | $1,548,818 | $643,191 | $-350,568 |
Compare DDP BIKE SHARE CORPORATION with other nonprofits in Michigan and across the country.