IOWA BICYCLING ACTION FUND (EIN 831098280) - 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

2018

Legal Domicile

Principal Officer

Luke Hoffman

Phone

5153092867

Tax Period

2023-07-01 to 2024-06-30

IOWA BICYCLING ACTION FUND, founded in 2018, is a small nonprofit that reported $117K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $276K exceeded revenue, resulting in a 135% operating deficit.

Mission

COMMUNICATE AND PROMOTE CYCLING IN IOWA THROUGH GRASS ROOTS NETWORKING AND PROMOTING BICYCLE RIDES THROUGHOUT IOWA.

🔒

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 $6,473

Program Service Revenue $110,862

Investment Income $0

Other Revenue $0

TOTAL REVENUE $117,335

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $257,635

Other Expenses $275,848

TOTAL EXPENSES $275,848

Year-over-Year Comparison

	2023	2022	Change
Revenue	$117,335	$168,370	-0.3%
Expenses	$275,848	$200,834	+0.4%
Net Income	$-158,513	$-32,464	+3.9%

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

100

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
JIM BETHEA	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LARRY LOSS	TREASURER	1.00	Officer Director	$0	$0	$0
LISA HEIN	DIRECTOR	1.00	Director	$0	$0	$0
KATHY FUESTON	DIRECTOR	1.00	Director	$0	$0	$0
STEVE SCHURTZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARK WALLACE	DIRECTOR	1.00	Director	$0	$0	$0
LUKE HOFFMAN	CEO	0.00	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	$117,335	$275,848	No data	$-158,513
2023	$250,414	$194,650	$196,442	$55,764
2022	$168,370	$200,834	$140,678	$-32,464
2021	$215,534	$124,783	$173,142	$90,751

IOWA BICYCLING ACTION FUND