Missoula Institute For Sustainabletransportation
- Assets
- $1.3m
- Revenue
- $283.2k
- Investments
- $0.0
- Employees
- 10
- Location
- Missoula, MT
- Founding
- 03/2011
- Data as of
- 12/2021
- EIN
- 20-5967694
Organization Overview
Missoula Institute For Sustainabletransportation, operating under the name Free Cycles Missoula, is located in Missoula, MT. The organization was established in 2011. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Free Cycles Missoula employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Free Cycles Missoula is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Free Cycles Missoula generated $283.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $175.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF MIST IS TO CREATE TRANSPORTATION THAT IS SAFE, EQUITABLE AND ENVIRONMENTALLY SOUND, FITS INTO THE LANDSCAPE AND CULTURE OF A PARTICULAR AREA, CONSERVES RESOURCES, AND HONORS JUSTICE, EQUITY, DIVERSITY, INCLUSIVENESS, ACCESSIBILITY, COMMUNITY HEALTH AND A LOCAL ECONOMY. WE EMPHASIZE AND UTILIZE MUSIC, ART, BICYCLES, GREEN BUILDING MATERIALS AND TECHNIQUES, PERMACULTURE AND BIOMIMICRY. MIST VALUES CITIZEN PARTICIPATION, REUSE AND RECYCLING, ENVIRONMENTAL STEWARDSHIP AND ACTIVE TRANSPORTATION. MIST SEEKS ACTIVE WALKING AND CYCLING CULTURES, EXTENSIVE TRANSIT SYSTEMS THAT RUN ON RENEWABLE ENERGY, BICYCLE STATION AND CAR SHARE OPTIONS, SAFE AND FLOWING VEHICLE MOVEMENT, NETWORKS OF GREENWAY CORRIDORS THAT CONNECT PEOPLE AND OPEN SPACE, AND AN AWARENESS AND UNDERSTANDING OF TRANSPORTATION ISSUES AND IMPACTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FREE CYCLES: PROVIDES BICYCLES, PARTS, TOOLS, WORK SPACE, AND HELP FOR A HEALTHY COMMUNITY. THESE SERVICES LEAD TO INCREASED MOBILITY, EXERCISE, AND JOY FOR THE PEOPLE WHO PARTICIPATE. OUR PROGRAMS ARE DONATION-BASED AND AVAILABLE TO PEOPLE OF ALL AGES, IDENTITIES, ETHNICITIES, ABILITIES, AND INCOME LEVELS. AS THE LARGEST NON-PROFIT COMMUNITY BIKE SHOP IN MONTANA, SERVING AN AVERAGE OF 100 PEOPLE A DAY, FREE CYCLES ADDRESSES THE NEED FOR SUSTAINABLE AND ACCESSIBLE TRANSPORTATION. FREE CYCLES' CONSISTS OF SEVERAL PROGRAMS: OPEN SHOP, BUILD-A-BIKE, BIKEWELL CLASS, AND YOUTH CYCLES. THE COMMUNITY SHOP SPACE IS OPEN TO THE PUBLIC DURING ALL HOURS OF OPERATION, WEDNESDAY THROUGH SATURDAY, 10AM-6PM. THIS IS A FREE SERVICE, YET DONATIONS ARE APPRECIATED. THE FREE CYCLES PROGRAM PROVIDES THE TOOLS, PARTS, AND KNOWLEDGE TO HELP THE COMMUNITY WORK ON BICYCLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Giordano Executive Director | Trustee | 40 | $36,960 |
Summer Nelson Secretary | Officer | 2 | $0 |
Dave Morris President/treasurer | Officer | 2 | $0 |
Curt Tweedy Vice President | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,172 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $204,350 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $208,522 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $74,669 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $283,191 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $36,960 |
| Compensation of current officers, directors, key employees. | $18,480 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $116,144 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,000 |
| Payroll taxes | $11,573 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $320 |
| Office expenses | $217 |
| Information technology | $1,238 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $403 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,887 |
| All other expenses | $0 |
| Total functional expenses | $175,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,738 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,319 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,229,736 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,278,793 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $887,680 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $887,680 |
| Net assets without donor restrictions | $391,113 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,278,793 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Missoula Institute For Sustainabletransportation has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Coordinated Transportation System Pierre, SD | $5,878,312 | $7,521,108 |
Treasure Valley Transit Inc Nampa, ID | $4,932,802 | $4,649,764 |
Community Transit Of Watertown Sisseton Inc Watertown, SD | $3,177,219 | $3,067,367 |
Central Montana Rail Denton, MT | $9,482,967 | $1,447,583 |
Arrow Public Transit Lemmon, SD | $396,696 | $301,566 |
Missoula Institute For Sustainabletransportation Missoula, MT | $1,278,793 | $283,191 |
East Dakota Transit Inc Madison, SD | $235,658 | $200,771 |
Wyoming Public Transit Association Evanston, WY | $67,721 | $0 |
Spink County Public Transit Redfield, SD | $69,456 | $0 |