Denver Bike Sharing
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 17
- Location
- Bluffton, SC
- Founding
- 12/2009
- Data as of
- 12/2021
- EIN
- 26-4028327
Organization Overview
Denver Bike Sharing is located in Bluffton, SC. The organization was established in 2009. 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, Denver Bike Sharing employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denver Bike Sharing 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, Denver Bike Sharing generated $175.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (29.0%) each year. All expenses for the organization totaled $142.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (32.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DENVER BIKE SHARING SERVES AS A CATALYST FOR A FUNDAMENTAL TRANSFORMATION IN THINKING AND BEHAVIOR BY OPERATING A BIKE SHARING SYSTEM IN DENVER TO ENHANCE MOBILITY WHILE PROMOTING ALL ASPECTS OF SUSTAINABILITY: QUALITY OF LIFE, EQUITY, THE ENVIRONMENT, ECONOMIC DEVELOPMENT, AND PUBLIC HEALTH. THE LONG-TERM GOAL OF DENVER BIKE SHARING IS TO OFFER A PUBLIC BIKE SHARING SYSTEM OF 600 DOCKLESS BIKES TO DENVER RESIDENTS AND VISITORS. DENVER BIKE SHARING CEASED OPERATIONS OF THE DENVER B-CYCLE SYSTEM AS OF JANUARY 30, 2020. MULTIPLE FACTORS LED TO THIS DECISION INCLUDING AGING EQUIPMENT, DPSA TERM AND EXPIRATION, CHANGING MOBILITY LANDSCAPE AND COMPETITION. DENVER BIKE SHARING PARTNERED WITH A NEW VENDOR AND COMPETED FOR THE CITY OF DENVER'S RFQ IN THE SPRING OF 2020. ON JULY 23, 2020, WE RECEIVED WORD FROM THE PUBLIC WORKS DEPARTMENT THAT DENVER BIKE SHARING WAS NOT SELECTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Baldwin Acting Exec | 40 | $12,628 | |
Mike Dino Chair | 1 | $0 | |
Jay Kenney Vice-Chair | 1 | $0 | |
Steve Sander Secretary | 1 | $0 | |
Peter Coakley Director | 1 | $0 | |
Sarah Keys Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,672 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,826 |
| Total Revenue | $175,498 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $113,838 |
| Professional fees and other payments to independent contractors | $3,358 |
| Occupancy, rent, utilities, and maintenance | $8,888 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,109 |
| Total expenses | $142,207 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Denver Bike Sharing has recieved totaling $55.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $55 |