Boulder Bike Sharing
- Assets
- $22.7k
- Revenue
- $325.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Boulder, CO
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 27-2772682
Organization Overview
Boulder Bike Sharing, operating under the name Boulder B-Cycle, is located in Boulder, CO. The organization was established in 2012. 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, Boulder B-Cycle employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boulder B-Cycle 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, Boulder B-Cycle generated $325.3k 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 (10.9%) each year. All expenses for the organization totaled $645.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. 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
PROMOTE HEALTH, QUALITY OF LIFE AND PRESERVATION OF THE ENVIRONMENT IN BOULDER, COLORADO BY BUILDING AND OPERATING A COMPREHENSIVE CITY-WIDE BIKE SHARING
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILD AND OPERATE BIKE SHARING SYSTEM IN CITY OF BOULDER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Crouse Executive Director | Officer | 50 | $61,407 |
Gary Gomulinski Board Chair | OfficerTrustee | 3 | $0 |
Jeremy Wilson Board Treasurer | OfficerTrustee | 1 | $0 |
Liles Lipe Director | Trustee | 1 | $0 |
Brandon Smith Director | Trustee | 0.5 | $0 |
Andrea Beatty Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $203,646 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $47,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $251,646 |
| Total Program Service Revenue | $73,075 |
| Investment income | $601 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $325,322 |
| 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 | $1,273 |
| Compensation of current officers, directors, key employees. | $61,407 |
| Compensation of current officers, directors, key employees. | $30,703 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $152,406 |
| Pension plan accruals and contributions | $1,337 |
| Other employee benefits | $1,458 |
| Payroll taxes | $17,187 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,897 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $339 |
| Office expenses | $1,656 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,087 |
| Travel | $0 |
| 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 | $23,090 |
| All other expenses | $23,811 |
| Total functional expenses | $645,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,690 |
| Savings and temporary cash investments | $4,006 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,696 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $22,696 |
| 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 | $22,696 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boulder Bike Sharing has recieved totaling $12.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aprender Tucson Tucson, AZ | $1,356,788 | $3,497,348 |
Central Kansas Coordinated Transit Council Inc Hutchinson, KS | $131,918 | $2,240,482 |
Slc Bike Share Salt Lake City, UT | $2,432,275 | $1,515,627 |
Clean Energy Economy For The Region Carbondale, CO | $528,483 | $1,129,621 |
Denver South Transportation Management Association Englewood, CO | $1,827,228 | $1,266,760 |
Boulder Bike Sharing Boulder, CO | $22,696 | $325,322 |
Colorado Association Of Transit Agencies Denver, CO | $286,575 | $708,186 |
Aspen Business Center Foundation Aspen, CO | $3,349,357 | $2,822,248 |
Yavapai Regional Transit Inc Chino Valley, AZ | $369,166 | $396,046 |
Arizona Transit Association Phoenix, AZ | $83,307 | $293,389 |
Oklahoma Transit Association Oklahoma City, OK | $994,088 | $278,489 |
Tulsa Foundation For Architecture Tulsa, OK | $174,026 | $159,930 |