Houston Bike Share
- Assets
- $1.9m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 28
- Location
- Houston, TX
- Founding
- 06/2012
- Data as of
- 12/2021
- EIN
- 45-3612683
Organization Overview
Houston Bike Share is located in Houston, TX. The organization was established in 2012. According to its NTEE Classification (S19) the organization is classified as: Support N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Houston Bike Share employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston Bike Share 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, Houston Bike Share generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 23.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO DEVELOP AND OPERATE A NETWORK OF BIKE SHARE STATIONS THOUGHOUT THE CITY OF HOUSTON TO ALLOW CITY RESIDENTS AND VISITORS ANOTHER TRANSPORTATION OPTION TO MOVE AROUND THE CITY AND ENCOURAGE A HEALTHY LIFESTYLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS SUCCESSFULLY ESTABLISHED NEW BIKE SHARE CENTERS THROUGHOUT HOUSTON INCREASE THE NUMBER OF RENTALS BY OVER 100%.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil Bremner Chairman | OfficerTrustee | 8 | $0 |
Paul Sorelle Director | Trustee | 2 | $0 |
Michele Nezi Marvin Director | Trustee | 3 | $0 |
Amir Befroui Director | Trustee | 2 | $0 |
Michael Skelly Director | Trustee | 2 | $0 |
James Llamas Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $518,298 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $518,298 |
| Total Program Service Revenue | $1,413,693 |
| Investment income | $105 |
| 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 | $1,956,861 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $817,503 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,544 |
| Payroll taxes | $90,695 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $73,317 |
| Fees for services: Accounting | $30,961 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,548 |
| Advertising and promotion | $20,626 |
| Office expenses | $10,883 |
| Information technology | $12,975 |
| Royalties | $0 |
| Occupancy | $85,940 |
| Travel | $1,040 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,828 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $196,815 |
| Insurance | $87,040 |
| All other expenses | $234,685 |
| Total functional expenses | $2,285,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $525,277 |
| Savings and temporary cash investments | $29,879 |
| 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 | $19,173 |
| Net Land, buildings, and equipment | $1,321,653 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,895,982 |
| 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 | $31,177 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $50,268 |
| Total liabilities | $81,445 |
| Net assets without donor restrictions | $1,743,463 |
| Net assets with donor restrictions | $71,074 |
| 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 | $1,895,982 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Houston Bike Share has recieved totaling $32,812.
| Awarding Organization | Amount |
|---|---|
Peopleforbikes Foundation Boulder, CO PURPOSE: TO IMPROVE INFRASTRUCTURE TO OBTAIN OR ENHANCE "BICYCLE FRIENDLY COMMUNITY" STATUS. | $17,000 |
Greater Houston Community Foundation Houston, TX PURPOSE: Human Services | $15,812 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
1004 7th Avenue Holding Corporation Fort Worth, TX | $0 | $10,316,540 |
Houston Bike Share Houston, TX | $1,895,982 | $1,956,861 |
Bentonville-Bella Vista Chamber Of Commerce Foundation Inc Bentonville, AR | $1,255,174 | $267,631 |
Toolbank Usa Inc Houston, TX | $645,654 | $570,806 |
Fostering Family Houston, TX | $340,952 | $605,117 |
Texas Associtation Of Business & Chambers Of Commerce Foundation Austin, TX | $275,010 | $226,914 |
East Texas Speakers Forum Longview, TX | $162,256 | $373,275 |
Circa 1859 Inc Jonesboro, AR | $6,914 | $0 |
Culture Of Health - Advancing Together Pearland, TX | $110,464 | $209,041 |
Alice Volunteer Services Alice, TX | $555,548 | $135,954 |
Texas Rural Water Foundation Austin, TX | $125,539 | $0 |
Two Steppers Sugar Land, TX | $0 | $0 |