Sopo Bicycle Cooperative
- Assets
- $34.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 11/2005
- Data as of
- 12/2022
- EIN
- 83-0431387
Organization Overview
Sopo Bicycle Cooperative is located in Atlanta, GA. The organization was established in 2005. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sopo Bicycle Cooperative 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 12/2022, Sopo Bicycle Cooperative generated $42.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $45.0k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
SOPO CONTINUED SERVING OUR COMMUNITY THROUGH OUR REGULARLY SCHEDULED SHOP HOURS. VISITORS FIXED THEIR BICYCLES WITH OUR TOOL LIBRARY AND THE HELP OF OUR VOLUNTEER MECHANICS. SOPO RECEIVED A GRANT FROM THE RANDS FOUNDATION TO ACQUIRE AND REFURBISH BICYCLES FOR REFUGEES AND STUDENTS IN NEED; WE DISTRIBUTED 98 REFURBISHED BICYCLES. IN ADDITION TO OUR REGULAR SHOP HOURS, SOPO PROVIDED BICYCLE REPAIR SERVICES AT VARIOUS COMMUNITY EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin Kasavan Treasurer | 2 | $0 | |
Kip Dunlab Board Member | 1 | $0 | |
Christian Mendonca Board Member | 1 | $0 | |
Rachael Spiewak Board Member | 1 | $0 | |
Jay Varner Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,460 |
| Total Program Service Revenue | $26,501 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $41,965 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $34,442 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,510 |
| Total expenses | $44,952 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,780 |
| Other assets | $0 |
| Total assets | $34,780 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,780 |