Pikeride Inc
- Assets
- $741.3k
- Revenue
- $671.2k
- Investments
- $0.0
- Employees
- 17
- Location
- Colorado Springs, CO
- Founding
- 11/2019
- Data as of
- 12/2021
- EIN
- 83-4653044
Organization Overview
Pikeride Inc is located in Colorado Springs, CO. The organization was established in 2019. 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. As of 12/2021, Pikeride Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pikeride Inc 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, Pikeride Inc generated $671.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 53.6% each year . All expenses for the organization totaled $500.6k during the year ending 12/2021. While expenses have increased by 18.8% per year over the past 3 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 ELEVATE OUR COMMUNITY WITH A FUN, HEALTHY, PLANET FRIENDLY AND COST-EFFECTIVE WAY TO GET AROUND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021, PIKERIDE CONTINUE TO SEE SIGNIFICANT GROWTH BY OFFERING OVER 300 BIKES AND MORE THAN 50 COMMUNITY HUBS. PIKERIDE EXPERIENCED AN OVER 60% INCREASE IN RIDERSHIP AND SERVED MORE THAN 6,400 PEOPLE WITH A FUN, HEALTHY, PLANET-FRIENDLY, AND COST-EFFECTIVE WAY TO GET AROUND.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jolie Nesmith Executive Director | Officer | 40 | $75,000 |
Jill Gaebler Chair | OfficerTrustee | 1 | $0 |
Amy Long Secretary | OfficerTrustee | 1 | $0 |
Judy Kaltenbacher Treasurer | OfficerTrustee | 1 | $0 |
Brian Vitulli Member | Trustee | 1 | $0 |
Bill Nelson Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $340,617 |
| All other contributions, gifts, grants, and similar amounts not included above | $200,449 |
| Noncash contributions included in lines 1a–1f | $15,001 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $541,066 |
| Total Program Service Revenue | $126,310 |
| Investment income | $0 |
| 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 | $671,180 |
| 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. | $84,519 |
| Compensation of current officers, directors, key employees. | $20,695 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,620 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,108 |
| Payroll taxes | $19,764 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,757 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,898 |
| Advertising and promotion | $10,277 |
| Office expenses | $8,440 |
| Information technology | $753 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $74,899 |
| Insurance | $18,792 |
| All other expenses | $2,376 |
| Total functional expenses | $500,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $221,913 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,516 |
| 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 | $3,866 |
| Net Land, buildings, and equipment | $438,720 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $39,288 |
| Other assets | $0 |
| Total assets | $741,303 |
| Accounts payable and accrued expenses | $15,550 |
| Grants payable | $0 |
| Deferred revenue | $65,833 |
| 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 | $81,383 |
| Net assets without donor restrictions | $659,920 |
| 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 | $741,303 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Pikeride Inc has recieved totaling $90,000.
| Awarding Organization | Amount |
|---|---|
Colorado Springs Health Foundation Colorado Springs, CO | | $75,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Recreation Centers Of Sun City West Inc Sun City West, AZ | $90,574,642 | $30,539,060 |
Recreation Centers Of Sun City Inc Sun City, AZ | $134,200,699 | $24,514,944 |
Revelation Wellness Foundation Phoenix, AZ | $2,310,255 | $2,402,674 |
Arizona Recreation Center For The Handicapped Phoenix, AZ | $9,226,834 | $2,236,160 |
Rabble Mill Lincoln, NE | $1,017,790 | $1,541,481 |
Bridgerland Community Ice Arena North Logan, UT | $2,377,802 | $1,326,896 |
Lincoln Sports Foundation Inc Lincoln, NE | $6,238,637 | $1,068,518 |
Tulsa Route 66 Marathon Inc Tulsa, OK | $331,594 | $707,919 |
Colorado Springs Youth Sports Complex Inc Colorado Springs, CO | $5,116,119 | $563,331 |
Harper County Community Foundation Anthony, KS | $4,910,497 | $868,194 |
Pikeride Inc Colorado Springs, CO | $741,303 | $671,180 |
Education-Recreation Incorporated Tulsa, OK | $1,533,663 | $254,448 |