Civic Intelligence

Dream Bikes Inc.

990 • Fiscal year 2015 • EIN 26-0596151

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 03, 2016

801 West Madison StreetWaterloo, WI 53594

(608) 467-6315

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

26th percentile

0.00x

Higher debt load relative to revenue than 26% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

59th percentile

6.5%

Higher net margin than 59% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

69th percentile

9.4%

Faster asset growth than 69% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

81st percentile

30%

Faster revenue growth than 81% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$459,556

Up $39,383 (+9.4%) from 2014

Net Assets

Up

$459,345

Up $49,213 (+12%) from 2014

Liabilities

Down

$211

Down $9,830 (-98%) from 2014

Revenue

Up

$760,843

Up $177,405 (+30%) from 2014

Expenses

Up

$711,630

Up $244,153 (+52%) from 2014

Net Income

Down

$49,213

Down $66,748 (-58%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $153,502Liabilities 2011: $35,856Net Assets 2011: $117,6462011Assets 2012: $259,203Liabilities 2012: $91,558Net Assets 2012: $167,6452012Assets 2013: $336,732Liabilities 2013: $42,561Net Assets 2013: $294,1712013Assets 2014: $420,173Liabilities 2014: $10,041Net Assets 2014: $410,1322014Assets 2015: $459,556Liabilities 2015: $211Net Assets 2015: $459,3452015Assets 2016: $456,813Liabilities 2016: $74,251Net Assets 2016: $382,5622016Assets 2017: $291,353Liabilities 2017: $88,979Net Assets 2017: $202,3742017Assets 2018: $217,960Liabilities 2018: $153,398Net Assets 2018: $64,5622018Assets 2019: $242,672Liabilities 2019: $81,660Net Assets 2019: $161,0122019Assets 2020: $293,676Liabilities 2020: $81,731Net Assets 2020: $211,9452020Assets 2021: $385,622Liabilities 2021: $23,798Net Assets 2021: $361,8242021Assets 2022: $231,311Liabilities 2022: $18,566Net Assets 2022: $212,7452022Assets 2023: $178,647Liabilities 2023: $16,493Net Assets 2023: $162,1542023Assets 2024: $157,616Liabilities 2024: $14,786Net Assets 2024: $142,8302024

Highlighted filing

2015

Assets$459,556
Liabilities$211
Net Assets$459,345

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $393,3332011Expenses 2012: $436,8952012Revenue 2013: $617,700Expenses 2013: $491,174Net Income 2013: $126,5262013Revenue 2014: $583,438Expenses 2014: $467,477Net Income 2014: $115,9612014Revenue 2015: $760,843Expenses 2015: $711,630Net Income 2015: $49,2132015Revenue 2016: $237,477Expenses 2016: $314,260Net Income 2016: -$76,7832016Revenue 2017: $484,426Expenses 2017: $664,614Net Income 2017: -$180,1882017Revenue 2018: $601,953Expenses 2018: $739,765Net Income 2018: -$137,8122018Revenue 2019: $678,809Expenses 2019: $582,359Net Income 2019: $96,4502019Revenue 2020: $638,490Expenses 2020: $587,557Net Income 2020: $50,9332020Revenue 2021: $462,929Expenses 2021: $295,009Net Income 2021: $167,9202021Revenue 2022: $208,173Expenses 2022: $361,231Net Income 2022: -$153,0582022Revenue 2023: $304,239Expenses 2023: $354,833Net Income 2023: -$50,5942023Revenue 2024: $320,734Expenses 2024: $340,058Net Income 2024: -$19,3242024

Highlighted filing

2015

Revenue$760,843
Expenses$711,630
Net Income$49,213
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 3, 2016
Return Version
2015v2.1
Gross Receipts
$760,843
Mission and Program Overview

Mission

Dream bike inc.'s mission is to provide training and employment opportunities for underprivileged and minority youth, to provide assistance to underprivileged children and youth, and to use bicycles as a way to have a positive impact on low income troubled communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$410,132$459,345▲ $49,213
Cash and Non-Interest-Bearing Accounts$337,224$361,724▲ $24,500
Land, Buildings, and Equipment, Net$39,121$48,478▲ $9,357
Inventories for Sale or Use$17,540$23,066▲ $5,526
Accounts Receivable$4,523$4,523→ $0
Prepaid Expenses and Deferred Charges$54$54→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$420,173$459,556▲ $39,383
Other Assets Total$21,711$21,711→ $0
Liabilities
Other Liabilities$2,581$1,982▼ $599
Accounts Payable and Accrued Expenses$7,460$-1,771▼ $9,231
Total Liabilities$10,041$211▼ $9,830
Net Assets / Fund Balance
Total Net Assets Fund Balance$410,132$459,345▲ $49,213
Total Liabilities and Net Assets / Fund Balance$420,173$459,556▲ $39,383

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$29,592$52,632$82,224
Leasehold Improvements$18,886$33,685$52,571
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark JoslynPresident, Director
Casey FitzrandolphDirector
Chris FortuneDirector
Robert B BurnsSecretary, Director
Michael TschanzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$255,038
Program Service Revenue
$505,785
Investment Income
$20
Other Revenue
$0
All Other Contributions
$255,038
Change in Net Assets
$49,213

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table3,000$218,000Fair Market Value
Total Noncash Contributions3,000$218,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$487,716
Salaries, Compensation, and Employee Benefits$218,148
Grants and Similar Amounts Paid$5,766
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$168,307--$168,307
Occupancy$101,544--$101,544
Payroll Taxes$49,841--$49,841
Fees for Services Accounting-$19,375-$19,375
Office Expenses$10,093$9,252-$19,345
Depreciation Depletion$10,599$1,260-$11,859
Travel$11,220--$11,220
Advertising$8,632--$8,632
Insurance$7,498--$7,498
Grants to Domestic Individuals$5,766--$5,766
Fees for Services Other-$5,295-$5,295
All Other Expenses$3,776$113-$3,889
Other Expenses$3,665$8,304-$3,665
Total Functional Expenses$668,031$43,599$0$711,630
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits$1,296
Payroll Liabilities$686
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Robert burns and mark joslyn have business relationship.

Form 990, Part VI, Section A, Line 8B

The organization does not have committees that act on behalf of the board of directors.

Form 990, Part VI, Section B, Line 11

The form 990 will be reviewed by the president of the board of directors before it is filed.

Form 990, Part VI, Section C, Line 19

The organization makes these documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Dream Bikes Inc
EIN
26-0596151
Phone
6084676315
Address
801 WEST MADISON STREET, WATERLOO, WI 53594

Signing Officer

Name
Mark Joslyn
Title
President
Phone
6084676315
Signed
2016-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Joslyn
Formed
2007
Legal Domicile
Wi
Voting Board Members
4
Independent Board Members
4
Employees
47
Volunteers
34

Preparer

Firm
Rsm US Llp
Address
PO BOX 5946, MADISON, WI 53705-0946
Preparer
Chris Rosborough
Phone
6088332612
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt032
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt078
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0505785
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0499713
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0446851
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0368505
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0253999
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02074853
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt032
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt078
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04247
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02149
IRS990ScheduleA/OtherIncome509Grp/TotalAmt06396
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.90600
IRS990ScheduleA/PublicSupportPY509Pct00.84980
IRS990ScheduleA/PublicSupportTotal509Amt02616002
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt060500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt068000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0116509
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0265009
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0760823
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0583422
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0617592
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0485853
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0433321
IRS990ScheduleA/Total509Grp/TotalAmt02881011
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0760843
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0583438
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0617600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0490102
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0435502
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02887485
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt029592
IRS990ScheduleD/EquipmentGrp/DepreciationAmt052632
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt082224
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt018886
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt033685
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt052571
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01296
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1686
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt048478
IRS990ScheduleD/TotalLiabilityAmt01982
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt05766
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt03000
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0BICYCLES
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0218000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROBERT BURNS AND MARK JOSLYN HAVE BUSINESS RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE COMMITTEES THAT ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WILL BE REVIEWED BY THE PRESIDENT OF THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0420173
IRS990/TotalAssetsEOYAmt0459556
IRS990/TotalAssetsGrp/BOYAmt0420173
IRS990/TotalAssetsGrp/EOYAmt0459556
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0255038
IRS990/TotalEmployeeCnt047
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt043599
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0668031
IRS990/TotalFunctionalExpensesGrp/TotalAmt0711630
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010041
IRS990/TotalLiabilitiesEOYAmt0211
IRS990/TotalLiabilitiesGrp/BOYAmt010041
IRS990/TotalLiabilitiesGrp/EOYAmt0211
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0410132
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0459345
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0668031
IRS990/TotalProgramServiceRevenueAmt0505785
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt020
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0505785
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0760843
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt034
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0420173
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0459556
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt011220
IRS990/TravelGrp/TotalAmt011220
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0801 W MADISON ST
IRS990/USAddress/CityNm0WATERLOO
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053594
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0HTTP://DREAM-BIKES.ORG

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.58$0.15$1.43$3.21$3.40$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.79$0.16$1.62$3.04$3.55$0.51
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.31$0.19$2.13$2.08$3.61$1.53
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.86$0.24$3.62$4.63$2.95$1.68
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$0.82$2.12$6.38$5.88$0.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.43$0.82$1.61$6.79$5.82$0.96
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$1.53$0.65$6.02$7.40$1.38
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.91$0.89$2.02$4.84$6.65$1.80
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.57$0.74$3.83$2.37$3.14$0.77
2015Detailed filing. Detailed filing data is available for this year.$4.60$0.00$4.59$7.61$7.12$0.49
2014Detailed filing. Detailed filing data is available for this year.$4.20$0.10$4.10$5.83$4.67$1.16
2013Detailed filing. Detailed filing data is available for this year.$3.37$0.43$2.94$6.18$4.91$1.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$0.92$1.68$4.37
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.36$1.18$3.93