Civic Intelligence

The Mikes Bikes Foundation

990 • Fiscal year 2015 • EIN 26-3338639

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 25, 2016

55 Leveroni CtNovato, CA 94949

(415) 578-4008

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

97th percentile

460%

Faster asset growth than 97% of similar nonprofits.

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

Revenue Growth

3rd percentile

-85%

Faster revenue growth than 3% of similar nonprofits.

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

Assets

Up

$115,966

Up $95,269 (+460%) from 2014

Net Assets

Up

$115,966

Up $110,269 (+1936%) from 2014

Liabilities

Down

$0

Down $15,000 (-100%) from 2014

Revenue

Down

$231,251

Down $1,268,080 (-85%) from 2014

Expenses

Down

$120,982

Down $1,378,830 (-92%) from 2014

Net Income

Up

$110,269

Up $110,750 (+23025%) from 2014

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $38,191Liabilities 2013: $32,013Net Assets 2013: $6,1782013Assets 2014: $20,697Liabilities 2014: $15,000Net Assets 2014: $5,6972014Assets 2015: $115,966Liabilities 2015: $0Net Assets 2015: $115,9662015Assets 2016: $76,538Liabilities 2016: $0Net Assets 2016: $76,5382016Assets 2017: $125,215Liabilities 2017: $10,370Net Assets 2017: $114,8452017Assets 2018: $26,555Liabilities 2018: $0Net Assets 2018: $26,5552018Assets 2019: $39,143Liabilities 2019: $10,089Net Assets 2019: $29,0542019Assets 2020: $66,793Liabilities 2020: $1,531Net Assets 2020: $65,2622020Assets 2021: $42,868Liabilities 2021: $0Net Assets 2021: $42,8682021Assets 2022: $83,662Liabilities 2022: $0Net Assets 2022: $83,6622022Assets 2023: $143,489Liabilities 2023: $0Net Assets 2023: $143,4892023Assets 2024: $71,134Liabilities 2024: $0Net Assets 2024: $71,1342024

Highlighted filing

2015

Assets$115,966
Liabilities$0
Net Assets$115,966

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $351,422Expenses 2013: $414,850Net Income 2013: -$63,4282013Revenue 2014: $1,499,331Expenses 2014: $1,499,812Net Income 2014: -$4812014Revenue 2015: $231,251Expenses 2015: $120,982Net Income 2015: $110,2692015Revenue 2016: $276,092Expenses 2016: $315,520Net Income 2016: -$39,4282016Revenue 2017: $356,071Expenses 2017: $317,763Net Income 2017: $38,3082017Revenue 2018: $198,459Expenses 2018: $286,748Net Income 2018: -$88,2892018Revenue 2019: $321,858Expenses 2019: $319,359Net Income 2019: $2,4992019Revenue 2020: $193,665Expenses 2020: $157,457Net Income 2020: $36,2082020Revenue 2021: $251,833Expenses 2021: $274,227Net Income 2021: -$22,3942021Revenue 2022: $313,543Expenses 2022: $272,749Net Income 2022: $40,7942022Revenue 2023: $185,100Expenses 2023: $125,273Net Income 2023: $59,8272023Revenue 2024: $154,126Expenses 2024: $226,481Net Income 2024: -$72,3552024

Highlighted filing

2015

Revenue$231,251
Expenses$120,982
Net Income$110,269
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 25, 2016
Return Version
2015v2.1
Gross Receipts
$231,251
Mission and Program Overview

Mission

To assist in the development of an affordable and equitable bicycle infrastructure and support in developing nations where the bicycle can make an improvement in the general quality of life; To provide financing and mentoring to start-up bike dealers in an effort to strengthen and broaden the bicycle industry in nations of the developing world; To sponsor bike drives and facilitate the transportation of those bikes to small retailers in developing countries; To educate local bicycle dealers in developing nations to improve the availability of bicycles and quality of service that local shops provide.

To assist in the development of an affordable and equitable bicycle infrastructure in developing nations where the bicycle can make an improvement in the general quality of life; To provide financing and mentoring to start-up bike dealers in an effort to strengthen and broaden the bicycle industry in nations of the developing world; To sponsor bike drives and facilitate the transportation of donated bikes to small retailers in developing countries; To educate local bicycle dealers in developing nations to improve the availability of bicycles and quality of service that local shops provide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$697$97,829▲ $97,132
Inventories for Sale or Use$20,000$18,750▼ $1,250
Savings and Temporary Cash Investments$0--
Accounts Receivable$0--
Other Notes and Loans Receivable, Net$0--
Pledges and Grants Receivable$0--
Receivable From Disqualified Prsn$0--
Receivables From Officers Etc$0--
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Intangible Assets$0--
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0--
Total Assets$20,697$115,966▲ $95,269
Other Assets Total$0$-613▼ $613
Liabilities
Grants Payable$15,000$0▼ $15,000
Accounts Payable and Accrued Expenses$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$15,000$0▼ $15,000
Net Assets / Fund Balance
Unrestricted Net Assets$5,697$115,966▲ $110,269
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$5,697$115,966▲ $110,269
Total Liabilities and Net Assets / Fund Balance$20,697$115,966▲ $95,269
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ken MartinPresident/CEO
Julie VogtSecretary
Matt AdamsTreasurer/CFO
Revenue and Support

Revenue Composition

Contributions and Grants
$231,251
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$231,251
Change in Net Assets
$110,269

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 Table1,600$160,000Estimated fair market value
Total Noncash Contributions1,600$160,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$119,095
Other Expenses$1,887
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$119,095--$119,095
Fees for Services Other-$1,887-$1,887
Total Functional Expenses$119,095$1,887$0$120,982
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0--
Receivables from Officers, Directors, Trustees, and Key Employees$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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

Directors are coworkers for an unrelated organization.

Form 990, Part VI, Section B, Line 11B

IRS 990 and CA 199 are provided to and reviewed by the directors prior to filing.

Form 990, Part VI, Section C, Line 19

IRS 990 and CA 199 and supporting documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
The Mikes Bikes Foundation
EIN
26-3338639
Phone
4155784008
Address
55 Leveroni Ct, Novato, CA 94949

Signing Officer

Name
Ken Martin
Title
CEO
Phone
4157206880
Signed
2016-07-25

Organization Details

Principal Officer
Ken Martin
Formed
2008
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
15
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IRS990/Desc0Like many non profits in Africa, we believe that the bicycle provides a path way towards solving many economic, social and health problems in Africa. Lack of transportation outside the main cities makes it difficult for children to get to school, for adults to find work and for AIDS patients to get the medical attention they need. Bicycles make remote villages much more accessible, thereby improving the conditions of the inhabitants. In the interest of creating a long-term and self sufficient improvement in the lives of these impoverished individuals, we endeavor to create a sustainable network of bicycle infrastructure, including the availability and affordability of bikes, widely available technical and repair know-how, and the availability of tools and necessary parts. Mikes Bikes Foundation has been working closely with local shop owners in Botswana, Namibia, Lesotho, Gaborone and Zimbabwe to provide the tools and capital necessary to start local bike shops.
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.84974
IRS990ScheduleA/PublicSupportPY509Pct00.85554
IRS990ScheduleA/PublicSupportTotal509Amt01510039
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt051892
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt077100
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt078442
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt039590
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0267024
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt051892
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt077100
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt078442
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt039590
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0267024
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0231251
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0445081
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0351422
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0398195
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0351114
IRS990ScheduleA/Total509Grp/TotalAmt01777063
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0231251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0445081
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0351422
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0398195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0351114
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01777063
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
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt0Provide bike and bike related products
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0n/a
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt0119095
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0To provide financing and mentoring to start-up bike dealers in an effort to strengthen and broaden the bicycle industry in nations of the developing world
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Sub-Saharan Africa
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0estimated fair market value
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/Total501c3OrgCnt00
IRS990ScheduleF/TotalOtherOrgCnt02
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/Form8283ReceivedCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01600
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Bikes and Bike Equipment
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0Estimated fair market value
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0160000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Directors are coworkers for an unrelated organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IRS 990 and CA 199 are provided to and reviewed by the directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IRS 990 and CA 199 and supporting documents are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt020697
IRS990/TotalAssetsEOYAmt0115966
IRS990/TotalAssetsGrp/BOYAmt020697
IRS990/TotalAssetsGrp/EOYAmt0115966
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0231251
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01887
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0119095
IRS990/TotalFunctionalExpensesGrp/TotalAmt0120982
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015000
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt015000
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05697
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0115966
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0119095
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0231251
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt020697
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0115966
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt05697
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0115966
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt055 Leveroni Court
IRS990/USAddress/CityNm0Novato
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094949
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.mikesbikesafrica.com

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