Civic Intelligence

Boulder Bike Sharing DBA Boulder B-Cycle

990 • Fiscal year 2014 • EIN 27-2772682

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 10, 2015

3601 Arapahoe Avenue D-179Boulder, CO 80303-1397

(303) 532-4412

Siviq Scores

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

Liabilities / Assets

47th percentile

0.04x

Higher debt load relative to assets than 47% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

47th percentile

0.04x

Higher debt load relative to revenue than 47% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

80th percentile

23%

Higher net margin than 80% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

80th percentile

$74,800

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

84th percentile

31%

Faster asset growth than 84% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

92nd percentile

86%

Faster revenue growth than 92% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$869,914

Up $203,943 (+31%) from 2013

Net Assets

Up

$839,081

Up $197,257 (+31%) from 2013

Liabilities

Up

$30,833

Up $6,686 (+28%) from 2013

Revenue

Up

$873,990

Up $403,185 (+86%) from 2013

Expenses

Up

$676,733

Up $122,702 (+22%) from 2013

Net Income

Up

$197,257

Up $280,483 (+337%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $733,271Liabilities 2012: $8,221Net Assets 2012: $725,0502012Assets 2013: $665,971Liabilities 2013: $24,147Net Assets 2013: $641,8242013Assets 2014: $869,914Liabilities 2014: $30,833Net Assets 2014: $839,0812014Assets 2015: $835,022Liabilities 2015: $6,068Net Assets 2015: $828,9542015Assets 2016: $702,785Liabilities 2016: $36,604Net Assets 2016: $666,1812016Assets 2017: $503,424Liabilities 2017: $575Net Assets 2017: $502,8492017Assets 2018: $526,572Liabilities 2018: $22,008Net Assets 2018: $504,5642018Assets 2019: $372,969Liabilities 2019: $3,011Net Assets 2019: $369,9582019Assets 2020: $391,028Liabilities 2020: $48,429Net Assets 2020: $342,5992020Assets 2021: $22,696Liabilities 2021: $0Net Assets 2021: $22,6962021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2014

Assets$869,914
Liabilities$30,833
Net Assets$839,081

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $519,3802012Revenue 2013: $470,805Expenses 2013: $554,031Net Income 2013: -$83,2262013Revenue 2014: $873,990Expenses 2014: $676,733Net Income 2014: $197,2572014Revenue 2015: $727,365Expenses 2015: $737,493Net Income 2015: -$10,1282015Revenue 2016: $494,990Expenses 2016: $655,538Net Income 2016: -$160,5482016Revenue 2017: $478,407Expenses 2017: $641,739Net Income 2017: -$163,3322017Revenue 2018: $468,689Expenses 2018: $550,110Net Income 2018: -$81,4212018Revenue 2019: $499,381Expenses 2019: $550,851Net Income 2019: -$51,4702019Revenue 2020: $447,842Expenses 2020: $475,199Net Income 2020: -$27,3572020Revenue 2021: $325,322Expenses 2021: $645,225Net Income 2021: -$319,9032021Revenue 2022: $3,874Expenses 2022: $26,571Net Income 2022: -$22,6972022

Highlighted filing

2014

Revenue$873,990
Expenses$676,733
Net Income$197,257
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 10, 2015
Return Version
2014v5.0
Gross Receipts
$873,990
Mission and Program Overview

Mission

To implement and operate a community-supported bike-share program that provides boulder's residents, commuters and visitors with an environmentally friendly, financially sustainable, affordable transportation option that's ideal for short trips and results in fewer vehicle miles traveled, less pollution and congestion, more personal mobility and better health and wellness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$399,368$797,898▲ $398,530
Cash and Non-Interest-Bearing Accounts$225,502$64,818▼ $160,684
Accounts Receivable$37,403$3,500▼ $33,903
Savings and Temporary Cash Investments$698$698→ $0
Total Assets$665,971$869,914▲ $203,943
Other Assets Total$3,000$3,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$24,147$30,833▲ $6,686
Total Liabilities$24,147$30,833▲ $6,686
Net Assets / Fund Balance
Unrestricted Net Assets$576,824$839,081▲ $262,257
Temporarily Rstr Net Assets$65,000--
Total Net Assets Fund Balance$641,824$839,081▲ $197,257
Total Liabilities and Net Assets / Fund Balance$665,971$869,914▲ $203,943

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$745,937$589,776$1,335,713
Other Land Buildings$45,961$48,551$94,512
Leasehold Improvements$6,000$1,500$7,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
James WaddellExecutive DiFT$74,800$74,800

Board Members and Trustees

NameTitle
Martha RoskowskiBoard Chair
Bruce BlankenshipBoard Treasu
Ana BoguskyDirector
Bill MuellerDirector
Chris HazlittDirector
Darrell DaleyDirector
Dave KingsburyDirector
Ellen FeeneyDirector
Eric MallonDirector
Gary GomulinskiDirector
Jeremy WilsonDirector
Matthew ColagrossoDirector
Peter SchaubDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$699,539
Program Service Revenue
$171,086
Investment Income
$0
Other Revenue
$3,365
All Other Contributions
$229,539
Change in Net Assets
$197,257
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$426,649
Salaries, Compensation, and Employee Benefits$250,084
Total Fundraising Expense$42,306
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$209,983$3,622-$213,605
Other Salaries and Wages$148,433$6,411-$154,844
Current Officers, Directors, Trustees, and Key Employees$7,480$29,920$37,400$74,800
Information Technology$36,834$8,052-$44,886
Advertising$44,582--$44,582
Fees for Services Accounting-$24,134-$24,134
Insurance$9,513$13,813-$23,326
Payroll Taxes$13,100$3,053$3,142$19,295
Office Expenses-$15,888-$15,888
Occupancy$6,576$1,532$1,577$9,685
Other Expenses$5,410$7,698-$5,410
Fees for Services Other-$1,850-$1,850
Other Employee Benefits$777$181$187$1,145
All Other Expenses$211$867-$1,078
Total Functional Expenses$517,406$117,021$42,306$676,733
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Management and the finance committee review and approve the 990 prior to filing. The board of directors is provided the 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is monitored for new board members as they are inducted.

Form 990, Page 6, Part VI, Line 15A

The board considered several factors in arriving at the executive director's salary, including current market factors, industry experience, and operating budget considerations. The board annually approves the executive director's salary as part of the overall budget process.

Form 990, Page 6, Part VI, Line 15B

The board approves the salaries of all other officers and key employees as part of the overall budget process.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon reasonable request.

Filing and Contact Details

Filer

Filer Name
Boulder Bike Sharing
EIN
27-2772682
Phone
3035324412
Address
3601 ARAPAHOE AVENUE D-179, BOULDER, CO 80303-1397
Doing Business As
Boulder B-cycle

Signing Officer

Name
James Waddell
Title
Executive Director
Phone
3035324412
Signed
2015-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Waddell
Formed
2010
Legal Domicile
Co
Voting Board Members
13
Independent Board Members
13
Employees
10
Volunteers
4

Preparer

Firm
Bauerle and Company Pc
Address
7887 E BELLEVIEW AVE STE 700, DENVER, CO 80111-6021
Preparer
Robert E Fabry CPA
Phone
3037590089
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To implement and operate a community-supported bike-share program that provides boulder's residents, commuters and visitors with an environmentally friendly, financially sustainable, affordable transportation option that's ideal for short trips and results in fewer vehicle miles traveled, less pollution and congestion, more personal mobility and better health and wellness.

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IRS990/OtherExpensesGrp/ProgramServicesAmt024219
IRS990/OtherExpensesGrp/ProgramServicesAmt13472
IRS990/OtherExpensesGrp/ProgramServicesAmt26816
IRS990/OtherExpensesGrp/ProgramServicesAmt35410
IRS990/OtherExpensesGrp/TotalAmt024219
IRS990/OtherExpensesGrp/TotalAmt111170
IRS990/OtherExpensesGrp/TotalAmt26816
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IRS990/OtherRevenueMiscGrp/Desc0OTHER
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03365
IRS990/OtherRevenueTotalAmt03365
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06411
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0148433
IRS990/OtherSalariesAndWagesGrp/TotalAmt0154844
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03142
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03053
IRS990/PayrollTaxesGrp/ProgramServicesAmt013100
IRS990/PayrollTaxesGrp/TotalAmt019295
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JAMES WADDELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0480000
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP/USAGE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0171086
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0171086
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0320351
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0355148
IRS990/PYOtherRevenueAmt01481
IRS990/PYProgramServiceRevenueAmt0148973
IRS990/PYRevenuesLessExpensesAmt0-83226
IRS990/PYSalariesCompEmpBnftPaidAmt0198883
IRS990/PYTotalExpensesAmt0554031
IRS990/PYTotalRevenueAmt0470805
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0197257
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0171086
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0698
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0698
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 8,429
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0699539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0320351
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0511896
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0902521
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt063974
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02498281
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0574434
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03365
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01481
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03583
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08429
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt02467683
IRS990ScheduleA/SubstantialContributorsTotAmt030598
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0699539
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0320351
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0511896
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0902521
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt063974
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02498281
IRS990ScheduleA/TotalSupportAmt02506710
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0745937
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0589776
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01335713
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06000
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01500
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt07500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt045961
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt048551
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt094512
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0797898
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO IMPLEMENT AND OPERATE A COMMUNITY-SUPPORTED BIKE-SHARE PROGRAM THAT PROVIDES BOULDER'S RESIDENTS, COMMUTERS AND VISITORS WITH AN ENVIRONMENTALLY FRIENDLY, FINANCIALLY SUSTAINABLE, AFFORDABLE TRANSPORTATION OPTION THAT'S IDEAL FOR SHORT TRIPS AND RESULTS IN FEWER VEHICLE MILES TRAVELED, LESS POLLUTION AND CONGESTION, MORE PERSONAL MOBILITY AND BETTER HEALTH AND WELLNESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT AND THE FINANCE COMMITTEE REVIEW AND APPROVE THE 990 PRIOR TO FILING. THE BOARD OF DIRECTORS IS PROVIDED THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS MONITORED FOR NEW BOARD MEMBERS AS THEY ARE INDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD CONSIDERED SEVERAL FACTORS IN ARRIVING AT THE EXECUTIVE DIRECTOR'S SALARY, INCLUDING CURRENT MARKET FACTORS, INDUSTRY EXPERIENCE, AND OPERATING BUDGET CONSIDERATIONS. THE BOARD ANNUALLY APPROVES THE EXECUTIVE DIRECTOR'S SALARY AS PART OF THE OVERALL BUDGET PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD APPROVES THE SALARIES OF ALL OTHER OFFICERS AND KEY EMPLOYEES AS PART OF THE OVERALL BUDGET PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REASONABLE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt065000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0869914
IRS990/TotalAssetsGrp/BOYAmt0665971
IRS990/TotalAssetsGrp/EOYAmt0869914
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0699539
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt042306
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0117021
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0517406
IRS990/TotalFunctionalExpensesGrp/TotalAmt0676733
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024147
IRS990/TotalLiabilitiesEOYAmt030833
IRS990/TotalLiabilitiesGrp/BOYAmt024147
IRS990/TotalLiabilitiesGrp/EOYAmt030833
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0641824
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0839081
IRS990/TotalProgramServiceExpensesAmt0517406
IRS990/TotalProgramServiceRevenueAmt0171086
IRS990/TotalReportableCompFromOrgAmt074800
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0174451
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0873990
IRS990/TotalVolunteersCnt04
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0869914
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0576824
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0839081
IRS990/UponRequestInd0X

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