Civic Intelligence

Boulder Bike Sharing DBA Boulder B-Cycle

990 • Fiscal year 2019 • EIN 27-2772682

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 11, 2020

2805 Wilderness PlaceBoulder, CO 80301

(303) 532-4412

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

23rd percentile

-10%

Higher net margin than 23% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

96th percentile

$75,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 15.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

16th percentile

-29%

Faster asset growth than 16% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

58th percentile

6.5%

Faster revenue growth than 58% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$372,969

Down $153,603 (-29%) from 2018

Net Assets

Down

$369,958

Down $134,606 (-27%) from 2018

Liabilities

Down

$3,011

Down $18,997 (-86%) from 2018

Revenue

Up

$499,381

Up $30,692 (+6.5%) from 2018

Expenses

Up

$550,851

Up $741 (+0.1%) from 2018

Net Income

Up

-$51,470

Up $29,951 (+37%) from 2018

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

2019

Assets$372,969
Liabilities$3,011
Net Assets$369,958

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

2019

Revenue$499,381
Expenses$550,851
Net Income-$51,470
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 11, 2020
Return Version
2019v5.1
Gross Receipts
$499,381
Mission and Program Overview

Mission

SEE SCHEDULE O - OTHER

Promote health, quality of life and preservation of the environment in boulder, colorado by building and operating a comprehensive city-wide bike sharing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$318,087$245,151▼ $72,936
Cash and Non-Interest-Bearing Accounts$90,447$97,605▲ $7,158
Savings and Temporary Cash Investments$23,832$24,002▲ $170
Pledges and Grants Receivable$5,750$0▼ $5,750
Intangible Assets$3,863--
Accounts Receivable$1,457$1,576▲ $119
Total Assets$443,436$372,969▼ $70,467
Other Assets Total-$4,635-
Liabilities
Deferred Revenue$21,250--
Accounts Payable and Accrued Expenses$758$3,011▲ $2,253
Total Liabilities$22,008$3,011▼ $18,997
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$421,428$369,958▼ $51,470
Total Net Assets Fund Balance$421,428$369,958▼ $51,470
Total Liabilities and Net Assets / Fund Balance$443,436$372,969▼ $70,467

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$109,592-
Land$0-$0
Equipment$242,926$1,275,789-
Leasehold Improvements$2,225$23,206-
Other Assets Org$3,054--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kevin CrouseExecutive DirectorFT$75,000$75,000

Board Members and Trustees

NameTitle
Gary GomulinskiBoard Chair
Jeremy WilsonBoard Treasurer
Andrea BeattyDirector
Brandon SmithDirector
Catherine GreenerDirector
Clark RiderDirector
Dave KempDirector
Dave KingsburyDirector
Liles LipeDirector
Michael-ryan MccartyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$352,291
Program Service Revenue
$146,400
Investment Income
$0
Other Revenue
$690
All Other Contributions
$222,291
Change in Net Assets
$-51,470
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$300,828
Salaries, Compensation, and Employee Benefits$248,028
Total Fundraising Expense$38,686
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$91,914$30,638$30,638$153,190
Depreciation Depletion$86,119$5,612$0$91,731
Current Officers, Directors, Trustees, and Key Employees$37,500$37,500$0$75,000
Information Technology$69,727$0$0$69,727
Insurance$22,293$5,573$0$27,866
All Other Expenses$352$16,942$2,289$19,583
Occupancy$9,326$9,326$0$18,652
Payroll Taxes$10,035$5,283$2,376$17,694
Other Expenses$10,985$0$0$10,985
Advertising$6,620$0$2,944$9,564
Fees for Services Accounting$0$8,602$0$8,602
Office Expenses$838$3,613$279$4,730
Pension Plan Contributions$2,144$0$0$2,144
Benefits to Members$1,995--$1,995
Fees for Services Other$0$0$160$160
Total Functional Expenses$389,076$123,089$38,686$550,851
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 35% controlled entity
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Boulder Bike Sharing
EIN
27-2772682
Phone
3035324412
Address
2805 WILDERNESS PLACE, Boulder, CO 80301
Doing Business As
Boulder B-cycle

Signing Officer

Name
Kevin Crouse
Title
Officer
Phone
3035324412
Signed
2020-09-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Crouse
Formed
2010
Legal Domicile
Co
Voting Board Members
15
Independent Board Members
15
Employees
9
Volunteers
2

Preparer

Firm
Ellis BLB
Address
729 Main Street, Longmont, CO 80501
Preparer
Greg Ellis
Phone
7204942552
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

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.

Pt 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.

Pt VI, Line 12C

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

Pt 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.

Pt VI, Line 15B

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

Pt VI, Line 19

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

Other

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/OtherSalariesAndWagesGrp/ProgramServicesAmt091914
IRS990/OtherSalariesAndWagesGrp/TotalAmt0153190
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02376
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05283
IRS990/PayrollTaxesGrp/ProgramServicesAmt010035
IRS990/PayrollTaxesGrp/TotalAmt017694
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02144
IRS990/PensionPlanContributionsGrp/TotalAmt02144
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt05750
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KEVIN CROUSE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0480000
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP/USAGE FEES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0146400
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0310213
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0314092
IRS990/PYOtherRevenueAmt0406
IRS990/PYProgramServiceRevenueAmt0158070
IRS990/PYRevenuesLessExpensesAmt0-81421
IRS990/PYSalariesCompEmpBnftPaidAmt0236018
IRS990/PYTotalExpensesAmt0550110
IRS990/PYTotalRevenueAmt0468689
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-51470
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0352291
IRS990/SavingsAndTempCashInvstGrp/BOYAmt023832
IRS990/SavingsAndTempCashInvstGrp/EOYAmt024002
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: OTHER INCOME 2015: 0. 2016: 423. 2017: 539. 2018: 407. 2019: 690.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0462531
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0251282
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0265462
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0277903
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0514381
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01771559
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0690
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0407
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0539
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0423
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02059
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99880
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99760
IRS990ScheduleA/PublicSupportTotal170Amt01771559
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0462531
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0251282
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0265462
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0277903
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0514381
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01771559
IRS990ScheduleA/TotalSupportAmt01773618
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/BookValueAmt0242926
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01275789
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01518715
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02225
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt023206
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt025431
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt054
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11527
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt23054
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0EMPLOYEE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PREPAID RENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RENT DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0109592
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0109592
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0245151
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04635
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/ExplanationTxt6TO 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/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0443436

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