Civic Intelligence

We-Cycle

EIN 36-4679302 • 501(c)3 • Aspen, CO

Profile

We-cycle's mission is to connect people to place with community-supported bike share.

465 North Mill St 3Aspen, CO 81611

www.we-cycle.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.44x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.37x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

37th percentile

-0.8%

Higher net margin than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

51st percentile

4.4%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

67th percentile

18%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Down

$1,951,390

Down $269,380 (-12%) from 2023

Liabilities

Down

$863,142

Down $249,052 (-22%) from 2023

Net Assets

Down

$1,088,248

Down $20,328 (-1.8%) from 2023

Revenue

Down

$2,345,191

Down $785,359 (-25%) from 2023

Expenses

Down

$2,363,860

Down $700,446 (-23%) from 2023

Net Income

Down

-$18,669

Down $84,913 (-128%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2012: $81,680Liabilities 2012: $0Net Assets 2012: $81,6802012Assets 2013: $379,207Liabilities 2013: $120,473Net Assets 2013: $258,7342013Assets 2014: $378,414Liabilities 2014: $119,615Net Assets 2014: $258,7992014Assets 2015: $404,164Liabilities 2015: $38,315Net Assets 2015: $365,8492015Assets 2016: $664,668Liabilities 2016: $42,119Net Assets 2016: $622,5492016Assets 2017: $694,706Liabilities 2017: $16,403Net Assets 2017: $678,3032017Assets 2018: $765,489Liabilities 2018: $5,079Net Assets 2018: $760,4102018Assets 2019: $714,203Liabilities 2019: $25,421Net Assets 2019: $688,7822019Assets 2020: $893,195Liabilities 2020: $100,487Net Assets 2020: $792,7082020Assets 2021: $1,110,568Liabilities 2021: $205,298Net Assets 2021: $905,2702021Assets 2022: $1,790,927Liabilities 2022: $748,595Net Assets 2022: $1,042,3322022Assets 2023: $2,220,770Liabilities 2023: $1,112,194Net Assets 2023: $1,108,5762023Assets 2024: $1,951,390Liabilities 2024: $863,142Net Assets 2024: $1,088,2482024

Highlighted filing

2024

Assets$1,951,390
Liabilities$863,142
Net Assets$1,088,248

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $95,475Expenses 2012: $26,308Net Income 2012: $69,1672012Revenue 2013: $352,586Expenses 2013: $218,798Net Income 2013: $133,7882013Revenue 2014: $249,384Expenses 2014: $249,319Net Income 2014: $652014Revenue 2015: $406,178Expenses 2015: $299,128Net Income 2015: $107,0502015Revenue 2016: $722,794Expenses 2016: $466,094Net Income 2016: $256,7002016Revenue 2017: $518,927Expenses 2017: $464,933Net Income 2017: $53,9942017Revenue 2018: $684,036Expenses 2018: $602,127Net Income 2018: $81,9092018Revenue 2019: $623,107Expenses 2019: $694,789Net Income 2019: -$71,6822019Revenue 2020: $746,073Expenses 2020: $689,397Net Income 2020: $56,6762020Revenue 2021: $889,181Expenses 2021: $776,519Net Income 2021: $112,6622021Revenue 2022: $1,675,508Expenses 2022: $1,551,356Net Income 2022: $124,1522022Revenue 2023: $3,130,550Expenses 2023: $3,064,306Net Income 2023: $66,2442023Revenue 2024: $2,345,191Expenses 2024: $2,363,860Net Income 2024: -$18,6692024

Highlighted filing

2024

Revenue$2,345,191
Expenses$2,363,860
Net Income-$18,669

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.86$1.09$2.35$2.36$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.22$1.11$1.11$3.13$3.06$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.79$0.75$1.04$1.68$1.55$0.12
2021Detailed filing. Detailed filing data is available for this year.$1.11$0.21$0.91$0.89$0.78$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.89$0.10$0.79$0.75$0.69$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.71$0.03$0.69$0.62$0.69$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.01$0.76$0.68$0.60$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.69$0.02$0.68$0.52$0.46$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.66$0.04$0.62$0.72$0.47$0.26
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.04$0.37$0.41$0.30$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.12$0.26$0.25$0.25$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.38$0.12$0.26$0.35$0.22$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$0.10$0.03$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$2,345,191
Mission and Program Overview

Mission

WE-cycle is a 501(c)(3) nonprofit committed to providing easily accessible bicycles within the Roaring Fork Valley to be used for around town transportation and to facilitate connectivity to other transportation options. WE-cycle's vision is one in which increased bike and multi-modal transportation use fosters a more livable, vibrant, healthy, and environmentally-engaged community.

We-cycle's mission is to connect people to place with community-supported bike share.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$612,068$941,582▲ $329,514
Land, Buildings, and Equipment, Net$502,614$461,012▼ $41,602
Accounts Receivable$750,135$123,061▼ $627,074
Inventories for Sale or Use$68,166$23,492▼ $44,674
Total Assets$2,220,770$1,951,390▼ $269,380
Other Assets Total$287,787$402,243▲ $114,456
Liabilities
Deferred Revenue$221,972$489,086▲ $267,114
Other Liabilities$356,399$318,313▼ $38,086
Accounts Payable and Accrued Expenses$512,702$40,451▼ $472,251
Mortgage Notes Payable Secured by Investment Property$21,121$15,292▼ $5,829
Total Liabilities$1,112,194$863,142▼ $249,052
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,108,576$1,088,248▼ $20,328
Total Net Assets Fund Balance$1,108,576$1,088,248▼ $20,328
Total Liabilities and Net Assets / Fund Balance$2,220,770$1,951,390▼ $269,380

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$461,012$548,233$1,009,245
Other Assets Org$350,647--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mirte MalloryExecutive DirectorFT$158,570$158,570
Jack DimmitSystem DirectorFT$119,189$119,189

Board Members and Trustees

NameTitle
Richard RosenfeldChair/treasurer
Michael MiracleVice-chair

Highest Paid Contractors

ContractorServicesLocationCompensation
Michael J Glen JrFractional Cfo Services354 BLACK BEAR TRL, Carbondale, CO 81623$125,400
Revenue and Support

Revenue Composition

Contributions and Grants
$2,080,549
Program Service Revenue
$264,642
Investment Income
$0
Other Revenue
$0
All Other Contributions
$32,459
Change in Net Assets
$-18,669
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,409,447
Salaries, Compensation, and Employee Benefits$954,413
Total Fundraising Expense$11,453
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$553,263$76,488$7,649$637,400
Current Officers, Directors, Trustees, and Key Employees$137,639$19,028$1,903$158,570
Fees for Services Accounting-$122,650-$122,650
Occupancy$56,916$50,471-$107,387
Insurance$79,793$6,939-$86,732
Payroll Taxes$69,590$9,621$962$80,173
Depreciation Depletion$69,878--$69,878
Fees for Services Other$66,422--$66,422
Advertising$65,668--$65,668
Other Employee Benefits$55,681$7,698$770$64,149
Office Expenses$24,070$27,143-$51,213
Information Technology$26,013--$26,013
Other Expenses$21,595--$21,595
Pension Plan Contributions$12,257$1,695$169$14,121
Conferences and Meetings$11,683--$11,683
Fees for Services Legal-$4,750-$4,750
Interest$27--$27
Total Functional Expenses$2,025,924$326,483$11,453$2,363,860
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
Provision for Facilities Upgrades$171,200
Payroll Liabilities$122,113
Carryover Funds$25,000
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
No
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

Governance Explanations

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

Sent to board for review prior to filing.

Form 990, Part VI, Section B, Line 12C

Discussed at board meetings

Form 990, Part VI, Section C, Line 19

Organizing documents and 990 are available on the website or upon request.

Filing and Contact Details

Filer

Filer Name
We-cycle
EIN
36-4679302
Phone
9702059222
Address
465 NORTH MILL ST 3, ASPEN, CO 81611

Signing Officer

Name
Mirte Mallory
Title
Executive Director
Phone
9702059222
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mirte Mallory
Formed
2010
Legal Domicile
Co
Voting Board Members
2
Independent Board Members
2
Employees
29
Volunteers
2

Preparer

Firm
Reese Henry & Company Inc
Address
400 E MAIN ST STE 2, ASPEN, CO 81611
Preparer
Erin Davis CPA
Phone
9709253771
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Book/tax depreciation adjustment -1,659.

Raw XML AppendixShowing 400 of 412 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt138546
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SENT TO BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DISCUSSED AT BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZING DOCUMENTS AND 990 ARE AVAILABLE ON THE WEBSITE OR UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK/TAX DEPRECIATION ADJUSTMENT -1,659.
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