Civic Intelligence

Boneshaker Project

990EZ • Fiscal year 2018 • EIN 45-2961276

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

PO Box No 1762Austin, TX 78767

(580) 382-0895

Siviq Scores

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

Liabilities / Assets

99th percentile

6.90x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

1.92x

Higher debt load relative to revenue than 97% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

6th percentile

-73%

Higher net margin than 6% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

16th percentile

-28%

Faster asset growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

3rd percentile

-90%

Faster revenue growth than 3% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$5,815

Down $2,266 (-28%) from 2017

Net Assets

Down

-$34,285

Down $15,266 (-80%) from 2017

Liabilities

Up

$40,100

Up $13,000 (+48%) from 2017

Revenue

Down

$20,920

Down $179,550 (-90%) from 2017

Expenses

Down

$36,186

Down $215,567 (-86%) from 2017

Net Income

Up

-$15,266

Up $36,017 (+70%) from 2017

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0-$20K-$40KAssets 2012: $35,020Net Assets 2012: $35,0202012Assets 2013: $22,268Liabilities 2013: $1,093Net Assets 2013: $21,1752013Assets 2014: $22,683Liabilities 2014: $14,462Net Assets 2014: $8,2212014Assets 2015: $39,685Liabilities 2015: $13,100Net Assets 2015: $26,5852015Assets 2016: $45,370Liabilities 2016: $13,106Net Assets 2016: $32,2642016Assets 2017: $8,081Liabilities 2017: $27,100Net Assets 2017: -$19,0192017Assets 2018: $5,815Liabilities 2018: $40,100Net Assets 2018: -$34,2852018Assets 2019: $30,553Liabilities 2019: $40,100Net Assets 2019: -$9,5472019Assets 2020: $15,463Liabilities 2020: $35,1002020Assets 2021: $9,729Liabilities 2021: $35,100Net Assets 2021: -$25,3712021

Highlighted filing

2018

Assets$5,815
Liabilities$40,100
Net Assets-$34,285

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $92,046Expenses 2012: $57,430Net Income 2012: $34,6162012Revenue 2013: $135,492Expenses 2013: $149,337Net Income 2013: -$13,8452013Revenue 2014: $164,103Expenses 2014: $177,057Net Income 2014: -$12,9542014Revenue 2015: $214,753Expenses 2015: $196,389Net Income 2015: $18,3642015Revenue 2016: $283,454Expenses 2016: $277,775Net Income 2016: $5,6792016Revenue 2017: $200,470Expenses 2017: $251,753Net Income 2017: -$51,2832017Revenue 2018: $20,920Expenses 2018: $36,186Net Income 2018: -$15,2662018Revenue 2019: $49,645Expenses 2019: $24,907Net Income 2019: $24,7382019Revenue 2020: $46,865Expenses 2020: $56,955Net Income 2020: -$10,0902020Revenue 2021: $25,826Expenses 2021: $31,560Net Income 2021: -$5,7342021

Highlighted filing

2018

Revenue$20,920
Expenses$36,186
Net Income-$15,266
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$64,058
Mission and Program Overview

Mission

To inspire kids to lead healthy active lifestyle

Program Services

DescriptionGrantsExpenses
See Schedule O-$36,186
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Todd ReedChairman-$0--
Paul CarrozzaActing Executive DirectorPT$0--
Alfonso BarraganMember-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
PB Road Race$41,961$41,961$29,526$12,435
Total Events$41,961$41,961$43,138$-1,177
Filing and Contact Details

Filer

Filer Name
Boneshaker Project
EIN
45-2961276
Phone
5803820895
Address
PO Box No 1762, Austin, TX 78767

Signing Officer

Name
Todd Reed
Title
Chairman
Phone
5803821895
Signed
2019-11-14
Discuss with paid preparer
No

Preparer

Firm
Hibbetts & Speers PC
Address
707 West 34th Street, Austin, TX 78705-1204
Preparer
Gary C Speers
Phone
5124525711
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

Travel 1,363

Form 990-EZ, Part I, Line 16, Other Expenses

Meals and entertainment 9

Form 990-EZ, Part I, Line 16, Other Expenses

Fundraising 19,128

Form 990-EZ, Part I, Line 16, Other Expenses

Equipment rental and maintenance 3,094

Form 990-EZ, Part I, Line 16, Other Expenses

Supplies 571

Form 990-EZ, Part I, Line 16, Other Expenses

Depreciation 2,545

Form 990-EZ, Part II, Line 26, Liabilities

Loan from Todd A. Reed Beginning of year 27,100, End of year 40,100

Form 990-EZ, Part III, Line 28

Education Outreach - Boneshaker Project has provided seven years of active programs for local Austin kids, free or low cost, in schools and parks across town. We tour schools in the Austin area and introduce students and families to the joys and benefits of being active and enjoying healthy lifestyles. These educational and unique events are always offered free of cost and have included fitness safety lessons, bike rodeos, obstacle courses, surfing, bike races and other fun fitness activities. We continue to join our Central Texas community at various events throughout the year. The Boneshaker Experience means we bring our mobile fleet of bikes and provide free, fun activities with expert coaching.

Form 990-EZ, Part III, Line 28

Born to Run Program - Is an afterschool running program for kids that teaches them how to run, how to progress and finds hidden talents. BTR is afterschool once a week and is coached by an oncampus coach sourced from the teachers and parents. It is built around the training principles that the top runners in the world use. We partner Central Texas Middle Schools and Elementary Schools to create adventurous training through the elite Born to Run Program.

Form 990-EZ, Part III, Line 28

Programs in Parks - In partnership with Austin Parks Recreation, Boneshaker Project takes after-school programs to the next level with fitness, bikes, and lots of laughs This program is free to kids enrolled in the parks program, but it is also free and open to any community youth. We have a mobile fleet of bikes that we bring to each park on afternoons during the school year. Participants have access to bikes, helmets, snacks and professional coaching. Kids learn bike maintenance and safety skills before going on rides and challenging their limits. Find us at Rosewood Park and Recreation Center, LauchPad the Center, Dove Springs Recreation Center, Gas Garcia Recreation Center, South Austin Recreation Center and Dittmar Recreation Center.

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

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Depreciation 2,545
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Loan from Todd A. Reed Beginning of year 27,100, End of year 40,100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Education Outreach - Boneshaker Project has provided seven years of active programs for local Austin kids, free or low cost, in schools and parks across town. We tour schools in the Austin area and introduce students and families to the joys and benefits of being active and enjoying healthy lifestyles. These educational and unique events are always offered free of cost and have included fitness safety lessons, bike rodeos, obstacle courses, surfing, bike races and other fun fitness activities. We continue to join our Central Texas community at various events throughout the year. The Boneshaker Experience means we bring our mobile fleet of bikes and provide free, fun activities with expert coaching.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Born to Run Program - Is an afterschool running program for kids that teaches them how to run, how to progress and finds hidden talents. BTR is afterschool once a week and is coached by an oncampus coach sourced from the teachers and parents. It is built around the training principles that the top runners in the world use. We partner Central Texas Middle Schools and Elementary Schools to create adventurous training through the elite Born to Run Program.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Programs in Parks - In partnership with Austin Parks Recreation, Boneshaker Project takes after-school programs to the next level with fitness, bikes, and lots of laughs This program is free to kids enrolled in the parks program, but it is also free and open to any community youth. We have a mobile fleet of bikes that we bring to each park on afternoons during the school year. Participants have access to bikes, helmets, snacks and professional coaching. Kids learn bike maintenance and safety skills before going on rides and challenging their limits. Find us at Rosewood Park and Recreation Center, LauchPad the Center, Dove Springs Recreation Center, Gas Garcia Recreation Center, South Austin Recreation Center and Dittmar Recreation Center.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part III, Line 28
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ReturnHeader/TaxPeriodEndDt02018-12-31
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