Civic Intelligence

Simple Cycle Inc

990EZ • Fiscal year 2019 • EIN 45-3367108

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 09, 2020

4455 6th StreetPhiladelphia, PA 19140

(216) 609-9974

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

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

Liabilities / Revenue

57th percentile

0.00x

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

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

Net Margin

1st percentile

-651%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

3rd percentile

-92%

Faster asset growth than 3% of similar nonprofits.

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

Revenue Growth

3rd percentile

-84%

Faster revenue growth than 3% of similar nonprofits.

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

Assets

Down

$547

Down $6,102 (-92%) from 2018

Net Assets

Down

$547

Down $6,102 (-92%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$938

Down $5,006 (-84%) from 2018

Expenses

Up

$7,040

Up $4,220 (+150%) from 2018

Net Income

Down

-$6,102

Down $9,226 (-295%) from 2018

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2014: $11,175Liabilities 2014: $0Net Assets 2014: $11,1752014Assets 2015: $10,934Liabilities 2015: $0Net Assets 2015: $10,9342015Assets 2016: $7,898Liabilities 2016: $0Net Assets 2016: $7,8982016Assets 2017: $3,525Liabilities 2017: $0Net Assets 2017: $3,5252017Assets 2018: $6,649Liabilities 2018: $0Net Assets 2018: $6,6492018Assets 2019: $547Liabilities 2019: $0Net Assets 2019: $5472019Assets 2020: $547Liabilities 2020: $0Net Assets 2020: $5472020

Highlighted filing

2019

Assets$547
Liabilities$0
Net Assets$547

Operations Trend

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

$100K$50K$0-$50KRevenue 2014: $67,442Expenses 2014: $65,381Net Income 2014: $2,0612014Revenue 2015: $70,344Expenses 2015: $69,892Net Income 2015: $4522015Revenue 2016: $86,392Expenses 2016: $79,612Net Income 2016: $6,7802016Revenue 2017: $27,734Expenses 2017: $32,107Net Income 2017: -$4,3732017Revenue 2018: $5,944Expenses 2018: $2,820Net Income 2018: $3,1242018Revenue 2019: $938Expenses 2019: $7,040Net Income 2019: -$6,1022019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020

Highlighted filing

2019

Revenue$938
Expenses$7,040
Net Income-$6,102
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 9, 2020
Return Version
2019v5.0
Gross Receipts
$1,228
Mission and Program Overview

Mission

Simple Cycle uses bicycles to promote the transforming power of Christ. This includes providing employment opportunities in North Philadelphia, partnering with community organizations, promoting health through bicycling, and mentoring youth and adults through bicycle programming. We are in the process terminating our organization.

Simple Cycle uses bicycles to promote the transforming power of Christ. This includes providing employment opportunities in North Philadelphia, partnering with community organizations, promoting health through bicycling, and mentoring youth and adults through bicycle programming.

Program Services

DescriptionGrantsExpenses
There were no programs developed this year. The organization is in the process of dissolving but has not completed all the necessary steps.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David CrosscombeBoard Chair-$0--
Filing and Contact Details

Filer

Filer Name
Simple Cycle Inc
EIN
45-3367108
Phone
2166099974
Address
4455 6th Street, Philadelphia, PA 19140

Signing Officer

Name
David Crosscombe
Title
Board Chair
Phone
2158219556
Signed
2020-07-09
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Advertising;144|insurance;580|bank charges;543|PA sales tax;180|office expenses;941^Total;2388^

Raw XML Appendix206 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.

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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02020-09-22 18:59:49Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum02158219556
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIMPLE CYCLE INC
ReturnHeader/Filer/BusinessNameControlTxt0SIMP
ReturnHeader/Filer/EIN0453367108
ReturnHeader/Filer/PhoneNum02166099974
ReturnHeader/Filer/USAddress/AddressLine1Txt04455 6th Street
ReturnHeader/Filer/USAddress/CityNm0Philadelphia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019140
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.165.103.131
ReturnHeader/ReturnTs02020-07-09T11:27:58-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings