Civic Intelligence

Green Mountain Foster Bikes

EIN 81-5087288 • 501(c)3 • Vergennes, VT

Pub. 78 Eligible990-N Coverage

Profile

Green Mountain Foster Bikes (GMFB) is a Vermont-based nonprofit with a mission to give foster kids a bicycle to ride.

62 Meigs RoadVergennes, VT 05491

greenmountainfosterbikes.org

Siviq Scores

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

Liabilities / Assets

85th percentile

0.29x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

90th percentile

0.40x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

98th percentile

99%

Higher net margin than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

Down

$489,398

Down $4,823 (-1.0%) from 2021

Liabilities

Down

$139,791

Down $2,209 (-1.6%) from 2021

Net Assets

Down

$349,607

Down $2,614 (-0.7%) from 2021

Revenue

Down

$29,400

Down $322,426 (-92%) from 2021

Expenses

Up

$32,014

Up $28,782 (+891%) from 2021

Net Income

Down

-$2,614

Down $351,208 (-101%) from 2021

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2021: $494,221Liabilities 2021: $142,000Net Assets 2021: $352,2212021Assets 2022: $489,398Liabilities 2022: $139,791Net Assets 2022: $349,6072022

Highlighted filing

2022

Assets$489,398
Liabilities$139,791
Net Assets$349,607

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2021: $351,826Expenses 2021: $3,232Net Income 2021: $348,5942021Revenue 2022: $29,400Expenses 2022: $32,014Net Income 2022: -$2,6142022

Highlighted filing

2022

Revenue$29,400
Expenses$32,014
Net Income-$2,614

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 11, 2023
Return Version
2022v5.0
Gross Receipts
$29,400
Mission and Program Overview

Mission

Green Mountain Foster Bikes (GMFB) is a Vermont-based nonprofit with a mission to give foster kids a bicycle to ride.

Green Mountain Foster Bikes ("GMFB") is a Vermont-based nonprofit with a mission to give foster kids a bicycle to ride.

Program Services

DescriptionGrantsExpenses
In 2022, Green Mountain Foster Bike's volunteers and board membersrebuilt bicycles and provided them - along with helmets, pumps, ragsand oil - to dozens of foster kids around Vermont.$0$21,945
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Timothy C MathewsonPresident-$0--
Tanya BashawVice President & Treasurer-$0--
Charles WhitneySecretary-$0--
Filing and Contact Details

Filer

Filer Name
Green Mountain Foster Bikes
EIN
81-5087288
Phone
8028773000
Address
62 Meigs Road, Vergennes, VT 05491

Signing Officer

Name
Timothy C Mathewson
Title
President
Phone
8028773000
Signed
2023-10-11
Discuss with paid preparer
Yes

Preparer

Firm
Tapia & Huckabay PC
Address
PO Box 38, Vergennes, VT 05491
Preparer
William S Huckabay CPA
Phone
8028707086
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

Rental income 18050.

Form 990EZ, Part I, Line 16

Depreciation 10050.

Form 990EZ, Part I, Line 16

Interest expense 2116.

Form 990EZ, Part I, Line 16

Insurance 1873.

Form 990EZ, Part I, Line 16

Bicycle parts and supplies 705.

Form 990EZ, Part I, Line 16

Moving expenses 543.

Form 990EZ, Part I, Line 16

Fees and permits 85.

Form 990EZ, Part I, Line 16

Office expenses 38.

Form 990EZ, Part II, Line 24

Prepaid expenses 930. 740.

Form 990EZ, Part II, Line 24

Equipment, net of accumulated depreciation 429. 1383.

Form 990EZ, Part II, Line 26

Seller-financed mortgage payable 142000. 139095.

Form 990EZ, Part II, Line 26

Accrued expenses 0. 696.

Raw XML Appendix209 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Charles Whitney
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President & Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt01359
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02123
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt015410
IRS990EZ/OtherRevenueTotalAmt018050
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Green Mountain Foster Bikes ("GMFB") is a Vermont-based nonprofit with a mission to give foster kids a bicycle to ride.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt00
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IRS990EZ/SpecialEventsDirectExpensesAmt00
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IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0142000
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt011350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt010773
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02336
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04256
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt032448
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt012776
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IRS990ScheduleA/SubstantialContributorsTotAmt09120
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Rental income 18050.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation 10050.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interest expense 2116.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance 1873.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bicycle parts and supplies 705.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Moving expenses 543.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Fees and permits 85.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Office expenses 38.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Prepaid expenses 930. 740.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Equipment, net of accumulated depreciation 429. 1383.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Seller-financed mortgage payable 142000. 139095.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Timothy C Mathewson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08028773000
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Green Mountain Foster Bikes
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0815087288
ReturnHeader/Filer/PhoneNum08028773000
ReturnHeader/Filer/USAddress/AddressLine1Txt062 Meigs Road
ReturnHeader/Filer/USAddress/CityNm0Vergennes
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005491
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471371818
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tapia & Huckabay PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 38
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Vergennes
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005491
ReturnHeader/PreparerPersonGrp/PhoneNum08028707086
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William S Huckabay CPA
ReturnHeader/ReturnTs02023-10-12T08:00:54-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Timothy
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Mathewson
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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