Civic Intelligence

Sopo Bicycle Cooperative

990EZ • Fiscal year 2014 • EIN 83-0431387

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

1270 Caroline Street NE D120-392Atlanta, GA 30307

(404) 425-9769

Siviq Scores

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

Liabilities / Assets

68th percentile

0.03x

Higher debt load relative to assets than 68% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

82nd percentile

42%

Faster asset growth than 82% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

85th percentile

47%

Faster revenue growth than 85% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$57,783

Up $17,012 (+42%) from 2013

Net Assets

Up

$56,022

Up $16,886 (+43%) from 2013

Liabilities

Up

$1,761

Up $126 (+7.7%) from 2013

Revenue

Up

$56,923

Up $18,291 (+47%) from 2013

Expenses

Down

$39,780

Down $6,283 (-14%) from 2013

Net Income

Up

$17,143

Up $24,574 (+331%) from 2013

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $66,175Liabilities 2011: $02011Assets 2012: $48,534Liabilities 2012: $1,740Net Assets 2012: $46,7942012Assets 2013: $40,771Liabilities 2013: $1,635Net Assets 2013: $39,1362013Assets 2014: $57,783Liabilities 2014: $1,761Net Assets 2014: $56,0222014Assets 2015: $63,507Net Assets 2015: $63,5072015Assets 2016: $72,167Liabilities 2016: $5,283Net Assets 2016: $66,8842016Assets 2017: $62,636Net Assets 2017: $62,6362017Assets 2018: $65,536Liabilities 2018: $6,187Net Assets 2018: $59,3492018Assets 2019: $43,229Liabilities 2019: $02019Assets 2020: $42,096Liabilities 2020: $0Net Assets 2020: $42,0962020Assets 2021: $37,767Liabilities 2021: $0Net Assets 2021: $37,7672021Assets 2022: $34,780Liabilities 2022: $0Net Assets 2022: $34,7802022

Highlighted filing

2014

Assets$57,783
Liabilities$1,761
Net Assets$56,022

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $32,791Expenses 2011: $33,699Net Income 2011: -$9082011Revenue 2012: $34,085Expenses 2012: $53,572Net Income 2012: -$19,4872012Revenue 2013: $38,632Expenses 2013: $46,063Net Income 2013: -$7,4312013Revenue 2014: $56,923Expenses 2014: $39,780Net Income 2014: $17,1432014Revenue 2015: $45,581Expenses 2015: $37,816Net Income 2015: $7,7652015Revenue 2016: $59,673Expenses 2016: $56,003Net Income 2016: $3,6702016Revenue 2017: $42,499Expenses 2017: $46,456Net Income 2017: -$3,9572017Revenue 2018: $41,253Expenses 2018: $44,246Net Income 2018: -$2,9932018Revenue 2019: $53,564Expenses 2019: $72,744Net Income 2019: -$19,1802019Revenue 2020: $45,522Expenses 2020: $46,655Net Income 2020: -$1,1332020Revenue 2021: $53,560Expenses 2021: $57,889Net Income 2021: -$4,3292021Revenue 2022: $41,965Expenses 2022: $44,952Net Income 2022: -$2,9872022

Highlighted filing

2014

Revenue$56,923
Expenses$39,780
Net Income$17,143
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$56,923
Mission and Program Overview

Mission

To create equitable access to cycling by providing no or low cost bicycle maintenance service and education.

Program Services

DescriptionGrantsExpenses
2014 SAW AN INCREASE IN REVENUE AND IN PROGRAMMING FOR SOPO. PREVIOUSLY, WE SHARED OUR SPACE AT 586 WOODWARD AVENUE WITH WOODWARD CYCLERY, A BOUTIQUE SHOP. THEY CLOSED BUSINESS AND WE EXPANDED THE SHOP IN 2014. THIS NEW "FRONT SPACE" HAS ALLOWED US FIX UP MORE BIKES FOR SHOP EXPENSES AND TEACH A GROWING NUMBER OF CUSTOMERS AND VOLUNTEERS NEW BIKE MAINTENANCE SKILLS. ONE OF THE BIGGEST ACHIEVEMENTS OF 2014 WAS THE LAUNCHED OUR PROGRAM (THE LINK) WITH THE GATEWAY CENTER FOR HOMELESS. THE LINK STARTED OFF AS AN EARN-A-BIKE PROGRAM FOR HOMELESS VETERANS AT GATEWAY. OVER A 6-8 WEEK PROGRAM, HOMELESS VETERANS WERE ABLE TO PARTICIPATE IN BIKE MAINTENANCE CLASSES, VOLUNTEER AT THE SHOP, AND EARN A BICYCLE FOR THEIR TRANSPORTATION NEEDS. IN 2014, 35 RESIDENTS OF GATEWAY EARNED BICYCLES, WHICH GAVE THEM A MEANS OF TRANSPORTATION TO THEIR JOBS. MOST OF THESE PARTICIPANTS HAVE NOW BEEN ABLE TO SECURE FULL TIME EMPLOYMENT AND MOVE OUT OF GATEWAY. IN THE FINAL FEW MONTHS OF 2014, SOPO EMPLOYED FIVE OF THESE GATEWAY RESIDENTS AND THEY HELPED TO CLEAN UP THE SHOP AND FIX BICYCLES. THE LINK SECURED A 1,300 GRANT THROUGH A CREATIVE LOAFING DOGOOD PROJECT TO HELP WITH THE SUCCESS OF THIS PROGRAM. SOPO CONTINUED TO BE A VALUABLE COMMUNITY MEMBER THROUGH PARTNERSHIPS WITH LOCAL NONPROFITS INCLUDING ATLANTA BICYCLE COALITION, EAST ATLANTA KIDS CLUB, MACC, THE INTERNATIONAL RESCUE COMMITTEE, AND SEVERAL OTHERS.-$35,466
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SCOTT EHARDTVice Preside-$0--
STEPHEN SCHEINDirector-$0--
ERIC JASKIEWICZTreasurer-$0--
ROBERT BROWNPresident-$0--
REBECCA SERNADirector-$0--
JOSEPH WILKINSONDirector-$0--
TOMAS SANDSDirector-$0--
PATRICK DAVISSecretary-$0--
NORM ROBERTSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Sopo Bicycle Cooperative Inc
EIN
83-0431387
Phone
4044259769
Address
1270 CAROLINE STREET NE D120-392, ATLANTA, GA 30307

Signing Officer

Name
Kathryn Volzer
Title
Treasurer
Phone
4044259769
Signed
2015-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Long & Company Pc
Address
1325 SATELLITE BLVD NW STE 1504, SUWANEE, GA 30024-4662
Preparer
William E Long Jr CPA
Phone
6783274382
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office 87 conferences/meetings 142 insurance 2,168 dues and subscriptions 1,122 supplies 10,634 license 30 bank charges 39 non-investment depreciation 147 total 14,369

Form 990-ez, Part I, Line 20

Book / tax depreciation difference -257

Form 990-ez, Part II, Line 24

Equipment 847 847 less accumulated depreciation 212 333 shop buildout 2,826 2,826 less accumulated depreciation 424 707 total 3,037 2,633

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,635 1,761

Form 990-ez, Part III

To create equitable access to cycling by providing no or low cost bicycle maintenance service and education.

Form 990-ez, Part III, Line 28

2014 saw an increase in revenue and in programming for sopo. Previously, we shared our space at 586 woodward avenue with woodward cyclery, a boutique shop. They closed business and we expanded the shop in 2014. This new "front space" has allowed us fix up more bikes for shop expenses and teach a growing number of customers and volunteers new bike maintenance skills. One of the biggest achievements of 2014 was the launched our program (the link) with the gateway center for homeless. The link started off as an earn-a-bike program for homeless veterans at gateway. Over a 6-8 week program, homeless veterans were able to participate in bike maintenance classes, volunteer at the shop, and earn a bicycle for their transportation needs. In 2014, 35 residents of gateway earned bicycles, which gave them a means of transportation to their jobs. Most of these participants have now been able to secure full time employment and move out of gateway. In the final few months of 2014, sopo employed five of these gateway residents and they helped to clean up the shop and fix bicycles. The link secured a 1,300 grant through a creative loafing dogood project to help with the success of this program. Sopo continued to be a valuable community member through partnerships with local nonprofits including atlanta bicycle coalition, east atlanta kids club, macc, the international rescue committee, and several others.

Raw XML Appendix172 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/ExplanationTxt0EXPENSES OFFICE 87 CONFERENCES/MEETINGS 142 INSURANCE 2,168 DUES AND SUBSCRIPTIONS 1,122 SUPPLIES 10,634 LICENSE 30 BANK CHARGES 39 NON-INVESTMENT DEPRECIATION 147 TOTAL 14,369
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOOK / TAX DEPRECIATION DIFFERENCE -257
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EQUIPMENT 847 847 LESS ACCUMULATED DEPRECIATION 212 333 SHOP BUILDOUT 2,826 2,826 LESS ACCUMULATED DEPRECIATION 424 707 TOTAL 3,037 2,633
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,635 1,761
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO CREATE EQUITABLE ACCESS TO CYCLING BY PROVIDING NO OR LOW COST BICYCLE MAINTENANCE SERVICE AND EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt52014 SAW AN INCREASE IN REVENUE AND IN PROGRAMMING FOR SOPO. PREVIOUSLY, WE SHARED OUR SPACE AT 586 WOODWARD AVENUE WITH WOODWARD CYCLERY, A BOUTIQUE SHOP. THEY CLOSED BUSINESS AND WE EXPANDED THE SHOP IN 2014. THIS NEW "FRONT SPACE" HAS ALLOWED US FIX UP MORE BIKES FOR SHOP EXPENSES AND TEACH A GROWING NUMBER OF CUSTOMERS AND VOLUNTEERS NEW BIKE MAINTENANCE SKILLS. ONE OF THE BIGGEST ACHIEVEMENTS OF 2014 WAS THE LAUNCHED OUR PROGRAM (THE LINK) WITH THE GATEWAY CENTER FOR HOMELESS. THE LINK STARTED OFF AS AN EARN-A-BIKE PROGRAM FOR HOMELESS VETERANS AT GATEWAY. OVER A 6-8 WEEK PROGRAM, HOMELESS VETERANS WERE ABLE TO PARTICIPATE IN BIKE MAINTENANCE CLASSES, VOLUNTEER AT THE SHOP, AND EARN A BICYCLE FOR THEIR TRANSPORTATION NEEDS. IN 2014, 35 RESIDENTS OF GATEWAY EARNED BICYCLES, WHICH GAVE THEM A MEANS OF TRANSPORTATION TO THEIR JOBS. MOST OF THESE PARTICIPANTS HAVE NOW BEEN ABLE TO SECURE FULL TIME EMPLOYMENT AND MOVE OUT OF GATEWAY. IN THE FINAL FEW MONTHS OF 2014, SOPO EMPLOYED FIVE OF THESE GATEWAY RESIDENTS AND THEY HELPED TO CLEAN UP THE SHOP AND FIX BICYCLES. THE LINK SECURED A 1,300 GRANT THROUGH A CREATIVE LOAFING DOGOOD PROJECT TO HELP WITH THE SUCCESS OF THIS PROGRAM. SOPO CONTINUED TO BE A VALUABLE COMMUNITY MEMBER THROUGH PARTNERSHIPS WITH LOCAL NONPROFITS INCLUDING ATLANTA BICYCLE COALITION, EAST ATLANTA KIDS CLUB, MACC, THE INTERNATIONAL RESCUE COMMITTEE, AND SEVERAL OTHERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
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ReturnHeader/BusinessOfficerGrp/PhoneNum04044259769
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOPO BICYCLE COOPERATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0SOPO
ReturnHeader/Filer/EIN0830431387
ReturnHeader/Filer/PhoneNum04044259769
ReturnHeader/Filer/USAddress/AddressLine1Txt01270 CAROLINE STREET NE D120-392
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582026697
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LONG & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01325 SATELLITE BLVD NW STE 1504
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SUWANEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0300244662
ReturnHeader/PreparerPersonGrp/PhoneNum06783274382
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM E LONG JR CPA
ReturnHeader/ReturnTs02015-11-16T15:52:09-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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