Civic Intelligence

Sopo Bicycle Cooperative

990EZ • Fiscal year 2016 • EIN 83-0431387

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 09, 2017

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

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

81st percentile

0.09x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

57th percentile

6.2%

Higher net margin than 57% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

67th percentile

14%

Faster asset growth than 67% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

79th percentile

31%

Faster revenue growth than 79% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$72,167

Up $8,660 (+14%) from 2015

Net Assets

Up

$66,884

Up $3,377 (+5.3%) from 2015

Liabilities

$5,283

No earlier filing loaded for comparison.

Revenue

Up

$59,673

Up $14,092 (+31%) from 2015

Expenses

Up

$56,003

Up $18,187 (+48%) from 2015

Net Income

Down

$3,670

Down $4,095 (-53%) from 2015

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

2016

Assets$72,167
Liabilities$5,283
Net Assets$66,884

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

2016

Revenue$59,673
Expenses$56,003
Net Income$3,670
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$59,673
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
SOPO MOVED OUR SHOP TO A LOWER-COST AND MORE ACCESSIBLE LOCATION IN THE REYNOLDSTOWN NEIGHBORHOOD. THE ORGANIZATION RECEIVED A 25,000 GRANT FROM THE UNITED PARCEL SERVICE (UPS) TO EXPAND OUR LINK PROGRAM, INCREASING OUR ABILITY TO PROVIDE BICYCLES AND BIKE REPAIR TRAINING FOR HOMELESS PEOPLE AND OTHER VULNERABLE POPULATIONS. SOPO INSTALLED A PUBLICLY ACCESSIBLE OUTDOOR BICYCLE REPAIR STATION OUTSIDE OUR SHOP, AVAILABLE FOR MEMBERS OF THE ATLANTA BICYCLE COMMUNITY TO USE 24 -7. THE ORGANIZATION'S VOLUNTEER COORDINATOR ORIENTED AND ACTIVATED 25 NEW REGULAR VOLUNTEERS INTO BICYCLE REPAIR ACTIVITIES AT OUR SHOP. SOPO CO-SPONSORED NUMEROUS EVENTS WITH PARTNER ORGANIZATIONS FROM THE ATLANTA BICYCLING COMMUNITY.-$48,479
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAY VARNERPresident-$0--
CHRIS APPLETONDirector-$0--
TOMOTHY SMITHDirector-$0--
ERIK FYFEDirector-$0--
KARTAPREET SINGHVice Preside-$0--
NEDRA DEADWYLERDirector-$0--
MARIAM ASADDirector-$0--
KAT FRIEDMANTreasurer-$0--
GERIES ABUAKELSecretary-$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
Erik Fyfe
Title
Director
Phone
4044259769
Signed
2017-11-09
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 827 conferences/meetings 565 insurance 2,002 dues and subscriptions 626 shop supplies 11,968 other 61 bank charges 45 penaties 1,310 bike rack 2,156 moving expense 1,016 non-investment depreciation 110 total 20,686

Form 990-ez, Part I, Line 20

Book / tax depreciation difference -294

Form 990-ez, Part II, Line 24

Equipment 847 847 less accumulated depreciation 454 575 shop buildout 2,826 2,826 less accumulated depreciation 989 1,272 total 2,230 1,826

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 5,283

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

Sopo moved our shop to a lower-cost and more accessible location in the reynoldstown neighborhood. The organization received a 25,000 grant from the united parcel service (ups) to expand our link program, increasing our ability to provide bicycles and bike repair training for homeless people and other vulnerable populations. Sopo installed a publicly accessible outdoor bicycle repair station outside our shop, available for members of the atlanta bicycle community to use 24 -7. The organization's volunteer coordinator oriented and activated 25 new regular volunteers into bicycle repair activities at our shop. Sopo co-sponsored numerous events with partner organizations from the atlanta bicycling community.

Raw XML Appendix178 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 827 CONFERENCES/MEETINGS 565 INSURANCE 2,002 DUES AND SUBSCRIPTIONS 626 SHOP SUPPLIES 11,968 OTHER 61 BANK CHARGES 45 PENATIES 1,310 BIKE RACK 2,156 MOVING EXPENSE 1,016 NON-INVESTMENT DEPRECIATION 110 TOTAL 20,686
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOOK / TAX DEPRECIATION DIFFERENCE -294
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EQUIPMENT 847 847 LESS ACCUMULATED DEPRECIATION 454 575 SHOP BUILDOUT 2,826 2,826 LESS ACCUMULATED DEPRECIATION 989 1,272 TOTAL 2,230 1,826
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 5,283
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO CREATE EQUITABLE ACCESS TO CYCLING BY PROVIDING NO OR LOW COST BICYCLE MAINTENANCE SERVICE AND EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SOPO MOVED OUR SHOP TO A LOWER-COST AND MORE ACCESSIBLE LOCATION IN THE REYNOLDSTOWN NEIGHBORHOOD. THE ORGANIZATION RECEIVED A 25,000 GRANT FROM THE UNITED PARCEL SERVICE (UPS) TO EXPAND OUR LINK PROGRAM, INCREASING OUR ABILITY TO PROVIDE BICYCLES AND BIKE REPAIR TRAINING FOR HOMELESS PEOPLE AND OTHER VULNERABLE POPULATIONS. SOPO INSTALLED A PUBLICLY ACCESSIBLE OUTDOOR BICYCLE REPAIR STATION OUTSIDE OUR SHOP, AVAILABLE FOR MEMBERS OF THE ATLANTA BICYCLE COMMUNITY TO USE 24 -7. THE ORGANIZATION'S VOLUNTEER COORDINATOR ORIENTED AND ACTIVATED 25 NEW REGULAR VOLUNTEERS INTO BICYCLE REPAIR ACTIVITIES AT OUR SHOP. SOPO CO-SPONSORED NUMEROUS EVENTS WITH PARTNER ORGANIZATIONS FROM THE ATLANTA BICYCLING COMMUNITY.
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/Filer/EIN0830431387
ReturnHeader/Filer/PhoneNum04044259769
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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/PreparationDt02017-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM E LONG JR CPA
ReturnHeader/ReturnTs02017-11-13T16:53:15-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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