Civic Intelligence

Sopo Bicycle Cooperative

990EZ • Fiscal year 2017 • EIN 83-0431387

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 09, 2018

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

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

24th percentile

-9.3%

Higher net margin than 24% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

26th percentile

-13%

Faster asset growth than 26% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

17th percentile

-29%

Faster revenue growth than 17% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$62,636

Down $9,531 (-13%) from 2016

Net Assets

Down

$62,636

Down $4,248 (-6.4%) from 2016

Liabilities

Down

$0

Down $5,283 (-100%) from 2016

Revenue

Down

$42,499

Down $17,174 (-29%) from 2016

Expenses

Down

$46,456

Down $9,547 (-17%) from 2016

Net Income

Down

-$3,957

Down $7,627 (-208%) from 2016

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: $62,636Liabilities 2017: $0Net 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

2017

Assets$62,636
Liabilities$0
Net Assets$62,636

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

2017

Revenue$42,499
Expenses$46,456
Net Income-$3,957
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 9, 2018
Return Version
2017v2.3
Gross Receipts
$42,499
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 INSTALLED OVER 30 BIKE RACKS AROUND METRO ATLANTA FOR LOCAL BUSINESSES AND MUNICIPALITIES. WE INCREASED OUR SHOP STORAGE CAPACITY AND INCREASED SHOP EFFICIENCY BY INSTALLING AN EXTERIOR SHIPPING CONTAINER, SHOWCASING BICYCLES AVAILABLE FOR THE COMMUNITY MEMBERS. SOPO OPENED OUR DOORS TO PROVIDE COMMUNITY ACCESS TO OUR FULLY STOCKED, BICYCLE REPAIR WORKSHOP WITH VOLUNTEER GUIDANCE, CONSISTENTLY FOR MORE THAN 200 NIGHTS. SOPO PARTNERED WITH OTHER ORGANIZATIONS FROM THE ATLANTA BICYCLING COMMUNITY TO PROMOTE BICYCLE AWARENESS AND ENCOURAGING CYCLING.-$44,190
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIMOTHY SMITHDirector-$0--
ERIK FYFEChair-$0--
GERIES ABUAKELTreasurer-$0--
SHARANYA THUMALAPALLYSecretary-$0--
LESLIE LANGLEYDirector-$0--
JEFF REGANDirector-$0--
NEILL DAVISDirector-$0--
CAROLINE APPLETONDirector-$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
Jeff Regan
Title
Director
Phone
4044259769
Signed
2018-11-09
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 conferences/meetings 264 insurance 2,002 shop supplies 10,881 bike rack 6,074 non-investment depreciation 111 total 19,332

Form 990-ez, Part I, Line 20

Book / tax depreciation difference -291

Form 990-ez, Part II, Line 24

Equipment 847 847 less accumulated depreciation 575 2,249 shop buildout 2,826 2,826 less accumulated depreciation 1,272 0 total 1,826 1,424

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 5,283 0

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 installed over 30 bike racks around metro atlanta for local businesses and municipalities. We increased our shop storage capacity and increased shop efficiency by installing an exterior shipping container, showcasing bicycles available for the community members. Sopo opened our doors to provide community access to our fully stocked, bicycle repair workshop with volunteer guidance, consistently for more than 200 nights. Sopo partnered with other organizations from the atlanta bicycling community to promote bicycle awareness and encouraging cycling.

Raw XML Appendix171 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 CONFERENCES/MEETINGS 264 INSURANCE 2,002 SHOP SUPPLIES 10,881 BIKE RACK 6,074 NON-INVESTMENT DEPRECIATION 111 TOTAL 19,332
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOOK / TAX DEPRECIATION DIFFERENCE -291
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EQUIPMENT 847 847 LESS ACCUMULATED DEPRECIATION 575 2,249 SHOP BUILDOUT 2,826 2,826 LESS ACCUMULATED DEPRECIATION 1,272 0 TOTAL 1,826 1,424
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 5,283 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO CREATE EQUITABLE ACCESS TO CYCLING BY PROVIDING NO OR LOW COST BICYCLE MAINTENANCE SERVICE AND EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SOPO INSTALLED OVER 30 BIKE RACKS AROUND METRO ATLANTA FOR LOCAL BUSINESSES AND MUNICIPALITIES. WE INCREASED OUR SHOP STORAGE CAPACITY AND INCREASED SHOP EFFICIENCY BY INSTALLING AN EXTERIOR SHIPPING CONTAINER, SHOWCASING BICYCLES AVAILABLE FOR THE COMMUNITY MEMBERS. SOPO OPENED OUR DOORS TO PROVIDE COMMUNITY ACCESS TO OUR FULLY STOCKED, BICYCLE REPAIR WORKSHOP WITH VOLUNTEER GUIDANCE, CONSISTENTLY FOR MORE THAN 200 NIGHTS. SOPO PARTNERED WITH OTHER ORGANIZATIONS FROM THE ATLANTA BICYCLING COMMUNITY TO PROMOTE BICYCLE AWARENESS AND ENCOURAGING CYCLING.
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
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF REGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04044259769
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-09
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
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ReturnHeader/FilingSecurityInformation/IPDt02018-11-14
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ReturnHeader/FilingSecurityInformation/IPTm010:46:28
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/PreparationDt02018-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM E LONG JR CPA
ReturnHeader/ReturnTs02018-11-14T11:46:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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