Civic Intelligence

Pikeride Inc.

990 • Fiscal year 2023 • EIN 83-4653044

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 23, 2024

739 E Pikes Peak AveColorado Springs, CO 80903

(877) 829-5500

Siviq Scores

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

Liabilities / Assets

75th percentile

0.19x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.18x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

47th percentile

2.9%

Higher net margin than 47% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

67th percentile

$49,743

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

59th percentile

8.0%

Faster asset growth than 59% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

83rd percentile

58%

Faster revenue growth than 83% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$543,856

Up $40,178 (+8.0%) from 2022

Net Assets

Up

$440,576

Up $16,923 (+4.0%) from 2022

Liabilities

Up

$103,280

Up $23,255 (+29%) from 2022

Revenue

Up

$585,388

Up $214,599 (+58%) from 2022

Expenses

Down

$568,465

Down $38,591 (-6.4%) from 2022

Net Income

Up

$16,923

Up $253,190 (+107%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2019: $605,451Liabilities 2019: $352,688Net Assets 2019: $252,7632019Assets 2020: $523,731Liabilities 2020: $34,405Net Assets 2020: $489,3262020Assets 2021: $741,303Liabilities 2021: $81,383Net Assets 2021: $659,9202021Assets 2022: $503,678Liabilities 2022: $80,025Net Assets 2022: $423,6532022Assets 2023: $543,856Liabilities 2023: $103,280Net Assets 2023: $440,5762023Assets 2024: $333,575Liabilities 2024: $90,010Net Assets 2024: $243,5652024

Highlighted filing

2023

Assets$543,856
Liabilities$103,280
Net Assets$440,576

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2019: $185,071Expenses 2019: $298,550Net Income 2019: -$113,4792019Revenue 2020: $657,479Expenses 2020: $422,156Net Income 2020: $235,3232020Revenue 2021: $671,180Expenses 2021: $500,586Net Income 2021: $170,5942021Revenue 2022: $370,789Expenses 2022: $607,056Net Income 2022: -$236,2672022Revenue 2023: $585,388Expenses 2023: $568,465Net Income 2023: $16,9232023Revenue 2024: $422,227Expenses 2024: $619,238Net Income 2024: -$197,0112024

Highlighted filing

2023

Revenue$585,388
Expenses$568,465
Net Income$16,923
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 23, 2024
Return Version
2023v5.1
Gross Receipts
$585,388
Mission and Program Overview

Mission

To elevate our community with a fun, healthy, planet friendly and cost-effective way to get around.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$341,941$378,694▲ $36,753
Cash and Non-Interest-Bearing Accounts$77,642$76,271▼ $1,371
Accounts Receivable$28,346$37,818▲ $9,472
Intangible Assets$35,865$32,442▼ $3,423
Investments Other Securities$14,346$14,346→ $0
Prepaid Expenses and Deferred Charges$5,538$4,285▼ $1,253
Total Assets$503,678$543,856▲ $40,178
Liabilities
Deferred Revenue$56,667$65,833▲ $9,166
Accounts Payable and Accrued Expenses$23,358$37,447▲ $14,089
Total Liabilities$80,025$103,280▲ $23,255
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$423,653$420,576▼ $3,077
Net Assets With Donor Restrictions-$20,000-
Total Net Assets Fund Balance$423,653$440,576▲ $16,923
Total Liabilities and Net Assets / Fund Balance$503,678$543,856▲ $40,178

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$378,694$376,718$755,412
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tara MccarthyExecutive DirectorFT$46,423$3,320$49,743
Jolie NesmithExecutive DirectorFT$35,478$2,969$38,447
Carrie SimisonChair-$1,125-$1,125

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$492,617
Program Service Revenue
$88,437
Investment Income
$1,142
Other Revenue
$3,192
All Other Contributions
$139,544
Change in Net Assets
$16,923

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$86,411Fair Market Value (FMV)
Total Noncash Contributions$86,411-

Audited Revenue Reconciliation

Revenue per Audited Statements
$585,388
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$93,826
Total Revenue per Audited Statements
$679,214
Total Revenue per Form 990
$585,388
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$286,486
Other Expenses$281,979
Total Fundraising Expense$21,695
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$103,252$40,474$11,685$155,411
Depreciation Depletion$99,640$3,423-$103,063
Current Officers, Directors, Trustees, and Key Employees$58,592$24,093$6,631$89,316
Fees for Services Other$86,307$6$2$86,315
Insurance$22,903$1,083$320$24,306
Payroll Taxes$15,220$5,751$1,669$22,640
Fees for Services Accounting-$19,347-$19,347
Other Employee Benefits$12,797$4,969$1,353$19,119
Office Expenses$4,725$3,587$14$8,326
Advertising-$4,363-$4,363
Other Expenses$305$1,700$19$1,700
All Other Expenses$649$285-$934
Total Functional Expenses$433,974$112,796$21,695$568,465

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$662,291
Expenses per Audited Statements$568,465
Total Expenses per Form 990$568,465
Expenses Not Reported on Form 990$93,826
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization committees do not have authority to act on behalf of the governing body

Form 990, Part VI, Section B, Line 11B

The form 990 is made available to members of the governing body prior to filing. Review of the form 990 is primarily the responsibility of the business manager and the executive director.

Form 990, Part VI, Section B, Line 12C

The organization requests board members disclose conflicts of interest as they arise.

Form 990, Part VI, Section C, Line 19

The documents are not available to the public.

Filing and Contact Details

Filer

Filer Name
Pikeride Inc
EIN
83-4653044
Phone
8778295500
Address
739 E PIKES PEAK AVE, COLORADO SPRINGS, CO 80903

Signing Officer

Name
Tara Mccarthy
Title
Executive Director
Phone
8778295500
Signed
2024-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tara Mccarthy
Formed
2019
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
9
Employees
12
Volunteers
9

Preparer

Firm
Cbiz Ebk
Address
90 S CASCADE AVE STE 200, COLORADO SPRINGS, CO 80903
Preparer
Mitchell Downs CPA
Phone
7195310445
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Vendor fees: program service expenses 80,849. Management and general expenses 0. Fundraising expenses 0. Total expenses 80,849. Contracted services: program service expenses 5,458. Management and general expenses 6. Fundraising expenses 2. Total expenses 5,466.

Form 990, Part XII, Line 2C

The board of directors is responsible for oversight of the review and selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

The organization's information returns are subject to examination by taxing authorities for a period of three years from the date they are filed. As of december 31, 2023, the information returns for three prior years are considered open for internal revenue service examination.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31700
IRS990/OtherExpensesGrp/ProgramServicesAmt023152
IRS990/OtherExpensesGrp/ProgramServicesAmt16432
IRS990/OtherExpensesGrp/ProgramServicesAmt2305
IRS990/OtherExpensesGrp/TotalAmt023161
IRS990/OtherExpensesGrp/TotalAmt16509
IRS990/OtherExpensesGrp/TotalAmt23955
IRS990/OtherExpensesGrp/TotalAmt31700
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03192
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03192
IRS990/OtherRevenueTotalAmt03192
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt011685
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040474
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0103252
IRS990/OtherSalariesAndWagesGrp/TotalAmt0155411
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01669
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05751
IRS990/PayrollTaxesGrp/ProgramServicesAmt015220
IRS990/PayrollTaxesGrp/TotalAmt022640
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05538
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04285
IRS990/PrincipalOfficerNm0TARA MCCARTHY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561000
IRS990/ProgramServiceRevenueGrp/Desc0FEES FOR SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt088437
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt088437
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0275591
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-15947
IRS990/PYOtherExpensesAmt0284533
IRS990/PYOtherRevenueAmt0439
IRS990/PYProgramServiceRevenueAmt0110706
IRS990/PYRevenuesLessExpensesAmt0-236267
IRS990/PYSalariesCompEmpBnftPaidAmt0322523
IRS990/PYTotalExpensesAmt0607056
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0370789
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt016923
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt091629
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0492617
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0275591
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0541066
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0564038
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0183633
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02056945
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0409231
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03192
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0439
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03084
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt023136
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt012121
IRS990ScheduleA/OtherIncome170Grp/TotalAmt041972
IRS990ScheduleA/PublicSupportTotal170Amt02056945
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0492617
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0275591
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0541066
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0564038
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0183633
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02056945
IRS990ScheduleA/TotalSupportAmt02098917
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt093826
IRS990ScheduleD/DonatedServicesUseFcltsAmt093826
IRS990ScheduleD/EquipmentGrp/BookValueAmt0378694
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0376718
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0755412
IRS990ScheduleD/ExpensesNotReportedAmt093826
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0568465
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt093826
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0585388
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED. AS OF DECEMBER 31, 2023, THE INFORMATION RETURNS FOR THREE PRIOR YEARS ARE CONSIDERED OPEN FOR INTERNAL REVENUE SERVICE EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0378694
IRS990ScheduleD/TotalExpensesPerForm990Amt0568465
IRS990ScheduleD/TotalRevenuePerForm990Amt0585388
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0679214
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0662291
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0OCCUPANCY
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt086411
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION COMMITTEES DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS MADE AVAILABLE TO MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. REVIEW OF THE FORM 990 IS PRIMARILY THE RESPONSIBILITY OF THE BUSINESS MANAGER AND THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REQUESTS BOARD MEMBERS DISCLOSE CONFLICTS OF INTEREST AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4VENDOR FEES: PROGRAM SERVICE EXPENSES 80,849. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,849. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 5,458. MANAGEMENT AND GENERAL EXPENSES 6. FUNDRAISING EXPENSES 2. TOTAL EXPENSES 5,466.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE REVIEW AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0503678
IRS990/TotalAssetsEOYAmt0543856
IRS990/TotalAssetsGrp/BOYAmt0503678
IRS990/TotalAssetsGrp/EOYAmt0543856
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0492617
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt021695

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