Mission:

Bike & Build engages young adults in service-oriented cycling trips to raise money and awareness for the affordable housing cause. It is a once-in-a-lifetime experience that f ... (More)

Bike & Build is a 501(c)(3) organization, with an IRS ruling year of 2004, and donations are tax-deductible.  Cause: Housing and Neighborhood Development


Contact Information

  bikeandbuild.org

 1901 S. 9th Street
#410
Philadelphia PA 19148 


You are viewing this organization's new Charity Navigator profile page. To view the legacy version, click here.

Star Rating System


Charity Navigator evaluates a nonprofit organization’s financial health including measures of stability, efficiency and sustainability. We also track accountability and transparency policies to ensure the good governance and integrity of the organization.




Needs Improvement

This charity's score is 72.30, earning it a 2-Star rating. Charity Navigator believes donors can "Give with Confidence" to charities with 3- and 4-Star ratings. View this organization's historical ratings on our legacy website.

This score is calculated from two sub-scores:

This score represents Form 990 data from 2019, the latest year published by the IRS.


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Star Rated Report

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Program Expense

Program Expense Ratio

62.4%


The Program Expense Ratio is determined by Program Expenses divided by Total Expense (average of most recent three 990s).


This measure reflects the percent of its total expenses a charity spends on the programs and services it exists to deliver. Dividing a charity's average program expenses by its average total functional expenses yields this percentage. We calculate the charity's average expenses over its three most recent fiscal years.


Source: IRS Form 990

Administrative Expenses

32.4%


As reported by charities on their IRS Form 990, this measure reflects what percent of its total budget a charity spends on overhead, administrative staff and associated costs, and organizational meetings. Dividing a charity's average administrative expenses by its average total functional expenses yields this percentage. We calculate the charity's average expenses over its three most recent fiscal years.


Source: IRS Form 990

Fundraising Expenses

5.0%


This measure reflects what a charity spends to raise money. Fundraising expenses can include campaign printing, publicity, mailing, and staffing and costs incurred in soliciting donations, memberships, and grants. Dividing a charity's average fundraising expenses by its average total functional expenses yields this percentage. We calculate the charity's average expenses over its three most recent fiscal years.


Source: IRS Form 990

Liabilities to Assets Ratio

40.8%


The Liabilities to Assets Ratio is determined by Total Liabilities divided by Total Assets (most recent 990).


Part of our goal in rating the financial performance of charities is to help donors assess the financial capacity and sustainability of a charity. As do organizations in other sectors, charities must be mindful of their management of total liabilites in relation to their total assets. This ratio is an indicator of an organization’s solvency and or long term sustainability. Dividing a charity's total liabilities by its total assets yields this percentage.


Source: IRS Form 990

Fundraising Efficiency

$0.05


The amount spent to raise $1 in charitable contributions. To calculate a charity's fundraising efficiency, we divide its average fundraising expenses by the average total contributions it receives. We calculate the charity's average expenses and average contributions over its three most recent fiscal years.


Source: IRS Form 990

Working Capital Ratio

0.17 years


Determines how long a charity could sustain its level of spending using its net available assets, or working capital, as reported on its most recently filed Form 990. We include in a charity's working capital unrestricted and temporarily restricted net assets, and exclude permanently restricted net assets. Dividing these net available assets in the most recent year by a charity's average total expenses, yields the working capital ratio. We calculate the charity's average total expenses over its three most recent fiscal years.


Source: IRS Form 990

Program Expense Growth

-25.47%


We compute the average annual growth of program expenses using the following formula: [(Yn/Y0)(1/n)]-1, where Y0 is a charity's program expenses in the first year of the interval analyzed, Yn is the charity's program expenses in the most recent year, and n is the interval of years passed between Y0 and Yn.


Source: IRS Form 990

Governance


Charity Navigator looks to confirm on the Form 990 that the organization has these governance practices in place.


Sources Include: IRS Form 990

Governance:
Independent Voting Board Members
No Material Diversion of Assets
Audited Financials Prepared by Independent Accountant
Does Not Provide Loan(s) to or Receive Loan(s) From Related Parties
Documents Board Meeting Minutes
Distributes 990 to Board Before Filing
Compensates Board

Policies


Charity Navigator looks to confirm on the Form 990, or for some metrics on the charity's website, that the organization has these policies in place.


Sources Include: IRS Form 990 and organization's website

Policies:
Conflict of Interest
Whistleblower
Records Retention and Destruction
CEO Compensation Process
Donor Privacy

Transparency


Charity Navigator looks to confirm on the Form 990, or for some metrics on the charity's website, that the organization makes this information easily accessible.


Sources Include: IRS Form 990 and organization's website

Transparency:
CEO Salary Listed on 990
Board of Directors Listed on Website
Key Staff Listed on Website
Audited Financial Statements on Website
Form 990 Available on Website

Additional Information

Unscored

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Total Revenue and Expenses

Total Revenue and Expenses

This chart displays the trend of revenue and expenses over the past several years for this organization, as reported on their IRS Form 990.

Salary of Key Persons

Presented here are up to five of this organization's highest compensated employees. This compensation data includes salary, cash bonuses, and expense accounts and is displayed exactly how it is reported to the IRS. The amounts include salary, cash bonuses, and expense accounts. The amounts do not include nontaxable benefits, deferred compensation, or other amounts not reported on Form W-2. Read the IRS policies for compensation reporting



DANNY MCGEE, BOARD MEMBER

$0


EMILY HITTNER, BOARD MEMBER

$0


RYAN LOCKMAN, BOARD MEMBER

$0


BETH HALEY, BOARD MEMBER

$0


JACK GROSS, BOARD MEMBER

$0


Source: IRS Form 990 (page 7), filing year 2020

Business Master File Data

Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Learn more about the BMF on the IRS website


Activities:

Activity data not reported from the IRS


Foundation Status:

Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi) (BMF foundation code: 15)


Affiliation:

Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). (BMF affiliation code: 3)

Data Sources: IRS Forms 990

The Form 990 is a document that nonprofit organizations file with the IRS annually. We leverage finance and accountability data from it to form Encompass ratings. Click here to view this organization's Forms 990 on the IRS website (if any are available).

Pandemic Response

This organization was impacted by COVID-19 in a way that affected their financial health in 2020. This normally would have reduced their star rating. Due to the unprecedented nature of the pandemic, we give charities such as this one the opportunity to share the story of COVID's impact on them, and doing this pauses our revision of their rating for six months. Charities may submit their own pandemic responses through their nonprofit portal.


Bike & Build reported being impacted by COVID-19 in the following ways:
  • Program Delivery

  • Fundraising Capacity

  • Revenue

  • Administrative Capacity

  • Balance Sheet


How COVID-19 impacted the organization's operations financially:

Bike & Build's revenue declined by over 60% as we cancelled our summer programs in 2020 and 2021 due to Covid-19. Over the past few years we had worked hard to diversify our funding through grants, sponsorships, and fundraising events, aiming to rely less on our participant fundraising. Without any programming revenue coming in, we were forced to spend down our reserves to survive the pandemic. Over the past year we have received 2 rounds of the PPP loans, which allowed us to continue to employ all 3 of our full time staff members and helped ensure our sustainability.


How COVID-19 impacted the organization's delivery of programs:

Due to the danger posed by Covid-19, we cancelled all of our bike trips and programs in 2020, as well as in 2021 to ensure the safety of our participants, our hosts, and build partners across the country. In 2020 we were able to offer a few free virtual events, and in 2021 we created 2 new program offerings to engage young adults in affordable housing in their community, but our main programming (cross country and regional trips) remain shut down until 2022.


How this organization adapted to changing conditions caused by COVID-19:

In 2020 we shifted our focus internally, finally taking the time to invest in Diversity, Equity, and Inclusion work throughout our organization. We created a committee within our board to focus on this, sought outside experts, and worked to create plans, actions, and metrics to incorporate DE&I into every aspect of Bike & Build. Along with this, we created new programming for the first time in over a decade through our VAAP (Volunteer, Awareness, and Advocacy Program) as well as single day Community Rides. These two programs were able to bring in a small amount of revenue. We made the decision to sell off our remaining assets - our fleet of 15 passenger vans and trailers to provide funding for our operations through the pandemic. We also relied on PPP loans, our alumni network, and a few creative fundraising events.


Innovations the organization intends to continue permanently after the pandemic:

We plan to incorporate our single day Community Rides into our programming, and next year will resume our Cross Country and Regional Rides while adding 8 Community Rides in cities throughout the country.


...   Impact & Results


This score estimates the actual impact a nonprofit has on the lives of those it serves, and determines whether it is making good use of donor resources to achieve that impact.


Impact & Results Score

Not Currently Scored

Bike & Build cannot currently be evaluated by our Encompass Rating Impact & Results methodology because either (A) it is eligible, but we have not yet received data; (B) we have not yet developed an algorithm to estimate its programmatic impact; (C) its programs are not direct services; or (D) it is not heavily reliant on contributions from individual donors.

Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization.

Learn more about Impact & Results.


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Additional Information

Unscored

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Largest Programs

Largest Programs



Bike & Build reported its largest program on its FY 2020 Form 990 as:


$171,523

Spent in most recent FY

100%

Percent of program expenses


IN 2020, BIKE & BUILD DID NOT RUN ANY CROSS COUNTRY OR REGIONAL CYCLING TRIPS DUE TO THE COVID-19 PANDEMIC. INSTEAD, BIKE & BUILD ENGAGED HUNDREDS OF RIDERS, ALUMNI, AND COMMUNITY MEMBERS IN VIRTUAL E ... (More)


...   Leadership & Adaptability


This score provides an assessment of the organization's leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes in constituent demand/need or other relevant social and economic conditions to achieve the organization's mission.


Leadership & Adaptability Score

100

out of 100

The score earned by Bike & Build is a passing score.

Encompass Rating V4 provides an evaluation of the organization's Leadership & Adaptability through the nonprofit organization submitting a survey response directly to Charity Navigator.


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Leadership & Adaptability Report

100

of 100 points (BETA)

Mission

The nonprofit organization presents evidence of strategic thinking through articulating the organization’s mission


Bike & Build engages young adults in service-oriented cycling trips to raise money and awareness for the affordable housing cause. It is a once-in-a-lifetime experience that fosters a sustained connection to community. We advocate for the need for affordable housing in thousands of communities across the country. <br><br>We envision future generations who are committed to a lifetime of civic engagement and who inspire individuals and communities to create fair, decent housing for all Americans.


Source: Nonprofit submitted responses

Vision

The nonprofit organization presents evidence of strategic thinking through articulating the organization’s vision.


We envision future generations who are committed to a lifetime of civic engagement and who inspire individuals and communities to create fair, decent housing for all.


Source: Nonprofit submitted responses

Strategic Goals

The nonprofit organization presents evidence of strategic thinking and goal setting through sharing their most important strategic goals.


Goal Type: This goal reflects our commitment to further our advocacy work for our organization and or cause area.

Goal One: For Bike & Build to be an organization that prioritizes diversity within its staff, board of directors, volunteers, and participants, and aims to provide transparency in all operations.


Goal Type: Grow, expand, scale or increase access to the existing programs and services.

Goal Two: Bike & Build will recruit individuals from diverse backgrounds through strategic partnerships, inclusive marketing, and financial equity to build a holistic program experience.


Goal Type: Focus on core programs to achieve mission and scale back on programs not seen as core.

Goal Three: To be an inclusive destination for young adults of varying identities to foster community engagement and personal growth through affordable housing programming.


Source: Nonprofit submitted responses

Leadership Development

The nonprofit provides evidence of investment in leadership development


Describe an investment in leadership

Bike & Build has engaged our staff and board of directors in a 12 month long Diversity, Equity, and Inclusion curriculum and small team training. In 2021, two of Bike & Build's directors were accepted to the Camber Outdoors mentorship program where they are engaging in leadership development, inclusion in the outdoor industry, and professional development.

Source: Nonprofit submitted responses

Mobilizing for Mission

The nonprofit provides evidence of leadership through focusing externally and mobilizing resources for the mission.


This organization mobilizes for mission in the following ways:
  • Strategic Partnerships

  • Networks of Collective Impact Efforts

  • Raising Awareness

  • Community Building

What are this organization’s external mobilizaton efforts?

Bike & Build creates partnerships and relationships with affordable housing organizations around the country through our programming, as well as with schools, universities, and public groups to engage folks in our programs and affordable housing education and advocacy. Through our affordable housing curriculum, we raise awareness and provide education to our participants and communities about the complexity of affordable housing, social issues, and how individuals can play a part in creating positive change where they live.

Source: Nonprofit submitted responses

Story of Adaptability

The nonprofit has an opportunity to tell the story of how the organization adapted to tremendous external changes in the last year.


Bike & Build was forced to cancel our only program offerings for the first time in 18 years. Both in 2020 and 2021 we did not run our traditional cross country and regional trips which was a difficult yet necessary decision. This forced our small team to think critically about our impact, our mission, and how we could engage our community and the country in furthering our mission in a totally new (and Covid safe) way. During that time, we lost over 60% of our revenue, invested in Diversity, Equity, and Inclusion work, and created 2 brand new programs that met our mission. These two new programs increased our impact and reduced barriers to our programming, engaging individuals from more places and populations than before. Looking ahead, we are taking the challenges of 2020 and 2021 in stride, as a part of our story. We are thrilled to bring back our traditional cross country and regional trips in 2022, but will add one of our new programs to our docket and continue to grow.

Source: Nonprofit submitted responses

...   Culture & Community


This score provides an assessment of the organization's engagement with the constituents it serves, a practice we term Constituent Feedback. When organizations listen to constituents, they are able to better deliver on programs and meet the needs of stakeholders. A future version of this Beacon will also assess an organization's people operations and its Diversity, Equity and Inclusion (DEI) metrics.


Culture & Community Score
BETA

100

out of 100

The score earned by Bike & Build is a passing score.

Encompass Rating Beta V3 provides an evaluation of an organization's Culture and Community by measuring its Constituent Feedback practices (see report below). Constituent Feedback data provides 100% of the basis for the initial evaluation of the Culture & Community Beacon.


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Culture & Community Report

100

of 100 points (BETA)

This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.

Constituent Feedback

Constituent Feedback

Full Credit


Here's how this organization is listening and learning from the people they serve:


How is your organization collecting feedback from the people you serve?

Note: The organization did not respond to this question.


How is your organization using feedback from the people you serve?

Note: The organization did not respond to this question.


With whom does your organization share the feedback you got from the people you serve?

Note: The organization did not respond to this question.


What challenges does your organization face in collecting feedback from the people you serve?

Note: The organization did not respond to this question.


Briefly describe a recent change that your organization made in response to feedback from the people you serve.

Note: The organization did not respond to this question.



Methodology


Charity Navigator believes nonprofit organizations that engage in inclusive practices, such as collecting feedback from the people and communities they serve, may be more effective. We've partnered with GuideStar by Candid to survey organizations about their feedback practices. Nonprofit organizations can fill out the How We Listen section of their Candid profile to receive a rating.


Charity Navigator awards full credit for this Beacon to every nonprofit that is eligible for an Encompass Rating that completes the survey, in recognition of their willingness to publicly share this information with the nonprofit and philanthropic communities. This data is not evaluated for quality at this time. Validation will be added in future iterations of this Beacon.

Analysis and Research


Like the overall Encompass Rating System, the Culture & Community Beacon is designed to evolve as metrics are developed and ready for integration. Our partnership with Feedback Labs and Guidestar by Candid, and other partners including Fund for Shared Insight, GlobalGiving, and Keystone Accountability, enables us to launch the first version of this beacon with Constituent Feedback information collected on Candid's site.


Feedback practices have been shown to support better Diversity, Equity, and Inclusion outcomes, an essential area of assessment that we intend to further expand and develop in the future. Feedback Labs has documented several studies which indicate that beyond achieving organizational goals, nonprofits that are attentive and responsive to concerns and ideas raised by beneficiaries establish stronger relationships with the people they serve, promote greater equity, and empower constituents in ways that can help to ensure better long-term outcomes. You can find resources to help nonprofits improve their feedback practices here.