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2312 S WEST TEMPLE
S Salt Lake UT 84115-2623
S Salt Lake UT | IRS ruling year: 2003 | EIN: 81-0569811
THE MISSION OF THE SALT LAKE CITY BICYCLE COLLECTIVE IS TO PROMOTE CYCLING AS AN EFFECTIVE AND SUSTAINABLE FORM OF TRANSPORTATION AND AS A CORNERSTONE OF A CLEANER, ... (More)
THE MISSION OF THE SALT LAKE CITY BICYCLE COLLECTIVE IS TO PROMOTE CYCLING AS AN EFFECTIVE AND SUSTAINABLE FORM OF TRANSPORTATION AND AS A CORNERSTONE OF A CLEANER, HEALTHIER, AND SAFER SOCIETY. THE BICYCLE COLLECTIVE PROVIDES REFURBISHED BICYCLES AND EDUCATIONAL PROGRAMS TO THE COMMUNITY, FOCUSING ON CHILDREN AND LOWER INCOME HOUSEHOLDS. (Less)
Great
This charity's score is 97%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.
This overall score is calculated entirely from a single beacon score: 100% Accountability & Finance. Learn more about our criteria and methodology.
We recognize that not all metrics and beacons equally predict a charity’s success. The percentage each beacon contributes to the organization’s overall rating depends on the number of beacons an organization has earned.
Use the tool below to select different beacons to see how the weighting shifts when only one, two, or three beacons are earned.
Rating histories are available for a growing number of rated organizations. Check back later to see if this organization has a rating history!
The IRS is significantly delayed in processing nonprofits' annual tax filings (Forms 990). As a result, the Accountability & Finance score for Salt Lake City Bicycle Collective is outdated and the overall rating may not be representative of its current operations. Please check with the charity directly for any questions you may have.
Salt Lake City Bicycle Collective has earned a 97% for the Accountability & Finance beacon. See the metrics below for more information.
This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.
This Accountability & Finance score represents IRS Form 990 data up until FY 2019, which is the most recent Form 990 currently available to us.
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Full Credit
Partial Credit
No Credit
Not ApplicableBoard Composition - 12/12 - 25/25 ptsBoard Composition - 12/12 - 25/25 pts
Charity Navigator looks for at least 3 board members, with more than 50% of those members identified as independent (not salaried).
The presence of an independent governing body is strongly recommended by many industry professionals to allow for full deliberation and diversity of thinking on governance and other organizational matters.
Source: IRS Form 990
Independent Audit or Financial Review - Audited - 20/20 ptsIndependent Audit or Financial Review - Audited - 20/20 pts
An Audit, Review, or Compilation provides important information about financial accountability and accuracy. Organizations are scored based on their Total Revenue Amount:
| Total Revenue Amount | Expectation to Receive Credit |
|---|---|
| $1 million or higher | Expected to complete an audit |
| $500,000 - $1 million | Expected to complete an audit, review, or compilation |
| Less than $500,000 | No expectation (removed from scoring methodology) |
Source: IRS Form 990
Conflict of Interest Policy - Listed - 3/3 ptsConflict of Interest Policy - Listed - 3/3 pts
Charity Navigator looks for the existence of a conflict of interest policy on the Form 990 as an accountability and transparency measure.
This policy protects the organization and by extension those it serves, when it is considering entering into a transaction that may benefit the private interest of an officer, director and/or key employee of the organization.
Source: IRS Form 990
Board Meeting Minutes - Documented - 3/3 ptsBoard Meeting Minutes - Documented - 3/3 pts
Charity Navigator looks to confirm on the Form 990 that the organization has this process in place as an accountability and transparency measure.
An official record of the events that take place during a board meeting ensures that a contemporaneous document exists for future reference.
Source: IRS Form 990
Document Retention and Destruction - Listed - 3/3 ptsDocument Retention and Destruction - Listed - 3/3 pts
Charity Navigator looks for the existence of a document retention and destruction policy per the Form 990 as an accountability and transparency measure.
This policy establishes guidelines for the handling, backing up, archiving and destruction of documents. These guidelines foster good record keeping procedures that promote data integrity.
Source: IRS Form 990
Whistleblower Policy - Missing - 0/3 ptsWhistleblower Policy - Missing - 0/3 pts
Charity Navigator looks for the existence of a whistleblower policy per the Form 990 as an accountability and transparency measure.
This policy outlines procedures for handling employee complaints, as well as a confidential way for employees to report financial or other types of mismanagement.
Source: IRS Form 990
Website - Listed - 3/3 ptsWebsite - Listed - 3/3 pts
Charity Navigator looks for a website on the Form 990 as an accountability and transparency metric.
Nonprofits act in the public trust and reporting publicly on activities is an important component.
Source: IRS Form 990
Full CreditPartial CreditNo CreditNot ApplicableLiabilities to Assets Ratio - 1.66% - 15/15 ptsLiabilities to Assets Ratio - 1.66% - 15/15 pts
The Liabilities to Assets Ratio is determined by Total Liabilities divided by Total Assets (most recent 990). This ratio is an indicator of an organization’s solvency and/or long-term sustainability.
| Liabilities to Assets Ratio | Amount of Credit Received |
|---|---|
| Less than 50% | Full Credit |
| 50% - 59.9% | Partial Credit |
| 60% or more | No Credit |
Source: IRS Form 990
Program Expense Ratio - 90.93% - 25/25 ptsProgram Expense Ratio - 90.93% - 25/25 pts
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.
| Program Expense Percentage | Amount of Credit Received |
|---|---|
| 70% or higher | Full Credit |
| 60% - 69.9% | Partial Credit |
| 50% - 59.9% | Zero Points for Program Expense Score |
| Below 50% | Zero Points for Both Program Expense AND Liabilities to Assets Scores |
Source: IRS Form 990
This chart displays the trend of revenue and expenses over the past several years for this organization, as reported on their IRS Form 990.
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 do not include nontaxable benefits, deferred compensation, or other amounts not reported on Form W-2. In some cases, these amounts may include compensation from related organizations. Read the IRS policies for compensation reporting
Source: IRS Form 990 (page 7), filing year 2019
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)
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 search for this organization's Forms 990 on the IRS website (if any are available). Simply enter the organization's name (Salt Lake City Bicycle Collective) or EIN (810569811) in the 'Search Term' field.
This organization was impacted by COVID-19 in a way that effected 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. Charities may submit their own pandemic responses through their nonprofit portal.
Salt Lake City Bicycle Collective reported being impacted by COVID-19 in the following ways:
Program Delivery
Fundraising Capacity
Revenue
Staffing
How COVID-19 impacted the organization's operations financially:
Initially, COVID-19 had a great impact on our earned revenue model, due to social distancing guidelines and health concerns for both our staff as well as the clients we serve. We had to change and adapt from being a welcoming "open shop" model where people can rent out tools and a bench within our shops to work on their bicycles in a DIY or DIWH (Do It With Help), to drastically limiting the number people physically in our shops.
How COVID-19 impacted the organization's delivery of programs:
Many of our programs were shut down or severely limited during COVID-19. In terms of providing bicycles to those in need, we actually maintained similar levels as we had achieved pre-COVID by getting creative and rethinking how we interacted with Bikes-For-Goodwill recipients and community partners, for example, scheduling bike giveaways outside rather than in-shop.
How this organization adapted to changing conditions caused by COVID-19:
During COVID-19, we tried a variety of adaptations to keep the wheels rolling. For example, rather than having core volunteers gather in the shops to work on refurbishing bicycles for our Bikes-For-Goodwill programs, we loaned out tools and allowed our volunteers to take bikes home and work on them safely in their own spaces, then return them to our shops when they were done. We produced a youth mechanics series of instructional videos in lieu of in-shop/in-person training.
Innovations the organization intends to continue permanently after the pandemic:
The biggest most profound innovation that we accomplished during COVID-19 and continuing through the recovery was to launch a new e-commerce capability and move some of our sales online. This is not something we were doing prior to COVID-19, but it has turned into a major component of our earned revenue model, and our greatest opportunity to continue as a durable trend.
Not Currently Scored
Salt Lake City Bicycle Collective cannot currently be evaluated by our 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.
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Salt Lake City Bicycle Collective reported its largest program on its FY 2019 Form 990 as:
Spent in most recent FY
Percent of program expenses
SEE SCHEDULE O. THE BICYCLE COLLECTIVE PROMOTES CYCLING AS AN EFFECTIVE AND SUSTAINABLE FORM OF TRANSPORTATION AND RECREATION, AND AS A CORNERSTONE OF A CLEANER, HEALTHIER, AND SAFER SOCIETY. AN OVERV ... (More)
SEE SCHEDULE O. THE BICYCLE COLLECTIVE PROMOTES CYCLING AS AN EFFECTIVE AND SUSTAINABLE FORM OF TRANSPORTATION AND RECREATION, AND AS A CORNERSTONE OF A CLEANER, HEALTHIER, AND SAFER SOCIETY. AN OVERVIEW OF 2019: - 1,282 BIKES GIVEN AWAY TO THE COMMUNITY. - 872 GOODWILL BIKES GIVEN AWAY TO KIDS. - 410 GOODWILL BIKES GIVEN AWAY TO ADULTS. GOODWILL BIKES IS A PROGRAM THAT OFFERS FREE BICYCLES TO KIDS AND LOW INCOME ADULTS. WE PARTNER WITH DOZENS OF ORGANIZATIONS THAT WORK WITH LOW INCOME ADULTS AND PROVIDE FREE BIKES TO THEIR CLIENTS, REQUIRING ONLY A LETTER OF REFERRAL. - 2,600 VALET BIKES PARKED AT LOCAL EVENTS. - 1,706 BIKES SOLD AT AN AVERAGE PRICE OF 186.95. - 395 YOUTH PROGRAM PARTICIPANTS - 5,422 BIKES RECEIVED AS DONATIONS - 1,810 VOLUNTEERS SERVED AND 16,935 HOURS COMPLETED BY VOLUNTEERS - 4,269 HOURS OF BENCH TIME THAT COMMUNITY MEMBERS USED IN OUR DRY REPAIR SHOP SPACE. OPEN SHOP IS OUR CORE PROGRAM. AT EVERY LOCATION, CUSTOMERS ARE WELCOME TO BRING IN THEIR PERSONAL BIKES FOR MAINTENANCE AND REPAIR AND WITH THE HELP OF A PROFESSIONAL MECHANIC THEY LEARN TO DO THE WORK THEMSELVES. WE ALSO OFFER HOURS AT EACH LOCATION THAT ARE OPEN TO BUDDING MECHANICS UNDER 18 YEARS OF AGE. (Less)
Salt Lake City Bicycle Collective cannot currently be evaluated by our Culture & Community methodology because we have not received data from the charity regarding its Constituent Feedback or Equity Practices strategies.
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.
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Salt Lake City Bicycle Collective cannot currently be evaluated by our Leadership & Adaptability methodology because we have not received data from the charity regarding its leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes.
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.
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Impact & Results
Accountability & Finance
Culture & Community
Leadership & Adaptability
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