S P I Bikefest Inc
Only null% goes to programs Thin reserves Declining revenue
S P I Bikefest Inc is a 501(c)(3) organization based in Mcallen, Texas, registered in 1997, with $37,988 in FY2018 revenue. CharityIndex grades it F.
1001 Whitewing Ave Ste A, Mcallen, TX, 78501 EIN 74-2785503 Since 1997
Revenue (FY2018)
$38K
▼ 72.4% vs prior year
Philanthropy median: $168K
Expenses (FY2018)
$42K
Net assets
-$24K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for S P I Bikefest Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For S P I Bikefest Inc: 0 mo reserves · -10% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for S P I Bikefest Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For S P I Bikefest Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1001 Whitewing Ave Ste A, Mcallen, TX, 78501
- City
- Mcallen
- State
- Texas
- Subcategory
- Philanthropy Programs
- Website
- …
Financial trends
Revenue declined from $56K (FY2013) to $38K (FY2018) across 6 reported years.
Financial snapshot
Financial health & position (FY2018)
Liabilities $27KNet assets -$24K
Operating margin
-10.1%
Spent more than it raised in the latest fiscal year.
Total assets
$2,917
Total liabilities
$27K
Net assets
-$24K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2018 | $37,988▼72.4% | $41,815▼73.0% | -$23,688▼19.3% | $2,917▼12.8% | 990EZ |
| 2017 | $137,444▼27.5% | $154,971▼20.7% | -$19,861▼751% | $3,344▼36.7% | 990 |
| 2016 | $189,492▼35.5% | $195,383▼19.6% | -$2,334▼166% | $5,280▼87.8% | 990 |
| 2015 | $293,890▼16.6% | $243,064▼40.9% | $3,557▲108% | $43,286▲310% | 990 |
| 2014 | $352,223▲534% | $411,431▲1260% | -$47,269▼496% | $10,565▼12.9% | 990 |
| 2013 | $55,561 | $30,260 | $11,936 | $12,124 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is S P I Bikefest Inc a legitimate nonprofit?
- Yes. S P I Bikefest Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-2785503, based in Mcallen, Texas. Donations are tax-deductible.
- What is S P I Bikefest Inc's EIN?
- S P I Bikefest Inc's Employer Identification Number (EIN) is 74-2785503.
- How much revenue does S P I Bikefest Inc report?
- S P I Bikefest Inc reported $37,988 in total revenue on its fiscal year 2018 IRS Form 990 filing.
- What financial grade does S P I Bikefest Inc have?
- CharityIndex grades S P I Bikefest Inc F, based on financial health (reserves and operating margin).
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Data for S P I Bikefest Inc (EIN 74-2785503) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.