Overview
What is Yay Bikes?
Yay Bikes is a nonprofit organization that advocates for safe and comfortable bicycle transportation in Columbus, Ohio. Their mission is accomplished through various activities, including participating in bike advocacy events and organizing their prominent event, Bike the Cbus. This cycling event offers participants multiple route options, from 10 to 62 miles, allowing them to explore Columbus' distinctive center-ring neighborhoods. Yay Bikes' initiatives aim to enhance the overall bicycle transportation experience within the community.
Official website here: www.yaybikes.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Yay Bikes has earned a respectable 83% rating from Charity Navigator, indicating strong performance in accountability and finance. The organization boasts a fully independent board, with all 11 members meeting this criterion. Additionally, Yay Bikes demonstrates sound financial practices, with no material diversion of assets and a liabilities to assets ratio of 0.00%. The program expense ratio is also noteworthy, with 80.68% of expenses directly supporting its mission.
While the overall governance structure is solid, there are areas for improvement. Notably, Yay Bikes is missing essential policies such as a whistleblower policy and a document retention and destruction policy, which could enhance transparency and accountability. These omissions may raise concerns among potential donors regarding the organization's internal safeguards.
Overall, Yay Bikes shows a commitment to its mission with effective financial management and governance. However, addressing the gaps in policy documentation would further strengthen its credibility and trustworthiness in the eyes of supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Yay Bikes legitimate?
Yay Bikes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yay Bikes submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.yaybikes.com
What is the mission statement of Yay Bikes?
Yay Bikes is dedicated to shaping conditions that promote safe and comfortable bicycle transportation. The organization actively engages in bike advocacy efforts, one of which is their prominent event, Bike the Cbus. This event offers cyclists a variety of routes, ranging from 10 to 62 miles, allowing them to discover the unique charm of Columbus' central neighborhoods.
Official website here: www.yaybikes.com
What is the revenue of Yay Bikes?
Yay Bikes's revenue in 2024 was $30,725.
Official website here: www.yaybikes.com
Who are the executives of Yay Bikes and what are their salaries?
Here are 16 key members and their salaries:
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Official website here: www.yaybikes.com
Where can I find the form 990 for Yay Bikes?
Yay Bikes's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.yaybikes.com
Learn more at the official website: www.yaybikes.com
Mission Statement of Yay Bikes
Yay Bikes, as an organization, is dedicated to shaping a conducive environment for safe and comfortable bicycle transportation. They actively engage in advocacy activities related to cycling, with their signature event, Bike the Cbus, being a notable undertaking. This event offers participants a unique opportunity to explore Columbus's center-ring neighborhoods, allowing them to choose from various routes ranging from 10 to 62 miles. By participating in such events and advocacy activities, Yay Bikes aims to influence and improve the conditions for bicycle transportation.
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Impact
August, 2024
Yay Bikes actively influences conditions for safe and comfortable bicycle transportation in Columbus, Ohio. The organization engages in bike advocacy activities and hosts events like Bike the Cbus, where participants can explore the city's neighborhoods on routes ranging from 10-62 miles. Yay Bikes' impact is seen in promoting biking as a recreational and sustainable transportation option while advocating for safer cycling infrastructure in the community.
This information is meant to be a general summary of Yay Bikes. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $6
- Program Service Revenue: $606
- Gross Receipts: $33,676
Assets and Liabilities:
- Total Assets: $84,418
- Total Liabilities: $0
- Net Assets: $84,418
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Vendor Tables
Revenue
$606
Organization Details
Founding Year
2009
Principal Officer
Brian Estabrook
Website
www.yaybikes.comNTEE Category
Code: N60 - Recreation
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