Overview
What is We-Cycle?
We-Cycle is a nonprofit organization based in Basalt, Colorado, specifically at 129 Emma Road. Its mission is to foster community connections by providing a bike-sharing service, acting as a supplement to the existing extensive bus service in the Roaring Fork Valley. Operating in various Colorado jurisdictions, including Aspen, Basalt, Snowmass Village, Pitkin County, and Eagle County, We-Cycle operated 54 stations and 278 bikes in 2022, facilitating a total of 91,709 rides. The organization, comprising 23 employees, aims to make local transportation more convenient and accessible.
Official website here: www.we-cycle.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
We-Cycle has received a solid score of 81%, reflecting its strong performance in accountability and finance. This rating is based entirely on a single beacon score, demonstrating the organization’s commitment to transparency and responsible financial management. The charity's governance practices are particularly noteworthy, with a fully independent board and no material diversion of assets, which enhances its credibility.
The organization excels in various accountability metrics, scoring full points in areas such as conflict of interest policy, whistleblower policy, and document retention. Furthermore, its program expense ratio is impressive at 88.01%, indicating that a significant portion of its funds is directed towards its mission-related activities rather than administrative costs.
However, while the financial metrics are commendable, the overall rating might suggest that there could be areas for improvement in programmatic impact or outreach that are not fully captured by financial data alone. Nonetheless, We-Cycle demonstrates a solid foundation in governance and financial responsibility, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is We-Cycle legitimate?
We-Cycle is a legitimate nonprofit organization registered as a 501(c)(3) entity. We-Cycle 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $120,789
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.we-cycle.org
What is the mission statement of We-Cycle?
We-Cycle's mission is centered around connecting people with their surroundings through a community-supported bike-sharing service. This mission aims to serve as a convenient and eco-friendly alternative mode of transportation, particularly for short-distance travel, complementing the existing bus services in a town. In 2022, We-Cycle operated in various Colorado jurisdictions, including Aspen, Basalt, Snowmass Village, Pitkin County, and Eagle County. The bike-sharing service operated 54 stations and had 278 bikes at its disposal, providing a total of 91,709 rides for its users.
Official website here: www.we-cycle.org
Who is the CEO of We-Cycle?
Mirte Mallory is the Vice-Chair of We-Cycle.
Official website here: www.we-cycle.org
What is the revenue of We-Cycle?
We-Cycle's revenue in 2022 was $1,675,508.
Official website here: www.we-cycle.org
Who are the executives of We-Cycle and what are their salaries?
The average compensation at We-Cycle during 2022 was $5,252. There are 23 employees at We-Cycle.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $120,789
- Related: $0
- Other: $3,654
Official website here: www.we-cycle.org
Where can I find the form 990 for We-Cycle?
We-Cycle's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.we-cycle.org
Learn more at the official website: www.we-cycle.org
Mission Statement of We-Cycle
We-Cycle, a community-driven bike-sharing initiative, is committed to bridging the gap between people and their surroundings. Its mission is centered around providing a convenient and eco-friendly mode of transportation, serving as a complement to the extensive bus service in the Roaring Fork Valley. We-Cycle operates in various jurisdictions, including Aspen, Basalt, Snowmass Village, Pitkin County, and Eagle County. In 2022, the organization managed 54 stations and a fleet of 278 bikes, offering a total of 91,709 rides, demonstrating its popularity and effectiveness as a first/last mile transit option within the community.
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Impact
October, 2024
We-Cycle significantly enhances mobility in Colorado's Roaring Fork Valley by providing a community-supported bike-sharing service. It complements the existing public transportation system, facilitating first and last-mile transit solutions for residents and visitors. In 2022 alone, We-Cycle operated 54 stations and deployed 278 bikes, facilitating an impressive 91,709 rides. This not only fosters greater accessibility and convenience for getting around towns like Aspen, Basalt, Snowmass Village, Pitkin County, and Eagle County, but it also promotes sustainable transportation options. By encouraging cycling as a viable mode of travel, We-Cycle contributes to reduced vehicle congestion, lower emissions, and healthier lifestyles within the community. Through its mission to connect people and places, We-Cycle plays a critical role in enhancing the quality of life and mobility for residents in the region.
This information is meant to be a general summary of We-Cycle. 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 2022.
- Investment Income: -$6,502
- Program Service Revenue: $246,621
- Gross Receipts: $1,682,010
Assets and Liabilities:
- Total Assets: $1,790,927
- Total Liabilities: $748,595
- Net Assets: $1,042,332
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OPERATIONAL INCOME
Revenue
$246,621
Organization Details
Founding Year
2010
Phone
(970) 205-9222Principal Officer
Mirte Mallory
Main Address
129 EMMA ROAD, BASALT, CO, 81621
Website
www.we-cycle.orgNTEE Category
Code: P20 - Human services
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