Overview
What is Bike Share Of Austin Metrobike?
Bike Share Of Austin Metrobike is a nonprofit organization situated in Austin, Texas, specifically at 1000 Brazos Street, with a mission to promote sustainable urban transportation. They offer a bike-sharing program with numerous stations spread across central and east Austin, housing hundreds of sturdy commuter bicycles and scooters for short-term use by both members and non-members. The primary objective of MetroBike Bike Share of Austin is to provide an affordable and eco-friendly alternative to motorized vehicles, thereby alleviating traffic congestion and decreasing air pollution. The organization currently employs 17 individuals in its operations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Bike Share Of Austin Metrobike has earned an 80% rating from Charity Navigator, indicating a solid level of accountability and financial health. This rating is based on a comprehensive assessment of the organization's financial practices and governance, with a perfect score in several key areas, including a fully independent board and no reported material diversions of assets.
The organization demonstrates strong governance practices, including a conflict of interest policy and well-documented board meeting minutes. Additionally, its liabilities to assets ratio is exceptional at 0.00%, suggesting a strong financial position with no debt obligations. The program expense ratio stands at 79.34%, reflecting a commitment to allocating resources effectively towards its mission.
While the overall rating is positive, it is important to consider that the score is derived from a single beacon score, which may not encapsulate the full spectrum of the organization's impact or effectiveness in achieving its goals. Nonetheless, the metrics indicate a reliable and well-managed organization.
This AI summary has been generated from information found on Charity Navigator.
Is Bike Share Of Austin Metrobike legitimate?
Bike Share Of Austin Metrobike is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bike Share Of Austin Metrobike 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: $104,654
Professional Fundraising Fees: $0
Other Salaries and Wages: $252,502
For more financial information, click here
What is the mission statement of Bike Share Of Austin Metrobike?
Bike Share of Austin Metrobike's mission is centered around providing an affordable and accessible option for urban residents to use bicycles and scooters for short-term travel. This initiative aims to reduce traffic congestion and decrease air pollution by serving as an alternative to motorized vehicles. The bike share program, which includes numerous stations throughout central and east Austin, offers hundreds of durable bicycles and scooters for both members and non-members to use temporarily.
Who is the CEO of Bike Share Of Austin Metrobike?
Joel Sher is the Treasurer of Bike Share Of Austin Metrobike.
What is the revenue of Bike Share Of Austin Metrobike?
Bike Share Of Austin Metrobike's revenue in 2022 was $880,416.
Who are the executives of Bike Share Of Austin Metrobike and what are their salaries?
The average compensation at Bike Share Of Austin Metrobike during 2022 was $21,009. There are 17 employees and 7 volunteers at Bike Share Of Austin Metrobike.
Here are 9 key members and their salaries:
- Compensation: $58,385
- Related: $0
- Other: $6,143
- Compensation: $46,269
- Related: $0
- Other: $5,221
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bike Share Of Austin Metrobike?
Bike Share Of Austin Metrobike's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bike Share Of Austin Metrobike
Bike Share of Austin Metrobike, a public initiative, aims to make bicycles and scooters readily available for brief-term usage in urban areas. By offering an affordable alternative to motorized vehicles, this program strives to alleviate traffic congestion and decrease air pollution. The organization maintains numerous bike-sharing stations throughout central and eastern Austin, housing a substantial number of robust commuter bicycles and scooters. These resources are accessible for both members and non-members, encouraging the utilization of sustainable transportation methods.
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Impact
July, 2024
Bike Share Of Austin Metrobike's impact is substantial in promoting sustainable transportation options and reducing the reliance on motorized vehicles in urban areas. Through its bike share program, the organization provides affordable access to bicycles and scooters for short-term use, encouraging members and non-members to opt for environmentally-friendly modes of transportation. By operating numerous bike sharing stations throughout central and east Austin, Bike Share Of Austin Metrobike effectively contributes to reducing traffic congestion and minimizing air pollution in the city. The initiative plays a key role in fostering community improvement and promoting a more sustainable urban environment.
This information is meant to be a general summary of Bike Share Of Austin Metrobike. 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.
- Program Service Revenue: $706,263
- Gross Receipts: $880,416
Assets and Liabilities:
- Total Assets: $395,364
- Total Liabilities: $30,124
- Net Assets: $365,240
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
contract rev., ridership
Revenue
$607,218
membership fees
Revenue
$99,045
Organization Details
Founding Year
2012
Phone
(512) 954-1665Principal Officer
Joel Sher
Main Address
1000 Brazos Street, Austin, TX, 78701
NTEE Category
Code: S20 - Community improvement
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