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Nonprofit · EIN 46-1229632

TRIANGLE BIKEWORKS INC

Also known as SPOKE N REVOLUTIONS YOUTH CYCLING

Tax-exempt · CARRBORO, NC 27510

Financials

$173K$178K2023$205K$196K2024
Revenue Expenses · by fiscal year end
Financials of TRIANGLE BIKEWORKS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$205,262$196,293$8,969$153,805$3,728$150,077
December 31, 2023990-EZ$173,075$177,767-$4,692$140,853$889$139,964
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$183,006
Program service revenue
$0
Investment income
$1,256
Net income from fundraising events
$20,883
Other revenue
$21,000

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$34,000
Other salaries and wages
$55,744
Salaries, compensation and benefits (total)
$96,501
Professional fundraising fees
$0
Accounting fees
$15,068
Occupancy
$9,000
Travel
$5,773
Depreciation
$11,047
Program services (functional)
$21,275
Management and general (functional)
$175,018

Balance sheet and other

Total assets, start of year
$140,853
Total assets, end of year
$153,805
Total liabilities, end of year
$3,728
Net assets, end of year
$150,077
Land, buildings and equipment
$30,923
Net assets without donor restrictions
$137,973
Net assets with donor restrictions
$12,104
Gross receipts
$218,586
Employees
5
Volunteers
10
Year formed
2012
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KEVIN HICKSEXECUTIVE DI
Officer
30$34,000
CHRIS BAGLEYBOARD MEMBER
Trustee or director
2$0
SAM BYASSEBOARD MEMBER
Trustee or director
12$0
DAWN MCCLENDONBOARD CHAIR
Trustee or director, Officer
2$0
LISA ROBINSONBOARD MEMBER
Trustee or director
2$0
KRISTINE URRUTIABOARD MEMBER
Trustee or director
2$0
SAPNA VARKEYSECRETARY
Trustee or director, Officer
2$0
990-EZ for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
KEVIN HICKSEXECUTIVE DI30$34,000
SHEVONNE MARTINBOARD MEMBER2$10,787
LISA NELSONVICE CHAIR2$0
SAPNA VARKEYSECRETARY2$0
JAY PARKERBOARD MEMBER2$0
DAWN MCCLENDONBOARD MEMBER2$0
CHRIS BAGLEYBOARD CHAIR2$0

Address and contacts

Address (IRS master file)
117 W MAIN ST, CARRBORO, NC 27510-2025
Mailing address (990-N for 2018)
117 W Main Street, Carrboro NC 27510
Principal officer (990 for 2024)
KEVIN HICKS, 117 W MAIN STREET, CARRBORO, NC 27510
Principal officer (990-N for 2018)
Kevin Hicks, PO Box 17202, Chapel Hill NC 27514
Signed the 990
KEVIN HICKS, EXECUTIVE DIRECTOR
Phone
(919) 452-2272
Return prepared by
LANGDON & COMPANY LLP

Mission

ENGAGING BLACK AND ALAANA YOUTH (AFRICAN, LATINE, ARAB, ASIAN, NATIVE AMERICAN) IN EXPERIENTIAL LEARNING OPPORTUNITIES THAT ALLOWS THEM TO OVERCOME CHALLENGES, ACHIEVE AUDACIOUS GOALS AND DISCOVER THEIR TRUE SELVES.

990 for the year ended December 31, 2024

Program accomplishments

  • ADVENTURE OPENS A WORLD OF OPPORTUNITY FOR SELF-DISCOVERY AND CONFIDENCE BUILDING. YOUTH EXPLORING UNTOLD HISTORY AND ENVIRONMENTAL EDUCATION IN CLASSROOM SETTINGS AND VIA CYCLING TOURS THROUGHOUT REGIONS OF THE UNITED STATES.
    Expenses $21,275

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
46-1229632
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$153,805
Income (IRS master file)
$218,586

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$205,262$196,293$153,805XML
990-EZDecember 2023$173,075$177,767$140,853XML
990December 2022$209,892$174,704$145,031IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2018
Officer: Kevin Hicks
December 31, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-1229632).

Questions about TRIANGLE BIKEWORKS INC

What is the EIN of TRIANGLE BIKEWORKS INC?
The employer identification number (EIN) of TRIANGLE BIKEWORKS INC is 46-1229632.
Is TRIANGLE BIKEWORKS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to TRIANGLE BIKEWORKS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TRIANGLE BIKEWORKS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TRIANGLE BIKEWORKS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TRIANGLE BIKEWORKS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TRIANGLE BIKEWORKS INC?
The 990 for the year ended December 31, 2024 names KEVIN HICKS.
Who are the officers and directors of TRIANGLE BIKEWORKS INC?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $34,000 (KEVIN HICKS, EXECUTIVE DI).
How much revenue does TRIANGLE BIKEWORKS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $205,262, expenses of $196,293 and total assets of $153,805 at year end.

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