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Nonprofit · EIN 46-1608203

SILICON VALLEY BICYCLE EXCHANGE

Tax-exempt · PALO ALTO, CA 94303

Financials

$429K$260K2023$408K$351K2024
Revenue Expenses · by fiscal year end
Financials of SILICON VALLEY BICYCLE EXCHANGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$407,645$351,093$56,552$1,241,242$3,155$1,238,087
December 31, 2023990$429,049$259,509$169,540$937,868$13,145$924,723
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$179,171
Program service revenue
$4,022
Investment income
$2,209
Net gain from sales of assets
$1,995
Net income from sales of inventory
$222,243
Other revenue
$222,243

Expenses

Grants and similar amounts paid
$43,650
Other salaries and wages
$159,246
Salaries, compensation and benefits (total)
$180,092
Professional fundraising fees
$0
Accounting fees
$16,912
Occupancy
$12,238
Program services (functional)
$291,066
Management and general (functional)
$57,013
Fundraising (functional)
$3,014

Balance sheet and other

Total assets, start of year
$937,868
Total assets, end of year
$1,241,242
Total liabilities, end of year
$3,155
Net assets, end of year
$1,238,087
Publicly traded securities
$1,126,039
Net assets without donor restrictions
$1,238,087
Gross receipts
$477,468
Employees
6
Volunteers
601
Year formed
2013
State of legal domicile
CA

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
DAVID FORKPRESIDENT
Trustee or director, Officer
17$0
KATY TRIPPTREASURER
Trustee or director, Officer
1$0
ROSS STOVALLSECRETARY
Trustee or director, Officer
21$0
NICOLE COVEBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Andrew YeeExecutive Director
Trustee or director, Key employee, Highest-paid employee
40$113,000
David K ForkPresident and Board Member
Trustee or director, Officer
12.5$0
Lucy HsuTreasurer and Board Member
Trustee or director, Officer
14.9$0
Roger Conley-SmithSecretary and Board Member
Trustee or director, Officer
4.5$0
Bruce HildenbrandBoard Member
Trustee or director
5$0
Judy ColwellBoard Member
Trustee or director
4.9$0
John P MillerBoard Member
Trustee or director
8.9$0

Address and contacts

Address (IRS master file)
3961 E BAYSHORE RD, PALO ALTO, CA 94303-4313
In care of
% DAVID FORK
Mailing address (990-N for 2015)
2566 Leghorn Street, Mountain View CA 94043
Principal officer (990 for 2024)
DAVID FORK, 3961 E BAYSHORE ROAD, PALO ALTO, CA 94303
Principal officer (990-N for 2015)
David Fork, 878 San Rafael Ave, Mountain View CA 94043
Signed the 990
DAVID FORK, PRESIDENT
Phone
(650) 691-5989
Return prepared by
EASY OFFICE DBA JITASA

California records

California keeps its own records of charities and corporations. Search them by EIN 46-1608203 or by the name SILICON VALLEY BICYCLE EXCHANGE.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE SILICON VALLEY BICYCLE EXCHANGE IS DEDICATED TO SERVING THE COMMUNITY WHILE INSPIRING PEOPLE TO LEARN THE ART OF BICYCLE REPAIR.

990 for the year ended December 31, 2024

Program accomplishments

  • RETAIL OPERATIONS - SILICON VALLEY BICYCLE EXCHANGE HAS A SMALL COMMUNITY BIKE SHOP THAT CIRCULATES INEXPENSIVE, HIGH-QUALITY, GENTLY-USED BICYCLES BACK INTO THE COMMUNITY. THE BICYCLE EXCHANGE SOLD 675 REASONABLY PRICED BICYCLES IN 2024. A SIGNIFICANT AMOUNT OF THESE BICYCLES ARE REPAIRED BY VOLUNTEERS WHICH GIVES THE VOLUNTEERS THE OPPORTUNITY TO LEARN BICYCLE REPAIR TECHNIQUES. INCOME FROM THE COMMUNITY BIKE SHOP IS USED TO SUPPORT THE EXCHANGE'S OTHER PROGRAMS SUCH AS BICYCLE DONATIONS AND BICYCLE REPAIR EVENTS.
    Expenses $167,895 · revenue $228,259
  • BIKE DONATION OPERATIONS - SILICON VALLEY BICYCLE EXCHANGE DONATED 817 BICYCLES TO CHARITABLE ORGANIZATIONS SUPPORTING CHILDREN, MILITARY VETERANS, AND THE HOMELESS. ALONG WITH THESE DONATIONS SILICON VALLEY BICYCLE EXCHANGE DONATED 533 LOCKS, 308 HELMETS AND 266 LIGHTS SETS, ALL OF WHICH WERE NEW. ADDITIONALLY, 178 BICYCLES WERE REPAIRED AT 7 OFFSITE EVENTS THAT OFFERED BASIC BIKE REPAIR AND KNOWLEDGE SHARING TO THOSE WHO MAY NOT HAVE ACCESS TO TRADITIONAL BIKE SHOPS.
    Expenses $75,269 · grants $43,250
  • GENERAL PROGRAMS - SILICON VALLEY BICYCLE EXCHANGE PROMOTED BICYCLE REPAIR EDUCTION BY HOSTING OVER 165 SKILLS SHARING EVENTS THAT WERE SUPPORTED AND ATTENDED BY MORE THAN 500 VOLUNTEERS, WHO COLLECTIVELY VOLUNTEERED OVER 10,000 HOURS OF THEIR TIME.
    Expenses $47,902 · grants $400

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 on file

IRS record

EIN
46-1608203
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$1,241,242
Income (IRS master file)
$477,468

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$407,645$351,093$1,241,242XML
990December 2023$429,049$259,509$937,868XML
990December 2022$340,525$231,337$765,053IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2015
Officer: David Fork
December 31, 2015≤ $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 46-1608203).

Questions about SILICON VALLEY BICYCLE EXCHANGE

What is the EIN of SILICON VALLEY BICYCLE EXCHANGE?
The employer identification number (EIN) of SILICON VALLEY BICYCLE EXCHANGE is 46-1608203.
Is SILICON VALLEY BICYCLE EXCHANGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to SILICON VALLEY BICYCLE EXCHANGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SILICON VALLEY BICYCLE EXCHANGE 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 SILICON VALLEY BICYCLE EXCHANGE 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 SILICON VALLEY BICYCLE EXCHANGE 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 SILICON VALLEY BICYCLE EXCHANGE?
The 990 for the year ended December 31, 2024 names DAVID FORK.
Who are the officers and directors of SILICON VALLEY BICYCLE EXCHANGE?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does SILICON VALLEY BICYCLE EXCHANGE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $407,645, expenses of $351,093 and total assets of $1,241,242 at year end.

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