Nonprofit · EIN 46-1608203
SILICON VALLEY BICYCLE EXCHANGE
Tax-exempt · PALO ALTO, CA 94303
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $407,645 | $351,093 | $56,552 | $1,241,242 | $3,155 | $1,238,087 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID FORK | PRESIDENT Trustee or director, Officer | 17 | $0 |
| KATY TRIPP | TREASURER Trustee or director, Officer | 1 | $0 |
| ROSS STOVALL | SECRETARY Trustee or director, Officer | 21 | $0 |
| NICOLE COVE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Yee | Executive Director Trustee or director, Key employee, Highest-paid employee | 40 | $113,000 |
| David K Fork | President and Board Member Trustee or director, Officer | 12.5 | $0 |
| Lucy Hsu | Treasurer and Board Member Trustee or director, Officer | 14.9 | $0 |
| Roger Conley-Smith | Secretary and Board Member Trustee or director, Officer | 4.5 | $0 |
| Bruce Hildenbrand | Board Member Trustee or director | 5 | $0 |
| Judy Colwell | Board Member Trustee or director | 4.9 | $0 |
| John P Miller | Board 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
- Website
- www.bikex.org
- 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)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE SILICON VALLEY BICYCLE EXCHANGE IS DEDICATED TO SERVING THE COMMUNITY WHILE INSPIRING PEOPLE TO LEARN THE ART OF BICYCLE REPAIR.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $407,645 | $351,093 | $1,241,242 | XML |
| 990 | December 2023 | $429,049 | $259,509 | $937,868 | XML |
| 990 | December 2022 | $340,525 | $231,337 | $765,053 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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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