Small Public Charity

HOPECYCLE

HOPECYCLE is a Small Public Charity headquartered in Englewood, CO. Financial data from the 2024 filing: $148K revenue, $93K expenses, $152K total assets. 15 publicly reported grants to this organization, totaling roughly $218K, appear in IRS filings.

EIN: 274038753 Englewood, CO Interfaith Coalitions NTEE: X90 Latest filing: 2024
Total Revenue$148K
Total Expenses$93K
Total Assets$152K
Grant Records15
Funding Total$218K
Filing Years2020–2024

Mission

DONATE BIKES TO INNER CITY ELEM SCHOOLS

Where $100 goes at Hopecycle

How Hopecycle divides every $100 it spends, from its own Form 990-EZ filings, averaged across 8 years.

$58 Programs the work itself
$42 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $58 for programs

$58
Repair bikes to give to inner city elementary students in need
All program spending
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Allen Wat
TREASURER Rob Busch
CHAIR Scott Olmsted

Officer compensation and complete director data available with membership.

Top Grant Purposes

Religion & Spirituality
$114,750 7 grants
General Support
$49,761 5 grants
Human & Social Services
$25,557 2 grants
Unspecified
$28,006 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $148K $93K $152K
2023 $41K $90K $96K
2022 $101K $83K $283K
2021 $168K $176K $268K
2020 $171K $162K $294K

Between 2020 and 2024, reported annual revenue declined from $171K to $148K (-13%), with total assets most recently reported at $152K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for HOPECYCLE

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