Form 990 for tax year 2023

Filed by BIKE NEW YORK INC.

Totals

Total revenue: $6,357,016
Total expenses: $6,177,286
Contributions and grants received: $206,990
Grants paid: $0
Program service revenue: $6,150,026
Investment income: $0
Other revenue: $0
Total assets, end of year: $4,556,324
Total liabilities, end of year: $2,411,509
Net assets or fund balances, end of year: $2,144,815
Program services expenses (Part IX): $3,889,119
Management and general expenses: $2,140,203
Fundraising expenses: $147,964
Program service expenses (Part III): $3,889,119

Program services were 63.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1f · All other contributions, gifts and grants

$206,990
2a · Program service revenue: Participation Fees

total $6,145,631 · unrelated business $0 · excluded $0
2b · Program service revenue: Other Income

total $4,395 · unrelated business $0 · excluded $0
3 · Investment income

total $0 · unrelated business $0 · excluded $0

Functional expenses

Part IX, the statement of functional expenses.

7 · Other salaries and wages

total $2,909,048 · program services $2,472,690 · management and general $305,450 · fundraising $130,908
8 · Pension plan contributions

total $57,204 · program services $48,624 · management and general $6,006 · fundraising $2,574
9 · Other employee benefits

total $47,162 · program services $40,088 · management and general $4,952 · fundraising $2,122
10 · Payroll taxes

total $274,668 · program services $233,468 · management and general $28,840 · fundraising $12,360
11g · Fees: other

total $297,972 · program services $253,276 · management and general $44,696 · fundraising $0
12 · Advertising and promotion

total $354,368 · program services $301,212 · management and general $53,156 · fundraising $0
17 · Travel

total $16,883 · program services $15,545 · management and general $1,338 · fundraising $0
22 · Depreciation, depletion and amortization

total $17,690 · program services $0 · management and general $17,690 · fundraising $0
23 · Insurance

total $258,649 · program services $256,557 · management and general $2,092 · fundraising $0
24a · Other expenses: Other Costs

total $1,943,642 · program services $267,659 · management and general $1,675,983 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,968,063 · end of year $1,989,887
2 · Savings and temporary cash investments

beginning of year $135,041 · end of year $0
4 · Accounts receivable

beginning of year $348,119 · end of year $409,438
7 · Other notes and loans receivable

beginning of year $0 · end of year $134
8 · Inventories for sale or use

beginning of year $78,859 · end of year $78,859
9 · Prepaid expenses and deferred charges

beginning of year $115,208 · end of year $207,932
10a · Land, buildings and equipment: cost or other basis

$774,164
10b · Land, buildings and equipment: accumulated depreciation

$669,630
10c · Land, buildings and equipment, net

beginning of year $141,963 · end of year $104,534
11 · Investments: publicly traded securities

beginning of year $1,476,168 · end of year $1,665,955
15 · Other assets

beginning of year $214,657 · end of year $99,585
17 · Accounts payable and accrued expenses

beginning of year $585,761 · end of year $297,246
19 · Deferred revenue

beginning of year $1,402,068 · end of year $2,114,263
27 · Net assets without donor restrictions

beginning of year $2,490,249 · end of year $2,144,815

Mission and programs · 2023

Mission

To promote and encourage bicycling and bicycle safety through education, public events, and collaboration with community and government organizations.

Bike New York, Inc. organizes the annual TD Bank five boro bike tour, Americas largest cycling event, with 32,000 participants. Bike New York, Inc. also offers two regional rides outside New York City attracting thousands of participants.

Expenses $2,017,950 · Revenue $4,983,048
Bike New York, Incs bicycling education program supplies free classes and training for adults and children on bicycle skills and safety. Bike New York also provides workshops for non-profits, schools and workplaces.

Expenses $1,781,448 · Grants $66,660
Bike New York partnered with Bloomberg Charities, and Citi Foundation to purchase and assemble more than 2,000 bikes in 2021. Bike New York planned the bike build and distribution logistics. Bikes were distributed to youth in New York City who had participated in Bike New York summer and after school programs and youth in YMCA programs.

Expenses $89,721 · Grants $89,721

As filed on the 2023 return.

Listed in Part VII

Kenneth J Podziba

Prseident/CEO

Total calculated

$0

Hours/week

4
Henry Chin

Treasurer

Total calculated

$0

Hours/week

2
Stuart Krohnengold

Secretary

Total calculated

$0

Hours/week

2
William D Pettit

Board Member

Total calculated

$0

Hours/week

2
William Mastro

Board Member

Total calculated

$0

Hours/week

2
Jennifer Powell

Board Member

Total calculated

$0

Hours/week

2
Howard Robbins

Board Member

Total calculated

$0

Hours/week

2
Matthew Rogers

Board Member

Total calculated

$0

Hours/week

2
Kenneth J Podziba

President/CEO

Total calculated

$296,616

From this org

$292,436

From related orgs

$0

Other

$4,180

Hours/week

55
Andrew S Gould

COO

Total calculated

$278,109

From this org

$268,549

From related orgs

$0

Other

$9,560

Hours/week

55

Schedule J breakdown matched by us

Base

$268,549

Bonus

$0

Other

$0

Deferred

$9,560

Nontaxable benefits

$0

Filer's total

$278,109
Thurstan Bannister

Board Member

Total calculated

$0

Hours/week

2
Steven Vaccaro

Board Member

Total calculated

$0

Hours/week

2
Leonard Diamond

Board Chariman

Total calculated

$0

Hours/week

2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Itemized on Schedule J with no Part VII listing of the same name on this return:

Kenneth J Podziba

Schedule J breakdown

Base

$292,436

Bonus

$0

Other

$0

Deferred

$4,180

Nontaxable benefits

$0

Filer's total

$296,616

Answered yes

None.

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2023
Filed: 12 May 2026
IRS schema version: 2023v6.0
Source object: 202601359349304780

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