Totals
- Total revenue
- $2,254,066
- Total expenses
- $1,302,824
- Contributions and grants received
- $2,095,340
- Grants paid
- $0
- Program service revenue
- $127,406
- Investment income
- $31,320
- Other revenue
- $0
- Total assets, end of year
- $1,802,174
- Total liabilities, end of year
- $91,481
- Net assets or fund balances, end of year
- $1,710,693
- Program services expenses (Part IX)
- $1,052,547
- Management and general expenses
- $217,283
- Fundraising expenses
- $32,994
- Program service expenses (Part III)
- $1,052,547
Program services were 80.8% 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.
-
1e · Government grants (contributions)
$1,994,727
-
1f · All other contributions, gifts and grants
$100,613
-
2a · Program service revenue: BIKE USAGE FEES
total $127,406 · related or exempt $127,406
-
3 · Investment income
total $31,320 · excluded $31,320
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $115,000 · program services $71,300 · management and general $34,500 · fundraising $9,200
-
7 · Other salaries and wages
total $468,770 · program services $401,553 · management and general $53,066 · fundraising $14,151
-
8 · Pension plan contributions
total $18,564 · program services $15,036 · management and general $2,785 · fundraising $743
-
9 · Other employee benefits
total $54,256 · program services $43,948 · management and general $8,138 · fundraising $2,170
-
10 · Payroll taxes
total $49,002 · program services $39,692 · management and general $7,350 · fundraising $1,960
-
11c · Fees: accounting
total $60,208 · management and general $60,208
-
11g · Fees: other
total $15,274 · program services $11,210 · management and general $3,510 · fundraising $554
-
12 · Advertising and promotion
total $14,130 · program services $1,041 · management and general $13,089
-
13 · Office expenses
total $1,269 · program services $1,028 · management and general $190 · fundraising $51
-
16 · Occupancy
total $35,619 · program services $28,851 · management and general $5,343 · fundraising $1,425
-
17 · Travel
total $8,252 · program services $6,684 · management and general $1,238 · fundraising $330
-
22 · Depreciation, depletion and amortization
total $113,147 · program services $111,450 · management and general $1,340 · fundraising $357
-
23 · Insurance
total $27,935 · program services $22,628 · management and general $4,190 · fundraising $1,117
-
24a · Other expenses: REPAIRS AND MAINTENANCE
total $160,515 · program services $158,619 · management and general $1,497 · fundraising $399
-
24b · Other expenses: SOFTWARE
total $116,486 · program services $114,840 · management and general $1,299 · fundraising $347
-
24c · Other expenses: CUSTOMER SERVICE
total $20,234 · program services $20,234
-
24d · Other expenses: BANK CHARGES
total $18,827 · management and general $18,827
-
24e · All other expenses
total $5,336 · program services $4,433 · management and general $713 · fundraising $190
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $288,083 · end of year $62,617
-
2 · Savings and temporary cash investments
end of year $841,727
-
3 · Pledges and grants receivable
beginning of year $160,867 · end of year $523,122
-
9 · Prepaid expenses and deferred charges
beginning of year $12,519 · end of year $25,803
-
10a · Land, buildings and equipment: cost or other basis
$1,249,735
-
10b · Land, buildings and equipment: accumulated depreciation
$900,830
-
10c · Land, buildings and equipment, net
beginning of year $460,470 · end of year $348,905
-
17 · Accounts payable and accrued expenses
beginning of year $156,607 · end of year $83,768
-
19 · Deferred revenue
beginning of year $5,881 · end of year $7,713
-
27 · Net assets without donor restrictions
beginning of year $655,514 · end of year $803,193
-
28 · Net assets with donor restrictions
beginning of year $103,937 · end of year $907,500
Mission and programs · 2024
Mission
TO PROVIDE ALTERNATIVE ENVIRONMENTALLY RESPONSIBLE TRANSPORTATION TO DOWNTOWN TRAVELERS THROUGH A BIKE SHARE PROGRAM.
-
GREENBIKE BRIDGES PEOPLE AND PLACES BY OFFERING AN AFFORDABLE, HEALTHY, AND LOCALLY FOCUSED BIKE SHARE SYSTEM. WE REDUCE VEHICLE CONGESTION, IMPROVE AIR QUALITY IN UTAH, AND PROMOTE A VIBRANT COMMUNITY SPIRIT. WE ENVISION A HEALTHIER, MORE CONNECTED UTAH WHERE EVERYONE-REGARDLESS OF INCOME OR BACKGROUND-HAS ACCESS TO SAFE, RELIABLE, AND AFFORDABLE TRANSPORTATION. GREENBIKE PLAYS A VITAL ROLE IN THIS VISION BY CONNECTING PEOPLE, NEIGHBORHOODS, AND DESTINATIONS, COMPLEMENTING PUBLIC TRANSIT, AND ENCOURAGING ACTIVE LIFESTYLES. IN 2024 OUR MONTHLY AND ANNUAL RIDERSHIP INCREASED BY AS MUCH AS 35% OVER THE SAME PERIODS IN 2023. OUR SYSTEM CONTINUES TO GROW AND EXPAND IN BOTH SALT LAKE CITY AND OGDEN WITH NEW STATIONS, NEW E-BIKES AND INCREASED RIDERSHIP.
Expenses $1,052,547 · Revenue $127,406
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Stan PenfoldSTAN PENFOLD
EXECUTIVE DI
- Total calculated
- $126,909
- From this org
- $115,000
- From related orgs
- $0
- Other
- $11,909
- Hours/week
- 40
-
Jon LarsenJON LARSEN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jory JohnerJORY JOHNER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Chase MurdockCHASE MURDOCK
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Derek AllenDEREK ALLEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Dj BaxterDJ BAXTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
William BeckerWILLIAM BECKER
ALT BOARD ME
- Total calculated
- $0
- Hours/week
- 0.25
-
Alex BiemALEX BIEM
ALT BOARD ME
- Total calculated
- $0
- Hours/week
- 0.25
-
Heidi GoedhartHEIDI GOEDHART
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Erin MendenhallERIN MENDENHALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Shaina Miron QuinnSHAINA MIRON QUINN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Andrea OlsenANDREA OLSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Rachel OttoRACHEL OTTO
ALT BOARD ME
- Total calculated
- $0
- Hours/week
- 0.25
-
Greg ReidGREG REID
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Matt SibulMATT SIBUL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Justin SmartJUSTIN SMART
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Megan YuillMEGAN YUILL
ALT BOARD ME
- Total calculated
- $0
- Hours/week
- 0.25
-
Jaron RobertsonJARON ROBERTSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202543199349301689
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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