Minnesota · Nonprofit
NICE RIDE MINNESOTA
NICE RIDE MINNESOTA (Minnesota) receives grants from 5 organizations whose IRS filings report $45,185 to it, the largest being PEOPLEFORBIKES FOUNDATION ($20,000). 1 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2023
- $208k
- Funders on record
- 5
- Grants received
- $45k
- Net assets
- $0
What Nice Ride Minnesota does
Mission
To enhance quality of life by providing convenient, easy-to-use bike sharing and fleet programs that will provide residents and visitors a healthy, fun, different way to get around town.
As stated on its FY2023 Form 990.
Program
On its FY2023 return the organization reported a significant change in how it conducts a program.
Nice Ride Minnesota continued to operate throughout 2022 by overseeing operation of the grant-funded bike share equipment by lyft bikes & scooters llp ("lyft") and operation of an e-bike sharing fleet by lyft pursuant to a program agreement. In june 2022, Nice Ride Minnesota published a document seeking proposals from nonprofits with similar missions to acquire Nice Ride Minnesota. In august 2022, we selected a proposal submitted by the great plains institute. Until february 2023, we expected that lyft would continue to operate our equipment at least through the expiration of the program agreement in 2023. In february 2023, it became apparent that lyft would exit the minneapolis micromobility market and would not relaunch the bike share system. At that point, Nice Ride Minnesota notified its public sector partners and began wind-up activities. We obtained an appraisal of our grant-funded equipment and published a request for proposals seeking opportunities for beneficial re-use. We entered into a termination agreement with lyft in which it agreed to re-use certain of the station equipment in the bike share system it operates for the city of chicago and the city of new york and to compensate us for certain docks. A portion of the bicycle fleet was given to the university of minnesota for use in a bike library. A small number of bicycles were sold to the public for $50 each. The remainder of the fleet was recycled, having reached the end of its useful life. We sold commercial…
Its own explanation, from Schedule O of that return (Part III, line 3).
In 2022, Nice Ride Minnesota's primary program was oversight of a public bike sharing system, which creates a simple, low-cost alternative transportation solution to increase physical activity levels, reduce congestion, reduce dependence on fossil fuels and auto emissions, and enhance urban vitality. The system complemented public transit and car-sharing programs, providing greater transportation choices. Prior to july 2, 2018, Nice Ride Minnesota owned and operated the system, which included 201 stations and 1,850 bicycles. In 2018, Nice Ride Minnesota began a transition. During the transition period (until the end of our grant-funded contract with the city of minneapolis in august 2021), nice ride remained the exclusive licensee of city of minneapolis and was authorized to contract with motivate minnesota llc (selected through a public solicitation) to operate the system. Motivate minnesota llc subsequently merged into lyft bikes & scooters. Through oversight of this contract, Nice Ride Minnesota met objectives for quality, reliability, equity, and order in the right-of-way as set forth in the 2018 update to nonprofit business plan. Lyft also delivered a substantial e-bike…
$668,581 spentof which $668,581 as grants$32,917 earned by the program100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $668,581.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $4.5M to $3.0M (−34%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 11% · 2018 8% · 2020 14%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base narrowed from 4 funders to 1 funder, grant income fell $45k → $16.
3 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 55% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of NICE RIDE MINNESOTA’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
NICE RIDE MINNESOTA leans on a few funders — its largest provides 44% of grant income and the top three 100%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NICE RIDE MINNESOTA.
Largest funder’s share by year: 2017 44% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
55% of NICE RIDE MINNESOTA's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $20k that is directly attributable, 99% of it comes from funders outside Minnesota, across 2 states.
Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding NICE RIDE MINNESOTA receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $152k on record.
- Department of the Interior$152k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like NICE RIDE MINNESOTA
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Public support
16%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for NICE RIDE MINNESOTA: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NICE RIDE MINNESOTA?
- NICE RIDE MINNESOTA (Minnesota) receives grants from 5 organizations whose IRS filings report $45,185 to it, the largest being PEOPLEFORBIKES FOUNDATION ($20,000). 1 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does NICE RIDE MINNESOTA have?
- IRS filings report 5 organizations giving $45,185 in grants to NICE RIDE MINNESOTA, 1 of which have funded it in more than one year.
- Who is the largest funder of NICE RIDE MINNESOTA?
- PEOPLEFORBIKES FOUNDATION is the largest funder on record, with $20,000 in grants. The full list of funders is on this page.
- How can an organization like NICE RIDE MINNESOTA find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2017–2023), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing