Virginia · Nonprofit
PHOENIX BIKES
PHOENIX BIKES (Virginia) receives grants from 24 organizations whose IRS filings report $519,342 to it, the largest being WASHINGTON FORREST FOUNDATION ($151,600). 14 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $668k
- Funders on record
- 24
- Grants received
- $519k
- Net assets
- $523k
What Phoenix Bikes does
Mission
Harnessing the power of bikes to help youth build passion, purpose and a place in the community.
As stated on its FY2024 Form 990.
Programs
Youth and community programs: through afterschool and summer programs, we taught bike mechanics, riding and racing skills to youth in 6th - 12th grade, empowering them with practical skills and confidence
$253,379 spent$2,400 earned by the program55% of program spendingJob training and shop operations: the bike shop serves as a venue for teaching youth basic business and job skills, including customer service and the economics of bicycle repair and sales. In addition to training youth volunteers, we trained five paid high school interns who helped run our full-service bike shop. In the shop, we worked hard to keep biking accessible to all by offering one of the most affordable selections of both used bikes and bike parts in the dc metro area and by providing low-cost, high quality customer repairs.
$204,983 spent$219,651 earned by the program45% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $458,362.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $421k to $478k (+14%).
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: 2021 11% · 2023 1%. Grants only. Government contracts and fees sit inside program revenue.
68% of PHOENIX BIKES’s revenue is contributions — more donation-reliant than the typical peer (18% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 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.
Chief executive
Thomas Shannon
Executive director
Board chair
Michale Mccomis
Chair
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2023 and FY2024 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 6 funders to 11 funders, grant income rose $48k → $70k.
9 of 24 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 54% 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 PHOENIX BIKES’s funders (the co-funder graph). Top 23 of 24 funders by total. 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
PHOENIX BIKES has a broad base — no single funder exceeds 29% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
54% 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 PHOENIX BIKES.
Largest funder’s share by year: 2017 45% · 2018 71% · 2019 46% · 2020 32% · 2021 91% · 2022 35% · 2023 36% — diversifying over time.
“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.
How long its funders stay
38% of PHOENIX BIKES's funders are still giving 3 years after their first grant; 58% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
54% of PHOENIX BIKES'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 $241k that is directly attributable, 68% of it comes from Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $279k arriving through sponsors registered in 8 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.
Against its field
PHOENIX BIKES runs a healthier operating margin than half of the 15,520 recreation & sports nonprofits its size.
this organization peer median middle 50% of peers· 15,520 recreation & sports nonprofits $100k–$1M, FY2024
Organizations like PHOENIX BIKES
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 Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
73% of spending goes to programs.
Governance
Public support
98%
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 PHOENIX BIKES: 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 PHOENIX BIKES?
- PHOENIX BIKES (Virginia) receives grants from 24 organizations whose IRS filings report $519,342 to it, the largest being WASHINGTON FORREST FOUNDATION ($151,600). 14 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does PHOENIX BIKES have?
- IRS filings report 24 organizations giving $519,342 in grants to PHOENIX BIKES, 14 of which have funded it in more than one year.
- Who is the largest funder of PHOENIX BIKES?
- WASHINGTON FORREST FOUNDATION is the largest funder on record, with $151,600 in grants. The full list of funders is on this page.
- How can an organization like PHOENIX BIKES find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Phoenix Bikes →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 24 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