Nonprofit · EIN 81-1068028
EXPLORE BIKE SHARE INC
Tax-exempt · MEMPHIS, TN 38126
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,048,621 | $1,000,956 | $47,665 | $1,171,440 | $236,146 | $935,294 |
| December 31, 2024 | 990 | $1,088,146 | $951,402 | $136,744 | $1,206,813 | $322,100 | $884,713 |
| December 31, 2023 | 990 | $937,685 | $846,363 | $91,322 | $1,301,192 | $553,172 | $748,020 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $862,297
- of which government grants
- $762,057
- Program service revenue
- $199,542
- Investment income
- -$13,218
- Net gain from sales of assets
- -$15,264
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $100,000
- Other salaries and wages
- $386,586
- Salaries, compensation and benefits (total)
- $537,310
- Professional fundraising fees
- $0
- Accounting fees
- $13,400
- Occupancy
- $65,392
- Travel
- $10,191
- Depreciation
- $184,983
- Program services (functional)
- $788,297
- Management and general (functional)
- $124,373
- Fundraising (functional)
- $88,286
Balance sheet and other
- Total assets, start of year
- $1,206,813
- Total assets, end of year
- $1,171,440
- Total liabilities, end of year
- $236,146
- Net assets, end of year
- $935,294
- Land, buildings and equipment
- $358,917
- Publicly traded securities
- $105,007
- Net assets without donor restrictions
- $935,294
- Gross receipts
- $1,063,885
- Employees
- 11
- Year formed
- 2015
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANTON MACK | EXECUTIVE DI Officer | 40 | $100,000 | $6,000 |
| LAUREN BERMUDEZ | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SUZANNE CARLSON | VICE CHAIRMA Trustee or director, Officer | 1 | $0 | $0 |
| DOUG CARPENTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MILTON HOWERY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOUG MCGOWEN | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| TANJA MITCHELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID OPPONG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PENELOPE SPRINGER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARQUES YOUNG | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANTON MACK | EXECUTIVE DI Officer | 40 | $104,615 | $5,862 |
| LAUREN BERMUDEZ | SECRETARY Trustee or director | 1 | $0 | $0 |
| SUZANNE CARLSON | VICE CHAIRMA Trustee or director, Officer | 1 | $0 | $0 |
| DOUG CARPENTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MILTON HOWERY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOUG MCGOWEN | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| TANJA MITCHELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PENELOPE SPRINGER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARQUES YOUNG | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAUREN BERMUDEZ | SECRETARY Trustee or director | – | $0 |
| SUZANNE CARLSON | VICE CHAIRMA Trustee or director, Officer | – | $0 |
| DOUG CARPENTER | DIRECTOR Trustee or director | – | $0 |
| MILTON HOWERY | DIRECTOR Trustee or director | – | $0 |
| DOUG MCGOWEN | CHAIRMAN Trustee or director, Officer | – | $0 |
| TANJA MITCHELL | DIRECTOR Trustee or director | – | $0 |
| PENELOPE SPRINGER | TREASURER Trustee or director, Officer | – | $0 |
| MARQUES YOUNG | DIRECTOR Trustee or director | – | $0 |
| ANTON MACK | EXECUTIVE DI Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 287 S 4TH ST, MEMPHIS, TN 38126-1901
- In care of
- % CASEY SHANNON
- Principal officer (990 for 2025)
- ANTON MACK, 287 S FOURTH ST, MEMPHIS, TN 38126
- Signed the 990
- ANTON MACK, EXECUTIVE DIRECTOR
- Phone
- (901) 590-2127
- Website
- WWW.EXPLOREBIKESHARE.COM
- Return prepared by
- CULVER PLLC
Mission
FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: EXPLORE BIKE SHARE IS FUNDAMENTALLY REVOLUTIONIZING PERSONAL MOBILITY IN MEMPHIS BY CREATING A HEALTHY, CLEAN, AND ACCESSIBLE TRANSPORTATION ALTERNATIVE THAT ALSO ADVANCES MEMPHIS IN CULTURE AND TOURISM AND CONNECTS OUR COMMUNITIES. EXPLORE BIKE SHARE, INC. HAS DEVELOPED, IMPLEMENTED, AND CONTINUES TO OPERATE AND EXPAND A BIKE-SHARING PROGRAM FOR THE BENEFIT OF AS MANY MEMPHIANS AS POSSIBLE. THE ORGANIZATION PROMOTES BIKE CULTURE THROUGH COMMUNITY DEVELOPMENT, BIKE EDUCATION, AND SAFETY TRAINING. FINALLY, THE ORGANIZATION ENCOURAGES EXERCISE AND HEALTHY LIFESTYLES FOR ALL MEMPHIANS.
Program accomplishments
- DEVELOPING, IMPLEMENTING, AND OPERATING A BIKE SHARE PROGRAM FOR THE BENEFIT OF THE GENERAL PUBLIC WITH ACCESS TO AS MANY MEMPHIANS AS POSSIBLE.Expenses $788,297 · revenue $199,542
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-1068028
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P52)
- Assets (IRS master file)
- $1,171,440
- Income (IRS master file)
- $1,063,885
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,048,621 | $1,000,956 | $1,171,440 | XML |
| 990 | December 2024 | $1,088,146 | $951,402 | $1,206,813 | IRS |
| 990 | December 2023 | $937,685 | $846,363 | $1,301,192 | XML |
| 990 | December 2022 | $809,480 | $1,016,342 | $1,420,001 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-1068028).
Questions about EXPLORE BIKE SHARE INC
- What is the EIN of EXPLORE BIKE SHARE INC?
- The employer identification number (EIN) of EXPLORE BIKE SHARE INC is 81-1068028.
- Is EXPLORE BIKE SHARE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to EXPLORE BIKE SHARE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EXPLORE BIKE SHARE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EXPLORE BIKE SHARE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EXPLORE BIKE SHARE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of EXPLORE BIKE SHARE INC?
- The 990 for the year ended December 31, 2025 names ANTON MACK.
- Who are the officers and directors of EXPLORE BIKE SHARE INC?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $100,000 (ANTON MACK, EXECUTIVE DI).
- How much revenue does EXPLORE BIKE SHARE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,048,621, expenses of $1,000,956 and total assets of $1,171,440 at year end.
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