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Rustys Bicycle Recycle Inc

EIN 82-4975971 · Longwood, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceWeak35 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE CHARITY SEEKS TO OBTAIN, REPAIR AND RECYCLE DONATED BICYCLES TO HOMELESS SERVICE ORGANIZATIONS AND DISADVANTAGED CHILDREN IN THE GREATER CENTRAL FLORIDA AREA. THIS CHARITY HAS NO EMPLOYEES AND IT RELIES ON PUBLIC SUPPORT AND IN KIND VOLUNTEER SERVICES TO REPAIR THE DONATED BIKES.

Income
$309,121
Spending
$240,693
Spent on programs
98%
Reserves
4.7 months of spending
Largest source of income
donations and private grants, 80%
Employees
0
Volunteers
24

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100. Higher than 65% of charities in its peer group (human services, $250k to $1m).

  • Reserves

    20 of 35

    Spendable reserves would cover 4.7 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 22% of income.

  • Income trend

    15 of 15

    Income rose 13% on the year before.

  • Spending floor

    15 of 15

    98% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 35 out of 100. Higher than 8% of charities in its peer group (human services, $250k to $1m).

  • Independent board

    5 of 25

    0 of 9 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. THROUGH REFURBISHMENT/REPAIR OF USED BICYCLES DONATED TO THE ORGANIZATION, THE PROGRAMS ACCOMPLISHED: - 2,858 REPAIRED AND RECYCLE BICYCLES WERE PROVIDED TO VARIOUS CHARITIES AND CHURCHES THAT SUPPORT HOMELESS. 3.221.3 TOTAL VOLUNTEER HOURS PLUS INKIND RENT OF 13,875, PROFESSIONAL SERVICES OF 3,000, AND INKIND VEHICLE SERVICES 7,800 WERE APPLIED IN PERFORMANCE OF THE PROGRAM SERVICES.
  2. $235,391 spent. THROUGH REFURBISHMENT/REPAIR OF USED BICYCLES DONATED TO THE ORGANIZATION, THE PROGRAMS HAS ACCOMPLISHED: - 2,858 REPAIRED AND RECYCLED BICYCLES WERE PROVIDED TO VARIOUS CHARITIES AND CHURCHES THAT SUPPORT THE HOMELESS. -OF THE 2,858 BICYCLES, 716 KIDS BIKES WERE PROVIDED TO DISADVANTAGED CHILDREN. -OF THE 2,858 BICYCLES, 79 BICYCLES WERE PROVIDED TO DISABLED AMERICAN VETERANS. -OF THE 2,858 BICYCLES, 1,823 WERE PROVIDED TO NEEDY ADULTS. - 5,006 VOLUNTEER IN KIND HOURS TO PROVIDE THE NEEDED REPAIRS AND DISBURSEMENT OF THE BICYCLES TO THE VARIOUS CHARITIES. THIS INCLUDES INKIND RENT OF 13,875, INKIND PROFESSIONAL SERVICES OF 3,000, INKIND VEHICLE SERVICES OF 7,800 AND GENERAL VOLUNTEER HOURS VALUED AT 67,866 BASED UPON ESTIMATED FAIR MARKET VALUE 20 PER HOUR OF THE VOLUNTEERS SERVICES. -BOARD OF DIRECTORS ARE ALSO VOLUNTEERS WHO REPAIR THE BICYCLES, WHICH ARE INCLUDED IN THE IN KIND OF HOURS - IN ADDITION TO RECYCLING BICYCLES, THE CHARITY ALSO DISTRIBUTES BIKE LOCKS AND SAFETY LIGHTS FOR EACH ADULT BIKE PROVIDED.
  3. THROUGH REFURBISHMENT/REPAIR OF USED BICYCLES DONATED TO THE ORGANIZATION, THE PROGRAMS HAS ACCOMPLISHED: - 2,858 REPAIRED AND RECYCLED BICYCLES WERE PROVIDED TO VARIOUS CHARITIES AND CHURCHES THAT SUPPORT THE HOMELESS. -OF THE 2,858 BICYCLES, 716 KIDS BIKES WERE PROVIDED TO DISADVANTAGED CHILDREN. -OF THE 2,858 BICYCLES, 79 BICYCLES WERE PROVIDED TO DISABLED AMERICAN VETERANS. -OF THE 2,858 BICYCLES, 1,823 WERE PROVIDED TO NEEDY ADULTS. - 5,006 VOLUNTEER IN KIND HOURS TO PROVIDE THE NEEDED REPAIRS AND DISBURSEMENT OF THE BICYCLES TO THE VARIOUS CHARITIES. THIS INCLUDES INKIND RENT OF 13,875, INKIND PROFESSIONAL SERVICES OF 3,000, INKIND VEHICLE SERVICES OF 7,800 AND GENERAL VOLUNTEER HOURS VALUED AT 67,866 BASED UPON ESTIMATED FAIR MARKET VALUE 20 PER HOUR OF THE VOLUNTEERS SERVICES. -BOARD OF DIRECTORS ARE ALSO VOLUNTEERS WHO REPAIR THE BICYCLES, WHICH ARE INCLUDED IN THE IN KIND OF HOURS - IN ADDITION TO RECYCLING BICYCLES, THE CHARITY ALSO DISTRIBUTES BIKE LOCKS AND SAFETY LIGHTS FOR EACH ADULT BIKE PROVIDED.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.