Bikes Blues & Barbeque Inc
- Assets
- $97.3k
- Revenue
- $406.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Fayetteville, AR
- Founding
- 05/2003
- Data as of
- 12/2022
- EIN
- 03-0426716
Organization Overview
Bikes Blues & Barbeque Inc is located in Fayetteville, AR. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Bikes Blues & Barbeque Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bikes Blues & Barbeque Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Bikes Blues & Barbeque Inc generated $406.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.3% each year . All expenses for the organization totaled $343.7k during the year ending 12/2022. While expenses have increased by 18.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bikes Blues & Barbeque Inc has awarded 42 individual grants totaling $312,249. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION HOLDS AN ANNUAL BIKES, BLUES & BBQ FESTIVAL IN THE FALL TO RAISE FUNDS FOR LOCAL CHARITABLE ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HOLDS AN ANNUAL BIKES, BLUES & BBQ FESTIVAL IN THE FALL TO RAISE FUNDS FOR LOCAL CHARITABLE ORGANIZATIONS
THE ORGANIZATION HOLDS AN ANNUAL BIKES, BLUES & BBQ FESTIVAL IN THE FALL TO RAISE FUNDS FOR LOCAL CHARITABLE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tommy Sisemore Executive Di | Officer | 40 | $34,100 |
Steve Clark Board Member | Trustee | 3 | $0 |
Neal Crawford Chairman | OfficerTrustee | 3 | $0 |
Brian Crowne Vice Chairma | OfficerTrustee | 3 | $0 |
Paul Johnson Board Member | Trustee | 3 | $0 |
Jeff Koenig Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $341,449 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $406,086 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $34,100 |
| Compensation of current officers, directors, key employees. | $24,100 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,691 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $47,545 |
| Advertising and promotion | $1,913 |
| Office expenses | $15,414 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,473 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,816 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,583 |
| Insurance | $2,816 |
| All other expenses | $20,051 |
| Total functional expenses | $343,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,265 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $54,213 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,800 |
| Total assets | $97,278 |
| Accounts payable and accrued expenses | $30,450 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $149,635 |
| Total liabilities | $180,085 |
| Net assets without donor restrictions | -$82,807 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $97,278 |
Grants Awarded
Over the last fiscal year, Bikes Blues & Barbeque Inc has awarded $43,637 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SEQUOYAH KIWANIS PURPOSE: TO SUPPORT THE EFFORTS OF LOCAL CHARITIES | $6,000 |
FAYETTEVILLE BOYS AND GIRLS CLUB PURPOSE: TO SUPPORT THE EFFORTS OF LOCAL CHARITIES | $7,185 |
ARKANSAS CHILDREN'S HOSPITAL PURPOSE: TO SUPPORT THE EFFORTS OF LOCAL CHARITIES | $7,500 |
AREA AGENCY ON AGING OF NWA PURPOSE: TO SUPPORT THE EFFORTS OF LOCAL CHARITIES | $5,000 |
CHILDREN'S SAFETY CENTER PURPOSE: TO SUPPORT THE EFFORTS OF LOCAL CHARITIES | $7,864 |
FAYETTEVILLE PUBLIC EDUCATION FOUNDATION PURPOSE: TO SUPPORT THE EFFORTS OF LOCAL CHARITIES | $5,000 |