Bikes Blues & Barbeque Inc
- Assets
- $108.8k
- Revenue
- $219.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Fayetteville, AR
- Founding
- 05/2003
- Data as of
- 12/2021
- 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 12/2021, 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 12/2021, Bikes Blues & Barbeque Inc generated $219.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $227.5k during the year ending 12/2021. While expenses have increased by 13.9% per year over the past 7 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 35 individual grants totaling $254,154. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION HOLDS AN ANNUAL BIKES, BLUES & BBQ FESTIVAL EACH 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 EACH FALL TO RAISE FUNDS FOR LOCAL CHARITABLE ORGANIZATIONS
THE ORGANIZATION HOLDS AN ANNUAL BIKES, BLUES, & BBQ FESTIVAL EACH 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 | $51,833 |
Neal Crawford Chairman | OfficerTrustee | 3 | $0 |
Justin Tennant Secretary | OfficerTrustee | 3 | $0 |
Brian Crowne Vice Chairma | OfficerTrustee | 3 | $0 |
Reese Thompson Treasurer | OfficerTrustee | 3 | $0 |
Steve Clark 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 | $16,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,500 |
| Total Program Service Revenue | $202,809 |
| 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 | $219,309 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $71,416 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,076 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,801 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,903 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,276 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $222 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,583 |
| Insurance | $4,154 |
| All other expenses | $2,811 |
| Total functional expenses | $227,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,283 |
| 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 | $60,716 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,800 |
| Total assets | $108,799 |
| Accounts payable and accrued expenses | $28,276 |
| 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 | $221,517 |
| Total liabilities | $249,793 |
| Net assets without donor restrictions | -$140,994 |
| 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 | $108,799 |
Grants Awarded
Over the last fiscal year, Bikes Blues & Barbeque Inc has awarded $43,637 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Springdale, AR PURPOSE: TO SUPPORT THE EFFORTS OF LOCAL CHARITIES | $7,864 |
Little Rock, AR PURPOSE: TO SUPPORT THE EFFORTS OF LOCAL CHARITIES | $7,500 |
FAYETTEVILLE BOYS AND GIRLS CLUB PURPOSE: TO SUPPORT THE EFFORTS OF LOCAL CHARITIES | $7,185 |
SEQUOYAH KIWANIS PURPOSE: TO SUPPORT THE EFFORTS OF LOCAL CHARITIES | $6,000 |
Fayetteville, AR PURPOSE: TO SUPPORT THE EFFORTS OF LOCAL CHARITIES | $5,088 |
AREA AGENCY ON AGING OF NWA PURPOSE: TO SUPPORT THE EFFORTS OF LOCAL CHARITIES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jasper Ridge Charitable Fund Fort Worth, TX | $1,059,804,391 | $51,342,189 |
Communities Foundation Of Oklahoma Inc Oklahoma City, OK | $155,793,943 | $76,729,791 |
Gary Sinise Foundation Nashville, TN | $79,715,180 | $58,070,139 |
W W Caruth Jr Foundation Dallas, TX | $444,705,321 | $32,925,098 |
Veterans United Foundation Columbia, MO | $54,107,159 | $30,165,811 |
Dallas Center For The Performing Arts Foundation Inc Dallas, TX | $209,822,251 | $21,963,048 |
Houston Parks Board Houston, TX | $62,239,000 | $18,357,527 |
Fossil Foundation Richardson, TX | $2,468,423 | $514,916 |
Pratham Usa Houston, TX | $25,223,728 | $25,510,214 |
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |
Lsu Health Sciences Foundation In Shreveport Shreveport, LA | $312,345,482 | $53,948,217 |
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |