World Bicycle Relief Nfp
- Assets
- $9.9m
- Revenue
- $9.6m
- Investments
- $18.8k
- Employees
- 27
- Location
- Chicago, IL
- Founding
- 10/2006
- Data as of
- 12/2020
- EIN
- 20-5080679
Organization Overview
World Bicycle Relief Nfp is located in Chicago, IL. The organization was established in 2006. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2021, World Bicycle Relief Nfp employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Bicycle Relief Nfp 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 12/2020, World Bicycle Relief Nfp generated $9.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $5.9m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
WORLD BICYCLE RELIEF'S MISSION IS TO MOBILIZE INDIVIDUALS AND COMMUNITIES (CONTINUED IN SCHEDULE O) THROUGH THE POWER OF BICYCLES. WE ENVISION A WORLD WHERE DISTANCE IS NO LONGER A BARRIER TO INDEPENDENCE AND LIVELIHOOD SO INDIVIDUALS AND COMMUNITIES CAN THRIVE. OUR LONG-TERM GOAL IS TO INSPIRE FOLLOWERS, FUNDERS, PARTNERS, AND COMPETITORS TO SCALE THE AVAILABILITY OF QUALITY BICYCLES. WE SEEK TO EMPOWER THE ONE BILLION INDIVIDUALS WORLDWIDE WHO DO NOT HAVE AFFORDABLE, ACCESSIBLE TRANSPORTATION AND THEREFORE LACK ACCESS TO EDUCATION, HEALTHCARE, AND LIVELIHOODS. WORLD BICYCLE RELIEF DISTRIBUTES A RUGGED, SPECIALLY-DESIGNED, LOCALLY-ASSEMBLED BICYCLE, WHILE ALSO BUILDING A SUSTAINABLE MOBILITY ECOSYSTEM WITH COMMUNITY-BASED MECHANICS, SUSTAINABLE SPARE PARTS SUPPLY CHAINS, AND COMMUNITY-OWNED PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM ACTIVITIESWBR'S PROGRAM ACTIVITIES ARE DESIGNED TO PROVIDE BUFFALO BICYCLES AND SUPPORTIVE PROGRAMMING TO THE MOST VULNERABLE AFFECTED BY DISTANCE, APPROXIMATELY 70% OF WHOM ARE WOMEN AND GIRLS.(CONTINUED IN SCHEDULE O)
SOCIAL ENTERPRISEAS PREVIOUSLY NOTED, BUFFALO BICYCLE LIMITED, WBR'S WHOLLY-OWNED SOCIAL ENTERPRISE, ALLOWS WBR TO LEVERAGE TWO OF OUR THREE PRIMARY DISTRIBUTION CHANNELS: SALES TO INDIVIDUALS (E.G. FARMERS) THROUGH OUR NETWORK OF SMALL SOCIAL ENTERPRISE RETAIL SHOPS (NUMBERING 31 ACROSS FIVE COUNTRIES AS OF DECEMBER 2021), AND SALES TO ORGANIZATIONS (E.G. MINISTRIES OF HEALTH, UNICEF, U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT PROJECTS). (CONTINUED IN SCHEDULE O)
PRODUCT DEVELOPMENTFOR THOSE WORLD BICYCLE RELIEF SERVES, THE VALUE OF A BICYCLE IS ULTIMATELY MEASURED IN THE TIME AND EFFORT IT SAVES. THE VALUE OF THE BUFFALO BICYCLE ISN'T IN THE OBJECT ITSELF BUT RATHER IN THEFUNCTION IT PROVIDES. BUFFALO BICYCLES DRAMATICALLY INCREASE EFFICIENCY FOR ITS USERS - INDIVIDUALS AT THE LOWEST LEVEL OF THE ECONOMIC LADDER.(CONTINUED IN SCHEDULE O)
MONITORING AND EVALUATIONWORLD BICYCLE RELIEF IS CONSISTENTLY MEASURING THE IMPACT OF THE BICYCLE IN WBR AND NON WBR RUN PROGRAMS. LEVERAGING LEARNING WITH ADAPTIVE MANAGEMENT ENSURES WBR IS PROVIDING THE BEST SOLUTION POSSIBLE TO MOBILITY TO THOSE IT SERVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Neiswander CEO | Officer | 40 | $299,896 |
Eric Showell Program Director | 40 | $282,571 | |
Alisha Myers Sii Director | 40 | $218,351 | |
Jeffrey Bosken Treasurer & Corp Secretary | Officer | 40 | $197,050 |
Susan Bornstein Ed Institutional Markets | 40 | $166,527 | |
Andrew Samways VP Of Product Development | 40 | $164,026 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grant Thornton Llp Accounting | 12/30/18 | $194,528 |
Creative Circle Llc Writing | 12/30/18 | $112,065 |
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 | $9,452,136 |
| Noncash contributions included in lines 1a–1f | $695,990 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,452,136 |
| Total Program Service Revenue | $0 |
| Investment income | $98,097 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $23,129 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $18,967 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,592,329 |
| 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 | $703,782 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $490,852 |
| Compensation of current officers, directors, key employees. | $156,991 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,565,457 |
| Pension plan accruals and contributions | $105,789 |
| Other employee benefits | $272,325 |
| Payroll taxes | $192,717 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,736 |
| Fees for services: Accounting | $231,908 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $246,825 |
| Advertising and promotion | $103,137 |
| Office expenses | $255,412 |
| Information technology | $288,871 |
| Royalties | $0 |
| Occupancy | $20,932 |
| Travel | $126,716 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $85,020 |
| Interest | $23,778 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55,830 |
| Insurance | $72,345 |
| All other expenses | $0 |
| Total functional expenses | $5,874,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,863,689 |
| Pledges and grants receivable | $207,214 |
| 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 | $193,096 |
| Net Land, buildings, and equipment | $130,053 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $18,816 |
| Investments—program-related | $6,523,554 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,936,422 |
| Accounts payable and accrued expenses | $217,674 |
| 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 | $150,000 |
| Other liabilities | $180 |
| Total liabilities | $367,854 |
| Net assets without donor restrictions | $9,493,568 |
| Net assets with donor restrictions | $75,000 |
| 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 | $9,936,422 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that World Bicycle Relief Nfp has recieved totaling $936.
| Awarding Organization | Amount |
|---|---|
Geyer Foundation Inc Suamico, WI PURPOSE: PROVIDE BIKES FOR THOSE IN NEED | $686 |
Bryant Foundation Inc Cedar Rapids, IA PURPOSE: CHARITABLE | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southwest Iowa Rec Corning, IA | $40,599,568 | $12,865,419 |
Underground Safety Alliance Inc Greenwood, IN | $4,222,370 | $11,681,610 |
Secure Community Network Inc Chicago, IL | $1,546,824 | $9,194,850 |
Midwest Mission Distribution Center Pawnee, IL | $7,426,456 | $6,925,095 |
World Bicycle Relief Nfp Chicago, IL | $9,936,422 | $9,592,329 |
Islamic Medical Association Of North America Inc Lombard, IL | $7,802,322 | $4,638,395 |
Goserv Global Inc Eagle Grove, IA | $1,816,509 | $3,526,160 |
National Association Of State Boating Law Administrators Inc Lexington, KY | $4,015,780 | $2,693,544 |
National Emergency Management Association Lexington, KY | $2,342,036 | $2,882,198 |
Helping His Hands Disaster Response Inc Vincennes, IN | $1,656,492 | $1,895,533 |
Illinois Valley Regional Dispatch Peru, IL | $1,594,774 | $1,164,593 |
Realtors Relief Foundation Chicago, IL | $10,324,102 | $8,505,056 |