Jack The Bike Man Inc

Organization Overview

Jack The Bike Man Inc, operating under the name co Samuel Hairston III, is located in West Palm Beach, FL. The organization was established in 2007. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, co Samuel Hairston III employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. co Samuel Hairston III 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, co Samuel Hairston III generated $962.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $971.5k during the year ending 12/2021. While expenses have increased by 8.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO STRENGTHEN OUR COMMUNITY THROUGH BICYCLE EDUCATION AND SAFETY PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

*PROVIDE COLLABORATIVE YOUTH BICYCLE EDUCATION THROUGH AFTER SCHOOL PROGRAMS THAT DEVELOP CREATIVELY, SELF-ESTEEM, RESPONSIBILITY, COMMUNITY AND LEADERSHIP.*REPURPOSE AND RECYCLE BICYCLES, PROMOTING ENVIRONMENTAL SUSTAINABILITY.*PROVIDE ACCESS TO AFFORDABLE BICYCLES FOR ADULTS AND YOUTH WHO LIVE BELOW THE POVERTY LEVEL.*PARTNERING WITH OTHER LOCAL NON-PROFITS BY PROVIDING FREE BICYCLES AND HELMETS TO ADULTS AND CHILDREM.*PROMOTE BICYCLING TO PROMOTE HEALTHY LIFESTYLES.*PROVIDE YOUTHS WITH COMMUNITY SERVICE HOURS THROUGH A UNIQUE EXPERIENCE OF LEARNING A SKILL AND GIVING BACK TO THE COMMUNITY. HOPEFULLY THE EXPERIENCE WILL ENCOURAGE THEM TO GIVE BACK THROUGHOUT THEIR ADULT LIVES.*TEACH ADULTS IN RECOVERY BASIC BICYCLE MECHANICS. THEY ALSO LEARN TEAM WORK, LEADERSHIP, RESPONSIBILITY AND ABILITY TO FOLLOW DIRECTIONS, A GOOD FOUNDATION TO HELP THEM OBTAIN A JOB AND BE SUCCESSFUL AT KEEPING A JOB.


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Board, Officers & Key Employees

Name (title)Compensation
Samuel H Hairston III
Executive Director
$67,500
Javier Lopez
Treasurer
$0
Louis A Lara
Board Chairman
$0
Paul Gryglass
Secretary
$0
Mark Mcgraw
Member At Large
$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$845,022
Noncash contributions included in lines 1a–1f $316,594
Total Revenue from Contributions, Gifts, Grants & Similar$845,022
Total Program Service Revenue$47,892
Investment income $620
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $60,139
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $962,301

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Jack The Bike Man Inc has recieved totaling $219,000.

Awarding OrganizationAmount
Lost Tree Village Charitable Foundation Inc

North Palm Beach, FL

PURPOSE: For roofing at the new location, which will provide a permanent home for the bike donation and job training programs.

$100,000
Leslie L Alexander Foundation

Delray Beach, FL

PURPOSE: HUMANITARIAN CHARITY

$30,000
J M Rubin Foundation Inc

West Palm Beach, FL

PURPOSE: SUPPORT

$25,000
Ballenisles Charties Foundation Inc

Palm Beach Gardens, FL

PURPOSE: BICYCLE REFURBISHMENT & RELATED EQUIPMENT

$19,800
Reichel Foundation Inc

Palm Beach Gardens, FL

PURPOSE: FOR USE BY THE DONEE FOR THEIR EXEMPT PURPOSES.

$11,200
The Mirasol Foundation Inc

Palm Beach Gardens, FL

PURPOSE: PROGRAM

$10,000
View Grant Recipient Profile

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