Bike & Build Inc
- Assets
- $151.9k
- Revenue
- $288.7k
- Investments
- $0.0
- Employees
- 22
- Location
- Brooklyn, NY
- Founding
- 07/2004
- Data as of
- 10/2023
- EIN
- 36-4524531
Organization Overview
Bike & Build Inc is located in Brooklyn, NY. The organization was established in 2004. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 10/2023, Bike & Build Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bike & Build 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 10/2023, Bike & Build Inc generated $288.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (20.2%) each year. All expenses for the organization totaled $300.8k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (18.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bike & Build Inc has awarded 53 individual grants totaling $422,761. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH SERVICE ORIENTED CYCLING TRIPS, BIKE & BUILD BENEFITS AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, BIKE & BUILD RAN ONE FINAL CROSS COUNTRY AND ONE REGIONAL CYCLING TRIP, MADE THE DECISION TO END OPERATIONS, LAID OFF ALL STAFF, AND BEGAN PLANS TO PETITION FOR DISSOLUTION IN 2024.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jess Zarik Board Chair | OfficerTrustee | 5 | $0 |
Rob Dunn Board Vice Chair | OfficerTrustee | 5 | $0 |
Danielle Kraus Board Treasurer | OfficerTrustee | 5 | $0 |
Alan Guagliardo Board Secretary | OfficerTrustee | 5 | $0 |
Brian Wegner Board Member | Trustee | 1 | $0 |
Dylan Maguire Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $36,693 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $277,551 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $314,244 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$62,465 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,906 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $288,656 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,367 |
| 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 | $124,618 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,553 |
| Payroll taxes | $50,733 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,370 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,551 |
| Advertising and promotion | $3,261 |
| Office expenses | $120 |
| Information technology | $22,247 |
| Royalties | $0 |
| Occupancy | $616 |
| Travel | $448 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $32,848 |
| All other expenses | $590 |
| Total functional expenses | $300,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,326 |
| Savings and temporary cash investments | $16,236 |
| Pledges and grants receivable | $17,177 |
| 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 | $13,811 |
| Net Land, buildings, and equipment | $15,933 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,453 |
| Total assets | $151,936 |
| Accounts payable and accrued expenses | $11,459 |
| Grants payable | $0 |
| Deferred revenue | $27,751 |
| 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 | $0 |
| Total liabilities | $39,210 |
| Net assets without donor restrictions | $56,820 |
| Net assets with donor restrictions | $55,906 |
| 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 | $151,936 |
Grants Awarded
Over the last fiscal year, Bike & Build Inc has awarded $10,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MOVEMENT FOR JUSTICE EL BARRIO PURPOSE: GENERAL PURPOSE | $5,250 |
COMMUNITY REBUILDS PURPOSE: GENERAL PURPOSE | $5,250 |