Milwaukee Community Bicycle Project Inc
- Assets
- $316.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 12/2013
- Data as of
- 01/2023
- EIN
- 45-4696071
Organization Overview
Milwaukee Community Bicycle Project Inc is located in Milwaukee, WI. The organization was established in 2013. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milwaukee Community Bicycle Project 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 01/2023, Milwaukee Community Bicycle Project Inc generated $100.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $104.0k during the year ending 01/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
VULTURE SPACE IS COMMITTED TO MAKING CYCLING AFFORDABLE. THE USE OF OUR TOOLS AND EDUCATIONAL SERVICES ARE FREE AND ACCESSIBLE TO PEOPLE OF ALL SKILL LEVELS. WE ALSO SELL USED PARTS AND ACCESSORIES FOR ANY BUDGET. BY GIVING THE PUBLIC THE SPACE AND TOOLS TO WORK ON THEIR OWN BICYCLES AND PURCHASE USED MERCHANDISE, WE ARE A LOWER COST ALTERNATIVE TO TRADITIONAL BICYCLE SHOPS. VULTURE SPACE AIMS TO HELP BUILD A MORE SUSTAINABLE AND HEALTHIER ENVIRONMENT. OUR SHOP ACCEPTS AND RECYCLES UNWANTED BICYCLES, BICYCLE PARTS, AND BICYCLE-RELATED ITEMS. WE ARE PROUD TO HAVE FIXED NEARLY 1,800 BICYCLES, WHICH MIGHT OTHERWISE HAVE BEEN SCRAPPED, FROM OVER 2,400 DONATED BICYCLES. VULTURE SPACE BUILDS COMMUNITY BY HOSTING AND SUPPORTING BICYCLE RELATED EVENTS AND MAINTAINING A DIVERSE AND INCLUSIVE ENVIRONMENT. VULTURE SPACE MAKES CYCLING SAFER BY OFFERING FREE BICYCLE SAFETY INSPECTIONS AND TEACHING SAFE RIDING METHODS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Evan Pack President | 50 | $41,600 | |
Anthony Troy Diburgo Vice President | 5 | $0 | |
Ian Klepetar Secretary/treasurer | 5 | $0 | |
David Coles Board Member | 5 | $0 | |
Phil Harry Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,189 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,844 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,783 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $13,010 |
| Printing, publications, postage, and shipping | $596 |
| Other expenses | $34,561 |
| Total expenses | $103,950 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,683 |
| Other assets | $0 |
| Total assets | $316,822 |
| Total liabilities | $189,061 |
| Net assets or fund balances | $127,761 |