Yellow Bike Project
- Assets
- $395.7k
- Revenue
- $490.9k
- Investments
- $0.0
- Employees
- 11
- Location
- Austin, TX
- Founding
- 06/1998
- Data as of
- 12/2023
- EIN
- 74-2860831
Organization Overview
Yellow Bike Project is located in Austin, TX. The organization was established in 1998. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Yellow Bike Project employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yellow Bike Project 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 12/2023, Yellow Bike Project generated $490.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $558.6k during the year ending 12/2023. While expenses have increased by 19.8% per year over the past 6 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 2022, Yellow Bike Project has awarded 13 individual grants totaling $175,180. 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
YELLOW BIKE PROJECT IS A VOLUNTEER-POWERED INITIATIVE TO PUT BICYCLES ON THE STREETS OF AUSTIN AND CENTRAL TEXAS BY OPERATING COMMUNITY BIKE SHOPS, TEACHING BIKE MECHANICS AND MAINTENANCE, AND ACTING AS A LOCAL BIKE ADVOCACY GROUP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YELLOW BIKE PROJECT EMPLOYED 9 MECHANICS TO REFURBISH AND SELL 514 USED BICYCLES TO THE LOCAL COMMUNITY. REFURBISHED AND DONATED 875 ADULT BIKES TO 43 COMMUNITY ORGANIZATIONS, AND 310 KID BIKES TO 14 LOCAL ELEMENTARY SCHOOLS, 13 COMMUNITY ORGANIZATIONS AND INDIVIDUALS. PROVIDED EDUCATION TO THE LOCAL COMMUNITY BY HOLDING 249 COMMUNITY SHOPS PROVIDING KNOWLEDGE AND TOOLS TO 674 MEMBERS OF THE LOCAL COMMUNITY. HELD 24 EDUCATIONAL CLASSES FOR 97 ADULTS TO LEARN BICYCLE REPAIR AND MAINTENANCE SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mateo Scoggins Director | Trustee | 2.75 | $0 |
Susan L Kraemer Director | Trustee | 5.38 | $0 |
Robert Wong Director | Trustee | 22.05 | $0 |
Dianne Wanyama Director | Trustee | 1.33 | $0 |
Andrew Tucker Director | Trustee | 2.49 | $0 |
Dan C Rogers Director | Trustee | 1.3 | $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 | $180,775 |
| Noncash contributions included in lines 1a–1f | $127,630 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,775 |
| Total Program Service Revenue | $9,332 |
| Investment income | $292 |
| 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 | $300,297 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $490,855 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $123,430 |
| Grants and other assistance to domestic individuals. | $4,200 |
| 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 | $274,330 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,935 |
| Payroll taxes | $21,922 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,336 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,381 |
| Advertising and promotion | $4,025 |
| Office expenses | $3,764 |
| Information technology | $6,304 |
| Royalties | $0 |
| Occupancy | $21,781 |
| Travel | $2,075 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,809 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,729 |
| Insurance | $5,004 |
| All other expenses | $182 |
| Total functional expenses | $558,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,629 |
| Savings and temporary cash investments | $70,017 |
| Pledges and grants receivable | $7,280 |
| Accounts receivable, net | $2,915 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $37,020 |
| Prepaid expenses and deferred charges | $1,261 |
| Net Land, buildings, and equipment | $256,529 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $395,651 |
| Accounts payable and accrued expenses | $15,457 |
| 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 | $0 |
| Total liabilities | $15,457 |
| Net assets without donor restrictions | $380,194 |
| 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 | $395,651 |
Grants Awarded
Over the last fiscal year, Yellow Bike Project has awarded $81,900 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
A NEW ENTRY INC PURPOSE: Bike donation | $7,675 |
AUSTIN IND SCHOOL DISTRICT PURPOSE: Bike donation to various schools | $24,275 |
CASA MARIANELLA PURPOSE: Bike donation | $9,450 |
INTEGRAL CARE PURPOSE: Bike donation | $14,675 |
JAIL TO JOBS PURPOSE: Bike donation | $5,750 |
MAS CULTURA PURPOSE: Bike donation | $5,700 |