Free Bikes 4 Kidz Madison Inc
- Assets
- $49.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 11/2016
- Data as of
- 06/2022
- EIN
- 81-4356356
Organization Overview
Free Bikes 4 Kidz Madison Inc is located in Madison, WI. The organization was established in 2016. According to its NTEE Classification (O19) the organization is classified as: Support N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Free Bikes 4 Kidz Madison 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 06/2022, Free Bikes 4 Kidz Madison Inc generated $127.6k in total revenue. All expenses for the organization totaled $105.4k during the year ending 06/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FB4K MADISON IS CREATING A SUSTAINABLE SUPPLY OF BICYCLES FOR ALL KIDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristie Goforth Executive Di | 25 | $32,000 | |
Tekema Balentine Director | 1 | $0 | |
Quentin Scott Director | 1 | $0 | |
Simon Fallai President | 2 | $0 | |
Clay Griessmeyer Secretary | 1 | $0 | |
Baltazar DE Anda Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,012 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,597 |
| Other Revenue | $0 |
| Total Revenue | $127,609 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $66,352 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $7,700 |
| Printing, publications, postage, and shipping | $1,238 |
| Other expenses | $30,106 |
| Total expenses | $105,396 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,403 |
| Other assets | $0 |
| Total assets | $49,529 |
| Total liabilities | $10,951 |
| Net assets or fund balances | $38,578 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Free Bikes 4 Kidz Madison Inc has recieved totaling $4,019.
| Awarding Organization | Amount |
|---|---|
Cherchian Family Foundation Inc Hartland, WI PURPOSE: GENERAL FUND | $2,000 |
Silver Lining Madison, WI PURPOSE: GENERAL PURPOSE CONTRIBUTION | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fenwick Girls Hockey Club Inc Oak Park, IL | $64,395 | $318,614 |
Jennings Development Interplex Kalamazoo, MI | $845,404 | $137,711 |
Free Bikes 4 Kidz Madison Inc Madison, WI | $49,529 | $0 |
Young Black & Lit Evanston, IL | $189,480 | $418,471 |
Respectacle Inc Hudson, WI | $292,236 | $0 |
Veym Central Region Kentwood, MI | $31,166 | $0 |
Board Of Regents Of The University Of Wisconsin System Kewaunee, WI | $219,384 | $0 |
Grundy County Friends Seneca, IL | $16,918 | $0 |
Help Heal Humanity Inc Nfp Chicago, IL | $332 | $0 |
Hiawathaland Camp Corporation Appleton, WI | $731,481 | $0 |