Strider Education Foundation Inc
- Assets
- $438.4k
- Revenue
- $911.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Rapid City, SD
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 81-4580473
Organization Overview
Strider Education Foundation Inc is located in Rapid City, SD. The organization was established in 2017. 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, Strider Education Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Strider Education Foundation 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 12/2021, Strider Education Foundation Inc generated $911.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 52.8% each year . All expenses for the organization totaled $852.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Strider Education Foundation Inc has awarded 32 individual grants totaling $525,718. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE STRIDER EDUCATION FOUNDATION MISSION IS TO TEACH EVERY CHILD IN AMERICA HOW TO RIDE A BIKE IN KINDERGARTEN PE CLASS. LEARNING TO RIDE A BIKE IS A DEVELOPMENTAL MILESTONE IN A CHILD'S LIFE. THE ABILITY TO RIDE IMPROVES LIFE GREATLY WHILE DEVELOPING BALANCE, MOBILITY, SAFETY, AND EXERCISE TO BUILD A HEALTHY LIFESTYLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE STRIDER EDUCATION FOUNDATION ACCOMPLISHES ITS MISSION OF TEACHING CHILDREN HOW TO RIDE A BIKE THROUGH ONE MAIN PROGRAM. ALL KIDS BIKE IS A NATIONAL MOVEMENT TO PLACE LEARN-TO-RIDE PROGRAMS INTO KINDERGARTEN PE CLASSES IN PUBLIC SCHOOLS ACROSS THE NATION WITH DONATIONS AND PARTNERSHIPS FROM INDIVIDUALS, BUSINESSES, AND ORGANIZATIONS. THE FOUNDATION WAS ORGANIZED IN 2016, RECEIVING OUR 501(C)(3) STATUS. IN 2018, A FORMAL KINDERGARTEN PE CURRICULUM WAS CREATED FOR A MORE STRUCTURED PROGRAM, AND THE ALL KIDS BIKE INITIATIVE WAS DEVELOPED. 37 PROGRAMS WERE DELIVERED IN 2018. IN 2019, WE CONTINUED TO GROW AND DELIVERED 98 PROGRAMS. IN 2020, WORD SPREAD ABOUT OUR PROGRAM AND THE POSITIVE BENEFITS OF HAVING A LEARN-TO-RIDE BIKE CURRICULUM IN A PUBLIC- SCHOOL PE CLASS. WE RECEIVED 230 APPLICATIONS WHILE SUCCESSFULLY DELIVERING THE PROGRAM TO 187 SCHOOLS. TO DATE, THE STRIDER EDUCATION FOUNDATION HAS DELIVERED OVER 500 PROGRAMS IN ALL 50 STATES AND IMPACTS OVER 70,000 STUDENTS ON AN ANNUAL BASIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Weyer Executive Di | Officer | 40 | $2,380 |
Al Rieman President | OfficerTrustee | 2 | $0 |
Ryan Mcfarland Secretary/tr | OfficerTrustee | 4.5 | $0 |
Jack Lynass Vice Preside | OfficerTrustee | 2 | $0 |
Rod Woodruff Board Member | Trustee | 2 | $0 |
Greg Wick Board Member | Trustee | 2 | $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 | $894,942 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $894,942 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $16,196 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $911,138 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $646,175 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,380 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $49,212 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,937 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,060 |
| Fees for services: Accounting | $3,503 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,179 |
| Advertising and promotion | $49,092 |
| Office expenses | $7,859 |
| Information technology | $13,773 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,669 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50 |
| Interest | $5,703 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,883 |
| All other expenses | $4,954 |
| Total functional expenses | $852,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $436,126 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $510 |
| 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 | $1,748 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $438,384 |
| Accounts payable and accrued expenses | $10,199 |
| 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 | $10,199 |
| Net assets without donor restrictions | $194,204 |
| Net assets with donor restrictions | $233,981 |
| 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 | $438,384 |
Grants Awarded
Over the last fiscal year, Strider Education Foundation Inc has awarded $120,955 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CITRUS COUNTY SCHOOL DISTRICT PURPOSE: LEARN RIDE PROGRAM | $40,200 |
Festus, MO PURPOSE: LEARN RIDE PROGRAM | $20,100 |
LITTLE ROCK SCHOOL DISTRICT PURPOSE: LEARN RIDE PROGRAM | $13,750 |
LOS ANGELES UNIFIED SCHOOL DISTRICT PURPOSE: LEARN RIDE PROGRAM | $13,400 |
BENTON SCHOOL DISTRICT PURPOSE: LEARN RIDE PROGRAM | $12,185 |
CHARLOTTE MECKLENBURG SCHOOLS PURPOSE: LEARN RIDE PROGRAM | $7,920 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Strider Education Foundation Inc has recieved totaling $85,880.
| Awarding Organization | Amount |
|---|---|
Motorsports Charities Inc Daytona Beach, FL PURPOSE: PROGRAM SUPPORT | $75,000 |
Grow Cycling Foundation Corporation Mckinney, TX PURPOSE: EDUCATION INITIATIVE | $10,555 |
Synchrony Foundation Stamford, CT PURPOSE: EMPLOYER MATCHING GIFT PROGRAM | $325 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Davids Center Minnetonka, MN | $22,036,571 | $23,440,337 |
Iowa Jag Inc Des Moines, IA | $8,216,251 | $8,843,429 |
Achieve Twin Cities Minneapolis, MN | $9,710,050 | $5,735,316 |
Completely Kids Omaha, NE | $26,441,934 | $8,738,088 |
The Sanneh Foundation Inc St Paul, MN | $8,014,398 | $5,568,906 |
Minnesota Alliance With Youth Minneapolis, MN | $2,129,148 | $3,889,585 |
Circus Of The Star St Paul, MN | $2,488,927 | $3,369,220 |
Juxtaposition Inc Minneapolis, MN | $8,534,205 | $7,058,900 |
Cheyenne River Youth Project Inc Eagle Butte, SD | $6,953,670 | $4,891,646 |
Big Sky Youth Empowerment Project Inc Bozeman, MT | $3,023,450 | $1,915,120 |
Hope 4 Youth Coon Rapids, MN | $3,066,603 | $1,492,363 |
Ingham-Okoboji Lutheran Bible Camp Assn Milford, IA | $4,640,710 | $1,670,421 |