Green Mountain Foster Bikes
- Assets
- $489.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vergennes, VT
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 81-5087288
Organization Overview
Green Mountain Foster Bikes is located in Vergennes, VT. The organization was established in 2017. According to its NTEE Classification (P52) the organization is classified as: Transportation Assistance, 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. Green Mountain Foster Bikes 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 12/2022, Green Mountain Foster Bikes generated $29.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (71.1%) each year. All expenses for the organization totaled $32.0k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
IN 2022, GREEN MOUNTAIN FOSTER BIKE'S VOLUNTEERS AND BOARD MEMBERSREBUILT BICYCLES AND PROVIDED THEM - ALONG WITH HELMETS, PUMPS, RAGSAND OIL - TO DOZENS OF FOSTER KIDS AROUND VERMONT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy C Mathewson President | 3 | $0 | |
Tanya Bashaw Vice President & Treasurer | 2 | $0 | |
Charles Whitney Secretary | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,350 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18,050 |
| Total Revenue | $29,400 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,760 |
| Occupancy, rent, utilities, and maintenance | $12,844 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,410 |
| Total expenses | $32,014 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,802 |
| Other assets | $0 |
| Total assets | $489,398 |
| Total liabilities | $139,791 |
| Net assets or fund balances | $349,607 |