Bike Works Seattle
- Assets
- $2.4m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 31
- Location
- Seattle, WA
- Founding
- 02/1997
- Data as of
- 12/2021
- EIN
- 91-1753062
Organization Overview
Bike Works Seattle is located in Seattle, WA. The organization was established in 1997. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Bike Works Seattle employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bike Works Seattle 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, Bike Works Seattle generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BIKE WORKS BUILDS SUSTAINABLE COMMUNITIES BY EDUCATING YOUTH AND PROMOTING BICYCLING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY BIKE SHOP - INCREASING ACCESS BY MAKING BICYCLES, PARTS, EDUCATION AND REPAIR SERVICE AFFORDABLE:BIKE WORKS COMMUNITY BIKE SHOP HELPS TO GET USED BIKES AT AFFORDABLE PRICES OUT TO THE COMMUNITY THROUGH A WELCOMING ATMOSPHERE. IT IS AN EARNED-INCOME STREAM FOR BIKE WORKS AND HELPS TO SUPPORT OUR MANY PROGRAMS AND SERVICES. IN 2021, WE SOLD OVER 500 REFURBISHED BICYCLES TO THE COMMUNITY. WE SERVED CUSTOMERS IN OVER 9,000 TRANSACTIONS AND HELPED MAKE BICYCLING AFFORDABLE AND ACCESSIBLE TO THE COMMUNITY. IN JUNE 2021 WE OPENED THE SHOP TO THE PUBLIC, AGAIN, FOR IN-PERSON SALES, CONSULTATIONS AND REPAIR SERVICES.
ADULT AND COMMUNITY PROGRAMS:WITH THE CONTINUED DEMAND FOR BIKING AND BIKE RIDING, OUR BIKES-FOR-ALL! PROGRAM ALLOWED US TO GIVE FREE BIKES TO INDIVIDUALS, FAMILIES, AND LOCAL ORGANIZATIONS. IN THE BIKE REPAIR MODE, WE CONCENTRATED ON MOBILIZING OUR BIKE MOBILE REPAIR TRUCK TO VISIT COMMUNITIES WITHOUT ACCESS TO BIKE SHOPS AT LEAST THREE TIMES A WEEK FROM APRIL THROUGH OCTOBER IN ORDER TO MEET THIS GREATER DEMAND AS WELL. IN OUR ADULT PROGRAMS, 170 ADULTS WERE SERVED DIRECTLY (VOLUNTEERING AND CLASSES) WITH A TOTAL OF 1,074 SERVED FOR THE YEAR INCLUDING THIS LARGER WORK IN BIKES AND REPAIRS.
YOUTH PROGRAMS - EDUCATION AND EMPOWERMENT:BIKE WORKS' YOUTH PROGRAMS ARE DESIGNED TO ENGAGE YOUTH IN TECHNICAL BIKE REPAIR INSTRUCTION AND RIDING OPPORTUNITIES, WHICH OPEN DOORS TO HEALTHY DEVELOPMENT, ACTIVE LIFESTYLES, CIVIC ENGAGEMENT, AND ENVIRONMENTAL STEWARDSHIP. YOUTH PARTICIPATE IN LEARNING BIKE MECHANICS, SAFE RIDING SKILLS, OUR JOB SKILLS TRAINING PROGRAM AND OUR BIKE GIVEAWAY PROGRAMS. WE RE-OPENED OUR IN PERSON PROGRAMMING IN THE SPRING OF 2021 WITH OUR STIPENDED BIPOC LEADERSHIP COHORT, FILLED WITH STUDENTS FROM A NEARBY HIGH SCHOOL. WE REMAINED FOCUSED ON IN-PERSON PROGRAMMING THROGH THE SUMMER THROUGH OFFERING 8 WEEKS OF SUMMER CAMPS. IN THE FALL OF 2021 WITH SHIFTING STAFF, WE RE-ALIGNED OUR PROGRAMMING GOALS WITH GOING DEEPER IN THE COMMUNITY THROUGH DESIGNING AND IMPLEMENTING YEAR-ROUND IN-SCHOOL PROGRAMMING IN SOUTH SEATTLE. AS WE ARE EXPANDING OUR PROGRAMMING TO REACH DEEPER AND WIDER IN OUR COMMUNITY WE ARE STILL GRAPPLING WITH THE ONGOING PANDEMIC AND SEARCHING FOR THE SAFEST AND MOST SUSTAINABLE WAY TO MAKE THIS SHIFT. WE SERVED 385 YOUTH IN DIRECT PROGRAMMING (VOLUNTEERING, CLASSES, BIKE RIDES, AND PARTNERSHIPS), IN ADDITION TO OUR GIVEAWAY AND REPAIR PROGRAMS FOR A TOTAL OF 1,212 YOUTH SERVED IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Ewing Executive Dir. | Officer | 40 | $124,732 |
Debra Salls Executive Dir. | Officer | 40 | $16,221 |
Marcos Franco Chair | OfficerTrustee | 2 | $0 |
Matt Hendel Vice President | OfficerTrustee | 2 | $0 |
Larisa Lumba Treasurer | OfficerTrustee | 2 | $0 |
Ed Yoshida Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $262,254 |
| Related organizations | $0 |
| Government grants | $504,354 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,321,208 |
| Noncash contributions included in lines 1a–1f | $197,405 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,087,816 |
| Total Program Service Revenue | $41,581 |
| Investment income | $1,104 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$19,427 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $385,599 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,496,673 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,183 |
| Grants and other assistance to domestic individuals. | $48,590 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $148,154 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $986,485 |
| Pension plan accruals and contributions | $7,500 |
| Other employee benefits | $108,920 |
| Payroll taxes | $100,042 |
| Fees for services: Management | $1,723 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $42,071 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,088 |
| Advertising and promotion | $5,689 |
| Office expenses | $859 |
| Information technology | $4,489 |
| Royalties | $0 |
| Occupancy | $302,976 |
| Travel | $1,507 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,846 |
| Insurance | $18,930 |
| All other expenses | $53,778 |
| Total functional expenses | $1,991,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $639,105 |
| Savings and temporary cash investments | $995,719 |
| Pledges and grants receivable | $366,986 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $321,711 |
| Prepaid expenses and deferred charges | $17,040 |
| Net Land, buildings, and equipment | $42,423 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,382,984 |
| Accounts payable and accrued expenses | $108,851 |
| 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 | $108,851 |
| Net assets without donor restrictions | $1,894,133 |
| Net assets with donor restrictions | $380,000 |
| 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 | $2,382,984 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that Bike Works Seattle has recieved totaling $257,667.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $91,468 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL SUPPORT | $63,000 |
Employees Community Fund Of The Boeing Company Chicago, IL PURPOSE: COMMUNITY SUPPORT | $40,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $13,500 |
Norcliffe Foundation Seattle, WA PURPOSE: GENERAL OPERATING | $10,000 |
Wyncote Foundation Philadelphia, PA PURPOSE: SUPPORT FOR ONGOING PROGRAMS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bike Works Seattle Seattle, WA | $2,382,984 | $2,496,673 |
La Clippers Foundation Bellevue, WA | $1,269,800 | $3,468,997 |
Kitsap Tennis And Athletic Center Bremerton, WA | $1,011,335 | $966,802 |
Iron Dog Race Anchorage, AK | $171,552 | $865,550 |
Whittier Marina Condominium Association Inc Anchorage, AK | $1,336,898 | $592,121 |
Rave Foundation Seattle, WA | $574,075 | $1,049,128 |
Kenai River Sportfishing Association Inc Soldotna, AK | $4,804,569 | $446,757 |
International Drop-In Center Seattle, WA | $297,820 | $664,556 |
Girls On The Run Of Puget Sound Seattle, WA | $556,463 | $634,259 |
Disabled Sports Usa Bend, OR | $682,403 | $737,286 |
Whatcom Events Bellingham, WA | $171,139 | $467,467 |
Swell Events Washougal, WA | $134,026 | $356,415 |