Form 990 for tax year 2023
Filed by FREE BIKES 4 KIDZ OF ATLANTA CO.
Totals
- Total revenue
- $109,008
- Total expenses
- $66,194
- Contributions and grants received
- $109,008
- Grants paid
- $5,450
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $72,314
- Total liabilities, end of year
- $19,993
- Net assets or fund balances, end of year
- $52,321
- Program services expenses (Part IX)
- $39,868
- Management and general expenses
- $26,326
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $39,868
Program services were 60.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$109,008
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $5,450 · program services $5,450
-
11g · Fees: other
total $3,060 · program services $765 · management and general $2,295
-
12 · Advertising and promotion
total $1,956 · program services $1,956
-
13 · Office expenses
total $4,517 · program services $2,258 · management and general $2,259
-
14 · Information technology
total $428 · program services $214 · management and general $214
-
16 · Occupancy
total $32,457 · program services $16,228 · management and general $16,229
-
17 · Travel
total $824 · program services $412 · management and general $412
-
24a · Other expenses: CONTRACT LABOR
total $7,827 · program services $3,913 · management and general $3,914
-
24b · Other expenses: BIKE HARDWARE
total $4,696 · program services $4,696
-
24c · Other expenses: REPAIRS
total $1,533 · program services $766 · management and general $767
-
24d · Other expenses: DUES
total $1,209 · program services $1,209
-
24e · All other expenses
total $2,237 · program services $2,001 · management and general $236
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $11,281 · end of year $63,299
-
4 · Accounts receivable
end of year $4,365
-
8 · Inventories for sale or use
beginning of year $2,500 · end of year $2,500
-
15 · Other assets
end of year $2,150
-
17 · Accounts payable and accrued expenses
beginning of year $3,253 · end of year $18,948
-
25 · Other liabilities
beginning of year $1,021 · end of year $1,045
-
27 · Net assets without donor restrictions
beginning of year $9,507 · end of year $52,321
Mission and programs · 2023
Mission
PROVIDING BIKES TO ALL KIDS THAT ARE IN MOST NEED.
-
SINCE 2016, FREE BIKES 4 KIDZ OF ATLANTA HAS COLLECTED OVER 5,083 NEW AND USED BIKES FROM HUNDREDS OF INDIVIDUALS AND DOZENS OF CORPORATIONS. IN THOSE SIX YEARS, "FB4KATL" WAS ABLE TO REFURBISH AND GIVE AWAY OVER 3,593 OF THOSE BIKES, AT AN AVERAGE COST OF 25 PER BIKE (INCLUDING A HELMET), TO UNDERSERVED CHILDREN IN THE ATLANTA COMMUNITY. IN 2023, THE ORGANIZATION RECEIVED 883 BICYCLES TO REFURBISH FOR THE UNDERSERVED COMMUNITY. IN ADDITION, 218 BIKES WERE DONATED TO THE CHILDREN. PLEASE REFER TO SCHEDULE I FOR MORE DETAILS.
Expenses $39,868 · Grants $5,450
As filed on the 2023 return.
Listed in Part VII
-
Margie CohenMARGIE COHEN
EXECUTIVE DI
- Total calculated
- $0
- Hours/week
- 2
-
Tess PalmerTESS PALMER
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 2
-
Stephen WolfeSTEPHEN WOLFE
CFO
- Total calculated
- $0
- Hours/week
- 10
-
Sprague PaynterSPRAGUE PAYNTER
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Amy PattersonAMY PATTERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Brian ReedBRIAN REED
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Bill WilsonBILL WILSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Holly MalerbaHOLLY MALERBA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Nichole HollisNICHOLE HOLLIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Russell Debarros JrRUSSELL DEBARROS JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Doug WaltersDOUG WALTERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 4 June 2024
- IRS schema version
- 2023v5.0
- Source object
- 202422219349300512
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