Form 990 for tax year 2023

Filed by STRIDER EDUCATION FOUNDATION INC.

Totals

Total revenue: $1,876,838
Total expenses: $1,538,333
Contributions and grants received: $1,748,960
Grants paid: $913,314
Program service revenue: $0
Investment income: $26,511
Other revenue: $101,367
Total assets, end of year: $2,649,941
Total liabilities, end of year: $1,420,930
Net assets or fund balances, end of year: $1,229,011
Program services expenses (Part IX): $1,050,210
Management and general expenses: $89,065
Fundraising expenses: $399,058
Program service expenses (Part III): $1,050,210

Program services were 68.3% 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.

1e · Government grants (contributions)

$323,600
1f · All other contributions, gifts and grants

$1,425,360
3 · Investment income

total $26,511 · excluded $26,511
9a · Gaming: gross income

$18,060
9b · Gaming: direct expenses

$68,000
9c · Net income from gaming

total -$49,940 · excluded -$49,940
10a · Gross sales of inventory

$785,941
10b · Cost of goods sold

$634,634
10c · Net income from sales of inventory

total $151,307 · related or exempt $151,307

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $913,314 · program services $913,314
5 · Compensation of officers, directors and key employees

total $17,806 · program services $3,561 · management and general $10,684 · fundraising $3,561
7 · Other salaries and wages

total $22,639 · program services $22,639
10 · Payroll taxes

total $3,807 · program services $2,679 · management and general $819 · fundraising $309
11c · Fees: accounting

total $46,454 · management and general $46,454
11g · Fees: other

total $339,111 · fundraising $339,111
12 · Advertising and promotion

total $59,030 · program services $51,266 · fundraising $7,764
13 · Office expenses

total $19,457 · management and general $19,457
14 · Information technology

total $13,667 · program services $2,901 · management and general $2,301 · fundraising $8,465
16 · Occupancy

total $37,200 · program services $27,900 · management and general $9,300
17 · Travel

total $50,505 · program services $20,202 · fundraising $30,303
19 · Conferences, conventions and meetings

total $5,467 · program services $5,417 · management and general $50
23 · Insurance

total $331 · program services $331
24a · Other expenses: EVENTS

total $9,545 · fundraising $9,545

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $764,999 · end of year $2,551,604
3 · Pledges and grants receivable

beginning of year $61,580 · end of year $28,000
4 · Accounts receivable

beginning of year $6,229 · end of year $67,545
9 · Prepaid expenses and deferred charges

beginning of year $68,973 · end of year $2,792
17 · Accounts payable and accrued expenses

beginning of year $11,276 · end of year $126,530
19 · Deferred revenue

end of year $1,294,400
27 · Net assets without donor restrictions

beginning of year $492,744 · end of year $694,200
28 · Net assets with donor restrictions

beginning of year $397,761 · end of year $534,811

Mission and programs · 2023

Mission

THE STRIDER EDUCATION FOUNDATION'S MISSION THROUGH THE ALL KIDS BIKE PROGRAM IS TO TEACH EVERY CHILD IN AMERICA HOW TO RIDE A BIKE IN KINDERGARTEN PE CLASS. AS A RESULT OF TEACHING CHILDREN HOW TO RIDE A BIKE IN SCHOOL, WE'RE PROMOTING PHYSICAL ACTIVITY, IMPROVED MENTAL WELL-BEING, AND INCREASED CONFIDENCE. OUR CURRICULUM DEVELOPS ESSENTIAL LIFE SKILLS LIKE BALANCE, COORDINATION, AND INDEPENDENCE, FOSTERING A LOVE FOR PHYSICAL ACTIVITY FROM AN EARLY AGE. THERE ARE MANY STATISTICS, SUCH AS THE INCREASING PREVALENCE OF DIGITAL DEVICE USE AND CHILDHOOD OBESITY RATES, THAT UNDERLINE THE IMPORTANCE OF INITIATIVES LIKE ALL KIDS BIKE.

Activities or mission (Part I)

THE STRIDER EDUCATION FOUNDATION'S MISSION THROUGH THE ALL KIDS BIKE PROGRAM IS TO TEACH EVERY CHILD IN AMERICA HOW TO RIDE A BIKE IN KINDERGARTEN PE CLASS. OUR INITIATIVE PROVIDES CHILDREN THE OPPORTUNITY TO LEARN HOW TO RIDE A BIKE, A SKILL THAT FOSTERS INDEPENDENCE, CONFIDENCE, AND FITNESS. OFTEN, WE ASSUME THAT LEARNING TO RIDE A BIKE IS A CHILDHOOD RITE OF PASSAGE. THE REALITY IS THIS IS NOT NECESSARILY A SKILL BEING TAUGHT AT HOME, WHETHER IT BE FAMILY FINANCIAL DIFFICULTIES, LACK OF TIME, LACK OF SPACE, OR ANY OTHER REASON. HAVING INSTRUCTION AND EQUIPMENT AT THE SCHOOLS HAS PROVEN TO BE A SUCCESSFUL SOLUTION.

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 SCHOOLS ACROSS THE NATION WITH DONATIONS, GRANTS, AND PARTNERSHIPS FROM INDIVIDUALS, BUSINESSES, AND ORGANIZATIONS. THE FOUNDATION WAS ORGANIZED AND RECEIVED THEIR 501(C)(3) STATUS IN MARCH 2017. 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 SUCCESSFUL LEARN-TO-RIDE BIKE CURRICULUM IN A SCHOOL PE CLASS, AND WE DELIVERED 126 PROGRAMS. IN 2021, WE DELIVERED 184 PROGRAMS. 2022 WAS A PIVOTAL YEAR FOR US WHERE WE DELIVERED 380 PROGRAMS. 2023 WE HAD AN INCREASE IN DONATIONS AND WILL WORK ON DELIVERING PROGRAMS TO EVERY ELEMENTARY SCHOOL IN ONE STATE. PROGRAMS DELIVERED WERE 326 IN 2023. THE STRIDER EDUCATION FOUNDATION HAS DELIVERED OVER 1100 PROGRAMS IN ALL 50 STATES WHICH IMPACTS OVER 120,000 STUDENTS ON AN ANNUAL BASIS AND OVER 1.2 MILLION THROUGHOUT THE 10-YEAR LIFESPAN OF THE PROGRAM.

Expenses $1,050,210 · Grants $913,314 · Revenue $151,308

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Lisa WeyerLISA WEYER

EXECUTIVE DI

Total calculated

$17,806

From this org

$17,806

From related orgs

$0

Other

$0

Hours/week

40
Jack LynassJACK LYNASS

PRESIDENT

Total calculated

$0

Hours/week

0.25
Rod WoodruffROD WOODRUFF

VICE PRESIDE

Total calculated

$0

Hours/week

0.25
Ryan McFarlandRYAN MCFARLAND

SECRETARY/TR

Total calculated

$0

Hours/week

0.25
Rene CreedRENE CREED

BOARD MEMBER

Total calculated

$0

Hours/week

0.25
Brian KlockBRIAN KLOCK

BOARD MEMBER

Total calculated

$0

Hours/week

0.25

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

BISMARCK PUBLIC SCHOOLS

$66,495

LEARN RIDE PROGRAM
LAUSD

$59,205

LEARN RIDE PROGRAM
MINOT PUBLIC SCHOOLS

$56,265

LEARN RIDE PROGRAM
SEATTLE PUBLIC SCHOOLS

$56,265

LEARN RIDE PROGRAM
CABOT PUBLIC SCHOOL DISTRICT

$38,835

LEARN RIDE PROGRAM
DICKINSON PUBLIC SCHOOLS

$30,690

LEARN RIDE PROGRAM
VISTA UNIFIED SCHOOL DISTRICT

$23,725

LEARN RIDE PROGRAM
CHARLOTTE MECHLENBURG SCHOOL DISTRI

$20,950

LEARN RIDE PROGRAM
BENTONVILLE SCHOOL DISTRICT

$20,460

LEARN RIDE PROGRAM
NORTH MONTGOMERY SCHOOL CORPORATION

$15,345

LEARN RIDE PROGRAM

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type: form_990
Tax year: 2023
Filed: 10 June 2024
IRS schema version: 2023v5.0
Source object: 202431629349301528

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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