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Nonprofiteer
← FREE BIKES 4 KIDZ MARYLAND INC

Form 990 for tax year 2022

Filed by FREE BIKES 4 KIDZ MARYLAND INC.

Totals

Total revenue
$380,158
Total expenses
$367,466
Contributions and grants received
$380,158
Grants paid
$296,700
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$143,676
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$143,676
Program services expenses (Part IX)
$363,978
Management and general expenses
$3,488
Fundraising expenses
$0
Program service expenses (Part III)
$363,978

Program services were 99.1% 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)

    $30,490

  • 1f · All other contributions, gifts and grants

    $349,668

  • 1g · Noncash contributions included above

    $300,273

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $296,700 · program services $296,700

  • 11c · Fees: accounting

    total $1,000 · management and general $1,000

  • 11g · Fees: other

    total $989 · program services $950 · management and general $39

  • 12 · Advertising and promotion

    total $1,660 · program services $1,660

  • 13 · Office expenses

    total $163 · management and general $163

  • 14 · Information technology

    total $8,684 · program services $8,684

  • 16 · Occupancy

    total $1,409 · program services $1,409

  • 23 · Insurance

    total $2,286 · management and general $2,286

  • 24a · Other expenses: SCRAPPED BIKES

    total $18,302 · program services $18,302

  • 24b · Other expenses: BIKE REFURBISHING TOOLS

    total $14,062 · program services $14,062

  • 24c · Other expenses: BIKE REPAIR PARTS

    total $10,368 · program services $10,368

  • 24d · Other expenses: WORKSITE/BIKE SUPPLIES

    total $6,773 · program services $6,773

  • 24e · All other expenses

    total $5,070 · program services $5,070

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,952 · end of year $28,580

  • 15 · Other assets

    beginning of year $121,032 · end of year $115,096

  • 27 · Net assets without donor restrictions

    beginning of year $130,984 · end of year $143,676

Mission and programs · 2022

Mission

FREE BIKES 4 KIDZ IS GEARED TOWARD HELPING KIDS RIDE INTO A HAPPIER, HEALTHIER CHILDHOOD BY PROVIDING BIKES TO THOSE MOST IN NEED. WE COLLECT BIKES DONATED BY THE PUBLIC, ORGANIZE VOLUNTEERS TO CLEAN AND REFURBISH THEM, AND THEN GIVE THEM AWAY TO CHILDREN IN NEED, IDENTIFIED BY PARTNERING SCHOOLS, GOVERNMENT SOCIAL SERVICES ORGANIZATIONS, AND OTHER NONPROFITS. WE ALSO ENCOURAGE SAFE RIDING AND SPONSOR FREE BIKE REPAIR CLINICS.

Activities or mission (Part I)

COLLECT, REFURBISH, AND GIVE AWAY BICYCLES AND NEW HELMETS TO UNDERSERVED CHILDREN AND SUPPORT PROGRAMS THAT ENCOURAGE THOSE CHILDREN TO RIDE BICYCLES; ALSO PROVIDE FREE BIKE REPAIR CLINICS.

  • COLLECT, REFURBISH, AND GIVE AWAY BICYCLES WITH NEW HELMETS TO UNDER-SERVED CHILDREN.

    Expenses $363,978 · Grants $296,700

  • PROVIDED FREE BICYCLE REPAIR CLINICS. THIS PROGRAM SERVICE WAS DRIVEN BY PANDEMIC-RELATED SHORTAGES AND THE INABILITY OF BICYCLE REPAIR SHOPS TO KEEP UP WITH DEMAND. WE CONDUCTED SEVERAL FREE 3-HOUR BIKE REPAIR SESSIONS.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Edward Cochran

    PRESIDENT

    Total calculated
    $0
    Hours/week
    25

  • Elizabeth Shultz

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    4

  • Christopher Tsien

    SECRETARY/TR

    Total calculated
    $0
    Hours/week
    2

  • Tom Lewis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Marc Tolson

    DIRECTOR

    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
2022
Filed
23 August 2023
IRS schema version
2022v5.0
Source object
202342369349301619

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

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