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Nonprofiteer
← BIKES FOR THE WORLD INC

Form 990 for tax year 2024

Filed by BIKES FOR THE WORLD INC.

Totals

Total revenue
$1,552,725
Total expenses
$1,544,781
Contributions and grants received
$1,325,080
Grants paid
$976,050
Program service revenue
$187,367
Investment income
$8,666
Other revenue
$31,612
Total assets, end of year
$491,050
Total liabilities, end of year
$146,666
Net assets or fund balances, end of year
$344,384
Program services expenses (Part IX)
$1,446,357
Management and general expenses
$66,867
Fundraising expenses
$31,557
Program service expenses (Part III)
$1,446,357

Program services were 93.6% 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

    $1,325,080

  • 1g · Noncash contributions included above

    $976,050

  • 2a · Program service revenue: Shipping Revenue

    total $187,367 · related or exempt $187,367

  • 3 · Investment income

    total $8,666 · excluded $8,666

  • 8c · Net income from fundraising events

    total $0

  • 10a · Gross sales of inventory

    $31,272

  • 10c · Net income from sales of inventory

    total $31,272 · excluded $31,272

  • 11a · Other revenue: Other

    total $340 · related or exempt $340

  • 11e · Other revenue, total

    $340

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $976,050 · program services $976,050

  • 5 · Compensation of officers, directors and key employees

    total $80,594 · program services $56,416 · management and general $8,059 · fundraising $16,119

  • 7 · Other salaries and wages

    total $126,696 · program services $113,894 · management and general $8,213 · fundraising $4,589

  • 10 · Payroll taxes

    total $15,630 · program services $12,842 · management and general $1,233 · fundraising $1,555

  • 11c · Fees: accounting

    total $27,050 · management and general $27,050

  • 11g · Fees: other

    total $4,425 · management and general $4,425

  • 13 · Office expenses

    total $21,694 · program services $9,427 · management and general $8,195 · fundraising $4,072

  • 14 · Information technology

    total $5,235 · management and general $1,204 · fundraising $4,031

  • 16 · Occupancy

    total $93,413 · program services $93,413

  • 17 · Travel

    total $4,481 · program services $4,481

  • 22 · Depreciation, depletion and amortization

    total $5,180 · management and general $5,180

  • 23 · Insurance

    total $13,232 · program services $8,733 · management and general $3,308 · fundraising $1,191

  • 24a · Other expenses: Shipping

    total $171,101 · program services $171,101

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $42,166 · end of year $104,205

  • 2 · Savings and temporary cash investments

    beginning of year $20,751 · end of year $21,144

  • 4 · Accounts receivable

    beginning of year $32,716 · end of year $35,688

  • 9 · Prepaid expenses and deferred charges

    beginning of year $17,509 · end of year $11,221

  • 10a · Land, buildings and equipment: cost or other basis

    $26,938

  • 10b · Land, buildings and equipment: accumulated depreciation

    $24,416

  • 10c · Land, buildings and equipment, net

    beginning of year $7,701 · end of year $2,522

  • 11 · Investments: publicly traded securities

    beginning of year $196,000 · end of year $154,901

  • 15 · Other assets

    beginning of year $167,737 · end of year $161,369

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,416 · end of year $25,656

  • 25 · Other liabilities

    beginning of year $190,171 · end of year $121,010

  • 27 · Net assets without donor restrictions

    beginning of year $273,993 · end of year $344,384

Mission and programs · 2024

Mission

See Schedule O.

  • In 2025 Bikes for the World collected AND donated a record number of bicycles and sewing machines. It goes without saying that each one of these tools is changing lives in a multitude of ways, but we cant help but appreciate that starts right here at home with our donors, supporters, and of course volunteers. Throughout the year our Rockville warehouse stayed busy every week. Our small staff was amplified by dedicated volunteers who allowed us to process and donate a record number of bikes this year. Over 2,000 volunteers grabbed wrenches and logged over 7,000 hours- thats even more hours than our staff worked this year combined! We hosted 60 school, civic, and corporate groups in the warehouse giving them the opportunity to work with their hands, learn more about bikes, and stretch their impact to make a difference around the world. At our remote collection events we joined forces with over 50 groups. And our Thursday night volunteer nights are growing in popularity. This all means that we donated nearly 13,000 bikes in 2025 and loaded 25 containers of bikes for overseas partners.

    Expenses $1,446,357 · Grants $976,050 · Revenue $187,367

As filed on the 2024 return.

Listed in Part VII

  • Taylor Jones

    Executive Director

    Total calculated
    $80,594
    From this org
    $80,594
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Peter Bailey

    Board Member

    Total calculated
    $0
    Hours/week
    3
  • Tom McCarthy

    Board Member

    Total calculated
    $0
    Hours/week
    3
  • Joseph Leitmann

    Board Member

    Total calculated
    $0
    Hours/week
    3
  • Erika Elvander

    Board Member

    Total calculated
    $0
    Hours/week
    3
  • Caroline Hermann

    Board Member

    Total calculated
    $0
    Hours/week
    3
  • John Kowalczuk

    Board Member

    Total calculated
    $0
    Hours/week
    3
  • Steve Offutt

    Board Member

    Total calculated
    $0
    Hours/week
    3
  • Michael Carson

    Board Member

    Total calculated
    $0
    Hours/week
    3
  • Arend Kouwenaar

    Board Member

    Total calculated
    $0
    Hours/week
    3
  • Karen Hendrixson

    Chair

    Total calculated
    $0
    Hours/week
    5
  • Keith Oberg

    Executive Director Emeritus

    Total calculated
    $0
    Hours/week
    3
  • Wolfgang McGavran

    Secretary

    Total calculated
    $0
    Hours/week
    3
  • Evan McDonnell

    Treasurer

    Total calculated
    $0
    Hours/week
    3

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
2024
Filed
14 January 2026
IRS schema version
2024v5.2
Source object
202610149349301621

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