Overview
What is Bikes Not Bombs Inc?
Bikes Not Bombs Inc, located at 284 Amory Street Building K, Jamaica Plain, MA 02130, is a nonprofit organization that uses bicycles as a tool for social change. They collect and reclaim thousands of bicycles annually, transforming them into a vital source of funding through their vocational training and bike shop. This program employs many of their program graduates, and the profits from bike sales, parts sales, and repairs sustain their international and youth programs. The bike shop provides free and low-cost workshops on bicycle maintenance and repair, as well as an 80-hour vocational training program for young apprentices, contributing to skill development and job opportunities. With a staff of 53 individuals, Bikes Not Bombs Inc promotes sustainable transportation and empowers its community members through various local and global initiatives.
Official website here: www.bikesnotbombs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Stars
Bikes Not Bombs Inc has achieved a high rating of 91%, reflecting strong accountability and financial practices along with a commitment to community engagement. With a notable 83% score in Accountability & Finance and an impressive 98% in Culture & Community, this organization demonstrates effective governance and a high level of independence among its board members, all of whom are independent. The organization excels in various metrics, such as having a program expense ratio of 75.87%, indicating that a significant portion of its funding directly supports its mission.
The charity has been recognized for its transparency and sound financial management, as evidenced by perfect scores in areas such as conflict of interest policies and the availability of financial statements. Its feedback mechanisms are robust, with perfect scores for feedback collection and use, showcasing its responsiveness to constituents and commitment to improvement. The lack of any loans to officers further enhances its financial integrity.
While specific scores were not available for Leadership & Adaptability, the existing data suggests that Bikes Not Bombs maintains a solid structure to support its operations and mission. Overall, the organization is well-regarded for its effective management and positive community impact, making it a strong choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Bikes Not Bombs Inc legitimate?
Bikes Not Bombs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bikes Not Bombs Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,103,117
For more financial information, click here
Official website here: www.bikesnotbombs.org
What is the mission statement of Bikes Not Bombs Inc?
Bikes Not Bombs Inc uses bicycles as a tool for social change. The organization collects thousands of bicycles annually and employs them to establish both local and global programs. These initiatives focus on providing skill development, job opportunities, and sustainable transportation. The vocational training and bike shop program within Bikes Not Bombs reconditions and sells some of the donated bicycles, employing graduates from its programs. The profits generated from bike sales, parts sales, and repairs contribute to funding the organization's youth and international projects. Additionally, the bike shop offers free and low-cost workshops on bicycle maintenance and repair, as well as an 80-hour vocational training program for young apprentices.
Official website here: www.bikesnotbombs.org
What is the revenue of Bikes Not Bombs Inc?
Bikes Not Bombs Inc's revenue in 2023 was $3,840,352.
Official website here: www.bikesnotbombs.org
Who are the executives of Bikes Not Bombs Inc and what are their salaries?
The average compensation at Bikes Not Bombs Inc during 2023 was $26,963. There are 78 employees and 450 volunteers at Bikes Not Bombs Inc.
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Official website here: www.bikesnotbombs.org
Where can I find the form 990 for Bikes Not Bombs Inc?
Bikes Not Bombs Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bikesnotbombs.org
Learn more at the official website: www.bikesnotbombs.org
Mission Statement of Bikes Not Bombs Inc
Bikes Not Bombs Inc, a nonprofit organization, employs the bicycle as a tool for social transformation. Each year, they reclaim thousands of bicycles and utilize them to establish both local and international programs. These initiatives focus on skill development, job creation, and sustainable transportation. By doing so, Bikes Not Bombs Inc contributes to societal change in a unique and impactful manner.
One of their key programs is the Vocational Training/Bike Shop. This initiative, located within the organization, reconditions and sells a portion of the donated bicycles. The revenue generated from bicycle sales, parts sales, and repairs supports the organization's youth and international work. The bike shop additionally offers free and low-cost workshops on bicycle maintenance and repair, as well as an 80-hour vocational training program for young apprentices. This program not only provides valuable skills but also serves as a reliable and sustainable source of earned income for the organization.
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Impact
July, 2024
Bikes Not Bombs Inc's impact is significant as it uses the bicycle as a vehicle for social change. The organization reclaims thousands of bicycles each year and creates local and global programs that provide skill development, jobs, and sustainable transportation. Through its vocational training/bike shop program, Bikes Not Bombs empowers individuals by reconditioning and selling donated bikes, employing many program graduates. The shop's profits from bicycle sales, parts sales, and repairs fund the organization's youth and international work, serving as a reliable and sustainable source of earned income. Additionally, the bike shop offers free and low-cost workshops on bicycle maintenance and repair, along with a vocational training program for young apprentices.
This information is meant to be a general summary of Bikes Not Bombs Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $656,989
- Gross Receipts: $3,840,352
Assets and Liabilities:
- Total Assets: $1,547,530
- Total Liabilities: $125,625
- Net Assets: $1,421,905
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BIKE SHOP
Revenue
$620,515
PROGRAN FEES
Revenue
$36,474
Organization Details
Founding Year
1992
Principal Officer
Lee Archung
Website
www.bikesnotbombs.orgNTEE Category
Code: Z99Z - Unknown
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