Overview
What is Cycle Kids Inc?
Cycle Kids Inc, located at 955 Massachusetts Ave Suite 322, Cambridge, MA 02139, is a nonprofit organization dedicated to promoting an active and healthy lifestyle among children. Their mission is to combat the challenges of under-activity and obesity prevalent among today's youth by engaging them in cycling activities. They achieve this through a curriculum that teaches bicycle skills and safety within physical education classes for 4th to 6th graders. The organization generates revenue through royalty payments, which are classified as program revenue. Cycle Kids Inc employs a small team of two individuals, fully committed to making a difference in children's lives through their innovative approach to health and wellness.
Official website here: www.cyclekids.org
What are the reviews and ratings of this charity?
100% rating from Charity Navigator, Cycle Kids Inc has achieved a prestigious Four-Star out of Four Star rating, indicating exceptional performance in accountability and finance. This score reflects the organization’s commitment to transparency and effective financial management, essential qualities for building donor trust and ensuring the sustainability of their programs.
One of the notable strengths of Cycle Kids Inc is its governance structure, with 91% of board members being independent, further enhancing its accountability. The organization has demonstrated robust financial oversight with a well-functioning Audit and Oversight Committee and no reported material diversion of assets, which is crucial for maintaining the integrity of donor funds.
In terms of program expenses, Cycle Kids Inc allocates over 72% of its budget directly to programs, signifying a strong focus on mission-driven activities. Transparency is further evidenced by their comprehensive policies on conflict of interest, whistleblowing, and document retention, all of which are listed on their website. Overall, Cycle Kids Inc stands out as a well-managed nonprofit with a strong commitment to its mission and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Cycle Kids Inc legitimate?
Cycle Kids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cycle Kids 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: $306,041
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,754
For more financial information, click here
Official website here: www.cyclekids.org
What is the mission statement of Cycle Kids Inc?
Cycle Kids Inc's mission is centered around promoting physical activity among under-active and often overweight children, aiming to address their health and emotional issues. The organization achieves this by teaching a bicycle skills and safety curriculum as part of physical education classes for fourth to sixth graders. The mission of Cycle Kids Inc is to engage children in a beneficial activity, fostering a healthier lifestyle for them.
Official website here: www.cyclekids.org
Who is the CEO of Cycle Kids Inc?
Julianne Idlet is the Ceo of Cycle Kids Inc. The CEO's salary of Cycle Kids Inc is $177,788 and their total compensation is $332,943.
Official website here: www.cyclekids.org
What is the revenue of Cycle Kids Inc?
Cycle Kids Inc's revenue in 2023 was $1,074,506.
Official website here: www.cyclekids.org
Who are the executives of Cycle Kids Inc and what are their salaries?
The average compensation at Cycle Kids Inc during 2023 was $188,898. There are 2 employees at Cycle Kids Inc.
Here are 12 key members and their salaries (Cycle Kids Inc's CEO's salary is $177,788 and their total compensation is $332,943):
- Compensation: $177,788
- Related: $0
- Other: $155,155
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Official website here: www.cyclekids.org
Where can I find the form 990 for Cycle Kids Inc?
Cycle Kids Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cyclekids.org
Learn more at the official website: www.cyclekids.org
Mission Statement of Cycle Kids Inc
Cycle Kids Inc is a nonprofit organization dedicated to addressing the health and emotional issues facing today's under-active and often overweight children. Their mission is to encourage these children to engage in physical activity by getting them on bicycles. By teaching a curriculum that combines healthy lifestyle, bicycle skills, and safety, Cycle Kids Inc aims to provide a fun and engaging way for children in fourth to sixth grades to improve their physical well-being. The organization generates revenue through royalty payments, which are classified as program revenue on their financial reports.
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Impact
August, 2024
Cycle Kids Inc's impact can be seen in its mission to get children on bicycles and engage them in physical activity. By implementing a curriculum focused on healthy lifestyles, bicycle skills, and safety, Cycle Kids is effectively addressing the health and emotional challenges that many children face today. This proactive approach not only promotes physical activity but also instills important life skills in young individuals. Through their program, Cycle Kids is making a tangible difference in the lives of under-active and often overweight children, helping them develop healthier habits and a positive outlook on physical fitness.
This information is meant to be a general summary of Cycle Kids 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.
- Investment Income: $46,760
- Program Service Revenue: $9,999
- Gross Receipts: $1,096,691
Assets and Liabilities:
- Total Assets: $1,921,233
- Total Liabilities: $161,124
- Net Assets: $1,760,109
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$9,999
Organization Details
Founding Year
2004
Phone
(617) 661-0908Principal Officer
Julianne Idlet
Main Address
955 MASSACHUSETTS AVE SUITE 322, CAMBRIDGE, MA, 02139
Website
www.cyclekids.orgNTEE Category
Code: N30 - Recreation
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