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Worcester Earn A Bike Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203185694 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

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Overview

What is Worcester Earn A Bike Inc?

Worcester Earn A Bike Inc is a nonprofit organization dedicated to empowering community youth through bicycle repair education. Located in Worcester, the organization operates a shop where young individuals can learn essential bicycle repair skills and safety techniques. By contributing to the shop and sharing their knowledge, these youth have the chance to earn a bike as a reward. Additionally, some donated bikes are sold, and the organization recycles unused bikes and parts within the community or as scrap, whenever possible. Due to the COVID-19 pandemic, most of their activities in 2020 were conducted at remote locations, and they continued to teach bicycle maintenance through community programs.


Official website here: www.worcesterearnabike.org

What do the Facebook reviews say about Worcester Earn A Bike Inc?

90% of reviewers on Facebook recommend Worcester Earn A Bike Inc. Here is a summary of their reviews:

There is a strong appreciation for the organization, with many praising the dedication of its staff and the positive impact it has on the community. One reviewer highlighted the importance of such initiatives for youth in the city, indicating a desire for more programs like this.

Overall, it seems that Worcester Earn A Bike Inc has successfully engaged with local youth and their families, receiving recognition for its efforts to provide valuable programs and support in the community.


This AI summary has been generated from reviews found on Facebook.

Is Worcester Earn A Bike Inc legitimate?

Worcester Earn A Bike Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worcester Earn A Bike Inc submitted a form 990EZ, 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: $0

For more financial information, click here


Official website here: www.worcesterearnabike.org

What is the mission statement of Worcester Earn A Bike Inc?

Worcester Earn A Bike Inc's mission is centered around educating community youth in bicycle repair skills and safety. The organization provides an opportunity for the youth to earn a bicycle by contributing to the shop and imparting their knowledge while learning. Donated bikes are also sold, and the remnants are recycled back into the community or used as scrap when appropriate. Due to the COVID-19 pandemic, most of their work in 2020 was conducted at remote locations. They also run a community program that focuses on teaching bicycle maintenance.


Official website here: www.worcesterearnabike.org

What is the revenue of Worcester Earn A Bike Inc?

Worcester Earn A Bike Inc's revenue in 2024 was $47,165.


Official website here: www.worcesterearnabike.org

Who are the executives of Worcester Earn A Bike Inc and what are their salaries?

Here are 11 key members and their salaries:


Carmen Negron (President Until 1/9/2025)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frankie Franco (Vice President Joined In 2024)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim L Mccoy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Gugel (Clerk (Grant-Writer Joined Board In 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Monteverd (Executive Director Until 12/31/2024)
  • Compensation: $5,275
  • Related: $0
  • Other: $0
Miyabi Armstrong (Assistand Treasurer Joined In 2024)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacie Brimmage (Director Until 1/9/2025, Then President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Lewis (Director In 2024, Executive Director 2025)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Rivera (Director Joined In 2024)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Marien (Director Resigned In 2024)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliot Rivera (Director Resigned In 2024)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.worcesterearnabike.org

Where can I find the form 990EZ for Worcester Earn A Bike Inc?

Worcester Earn A Bike Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.worcesterearnabike.org

Learn more at the official website: www.worcesterearnabike.org

Mission Statement of Worcester Earn A Bike Inc

Worcester Earn A Bike Inc is an organization that embarks on a mission to educate community youth about bicycle repair and safety. By participating in the workshop, these young individuals have the chance to gain valuable skills and earn a bicycle as a reward for their efforts. The organization also recycles donated bikes and parts, either selling them or distributing them within the community or as scrap, depending on feasibility. During the year 2020, much of the work carried out by Worcester Earn A Bike Inc was conducted at remote locations due to the COVID-19 pandemic. In addition, the organization conducted community programs focusing on teaching bicycle maintenance skills.

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Impact




August, 2024

Worcester Earn A Bike Inc has a significant impact on the community by teaching bicycle repair skills and safety to local youth. By providing opportunities for young individuals to earn a bike through their participation in the shop and teaching programs, Worcester Earn A Bike Inc not only promotes physical activity but also fosters a sense of responsibility and ownership. Additionally, the organization's practice of recycling donated bikes and parts back into the community or as scrap ensures sustainability and environmental benefit. This initiative not only benefits the participants directly but also contributes to building a more resilient and environmentally conscious community in Worcester, MA.




This information is meant to be a general summary of Worcester Earn A Bike 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.

Revenue
$47,165 (2024)
Expenses
$34,717 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $49,147

Assets and Liabilities:

  • Total Assets: $37,021
  • Total Liabilities: $1,263
  • Net Assets: $35,758

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Organization Details

Principal Officer

Kim L Mccoy

NTEE Category

Code: N99 - Recreation

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