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Globalbike Inc

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

EIN: 208387372 ✦ Spartanburg, SC ✦ Designated as a 501(c)(3)

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Overview

What is Globalbike Inc?

Globalbike Inc, situated in Spartanburg, SC, is a nonprofit organization dedicated to uplifting communities through the power of bicycles. Their mission primarily focuses on providing bikes to caregivers, empowering them with mobility and independence. Globalbike Connect, one of their initiatives, fosters cultural exchange by organizing bicycle trips around Mount Kilimanjaro, engaging both local and American travelers. Furthermore, Globalbike extends its philanthropic efforts by supplying locally sourced bicycles to organizations in Tanzania and South Africa. These organizations work tirelessly to improve the lives of women, girls, and the environment. Overall, Globalbike's mission is centered around using bicycles as a tool to enhance accessibility, promote cultural exchange, and contribute to community development.


Official website here: www.globalbike.org

Is Globalbike Inc legitimate?

Globalbike Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Globalbike 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: $133,138

For more financial information, click here


Official website here: www.globalbike.org

What is the mission statement of Globalbike Inc?

Globalbike Inc's mission revolves around providing bicycles to caregivers. The organization carries out this mission by offering Globalbike Connect, an initiative that promotes cultural exchange through shared bicycle trips around Mount Kilimanjaro, involving both local and American travelers. Beyond this, Globalbike is engaged in bike philanthropy, supplying locally sourced bicycles to organizations in Tanzania and South Africa. These organizations work towards improving the lives of women, girls, and the environment. Globalbike's mission aligns with enhancing communities through the power of bicycles.


Official website here: www.globalbike.org

Who is the CEO of Globalbike Inc?

Calvin Pennington is the Treasurer of Globalbike Inc.


Official website here: www.globalbike.org

What is the revenue of Globalbike Inc?

Globalbike Inc's revenue in 2022 was $293,446.


Official website here: www.globalbike.org

Who are the executives of Globalbike Inc and what are their salaries?

The average compensation at Globalbike Inc during 2022 was $133,138. There is 1 employee at Globalbike Inc.


Here are 3 key members and their salaries:


Calvin Pennington (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Crowther (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Boucher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.globalbike.org

Where can I find the form 990 for Globalbike Inc?

Globalbike Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.globalbike.org

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

Mission Statement of Globalbike Inc

Globalbike, as a nonprofit organization, is committed to fulfilling a unique mission. Their primary objective is to provide bicycles to caregivers. Beyond this, Globalbike also engages in activities that foster cultural exchange. They organize bicycle trips around Mount Kilimanjaro, inviting both local and American travelers to participate. This initiative not only promotes camaraderie but also offers a platform for cross-cultural learning.

In addition to cultural exchange, Globalbike is involved in bike philanthropy. They partner with organizations in Tanzania and South Africa, supplying locally sourced bicycles. These partner organizations are dedicated to enhancing the lives of women, girls, and the environment. By providing bicycles, Globalbike helps these organizations extend their reach and services, thereby contributing positively to their communities. This aspect of Globalbike's mission aligns with its broader objective of supporting caregivers, as access to transportation can greatly impact a caregiver's ability to fulfill their responsibilities effectively.

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Impact




October, 2024

Globalbike Inc has made a significant impact by enhancing mobility and fostering cultural exchange in underserved communities. By providing bicycles to caregivers, the organization empowers individuals in Tanzania and South Africa, facilitating access to healthcare and education. This initiative not only improves the lives of women and girls but also promotes environmental sustainability through the use of locally sourced bicycles.

Furthermore, Globalbike Connect enriches cross-cultural understanding by offering biking trips around Mount Kilimanjaro, bringing together local and American travelers. These experiences foster meaningful connections and raise awareness about the challenges faced in these regions. Through these efforts, Globalbike contributes to improved health outcomes and community development while also cultivating a more empathetic global community.




This information is meant to be a general summary of Globalbike 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
$293,446 (2022)
Expenses
$266,779 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $293,446

Assets and Liabilities:

  • Total Assets: $53,878
  • Total Liabilities: $0
  • Net Assets: $53,878

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Organization Details

Founding Year

2005

Principal Officer

Calvin Pennington

Main Address

1855 E MAIN ST SUITE 14 RM 202, SPARTANBURG, SC, 29307

NTEE Category

Code: E60 - Health

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