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Bike Hut Foundation

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

EIN: 260097396 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Bike Hut Foundation?

The Bike Hut Foundation is a non-profit organization that specializes in empowering individuals with learning disabilities and at-risk youth by teaching them bicycle mechanics, repair, and safety skills. This vocational training is complemented by job opportunities within the organization. Beyond job training, the foundation encourages cycling by offering affordable bike rentals, repairs, and sales of bicycles and accessories. The mission of the Bike Hut Foundation is to foster a sense of community and promote cycling as a sustainable and accessible mode of transportation.


Official website here: www.thebikehut.org

Is Bike Hut Foundation legitimate?

Bike Hut Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bike Hut Foundation 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.


Official website here: www.thebikehut.org

What is the mission statement of Bike Hut Foundation?

The Bike Hut Foundation, a non-profit organization, is dedicated to empowering individuals with learning disabilities and at-risk youth by teaching them bicycle mechanics, repair, and safety skills. The foundation also offers job training opportunities. Beyond this, the organization promotes bicycling through affordable bike rentals, repairs, and sales of bicycles and accessories. By doing so, the Bike Hut Foundation aims to make cycling accessible to a broader community.


Official website here: www.thebikehut.org

Who is the CEO of Bike Hut Foundation?

Michael Klett is the Executive Director of Bike Hut Foundation.


Official website here: www.thebikehut.org

What is the revenue of Bike Hut Foundation?

Bike Hut Foundation's revenue in 2022 was $89,497.


Official website here: www.thebikehut.org

Who are the executives of Bike Hut Foundation and what are their salaries?


Here are 6 key members and their salaries:


James Swanson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Klett (Executive Director)
  • Compensation: $42,093
  • Related: $0
  • Other: $0
Nicole Mcmorrow (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Hoskins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Winston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Winter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thebikehut.org

Where can I find the form 990EZ for Bike Hut Foundation?

Bike Hut Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.thebikehut.org

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

Mission Statement of Bike Hut Foundation

The Bike Hut Foundation, a charitable organization, is dedicated to empowering individuals with learning disabilities and at-risk youth by teaching them bicycle mechanics, repair, and safety, and providing them with job training opportunities. Beyond this, the foundation encourages cycling by offering affordable rentals, repairs, and sales of bicycles and accessories. By doing so, the Bike Hut Foundation not only fosters a love for cycling but also equips its trainees with valuable skills and employment prospects, thereby contributing positively to their lives and the community at large.

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Impact




June, 2024

The Bike Hut Foundation's impact is evident in the positive transformation it brings to individuals with learning disabilities and at-risk youth. Through its bicycle mechanics training programs, repair services, and job training opportunities, the foundation empowers these individuals to acquire valuable skills and work experience. Furthermore, by promoting bicycling through low-cost rentals, repairs, and sales of bicycles and accessories, the foundation contributes to a more sustainable and environmentally-friendly mode of transportation in the city of San Francisco, CA.




This information is meant to be a general summary of Bike Hut Foundation. 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
$89,497 (2022)
Expenses
$87,473 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $36,500
  • Gross Receipts: $98,043

Assets and Liabilities:

  • Total Assets: $24,871
  • Total Liabilities: $0
  • Net Assets: $24,871

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Organization Details

Principal Officer

Michael Klett

Main Address

40 Pier Suite 15, San Francisco, CA, 94107

NTEE Category

Code: C30 - Environment

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