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Second Life Bikes Inc

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

EIN: 273484801 ✦ Asbury park, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Second Life Bikes Inc?

Second Life Bikes Inc, located in Asbury Park, New Jersey, is a vibrant community center focused on biking. Its primary objective is to foster a biking culture, particularly among youth, in the local area. The organization achieves this by utilizing proceeds from a community bike shop to support an earn-a-bike program. This program offers youth aged 12-18 the opportunity to acquire valuable job and life skills while earning a bicycle. Second Life Bikes Inc collaborates with schools and community organizations to expand its reach and impact. The earn-a-bike program is just one aspect of this nonprofit's mission, which also includes connecting people, building skills, hosting group bike rides, promoting bike safety, and encouraging the repurposing of old bikes and bike parts. The organization aims to encourage more people, especially youth, to cycle more frequently, thereby reducing waste and promoting sustainability.


Official website here: www.secondlifebikes.org

Is Second Life Bikes Inc legitimate?

Second Life Bikes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Second Life Bikes 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: $97,076

For more financial information, click here


Official website here: www.secondlifebikes.org

What is the mission statement of Second Life Bikes Inc?

Second Life Bikes Inc, as a biking community center, aims to encourage more people, particularly youth, to ride bikes more frequently. They achieve this by providing a platform for individuals to connect, build skills, join group rides, learn bike safety, and create bike art and custom designs. Additionally, the organization encourages the repurposing of old bikes and bike parts, rather than disposing of them, fostering a sustainable approach to biking.


Official website here: www.secondlifebikes.org

Who is the CEO of Second Life Bikes Inc?

Kerri Martin is the President of Second Life Bikes Inc.


Official website here: www.secondlifebikes.org

What is the revenue of Second Life Bikes Inc?

Second Life Bikes Inc's revenue in 2022 was $421,046.


Official website here: www.secondlifebikes.org

Who are the executives of Second Life Bikes Inc and what are their salaries?

The average compensation at Second Life Bikes Inc during 2022 was $32,359. There are 3 employees and 100 volunteers at Second Life Bikes Inc.


Here are 4 key members and their salaries:


Jennifer Crews (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerri Martin (Vice Preside)
  • Compensation: $57,750
  • Related: $0
  • Other: $0
Roger Boyce (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mcevily (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.secondlifebikes.org

Where can I find the form 990 for Second Life Bikes Inc?

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


Official website here: www.secondlifebikes.org

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

Mission Statement of Second Life Bikes Inc

Second Life Bikes Inc, a biking community center, aims to foster connections among people and encourage bike usage, particularly among youth. Located in an unspecified location, this organization provides a platform for individuals to build skills, participate in group bike rides, learn bike safety, and create custom bike art and designs. The mission of Second Life Bikes Inc is twofold: firstly, it seeks to increase the frequency of bike rides among people, with a special focus on young individuals. Secondly, the organization promotes the repurposing of old bikes and bike parts, discouraging the discard of these items. Through its initiatives, Second Life Bikes Inc encourages a sustainable and inclusive biking community.

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Impact




October, 2024

Second Life Bikes Inc. has a significant impact on the Asbury Park community by fostering a vibrant biking culture that encourages connectivity, creativity, and skill development among its members. By providing a community center focused on biking, it creates an inclusive space where individuals can engage in group rides, learn essential bike safety, and participate in bike-related art projects. This initiative particularly targets youth, offering them opportunities to gain valuable job and life skills through the Earn-A-Bike program, which rewards hard work with bicycles, instilling a sense of accomplishment and responsibility.

Furthermore, Second Life Bikes promotes environmental sustainability by encouraging the repurposing of old bikes and bike parts, helping to reduce waste while instilling a culture of creativity and innovation. Through partnerships with local schools and organizations, the impact extends beyond biking, as it nurtures community ties and empowers the youth of Asbury Park to become active, engaged citizens. The organization effectively contributes to the overall health and vitality of the community, making biking not only a mode of transportation but a means of personal and communal growth.




This information is meant to be a general summary of Second Life Bikes 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
$421,046 (2022)
Expenses
$427,029 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8
  • Program Service Revenue: $212,409
  • Gross Receipts: $421,046

Assets and Liabilities:

  • Total Assets: $310,993
  • Total Liabilities: $55,336
  • Net Assets: $255,657

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$212,409

Organization Details

Founding Year

2010

Principal Officer

Kerri Martin

Main Address

21 MAIN ST, ASBURY PARK, NJ, 07712

NTEE Category

Code: O50 - Youth development

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