Overview
What is Hopecycle?
Hopecycle is a dedicated nonprofit organization that focuses on uplifting underprivileged children in urban elementary schools. They accomplish this mission by collecting used bicycles through fundraising drives and meticulously repairing them. The refurbished bicycles are then distributed to these children, providing them with a means of transportation and an opportunity for recreational activities. This nonprofit operates under the mantra of "RIDE, REBUILD, REPEAT," emphasizing the continuous cycle of collecting, repairing, and giving bikes to children in need.
Official website here: www.projectrecycle.org
Is Hopecycle legitimate?
Hopecycle is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopecycle 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: $65,417
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,318
For more financial information, click here
Official website here: www.projectrecycle.org
What is the mission statement of Hopecycle?
Hopecycle's mission is centered around three key activities: RIDE, REBUILD, REPEAT. Through fundraising drives, they acquire used bicycles, which are then meticulously repaired. These refurbished bicycles are then distributed to children in need, specifically in inner city elementary schools. The organization's mission is to provide these children with the opportunity to own a bicycle, thereby promoting physical activity and mobility.
Official website here: www.projectrecycle.org
Who is the CEO of Hopecycle?
Jon Buck is the Executive Director of Hopecycle.
Official website here: www.projectrecycle.org
What is the revenue of Hopecycle?
Hopecycle's revenue in 2020 was $171,484.
Official website here: www.projectrecycle.org
Who are the executives of Hopecycle and what are their salaries?
The average compensation at Hopecycle during 2020 was $37,868. There are 2 employees and 30 volunteers at Hopecycle.
Here are 3 key members and their salaries:
- Compensation: $65,417
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.projectrecycle.org
Where can I find the form 990 for Hopecycle?
Hopecycle's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.projectrecycle.org
Learn more at the official website: www.projectrecycle.org
Mission Statement of Hopecycle
Hopecycle, a nonprofit organization, operates on a mission of "RIDE, REBUILD, REPEAT." This mission revolves around collecting bicycles through fundraising drives. These contributed bicycles are then meticulously repaired and distributed to children in need, primarily at inner-city elementary schools. By providing these refurbished bicycles, Hopecycle aims to enhance the mobility and overall well-being of underprivileged children, contributing to their personal growth and development.
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Impact
October, 2024
Hopecycle has a significant impact on the community by providing bicycles to children in need at inner city elementary schools. Through its "RIDE, REBUILD, REPEAT" initiative, the organization collects bicycles via fundraising drives, repairs them, and distributes them to deserving youth, fostering not only mobility but also a sense of independence and joy.
By targeting inner city schools, Hopecycle addresses both the need for transportation and the importance of physical activity, contributing to the overall well-being of children. This initiative can help improve access to recreational opportunities, encouraging a healthier lifestyle while enhancing social inclusion.
Moreover, by involving community members in the repair and fundraising processes, Hopecycle cultivates a spirit of volunteerism and engagement, promoting social cohesion and building relationships among residents. Overall, Hopecycle's efforts are vital in empowering children, nurturing community connections, and enriching the lives of families in Englewood, Colorado.
This information is meant to be a general summary of Hopecycle. 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 2020.
- Program Service Revenue: $33,213
- Gross Receipts: $171,484
Assets and Liabilities:
- Total Assets: $293,609
- Total Liabilities: $17,237
- Net Assets: $276,372
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$33,213
Organization Details
Founding Year
2010
Principal Officer
Jon Buck
Main Address
3279 S SANTA FE DR STE C, ENGLEWOOD, CO, 80110
Website
www.projectrecycle.orgNTEE Category
Code: X90 - Religion related
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