Overview
What is Franklinton Cycleworks?
Franklinton Cycleworks is a community-driven, nonprofit bicycle shop located in Columbus, Ohio. The organization offers a unique space where individuals can repair and maintain their bikes for free, fostering a cooperative environment. Volunteer mechanics share their knowledge and experience, making the shop a place for co-learning and collaboration. The mission of Franklinton Cycleworks extends beyond bike repair; it aims to build relationships and strengthen the community. The organization also serves as a recycling center, accepting and refurbishing donated bicycles. By doing so, they minimize waste and promote sustainability, contributing to a more vibrant neighborhood. With a strong belief in the potential of every individual, Franklinton Cycleworks provides a welcoming space where everyone can learn and grow.
Official website here: www.franklintoncycleworks.org
Is Franklinton Cycleworks legitimate?
Franklinton Cycleworks is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklinton Cycleworks 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: $64,407
Professional Fundraising Fees: $0
Other Salaries and Wages: $195,649
For more financial information, click here
Official website here: www.franklintoncycleworks.org
What is the mission statement of Franklinton Cycleworks?
Franklinton Cycleworks operates as a community bicycle shop, distinguishing itself from traditional bike shops. Its primary focus is not profit but fostering relationships and community building. The workshop space, tools, and stands are freely accessible to anyone seeking to work on their bike, with volunteer mechanics offering their expertise and knowledge. The shop encourages collaboration and learning, welcoming individuals from all walks of life. Beyond repair, Franklinton Cycleworks acts as a recycling center, accepting all bicycle-related donations, regardless of their condition. It refurbishes and reuses what it can and minimizes waste by recycling whatever is no longer usable. The ultimate goal is to cultivate more connected, empowered individuals and a more vibrant community.
Official website here: www.franklintoncycleworks.org
What is the revenue of Franklinton Cycleworks?
Franklinton Cycleworks's revenue in 2024 was $555,367.
Official website here: www.franklintoncycleworks.org
Who are the executives of Franklinton Cycleworks and what are their salaries?
The average compensation at Franklinton Cycleworks during 2024 was $21,671. There are 12 employees and 34 volunteers at Franklinton Cycleworks.
Here are 10 key members and their salaries:
- Compensation: $64,407
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Official website here: www.franklintoncycleworks.org
Where can I find the form 990 for Franklinton Cycleworks?
Franklinton Cycleworks's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.franklintoncycleworks.org
Learn more at the official website: www.franklintoncycleworks.org
Mission Statement of Franklinton Cycleworks
Franklinton Cycleworks, a community bicycle shop, operates with a unique vision. Unlike traditional bike shops, its primary focus is not profit but rather fostering relationships and community engagement. The shop provides free access to its space, stands, and tools for anyone interested in repairing their bicycles. Volunteer mechanics are always available to share their knowledge and expertise, making Franklinton Cycleworks a hub for co-working and co-learning. The organization believes that everyone has something to teach and something to learn, ensuring that no one is excluded.
By encouraging collaboration and mutual learning, Franklinton Cycleworks aims to empower individuals and create a more vibrant neighborhood. It serves as a venue where people from different backgrounds come together, sharing their experiences and skills. Furthermore, Franklinton Cycleworks also functions as a recycling center, accepting all types of bicycle-related donations, regardless of their condition. The team refurbishes and re-purposes what they can, and responsibly recycles anything that is no longer usable, minimizing waste to the greatest extent possible.
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Impact
October, 2024
Franklinton Cycleworks fosters a vibrant community by transforming the traditional bicycle shop model into a collaborative space for learning, sharing, and building relationships. It provides a welcoming environment where individuals can access tools and knowledge for bike repair at no cost, promoting both empowerment and connectivity among residents. This cooperative approach not only encourages participants to work on their bicycles but also facilitates the exchange of skills and experiences, helping to cultivate a spirit of togetherness.
In addition to serving as a hub for bicycle maintenance, Franklinton Cycleworks acts as a recycling center, accepting bicycle-related donations of all conditions. The initiative refurbishes and repurposes bikes and parts, minimizing waste and promoting sustainability. This commitment to recycling reinforces the community’s values of resourcefulness and environmental stewardship.
By prioritizing community engagement, skill-building, and sustainability, Franklinton Cycleworks plays a significant role in enhancing the quality of life in Franklinton, creating a more connected and resilient neighborhood.
This information is meant to be a general summary of Franklinton Cycleworks. 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 2024.
- Investment Income: $310
- Program Service Revenue: $397,508
- Gross Receipts: $555,367
Assets and Liabilities:
- Total Assets: $711,236
- Total Liabilities: $428,924
- Net Assets: $282,312
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BIKE & ACCESSORIES SAL
Revenue
$320,179
YOUTH & ADULT BIKE PRO
Revenue
$42,391
BIKE VALET SERVICE
Revenue
$34,938
Organization Details
Founding Year
2010
Principal Officer
Jonathan Youngman
NTEE Category
Code: T30 - Philanthropy
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