Overview
What is Bikes For The World Inc?
Bikes For The World Inc is a United States-based nonprofit organization, committed to humanitarian efforts. They run as a volunteer network, gathering vast quantities of pre-owned bicycles, along with associated parts and tools. The collected items are then transported to community programs in developing nations, contributing to their overall development. The organization's mission is centered around enhancing the livelihoods of individuals in these countries by providing them with a means of transportation, thereby fostering mobility and self-sufficiency.
Official website here: www.bikesfortheworld.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98%, Four-Star out of Four Star rating
Bikes For The World Inc has achieved a remarkable rating of 98%, indicating a high level of accountability and financial management. The organization boasts a perfect score of 100 for its accountability and finance metrics, with a strong emphasis on independent governance, as demonstrated by its 90% independent board members. This level of transparency and oversight reflects the organization’s commitment to responsible stewardship of its resources.
In addition to its financial strengths, Bikes For The World Inc excels in its engagement with constituents, scoring 100% across various feedback metrics. This indicates that the organization actively collects and utilizes feedback to improve its programs and services, highlighting a strong responsiveness to the needs of those it serves. The program expense ratio of 93.80% further emphasizes its dedication to channeling resources directly into its mission.
While there are strengths in equity strategies, the organization received an 81 out of 100 in this area, suggesting there may be room for improvement in its equity policies and processes. Overall, the nonprofit demonstrates a robust operational framework with a focus on community impact, although it may benefit from enhancing its equity initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Bikes For The World Inc?
100% of 13 reviewers on Facebook recommend Bikes For The World Inc. Here is a summary of their reviews:
Supporters express enthusiasm for the organization, highlighting the commitment of volunteer coordinators like Yvette, who fosters a welcoming and engaging atmosphere for all volunteers. Participants appreciate the hands-on nature of the work, noting that it allows them to feel accomplished and directly connected to the positive impact their efforts have on individuals in need.
The positive sentiment is reinforced by excitement about the various ways to contribute—whether through volunteering, donating bikes, or providing financial support. Overall, the organization is praised for creating meaningful experiences that truly resonate with its volunteers and beneficiaries.
This AI summary has been generated from reviews found on Facebook.
Is Bikes For The World Inc legitimate?
Bikes For The World Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bikes For The World 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: $75,981
Professional Fundraising Fees: $0
Other Salaries and Wages: $125,462
For more financial information, click here
Official website here: www.bikesfortheworld.org
What is the mission statement of Bikes For The World Inc?
Bikes For The World Inc, as a nonprofit humanitarian organization, collects a substantial number of used bicycles, alongside bike parts and tools. Their mission lies in delivering these resources to community programs situated in developing countries. By doing so, they aim to contribute positively to the lives of individuals residing in these areas, providing them with a means of transportation. This organization operates through a volunteer network, working tirelessly to make a difference in underprivileged communities.
Official website here: www.bikesfortheworld.org
Who is the CEO of Bikes For The World Inc?
Taylor Jones is the Executive Director of Bikes For The World Inc.
Official website here: www.bikesfortheworld.org
What is the revenue of Bikes For The World Inc?
Bikes For The World Inc's revenue in 2023 was $1,490,178.
Official website here: www.bikesfortheworld.org
Who are the executives of Bikes For The World Inc and what are their salaries?
The average compensation at Bikes For The World Inc during 2023 was $50,361. There are 4 employees and 1781 volunteers at Bikes For The World Inc.
Here are 11 key members and their salaries:
- Compensation: $75,981
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Official website here: www.bikesfortheworld.org
Where can I find the form 990 for Bikes For The World Inc?
Bikes For The World Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bikesfortheworld.org
Learn more at the official website: www.bikesfortheworld.org
Mission Statement of Bikes For The World Inc
Bikes For The World Inc is a compassionate humanitarian organization based in the United States. Its primary mission is to gather a vast number of used bicycles, along with bike parts and tools, from various sources. This nonprofit then distributes these resources to community programs situated in developing nations. By doing so, Bikes For The World Inc aims to contribute positively to the lives of people in these countries, enhancing their mobility and access to essential services. This organization operates as a volunteer network, leveraging the power of collective efforts to make a significant impact in less privileged communities.
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Impact
October, 2024
Bikes For The World Inc has a significant impact by collecting thousands of used bicycles, bike parts, and tools, and delivering them to community programs in developing countries. This initiative not only promotes transportation access but also encourages sustainable practices by repurposing bicycles that would otherwise be discarded. In receiving these bikes, communities benefit from increased mobility, which can enhance access to education, employment, and healthcare. Furthermore, the program fosters social responsibility and volunteerism, engaging individuals in the US to contribute to a global cause. Overall, Bikes For The World Inc plays a critical role in improving lives and promoting environmental sustainability on an international scale.
This information is meant to be a general summary of Bikes For The World 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $10
- Program Service Revenue: $209,760
- Gross Receipts: $1,521,936
Assets and Liabilities:
- Total Assets: $575,902
- Total Liabilities: $270,147
- Net Assets: $305,755
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Shipping Revenue
Revenue
$209,760
Organization Details
Founding Year
2011
Principal Officer
Taylor Jones
Main Address
11720 Parklawn Dr, Rockville, MD, 20852
Website
www.bikesfortheworld.orgNTEE Category
Code: P99 - Human services
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