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Biking For A Better World Inc

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

EIN: 383732935 ✦ Olympic valley, CA ✦ Designated as a 501(c)(3)

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Overview

What is Biking For A Better World Inc?

Biking For A Better World Inc, based in Olympic Valley, California, is a nonprofit organization with a mission to spread the joy of cycling in their region. They achieve this by fostering national and international amateur sports competitions through various initiatives. These include fundraising, providing instruction on cycling, promoting the sport, building community bike parks and trails, hosting amateur bike races, and organizing youth activities. Notably, the organization supports the Truckee Bike Park with features like a pump track and dirt jumps, which enhance bike handling skills. Funds raised through Biking For A Better World help maintain and expand these facilities.


Official website here: www.bikingforabetterworld.org

Is Biking For A Better World Inc legitimate?

Biking For A Better World Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Biking For A Better 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: $18,589
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bikingforabetterworld.org

What is the mission statement of Biking For A Better World Inc?

Biking For A Better World Inc's mission is centered around promoting the joy of cycling on a national and international level. They achieve this by fostering amateur sports competition, which includes fundraising, providing instruction on the sport of cycling, and promoting it. Additionally, they build community bike parks and trails, host amateur bike races, and engage in youth activities. Their primary objective is to cultivate a love for cycling and encourage competition among amateurs.


Official website here: www.bikingforabetterworld.org

Who is the CEO of Biking For A Better World Inc?

Jake Spero is the President of Biking For A Better World Inc.


Official website here: www.bikingforabetterworld.org

What is the revenue of Biking For A Better World Inc?

Biking For A Better World Inc's revenue in 2022 was $337,468.


Official website here: www.bikingforabetterworld.org

Who are the executives of Biking For A Better World Inc and what are their salaries?

There 2 volunteers at Biking For A Better World Inc.


Here are 3 key members and their salaries:


Jake Spero (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Barkman (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Zacha Herthel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bikingforabetterworld.org

Where can I find the form 990 for Biking For A Better World Inc?

Biking For A Better World Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bikingforabetterworld.org

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

Mission Statement of Biking For A Better World Inc

Biking For A Better World Inc is committed to spreading the joy of cycling in their region. Their mission is multifaceted and includes fostering national and international amateur sports competition. To achieve this, they engage in various activities such as fundraising, offering instruction and promoting the sport of cycling, constructing community bike parks and trails, organizing amateur bike races, and promoting youth activities. By doing so, Biking For A Better World Inc aims to bring people together through the shared passion for cycling, fostering a sense of community and camaraderie.

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Impact




October, 2024

Biking For A Better World Inc significantly enhances the biking community and local infrastructure in the Olympic Valley, CA area. By fostering a love for biking, the organization encourages participation in both national and international amateur sports competitions.

Their initiatives include the development and maintenance of community bike parks and trails, such as the Truckee Bike Park, which features a pump track and dirt jumps aimed at improving biking skills for all ages. Through their events, they not only create competitive opportunities but also provide essential instruction on biking techniques, ensuring that cyclists—especially youth—gain the confidence and skills necessary for the sport.

The organization actively hosts amateur bike races and engages local youth in biking activities, cultivating a spirit of camaraderie and promoting a healthy, active lifestyle. By raising funds for park enhancements and maintenance, Biking For A Better World Inc lays the groundwork for a sustainable biking culture that benefits individuals, families, and the broader community.




This information is meant to be a general summary of Biking For A Better 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.

Revenue
$337,468 (2022)
Expenses
$238,592 (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: $162,629
  • Gross Receipts: $357,312

Assets and Liabilities:

  • Total Assets: $555,781
  • Total Liabilities: $34,914
  • Net Assets: $520,867

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Programs

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

BIKE PARK

Revenue

$126,299

NEXT LEVEL COACHING

Revenue

$36,330

Organization Details

Founding Year

2006

Principal Officer

Jake Spero

Main Address

PO BOX 3614, OLYMPIC VALLEY, CA, 96146

NTEE Category

Code: Q12 - International

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