Overview
What is St Louis Bicycle Works Inc?
St. Louis Bicycle Works Inc, situated at 241 Menard Street, Saint Louis, Missouri, is a nonprofit organization dedicated to making a positive impact on local youth. Their primary program, Earn A Bike, offers children an opportunity to learn about bicycle safety and maintenance, fostering independence and teamwork. Upon completion, these kids receive a free bike, helmet, light, and lock. The organization also operates a bike shop, where refurbished bicycles are sold, with proceeds supporting their programs. In 2022, 266 children graduated from the Earn A Bike class, and over 3,000 bicycles were recycled. Their mission is to inspire young individuals to pursue their dreams, care for their environment, and explore new possibilities through experiential learning, utilizing bicycles, computers, and books. With a team of 9 dedicated employees, St. Louis Bicycle Works Inc is committed to empowering local youth and promoting sustainability in the community.
Official website here: www.bworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star Rating.
St. Louis Bicycle Works Inc has been evaluated with a 73% rating, indicating a moderate level of accountability and financial health. The organization excels in governance with 100% of its board members being independent and a solid financial liabilities to assets ratio of 5.14%. However, it has significant weaknesses in its financial reporting, as it has not provided financial statements, and lacks key policies such as conflict of interest, whistleblower, and document retention policies.
User reviews from platforms like Great Nonprofits highlight the positive impact of St. Louis Bicycle Works on the community, particularly its youth programs that focus on bicycles and technology. Volunteers and clients alike commend the organization for its supportive environment and dedication to fostering essential life skills among young people. This positive feedback showcases the organization's effectiveness in fulfilling its mission.
Despite the strong community feedback and effective program expense ratio of 76.09%, the lack of certain accountability practices may raise concerns for potential donors. Overall, while St. Louis Bicycle Works demonstrates significant strengths in community impact and governance, addressing the noted limitations could enhance its credibility and transparency.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is St Louis Bicycle Works Inc legitimate?
St Louis Bicycle Works Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Louis Bicycle Works 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: $91,777
Professional Fundraising Fees: $0
Other Salaries and Wages: $161,532
For more financial information, click here
Official website here: www.bworks.org
What is the mission statement of St Louis Bicycle Works Inc?
St. Louis Bicycle Works Inc's mission is centered around inspiring youth, encouraging them to pursue their dreams, care for their environment, and explore new opportunities. This is achieved through experiential learning, providing young individuals with essential skills and character development using resources such as bicycles, computers, and books. The organization's flagship program, Earn A Bike, empowers children by teaching them about bicycle safety and maintenance. Upon completion of the program, they earn a free bike, helmet, light, and lock, fostering a sense of independence and teamwork. Additionally, St. Louis Bicycle Works operates a bike shop, where refurbished bikes are sold, generating funds to support the organization's educational programs. In 2022, 266 youth graduated from the Earn A Bike class, and over 3,000 bicycles were recycled.
Official website here: www.bworks.org
Who is the CEO of St Louis Bicycle Works Inc?
Patrick Van Der Tuin is the Executive Director of St Louis Bicycle Works Inc.
Official website here: www.bworks.org
What is the revenue of St Louis Bicycle Works Inc?
St Louis Bicycle Works Inc's revenue in 2022 was $613,828.
Official website here: www.bworks.org
Who are the executives of St Louis Bicycle Works Inc and what are their salaries?
The average compensation at St Louis Bicycle Works Inc during 2022 was $28,145. There are 9 employees and 50 volunteers at St Louis Bicycle Works Inc.
Here are 11 key members and their salaries:
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Official website here: www.bworks.org
Where can I find the form 990 for St Louis Bicycle Works Inc?
St Louis Bicycle Works Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bworks.org
Learn more at the official website: www.bworks.org
Mission Statement of St Louis Bicycle Works Inc
St. Louis Bicycle Works Inc is dedicated to inspiring youth by providing them with opportunities for personal growth and exploration. This is accomplished through experiential learning, utilizing bicycles, computers, and books as tools. The organization's mission is to foster dreams, encourage environmental responsibility, and expand horizons in young individuals. They achieve this by offering skills and character development programs.
In practice, St. Louis Bicycle Works Inc offers an Earn A Bike program, where children learn about bicycle safety and maintenance from volunteers. This program encourages problem-solving skills, both individually and in groups. Upon completion, graduates are rewarded with a free bicycle, helmet, light, and lock. The organization also operates a bike shop, where refurbished bicycles are sold to the public. The earnings from this shop are used to fund St. Louis Bicycle Works Inc's programs, contributing to its mission of inspiring and educating youth. In 2022, 266 students graduated from the Earn A Bike class, and over 3,000 bicycles were recycled, demonstrating the impact of this mission in action.
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Impact
July, 2024
St. Louis Bicycle Works Inc's impact is profound, as it inspires youth to pursue their dreams, care for the world around them, and explore new possibilities through experiential learning. By providing youth with skills and character training using bicycles, computers, and books, the organization not only equips young individuals with valuable knowledge but also instills in them the importance of independence, teamwork, problem-solving, and safety.
One of the key programs offered by St. Louis Bicycle Works is "Earn A Bike," which gives kids the opportunity to earn a free bike after learning about bicycle safety and maintenance from volunteers. This program not only teaches practical skills but also promotes collaboration and achievement. Each year, numerous kids graduate from the program, earning their own bike, helmet, light, and lock, empowering them with a sense of accomplishment and ownership.
Furthermore, St. Louis Bicycle Works actively recycles bicycles, refurbishing them in their bike shop where anyone can purchase a fully restored bike. The proceeds from these sales directly benefit the organization's programs, ensuring sustainability and ongoing support for youth development initiatives.
In 2022 alone, St. Louis Bicycle Works saw 266 kids graduate from the Earn A Bike class, and over 3,000 bicycles were recycled, underlining the significant impact the organization has on the community. By promoting education, empowerment, and environmental consciousness, St. Louis Bicycle Works is making a positive difference in the lives of young individuals and the broader community of SAINT LOUIS, MO.
This information is meant to be a general summary of St Louis Bicycle Works 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 2022.
- Investment Income: $5,419
- Program Service Revenue: $6,714
- Gross Receipts: $942,264
Assets and Liabilities:
- Total Assets: $1,123,466
- Total Liabilities: $57,787
- Net Assets: $1,065,679
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Recycling
Revenue
$6,214
Class Tuition and Fees
Revenue
$500
Organization Details
Founding Year
1999
Principal Officer
Patrick Van Der Tuin
Main Address
2414 Menard Street, Saint Louis, MO, 63104
Website
www.bworks.orgNTEE Category
Code: O50 - Youth development
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