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The Spokes Group Inc

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

EIN: 450562248 ✦ Matthews, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Spokes Group Inc?

The Spokes Group Inc, a nonprofit organization, dedicates its efforts to uplifting underprivileged children during the holiday season. They accomplish this by procuring new bicycles and helmets, meticulously assembling them, and then donating these gifts to charitable organizations. Their primary objective is to bring joy and mobility to children who might otherwise not have the opportunity. The Salvation Army serves as their principal partner, a relationship that resulted in the distribution of approximately 1500 bicycles last year.


Official website here: www.thespokesgroup.com

Is The Spokes Group Inc legitimate?

The Spokes Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Spokes Group Inc submitted a form 990EZ, 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thespokesgroup.com

What is the mission statement of The Spokes Group Inc?

The Spokes Group Inc's mission is centered around providing bicycles and helmets as gifts to underprivileged children during the holiday season. They accomplish this by purchasing new bicycles and helmets, assembling them, and donating them to charitable organizations. Their primary charity partner is the Salvation Army, with whom they donated around 1500 bicycles last year. The organization's mission is driven by the goal of bringing joy and mobility to children who may otherwise not have the opportunity to own a bicycle.


Official website here: www.thespokesgroup.com

What is the revenue of The Spokes Group Inc?

The Spokes Group Inc's revenue in 2024 was $159,060.


Official website here: www.thespokesgroup.com

Who are the executives of The Spokes Group Inc and what are their salaries?

Here are 3 key members and their salaries:


Will Beard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Dunn (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Goodgame (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thespokesgroup.com

Where can I find the form 990EZ for The Spokes Group Inc?

The Spokes Group Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.thespokesgroup.com

Learn more at the official website: www.thespokesgroup.com

Mission Statement of The Spokes Group Inc

The Spokes Group, a nonprofit organization, is dedicated to fulfilling its mission of providing bicycles and helmets for underprivileged children during the Christmas season. Through their charitable efforts, they purchase new bicycles and helmets, assemble them, and donate them to various charities. Their primary charity partner is The Salvation Army, to whom they donated approximately 1500 bicycles last year. By doing so, The Spokes Group seeks to bring joy and mobility to underprivileged children, offering them an opportunity to experience the freedom and fun that comes with owning a bicycle.

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Impact




October, 2024

The Spokes Group Inc has made a significant impact by providing new bicycles and helmets to underprivileged children during the Christmas season. By partnering with charitable organizations like The Salvation Army, they have successfully donated around 1,500 bicycles in the past year, enhancing the holiday experience for many families. Their initiative not only promotes physical activity and mobility among children but also fosters a sense of joy and community support during a vital time of year. Through their efforts, The Spokes Group is helping to bridge the gap for underprivileged children, offering them the opportunity to enjoy the simple pleasure of riding a bicycle, which can contribute to their overall well-being and happiness.




This information is meant to be a general summary of The Spokes Group 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
$159,060 (2024)
Expenses
$179,460 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $2,936
  • Gross Receipts: $159,060

Assets and Liabilities:

  • Total Assets: $125,722
  • Total Liabilities: $0
  • Net Assets: $125,722

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Organization Details

Principal Officer

Will Beard

NTEE Category

Code: P30 - Human services

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