Overview
What is Madison Freewheel Bicycle Co?
Madison Freewheel Bicycle Co is a community-focused bicycle shop situated in Madison. Their primary activities include conducting build-a-bike and repair classes, providing an affordable Open Shop where tools can be utilized for bike maintenance, and promoting cycling engagement among local residents. The shop aims to make bicycle repairs more accessible and affordable, fostering an inclusive cycling culture in the community.
Official website here: www.freewheelbikes.org
Is Madison Freewheel Bicycle Co legitimate?
Madison Freewheel Bicycle Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Freewheel Bicycle Co 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.freewheelbikes.org
What is the mission statement of Madison Freewheel Bicycle Co?
Madison Freewheel Bicycle Co, as a bike shop, is committed to providing educational opportunities and affordable resources for cyclists. They offer build-a-bike and repair classes, empowering individuals to maintain their own bicycles. Furthermore, the shop provides accessible Open Shop tool usage for bike maintenance at an affordable price, promoting self-reliance and cost-effectiveness among cyclists.
Official website here: www.freewheelbikes.org
What is the revenue of Madison Freewheel Bicycle Co?
Madison Freewheel Bicycle Co's revenue in 2024 was $50,659.
Official website here: www.freewheelbikes.org
Who are the executives of Madison Freewheel Bicycle Co and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.freewheelbikes.org
Where can I find the form 990EZ for Madison Freewheel Bicycle Co?
Madison Freewheel Bicycle Co's most recent form 990EZ was submitted in 2024 and can be accessed here.
Official website here: www.freewheelbikes.org
Learn more at the official website: www.freewheelbikes.org
Mission Statement of Madison Freewheel Bicycle Co
Madison Freewheel Bicycle Co, a bike shop situated in an unspecified location, dedicates its mission towards promoting cycling and bike maintenance. The organization offers a unique learning opportunity through build-a-bike classes, enabling individuals to construct their own bicycles. Additionally, the shop provides repair classes, equipping individuals with the necessary skills to maintain their bikes independently. Furthermore, Madison Freewheel Bicycle Co offers affordable Open Shop tool usage, allowing cyclists to utilize professional tools and resources for their bicycle maintenance needs. This approach not only encourages self-sufficiency but also fosters a deeper appreciation and understanding of bicycles.
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Impact
October, 2024
Madison Freewheel Bicycle Co has a significant impact on the local community by promoting self-sufficiency and sustainability through cycling. By offering build-a-bike and repair classes, they empower individuals to learn essential skills that enable them to maintain and repair their bicycles. This not only fosters a sense of independence but also encourages more people to cycle, contributing to healthier lifestyles and reduced reliance on motor vehicles.
The affordable Open Shop tool usage provides an accessible resource for bike maintenance, breaking down barriers for those who may not own tools or have the knowledge to perform repairs. This facility encourages a hands-on approach to bike upkeep, fostering a culture of community sharing and support. Through these initiatives, Madison Freewheel cultivates a connected and engaged community, enhancing both individual and collective well-being while promoting sustainable transportation solutions.
This information is meant to be a general summary of Madison Freewheel Bicycle Co. 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.
- Gross Receipts: $50,741
Assets and Liabilities:
- Total Assets: $8,871
- Total Liabilities: $57,937
- Net Assets: -$49,066
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Organization Details
Principal Officer
Brel Hutton-Okpalaeke
Website
www.freewheelbikes.orgNTEE Category
Code: S80 - Community improvement
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