Overview
What is Front Yard Bikes?
Front Yard Bikes is a nonprofit organization based in Baton Rouge, Louisiana. Located at 4385 Government Street, they specialize in educating individuals about bicycle mechanics by facilitating the construction and repair of bicycles. With a team of 17 dedicated employees, they provide a hands-on learning experience, fostering both practical skills and a passion for cycling. Their mission is to promote bike repair and maintenance, likely contributing to a more sustainable and self-reliant community.
Official website here: www.frontyardbikes.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
Front Yard Bikes has received a score of 54% from Charity Navigator, resulting in a One-Star rating. This indicates significant concerns regarding the charity's accountability and financial practices. While the organization boasts 100% independent board members and a good program expense ratio of 72.78%, it lacks critical financial documentation, such as financial statements, which negatively impacts its overall score.
The organization shows strengths in its governance structure, highlighted by a fully independent board and proper documentation of board meeting minutes. However, it falls short in several areas, including the absence of crucial policies like conflict of interest and whistleblower protections. Additionally, the liabilities to assets ratio at 70.84% raises concerns about the charity's financial health and sustainability.
Overall, while Front Yard Bikes is making a positive impact through its programs, there are significant areas needing improvement in accountability and financial transparency that potential donors should consider. The lack of essential financial documents and policies may hinder trust and confidence in the organization's operations.
This AI summary has been generated from information found on Charity Navigator.
Is Front Yard Bikes legitimate?
Front Yard Bikes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Front Yard Bikes 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: $59,999
Professional Fundraising Fees: $0
Other Salaries and Wages: $209,620
For more financial information, click here
Official website here: www.frontyardbikes.com
What is the mission statement of Front Yard Bikes?
Front Yard Bikes' mission is focused on imparting bicycle mechanics knowledge. They achieve this by engaging in hands-on activities such as building and repairing bicycles. This approach allows individuals to gain practical skills in this field, promoting not only self-sufficiency but also an appreciation for the intricacies of bicycle mechanics. The organization's activities contribute to fostering a community of bicycle enthusiasts who are equipped with the necessary skills to maintain and repair their own bicycles.
Official website here: www.frontyardbikes.com
Who is the CEO of Front Yard Bikes?
Kim Lafont is the Principal Officer of Front Yard Bikes.
Official website here: www.frontyardbikes.com
What is the revenue of Front Yard Bikes?
Front Yard Bikes's revenue in 2022 was $622,752.
Official website here: www.frontyardbikes.com
Who are the executives of Front Yard Bikes and what are their salaries?
The average compensation at Front Yard Bikes during 2022 was $15,860. There are 17 employees at Front Yard Bikes.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $60,000
- Related: $0
- Other: $0
Official website here: www.frontyardbikes.com
Where can I find the form 990 for Front Yard Bikes?
Front Yard Bikes's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.frontyardbikes.com
Learn more at the official website: www.frontyardbikes.com
Mission Statement of Front Yard Bikes
Front Yard Bikes, a nonprofit organization, is dedicated to imparting bicycle mechanics skills by engaging in the process of building and repairing bicycles. Their mission is centered around this hands-on approach, aiming to educate individuals on the intricacies of bicycle maintenance. By participating in this activity, individuals not only learn practical skills but also gain a deeper understanding of the mechanics behind the functioning of bicycles.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Front Yard Bikes has made a significant impact in Baton Rouge, LA by teaching bicycle mechanics through the building and repair of bicycles. This hands-on approach not only equips individuals with practical skills but also promotes sustainable transportation options and fosters a sense of community. By offering these opportunities, Front Yard Bikes contributes to the well-being of its community and promotes public benefit.
This information is meant to be a general summary of Front Yard Bikes. 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: $11
- Program Service Revenue: $168,321
- Gross Receipts: $622,752
Assets and Liabilities:
- Total Assets: $820,998
- Total Liabilities: $450,575
- Net Assets: $370,423
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BICYCLE SALES
Revenue
$168,321
Organization Details
Principal Officer
Kim Lafont
Main Address
4385 GOVERNMENT STREET, BATON ROUGE, LA, 70806
Website
www.frontyardbikes.comNTEE Category
Code: W99 - Public benefit
If you are a representative of Front Yard Bikes and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.