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Friends Of Momentum Bike Clubs

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

EIN: 471777235 ✦ Greenville, SC ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Momentum Bike Clubs?

Friends of Momentum Bike Clubs (FOMBC) is a nonprofit organization situated in Greenville, South Carolina. Their primary mission is to support Momentum Bike Clubs (MBC), an initiative under Clemson University. FOMBC provides financial backing and raises awareness for MBC, focusing on developing mentoring relationships with youth from underprivileged communities. They accomplish this through bicycling, utilizing it as a platform for positive growth. FOMBC funds the necessary bicycles and pays teacher stipends, enabling them to participate in bike clubs established within under-served local schools. Over 200 youth and 50 teacher mentors have been involved in these middle school bike clubs in the community.


Official website here: www.momentumbikeclubs.org

What do the Facebook reviews say about Friends Of Momentum Bike Clubs?

So far, Friends Of Momentum Bike Clubs have received a couple of reviews on Facebook, both of which highlight their efforts positively. Although the organization is yet to receive an official rating, the feedback indicates strong support among its members.

The reviews emphasize the group's dedication to their mission, with one user stating that it is a "great group" doing "great work." This sentiment suggests that participants feel engaged and valued within the organization, reflecting a sense of community and purpose.

Overall, there appears to be a promising start for Friends Of Momentum Bike Clubs, with the community recognizing and appreciating the nonprofit's contributions and impact.


This AI summary has been generated from reviews found on Facebook.

Is Friends Of Momentum Bike Clubs legitimate?

Friends Of Momentum Bike Clubs is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Momentum Bike Clubs 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.momentumbikeclubs.org

What is the mission statement of Friends Of Momentum Bike Clubs?

Friends of Momentum Bike Clubs (FOMBC) supports Momentum Bike Clubs (MBC), a program of Clemson University, by providing financial assistance and raising awareness. MBC establishes mentoring relationships with youth from under-served communities, using bicycling as a platform to promote positive development. FOMBC contributes by providing bicycles and paying teacher stipends to participate in middle school bike clubs. The youth involved in these clubs are primarily selected based on teacher recommendations. Approximately 200 youth and 50 teacher mentors participate in various middle school bike clubs in the local community.


Official website here: www.momentumbikeclubs.org

Who is the CEO of Friends Of Momentum Bike Clubs?

Justin Meade is the Chair of Friends Of Momentum Bike Clubs.


Official website here: www.momentumbikeclubs.org

What is the revenue of Friends Of Momentum Bike Clubs?

Friends Of Momentum Bike Clubs's revenue in 2022 was $347,405.


Official website here: www.momentumbikeclubs.org

Who are the executives of Friends Of Momentum Bike Clubs and what are their salaries?


Here are 10 key members and their salaries:


Anna Cass (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Gilstrap (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Hairston (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Meade (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tavaghn Monts (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Moss (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerardo Naundorf (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Reindrop (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Sullivan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Turnbull (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.momentumbikeclubs.org

Where can I find the form 990 for Friends Of Momentum Bike Clubs?

Friends Of Momentum Bike Clubs's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.momentumbikeclubs.org

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

Mission Statement of Friends Of Momentum Bike Clubs

Friends of Momentum Bike Clubs (FOMBC) supports Momentum Bike Clubs (MBC), a program of Clemson University. FOMBC's mission is to provide financial assistance and raise awareness for MBC, which in turn creates mentoring relationships with youth from under-served communities, promoting positive development through bicycling as the platform. By sponsoring the necessary bicycles and paying teacher stipends, FOMBC enables the operation of bike clubs within under-resourced schools in the local community. Additionally, approximately 200 youth and 50 teacher mentors participated in various middle school bike clubs, thanks to FOMBC's support.

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Impact




October, 2024

Friends of Momentum Bike Clubs has made significant strides in enhancing youth development in underserved communities through its support of the Momentum Bike Clubs (MBC) program. By providing bicycles and financial backing for teacher stipends, they facilitate enriching bike programs within middle schools, allowing students to engage in mentorship relationships with their teachers.

This initiative has involved approximately 200 youth and 50 mentors, fostering a sense of community while promoting physical health and personal growth through cycling. The program emphasizes positive development, leveraging biking as a platform for building skills, confidence, and connections among participants. The inclusion of teacher recommendations for youth selection ensures that those who might benefit most from this mentorship experience are given the opportunity to participate, thus directly impacting their lives and encouraging their development in a supportive environment.




This information is meant to be a general summary of Friends Of Momentum Bike Clubs. 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
$347,405 (2022)
Expenses
$315,499 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20
  • Gross Receipts: $347,405

Assets and Liabilities:

  • Total Assets: $294,889
  • Total Liabilities: $0
  • Net Assets: $294,889

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Organization Details

Founding Year

2014

Principal Officer

Justin Meade

Main Address

PO BOX 16191, GREENVILLE, SC, 29606

NTEE Category

Code: O23 - Youth development

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