Overview
What is Burlington Bicycle Project Corp?
Burlington Bicycle Project Corp, operating under the name Old Spokes Home, is a nonprofit organization situated in Burlington, Vermont. Their primary mission is to foster community and opportunities by providing affordable, reliable transportation to individuals with limited financial resources through the use of refurbished bicycles and related services. The project accepts donated bicycles, which are then restored by volunteer mechanics and professionals, before being offered at subsidized rates to those in need. The organization's reach extends beyond their physical location, with a mobile bicycle repair unit that travels to the communities where their customers live and work. Old Spokes Home also offers educational opportunities for high school students, allowing them to develop mechanical, problem-solving, and customer service skills.
Official website here: www.oldspokeshome.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Burlington Bicycle Project Corp has achieved a commendable 96% rating from Charity Navigator, reflecting strong accountability and financial health. This high rating is based entirely on a single beacon score, demonstrating that the organization excels in transparency and responsible financial management.
The nonprofit boasts a fully independent board, with all 9 members free from any conflicts of interest. This commitment to governance is further underscored by its comprehensive policies regarding conflict of interest, whistleblower protections, and document retention. The organization also demonstrates strong financial ratios, with 87.74% of its expenses dedicated to program services, indicating effective use of donations.
While the data highlights several strengths, it is important to remain aware of the broader context in which the organization operates. No limitations were noted in the feedback, suggesting that Burlington Bicycle Project Corp maintains a solid reputation in fulfilling its mission and managing its resources efficiently.
This AI summary has been generated from information found on Charity Navigator.
Is Burlington Bicycle Project Corp legitimate?
Burlington Bicycle Project Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Burlington Bicycle Project Corp 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: $71,508
Professional Fundraising Fees: $0
Other Salaries and Wages: $415,717
For more financial information, click here
Official website here: www.oldspokeshome.com
What is the mission statement of Burlington Bicycle Project Corp?
Burlington Bicycle Project Corp's mission is centered around building community and creating opportunities for individuals, achieved through providing access to bicycles. This is accomplished through the Everybody Bikes program, which offers used bicycles, parts, and services at subsidized rates to low-income individuals. These refurbished bicycles serve as an affordable, reliable, and active mode of transportation for individuals with limited financial resources. The program is primarily referred to individuals in need by various agencies across the area, including those in low-wage employment, recovering from addiction, dealing with homelessness, and adjusting to life in the United States. The organization also operates a mobile bicycle repair unit, fixing bikes at the customers' locations. Furthermore, Burlington Bicycle Project Corp offers high school students volunteer, internship, and work experiences to develop mechanical, problem-solving, and customer service skills.
Official website here: www.oldspokeshome.com
Who is the CEO of Burlington Bicycle Project Corp?
Jon Copans is the Executive Di of Burlington Bicycle Project Corp.
Official website here: www.oldspokeshome.com
What is the revenue of Burlington Bicycle Project Corp?
Burlington Bicycle Project Corp's revenue in 2022 was $638,787.
Official website here: www.oldspokeshome.com
Who are the executives of Burlington Bicycle Project Corp and what are their salaries?
The average compensation at Burlington Bicycle Project Corp during 2022 was $18,739. There are 26 employees and 100 volunteers at Burlington Bicycle Project Corp.
Here are 13 key members and their salaries:
- Compensation: $71,508
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Official website here: www.oldspokeshome.com
Where can I find the form 990 for Burlington Bicycle Project Corp?
Burlington Bicycle Project Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oldspokeshome.com
Learn more at the official website: www.oldspokeshome.com
Mission Statement of Burlington Bicycle Project Corp
Burlington Bicycle Project Corp, a nonprofit organization, is dedicated to fostering community and creating opportunities through the provision of bicycles. Its mission, in essence, revolves around making bicycles and related services accessible to individuals with limited financial resources. The organization's Everybody Bikes program is a key component of this mission, offering used bicycles, bicycle parts, repairs, and cycling gear at highly subsidized rates.
To execute this mission, Burlington Bicycle Project Corp relies on a team of volunteers and professional mechanics who refurbish donated bicycles, ensuring they are in good condition before being made available for affordable and reliable transportation. The organization's customer base primarily consists of individuals referred by various agencies that work with Vermonters in low-wage employment, recovery from addiction, homelessness, and those adjusting to life in the United States.
In addition to its main program, Burlington Bicycle Project Corp operates a mobile bicycle repair unit that repairs bikes at customers' locations and workplaces, further extending its reach and accessibility. The organization also provides high school students with volunteer, internship, and work experiences, allowing them to develop mechanical, problem-solving, and customer service skills. These initiatives not only empower individuals but also contribute to building a stronger, more interconnected community.
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Impact
July, 2024
Burlington Bicycle Project Corp's impact can be seen through their Everybody Bikes program, which provides used bicycles, bicycle parts, services, and gear to low-income Vermonters at a highly subsidized rate. This initiative offers affordable and reliable transportation options to those with limited financial resources, helping them access essential services and opportunities. By refurbishing donated bikes through volunteers and professional mechanics, the organization not only addresses transportation challenges but also promotes sustainability by recycling and reusing materials.
Furthermore, the organization's collaboration with agencies across Chittenden County demonstrates a commitment to supporting individuals in low-wage employment, recovering from addiction, experiencing homelessness, and adjusting to life in the United States. The inclusion of a mobile bicycle repair unit ensures that services are accessible to customers in various settings, further increasing the reach and impact of the program.
Additionally, Burlington Bicycle Project Corp's engagement with high school students through volunteer, internship, and work experiences not only nurtures valuable skills in mechanical work, problem-solving, and customer service but also fosters a sense of community and collaboration among diverse members of society. Through these initiatives, the organization plays a vital role in promoting social inclusion, economic empowerment, and environmental sustainability within the Burlington community.
This information is meant to be a general summary of Burlington Bicycle Project Corp. 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: $300
- Program Service Revenue: $5,408
- Gross Receipts: $948,837
Assets and Liabilities:
- Total Assets: $1,325,704
- Total Liabilities: $73,688
- Net Assets: $1,252,016
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$5,408
Organization Details
Founding Year
2014
Phone
(802) 863-4475Principal Officer
Jon Copans
Main Address
331 N WINOOSKI AVE, BURLINGTON, VT, 05401
Website
www.oldspokeshome.comNTEE Category
Code: P20 - Human services
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