Overview
What is Wish For Wheels Inc?
Wish For Wheels Inc, a Colorado-based nonprofit, aims to enrich the lives of second-grader students from low-income communities by providing them with new bicycles and helmets. Since its inception in 2004, this organization has made a significant impact, donating over 75,000 bicycles and helmets through Title 1 schools. These schools are selected based on their median income level, ensuring that the gift reaches those in need most. By giving away bicycles, Wish For Wheels encourages physical activity and personal growth among these children, fostering a healthier lifestyle. The nonprofit's mission is supported by numerous companies and organizations, with their volunteers contributing to over 250 elementary schools across the US. With a small team of one dedicated individual, Wish For Wheels Inc continues to make a difference in the lives of young learners.
Official website here: www.wishforwheels.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)
Wish For Wheels Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement. The organization scored 74% overall, with strong marks in Accountability and Finance at 83%. Notably, the program expense ratio is impressive at 82.79%, suggesting that a significant portion of funds is directed towards its programs.
However, the organization faces challenges in leadership and community culture, receiving very low scores of 10% and 7%, respectively. While the board comprises a majority of independent members and adheres to several financial accountability measures, the absence of essential policies such as Conflict of Interest and Whistleblower protections has raised concerns.
The nonprofit aims to create a positive impact by reaching all 2nd graders in Title I schools and fostering community through various initiatives. Despite its commendable objectives, the limitations noted in its governance and community engagement suggest areas that require focused attention for future improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Wish For Wheels Inc legitimate?
Wish For Wheels Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wish For Wheels Inc 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: $177,377
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wishforwheels.org
What is the mission statement of Wish For Wheels Inc?
Wish For Wheels is a non-profit organization that focuses on providing bicycles and helmets to children residing in low-income areas. They achieve this by donating new bicycles and helmets to second-graders in Title I schools, selected based on their median income. By giving away these bicycles, Wish For Wheels aims to enhance the lives of these children, expanding their opportunities for personal growth and promoting a healthy lifestyle. Since its establishment in 2004, the organization has gifted over 75,000 bicycles and has partnered with numerous companies and organizations to reach over 250 elementary schools across the United States. Their goal is to provide a new bicycle and helmet to every Title 1 second-grader in the country.
Official website here: www.wishforwheels.org
Who is the CEO of Wish For Wheels Inc?
Greg Greenwood is the Executive Director of Wish For Wheels Inc.
Official website here: www.wishforwheels.org
What is the revenue of Wish For Wheels Inc?
Wish For Wheels Inc's revenue in 2022 was $716,731.
Official website here: www.wishforwheels.org
Who are the executives of Wish For Wheels Inc and what are their salaries?
The average compensation at Wish For Wheels Inc during 2022 was $177,377. There is 1 employee and 511 volunteers at Wish For Wheels Inc.
Here are 12 key members and their salaries:
- Compensation: $135,000
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- Other: $15,870
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Official website here: www.wishforwheels.org
Where can I find the form 990 for Wish For Wheels Inc?
Wish For Wheels Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wishforwheels.org
Learn more at the official website: www.wishforwheels.org
Mission Statement of Wish For Wheels Inc
Wish For Wheels, a non-profit organization, is committed to making a significant impact in the lives of children residing in low-income areas. Their mission is centered around providing new bicycles and helmets to second-graders in Title I schools. This Colorado-based organization identifies eligible schools based on their median income, and through collaborations with various companies and organizations, they donate these bicycles and helmets to enhance the lives of these children.
By donating bicycles and helmets, Wish For Wheels transforms the experiences of 2nd graders from low-income communities. This gift not only broadens their horizons for personal growth but also encourages a healthy lifestyle. Since its establishment in 2004, Wish For Wheels has made an impressive impact, having gifted over 75,000 bikes and connected with over 500 companies and organizations, reaching over 250 elementary schools. This tireless effort by Wish For Wheels has undoubtedly opened up new opportunities and brought joy to countless children, fostering a positive impact on their overall well-being.
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Impact
July, 2024
Wish For Wheels Inc's impact is profound and far-reaching. By providing new bicycles and helmets to 2nd graders in Title I schools, this organization is transforming the lives of children from low-income communities. Through the gift of a new bike, Wish For Wheels is not only fostering personal growth but also promoting a healthy lifestyle among these children.
Since its establishment in 2004, Wish for Wheels has gifted over 75,000 bikes and connected more than 500 companies and organizations and their volunteers to over 250 elementary schools. The organization's goal is ambitious yet admirable - to give a new bike and helmet to every Title I second grader in the US. Wish For Wheels is making a significant impact on the lives of these children, providing them with a means of transportation, exercise, and joy.
This information is meant to be a general summary of Wish For Wheels 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $716,731
Assets and Liabilities:
- Total Assets: $569,893
- Total Liabilities: $6,118
- Net Assets: $563,775
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Organization Details
Founding Year
2004
Phone
(303) 883-3101Principal Officer
Greg Greenwood
Main Address
4600 S Ulster St Suite 1050, Denver, CO, 80237
Website
www.wishforwheels.orgNTEE Category
Code: P58 - Human services
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