Overview
What is Free Bikes 4 Kidz Of Atlanta Co?
Free Bikes 4 Kidz Of Atlanta Co is a compassionate nonprofit organization established in 2016, situated in Atlanta, Georgia. Over the past six years, the organization has amassed over 4,200 bikes, both new and used, through the generosity of numerous individuals and corporations. The refurbished bikes, along with helmets, are then distributed to underprivileged children in the Atlanta community at an average cost of $25 per bike. In 2022 alone, Free Bikes 4 Kidz Of Atlanta Co received 600 bicycles to be restored and another 300 were donated to children in need. The organization's mission is to provide bicycles to children who are in the greatest need, promoting mobility and joy in their lives.
Official website here: www.fb4katl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Free Bikes 4 Kidz Of Atlanta Co has received a Three-Star rating from Charity Navigator, indicating a fair level of accountability and financial health. The rating is grounded in a single beacon score focused entirely on Accountability & Finance, which shows that the organization has strengths, particularly with its independent board and effective management of assets.
The nonprofit boasts a perfect score in several areas, including having a majority of independent board members and maintaining a low material diversion of assets. Additionally, the program expense ratio of 76.93% highlights that a significant portion of its expenditures goes towards its mission-related programs, which is a positive indicator of its operational effectiveness.
However, the organization has some notable limitations, including the absence of key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which received zero points. Addressing these gaps could enhance their overall accountability and transparency, potentially improving their rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Free Bikes 4 Kidz Of Atlanta Co legitimate?
Free Bikes 4 Kidz Of Atlanta Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Free Bikes 4 Kidz Of Atlanta Co 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fb4katl.org
What is the mission statement of Free Bikes 4 Kidz Of Atlanta Co?
Free Bikes 4 Kidz Of Atlanta Co's mission is centered around providing bicycles to children in need. Since its inception in 2016, the organization has collected over 4,200 bikes from individuals and corporations. Out of these, they have refurbished and distributed over 3,375 bicycles, along with helmets, at an average cost of $25 per bike, to underprivileged children in the community. In 2022, the organization received 600 bikes for refurbishment and donated an additional 300 bicycles to children. The organization's activities primarily focus on making bicycles available to children who may not be able to afford them, thereby promoting mobility and physical activity among the younger population.
Official website here: www.fb4katl.org
Who is the CEO of Free Bikes 4 Kidz Of Atlanta Co?
Stephen Wolfe is the Board Member of Free Bikes 4 Kidz Of Atlanta Co.
Official website here: www.fb4katl.org
What is the revenue of Free Bikes 4 Kidz Of Atlanta Co?
Free Bikes 4 Kidz Of Atlanta Co's revenue in 2022 was $31,091.
Official website here: www.fb4katl.org
Who are the executives of Free Bikes 4 Kidz Of Atlanta Co and what are their salaries?
There 207 volunteers at Free Bikes 4 Kidz Of Atlanta Co.
Here are 8 key members and their salaries:
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Official website here: www.fb4katl.org
Where can I find the form 990 for Free Bikes 4 Kidz Of Atlanta Co?
Free Bikes 4 Kidz Of Atlanta Co's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fb4katl.org
Learn more at the official website: www.fb4katl.org
Mission Statement of Free Bikes 4 Kidz Of Atlanta Co
Free Bikes 4 Kidz Of Atlanta Co, a nonprofit organization, is dedicated to providing bicycles to children who are in the most need. Since its inception in 2016, the organization has managed to collect over 4,200 new and used bikes from numerous individuals and corporations. Over the past six years, Free Bikes 4 Kidz Of Atlanta Co has been able to refurbish and distribute over 3,375 of these bikes, at an average cost of $25 per bike, which includes a helmet, to underprivileged children in the Atlanta community. In 2022 alone, the organization received 600 bicycles for refurbishing, and an additional 300 bikes were donated to children in need. The mission of Free Bikes 4 Kidz Of Atlanta Co is to ensure that every child in the community has access to a bicycle, thereby providing them with an opportunity for fun, exercise, and transportation.
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Impact
August, 2024
Free Bikes 4 Kidz Of Atlanta Co has made a significant impact by providing over 3,375 refurbished bikes to underserved children in the Atlanta community since 2016. They have collected and refurbished a total of 4,200 new and used bikes at an average cost of $25 per bike, including a helmet. In 2022 alone, the organization received 600 bicycles to refurbish and donate to those in need, with an additional 300 bikes given to children in the community. Their dedication to providing bikes to kids in need has had a direct and tangible impact on the lives of underserved children in Atlanta.
This information is meant to be a general summary of Free Bikes 4 Kidz Of Atlanta 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 2022.
- Gross Receipts: $31,091
Assets and Liabilities:
- Total Assets: $13,781
- Total Liabilities: $4,274
- Net Assets: $9,507
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Organization Details
Founding Year
2016
Phone
(404) 936-1674Principal Officer
Stephen Wolfe
Main Address
PO BOX 8446, ATLANTA, GA, 31106
Website
www.fb4katl.orgNTEE Category
Code: P58 - Human services
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