Overview
What is Free Bikes 4 Kidz?
Free Bikes 4 Kidz is a dedicated nonprofit organization based in St. Louis Park, Minnesota. With a goal of expanding to 100 cities nationwide, they currently have affiliates in 19 cities. Their mission is centered around the wellbeing of children, bringing together communities to provide bikes to those in need in a sustainable manner. In 2022, they collected, refurbished, and distributed over 26,000 bikes through local nonprofits, giving joy and opportunities to countless children. Simultaneously, they prevented tens of thousands of bikes from ending up in landfills by salvaging parts and sending them to recycling centers. Free Bikes 4 Kidz not only positively impacted children's lives but also engaged the community and contributed to environmental conservation.
Official website here: www.fb4k.org
Is Free Bikes 4 Kidz legitimate?
Free Bikes 4 Kidz is a legitimate nonprofit organization registered as a 501(c)(3) entity. Free Bikes 4 Kidz 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: $104,148
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fb4k.org
What is the mission statement of Free Bikes 4 Kidz?
Free Bikes 4 Kidz, an organization passionate about children's wellbeing, brings communities together to sustainably provide bikes to children in need. Their mission is to offer a pathway to health, happiness, and opportunities for these children. In 2022, they collected donated bikes, organized volunteers for refurbishment, and distributed over 26,000 bikes through partnerships with local nonprofits. This not only brought joy to the recipients but also kept thousands of bikes from landfills and salvaged usable parts. The process of bike distribution engages the community in a positive activity, contributing to the organization's goal of benefiting children and the environment simultaneously.
Official website here: www.fb4k.org
Who is the CEO of Free Bikes 4 Kidz?
Milissa Rick is the Chair of Free Bikes 4 Kidz.
Official website here: www.fb4k.org
What is the revenue of Free Bikes 4 Kidz?
Free Bikes 4 Kidz's revenue in 2022 was $308,020.
Official website here: www.fb4k.org
Who are the executives of Free Bikes 4 Kidz and what are their salaries?
There 35 volunteers at Free Bikes 4 Kidz.
Here are 6 key members and their salaries:
- Compensation: $84,000
- Related: $0
- Other: $6,998
- 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
Official website here: www.fb4k.org
Where can I find the form 990 for Free Bikes 4 Kidz?
Free Bikes 4 Kidz's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fb4k.org
Learn more at the official website: www.fb4k.org
Mission Statement of Free Bikes 4 Kidz
Free Bikes 4 Kidz, a passionate organization, works towards fostering community unity and promoting the well-being of children. Their mission is centered around sustainably providing bicycles to underprivileged children, serving as a means to enhance their health, happiness, and opportunities. With affiliates in 19 cities and an ambitious goal of expanding to 100 markets nationwide, Free Bikes 4 Kidz played a significant role in 2022. They collected donated bikes from their communities, enlisting the help of thousands of volunteers to clean and refurbish them. After ensuring the bikes were in good condition, they partnered with local non-profit organizations to distribute these bicycles to over 26,000 children in need. This process not only brought joy to these children, enabling them to embark on a healthier and happier journey, but also engaged the community in the process. Furthermore, Free Bikes 4 Kidz showed environmental responsibility by recycling any unusable parts, keeping tens of thousands of bikes out of landfills in 2022.
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Impact
October, 2024
Free Bikes 4 Kidz significantly enhances the lives of children by providing access to bicycles, fostering healthier and happier communities. By collecting and refurbishing donated bikes, the initiative not only addresses the mobility needs of kids in underprivileged circumstances but also promotes sustainability through recycling. In 2022 alone, FB4K involved thousands of volunteers, harnessing community spirit and engagement in this transformative process.
The organization expanded its reach by establishing affiliates in 19 cities and aims to grow to 100 markets nationwide. This ambitious expansion allows more children to benefit from bike ownership, which contributes to physical fitness, independence, and social interaction. Additionally, their targeted program that delivered 1,800 extra bikes underscores a commitment to strategic partnerships that amplify their impact.
Overall, Free Bikes 4 Kidz provides a vital resource that encourages youth development, offering children not just bicycles, but pathways to opportunity and joy.
This information is meant to be a general summary of Free Bikes 4 Kidz. 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: $20
- Gross Receipts: $308,020
Assets and Liabilities:
- Total Assets: $39,261
- Total Liabilities: $12,009
- Net Assets: $27,252
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Organization Details
Founding Year
2020
Phone
(952) 457-4858Principal Officer
Milissa Rick
Main Address
3030 France Avenue South Suite 310, St Louis Park, MN, 55416
Website
www.fb4k.orgNTEE Category
Code: O50 - Youth development
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