Minnesota Fighting Aids On Bikes
- Assets
- $0.0
- Revenue
- $983.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 02/2003
- Data as of
- 09/2022
- EIN
- 02-0650275
Organization Overview
Minnesota Fighting Aids On Bikes is located in Minneapolis, MN. The organization was established in 2003. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Fighting Aids On Bikes is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Minnesota Fighting Aids On Bikes generated $983.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (59.1%) each year. All expenses for the organization totaled $377.0 during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (64.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Minnesota Fighting Aids On Bikes has awarded 42 individual grants totaling $851,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE THE PUBLIC ABOUT HIV AS WELL AS TO RAISE FUNDS AND AWARENESS TO SUPPORT MN AIDS SERVICE ORGANIZATIONS. ORGANIZING AND PRODUCING THE RED RIBBON RIDE - A SAFE RIDE FOR THE PARTICIPANTS AND FISCALLY RESPONSIBLE FOR THE BENEFITING AGENCIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
RED RIBBON RIDE IS A FULLY SUPPORTED THREE-DAY, 200-MILE BICYCLE RIDE TO RAISE VITAL FUNDS FOR HIV/AIDS SERVICES, TREATMENT, PREVENTION, AND AWARENESS. THE RED RIBBON RIDE BENEFITS 4 HIV/AIDS SERVICE ORGANIZATIONS HERE IN MINNESOTA; AFRICAN AMERICAN AIDS TASK FORCE, ONE HEARTLAND, RURAL AIDS ACTION NETWORK AND THE ALIVENESS PROJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gwen Velez Director | Trustee | 2 | $0 |
Maxwell Maltese Director | Trustee | 2 | $0 |
Matt Toburen Director | Trustee | 2 | $0 |
Jared Barringer Director | Trustee | 2 | $0 |
Bill Tiedeman Chair | Officer | 2 | $0 |
Mary Mccarthy Vice Chair | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $983 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $983 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $983 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $134 |
| Information technology | $21 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $917 |
| All other expenses | -$695 |
| Total functional expenses | $377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Minnesota Fighting Aids On Bikes has awarded $111,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN AMERICAN AIDS TASK FORCE PURPOSE: INCOME DISTRIBUTION | $20,000 |
ALIVENESS PROJECT PURPOSE: INCOME DISTRIBUTION | $20,000 |
HOPE HOUSE OF ST CROIX VALLEY PURPOSE: INCOME DISTRIBUTION | $20,000 |
ONE HEARTLAND PURPOSE: INCOME DISTRIBUTION | $20,000 |
RURAL AIDS ACTION NETWORK PURPOSE: INCOME DISTRIBUTION | $20,000 |
CAMP BENEDICT PURPOSE: INCOME DISTRIBUTION | $5,500 |