Peopleforbikes Foundation
- Assets
- $3.8m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 18
- Location
- Boulder, CO
- Founding
- 06/2006
- Data as of
- 12/2021
- EIN
- 20-4306888
Organization Overview
Peopleforbikes Foundation is located in Boulder, CO. The organization was established in 2006. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Peopleforbikes Foundation employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peopleforbikes Foundation 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 12/2021, Peopleforbikes Foundation generated $4.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $8.2m during the year ending 12/2021. While expenses have increased by 18.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Peopleforbikes Foundation has awarded 143 individual grants totaling $4,761,168. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO GET MORE PEOPLE RIDING BIKES MORE OFTEN, AND TO MAKE BIKE RIDING BETTER FOR EVERYONE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL INNOVATION. THIS KEY ENDEAVOR HELPS CITIES PLAN, BUILD AND PROMOTE GREAT PLACES TO RIDE, FASTER. THESE PROGRAMS DEVELOP STRONG COMMUNITY PARTNERSHIPS, ACCELERATING PROGRESS AND CREATING BEST PRACTICES THAT CAN BE SHARED WIDELY. PROGRAM FOCUSES INCLUDE THE FINAL MILE PROJECT, WHICH WORKS TO ACCELERATE THE INSTALLATION OF COMPLETE MOBILITY NETWORKS IN SELECT U.S. CITIES, AND THE PLACESFORBIKES CITY RATINGS PROGRAM, WHICH ESTABLISHES A NEW STANDARD IN DEFINING AND MEASURING GREAT PLACES FOR BIKING, ALONGSIDE PROVIDING THE TOOLS AND RESOURCES NECESSARY TO ACCELERATE LOCAL CHANGE. IN ADDITION, LOCAL INNOVATION EFFORTS INCLUDE THE NORTHWEST ARKANSAS BIKE BUSINESS INNOVATION PROGRAM, WHICH IMPLEMENTS WORKPLACE-BASED INCENTIVE PROGRAMS THAT RAPIDLY INCREASE THE NUMBER OF EMPLOYEES WHO BIKE FOR TRANSPORTATION AND RECREATION THROUGHOUT BENTON COUNTY, ARKANSAS
COMMUNICATION AND ENGAGEMENT. OUR COMMUNICATION EFFORTS SUPPORT ALL PROGRAMS UNDER THE PEOPLEFORBIKES FOUNDATION. ONE OF OUR MAIN PILLARS IS ENSURING BIKES ARE PRIORITIZED AND POSITIONED AS A REAL SOLUTION TO IMPROVE AMERICANS' HEALTH, CONNECT COMMUNITIES, BOOST LOCAL AND STATE ECONOMIES, STRENGTHEN OUR NATION AND PROTECT THE PLANET. WE ALSO SEEK TO GROW BICYCLE RIDERSHIP IN AMERICA THROUGH VARIOUS OUTREACH CAMPAIGNS TO ATTRACT AND RETAIN A DIVERSE BASE OF NEW AND INFREQUENT RIDERS. IN 2018, THE PEOPLEFORBIKES FOUNDATION LAUNCHED A TECHNOLOGY-BASED PLATFORM AND MOBILE APP CALLED RIDE SPOT, DESIGNED TO HELP BIKE RIDERS EVERYWHERE DISCOVER AND SHARE GREAT BIKE RIDES IN COLLABORATION WITH LOCAL BIKE SHOPS, ADVOCACY GROUPS AND OTHER RIDERS.
BETTER BIKE SHARE PARTNERSHIP. FUNDED BY THE JPB FOUNDATION TO BUILD EQUITABLE AND REPLICABLE SHARED MICROMOBILITY SYSTEMS, THE GOAL OF THE BETTER BIKE SHARE PARTNERSHIP IS TO INCREASE ACCESS TO AND THE USE OF THESE SYSTEMS IN LOW-INCOME AND BIPOC COMMUNITIES. THE PARTNERS INCLUDE THE CITY OF PHILADELPHIA, THE NATIONAL ASSOCIATION OF CITY TRANSPORTATION OFFICIALS (NACTO) AND THE PEOPLEFORBIKES FOUNDATION. INITIALLY FUNDED IN 2014 FOR A THREE-YEAR PERIOD, THE JPB FOUNDATION CONTINUES TO SUPPORT THE PROGRAM, MOST RECENTLY IN 2020 FOR AN ADDITIONAL THREE YEARS (THROUGH JUNE 30, 2023).
VARIOUS OTHER PROGRAM SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jose Maldonado Vice President Of Marketing | 20 | $142,411 | |
Kyle Wagenschutz Vice President Of Local Innovation | 36 | $136,401 | |
Blair Clark Board President | OfficerTrustee | 1 | $0 |
Patrick Seidler Board Vice President | OfficerTrustee | 1 | $0 |
Erik Esborg Vice President Of Finance | Officer | 18 | $0 |
Jennifer Dice Chief Operating Officer/pr | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $845,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,885,281 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,730,281 |
| Total Program Service Revenue | $0 |
| Investment income | $381 |
| 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 | $4,747,548 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,394,988 |
| 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 | $1,271,116 |
| Pension plan accruals and contributions | $52,448 |
| Other employee benefits | $88,222 |
| Payroll taxes | $108,934 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,871 |
| Fees for services: Accounting | $6,190 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,449,758 |
| Advertising and promotion | $2,534,361 |
| Office expenses | $20,662 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $123,337 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,485 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,564 |
| Insurance | $0 |
| All other expenses | $10,271 |
| Total functional expenses | $8,198,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,435 |
| Savings and temporary cash investments | $3,553,302 |
| Pledges and grants receivable | $115,260 |
| 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 | $494 |
| Net Land, buildings, and equipment | $19,298 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,836,789 |
| Accounts payable and accrued expenses | $214,265 |
| 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 | $214,265 |
| Net assets without donor restrictions | $934,894 |
| Net assets with donor restrictions | $2,687,630 |
| 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 | $3,836,789 |
Grants Awarded
Over the last fiscal year, Peopleforbikes Foundation has awarded $1,331,370 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
NACTO PURPOSE: TO IMPROVE INFRASTRUCTURE TO OBTAIN OR ENHANCE "BICYCLE FRIENDLY COMMUNITY" STATUS. | $300,000 |
THE MAYOR'S FUND FOR PHILADELPHIA PURPOSE: TO IMPROVE INFRASTRUCTURE TO OBTAIN OR ENHANCE "BICYCLE FRIENDLY COMMUNITY" STATUS. | $250,000 |
CINCINNATI RED BIKE PURPOSE: TO IMPROVE INFRASTRUCTURE TO OBTAIN OR ENHANCE "BICYCLE FRIENDLY COMMUNITY" STATUS. | $250,000 |
Detroit, MI PURPOSE: TO IMPROVE INFRASTRUCTURE TO OBTAIN OR ENHANCE "BICYCLE FRIENDLY COMMUNITY" STATUS. | $110,000 |
NORTHWEST SIDE HOUSING CENTER PURPOSE: TO IMPROVE INFRASTRUCTURE TO OBTAIN OR ENHANCE "BICYCLE FRIENDLY COMMUNITY" STATUS. | $100,000 |
CITY OF PORTLAND PURPOSE: TO IMPROVE INFRASTRUCTURE TO OBTAIN OR ENHANCE "BICYCLE FRIENDLY COMMUNITY" STATUS. | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Peopleforbikes Foundation has recieved totaling $845,500.
| Awarding Organization | Amount |
|---|---|
Peopleforbikes Coalition Ltd Boulder, CO PURPOSE: GENERAL BICYCLING GRANT | $845,000 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 04/07/21 | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amg Charitable Gift Foundation Greenwood Village, CO | $149,608,626 | $31,189,759 |
Faith Charitable Trust Omaha, NE | $0 | $922,113 |
Peopleforbikes Foundation Boulder, CO | $3,836,789 | $4,747,548 |
Olathe Health System Inc Olathe, KS | $604,759,622 | $8,223,691 |
Grand Teton National Park Foundation Moose, WY | $17,490,260 | $12,374,107 |
Colorado Springs Health Foundation Colorado Springs, CO | $192,761,783 | $20,158,263 |
Community Clinics At Mrh Craig, CO | $2,546,314 | $4,871,469 |
Park City Community Foundation Park City, UT | $23,921,888 | $11,932,031 |
Love Family Affiliated Fund Of The Oklahoma City Community Foundation Oklahoma City, OK | $15,024,266 | $3,226,115 |
Cnm Ingenuity Incoproration Albuquerque, NM | $23,986,328 | $5,524,320 |
Pi Foundation Inc Salt Lake City, UT | $42,544,136 | $12,945,919 |
Sun Angel Foundation Inc Tempe, AZ | $37,255,454 | $9,354,798 |