World Bicycle Relief Nfp
- Assets
- $12.9m
- Revenue
- $12.4m
- Investments
- $0.0
- Employees
- 32
- Location
- Chicago, IL
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 20-5080679
Organization Overview
World Bicycle Relief Nfp is located in Chicago, IL. The organization was established in 2006. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2022, World Bicycle Relief Nfp employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Bicycle Relief Nfp 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, World Bicycle Relief Nfp generated $12.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $10.4m during the year ending 12/2021. While expenses have increased by 9.3% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WORLD BICYCLE RELIEF MOBILIZES COMMUNITIES IN RURAL REGIONS AROUND THE (CONTINUED IN SCHEDULE O) WORLD TO THRIVE WITH LIFE CHANGING BICYCLES. BY COMBINING (BICYCLE) PRODUCT DEVELOPMENT WITH COMMUNITY-LED PROGRAMMING AND SOCIAL ENTERPRISE, STUDENTS, COMMUNITY SERVICE PROVIDERS, FARMERS AND ENTREPRENEURS CAN IMPROVE THEIR ACCESS TO EDUCATION, HEALTHCARE AND ECONOMIC OPPORTUNITIES WITH A PURPOSE-DESIGNED BUFFALO BICYCLE, SUPPORTED BY AN ECOSYSTEM OF SUSTAINABLE MOBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM ACTIVITIESWBR'S MOBILZIED COMMUNITIES PROGRAM MODEL DRIVES SUSTAINABLE BICYCLE USE THROUGH COMMUNITY-LED MULTI-SECTOR PROGRAMMING, SUPPORTING IMPROVED RURAL ACCESS TO HEALTHCARE, EDUCATION, CONSERVATION AND LIVELIHOODS. IN PARTNERSHIP WITH COMMUNITIES AND SUPPORT FROM GOVERNMENTS, BUSINESSES AND NGOS, TARGETED REGIONS BENEFIT FROM AN INFUSION OF QUALITY BICYCLES, PROGRAMMING AND MECHANICS TRAINING. (CONTINUED IN SCHEDULE O)
MONITORING AND EVALUATION WORLD BICYCLE RELIEF IS CONSISTENTLY MEASURING THE IMPACT OF THE BICYCLE IN WBR AND NON WBR RUN PROGRAMS. LEVERAGING LEARNING WITH ADAPTIVE MANAGEMENT ENSURES WBR IS PROVIDING THE BEST SOLUTION POSSIBLE TO MOBILITY TO THOSE IT SERVES. WBR METRICS TIME INCLUDE CHANGES IN PARTICIPANT ACCESS TO HEALTHCARE, EDUCATION AND ECONOMIC OPPORTUNITY, AND IN THE LONG-TERM, CHANGES TO INCOME AND OTHER EMPOWERMENT OUTCOMES.
PRODUCT DEVELOPMENTFOR THOSE WORLD BICYCLE RELIEF SERVES, THE VALUE OF A BICYCLE IS ULTIMATELY MEASURED IN THE TIME AND EFFORT IT SAVES. THE VALUE OF THE BUFFALO BICYCLE ISN'T IN THE OBJECT ITSELF BUT RATHER IN THEFUNCTION IT PROVIDES. BUFFALO BICYCLES DRAMATICALLY INCREASE EFFICIENCY FOR ITS USERS - INDIVIDUALS AT THE LOWEST LEVEL OF THE ECONOMIC LADDER. (CONTINUED IN SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Showell Thru 0822 Program Director | 40 | $339,937 | |
David Neiswander CEO | Officer | 40 | $312,528 |
Alisha Myers Sii Director | 40 | $244,499 | |
Jeffrey Bosken Treasurer & Corp Secretary | Officer | 40 | $208,911 |
Adrienne Karecki Ed Development + Communications | 40 | $223,269 | |
Andrew Samways VP Of Product Development | 40 | $197,851 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Causemic Llc Marketing & Development | 12/30/22 | $346,700 |
Arnold & Porter Kaye Scholer Llp Legal | 12/30/22 | $185,418 |
Grant Thornton Llp Accounting | 12/30/22 | $142,402 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,250,988 |
| Investment income | $119,266 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $27,381 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $12,426 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,410,061 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $3,656,947 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $526,360 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,772,287 |
| Pension plan accruals and contributions | $118,565 |
| Other employee benefits | $285,541 |
| Payroll taxes | $230,445 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,037 |
| Fees for services: Accounting | $240,566 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $507,827 |
| Advertising and promotion | $163,862 |
| Office expenses | $304,036 |
| Information technology | $402,429 |
| Royalties | $0 |
| Occupancy | $49,356 |
| Travel | $285,745 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $254,655 |
| Interest | $9,138 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,942 |
| Insurance | $45,908 |
| All other expenses | $0 |
| Total functional expenses | $10,403,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,687,507 |
| Pledges and grants receivable | $1,252,965 |
| 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 | $170,999 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $8,606,054 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,872,204 |
| Accounts payable and accrued expenses | $239,859 |
| 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 | $540 |
| Total liabilities | $240,399 |
| 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 |
| Total liabilities and net assets/fund balances | $12,631,805 |