Community Bike Works
- Assets
- $358.9k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 25
- Location
- Allentown, PA
- Founding
- 10/1997
- Data as of
- 06/2023
- EIN
- 23-2867945
Organization Overview
Community Bike Works is located in Allentown, PA. The organization was established in 1997. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2023, Community Bike Works employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Bike Works 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 06/2023, Community Bike Works generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $1.1m during the year ending 06/2023. While expenses have increased by 15.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
"COMMUNITY BIKE WORKS TEACHES LIFE LESSONS THROUGH BICYCLES TO THE YOUNG PEOPLE OF THE LEHIGH VALLEY WHO COULD BENEFIT MOST."
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN OUR FLAGSHIP PROGRAM, EARN A BIKE, STUDENTS 9 AND OLDER TEAM UP WITH ADULT MENTORS FOR A COURSE ON BIKE MECHANICS AND SAFETY. STUDENTS PRACTICE COMMUNICATION, TEAMWORK, PERSEVERANCE, AND OTHER LIFE SKILLS WHILE WORKING ON THEIR BIKES. JUNIOR EARN A BIKE TEACHES SIMILAR LESSONS TO YOUNGER STUDENTS, WITH A SOCIAL AND EMOTIONAL FOUNDATION. UPON COMPLETING THEIR COURSES, STUDENTS EARN THEIR REFURBISHED BIKE AND A NEW HELMET! IN 2022-23, 574 STUDENTS PARTICIPATED IN OUR BIKE MENTORING PROGRAMS; 95% EARNED THEIR BIKES. OF STUDENTS WHO COMPLETED EARN A BIKE, 92% SAID THAT EARN A BIKE HELPED THEM LEARN THEY COULD DO THINGS THEY DIDN'T THINK THEY COULD DO BEFORE.
CYCLING AND DROP-IN: DROP-IN OFFERS TIME TO BUILD RELATIONSHIPS WITH MENTORS THROUGH PROJECTS INCLUDING BIKE WORK AND STEAM ACTIVITIES. WE OFFER TRAIL, TRACK, ROAD, AND MOUNTAIN BIKE PROGRAMS THAT ALLOW STUDENTS TO BE ACTIVE AND SPEND TIME OUTDOORS WITH MENTORS. OUR NEW MOUNTAIN BIKE TEAM COMPETES ACROSS THE STATE
YOUTH LEADERSHIP: STUDENTS 12 AND OLDER CAN PARTICIPATE IN YOUTH LEADERSHIP SEMINARS ON COLLEGE, CAREERS, AND COMMUNITY. ONCE THEY TURN 14, STUDENTS CAN APPLY TO BECOME PAID YOUTH APPRENTICES, MENTORING YOUNGER STUDENTS WHILE LEARNING WORK SKILLS. "ONE THING I LEARNED IN EARN A BIKE WAS HOW TO FIX A BIKE, AND PROBLEM-SOLVE. I WAS ABLE TO TAKE THOSE PROBLEM-SOLVING SKILLS AND USE THEM IN SCHOOL, MOSTLY FOR MATH AND LANGUAGE ARTS. IF SOMETHING WASN'T WORKING, I WOULD TRY SOMETHING ELSE," TESSA, 14, SAID.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Snyder Vice Chairperson | OfficerTrustee | 2 | $0 |
Gregory Lamb Board Member | Trustee | 2 | $0 |
Joe Goldfeder Treasurer | OfficerTrustee | 2 | $0 |
Lara Kuhns Secretary | OfficerTrustee | 2 | $0 |
Claire Aylward Board Member | Trustee | 2 | $0 |
Shalon Buskirk Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $79,824 |
| Membership dues | $0 |
| Fundraising events | $84,937 |
| Related organizations | $0 |
| Government grants | $274,931 |
| All other contributions, gifts, grants, and similar amounts not included above | $605,545 |
| Noncash contributions included in lines 1a–1f | $17,205 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,045,237 |
| Total Program Service Revenue | $0 |
| Investment income | $3,085 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,831 |
| Net Income from Fundraising Events | -$16,825 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,027,666 |
| 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. | $118,863 |
| Compensation of current officers, directors, key employees. | $23,772 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $669,347 |
| Pension plan accruals and contributions | $9,309 |
| Other employee benefits | $69,498 |
| Payroll taxes | $60,554 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,495 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $341 |
| Fees for services: Other | $3,549 |
| Advertising and promotion | $0 |
| Office expenses | $10,715 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,681 |
| Travel | $822 |
| 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 | $13,496 |
| Insurance | $12,222 |
| All other expenses | $1,291 |
| Total functional expenses | $1,062,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,892 |
| Savings and temporary cash investments | $101,939 |
| 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 | $47,293 |
| Investments—publicly traded securities | $153,786 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $358,910 |
| 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 | $1,804 |
| Total liabilities | $1,804 |
| Net assets without donor restrictions | $357,106 |
| 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 | $358,910 |