Freewheelin Community Bikes
- Assets
- $341.6k
- Revenue
- $525.9k
- Investments
- $0.0
- Employees
- 22
- Location
- Indianapolis, IN
- Founding
- 08/2009
- Data as of
- 12/2021
- EIN
- 26-3748830
Organization Overview
Freewheelin Community Bikes is located in Indianapolis, IN. The organization was established in 2009. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Freewheelin Community Bikes employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freewheelin Community 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 12/2021, Freewheelin Community Bikes generated $525.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $337.1k during the year ending 12/2021. While expenses have increased by 9.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT ECONOMICALLY CHALLENGED COMMUNITIES AND THE ENVIRONMENT THROUGH THE USE OF BICYCLES. WE USE TRAINING, AFFORDABLE BICYCLES, AND COMPETITIONS TO TEACH LIFE SKILLS, ESPECIALLY TO THE YOUTH OF THE COMMUNITIES WE SERVE. WE SUPPORT USE OF BICYCLES AMONG PEOPLE OF ALL AGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED TRAINING, AFFORDABLE BICYCLES, AND COMPETITIONS TO TEACH LIFE SKILLS, ESPECIALLY TO THE YOUTH OF THE COMMUNITIES WE SERVE.
DURING 2020, FREEWHEELINS EARN-A-BIKE PROGRAM SERVED 150 YOUNG PEOPLE. EARN-A-BIKE IS AN INTRODUCTION TO FREEWHEELIN, BICYCLE MAINTENANCE, AND RIDING SAFETY. WITH A FOCUS ON PROBLEM-SOLVING, PERSISTENCE, AND RESPECT FOR OTHERS, YOUTH ALSO DEVELOP SKILLS THAT WILL SERVE THEM ON AND OFF THE BIKE. THE PROGRAM INCLUDES GROUP RIDES AND CULMINATES IN A HANDS-ON TEST. BY DEMONSTRATING THEY HAVE THE SKILLS WE TEACH IN CLASS, YOUTH EARN THE BIKE THEY HAVE BEEN WORKING ON, A HELMET, AND A LOCK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Kessler Vice President | OfficerTrustee | 0 | $0 |
John Mead President | OfficerTrustee | 0 | $0 |
Robert Karnak Secretary | OfficerTrustee | 0 | $0 |
Kodi Akins Treasurer | OfficerTrustee | 0 | $0 |
Miles Johnson Director | Trustee | 0 | $0 |
Mary Dicken Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $426,530 |
| Noncash contributions included in lines 1a–1f | $77,764 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $426,530 |
| Total Program Service Revenue | $175 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,331 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $79,154 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $525,856 |
| 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 | $242,889 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,532 |
| 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 | $10,309 |
| Advertising and promotion | $1,433 |
| Office expenses | $364 |
| Information technology | $6,590 |
| 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 | $1,013 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $251 |
| Insurance | $8,724 |
| All other expenses | $10,598 |
| Total functional expenses | $337,128 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,173 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $63,904 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $204,843 |
| Prepaid expenses and deferred charges | $2,246 |
| Net Land, buildings, and equipment | $9,423 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $341,589 |
| Accounts payable and accrued expenses | $15,630 |
| Grants payable | $0 |
| Deferred revenue | $1,935 |
| 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 | $27,676 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $45,241 |
| Net assets without donor restrictions | $236,348 |
| Net assets with donor restrictions | $60,000 |
| 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 | $341,589 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Freewheelin Community Bikes has recieved totaling $122,580.
| Awarding Organization | Amount |
|---|---|
Central Indiana Community Foundation Inc Indianapolis, IN PURPOSE: Mobile Bike Lab Program | $40,000 |
Zotec Foundation Inc Carmel, IN PURPOSE: OPEN GRANT PROGRAM - GENERAL OPERATING FUNDS | $25,000 |
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: 2021 Council District Crime Prevention Round 1 | $23,000 |
United Way Of Central Indiana Inc Indianapolis, IN PURPOSE: Donor Choice | $20,843 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,582 |
Nicholas H Noyes Jr Memorial Foundation Inc Carmel, IN PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Zeta Tau Alpha Fraternity Carmel, IN | $13,572,932 | $39,083,661 |
Medinah Country Club Medinah, IL | $51,813,196 | $25,838,666 |
Union League Club Of Chicago Chicago, IL | $26,749,429 | $20,158,030 |
Missouri Athletic Club St Louis, MO | $22,640,194 | $18,091,674 |
Alpha Chi Omega Fraternity Inc Indianapolis, IN | $29,119,055 | $16,507,869 |
Butterfield Country Club Oak Brook, IL | $37,524,568 | $14,281,799 |
University Club Of Chicago Chicago, IL | $40,558,650 | $14,990,991 |
Bellerive Country Club Saint Louis, MO | $30,118,733 | $15,442,843 |
Alpha Chi Omega National Housing Corporation Indianapolis, IN | $68,106,791 | $16,027,721 |
National Association Of Intercollegiate Athletics Kansas City, MO | $12,204,653 | $13,287,204 |
Big Spring Country Club Inc Louisville, KY | $27,849,226 | $12,028,840 |
Westmoreland Country Club Wilmette, IL | $31,536,434 | $12,960,463 |