Bike The Us For Ms Inc
- Assets
- $73.3k
- Revenue
- $285.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Blacksburg, VA
- Founding
- 09/2010
- Data as of
- 09/2023
- EIN
- 27-2192426
Organization Overview
Bike The Us For Ms Inc, operating under the name Bike The Us For Ms, is located in Blacksburg, VA. The organization was established in 2010. 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. As of 09/2023, Bike The Us For MS employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bike The Us For MS 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 09/2023, Bike The Us For MS generated $285.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $285.6k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 4 years. 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
BIKE THE US FOR MS ORGANIZES REGIONAL AND CROSS-COUNTRY BICYCLE TRIPS TO RAISE FUNDS AND AWARENESS FOR MULTIPLE SCLEROSIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC EDUCATION, OUTREACH, AND VOLUNTEERING - BIKE THE US FOR MS LEADS FIVE LONG DISTANCE ROUTES ACROSS THE UNITED STATES. PARTICIPANTS ARE REQUIRED TO REACH A FUNDRAISING MINIMUM TO PARTICIPATE. DURING THE TRIP, CYCLISTS ARE EDUCATING COMMUNITIES AND SPREADING AWARENESS OF MULTIPLE SCLEROSIS IN PERSON, IN TELEVISION INTERVIEWS, NEWSPAPER ARTICLES, AND VIA SOCIAL MEDIA. CYCLISTS ALSO STOP TO VOLUNTEER FOR INDIVIDUALS LIVING WITH MS ACROSS THE NATION. THESE VOLUNTEER PROJECTS INCLUDE, BUT ARE NOT LIMITED TO, HOUSE CLEANING, YARD WORK, HEAVY LIFTING, PAINTING, AND ANYTHING ELSE THAT MAY BE DIFFICULT FOR THOSE LIVING WITH MS TO DO. DURING THIS FISCAL YEAR MORE THAN 300,000 MILES WERE CUMULATIVELY PEDALED AND OVER 2,000 HOURS OF VOLUNTEERING WERE COMPLETED BY CYCLIST VOLUNTEERS.
DIRECT FINANCIAL ASSISTANCE AND SUPPORT - GRANTS ARE GIVEN TO SUPPORT INDIVIDUALS LIVING WITH MS BY FUNDING RAMPS, BATHROOMS, LIFTS, RAILINGS, GRAB BARS, AND OTHER ASSISTIVE EQUIPMENT AND PROJECTS THAT FACILITATE IMPROVED AND INDEPENDENT LIVING AND IMPROVED SUPPORT NETWORKS. THESE PROJECTS SEEK TO IMPROVE THE QUALITY OF LIFE AND SAFETY OF INDIVIDUALS LIVING WITH MS ACROSS AMERICA AND THE UK.
RESEARCH AND TREATMENT - BIKE THE US FOR MS SUPPORTS RESEARCH AND TREATMENT CLINICS ACROSS THE UNITED STATES. THIS YEAR TEAMS OF CYCLISTS FUNDED CLINICS IN MINNESOTA, WASHINGTON AND VIRGINIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Fraser Chairman Of The Board | Trustee | 4 | $0 |
David Chiarello Director | Trustee | 2 | $0 |
Phillip Cooper Director | Trustee | 2 | $0 |
Kurt Rishel Director | Trustee | 2 | $0 |
Lina Garada Director | Trustee | 2 | $0 |
Jennifer Vetrovs Director | Trustee | 2 | $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 | $285,058 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $285,058 |
| 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 | $285,058 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,500 |
| Grants and other assistance to domestic individuals. | $1,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $31,916 |
| 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 | $74,125 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,641 |
| Payroll taxes | $5,591 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,409 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $598 |
| Office expenses | $796 |
| Information technology | $23,841 |
| Royalties | $0 |
| Occupancy | $4,304 |
| 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 | $7,046 |
| Insurance | $6,211 |
| All other expenses | $0 |
| Total functional expenses | $285,631 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,878 |
| 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 | $1,462 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $73,340 |
| Accounts payable and accrued expenses | $19,466 |
| 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 | $14,056 |
| Other liabilities | $0 |
| Total liabilities | $33,522 |
| Net assets without donor restrictions | $39,818 |
| 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 | $73,340 |
Grants Awarded
Over the last fiscal year, Bike The Us For Ms Inc has awarded $25,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SWEDISH MS CENTER PURPOSE: RESEARCH/TREATMENT | $15,000 |
FAIRVIEW MS ACHIEVEMENT CENTER PURPOSE: TREATEMENT | $10,000 |