Bikes For Kids Inc
- Assets
- $194.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Centerbrook, CT
- Founding
- 02/2012
- Data as of
- 12/2023
- EIN
- 27-4863710
Organization Overview
Bikes For Kids Inc is located in Centerbrook, CT. The organization was established in 2012. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bikes For Kids Inc 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 12/2023, Bikes For Kids Inc generated $67.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $71.7k during the year ending 12/2023. While expenses have increased by 3.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karl Jens Secretary | 0 | $0 | |
Ali Muir Treasurer | 0 | $0 | |
Michele Wytas Vice-Preside | 0 | $0 | |
Edward Barrientos President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,963 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,908 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $38 |
| Total Revenue | $67,909 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,087 |
| Occupancy, rent, utilities, and maintenance | $32,940 |
| Printing, publications, postage, and shipping | $676 |
| Other expenses | $36,984 |
| Total expenses | $71,687 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $191,090 |
| Other assets | $0 |
| Total assets | $194,360 |
| Total liabilities | $1,936 |
| Net assets or fund balances | $192,424 |