Biking For A Better World Inc

Organization Overview

Biking For A Better World Inc is located in Olympic Valley, CA. The organization was established in 2007. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biking For A Better World 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 12/2021, Biking For A Better World Inc generated $242.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $151.0k during the year ending 12/2021. While expenses have increased by 22.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF BIKING FOR A BETTER WORLD, INC. IS TO BRING THE JOY OF BIKING TO OUR REAGION. BIKING FOR A BETTER WORLD FOSTERS NATIONAL AND INTERNATIONAL AMATEUR SPORTS COMPETITION, WHICH WILL BE ACCOMPLISHED BY, AMONG OTHER THINGS, CONDUCTING FUNDRAISING, PROVIDING INSTRUCTION ON THE SPORT OF BIKING AND PROMOTING THE SAME, BUILDING COMMUNITY BIKE PARKS AND BIKE TRAILS, HOSTING AMATEUR BIKE RACES, AND HOSTING AND PROMOTING YOUTH ACTIVITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BIKING FOR A BETTER WORLD SUPPORTS THE TRUCKEE BIKE PARK WHICH HAS A PUMP TRACK, DIRT JUMPS, AND OTHER FEATURES THAT HELP IMPROVE BIKE HANDLING SKILLS; AND IS OPEN TO ALL AGES. MONEY RAISED THROUGH BBW WILL HELP BUILD NEW FEATURES AND MAINTAIN THE PARK.


NEXT LEVEL COACHING PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Vincent Zacha Herthel
Secretary
$0
Chris Barkman
Vice Preside
$0
Jake Spero
President
$0
Brooks Mcmullin
Director
$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$150,131
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$150,131
Total Program Service Revenue$86,156
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 $1,434
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $242,721

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Biking For A Better World Inc has recieved totaling $23,900.

Awarding OrganizationAmount
Lana Vento Charitable Tr

Truckee, CA

PURPOSE: YOUTH CYCLING PROGRAM

$15,305
Tahoe Mountain Resorts Environmental Fund

Truckee, CA

PURPOSE: COMMUNITY SUPPORT

$7,500
Clif Bar Family Foundation

Saint Helena, CA

PURPOSE: INCREASING OPPORTUNIES FOR OUTDOOR ACTIVITIES

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$95
View Grant Recipient Profile

Peer Organizations

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