Bicycle Federation Of Wisconsin Educational Foundation Inc
- Assets
- $846.6k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 31
- Location
- Milwaukee, WI
- Founding
- 11/1996
- Data as of
- 12/2023
- EIN
- 39-1686663
Organization Overview
Bicycle Federation Of Wisconsin Educational Foundation Inc is located in Milwaukee, WI. The organization was established in 1996. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Bicycle Federation Of Wisconsin Educational Foundation Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bicycle Federation Of Wisconsin Educational Foundation 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, Bicycle Federation Of Wisconsin Educational Foundation Inc generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 8 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
TO PROMOTE BYCYCLE-FRIENDLY POLICIES WHILE PROVIDING A NETWORK OF SUPPORT AND EDUCATION FOR BICYCLING IN WISCONSIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BICYCLE EDUCATION - ONE OF THE CORE PRIORITIES OF FEDERATION STAFF AND MEMBERS IS EDUCATING ADULTS AND CHILDREN HOW TO RIDE BICYCLES SAFELY AND LEGALLY. EQUALLY IMPORTANT ARE CORRESPONDING PROGRAMS TO EDUCATE AND ENCOURAGE PEOPLE IN MOTOR VEHICLES HOW TO SAFELY AND LEGALLY SHARE WORK, THE FEDERATION ROUTINELY ENTERS INTO CONTRACTS WITH ORGANIZATIONS, STATE, COUNTY AND MUNICIPAL AGENCIES AND DEPARTMENTS TO PROVIDE THOSE EDUCATION AND ENCOURAGEMENT PROGRAMS.
LOBBYING - THE FEDERATION HAS A MISSION TO CULTIVATE, MOTIVATE AND UNITE A STRONG COMMUNITY OF CITIZENS AS WELL AS BUSINESS AND POLITICAL LEADERS TO MOVE BICYCLING FORWARD IN WISCONSIN - THROUGH EDUCATION, LEGISLATION AND INVOLVEMENT. THAT MEANS DIRECTORS, STAFF AND MEMBERS DO LOBBY FOR TOPICS AND LEGISLATION THAT WILL IMPROVE BICYCLING IN WISCONSIN.
MEMBERSHIP - THE FEDERATION HAS INDIVIDUAL MEMBERS AND ORGANIZATIONAL MEMBERS. THE FEDERATION SHALL HOLD AN ANNUAL MEETING OF THE MEMBERS SHALL EACH YEAR AT THE DATE, TIME AND PLACE DESIGNATED BY THE BOARD OF DIRECTORS.
MAGAZINE - THE FEDERATION PUBLISHES A YEARLY PRINT COMMUNICATIONS TO MEMBERS. THE RIDE GUIDE MAGAZINE, WHICH INCLUDES FREE LISTINGS OF RIDES IN WISCONSIN, INFORMATION ABOUT WISCONSIN TRAILS, AS WELL AS LISTINGS OF BIKE SHOPS, CLUBS AND TEAMS. THE MAGAZINE IS MAILED TO ALL ANNUA MEMBERS, AVAILABLE ONLINE FOR FREE VIA ISSUU, AND DISTRIBUTED FOR FREE TO BIKE SHOPS AND OTHER RETAIL BUSINESSES IN WISCONSIN AND OUR NEIGHBORING STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirsten Finn Executive Director | Officer | 40 | $99,445 |
Amelia Kegel Chairman | OfficerTrustee | 5 | $0 |
Steve Arnold Secretary | OfficerTrustee | 2 | $0 |
David Jablonowski Treasurer | OfficerTrustee | 2 | $0 |
Jason Brozek Director | Trustee | 2 | $0 |
Bob Burns Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $139,235 |
| Fundraising events | $42,714 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $436,813 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $618,762 |
| Total Program Service Revenue | $535,977 |
| Investment income | $5,331 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $115,625 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $21,845 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,297,540 |
| 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. | $99,445 |
| Compensation of current officers, directors, key employees. | $21,289 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $647,178 |
| Pension plan accruals and contributions | $17,304 |
| Other employee benefits | $48,779 |
| Payroll taxes | $57,046 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,389 |
| Fees for services: Lobbying | $14,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $110,577 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $4,442 |
| Royalties | $0 |
| Occupancy | $12,178 |
| Travel | $5,453 |
| 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 | $12,354 |
| Insurance | $36,515 |
| All other expenses | $38,965 |
| Total functional expenses | $1,231,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218,337 |
| Savings and temporary cash investments | $331,305 |
| Pledges and grants receivable | $28,826 |
| Accounts receivable, net | $27,300 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $43,102 |
| Prepaid expenses and deferred charges | $32,585 |
| Net Land, buildings, and equipment | $32,317 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $132,837 |
| Total assets | $846,609 |
| Accounts payable and accrued expenses | $61,409 |
| Grants payable | $0 |
| Deferred revenue | $17,470 |
| 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 | $73,464 |
| Total liabilities | $152,343 |
| Net assets without donor restrictions | $663,334 |
| Net assets with donor restrictions | $30,932 |
| 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 | $846,609 |