Triangle Bikeworks Inc
- Assets
- $111.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carrboro, NC
- Founding
- 04/2014
- Data as of
- 12/2021
- EIN
- 46-1229632
Organization Overview
Triangle Bikeworks Inc is located in Carrboro, NC. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Triangle Bikeworks 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, Triangle Bikeworks Inc generated $149.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 38.7% each year . All expenses for the organization totaled $132.1k during the year ending 12/2021. 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 |
|---|---|---|---|
Kevin Hicks Executive Dir. | 30 | $18,900 | |
Todd Lofrese Board Chair | 2 | $0 | |
Joshua Hughey Board Member | 2 | $0 | |
Alex Barker Board Member | 2 | $0 | |
Jay Parker Vice Chair | 2 | $0 | |
Joanna Martinez Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,491 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $129 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $149,620 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $61,091 |
| Professional fees and other payments to independent contractors | $29,948 |
| Occupancy, rent, utilities, and maintenance | $3,000 |
| Printing, publications, postage, and shipping | $169 |
| Other expenses | $37,919 |
| Total expenses | $132,127 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,145 |
| Other assets | $0 |
| Total assets | $111,545 |
| Total liabilities | $2,077 |
| Net assets or fund balances | $109,468 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Triangle Bikeworks Inc has recieved totaling $42,386.
| Awarding Organization | Amount |
|---|---|
United Way Of The Greater Triangle Inc Durham, NC PURPOSE: GENERAL SUPPORT | $24,134 |
Collectively Outside Foundation Corydon, KY PURPOSE: YOUTH ORGANIZED CYCLING | $7,000 |
Mary Duke Biddle Foundation Durham, NC PURPOSE: K-12 EDUCATION | $5,000 |
Z Smith Reynolds Foundation Inc Winstonsalem, NC PURPOSE: 2021 NONPROFIT INTERNSHIP HOST APPLICANT (AUSTIN TORAIN, WFU) | $3,200 |
Strowd Roses Inc Chapel Hill, NC PURPOSE: GENERAL SUPPORT | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $52 |
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|---|---|---|
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Old Dominion Land Conservancy Inc Purcellville, VA | $5,990,691 | $40,101,797 |
South Carolina Learns Greenville, SC | $20,739,195 | $35,702,373 |
South Carolina Virtual Charter School West Columbia, SC | $14,646,057 | $37,851,009 |
Landmark Christian School Fairburn, GA | $28,586,929 | $25,037,540 |
Susan B Anthony List Inc Arlington, VA | $6,109,204 | $16,065,131 |
Georgia Advanced Technology Ventures Inc Atlanta, GA | $206,195,666 | $20,980,407 |
North Raleigh Christian Academy Raleigh, NC | $50,620,236 | $15,888,714 |
Seton Home Study School Front Royal, VA | $19,128,742 | $13,590,541 |
Instruction Partners Nashville, TN | $7,038,441 | $15,858,376 |