Breakthrough Bike Challenge

Organization Overview

Breakthrough Bike Challenge is located in Philadelphia, PA. The organization was established in 2014. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. Breakthrough Bike Challenge 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, Breakthrough Bike Challenge generated $296.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $288.0k during the year ending 12/2021. While expenses have increased by 9.2% per year over the past 7 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 ORGANIZATION RAISES FUNDS FOR CANCER RESEARCH WHICH WILL BE DONATED TO APPROPRIATE ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION RAISES FUNDS FOR CANCER RESEARCH WHICH WILL BE DONATED TO APPROPRIATE ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE


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Board, Officers & Key Employees

Name (title)Compensation
Ernie Tracy
Secretary
$0
Joshua Wolson
Vice President
$0
Jeffrey F Krieger
Treasurer
$0
Robert Ebby
Board Chair
$0
Domingos Silva
Board Member
$0
Amy Kline
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$165,731
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$134,600
Noncash contributions included in lines 1a–1f $1,450
Total Revenue from Contributions, Gifts, Grants & Similar$300,331
Total Program Service Revenue$0
Investment income $6
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$3,812
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $296,525

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Breakthrough Bike Challenge has recieved totaling $2,776.

Awarding OrganizationAmount
Tony R Wells Foundation

Lewis Center, OH

PURPOSE: OPERATIONS

$1,121
Massmutual Foundation Inc

Springfield, MA

PURPOSE: EXEMPT PURPOSE

$1,000
The Garbose Family Foundation

Gwynedd Valley, PA

PURPOSE: GENERAL FUND

$500
Nancy And Victor Frenkil Jr Foundation Inc

Glyndon, MD

PURPOSE: FOR THE EXEMPT FUNCTION OF THE ORGANIZATION

$150
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

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