Recyclable Bicycle Exchange Inc is located in Fort Lauderdale, FL. The organization was established in 2016. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Recyclable Bicycle Exchange 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, Recyclable Bicycle Exchange Inc generated $140.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $140.1k during the year ending 12/2021. While expenses have increased by 13.3% per year over the past 2 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED AFFORDABLE BIKES AND BIKE REPAIR TO THE PUBLIC AND FREE BIKES TO LOCAL YOUTH. ENCOURAGED BIKE/REPAIR BASED EDUCATIONAL OPPORTUNITIES. PROVIDED HELMETS/SAFETY EQUIPMENT TO ENCOURAGE SAFE BIKING.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $964 |
Total Program Service Revenue | $139,410 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $140,374 |
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 | $125 |
Occupancy, rent, utilities, and maintenance | $60,632 |
Printing, publications, postage, and shipping | $89 |
Other expenses | $79,220 |
Total expenses | $140,066 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,048 |
Other assets | $0 |
Total assets | $10,277 |
Total liabilities | $683 |
Net assets or fund balances | $9,594 |
Over the last fiscal year, we have identified 1 grants that Recyclable Bicycle Exchange Inc has recieved totaling $24,000.
Awarding Organization | Amount |
---|---|
Community Foundation Of Broward Inc Fort Lauderdale, FL PURPOSE: HUMAN SERVICE | $24,000 |
Organization Name | Assets | Revenue |
---|---|---|
Call2recycle Inc Atlanta, GA | $26,593,220 | $16,652,200 |
Asset Network For Educationworldwide Inc Clearwater, FL | $28,176 | $1,238,844 |
Recycled Paperboard Technical Association Alpharetta, GA | $2,038,884 | $1,073,096 |
Friends Of Guana Tolomato Matanzas National Estuarine Research Reserv Ponte Vedra Beach, FL | $912,775 | $658,261 |
100 Percent Recycled Paperboard Alliance Inc Alpharetta, GA | $321,961 | $278,365 |
Dog River Clearwater Revival Mobile, AL | $162,241 | $142,878 |
Recyclable Bicycle Exchange Inc Fort Lauderdale, FL | $10,277 | $0 |
Recycleflorida Today Inc Ocala, FL | $128,023 | $0 |
Florida Auto Dismantlers And Recyclers Association Inc Winter Garden, FL | $107,863 | $75,365 |
Charitable Donations Usa Inc Umatilla, FL | $32,303 | $88,101 |
Friends Of Green Cay Nature Center Inc Boynton Beach, FL | $222,395 | $0 |
St Petersburg Audubon Society Inc St Petersburg, FL | $621,183 | $29,622 |