Pedal It Forward Nwa is located in Rogers, AR. The organization was established in 2015. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. As of 12/2021, Pedal It Forward Nwa employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pedal It Forward Nwa 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, Pedal It Forward Nwa generated $70.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.2%) each year. All expenses for the organization totaled $141.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER AND INSPIRE PEOPLE OF ALL AGES TO LEAD ACTIVE, HEALTHY, AND HAPPY LIVES THROUGH CYCLING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PEDAL IT FORWARD PROGRAM - TO COLLECT, REFURBISH AND DISTRIBUTE USED BICYCLES TO THOSE IN NEED INCLUDING LOW-INCOME KIDS, AT-RISK YOUTH, MINORITY AND IMMIGRANT POPULATIONS IN NORTHWEST ARKANSAS.SINCE 2014, THE ORGANIZATION HAS DISTRIBUTED OVER 4,500 BICYCLES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Tovey President | OfficerTrustee | 1 | $0 |
Elaine Mccool Treasurer | OfficerTrustee | 1 | $0 |
Matt Crafton Secretary | OfficerTrustee | 1 | $0 |
Andrew Curry Director | Trustee | 1 | $0 |
Justin Tubb Director | Trustee | 1 | $0 |
David Smith Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $8,200 |
All other contributions, gifts, grants, and similar amounts not included above | $61,774 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $69,974 |
Total Program Service Revenue | $0 |
Investment income | $74 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $70,048 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $91,792 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $7,799 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,720 |
Advertising and promotion | $1,963 |
Office expenses | $1,565 |
Information technology | $2,176 |
Royalties | $0 |
Occupancy | $1,958 |
Travel | $0 |
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 | $3,554 |
Insurance | $5,669 |
All other expenses | $150 |
Total functional expenses | $141,619 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $80,957 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $111,204 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $192,161 |
Accounts payable and accrued expenses | $2,052 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $2,052 |
Net assets without donor restrictions | $190,109 |
Net assets with donor restrictions | $0 |
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 | $192,161 |
Over the last fiscal year, we have identified 1 grants that Pedal It Forward Nwa has recieved totaling $5,415.
Awarding Organization | Amount |
---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $5,415 |
Organization Name | Assets | Revenue |
---|---|---|
Great Hearts America-Texas San Antonio, TX | $263,562,120 | $73,584,130 |
Mississippi Wildlife Fisheries And Parks Foundation Jackson, MS | $2,114,946 | $4,044,835 |
Bridging The Gap Inc Kansas City, MO | $2,728,222 | $2,269,512 |
Capital Area Corporate Recycling Counsel Baton Rouge, LA | $489,719 | $1,295,575 |
The Surplus Exchange Kansas City, MO | $451,054 | $812,302 |
Groundwork Dallas Dallas, TX | $954,498 | $1,218,414 |
Northwest Arkansas Land Trust Fayetteville, AR | $7,355,206 | $5,339,636 |
Scraps Kc Inc Kansas City, MO | $255,046 | $528,626 |
Building Conservation Trust Houston, TX | $4,828,647 | $701,445 |
Southern Conservation Corp Mcminnville, TN | $13,956,933 | $435,607 |
Floranthropy Houston, TX | $3,684 | $476,164 |
Green Project Inc New Orleans, LA | $656,693 | $449,437 |