Biking For Fun Inc
- Assets
- $74.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 8
- Location
- Bakersfield, CA
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 51-0555071
Organization Overview
Biking For Fun Inc is located in Bakersfield, CA. The organization was established in 2006. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Biking For Fun Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biking For Fun 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, Biking For Fun Inc generated $120.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $124.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. 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 Mission:
Part 3 - Line 1
TO PROMOTE BICYCLING AS A SAFE, FUN AND ENVIRONMENTALLY FRIENDLY MEANS OF EVERYDAY TRANSPORTATION.
Describe the Organization's Program Activity:
Part 3
OPERATION OF TWO BIKE KITCHEN LOCATIONS, ONE IN BAKERSFIELD AND ONE IN ARVIN. THE BIKE KITCHENS ARE COMMUNITY RESOURCES FOR BICYCLES, BICYCLE REPAIRS, TOOLS AND KNOWLEDGE.
PROMOTIONAL ADVERTISING CAMPAIGN AND COMMUNITY EVENTS TO PROMOTE BICYCLING IN BAKERSFIELD AND THE SURROUNDING AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis Bravos Director | 1 | $0 | |
Karine Kanikkeberg Director | 1 | $0 | |
Ricardo Perez Director | 1 | $0 | |
Bob Smith Vice President | 4 | $0 | |
Andrae Gonzalez Director | 1 | $0 | |
Jason Cater Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,567 |
| Total Program Service Revenue | $22,073 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,640 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,396 |
| Professional fees and other payments to independent contractors | $10,370 |
| Occupancy, rent, utilities, and maintenance | $10,422 |
| Printing, publications, postage, and shipping | $755 |
| Other expenses | $46,200 |
| Total expenses | $124,143 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,294 |
| Other assets | $0 |
| Total assets | $74,035 |
| Total liabilities | $5,314 |
| Net assets or fund balances | $68,721 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Biking For Fun Inc has recieved totaling $38,566.
| Awarding Organization | Amount |
|---|---|
Philanthropy International Claremont, CA PURPOSE: ENCOURAGEMENT OF BICYCLING FOR FUN AND FITNESS | $38,550 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Peer Organizations
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|---|---|---|
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Multnomah Athletic Club Portland, OR | $105,959,978 | $39,135,600 |
Monterey Peninsula Country Club Corp Pebble Beach, CA | $64,367,072 | $29,204,016 |
Hillcrest Country Club Los Angeles, CA | $41,243,354 | $25,586,349 |
Big Canyon Country Club Newport Beach, CA | $52,469,000 | $24,831,561 |
Jonathan Club Los Angeles, CA | $60,243,758 | $30,259,062 |
Los Angeles Country Club Los Angeles, CA | $94,895,978 | $18,517,076 |
Vintage Club Indian Wells, CA | $80,320,020 | $28,937,387 |
Brentwood Country Club Los Angeles Los Angeles, CA | $23,132,093 | $17,679,018 |
Waialae Country Club Honolulu, HI | $40,629,667 | $20,651,940 |
Track Town Usa Inc Eugene, OR | $22,816,196 | $29,424,138 |
Eldorado Country Club Indian Wells, CA | $45,757,738 | $18,170,181 |