The Bike Connector Inc
- Assets
- $44.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lowell, MA
- Founding
- Data as of
- 12/2021
- EIN
- 85-0694465
Organization Overview
The Bike Connector Inc is located in Lowell, MA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bike Connector 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, Bike Connector Inc generated $80.1k in total revenue. All expenses for the organization totaled $41.4k during the year ending 12/2021. While expenses have increased by 124.1% 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 AN AFTER SCHOOL AND SUMMER SCHOOL EARN-A-BIKE PROGRAM FOR LOWELL HIGH SCHOOL STUDENTS; REFURBISHED AND DISTRIBUTED BIKES TO COMMUNITY MEMBERS; DELIVERED MOBILE REPAIR SERVICES TO KEEP RIDERS ON THEIR BIKES; COLLECTED BIKES FROM INDIVIDUALS AND MUNICIPALITIES;
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patty Grasso Clerk | 10 | $0 | |
Wade Rubinstein President | 20 | $0 | |
Philip Posner Director | 4 | $0 | |
Richard Fahlander Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,136 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,136 |
| 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 | $800 |
| Occupancy, rent, utilities, and maintenance | $25,742 |
| Printing, publications, postage, and shipping | $610 |
| Other expenses | $6,739 |
| Total expenses | $41,391 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,645 |
| Other assets | $0 |
| Total assets | $44,145 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,145 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Bike Connector Inc has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
Charles Butcher Fdn Concord, MA PURPOSE: REFUGEE SUPPORT THROUGH BICYCLES | $4,000 |
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Jewish Family & Childrens Service Pittsburgh, PA | $22,894,637 | $12,787,096 |
International Brotherhood Of Elect Rical Workers Afl Cio Local Union Reading, PA | $13,723,869 | $11,802,055 |
Waterkeeper Alliance Inc New York, NY | $5,512,348 | $11,721,218 |
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