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Free Bikes 4 Kidz Mn

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271199089 ✦ Plymouth, MN ✦ Designated as a 501(c)(3)

Overview

What is Free Bikes 4 Kidz Mn?

Free Bikes 4 Kidz Mn is a compassionate nonprofit organization situated in Plymouth, Minnesota. Established 15 years ago, their mission is to contribute positively to children's well-being by offering them bicycles. During the 2022 fall season, they successfully collected 5,749 bikes, despite the challenges posed by COVID-19. With the help of 803 volunteers, they refurbished and distributed 11,298 bikes to underprivileged children in the community. In 2022, they collaborated with local nonprofit partners to identify and distribute the bikes effectively. The bikes collected in the previous year, amounting to 6,378, were distributed during the spring season, and the remaining 4,920 were distributed during the fall season. As a result, they ended the year with no inventory, demonstrating their commitment to ensuring every child in need has the opportunity to own a bicycle. The organization relies on public donations of gently used bikes and employs a large volunteer force to clean and refurbish them, promoting community engagement and environmental sustainability.


Official website here: www.fb4kmn.org

Is Free Bikes 4 Kidz Mn legitimate?

Free Bikes 4 Kidz Mn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Free Bikes 4 Kidz Mn submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $66,683
Professional Fundraising Fees: $0
Other Salaries and Wages: $198,629

For more financial information, click here


Official website here: www.fb4kmn.org

What is the mission statement of Free Bikes 4 Kidz Mn?

Free Bikes 4 Kidz Mn, a non-profit organization, is dedicated to enhancing the well-being of children by providing them with bicycles. The public contributes gently used bikes, and the organization mobilizes volunteers to clean and refurbish these bikes thoroughly. In a typical year, Free Bikes 4 Kidz Mn collects thousands of bikes, which are then distributed to children in need through collaborations with local nonprofit partners. In 2022, despite the challenges posed by COVID-19, the organization managed to collect 5,749 bikes during the fall season and refurbish them with the help of 803 volunteers. Over the course of the year, a significant number of bikes were distributed, ensuring that many children had the opportunity to enjoy the joy of cycling.


Official website here: www.fb4kmn.org

Who is the CEO of Free Bikes 4 Kidz Mn?

Jeff Lundgren is the Mn Executive Director (Former) of Free Bikes 4 Kidz Mn.


Official website here: www.fb4kmn.org

What is the revenue of Free Bikes 4 Kidz Mn?

Free Bikes 4 Kidz Mn's revenue in 2022 was $833,262.


Official website here: www.fb4kmn.org

Who are the executives of Free Bikes 4 Kidz Mn and what are their salaries?

The average compensation at Free Bikes 4 Kidz Mn during 2022 was $8,844. There are 30 employees and 803 volunteers at Free Bikes 4 Kidz Mn.

Here are 16 key members and their salaries:

    Tia Martinson (Mn Executive Director (Former))
  • Compensation: $51,450
  • Related: $0
  • Other: $8,648

    • Jay Zemke (Mn Executive Director)
  • Compensation: $6,212
  • Related: $0
  • Other: $373

    • Maureen Vischer (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Kennedy (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Swartz (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Lundgren (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Rulifson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Borstad (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joan Weber (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adam Clarke (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Britt Monson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gretchen Graham (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Stone (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Hoeppner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Wolpers (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicholas Garbis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fb4kmn.org

    Where can I find the form 990 for Free Bikes 4 Kidz Mn?

    The Free Bikes 4 Kidz Mn’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fb4kmn.org

    Learn more at the official website: www.fb4kmn.org

    Mission Statement of Free Bikes 4 Kidz Mn

    Free Bikes 4 Kidz MN, a non-profit organization, is dedicated to enhancing the lives of children by providing them with bicycles. The mission of this charitable entity is to enable kids to experience the joy of cycling, thereby contributing to a happier and healthier childhood for those who are less fortunate. The organization achieves this by encouraging public donations of gently used bikes. Thousands of volunteers then step in to clean and refurbish these bikes, ensuring they are in optimal condition before being distributed.

    Free Bikes 4 Kidz MN operates on a seasonal basis, with the 2022 season marking its 15th year. Despite the challenges posed by the ongoing COVID-19 pandemic, the organization was able to collect 5,749 bikes during the fall season. With the help of volunteers from the community, these bikes were refurbished, resulting in 11,298 bikes being made available for distribution. Free Bikes 4 Kidz MN collaborates with local nonprofit community partners to identify and distribute these bikes to children in need, ensuring that no bike goes unused. In the preceding year, 6,378 bikes were distributed during the spring season, while 4,920 bikes were distributed during the fall season, leaving no inventory at the end of 2022.

    Impact

    This information is meant to be a general summary of Free Bikes 4 Kidz Mn. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Free Bikes 4 Kidz Mn's impact is significant in helping kids ride into a happier, healthier childhood by providing bikes to those in need. In 2022, they collected 5,749 bikes and organized 803 volunteers to clean and refurbish 11,298 bikes. Working with local nonprofit partners, they distributed 6,378 bikes in the spring and 4,920 bikes in the fall, leaving no inventory at the end of the year. This effort has directly benefited the community by providing transportation and promoting physical activity among children facing challenges.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $224
  • Program Service Revenue: $0
  • Gross Receipts: $913,298

    • Assets and Liabilities:
  • Total Assets: $344,094
  • Total Liabilities: $178,485
  • Net Assets: $165,609
  • Organization Details

    Founding Year

    2009

    Principal Officer

    Jeff Lundgren

    Main Address

    PO Box 46385, Plymouth, MN, 55446

    NTEE Category

    Code: P60 - Human services

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