EIN 85-0780785

Free Bikes 4 Kidz

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2020
Most recent tax filings
2022-12-01
Description
Free Bikes 4 Kidz passionately brings communities together and sustainably furnishes bikes to kids in need, providing a pathway to health, happiness, and opportunity. With affiliates in 19 cities and a goal of expanding to 100 markets nationally, FB4K collected donated bikes from members of their communities in 2022. Thousands of volunteers were organized to clean and refurbish the bikes for distribution. In addition, FB4K's new program delivered an additional 1,800 bikes to their affiliates for children in need. This program focuses on working with partners to increase impact.
Total revenues
$308,020
2022
Total expenses
$370,292
2022
Total assets
$39,261
2022
Num. employees
0
2022

Program areas at Free Bikes 4 Kidz

Free Bikes 4 Kidz (FB4K) currently has affiliates in 19 cities with a goal of expanding to 100 markets nationally. In 2022, our affiliates collected donated bikes from members of their communities, organized thousands of volunteers to clean and refurbish them, and finally, partnering with local nonprofits, they gave over 26,000 bikes to children in need. As a byproduct of this process, we have kept tens of thousands of bikes out of landfills in 2022. Any bike that is beyond repair is stripped down for salvageable parts and then sent to a local recycling center. Not only have we made 26,000 kids smile in 2022, enabling them to ride into a happier and healthier future, we have engaged the community in doing so, while doing our part to save the planet.
In 2022, Free Bike 4 Kidz created a new program which enabled us to to augment our affiliates' impact by arranging for an additional 1,800 bikes to be delivered to them for distribution to children in need in their markets. This new program focuses on working with bike manufacturing and retail partners to source the bikes, eliminating waste and inefficiencies in their process. We are excited to see this program grow in the years to come.

Grants made by Free Bikes 4 Kidz

GranteeGrant descriptionAmount
Free Bikes 4 Kidz MorgantownDonated Bikes To Augment Their 2022 Collection and Donations.$0
FB4K DelawareDonated Bikes To Augment Their 2022 Collection and Donations.$0
Free Bikes 4 Kidz PhoenixDonated Bikes To Augment Their 2022 Collection and Donations.$0
...and 1 more grant made

Who funds Free Bikes 4 Kidz

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
4 Cornerstones FoundationGeneral Support$25,000
National Philanthropic TrustHuman Services$10,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$7,973
...and 3 more grants received

Personnel at Free Bikes 4 Kidz

NameTitleCompensation
Terry EsauExecutive Director$84,000
Jeff LundgrenTreasurer$0
Milissa RickChair$0

Financials for Free Bikes 4 Kidz

RevenuesFYE 12/2022
Total grants, contributions, etc.$308,000
Program services$0
Investment income and dividends$20
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$308,020

Form 990s for Free Bikes 4 Kidz

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-18990View PDF
2021-122022-05-13990EZView PDF

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Data update history
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $25,000 from 4 Cornerstones Foundation
December 1, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 30, 2023
Updated personnel
Identified 2 new personnel
November 26, 2023
Received grants
Identified 2 new grant, including a grant for $11,580 from Free Bikes 4 Kidz MN
November 25, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
Nonprofit Types
Grantmaking organizationsYouth development programsYouth service charitiesHeadquarter / parent organizationsCharities
Issues
Human servicesChildren
Characteristics
Provides grantsPartially liquidatedCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
3030 France Ave S Suite 310
St Louis Park, MN 55416
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
fb4k.org/ 
Phone
(952) 457-4858
IRS details
EIN
85-0780785
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
O50: Youth Development Programs, Other
NAICS code, primary
624110: Child and Youth Services
Parent/child status
Independent
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