EIN 46-1608203

Silicon Valley Bicycle Exchange

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
2013
Most recent tax filings
2023-12-01
Description
Silicon Valley Bicycle Exchange is dedicated to serving the community and inspiring people to learn the art of bicycle repair. It opened a small community bike shop that circulates inexpensive, high-quality, gently-used bicycles back into the community. In 2021, it sold 452 reasonably priced bicycles. To promote bicycle repair education, it hosted skills-sharing events that were supported by and attended by 779 volunteers who collectively volunteered over 11,128 hours of their time.
Total revenues
$429,049
2023
Total expenses
$259,509
2023
Total assets
$937,868
2023
Num. employees
2
2023

Program areas at Silicon Valley Bicycle Exchange

Silicon Valley Bicycle Exchange donated 884 bicycles to charitable organizations supporting children, military veterans, and the homeless. The dates and recipients of these donations are detailed on Schedule O. Over 400 bikes were repaired at off-site events held at schools and other venues. 342 locks, 150 helmets, and 131 light sets were donated.
Silicon Valley Bicycle Exchange promoted bicycle repair education by hosting 133 skills sharing events that were supported by and attended by 610 volunteers, who collectively volunteered over 11,039 hours of their time.
The Silicon Valley Bicycle Exchange has opened a small community bike shop that circulates inexpensive, high-quality, gently-used bicycles back into the community. The bicycle exchange sold 677 reasonably priced bicycles in 2021. The vast majority of these bicycles are repaired by volunteers which gives the volunteers the opportunity to learn bicycle repair techniques. Income from the community bike shop is used to support the exchanges other programs such as bicycle donations and bicycle repair events.

Who funds Silicon Valley Bicycle Exchange

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Online Giving FoundationGeneral Support$46,310
AmazonSmile FoundationGeneral Support$83

Personnel at Silicon Valley Bicycle Exchange

NameTitleCompensation
Andrew YeeExecutive Director$113,000
David ForkPresident$0
Lucy HsuTreasurer and Board Member$0
Roger Conley-SmithSecretary and Board Member$0
Dave ForkPresident
...and 2 more key personnel

Financials for Silicon Valley Bicycle Exchange

RevenuesFYE 12/2023
Total grants, contributions, etc.$112,932
Program services$0
Investment income and dividends$17,722
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$298,395
Miscellaneous revenues$0
Total revenues$429,049

Form 990s for Silicon Valley Bicycle Exchange

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-12990View PDF
2022-122023-06-23990View PDF
2021-122022-11-12990View PDF
2020-122021-12-25990View PDF
2019-122021-12-14990View PDF
...and 6 more Form 990s

Organizations like Silicon Valley Bicycle Exchange

OrganizationLocationRevenue
Ymca Alliance of Northern New EnglandBoothbay Harbor, ME$869,930
YMCA of North Central West VirginiaClarksburg, WV$1,307,573
The Fenway Community Center at ViridianBoston, MA$141,443
Rose Hill Community CenterMagnolia, MS$559,362
Young Men's Christian Association (YMCA)Gainesville, FL$968,203
YmcaEnterprise, AL$1,141,262
Legacy YmcaBirmingham, AL$1,811,292
Washington County Family YmcaSalem, IN$1,164,538
Young Mens Christian Association of Lawton OklahomaLawton, OK$1,492,012
Titusville YmcaTitusville, PA$1,309,983
Data update history
September 22, 2024
Used new vendors
Identified 1 new vendor, including
September 21, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $46,310 from American Online Giving Foundation
August 23, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 19, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Parks and recreation centersHuman service organizationsCharities
Issues
Human services
Characteristics
Partially liquidatedCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
3961 E Bayshore Rd
Palo Alto, CA 94303
Metro area
San Jose-Sunnyvale-Santa Clara, CA
County
Santa Clara County, CA
Website URL
bikex.org/ 
Phone
(650) 691-5989
IRS details
EIN
46-1608203
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P20: Human Service Organizations
NAICS code, primary
713940: Fitness and Recreational Sports Centers
Parent/child status
Independent
Free account sign-up

Want updates when Silicon Valley Bicycle Exchange has new information, or want to find more organizations like Silicon Valley Bicycle Exchange?

Create free Cause IQ account