Civic Intelligence

World Bicycle Relief Nfp

990 • Fiscal year 2012 • EIN 20-5080679

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 12, 2013

1333 N KingsburySuite 4th Flr60642
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

29th percentile

0.06x

Higher debt load relative to assets than 29% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

81st percentile

14%

Faster asset growth than 81% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$4,674,855

Up $583,733 (+14%) from 2011

Net Assets

Up

$4,408,730

Up $1,064,332 (+32%) from 2011

Liabilities

Down

$266,125

Down $480,599 (-64%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$4,029,447

Up $534,116 (+15%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $2,761,062Liabilities 2010: $345,667Net Assets 2010: $2,415,3952010Assets 2011: $4,091,122Liabilities 2011: $746,724Net Assets 2011: $3,344,3982011Assets 2012: $4,674,855Liabilities 2012: $266,125Net Assets 2012: $4,408,7302012Assets 2013: $6,242,280Liabilities 2013: $569,006Net Assets 2013: $5,673,2742013Assets 2014: $8,055,719Liabilities 2014: $756,481Net Assets 2014: $7,299,2382014Assets 2015: $6,157,967Liabilities 2015: $446,969Net Assets 2015: $5,710,9982015Assets 2016: $7,803,080Liabilities 2016: $327,300Net Assets 2016: $7,475,7802016Assets 2017: $6,580,473Liabilities 2017: $332,970Net Assets 2017: $6,247,5032017Assets 2018: $6,070,923Liabilities 2018: $244,755Net Assets 2018: $5,826,1682018Assets 2019: $6,796,861Liabilities 2019: $947,175Net Assets 2019: $5,849,6862019Assets 2020: $9,936,422Liabilities 2020: $367,854Net Assets 2020: $9,568,5682020Assets 2021: $12,872,204Liabilities 2021: $240,399Net Assets 2021: $12,631,8052021Assets 2022: $12,804,362Liabilities 2022: $386,226Net Assets 2022: $12,418,1362022Assets 2023: $13,342,292Liabilities 2023: $2,310,489Net Assets 2023: $11,031,8032023Assets 2024: $10,289,972Liabilities 2024: $2,861,571Net Assets 2024: $7,428,4012024

Highlighted filing

2012

Assets$4,674,855
Liabilities$266,125
Net Assets$4,408,730

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MRevenue 2010: $2,181,154Expenses 2010: $1,505,772Net Income 2010: $675,3822010Expenses 2011: $3,495,3312011Expenses 2012: $4,029,4472012Revenue 2013: $5,369,170Expenses 2013: $4,157,768Net Income 2013: $1,211,4022013Revenue 2014: $7,484,975Expenses 2014: $5,898,510Net Income 2014: $1,586,4652014Revenue 2015: $5,425,703Expenses 2015: $6,990,184Net Income 2015: -$1,564,4812015Revenue 2016: $7,848,601Expenses 2016: $6,106,838Net Income 2016: $1,741,7632016Revenue 2017: $7,934,173Expenses 2017: $9,162,450Net Income 2017: -$1,228,2772017Revenue 2018: $8,232,170Expenses 2018: $8,648,935Net Income 2018: -$416,7652018Revenue 2019: $8,306,641Expenses 2019: $8,266,090Net Income 2019: $40,5512019Revenue 2020: $9,592,329Expenses 2020: $5,874,932Net Income 2020: $3,717,3972020Revenue 2021: $12,410,061Expenses 2021: $10,403,640Net Income 2021: $2,006,4212021Revenue 2022: $12,236,304Expenses 2022: $12,421,825Net Income 2022: -$185,5212022Revenue 2023: $15,524,972Expenses 2023: $16,474,407Net Income 2023: -$949,4352023Revenue 2024: $14,318,779Expenses 2024: $13,636,350Net Income 2024: $682,4292024

Highlighted filing

2012

Revenue-
Expenses$4,029,447
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Aug 12, 2013
Return Version
2012v2.1
Gross Receipts
$5,344,273
Mission and Program Overview

Mission

World bicycle relief (the corporation) is organized and operated exclusively for charitable and educational purposes in accord with sec. 501(c)(3) of the internal revenue code of 1986 (or a corresponding provision of any future united states internal revenue law, referred to below as the code. More specifically, world bicycle relief is organized to help people in disaster-stricken or impoverished areas of the world to achieve independence and a means to obtain a livelihood by providing them with access to low- or no-cost bicycles.

Major Activities

Activity 2
WBR's social enterprise program is an economic development initiative launched to fill the gap for high quality, culturally appropriate bicycles in the developing world. Non-governmental organizations and aid organizations addressing education, healthcare and economic development, as well as individual entrepreneurs across Africa have turned to WBR's expertise in bicycle design to address their need for simple, sustainable transportation. Distribution of WBR bicycles through our social enterprise program helps these organizations and individuals accomplish their goals efficiently. Some examples of organizations using our bicycles to achieve their missions include UNICEF, CARE, World Vision, Catholic Relief Services, and the World Food Programme. In 2012, this program continued in Kenya, Zimbabwe, Zambia, and South Africa, where WBR distributed 19,517 bicycles through the Social Enterprise program.
Activity 3
In 2012, World Bicycle Relief and Specialized Bicycles worked in partnership with the International Medical Corp. to provide 500 bicycles to help healthcare workers treat HIV/AIDS, patients, children, pregnant women, and mothers facing malnutrition in rural Kenya.
Filing and Contact Details

Filer

EIN
20-5080679
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IRS990/Description0In mid-2009, WBR launched an education focused initiative called the Bicycles for Educational Empowerment Program (BEEP), which is designed to improve education outcomes for rural students in Sub-Saharan Africa. The program uses the power of bicycles to help improve school attendance and academic performance; bicycle recipients are chosen based on distance to school, with preference given to students in need, particularly female students. Initial results from the program show grades and attendance increasing while child pregnancy and other health risks such as HIV/AIDS rates are decreasing. Bicycle supervisory committees select those students most in need and then oversee their bicycle usage. Every recipient receives basic training about bicycle maintenance and safety, and signs a contract of commitment when receiving his or her bike. In 2012, WBR distributed about 7,076 bicycles. The BEEP program expanded into Zimbabwe as well where it distributed 149 bicycles, starting in late 2012.
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IRS990/MissionDescription0WORLD BICYCLE RELIEF (THE CORPORATION) IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES IN ACCORDANCE WITH SEC. 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (OR A CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW, REFERRED TO BELOW AS THE "CODE"). MORE SPECIFICALLY, WORLD BICYCLE RELIEF (WBR) IS ORGANIZED TO HELP PEOPLE IN DISASTER-STRICKEN OR IMPOVERISHED AREAS OF THE WORLD TO ACHIEVE INDEPENDENCE AND A MEANS TO OBTAIN A LIVELIHOOD BY PROVIDING THEM WITH ACCESS TO LOW- OR NO-COST BICYCLES.
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IRS990/PrepaidExpensesDeferredCharges/EOY0149385
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenue/BusinessCode0900099
IRS990/ProgramServiceRevenue/BusinessCode1900099
IRS990/ProgramServiceRevenueCY0481316
IRS990/ProgramServiceRevenue/Description0BICYCLE SOCIAL ENTERPRISE PROGRAM
IRS990/ProgramServiceRevenue/Description1AFRICA RIDES
IRS990/ProgramServiceRevenuePriorYear0207929
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome0392687
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome188629
IRS990/ProgramServiceRevenue/TotalRevenueColumn0392687
IRS990/ProgramServiceRevenue/TotalRevenueColumn188629
IRS990/ProhibitedTaxShelterTrans0false
IRS990/QuidProQuoContributions0true
IRS990/QuidProQuoDisclosure0true
IRS990/ReceivablesFromDisqualPersons/BOY00
IRS990/ReceivablesFromDisqualPersons/EOY00
IRS990/ReceivablesFromOfficersEtc/BOY00
IRS990/ReceivablesFromOfficersEtc/EOY00
IRS990/ReconcilationOtherChanges0-15286
IRS990/ReconcilationRevenueExpenses01035398
IRS990/ReconciliationUnrealizedInvest044220
IRS990/RegularMonitoringEnforcement0true
IRS990/RelatedEntity0true
IRS990/RelatedOrgControlledEntity0true
IRS990/RentalIncomeOrLoss/Personal00
IRS990/RentalIncomeOrLoss/Real00
IRS990/ReportFin48Footnote0true
IRS990/ReportInvestOthSecurities0true
IRS990/ReportLandBldgEquip0true
IRS990/ReportOtherAssets0false
IRS990/ReportOtherLiabilities0true
IRS990/ReportProgRelInvest0true
IRS990/Revenue088629
IRS990/RevenuesLessExpensesCY01035398
IRS990/RevenuesLessExpensesPriorYear0950484
IRS990/RoyaltiesRevenue/ExclusionAmount042058
IRS990/RoyaltiesRevenue/TotalRevenueColumn042058
IRS990/Royalties/Total00
IRS990/SalariesEtcCurrentYear01524034
IRS990/SalariesEtcPriorYear01334686
IRS990/SavingsAndTempCashInvestments/BOY01042905
IRS990/SavingsAndTempCashInvestments/EOY01380278
IRS990ScheduleA/AmtsFromSubstContributors/Total00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$10.3$2.86$7.43$14.3$13.6$0.68
2023Summary only. Only limited summary data is available for this year.$13.3$2.31$11.0$15.5$16.5$0.95
2022Summary only. Only limited summary data is available for this year.$12.8$0.39$12.4$12.2$12.4$0.19
2021Summary only. Only limited summary data is available for this year.$12.9$0.24$12.6$12.4$10.4$2.01
2020Summary only. Only limited summary data is available for this year.$9.94$0.37$9.57$9.59$5.87$3.72
2019Summary only. Only limited summary data is available for this year.$6.80$0.95$5.85$8.31$8.27$0.04
2018Summary only. Only limited summary data is available for this year.$6.07$0.24$5.83$8.23$8.65$0.42
2017Summary only. Only limited summary data is available for this year.$6.58$0.33$6.25$7.93$9.16$1.23
2016Summary only. Only limited summary data is available for this year.$7.80$0.33$7.48$7.85$6.11$1.74
2015Summary only. Only limited summary data is available for this year.$6.16$0.45$5.71$5.43$6.99$1.56
2014Summary only. Only limited summary data is available for this year.$8.06$0.76$7.30$7.48$5.90$1.59
2013Summary only. Only limited summary data is available for this year.$6.24$0.57$5.67$5.37$4.16$1.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$0.27$4.41$4.03
2011Summary only. Only limited summary data is available for this year.$4.09$0.75$3.34$3.50
2010Summary only. Only limited summary data is available for this year.$2.76$0.35$2.42$2.18$1.51$0.68
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2012 filings • 501(c)3 • $5M-$10M nonprofits