Civic Intelligence

World Bicycle Relief Nfp

990 • Fiscal year 2022 • EIN 20-5080679

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 28, 2023

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1000 West Fulton MarketChicago, IL 60607

(312) 664-3604

Siviq Scores

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

Liabilities / Assets

24th percentile

0.03x

Higher debt load relative to assets than 24% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

14th percentile

0.03x

Higher debt load relative to revenue than 14% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

27th percentile

-1.5%

Higher net margin than 27% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

85th percentile

$362,122

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

47th percentile

-0.5%

Faster asset growth than 47% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

39th percentile

-1.4%

Faster revenue growth than 39% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$12,804,362

Down $67,842 (-0.5%) from 2021

Net Assets

Down

$12,418,136

Down $213,669 (-1.7%) from 2021

Liabilities

Up

$386,226

Up $145,827 (+61%) from 2021

Revenue

Down

$12,236,304

Down $173,757 (-1.4%) from 2021

Expenses

Up

$12,421,825

Up $2,018,185 (+19%) from 2021

Net Income

Down

-$185,521

Down $2,191,942 (-109%) from 2021

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

2022

Assets$12,804,362
Liabilities$386,226
Net Assets$12,418,136

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

2022

Revenue$12,236,304
Expenses$12,421,825
Net Income-$185,521
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 28, 2023
Return Version
2022v5.0
Gross Receipts
$12,326,863
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.

World bicycle relief mobilizes communities in rural regions around the (continued in schedule o) world to thrive with life changing bicycles. By combining (bicycle) product development with community-led programming and social enterprise, students, community service providers, farmers and entrepreneurs can improve their access to education, healthcare and economic opportunities with a purpose-designed buffalo bicycle, supported by an ecosystem of sustainable mobility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$8,606,054$10,741,709▲ $2,135,655
Pledges and Grants Receivable$1,252,965$952,963▼ $300,002
Savings and Temporary Cash Investments$2,687,507$832,486▼ $1,855,021
Prepaid Expenses and Deferred Charges$170,999$187,823▲ $16,824
Land, Buildings, and Equipment, Net$154,679$89,381▼ $65,298
Total Assets$12,872,204$12,804,362▼ $67,842
Liabilities
Accounts Payable and Accrued Expenses$239,859$321,684▲ $81,825
Other Liabilities$540$64,542▲ $64,002
Grants Payable-$0-
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Total Liabilities$240,399$386,226▲ $145,827
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,531,884$12,318,136▼ $213,748
Net Assets With Donor Restrictions$99,921$100,000▲ $79
Total Net Assets Fund Balance$12,631,805$12,418,136▼ $213,669
Total Liabilities and Net Assets / Fund Balance$12,872,204$12,804,362▼ $67,842

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$60,622$279,523$340,145
Other Land Buildings$28,759$163,786$192,545
Investment Program Related Org$146,419--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric Showell Thru 0822Program DirectorFT$191,164$170,958$362,122
David NeiswanderCEOFT$312,528$12,386$324,914
Alisha MyersSii DirectorFT$153,467$104,508$257,975
Jeffrey BoskenTreasurer & Corp SecretaryFT$208,911$29,264$238,175
Andrew SamwaysVP of Product DevelopmentFT$136,986$92,745$229,731
Adrienne KareckiED DEVELOPMENT + COMMUNICATIONSFT$223,269$6,439$229,708
Susan BornsteinEd Institutional MarketsFT$178,482$11,718$190,200

Board Members and Trustees

NameTitle
Damaris ParsitauBoard Member
David Tswamuno Thru 1122Board Member
Frederick Kw DayBoard Member
Leah Missbach DayBoard Member
Liz Kellison as of 0222Board Member
Michael Robert HerrBoard Member
Nathaniel Heller as of 1222Board Member
Oren Wyche-shaw Thru 0522Board Member
PETER O'HAGANBoard Member
Robert PerkowitzBoard Member
Stanley DayBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Causemic LLCMarketing & Development2034 N KILLINGSWORTH ST, Portland, OR 97217$346,700
Arnold & Porter Kaye Scholer LLPLegal601 MASSACHUSETTS AVE, Washington, DC 20001$185,418
Grant Thornton LLPAccounting171 N CLARK STREET SUITE 200, Chicago, IL 60601$142,402
Revenue and Support

Revenue Composition

Contributions and Grants
$12,203,140
Program Service Revenue
$0
Investment Income
$33,274
Other Revenue
$-110
All Other Contributions
$10,651,513
Change in Net Assets
$-185,521

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded17$619,714Fair Market Value (FMV)
Total Noncash Contributions17$619,714-

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,369,755
Revenue Not Reported on Financial Statements
$-133,451
Revenue Not Reported on Form 990
$1,286,056
Other Revenue Adjustments
$-133,451
Total Revenue per Audited Statements
$13,655,811
Total Revenue per Form 990
$12,236,304
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,393,663
Grants and Similar Amounts Paid$4,347,316
Other Expenses$3,680,846
Total Fundraising Expense$2,740,715
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$4,347,316--$4,347,316
Other Salaries and Wages$1,479,213$413,535$1,333,514$3,226,262
Fees for Services Other$366,621$96,277$535,659$998,557
Current Officers, Directors, Trustees, and Key Employees$362,404$181,194$19,491$563,089
Travel$343,967$121,217$90,108$555,292
Fees for Services Legal$15,746$399,190$4,661$419,597
Office Expenses$101,312$90,097$192,377$383,786
Fees for Services Accounting-$332,272-$332,272
Information Technology$50,335$195,467$76,434$322,236
Other Employee Benefits$151,562$43,864$68,357$263,783
Payroll Taxes$99,552$50,615$85,710$235,877
Conferences and Meetings$42,342$17,169$134,146$193,657
Advertising$68,611$329$122,492$191,432
Pension Plan Contributions$54,883$15,050$34,719$104,652
Depreciation Depletion$60,847$14,140$23,743$98,730
Insurance$5,208$50,972$1,107$57,287
Occupancy$43,022-$7,520$50,542
Interest-$42,904-$42,904
Other Expenses$21,526$2,351$779$3,130
Total Functional Expenses$7,614,467$2,066,643$2,740,715$12,421,825

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$13,707,042
Expenses per Audited Statements$12,421,825
Total Expenses per Form 990$12,421,825
Expenses Not Reported on Form 990$1,285,217
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
11
Employees
1
Spending
$4,368,842

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-saharan AfricaGrantmakingBicycles40$1,950,249
Sub-saharan AfricaGrantmakingMobilized Communities40$1,855,325
South AmericaGrantmakingBicycles10$445,910
South AmericaGrantmakingMobilized Communities10$95,832
Europe (including Iceland & Greenland)Intercompany Service ExpenseNew Product Development11$21,526
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Fk DaySubstantial Cont.Bus. Rel.No$1,434,036
Sram LLCTrustees/officersServicesNo$177,305
Stan DaySubstantial Cont.Bus. Rel.No$127,021
Michael HerrSubstantial Cont.Bus. Rel.No$13,015
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Wbr Zimbabwe$64,542
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The board of directors shall have power to appoint committees for the purpose of conducting certain aspects of the corporate business not otherwise delegated. Committees may not act on behalf of the corporation unless such authority is specifically delegated to the committee, and if such corporate authority is so delegated, it shall be valid only as to a single issue and not in general terms. The board of directors may from time to time appoint advisory boards or special councils for specific purposes that do not require corporate action. The composition of such advisory groups may include persons with professional skills or special experience necessary to advise and inform the board of directors. Such advisory groups shall not have the authority to commit the corporation to any legal contracts or agreements whether or not related to the business of the corporation. The board of directors shall not lend apparent authority to such advisory groups and all related corporate resolutions shall expressly limit the groups' authority in this respect.

Form 990, Part VI, Section A, Line 2

Family relationships board members stanley day and chairman frederick k.w. Day have a family relationship. Michael herr, stanley day, and frederick k.w. Day have a business relationship.

Form 990, Part VI, Section B, Line 11B

Form 990 review process the cfo, and treasurer reviewed a draft of the form 990 that was prepared by a third-party tax preparer, grant thornton, based upon information wbr provided the preparer. Subsequent to their review, management and the full voting board received a copy of the draft return electronically. The board provided any questions or comments to the ceo and treasurer and the form 990 was revised, as necessary. The full voting board of directors received a copy of the form 990 prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy monitoring & enforcement the responsibility for disclosing any known or reasonably foreseen actual or potential conflicts of interest shall be upon the interested party whose interests are or may appear to be in conflict. All interested parties are required to file a disclosure statement with wbr prior to such individual commencing his or her service with wbr and thereafter shall file with wbr an updated disclosure statement as may be required from time to time by the board of directors or its committee designee, and in no event less often than annually. The minutes shall reflect that the conflict of interest was disclosed and the interested person was not present during any discussion of the matter and did not vote on the matter in person or by proxy. When any such conflict of interest is relevant to a matter requiring action by the board of directors or any committee of the board, the interested person shall disclose such conflict to the board of directors or such committee; and shall not vote on the matter. Further, the interested person having a conflict shall retire from the room in which the board or the committee is meeting and shall not participate in any deliberation or decision regarding the matter under consideration. When there is a doubt as to whether a conflict of interest exists, the matter shall be resolved by a vote of the board of directors or the committee, as the case may be, excluding the interested person concerning whom the doubt has arisen. The board of directors, from time to time, shall report on its implementation of these guidelines and the status of any policy developments regarding compensation and conflicts of interest. Further, the board of directors shall report after having been alerted to specific instances when these guidelines have not been followed or any other issue regarding compensation or conflict of interest is determined to exist.

Form 990, Part VI, Section B, Line 15

Compensation review wbr establishes a rebuttable presumption that the compensation paid to the ceo and other executives is reasonable. Wbr establishes a position by comparing the compensation of its ceo and other executives against 10 similar size nonprofits in wbr's peer group and third-party market data provided by grant thornton. The data used for the comparison is taken from the 990, annual report and audited financial statements from the 10 nonprofits and third-party data bases accessed by grant thornton. The final analysis is presented to the board of directors of wbr and salaries are approved yearly at the february board meeting. Compensation review by independent persons compensation is established for the ceo and treasurer by the board after a thorough salary/market review by a third party. This salary/market review process was completed in 2019 by grant thornton. Each year the board evaluates the ceo and treasurer's performance through an assessment process. The board uses this data to determine compensation. The senior staff has a comprehensive performance evaluation and compensation review done at the end of each calendar year. Salary is benchmarked regularly vis-a-vis other similar organizations using form 990 data. Documentation of the compensation review is contemporaneously documented in the human resources files.

Form 990, Part VI, Section C, Line 19

Governing documents available to public the following documents are posted on the organization's website and available upon request: articles of incorporation, bylaws, conflict of interest policy, and audited financial statements.

Filing and Contact Details

Filer

Filer Name
World Bicycle Relief Nfp
EIN
20-5080679
Phone
3126643604
Address
1000 WEST FULTON MARKET, CHICAGO, IL 60607

Signing Officer

Name
Jeff Bosken
Title
Director of Finance
Phone
3126643604
Signed
2023-07-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David H Neiswander
Formed
2006
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
6
Employees
32
Volunteers
20

Preparer

Firm
Grant Thornton Llp
Address
171 N CLARK ST STE 200, CHICAGO, IL 60601
Preparer
Bridget T Roche
Phone
3128560200
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:(CONTINUED)

We address the systemic challenges of distance and rural mobility by manufacturing a bicycle specially designed to meet the needs and preferences of people in low income regions dealing with rough roads and heavy loads in rural areas. Rugged, affordable, long-lasting, and locally-assembled, wbr distributes the buffalo bicycle to health care providers, students, farmers, and other community service workers who cannot afford to buy them. We support a sustainable bicycle mobility ecosystem for bicycle riders by, training local bicycle mechanics, providing market-based access to spare parts, and nurturing community ownership of programming for long-term impact. Since 2005, wbr has distributed 712,000 purpose-built bicycles (as of december 2022), impacting an estimated 3.56 million individuals across 21 countries. We learn and adapt programming based on user and parnter feedback, rigorously measure results, and iterate the buffalo bicycle and our programs to optimize impact. Illustrative results * education: wbr's education programming in zambia was the subject of a recent studyan independent randomized controlled trialled by innovations for poverty action. The study found that over just one year, girls with our buffalo bicycles and supportive programming achieved a 66% increase in punctuality, 28% reduction in absenteeism, 33% reduction in time to travel to school (saving them nearly six hours a week), improved math scores, and increased feelings of safety. As importantly, the researchers also found statistically significant improvements in an array of measures of girls' empowerment, such as pro-sociality, locus of control, bargaining power, fertility preferences, and self-image. A follow up evaluation found girls with buffalo bicycles for two years were 19% less likely to drop out of school. * health: on two u.s. Agency for international development funded health focused activities, the projects found that with a buffalo bicycle, health workers in kenya increased their monthly patient visits 88%, boosted patient referrals up to 50%, and contributed to tuberculosis drug defaulter rates dropping to 0% in a sample of clinics. In zambia, where retaining volunteer health workers can be a major challenge, the project found that with a two-year service-to-own incentive agreement for a bicycle, health worker retention rates reached 95%. * livelihoods: through a partnership with a local zambian dairy cooperative providing milk to parmalat, wbr has been selling buffalo bicycles to small holder dairy farmers. With their bicycle, the cooperative's farmers increased their deliveries by 25% and incomes by 23%, while maintaining a 100% repayment rate. In support of a food and agriculture organization activity promoting conservation agriculture practices, lead farmers that were provided buffalo bicycles increased their follower farmer visits by 120%, 79% of lead farmers were able to visit more follower farmers per month, and time to market dropped by 45%, saving 3.5 hours per week while reducing post-harvest losses. The need according to the world bank, one billion people lack access to economic opportunities, markets, healthcare, and education due to distance. In africa alone, 70% of the rural population lack access to all season road and transport services, and primarily rely on walking. Rural households face several barriers preventing them from overcoming the challenge of distance. In sparsely populated geographies, national and local governments provide few public transport options. Personal transport assets, like bicycles and motorbikes, are relatively expensive for low income households, and rural households also have limited access to financial services and products. And, even if a household purchases a personal transport asset, those available tend to be of poorer quality, don't last long, don't meet the household's needs, are costly to maintain, and have limited options for spare parts and maintenance. As a result, distance and lack of

FORM 990, PART III, LINE 4A: (CONTINUED)

We also establish links to our social enterprise business buffalo bicyclesto sell buffalo bicycles and spare parts, ensuring expanded access and sustainable bicycle use in the communities. After an assessment of needs and potential impact of bicycle programming, local committees within each community shape and manage programs to address their needs. These bicycle supervisory committees also oversee local bicycle mechanics and offer support to program participants. Women and girls are prioritized in the mobilized community program due to the additional mobility barriers they often face. Our theory of change is based on the hypothesis that if communities help identify the distance barriers they face and co-design solutions, are supported to create local management structures, and are provided with high quality buffalo bicycles, supported by wbr-trained community mechanics and access to spare parts, then they will manage community bicycle programs and benefit from improved transportation to goods and services. That will result in improved household access to markets, community structures and services, girl and boy school attendance, maintained bicycles, and sustainable community owned bicycle programs. Over the long-term, we expect the mobilized communities approach will result in improved productivity, increased and diversified household incomes, improved education and healthcare, and other empowerment outcomes. These outcomes, supported by wbr's holistic bicycle ecosystem, will result in people and communities being independent and thriving.

FORM 990, PART III, LINE 4B: (CONTINUED)

That's why wbr's product development team constantly works to improve the bicycle and its spare parts: to help ensure the sustainability and advancement of all programs that use the buffalo bicycle. Wbr's guiding principle of all answers are found in the field means that design decisions are framed by the landscape of locally available spare parts, tools and repair expertise, as well as cultural considerations about how bikes are likely to be used and maintained. This often results in using unconventional components on the bikes. The coaster brake, for example, slows the rear wheel through a back-pedaling action. This seemingly antiquated design, now typically found only on children's bikes, requires no cables to operate. This may be a trivial consideration in the united states, where brake cables are easy to find. But as they are not commonly available in the countries in which wbr operates, the advantage of a cable-free brake is significant. Wbr's product development team aims to be considerate of the realities of where our bikes are used. However, wbr also feels it has a responsibility to improve the experience of owning and using a bicycle. Where the available spare parts are inadequate, wbr seeks to make better parts available. Where availability is limited, wbr seeks to improve distribution and access through its network of trained mechanics and growing network of local shops. The design of the bicycle is dynamic. The process is ongoing. As the organization grows, and annual volumes increase, wbr revisits earlier design decisions to continuously refine the bicycle.

FORM 990, PART XI, LINE 9:

Donation refund 9,898. Foreign exchange gain -38,885.

Financial Statement Notes

PART X, LINE 2:

Fin 48 wbr nfp is a not-for-profit entity, as described in section 501(c)(3) of the internal revenue code (the irc), and was organized and incorporated in illinois as a not-for-profit organization in 2006. Wbr nfp has received a favorable determination letter from the internal revenue service for its section 501(c)(3) status under the irc of 1986, and is exempt from income taxes, except to the extent of any unrelated business income. For the periods ended december 31, 2022, and 2021, the organization does not have unrelated business income. As of december 31, 2022 and 2021, management has determined that there are no material uncertain positions that require recognition in the consolidated financial statements.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Cost of goods sold -12,614. Foreign currency loss -120,837.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0WORLD BICYCLE RELIEF MOBILIZES COMMUNITIES IN RURAL REGIONS AROUND THE (CONTINUED IN SCHEDULE O) WORLD TO THRIVE WITH LIFE CHANGING BICYCLES. BY COMBINING (BICYCLE) PRODUCT DEVELOPMENT WITH COMMUNITY-LED PROGRAMMING AND SOCIAL ENTERPRISE, STUDENTS, COMMUNITY SERVICE PROVIDERS, FARMERS AND ENTREPRENEURS CAN IMPROVE THEIR ACCESS TO EDUCATION, HEALTHCARE AND ECONOMIC OPPORTUNITIES WITH A PURPOSE-DESIGNED BUFFALO BICYCLE, SUPPORTED BY AN ECOSYSTEM OF SUSTAINABLE MOBILITY.
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IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
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IRS990/ContractorCompensationGrp/CompensationAmt1185418
IRS990/ContractorCompensationGrp/CompensationAmt2142402
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1601 MASSACHUSETTS AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2171 N CLARK STREET SUITE 200
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0PORTLAND
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1WASHINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1DC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd097217
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd120001
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd260601
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CAUSEMIC LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1ARNOLD & PORTER KAYE SCHOLER LLP
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2GRANT THORNTON LLP
IRS990/ContractorCompensationGrp/ServicesDesc0MARKETING & DEVELOPMENT
IRS990/ContractorCompensationGrp/ServicesDesc1LEGAL
IRS990/ContractorCompensationGrp/ServicesDesc2ACCOUNTING
IRS990/CostOfGoodsSoldAmt012614
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt012203140
IRS990/CYGrantsAndSimilarPaidAmt04347316
IRS990/CYInvestmentIncomeAmt033274
IRS990/CYOtherExpensesAmt03680846
IRS990/CYOtherRevenueAmt0-110
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-185521
IRS990/CYSalariesCompEmpBnftPaidAmt04393663
IRS990/CYTotalExpensesAmt012421825
IRS990/CYTotalFundraisingExpenseAmt02740715
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012236304
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IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt023743
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt014140
IRS990/DepreciationDepletionGrp/ProgramServicesAmt060847
IRS990/DepreciationDepletionGrp/TotalAmt098730
IRS990/Desc0PROGRAM ACTIVITIESWBR'S MOBILZIED COMMUNITIES PROGRAM MODEL DRIVES SUSTAINABLE BICYCLE USE THROUGH COMMUNITY-LED MULTI-SECTOR PROGRAMMING, SUPPORTING IMPROVED RURAL ACCESS TO HEALTHCARE, EDUCATION, CONSERVATION AND LIVELIHOODS. IN PARTNERSHIP WITH COMMUNITIES AND SUPPORT FROM GOVERNMENTS, BUSINESSES AND NGOS, TARGETED REGIONS BENEFIT FROM AN INFUSION OF QUALITY BICYCLES, PROGRAMMING AND MECHANICS TRAINING. (CONTINUED IN SCHEDULE O)
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt099921
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0100000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt032
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt06132885
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0332272
IRS990/FeesForServicesAccountingGrp/TotalAmt0332272
IRS990/FeesForServicesLegalGrp/FundraisingAmt04661
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0399190
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt015746
IRS990/FeesForServicesLegalGrp/TotalAmt0419597
IRS990/FeesForServicesOtherGrp/FundraisingAmt0535659
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt096277
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0366621
IRS990/FeesForServicesOtherGrp/TotalAmt0998557
IRS990/ForeignActivitiesInd01
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IRS990/ForeignCountryCd3ZI
IRS990/ForeignCountryCd4MI
IRS990/ForeignCountryCd5CO
IRS990/ForeignCountryCd6SP
IRS990/ForeignFinancialAccountInd01
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IRS990/ForeignGrantsGrp/TotalAmt04347316
IRS990/ForeignOfficeInd01
IRS990/Form8282PropertyDisposedOfInd00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt112386
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt213476
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt329264
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt46439
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt531880
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt611718
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/PersonNm0ERIC SHOWELL THRU 0822
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID NEISWANDER
IRS990/Form990PartVIISectionAGrp/PersonNm2ALISHA MYERS
IRS990/Form990PartVIISectionAGrp/PersonNm3JEFFREY BOSKEN
IRS990/Form990PartVIISectionAGrp/PersonNm4ADRIENNE KARECKI
IRS990/Form990PartVIISectionAGrp/PersonNm5ANDREW SAMWAYS
IRS990/Form990PartVIISectionAGrp/PersonNm6SUSAN BORNSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm7FREDERICK KW DAY
IRS990/Form990PartVIISectionAGrp/PersonNm8STANLEY DAY
IRS990/Form990PartVIISectionAGrp/PersonNm9LEAH MISSBACH DAY
IRS990/Form990PartVIISectionAGrp/PersonNm10NATHANIEL HELLER AS OF 1222
IRS990/Form990PartVIISectionAGrp/PersonNm11MICHAEL ROBERT HERR
IRS990/Form990PartVIISectionAGrp/PersonNm12LIZ KELLISON AS OF 0222
IRS990/Form990PartVIISectionAGrp/PersonNm13PETER O'HAGAN
IRS990/Form990PartVIISectionAGrp/PersonNm14DAMARIS PARSITAU
IRS990/Form990PartVIISectionAGrp/PersonNm15ROBERT PERKOWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm16DAVID TSWAMUNO THRU 1122
IRS990/Form990PartVIISectionAGrp/PersonNm17OREN WYCHE-SHAW THRU 0522
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0339937
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1312528
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2244499
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3208911
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0PROGRAM DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2SII DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER & CORP SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4ED DEVELOPMENT + COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP OF PRODUCT DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6ED INSTITUTIONAL MARKETS
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-77945
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0200000
IRS990/GrantAmt04347316
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt012326863
IRS990/GrossSalesOfInventoryAmt012339
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt015
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt076434
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0195467
IRS990/InformationTechnologyGrp/ProgramServicesAmt050335
IRS990/InformationTechnologyGrp/TotalAmt0322236
IRS990/InsuranceGrp/FundraisingAmt01107
IRS990/InsuranceGrp/ManagementAndGeneralAmt050972
IRS990/InsuranceGrp/ProgramServicesAmt05208
IRS990/InsuranceGrp/TotalAmt057287
IRS990/InterestGrp/ManagementAndGeneralAmt042904
IRS990/InterestGrp/TotalAmt042904
IRS990/InvestmentIncomeGrp/ExclusionAmt0111219
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0111219
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt08606054
IRS990/InvestmentsProgramRelatedGrp/EOYAmt010741709
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0443309
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0154679
IRS990/LandBldgEquipBasisNetGrp/EOYAmt089381
IRS990/LandBldgEquipCostOrOtherBssAmt0532690
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt077945
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WORLD BICYCLE RELIEF MOBILIZES COMMUNITIES IN RURAL REGIONS AROUND THE WORLD TO THRIVE WITH LIFE CHANGING BICYCLES. (CONT'D IN SCHEDULE O)
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt012631805
IRS990/NetAssetsOrFundBalancesEOYAmt012418136
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-77945
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-77945
IRS990/NetIncomeOrLossGrp/ExclusionAmt0-275
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-275
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0839
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012531884
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt012318136
IRS990/NoncashContributionsAmt0619714
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt07520
IRS990/OccupancyGrp/ProgramServicesAmt043022
IRS990/OccupancyGrp/TotalAmt050542
IRS990/OfficeExpensesGrp/FundraisingAmt0192377
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt090097
IRS990/OfficeExpensesGrp/ProgramServicesAmt0101312
IRS990/OfficeExpensesGrp/TotalAmt0383786
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-28987
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt068357
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt043864
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0151562
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0263783
IRS990/OtherExpensesGrp/Desc0ENGINEERING SERVICES
IRS990/OtherExpensesGrp/Desc1DONATION REFUND
IRS990/OtherExpensesGrp/Desc2BICYCLE FREIGHT
IRS990/OtherExpensesGrp/FundraisingAmt09898
IRS990/OtherExpensesGrp/FundraisingAmt1779
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02351
IRS990/OtherExpensesGrp/ProgramServicesAmt021526
IRS990/OtherExpensesGrp/TotalAmt021526
IRS990/OtherExpensesGrp/TotalAmt19898
IRS990/OtherExpensesGrp/TotalAmt23130
IRS990/OtherLiabilitiesGrp/BOYAmt0540
IRS990/OtherLiabilitiesGrp/EOYAmt064542
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0PHOTO USE FEE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0165
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0165
IRS990/OtherRevenueTotalAmt0165
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01333514
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0413535
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01479213
IRS990/OtherSalariesAndWagesGrp/TotalAmt03226262
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt085710
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt050615
IRS990/PayrollTaxesGrp/ProgramServicesAmt099552
IRS990/PayrollTaxesGrp/TotalAmt0235877
IRS990/PensionPlanContributionsGrp/FundraisingAmt034719
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt015050
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt054883
IRS990/PensionPlanContributionsGrp/TotalAmt0104652
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01252965
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0952963
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0170999
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0187823
IRS990/PrincipalOfficerNm0DAVID H NEISWANDER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0PRODUCT DEVELOPMENTFOR THOSE WORLD BICYCLE RELIEF SERVES, THE VALUE OF A BICYCLE IS ULTIMATELY MEASURED IN THE TIME AND EFFORT IT SAVES. THE VALUE OF THE BUFFALO BICYCLE ISN'T IN THE OBJECT ITSELF BUT RATHER IN THEFUNCTION IT PROVIDES. BUFFALO BICYCLES DRAMATICALLY INCREASE EFFICIENCY FOR ITS USERS - INDIVIDUALS AT THE LOWEST LEVEL OF THE ECONOMIC LADDER. (CONTINUED IN SCHEDULE O)
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0381937
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MONITORING AND EVALUATION WORLD BICYCLE RELIEF IS CONSISTENTLY MEASURING THE IMPACT OF THE BICYCLE IN WBR AND NON WBR RUN PROGRAMS. LEVERAGING LEARNING WITH ADAPTIVE MANAGEMENT ENSURES WBR IS PROVIDING THE BEST SOLUTION POSSIBLE TO MOBILITY TO THOSE IT SERVES. WBR METRICS TIME INCLUDE CHANGES IN PARTICIPANT ACCESS TO HEALTHCARE, EDUCATION AND ECONOMIC OPPORTUNITY, AND IN THE LONG-TERM, CHANGES TO INCOME AND OTHER EMPOWERMENT OUTCOMES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01099645

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
2022Detailed filing. Detailed filing 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
2012Summary only. Only limited summary data is available for this year.$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. 2022 filings • 501(c)3 • $10M-$25M nonprofits