Civic Intelligence

Free Bikes 4 Kidz Mn

990 • Fiscal year 2018 • EIN 27-1199089

Jan 01, 2018 to Dec 31, 2018 • Filed on May 15, 2019

Organization Profilewww.fb4k.org
10914 Lexington DriveEden Prairie, MN 55344

(612) 759-3297

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.09x

Higher debt load relative to assets than 63% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.03x

Higher debt load relative to revenue than 47% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

17th percentile

-14%

Higher net margin than 17% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

87th percentile

$98,106

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 12.8% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

6th percentile

-31%

Faster asset growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-45%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$209,092

Down $95,942 (-31%) from 2017

Net Assets

Down

$189,401

Down $104,359 (-36%) from 2017

Liabilities

Up

$19,691

Up $8,417 (+75%) from 2017

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin17th percentile

Revenue

Down

$767,715

Down $640,837 (-45%) from 2017

Expenses

Down

$872,074

Down $287,865 (-25%) from 2017

Net Income

Down

-$104,359

Down $352,972 (-142%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $25,089Liabilities 2011: $4,729Net Assets 2011: $20,3602011Assets 2012: $46,788Liabilities 2012: $5,047Net Assets 2012: $41,7412012Assets 2013: $63,837Liabilities 2013: $0Net Assets 2013: $63,8372013Assets 2014: $59,563Liabilities 2014: $6,726Net Assets 2014: $52,8372014Assets 2015: $41,253Liabilities 2015: $9,506Net Assets 2015: $31,7472015Assets 2016: $50,423Liabilities 2016: $3,364Net Assets 2016: $47,0592016Assets 2017: $305,034Liabilities 2017: $11,274Net Assets 2017: $293,7602017Assets 2018: $209,092Liabilities 2018: $19,691Net Assets 2018: $189,4012018Assets 2020: $1,116,715Liabilities 2020: $208,736Net Assets 2020: $907,9792020Assets 2021: $1,222,477Liabilities 2021: $164,592Net Assets 2021: $1,057,8852021Assets 2022: $344,094Liabilities 2022: $178,485Net Assets 2022: $165,6092022Assets 2023: $332,256Liabilities 2023: $190,514Net Assets 2023: $141,7422023Assets 2024: $349,598Liabilities 2024: $186,364Net Assets 2024: $163,2342024

Highlighted filing

2018

Assets$209,092
Liabilities$19,691
Net Assets$189,401
Open 2018 Filing

Operations Trend

Revenue Growth6th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $302,6392011Expenses 2012: $341,1192012Revenue 2013: $343,167Expenses 2013: $321,071Net Income 2013: $22,0962013Revenue 2014: $364,583Expenses 2014: $375,583Net Income 2014: -$11,0002014Revenue 2015: $210,562Expenses 2015: $231,652Net Income 2015: -$21,0902015Revenue 2016: $261,612Expenses 2016: $246,300Net Income 2016: $15,3122016Revenue 2017: $1,408,552Expenses 2017: $1,159,939Net Income 2017: $248,6132017Revenue 2018: $767,715Expenses 2018: $872,074Net Income 2018: -$104,3592018Revenue 2020: $1,232,519Expenses 2020: $497,949Net Income 2020: $734,5702020Revenue 2021: $1,437,488Expenses 2021: $1,287,582Net Income 2021: $149,9062021Revenue 2022: $833,262Expenses 2022: $1,725,538Net Income 2022: -$892,2762022Revenue 2023: $482,461Expenses 2023: $506,328Net Income 2023: -$23,8672023Revenue 2024: $555,323Expenses 2024: $533,828Net Income 2024: $21,4952024

Highlighted filing

2018

Revenue$767,715
Expenses$872,074
Net Income-$104,359
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2019
Return Version
2018v3.1
Gross Receipts
$767,715
Mission and Program Overview

Mission

Free bikes 4 kidz is a non-profit organization geared toward helping all kids ride into a happier, healthier childhood by providing bikes to those most in need.

Helping kids ride into a happier, healthier childhood by providing bikes to those most in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$196,612$108,112▼ $88,500
Accounts Receivable$3,714$53,277▲ $49,563
Cash and Non-Interest-Bearing Accounts$98,435$27,649▼ $70,786
Prepaid Expenses and Deferred Charges$3,739$16,125▲ $12,386
Land, Buildings, and Equipment, Net$2,534$3,929▲ $1,395
Total Assets$305,034$209,092▼ $95,942
Liabilities
Accounts Payable and Accrued Expenses$11,274$19,691▲ $8,417
Total Liabilities$11,274$19,691▲ $8,417
Net Assets / Fund Balance
Unrestricted Net Assets$293,760$189,401▼ $104,359
Total Net Assets Fund Balance$293,760$189,401▼ $104,359
Total Liabilities and Net Assets / Fund Balance$305,034$209,092▼ $95,942

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,929$2,891$6,820
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry EsauNational Executive DirectorFT$75,000$23,106$98,106
Tia MartinsonMN Executive DirectorFT$60,000-$60,000
Mark EmurianBoard MemberPT$5,348-$5,348

Board Members and Trustees

NameTitle
Jeff ParellChair
Dan SwartzBoard Member
Dave CowanBoard Member
David RulifsonBoard Member
Fred BorstadBoard Member
Joan WeberBoard Member
Linda StoneBoard Member
Maureen VischerBoard Member
Brian SiskaSecretary
Jeff LundgrenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$767,715
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$758,215
Change in Net Assets
$-104,359

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table5,810$348,532Equivalent market pr
Other Non Cash Contri Table2,358$101,420Equivalent market pr
Other Non Cash Contri Table2,149$24,599Market value
Other Non Cash Contri Table1$2,170Market value
Total Noncash Contributions10,318$476,721-

Audited Revenue Reconciliation

Revenue per Audited Statements
$767,715
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$290,764
Total Revenue per Audited Statements
$1,058,479
Total Revenue per Form 990
$767,715
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$566,366
Salaries, Compensation, and Employee Benefits$230,342
Other Expenses$74,166
Total Fundraising Expense$47,823
Professional Fundraising Fees$1,200

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$533,266--$533,266
Current Officers, Directors, Trustees, and Key Employees$118,864$12,268$32,322$163,454
Other Salaries and Wages$51,738--$51,738
Grants to Domestic Orgs$33,100--$33,100
Payroll Taxes$12,009$869$2,272$15,150
Fees for Services Accounting-$13,100-$13,100
Travel$11,534-$31$11,565
Advertising--$11,171$11,171
Occupancy$7,537--$7,537
Insurance$5,366$1,994-$7,360
Fees for Services Other$1,888$1,445$340$3,673
Other Expenses$2,949$1,002$487$2,949
Office Expenses$1,099$801-$1,900
Fees for Services Professional Fundraising--$1,200$1,200
Depreciation Depletion$605--$605
Total Functional Expenses$792,772$31,479$47,823$872,074

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,162,838
Expenses per Audited Statements$872,074
Total Expenses per Form 990$872,074
Expenses Not Reported on Form 990$290,764
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Free Bikes 4 Kidz - DetroitRoyal Oak, MI501(c)(3)Helmets to be distributed with bikes to children in need.-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,200
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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 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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The Organization's Executive Committee reviews the Form 990 and attachments prior to filing the return with the Internal Revenue Service.”

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

“Board members are required to disclose annually at the respective board meeting whether there are any conflicts of interest that they may have with the Organization.”

Form 990, Part VI, Section B, line 15

“The Organization uses comparability data when determining the compensation of the organization's Executive Director and other officers.”

Form 990, Part VI, Section C, line 18

“FB4K's Form 1023 and 990's are available upon request and will be mailed or emailed as appropriate.”

Form 990, Part VI, Section C, line 19

“FB4K governing documents and financial reports are available upon request and will be mailed or emailed as appropriate.”

Filing and Contact Details

Filer

Filer Name
Free Bikes 4 Kidz
EIN
27-1199089
Phone
6127593297
Address
10914 Lexington Drive, Eden Prairie, MN 55344

Signing Officer

Name
Jeff Parell
Title
Chair Person
Phone
6127593297
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Parell
Formed
2009
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
9
Employees
17
Volunteers
2,924

Preparer

Firm
Abdo Eick & Meyers LLP
Address
5201 Eden Avenue Suite 250, Edina, MN 55436
Preparer
Steven D Anseth CPA
Phone
9528359090
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“The Organization is exempt from income tax under section 501(c)(3) of the Internal Revenue Code. Contributions to the Organization are tax deductible as the Organization qualifies under Section 170(c) of the Internal Revenue Code. During the year ended December 31, 2018, the Organization had not incurred any interest or penalties on its tax returns. The Organization's tax returns are subject to possible examination by the taxing authorities. For federal tax purposes the tax returns essentially remain open for possible examination for a period of three years after the date on which those returns are filed.”

Raw XML AppendixShowing 400 of 494 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt011274
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt019691
IRS990/AccountsReceivableGrp/BOYAmt03714
IRS990/AccountsReceivableGrp/EOYAmt053277
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Helping kids ride into a happier, healthier childhood by providing bikes to those most in need.
IRS990/AdvertisingGrp/FundraisingAmt011171
IRS990/AdvertisingGrp/TotalAmt011171
IRS990/AllOtherContributionsAmt0758215
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0The Organization
IRS990/BooksInCareOfDetail/PhoneNum06127593297
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010914 Lexington Drive
IRS990/BooksInCareOfDetail/USAddress/CityNm0Eden Prairie
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055344
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt098435
IRS990/CashNonInterestBearingGrp/EOYAmt027649
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt032322
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt012268
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0118864
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0163454
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0767715
IRS990/CYGrantsAndSimilarPaidAmt0566366
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt074166
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-104359
IRS990/CYSalariesCompEmpBnftPaidAmt0230342
IRS990/CYTotalExpensesAmt0872074
IRS990/CYTotalFundraisingExpenseAmt047823
IRS990/CYTotalProfFndrsngExpnsAmt01200
IRS990/CYTotalRevenueAmt0767715
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0605
IRS990/DepreciationDepletionGrp/TotalAmt0605
IRS990/Desc02018 marked FB4K's 11th season. FB4K processed 7,011 bikes in Minnesota, then organized almost 3,000 community-minded volunteers with varying skills to clean and refurbish the bikes in 9 weeks. FB4K worked with 105 local nonprofit community partners to identify and distribute bikes to the kids in the community that need them.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt017
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0672330
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013100
IRS990/FeesForServicesAccountingGrp/TotalAmt013100
IRS990/FeesForServicesOtherGrp/FundraisingAmt0340
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01445
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01888
IRS990/FeesForServicesOtherGrp/TotalAmt03673
IRS990/FeesForServicesProfFundraising/FundraisingAmt01200
IRS990/FeesForServicesProfFundraising/TotalAmt01200
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt28.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt56.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1123106
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0Jeff Parell
IRS990/Form990PartVIISectionAGrp/PersonNm1Brian Siska
IRS990/Form990PartVIISectionAGrp/PersonNm2Jeff Lundgren
IRS990/Form990PartVIISectionAGrp/PersonNm3Joan Weber
IRS990/Form990PartVIISectionAGrp/PersonNm4Dan Swartz
IRS990/Form990PartVIISectionAGrp/PersonNm5Mark Emurian
IRS990/Form990PartVIISectionAGrp/PersonNm6Dave Cowan
IRS990/Form990PartVIISectionAGrp/PersonNm7David Rulifson
IRS990/Form990PartVIISectionAGrp/PersonNm8Fred Borstad
IRS990/Form990PartVIISectionAGrp/PersonNm9Linda Stone
IRS990/Form990PartVIISectionAGrp/PersonNm10Maureen Vischer
IRS990/Form990PartVIISectionAGrp/PersonNm11Terry Esau
IRS990/Form990PartVIISectionAGrp/PersonNm12Tia Martinson
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt55348
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1175000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1260000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11National Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12MN Executive Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt0533266
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0533266
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0533266
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt033100
IRS990/GrantsToDomesticOrgsGrp/TotalAmt033100
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0767715
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01994
IRS990/InsuranceGrp/ProgramServicesAmt05366
IRS990/InsuranceGrp/TotalAmt07360
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0196612
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0108112
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02891
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02534
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03929
IRS990/LandBldgEquipCostOrOtherBssAmt06820
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt09500
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Free Bikes 4 Kidz is a non-profit organization geared towards helping kids ride into a happier, healthier childhood by providing bikes to those most in need. The public donates gently used bikes, and Free Bikes 4 Kidz organizes thousands of volunteers to clean and refurbish them.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0293760
IRS990/NetAssetsOrFundBalancesEOYAmt0189401
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt0476721
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt07537
IRS990/OccupancyGrp/TotalAmt07537
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0801
IRS990/OfficeExpensesGrp/ProgramServicesAmt01099
IRS990/OfficeExpensesGrp/TotalAmt01900
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Bicycles
IRS990/OtherExpensesGrp/Desc1Volunteer recognition
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/Desc3Volunteer materials
IRS990/OtherExpensesGrp/FundraisingAmt0487
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01002
IRS990/OtherExpensesGrp/ProgramServicesAmt05521
IRS990/OtherExpensesGrp/ProgramServicesAmt14627
IRS990/OtherExpensesGrp/ProgramServicesAmt22669
IRS990/OtherExpensesGrp/ProgramServicesAmt32949
IRS990/OtherExpensesGrp/TotalAmt05521
IRS990/OtherExpensesGrp/TotalAmt14627
IRS990/OtherExpensesGrp/TotalAmt24158
IRS990/OtherExpensesGrp/TotalAmt32949
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt051738
IRS990/OtherSalariesAndWagesGrp/TotalAmt051738
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02272
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0869
IRS990/PayrollTaxesGrp/ProgramServicesAmt012009
IRS990/PayrollTaxesGrp/TotalAmt015150
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03739
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016125
IRS990/PrincipalOfficerNm0Jeff Parell
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0FB4K National currently has affiliates in 8 cities-Minneapolis/St. Paul MN, Atlanta GA, Detroit MI, Madison WI, Salt Lake City, Portland OR, Eugene/Springfield OR, and Yakima WA, growing from 4 to 8 active cities in 2018, 16,550 bikes were processed. Our goal is to be in 25 cities by 2023, giving away 30,000+ bikes annually. We measure our impact by bikes collected and given away, community partnerships, corporate involvement, and volunteer engagement. We pride ourselves on bringing together very diverse people-groups and resources to do good in these cities.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0120442
IRS990/ProgSrvcAccomActy2Grp/GrantAmt033100
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01392552
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0826849
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0104703
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt016000
IRS990/PYRevenuesLessExpensesAmt0248613
IRS990/PYSalariesCompEmpBnftPaidAmt0221637
IRS990/PYTotalExpensesAmt01159939
IRS990/PYTotalProfFndrsngExpnsAmt06750
IRS990/PYTotalRevenueAmt01408552
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-104359
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0767715
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01392552
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0241178
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0212052
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0348511
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02962008
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt016000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt010434
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt011010
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt016072
IRS990ScheduleA/OtherIncome170Grp/TotalAmt037516
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.88530
IRS990ScheduleA/PublicSupportPY170Pct00.98140
IRS990ScheduleA/PublicSupportTotal170Amt02655509
IRS990ScheduleA/SubstantialContributorsTotAmt0306499
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0767715
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01392552
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0241178
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0212052
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0348511
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02962008
IRS990ScheduleA/TotalSupportAmt02999524
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0290764
IRS990ScheduleD/DonatedServicesUseFcltsAmt0290764
IRS990ScheduleD/EquipmentGrp/BookValueAmt03929
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02891
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06820
IRS990ScheduleD/ExpensesNotReportedAmt0290764
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0872074
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt0290764
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0767715
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from income tax under section 501(c)(3) of the Internal Revenue Code. Contributions to the Organization are tax deductible as the Organization qualifies under Section 170(c) of the Internal Revenue Code. During the year ended December 31, 2018, the Organization had not incurred any interest or penalties on its tax returns. The Organization's tax returns are subject to possible examination by the taxing authorities. For federal tax purposes the tax returns essentially remain open for possible examination for a period of three years after the date on which those returns are filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03929
IRS990ScheduleD/TotalExpensesPerForm990Amt0872074
IRS990ScheduleD/TotalRevenuePerForm990Amt0767715
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01058479
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01162838
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Bikes and helmets
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0533266
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Bikes and helmets
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05813
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Fair market value
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt033100
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0Helmets
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Helmets to be distributed with bikes to children in need.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Free Bikes 4 Kidz - Detroit
IRS990ScheduleI/RecipientTable/RecipientEIN0824599631
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02228 Ferncliff Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Royal Oak
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048073
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Fair market value
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Organization sets forth certain requirements that a potential partnering organization must meet. The potential partnering organization may then submit an application for a bike and helmet grant to be redistributed to children in their area. The Organization receives requests from children/families of the child to receive a bike, and then child is then matched with a type of bike in preparation for the giveaway event. The child must then attend the event with a parent or guardian and bring the bike home with them.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt05810
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt12358
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt22149
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt31
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Bicycles
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1Helmets
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2Bicycle parts
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc3Tools
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0Equivalent market pr
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1Equivalent market pr
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt2Market value
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt3Market value
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd2X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd3X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0348532
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt1101420
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt224599
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt32170
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization's Executive Committee reviews the Form 990 and attachments prior to filing the return with the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members are required to disclose annually at the respective board meeting whether there are any conflicts of interest that they may have with the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization uses comparability data when determining the compensation of the organization's Executive Director and other officers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FB4K's Form 1023 and 990's are available upon request and will be mailed or emailed as appropriate.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FB4K governing documents and financial reports are available upon request and will be mailed or emailed as appropriate.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 18

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$209,092
Liabilities
$19,691
Net assets
$189,401
Revenue
$767,715
Expenses
$872,074
Net income
-$104,359
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.19$0.16$0.56$0.53$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.19$0.14$0.48$0.51$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.18$0.17$0.83$1.73$0.89
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.16$1.06$1.44$1.29$0.15
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.21$0.91$1.23$0.50$0.73
2018Detailed filing. Detailed filing data is available for this year.$0.21$0.02$0.19$0.77$0.87$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.01$0.29$1.41$1.16$0.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.00$0.05$0.26$0.25$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.04$0.01$0.03$0.21$0.23$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.06$0.01$0.05$0.36$0.38$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.34$0.32$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.01$0.04$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.02$0.30