Second Life Bikes Inc

“Expenses advertising and promotion 1,240 office 2,646 travel 123 insurance 9,549 bike parts and supplies 26,610 youth programs 765 dues and subscriptions 360 continuing education 3,178 bank and credit card fees 3,058 filing fees 360 telephone and internet 2,182 total 50,071”

“Security deposit 0 4,000 deposit on building 0 10,000 capitalized cost 0 1,125 total 0 15,125”

“Accounts payable and accrued expenses 2,666 3,826”

“Second life bikes, inc. Is a biking community center in asbury park where people connect to each other, build skills, join group bike rides, learn bike safety, and create bike art and custom designs that can support new social enterprises. Its mission is to get more people (especially youth) on bikes, more often, while encouraging people to repurpose old bikes and bike parts, rather than discard them.”

“The mission of second life bikes, inc. Is to create a biking community in the asbury park area with a focus on children. The organization primarily uses proceeds from the community bike shop, in addition to grant money, to support a youth earn-a-bike program. In 2013, over 100 children participated in that program and were able to earn a bike after spending time learning bike repair. The program works towards enhancing leadership development skills, developing self-confidence, enhancing hand-eye coordination and imparting first-level applied mechanical and math skills. Many of those children also participated in group rides. During the same year over 800 bicycles were recycled and sold. Over 1,000 low-cost bike repairs were also provided to the community, which is a lmi (low middle income) area in which a significant number of residents rely on bicycles as their mode of transportation.”