Project Recycle

“Expenses fundraiser event fees 12,521 advertising and marketing 5,275 office expense 802 supplies 10 bank fees 409 computer and internet expense 1,833 travel 6,216 meals 2,438 event planning and expenses 313 insurance 2,381 supplies 6,915 bike helmets and locks 7,270 bikes given to needy 102,278 miscellaneous 1,780 payroll admin fees 1,155 uniforms 580 contract labor 1,000 event registration fees 192 total 153,368”

“Inventories for sale or use 72,122 69,924 computers and software 3,974 3,974 less accumulated depreciation 3,974 3,974 total 72,122 69,924”

“Prepaid sponsorships 0 8,425”

“We are a christ centered, family focused and volunteer run organization that promotes wellness for people in need by making available to them bicycles. We improve youth pride, responsibility, freedom, respect, and appreciation through the simple vehicle of a bicycle while assisting in the battle against obesity and improving the environment. Along with giving a bicycle to those in need, we provide education on how to maintain it and how to use it safely.”

“Bicycles received as contributions through fundraising drives are repaired and given to children in need at inner city elementary schools. The children are also provided with helmets and locks and then educuted on bicycle safety, how to ride, and how riding bicycles improves wellness. The building, in which the bicycles are stored and repaired, is donated to the organization and rent is estimated at 155,220. Transportion was donated to the organization estimated at 2,200. These donated facilities and free use of equipment are not reported as contributions on form 990 other than in this disclosure.”