Civic Intelligence

Strider Education Foundation Inc.

990 • Fiscal year 2019 • EIN 81-4580473

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 26, 2020

2221 N Plaza DriveRapid City, SD 57702

(605) 956-3877

Siviq Scores

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

Liabilities / Assets

77th percentile

0.08x

Higher debt load relative to assets than 77% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

82nd percentile

28%

Higher net margin than 82% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

87th percentile

62%

Faster asset growth than 87% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

87th percentile

55%

Faster revenue growth than 87% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$287,364

Up $110,366 (+62%) from 2018

Net Assets

Up

$264,444

Up $128,920 (+95%) from 2018

Liabilities

Down

$22,920

Down $18,554 (-45%) from 2018

Revenue

Up

$467,051

Up $165,391 (+55%) from 2018

Expenses

Up

$338,131

Up $135,966 (+67%) from 2018

Net Income

Up

$128,920

Up $29,425 (+30%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2017: $49,575Liabilities 2017: $13,546Net Assets 2017: $36,0292017Assets 2018: $176,998Liabilities 2018: $41,474Net Assets 2018: $135,5242018Assets 2019: $287,364Liabilities 2019: $22,920Net Assets 2019: $264,4442019Assets 2020: $510,250Liabilities 2020: $140,774Net Assets 2020: $369,4762020Assets 2021: $438,384Liabilities 2021: $10,199Net Assets 2021: $428,1852021Assets 2022: $901,781Liabilities 2022: $11,276Net Assets 2022: $890,5052022Assets 2023: $2,649,941Liabilities 2023: $1,420,930Net Assets 2023: $1,229,0112023Assets 2024: $2,117,075Liabilities 2024: $79,076Net Assets 2024: $2,037,9992024

Highlighted filing

2019

Assets$287,364
Liabilities$22,920
Net Assets$264,444

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2017: $109,223Expenses 2017: $73,194Net Income 2017: $36,0292017Revenue 2018: $301,660Expenses 2018: $202,165Net Income 2018: $99,4952018Revenue 2019: $467,051Expenses 2019: $338,131Net Income 2019: $128,9202019Revenue 2020: $658,696Expenses 2020: $553,664Net Income 2020: $105,0322020Revenue 2021: $911,138Expenses 2021: $852,429Net Income 2021: $58,7092021Revenue 2022: $1,972,744Expenses 2022: $1,510,424Net Income 2022: $462,3202022Revenue 2023: $1,876,838Expenses 2023: $1,538,333Net Income 2023: $338,5052023Revenue 2024: $3,235,164Expenses 2024: $2,426,176Net Income 2024: $808,9882024

Highlighted filing

2019

Revenue$467,051
Expenses$338,131
Net Income$128,920
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 26, 2020
Return Version
2019v5.0
Gross Receipts
$467,051
Mission and Program Overview

Mission

The strider education foundation carries out the mission to teach every child in america how to ride a bike in kindergarten pe class. We believe that learning to ride a bike is a developmental milestone. Our goal is to get kids outside, giving them confidence and a sense of independence, getting them off computer screens, and doing something that they can continue throughout their lives. We are passionate about giving the opportunity to learn to ride a bike to all children, regardless of their socioeconomic status.

To deliver superior bikes and a proven curriculum to organizations/schools that wish to teach children how to ride.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$121,208$259,372▲ $138,164
Pledges and Grants Receivable$33,072$24,806▼ $8,266
Accounts Receivable$21,972--
Prepaid Expenses and Deferred Charges$746$3,186▲ $2,440
Total Assets$176,998$287,364▲ $110,366
Liabilities
Accounts Payable and Accrued Expenses$41,474$22,920▼ $18,554
Total Liabilities$41,474$22,920▼ $18,554
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$135,524$264,444▲ $128,920
Total Net Assets Fund Balance$135,524$264,444▲ $128,920
Total Liabilities and Net Assets / Fund Balance$176,998$287,364▲ $110,366
Compensation and Service Providers

Board Members and Trustees

NameTitle
Al RiemanPresident
Greg WickBoard Member
Matt SeebaumBoard Member
Ryan McfarlandSecretary/tr
Jack LynassVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$467,024
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$27
All Other Contributions
$467,024
Change in Net Assets
$128,920
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$248,232
Other Expenses$65,496
Salaries, Compensation, and Employee Benefits$24,403
Total Fundraising Expense$15,033
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$248,232--$248,232
Fees for Services Other$15,033-$15,033$30,066
Other Salaries and Wages$22,346--$22,346
Advertising$22,308--$22,308
Information Technology$7,049--$7,049
Payroll Taxes$2,057--$2,057
Fees for Services Accounting-$1,944-$1,944
Fees for Services Legal-$1,472-$1,472
Insurance$1,249--$1,249
Travel$828--$828
Office Expenses-$378-$378
Fees for Services Management-$202-$202
Total Functional Expenses$319,102$3,996$15,033$338,131
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Charlotte Mecklenburg SchoolsCharolotte, NCGovLearn Ride Program-
Communities in School of TennesseeNashville, TNGovLearn Ride Program-
Douglas SchoolsBox Elder, SDGovLearn Ride Program-
Mitchell School DistrictMitchell, SDGovLearn Ride Program-
Springdale SchoolsSpringdale, ARGovLearn Ride Program-
Watertown SchoolsWatertown, SDGovLearn Ride Program-
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
-Business OwnerProduct PurchaseNo$248,232
-Business OwnerManagement ServicesNo$176,294
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

In the start-up phase, strider sports international donates the majority of the administrative duties for the foundation. The secretary/treasurer, ryan mcfarland is the president/owner of strider sports international.

Form 990, Page 6, Part VI, Line 11B

The form 990 is prepared by a qualified cpa and reviewed in detail by the board secretary/treasurer. A copy is provided to all board members for their review prior to irs filing.

Form 990, Page 6, Part VI, Line 12C

The board of directors is responsible for monitoring all conflict of interest situations at each board meeting. Any director, officer, or member of a committee must adhere to the conflict of interest policy. Any individual with a conflict is restricted from voting on the matter involving the conflict. Although the foundation has a working relationship with strider sports international (see schedule l), a majority of the board members are independent. The board's policy is to ensure transparency and efficacy of dealings with strider sports international.

Form 990, Page 6, Part VI, Line 15A

We do not have officers or key employees that receive compensation. Any future compensation will be based on a review of comparability data that is clearly documented and determined by independent individuals.

Form 990, Page 6, Part VI, Line 15B

We do not have officers or key employees that receive compensation. Any future compensation will be based on a review of comparability data that is clearly documented and determined by independent individuals.

Form 990, Page 6, Part VI, Line 19

The foundation will review all public requests for documents and information prior to complying with such requests. Our 501(c)(3) determination letter is on our website. Requests for our most recent tax return may be submitted by providing name and email address - all such request will be reviewed and fulfilled timely.

Filing and Contact Details

Filer

Filer Name
Strider Education Foundation Inc
EIN
81-4580473
Phone
6059563877
Address
2221 N PLAZA DRIVE, RAPID CITY, SD 57702

Signing Officer

Name
Ryan Mcfarland
Title
Secretary/treasurer
Phone
6053420266
Signed
2020-02-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan Mcfarland
Formed
2016
Legal Domicile
Sd
Voting Board Members
5
Independent Board Members
4
Employees
2
Volunteers
750

Preparer

Firm
Ketel Thorstenson Llp
Address
PO BOX 3140, RAPID CITY, SD 57709-3140
Preparer
Jean Smith CPA
Phone
6053425630
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Our mission is to deliver superior bikes and a proven curriculum to organizations/schools that wish to teach children how to ride. Our vision is to be the 1 source for learn-to-ride programming in the u.s.a. We believe that learning to ride should be safe, easy, fun and social for all. Riding is a life skill that provides numerous benefits such as exercise, adventure, transportation, exploration, mobility, competition, independence, socialization, and fun. Mobility instills confidence, and active outdoor play betters health. The opportunity to ride should be available to everyone, regardless of their physical, mental, or finanical abilities.

Form 990, Page 1, Part I, Line 6

Volunteers build and deliver bikes, and promote the mission within their communities. This all supports our efforts to teach kids to ride

Form 990, Page 2, Part III, Line 4A

Strider education foundation accomplishes its mission of teaching children to ride bikes through one main program: - all kids bike is a national movement administered by the foundation that focuses on placing learn-to-ride programs into public schools through the kindergarten pe program. Donors can contribute to this program and even adopt a school in order to provide everything teachers need to teach their students to ride a bike. Teachers receive training and certification, a structured 8-lesson curriculum, bikes, helmets, and a 5-year support plan. Schools must commit to making the kindergarten pe program part of the structured yearly curriculum. The foundation's learn-to-ride curriculum was built around national standards that ensures every child finds success. It includes a variety of resources created to make learning to ride a bike fun, enjoyable and empowering. The safety lessons, curriculum and activities can be followed exactly as presented, or elements can be added to customize it. It consists of sessions that lead to kids having balance and bike handling skills needed to ride on two wheels. Quick online modules make it easy for educators to become certified. We provide printable lesson plans, minute by minute activities and tutorials, printable certificates of achievement, and other support materials. Research shows that learning to ride increases confidence, social skills, independence, and creates a can-do attitude for life. Riding a bicycle is a natural mood enhancer that has been shown to improve mental and cognitive health, prevent and treat depression, and lessen the effects of add and adhd. We have witnessed first hand the lifechanging effect of providing the proper bike and a proven method to ride. We distribute only genuine strider bikes and strider learn-to-ride curriculum as it is proven successful. Every 10 donated teaches one child to ride. Donations are maximized because of the in-kind administrative support provided by strider sports international. That entity also provides bikes and equipment to the foundation at significantly reduced rates, as well as free license to the learn-to-ride curriculum. Since inception, we have funded over 150 schools in 29 states and impacted over 125,000 students. In 2019 alone, we fulfilled grant requests for 91 schools/organizations and received an additional 64 applications on behalf of schools/organizations seeking grant support.

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IRS990/Desc0STRIDER EDUCATION FOUNDATION ACCOMPLISHES ITS MISSION OF TEACHING CHILDREN TO RIDE BIKES THROUGH ONE MAIN PROGRAM: - ALL KIDS BIKE IS A NATIONAL MOVEMENT ADMINISTERED BY THE FOUNDATION THAT FOCUSES ON PLACING LEARN-TO-RIDE PROGRAMS INTO PUBLIC SCHOOLS THROUGH THE KINDERGARTEN PE PROGRAM. DONORS CAN CONTRIBUTE TO THIS PROGRAM AND EVEN ADOPT A SCHOOL IN ORDER TO PROVIDE EVERYTHING TEACHERS NEED TO TEACH THEIR STUDENTS TO RIDE A BIKE. TEACHERS RECEIVE TRAINING AND CERTIFICATION, A STRUCTURED 8-LESSON CURRICULUM, BIKES, HELMETS, AND A 5-YEAR SUPPORT PLAN. SCHOOLS MUST COMMIT TO MAKING THE KINDERGARTEN PE PROGRAM PART OF THE STRUCTURED YEARLY CURRICULUM. THE FOUNDATION'S LEARN-TO-RIDE CURRICULUM WAS BUILT AROUND NATIONAL STANDARDS THAT ENSURES EVERY CHILD FINDS SUCCESS. IT INCLUDES A VARIETY OF RESOURCES CREATED TO MAKE LEARNING TO RIDE A BIKE FUN, ENJOYABLE AND EMPOWERING. THE SAFETY LESSONS, CURRICULUM AND ACTIVITIES CAN BE FOLLOWED EXACTLY AS PRESENTED, OR ELEMENTS CAN BE ADDED TO CUSTOMIZE IT. IT CONSISTS OF SESSIONS THAT LEAD TO KIDS HAVING BALANCE AND BIKE HANDLING SKILLS NEEDED TO RIDE ON TWO WHEELS. QUICK ONLINE MODULES MAKE IT EASY FOR EDUCATORS TO BECOME CERTIFIED. WE PROVIDE PRINTABLE LESSON PLANS, MINUTE BY MINUTE ACTIVITIES AND TUTORIALS, PRINTABLE CERTIFICATES OF ACHIEVEMENT, AND OTHER SUPPORT MATERIALS. RESEARCH SHOWS THAT LEARNING TO RIDE INCREASES CONFIDENCE, SOCIAL SKILLS, INDEPENDENCE, AND CREATES A CAN-DO ATTITUDE FOR LIFE. RIDING A BICYCLE IS A NATURAL MOOD ENHANCER THAT HAS BEEN SHOWN TO IMPROVE MENTAL AND COGNITIVE HEALTH, PREVENT AND TREAT DEPRESSION, AND LESSEN THE EFFECTS OF ADD AND ADHD. WE HAVE WITNESSED FIRST HAND THE LIFECHANGING EFFECT OF PROVIDING THE PROPER BIKE AND A PROVEN METHOD TO RIDE. WE DISTRIBUTE ONLY GENUINE STRIDER BIKES AND STRIDER LEARN-TO-RIDE CURRICULUM AS IT IS PROVEN SUCCESSFUL. EVERY 10 DONATED TEACHES ONE CHILD TO RIDE. DONATIONS ARE MAXIMIZED BECAUSE OF THE IN-KIND ADMINISTRATIVE SUPPORT PROVIDED BY STRIDER SPORTS INTERNATIONAL. THAT ENTITY ALSO PROVIDES BIKES AND EQUIPMENT TO THE FOUNDATION AT SIGNIFICANTLY REDUCED RATES, AS WELL AS FREE LICENSE TO THE LEARN-TO-RIDE CURRICULUM. SINCE INCEPTION, WE HAVE FUNDED OVER 150 SCHOOLS IN 29 STATES AND IMPACTED OVER 125,000 STUDENTS. IN 2019 ALONE, WE FULFILLED GRANT REQUESTS FOR 91 SCHOOLS/ORGANIZATIONS AND RECEIVED AN ADDITIONAL 64 APPLICATIONS ON BEHALF OF SCHOOLS/ORGANIZATIONS SEEKING GRANT SUPPORT.
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IRS990/MissionDesc0OUR MISSION IS TO DELIVER SUPERIOR BIKES AND A PROVEN CURRICULUM TO ORGANIZATIONS/SCHOOLS THAT WISH TO TEACH CHILDREN HOW TO RIDE. OUR VISION IS TO BE THE 1 SOURCE FOR LEARN-TO-RIDE PROGRAMMING IN THE U.S.A. WE BELIEVE THAT LEARNING TO RIDE SHOULD BE SAFE, EASY, FUN AND SOCIAL FOR ALL. RIDING IS A LIFE SKILL THAT PROVIDES NUMEROUS BENEFITS SUCH AS EXERCISE, ADVENTURE, TRANSPORTATION, EXPLORATION, MOBILITY, COMPETITION, INDEPENDENCE, SOCIALIZATION, AND FUN. MOBILITY INSTILLS CONFIDENCE, AND ACTIVE OUTDOOR PLAY BETTERS HEALTH. THE OPPORTUNITY TO RIDE SHOULD BE AVAILABLE TO EVERYONE, REGARDLESS OF THEIR PHYSICAL, MENTAL, OR FINANICAL ABILITIES.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0LEARN RIDE PROGRAM
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE MAJORITY OF OUR GRANTS ARE PROVIDED TO SCHOOLS AND CONSIST OF BIKES, HELMETS, KICKSTANDS, AND LEARNING CURRICULUM FOR THE ALL KIDS BIKE KINDERGARTEN PE PROGRAM. THE FOUNDATION PROVIDES EVERYTHING NEEDED TO TEACH KIDS HOW TO RIDE A BIKE SAFELY. THE APPLICATION FOR ASSISTANCE IS SUBMITTED VIA OUR WEBSITE. AS PART OF THIS APPLICATION, WE REQUEST PROOF OF TAX-EXEMPT STATUS. WE ALSO REQUEST INFORMATION REGARDING THE NUMBER OF INDIVIDUALS SERVED BY THE ORGANIZATION, THE NUMBER OF INDIVIDUALS WHO WILL BE DIRECTLY IMPACTED BY OUR GRANT, AND A NARRATIVE DESCRIBING HOW THE GRANT WILL IMPACT THE ORGANIZATION. THE INFORMATION GATHERED IN THE APPLICATION PROCESS IS REVIEWED TO ENSURE IT ALIGNS WITH OUR PROGRAM INTENT. FINALLY, WE ASK THE ORGANIZATION TO COMPLETE AN ANNUAL SURVEY ABOUT THE PROGRAM.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0STRIDER SPORTS INTERNATIONAL
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MANAGEMENT SERVICES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1PRODUCT PURCHASE
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0BIKES, HELMETS, AND KICKSTANDS PURCHASED FROM STRIDER SPORTS INTERNATIONAL TOTALED 248,232 (ALL PURCHASES WERE BELOW WHOLESALE COST - ALSO SEE SCHEDULE O PROGRAM ACCOMPLISHMENTS). THESE PRODUCTS ARE USED FOR GRANTS TO CARRY OUT OUR EXEMPT PURPOSE. IN THE INITIAL YEARS OF START-UP AND GROWTH, THE FOUNDATION WILL USE THE SERVICES OF STRIDER SPORTS INTERNATIONAL FOR PROMOTION AND ADMINISTRATIVE SERVICES IN ORDER TO MAXIMIZE THE BENEFITS RECEIVED FROM PUBLIC DONATONS. THESE CONTRIBUTED SERVICES ARE NOT REPORTED ON THE FORM 990, BUT ARE AN INTEGRAL PART OF THE FOUNDATION'S OPERATIONS. THE SECRETARY/TREASURER, RYAN MCFARLAND IS THE PRESIDENT/OWNER OF STRIDER SPORTS INTERNATIONAL. STRIDER SPORTS INTERNATIONAL ANNUALLY DONATES 1% OF ITS GROSS REVENUE FOR PHILANTHROPY AND WILL CONTINUE TO SUPPORT THE FOUNDATION UNTIL SUCH TIME AS IT IS SELF- SUSTAINING.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION IS TO DELIVER SUPERIOR BIKES AND A PROVEN CURRICULUM TO ORGANIZATIONS/SCHOOLS THAT WISH TO TEACH CHILDREN HOW TO RIDE. OUR VISION IS TO BE THE 1 SOURCE FOR LEARN-TO-RIDE PROGRAMMING IN THE U.S.A. WE BELIEVE THAT LEARNING TO RIDE SHOULD BE SAFE, EASY, FUN AND SOCIAL FOR ALL. RIDING IS A LIFE SKILL THAT PROVIDES NUMEROUS BENEFITS SUCH AS EXERCISE, ADVENTURE, TRANSPORTATION, EXPLORATION, MOBILITY, COMPETITION, INDEPENDENCE, SOCIALIZATION, AND FUN. MOBILITY INSTILLS CONFIDENCE, AND ACTIVE OUTDOOR PLAY BETTERS HEALTH. THE OPPORTUNITY TO RIDE SHOULD BE AVAILABLE TO EVERYONE, REGARDLESS OF THEIR PHYSICAL, MENTAL, OR FINANICAL ABILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS BUILD AND DELIVER BIKES, AND PROMOTE THE MISSION WITHIN THEIR COMMUNITIES. THIS ALL SUPPORTS OUR EFFORTS TO TEACH KIDS TO RIDE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2STRIDER EDUCATION FOUNDATION ACCOMPLISHES ITS MISSION OF TEACHING CHILDREN TO RIDE BIKES THROUGH ONE MAIN PROGRAM: - ALL KIDS BIKE IS A NATIONAL MOVEMENT ADMINISTERED BY THE FOUNDATION THAT FOCUSES ON PLACING LEARN-TO-RIDE PROGRAMS INTO PUBLIC SCHOOLS THROUGH THE KINDERGARTEN PE PROGRAM. DONORS CAN CONTRIBUTE TO THIS PROGRAM AND EVEN ADOPT A SCHOOL IN ORDER TO PROVIDE EVERYTHING TEACHERS NEED TO TEACH THEIR STUDENTS TO RIDE A BIKE. TEACHERS RECEIVE TRAINING AND CERTIFICATION, A STRUCTURED 8-LESSON CURRICULUM, BIKES, HELMETS, AND A 5-YEAR SUPPORT PLAN. SCHOOLS MUST COMMIT TO MAKING THE KINDERGARTEN PE PROGRAM PART OF THE STRUCTURED YEARLY CURRICULUM. THE FOUNDATION'S LEARN-TO-RIDE CURRICULUM WAS BUILT AROUND NATIONAL STANDARDS THAT ENSURES EVERY CHILD FINDS SUCCESS. IT INCLUDES A VARIETY OF RESOURCES CREATED TO MAKE LEARNING TO RIDE A BIKE FUN, ENJOYABLE AND EMPOWERING. THE SAFETY LESSONS, CURRICULUM AND ACTIVITIES CAN BE FOLLOWED EXACTLY AS PRESENTED, OR ELEMENTS CAN BE ADDED TO CUSTOMIZE IT. IT CONSISTS OF SESSIONS THAT LEAD TO KIDS HAVING BALANCE AND BIKE HANDLING SKILLS NEEDED TO RIDE ON TWO WHEELS. QUICK ONLINE MODULES MAKE IT EASY FOR EDUCATORS TO BECOME CERTIFIED. WE PROVIDE PRINTABLE LESSON PLANS, MINUTE BY MINUTE ACTIVITIES AND TUTORIALS, PRINTABLE CERTIFICATES OF ACHIEVEMENT, AND OTHER SUPPORT MATERIALS. RESEARCH SHOWS THAT LEARNING TO RIDE INCREASES CONFIDENCE, SOCIAL SKILLS, INDEPENDENCE, AND CREATES A CAN-DO ATTITUDE FOR LIFE. RIDING A BICYCLE IS A NATURAL MOOD ENHANCER THAT HAS BEEN SHOWN TO IMPROVE MENTAL AND COGNITIVE HEALTH, PREVENT AND TREAT DEPRESSION, AND LESSEN THE EFFECTS OF ADD AND ADHD. WE HAVE WITNESSED FIRST HAND THE LIFECHANGING EFFECT OF PROVIDING THE PROPER BIKE AND A PROVEN METHOD TO RIDE. WE DISTRIBUTE ONLY GENUINE STRIDER BIKES AND STRIDER LEARN-TO-RIDE CURRICULUM AS IT IS PROVEN SUCCESSFUL. EVERY 10 DONATED TEACHES ONE CHILD TO RIDE. DONATIONS ARE MAXIMIZED BECAUSE OF THE IN-KIND ADMINISTRATIVE SUPPORT PROVIDED BY STRIDER SPORTS INTERNATIONAL. THAT ENTITY ALSO PROVIDES BIKES AND EQUIPMENT TO THE FOUNDATION AT SIGNIFICANTLY REDUCED RATES, AS WELL AS FREE LICENSE TO THE LEARN-TO-RIDE CURRICULUM. SINCE INCEPTION, WE HAVE FUNDED OVER 150 SCHOOLS IN 29 STATES AND IMPACTED OVER 125,000 STUDENTS. IN 2019 ALONE, WE FULFILLED GRANT REQUESTS FOR 91 SCHOOLS/ORGANIZATIONS AND RECEIVED AN ADDITIONAL 64 APPLICATIONS ON BEHALF OF SCHOOLS/ORGANIZATIONS SEEKING GRANT SUPPORT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN THE START-UP PHASE, STRIDER SPORTS INTERNATIONAL DONATES THE MAJORITY OF THE ADMINISTRATIVE DUTIES FOR THE FOUNDATION. THE SECRETARY/TREASURER, RYAN MCFARLAND IS THE PRESIDENT/OWNER OF STRIDER SPORTS INTERNATIONAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS PREPARED BY A QUALIFIED CPA AND REVIEWED IN DETAIL BY THE BOARD SECRETARY/TREASURER. A COPY IS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO IRS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS IS RESPONSIBLE FOR MONITORING ALL CONFLICT OF INTEREST SITUATIONS AT EACH BOARD MEETING. ANY DIRECTOR, OFFICER, OR MEMBER OF A COMMITTEE MUST ADHERE TO THE CONFLICT OF INTEREST POLICY. ANY INDIVIDUAL WITH A CONFLICT IS RESTRICTED FROM VOTING ON THE MATTER INVOLVING THE CONFLICT. ALTHOUGH THE FOUNDATION HAS A WORKING RELATIONSHIP WITH STRIDER SPORTS INTERNATIONAL (SEE SCHEDULE L), A MAJORITY OF THE BOARD MEMBERS ARE INDEPENDENT. THE BOARD'S POLICY IS TO ENSURE TRANSPARENCY AND EFFICACY OF DEALINGS WITH STRIDER SPORTS INTERNATIONAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WE DO NOT HAVE OFFICERS OR KEY EMPLOYEES THAT RECEIVE COMPENSATION. ANY FUTURE COMPENSATION WILL BE BASED ON A REVIEW OF COMPARABILITY DATA THAT IS CLEARLY DOCUMENTED AND DETERMINED BY INDEPENDENT INDIVIDUALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7WE DO NOT HAVE OFFICERS OR KEY EMPLOYEES THAT RECEIVE COMPENSATION. ANY FUTURE COMPENSATION WILL BE BASED ON A REVIEW OF COMPARABILITY DATA THAT IS CLEARLY DOCUMENTED AND DETERMINED BY INDEPENDENT INDIVIDUALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE FOUNDATION WILL REVIEW ALL PUBLIC REQUESTS FOR DOCUMENTS AND INFORMATION PRIOR TO COMPLYING WITH SUCH REQUESTS. OUR 501(C)(3) DETERMINATION LETTER IS ON OUR WEBSITE. REQUESTS FOR OUR MOST RECENT TAX RETURN MAY BE SUBMITTED BY PROVIDING NAME AND EMAIL ADDRESS - ALL SUCH REQUEST WILL BE REVIEWED AND FULFILLED TIMELY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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