Charity Search / FREEWHEELIN COMMUNITY BIKES
Recreation & Sports (N60) IRS Verified DX Registered 990 on File

FREEWHEELIN COMMUNITY BIKES

EIN: 26-3748830 · INDIANAPOLIS, IN 46205-3829 · United States · FY 2023 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 68/100
Reliability (20%) 50/100
Effectiveness (25%) 55/100
Impact (25%) 60/100
Financial data: FY 2023 · Scored 9/13/2026
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FREEWHEELIN COMMUNITY BIKES logo
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Mission Statement

We provide accessible bicycles and teach youth life and leadership skills that improve their physical and mental well-being.

Financial Overview — FY 2023
$658K
Total Revenue
$364K
Total Expenses
$486K
Net Assets
22
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 51.2%
Fundraising Efficiency N/A
Operating Reserve 16.00x
Liability-to-Asset 7.1%
Revenue Diversification 86.6%
Compared with Peers
FY 2023
Compared with 11,967 similar organizations (United States, Recreation & Sports, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
51.2% 94.5%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
41.6% 4.2%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
7.3% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
16.0 mo 6.6 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
7.1% 0.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
86.6% 89.9%
P10P90
Above median
Revenue growth
Year over year revenue growth
64.0% 10.9%
P10P90
Expense growth
Year over year expense growth
9.1% 14.4%
P10P90
Surplus margin
Surplus as a share of revenue
44.6% 2.8%
P10P90
Impact
1 program
Outcome / Program People Served Cost / Service # Completed Duration
Supplimented by program fees and grants 400 $450.00 Per Year
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $658K $364K $486K 51.2% 22
2022 $401K $334K $192K 59.6% 20
2021 $526K $337K N/A 22
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Organization Details
EIN
26-3748830
State
IN
City
INDIANAPOLIS
ZIP
46205-3829
Classification
N60
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2007
Foundation Code
15
Form 990
On File
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