Recreation & Sports
(N60)
IRS Verified
DX Registered
990 on File
FREEWHEELIN COMMUNITY BIKES
Financial strength (30%)
68/100
Reliability (20%)
50/100
Effectiveness (25%)
55/100
Impact (25%)
60/100
CharityAI™ Score
Not yet evaluated
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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