World Bicycle Relief Nfp

Tax-deductible

Chicago, IL501(c)(3)Since 2006Public Safety & DisasterEIN 20-5080679Revenue $14.3M in FY2024

On file with the IRSworldbicyclerelief.org1000 W Fulton Market FL 4, 60607-1299 · Chicago, ILTax-exempt since Oct 2006Publicly supported charity — 170(b)(1)(A)(vi)

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World Bicycle Relief mobilizes people through the power of bicycles. (continued in schedule o) we envision a World where distance is no longer a barrier to independence and livelihood so individuals and communities can thrive. Our long-term goal is to inspire followers, funders, partners, and competitors to scale the availability of quality bicycles. We seek to empower the one billion individuals worldwide who DO not have affordable, accessible transportation and therefore lack access to education, healthcare, and livelihoods. World Bicycle Relief distributes a rugged, specially-designed, locally-assembled Bicycle, while also building a sustainable mobility ecosystem with community-based mechanics, sustainable spare parts supply chains, and community-owned programming.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
Run by 10 volunteers and 31 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $1.1M a year · 8% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.8M
to officers and key staff · 13% of spending
Top officer’s pay higher than 71% of similar orgs
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.8 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
32
named funders · $2.2M
Looks good: 32 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.9M
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 9 voting members
Looks good: 6 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$14.3M
-8% vs prior year
Spent
$13.6M
To programs
67%
Net assets
$7.4M
By yearFY2020–FY2024
Revenue
$14.3M
FY2024▼ -8%
Tap a bar for its year
Revenue by fiscal year
FY2020$9.6M
FY2021$12.4M
FY2022$12.2M
FY2023$15.5M
FY2024$14.3M
Expenses
$13.6M
FY2024▼ -17%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.9M
FY2021$10.4M
FY2022$12.4M
FY2023$16.5M
FY2024$13.6M
Net assets
$7.4M
FY2024▼ -33%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.6M
FY2021$12.6M
FY2022$12.4M
FY2023$11.0M
FY2024$7.4M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $9.2M Management & general 13% · $1.8M Fundraising 20% · $2.7M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990; $1.8M paid to officers and key staff.

Part VII, Section A · reportable compensation
$367,859Pt VII · Sec A
VP of Product Development
$300,468Pt VII · Sec A
Ed of Programs
$267,819Pt VII · Sec A
Sii Director
$260,851Pt VII · Sec A
Treasurer & Corp Secretary
$233,911Pt VII · Sec A
Institutional Markets Lead
$173,876Pt VII · Sec A
Ed Development, Marketing, & Comms
$170,275Pt VII · Sec A
Board Member
$0Pt VII · Sec A

David Neiswander’s $368K as CEO is at the 71st percentile of top reported officer pay among 58 $10–100M public safety & disaster nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Andrew Samways$300,468$454,737$197,851$164,026$154,375
David Neiswander$367,859$350,501$312,528$299,896$285,725
Eric Showell Thru 0822——$339,937——
Eric Showell———$282,571$224,353
Sean Granville Ross$267,819$223,874———
Alisha Myers$260,851$244,866$244,499$218,351$187,123
Jeffrey Bosken$233,911$220,201$208,911$197,050$176,741
Adrienne Karecki——$223,269——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides bicycles to empower people with better access to education, healthcare, and livelihoods.

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Provided by the organization

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2 programs · $8.4M · in their own filed words · FY2024
01

Program activitieswbr's mobilized communities program model drives sustainable bicycle use through community-led multisector programming, supporting improved rural access to healthcare, education, conservation, and livelihoods.

$7.1Mprogram expense
02

Product developmentfor those world bicycle relief serves, the value of a bicycle is ultimately measured in the time and effort it saves. The value of the buffalo bicycle isnt in the object itself, but rather in the fuction it provides.

$1.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 32 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$14.3M
Ln 12
Gifts and grantsLn 1h$13.9M
Other incomeLn 4–11$294K
Investment incomeLn 3$129K
Money outPt IX
$13.6M
Ln 25
Programscol B$9.2M
Managementcol C$1.8M
Fundraisingcol D$2.7M
Owns and owesPt X
$7.4M
net assets · Ln 32
Cash and savingsLn 1–2$899K
Total assetsLn 16$10.3M
LiabilitiesLn 26$2.9M
PeoplePt VI, VII
18
listed · VII A
PaidVII A7
Voting boardVI 1a9
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$13.9M
Government grantsLn 1e$250K
Noncash giftsLn 1g$816K
Fundraising eventsLn 1c$359K
Investment incomeLn 3$129K
Other incomeLn 4–11$294K
Gains on assetsLn 7−$13K
Total revenueLn 12$14.3M
Assets in detailPt X, end of year
SavingsLn 2$899K
Cash and savings togetherLn 1–2$899K
InvestmentsLn 11–13$8.5M
Land, buildings, equipmentLn 10c$107K
Other assetsLn 15$2K
Total assetsLn 16$10.3M
LiabilitiesLn 26$2.9M
Net assetsLn 32$7.4M
OperationsPt I, VI
EmployeesI 531
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$736K$899K
InvestmentsLn 11–13$11.6M$8.5M
Land, buildings, equipmentLn 10c$151K$107K
Total assetsLn 16$13.3M$10.3M
LiabilitiesLn 26$2.3M$2.9M
Net assetsLn 32$11.0M$7.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$5.8M$5.8M
Pay of current officers, directors and key staffLn 5$602K$393K$191K$18K
Other salaries and wagesLn 7$3.8M$1.8M$432K$1.6M
Pension plan contributionsLn 8$144K$70K$21K$53K
Other employee benefitsLn 9$300K$141K$36K$123K
Payroll taxesLn 10$399K$238K$44K$117K
Legal feesLn 11b$110K$110K
Accounting feesLn 11c$248K$26K$222K
Other fees for servicesLn 11g$568K$287K$127K$154K
Advertising and promotionLn 12$235K$84K$388$151K
Office expensesLn 13$267K$20K$52K$194K
Information technologyLn 14$455K$63K$307K$85K
OccupancyLn 16$29K$16K$13K
TravelLn 17$237K$106K$51K$80K
Conferences, conventions and meetingsLn 19$101K$3K$8K$91K
InterestLn 20$220K$110K$110K
Depreciation, depletion and amortizationLn 22$44K$38K$6K
InsuranceLn 23$47K$46K$1K
Other expenses (24a–d)Ln 24$572$572$0$0
Total functional expensesLn 25$13.6M$9.2M$1.8M$2.7M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $14.3M$13.6M$682K$7.4M 990 PDF
FY2023 $15.5M$16.5M−$949K$11.0M 990 PDF
FY2022 $12.2M$12.4M−$186K$12.4M 990 PDF
FY2021 $12.4M$10.4M$2.0M$12.6M 990 PDF
FY2020 $9.6M$5.9M$3.7M$9.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $14,318,779 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $15,345,619$13,895,269
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $178,048$129,174
I-11 Other revenuePrior year $1,305$294,336
I-12 Total revenuePrior year $15,524,972$14,318,779
I-13 Grants and similar amounts paidPrior year $7,530,648$5,817,756
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $5,015,356$5,257,554
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,928,403$2,561,040
I-18 Total expensesPrior year $16,474,407$13,636,350
I-19 Revenue less expensesPrior year −$949,435$682,429
Part VI · Governance 6 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $14,318,779 across 12 lines filed
Lines not itemized here account for −$4,753 of total revenue; see the IRS return.
VIII-1c Fundraising events$359,184
VIII-1d Related organizations$3,252,129
VIII-1e Government grants$250,000
VIII-1f All other contributions, gifts and grants$10,033,956
VIII-1g Noncash contributions (included above)$815,718
VIII-1h Total contributions, gifts and grants$13,895,269
VIII-3 Investment incomeExcluded from tax $142,079$142,079
VIII-5 RoyaltiesExcluded from tax $300,237$300,237
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$12,905−$12,905
VIII-8 Net income from fundraising eventsExcluded from tax −$3,148−$3,148
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,000$2,000
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $423,510$14,318,779
Part IX · Statement of functional expenses $13,636,350 across 19 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $5,817,756$5,817,756
IX-5 Pay of current officers, directors and key staffPrograms $392,850 · Management $190,527 · Fundraising $18,393$601,770
IX-7 Other salaries and wagesPrograms $1,780,913 · Management $431,755 · Fundraising $1,601,296$3,813,964
IX-8 Pension plan contributionsPrograms $70,022 · Management $20,567 · Fundraising $52,974$143,563
IX-9 Other employee benefitsPrograms $140,659 · Management $36,131 · Fundraising $122,765$299,555
IX-10 Payroll taxesPrograms $237,736 · Management $43,974 · Fundraising $116,992$398,702
IX-11b Legal feesManagement $110,394$110,394
IX-11c Accounting feesPrograms $25,901 · Management $222,094$247,995
IX-11g Other fees for servicesPrograms $286,649 · Management $127,115 · Fundraising $154,218$567,982
IX-12 Advertising and promotionPrograms $83,558 · Management $388 · Fundraising $151,062$235,008
IX-13 Office expensesPrograms $20,446 · Management $51,945 · Fundraising $194,221$266,612
IX-14 Information technologyPrograms $62,515 · Management $307,332 · Fundraising $84,718$454,565
IX-16 OccupancyPrograms $16,270 · Fundraising $12,983$29,253
IX-17 TravelPrograms $105,747 · Management $50,896 · Fundraising $80,181$236,824
IX-19 Conferences, conventions and meetingsPrograms $2,818 · Management $7,635 · Fundraising $90,948$101,401
IX-20 InterestPrograms $109,788 · Management $109,789$219,577
IX-22 Depreciation, depletion and amortizationPrograms $38,016 · Management $5,933$43,949
IX-23 InsuranceManagement $45,898 · Fundraising $1,010$46,908
IX-24 Other expenses (24a–d)Programs $572 · Management $0 · Fundraising $0$572
IX-25 Total functional expensesPrograms $9,192,216 · Management $1,762,373 · Fundraising $2,681,761$13,636,350
Part X · Balance sheet $10,289,972 assets, 16 lines filed
X-2 Savings and temporary cash investmentsStart of year $735,744$898,643
X-3 Pledges and grants receivableStart of year $788,617$596,751
X-9 Prepaid expenses and deferred chargesStart of year $111,112$149,225
X-10c Land, buildings and equipment, netStart of year $151,353$107,480
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $11,553,812$8,536,218
X-15 Other assetsStart of year $1,654$1,655
X-16 Total assetsStart of year $13,342,292$10,289,972
X-17 Accounts payable and accrued expensesStart of year $728,874$517,317
X-19 Deferred revenueStart of year $0$0
X-25 Other liabilitiesStart of year $81,615$44,254
X-26 Total liabilitiesStart of year $2,310,489$2,861,571
X-27 Net assets without donor restrictionsStart of year $10,931,803$7,348,401
X-28 Net assets with donor restrictionsStart of year $100,000$80,000
X-32 Total net assets or fund balancesStart of year $11,031,803$7,428,401
X-33 Total liabilities and net assetsStart of year $13,342,292$10,289,972
Part XI · Reconciliation of net assets $7,428,401 net assets at year end
XI-1 Total revenue$14,318,779
XI-2 Total expenses$13,636,350
XI-3 Revenue less expenses$682,429
XI-4 Net assets at start of year$11,031,803
XI-9 Other changes in net assets−$4,285,831
XI-10 Net assets at end of year$7,428,401

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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