Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2012.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
93 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
4 people listed on the 990; $65K paid to officers and key staff (Part VII, Section A).
Kerri Martin’s $65K as Vice Preside is at the 56th percentile of top reported officer pay among 1992 $100K–1M youth development 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 · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Kerri Martin | $65,000 | $60,000 | $57,750 | $54,167 | $44,167 |
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.
See Second Life Bikes executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Connects people through biking, skill-building, rides, safety, and art, repurposing bikes for social enterprise.
Questions for Second Life Bikes
Your first name shows with your question. Second Life Bikes answers here, for everyone.
The mission of second life bikes, inc. Is to create a biking community in the asbury park area with a focus on children. The organization primarily uses proceeds from the community bike shop to support a youth earn-a-bike program. Second life bikes, inc. Continued to fulfill its mission through the community bike shop.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-3484801) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $130K | $77K |
| Total assetsLn 16 | $345K | $562K |
| LiabilitiesLn 26 | $70K | $320K |
| Net assetsLn 32 | $276K | $242K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $105K | $92K | $8K | $4K |
| Payroll taxesLn 10 | $9K | $8K | $701 | $350 |
| Accounting feesLn 11c | $5K | $5K | ||
| Office expensesLn 13 | $3K | $3K | ||
| OccupancyLn 16 | $83K | $73K | $7K | $3K |
| InterestLn 20 | $18K | $15K | $1K | $700 |
| InsuranceLn 23 | $11K | $10K | $865 | $433 |
| Other expenses (24a–d)Ln 24 | $267K | $267K | ||
| All other expensesLn 24e | $1K | $1K | ||
| Total functional expensesLn 25 | $500K | $465K | $27K | $9K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Oct 28, 2025 | $467K | $500K | −$33K | $242K | 990 PDF |
| FY2023Filed with the IRS Oct 21, 2024 | $473K | $454K | $20K | $276K | 990 PDF |
| FY2022Filed with the IRS Oct 25, 2023 | $421K | $427K | −$6K | $256K | 990 PDF |
| FY2021Filed with the IRS Oct 28, 2022 | $483K | $437K | $46K | $262K | 990 PDF |
| FY2020Filed with the IRS Nov 12, 2021 | $470K | $438K | $32K | $216K | 990 PDF |
Schedules filed Part IV
See the full FY2024 990
Part I · Summary $466,927 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, 3 to look at
Part VIII · Statement of revenue $466,927 across 7 lines filed
Part IX · Statement of functional expenses $500,317 across 9 lines filed
Part X · Balance sheet $561,969 assets, 11 lines filed
Part XI · Reconciliation of net assets $242,194 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
Similar organizations you could support · Compare with another nonprofit
The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More
Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.
We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.
Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.
If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.
Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.
If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.