BIKES FOR KIDS FOUNDATION (EIN 043711941) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

WILLIAM POLLAKOV

Tax Period

2023-01-01 to 2023-12-31

BIKES FOR KIDS FOUNDATION, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $704K in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $108K, a strong 15% operating margin.

Mission

THROUGH A BIKE REWARD PROGRAM, A PARTNERSHIP WITH THE SCHOOL SYSTEM AND 2 YEARS OF CLASSROOM STUDY, BKF INSPIRES THIRD AND FOURTH GRADE TITLE 1 STUDENTS TO PLAN NOW FOR POST HIGH SCHOOL EDUCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $698,796

Program Service Revenue $0

Investment Income $5,686

Other Revenue $0

TOTAL REVENUE $704,482

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,625

Fundraising Expenses $8,144

Program Expenses $563,362

Other Expenses $568,435

TOTAL EXPENSES $596,060

Year-over-Year Comparison

	2023	2022	Change
Revenue	$704,482	$467,062	+0.5%
Expenses	$596,060	$420,153	+0.4%
Net Income	$108,422	$46,909	+1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY CADIEUX	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHEN MOFFITT	BOARD MEMBER	1.00	Director	$0	$0	$0
DENNIS STEARNS	BOARD MEMBER	1.00	Director	$0	$0	$0
CATHERINE POLLAKOV	BOARD MEMBER	1.00	Director	$0	$0	$0
DEBRA POLLAKOV	COO	20.00	Officer Director	$0	$0	$0
WILLIAM POLLAKOV	CEO	20.00	Officer Director	$0	$0	$0
MAUREEN ROADMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT KRUMROY	PRESIDENT	20.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$704,482	$596,060	$369,492	$108,422
2022	$467,062	$420,153	$257,120	$46,909
2021	$294,559	$269,014	$210,957	$25,545
2020	$312,111	$225,631	$193,958	$86,480
2019	$352,432	$345,886	$128,761	$6,546

BIKES FOR KIDS FOUNDATION