Rockville, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Bikes for the World Inc, founded in 2011, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.
In 2025 Bikes for the World collected AND donated a record number of bicycles and sewing machines. It goes without saying that each one of these tools is changing lives in a multitude of ways, but we...
In 2025 Bikes for the World collected AND donated a record number of bicycles and sewing machines. It goes without saying that each one of these tools is changing lives in a multitude of ways, but we cant help but appreciate that starts right here at home with our donors, supporters, and of course volunteers. Throughout the year our Rockville warehouse stayed busy every week. Our small staff was amplified by dedicated volunteers who allowed us to process and donate a record number of bikes this year. Over 2,000 volunteers grabbed wrenches and logged over 7,000 hours- thats even more hours than our staff worked this year combined! We hosted 60 school, civic, and corporate groups in the warehouse giving them the opportunity to work with their hands, learn more about bikes, and stretch their impact to make a difference around the world. At our remote collection events we joined forces with over 50 groups. And our Thursday night volunteer nights are growing in popularity. This all means that we donated nearly 13,000 bikes in 2025 and loaded 25 containers of bikes for overseas partners.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,552,725 | $1,891,357 | -0.2% |
| Expenses | $1,544,781 | $1,923,119 | -0.2% |
| Net Income | $7,944 | $-31,762 | -1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Taylor Jones | Executive Director | 40.00 |
Officer
|
$80,594 | $0 | $80,594 |
| Peter Bailey | Board Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Tom McCarthy | Board Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Joseph Leitmann | Board Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Erika Elvander | Board Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Caroline Hermann | Board Member | 3.00 |
Director
|
$0 | $0 | $0 |
| John Kowalczuk | Board Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Steve Offutt | Board Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Michael Carson | Board Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Arend Kouwenaar | Board Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Karen Hendrixson | Chair | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Keith Oberg | Executive Director Emeritus | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Wolfgang McGavran | Secretary | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Evan McDonnell | Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,552,725 | $1,544,781 | $491,050 | $7,944 |
| 2024 | $1,891,357 | $1,923,119 | $484,580 | $-31,762 |
| 2023 | $1,490,178 | $1,559,538 | $575,902 | $-69,360 |
| 2022 | $1,228,167 | $1,214,841 | $428,060 | $13,326 |
| 2021 | $1,179,719 | $1,084,677 | $426,460 | $95,042 |
| 2020 | $1,250,347 | $1,179,303 | $333,759 | $71,044 |
| 2019 | $1,319,705 | $1,315,860 | $225,115 | $3,845 |
| 2018 | $1,485,738 | $1,528,885 | $227,612 | $-43,147 |
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