FREE BIKES 4 KIDZ - DETROIT (EIN 824599631) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

Bob Barnes

Phone

2489158277

Tax Period

2025-01-01 to 2025-12-31

FREE BIKES 4 KIDZ - DETROIT, founded in 2018, is a small nonprofit in the Youth Development sector that reported $361K in total revenue in fiscal year 2025. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $65K, a strong 18% operating margin.

Mission

FB4K is a non-profit organization geared towards helping kids ride into happier, healthier childhoods by providing bikes to those in need. The public donates gently used bikes and FB4K refurbishes them and gives them to those in need.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $357,944

Program Service Revenue $0

Investment Income $3,385

Other Revenue $0

TOTAL REVENUE $361,329

Expense Breakdown

Grants Paid $184,394

Salaries & Benefits $23,206

Fundraising Expenses $0

Program Expenses $296,811

Other Expenses $89,211

TOTAL EXPENSES $296,811

Year-over-Year Comparison

	2025	2024	Change
Revenue	$361,329	$296,627	+0.2%
Expenses	$296,811	$268,428	+0.1%
Net Income	$64,518	$28,199	+1.3%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

1856

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
Bob Barnes	Executive Director	10	Director	$0	$0	$0
Larry Fieroh	Treasurer	6	Director	$0	$0	$0
Augie Engelhart	Volunteer Coordinator and Board Member	6	Director	$0	$0	$0
Collier Hardaway	Director	6	Director	$0	$0	$0
David Goldman	Director	9	Director	$0	$0	$0
Jody Barndt	Director	9	Director	$0	$0	$0
Art Bull	Director	9	Director	$0	$0	$0
Orelia Brown Burrows	Director	6	Director	$0	$0	$0
Sherry McLaughlin	Director	6	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
2025	$361,329	$296,811	$304,757	$64,518
2024	$296,627	$268,428	$240,239	$28,199
2023	$247,727	$191,841	$212,040	$55,886
2022	$305,425	$267,437	$156,154	$37,988
2022	$305,425	$267,437	$156,154	$37,988
2021	$271,217	$251,462	$116,666	$19,755
2020	$205,369	$150,523	$96,911	$54,846

FREE BIKES 4 KIDZ - DETROIT