FREE BIKES 4 KIDZ MARYLAND INC (EIN 842462535) - 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

2019

Legal Domicile

Principal Officer

Edward Cochran

Phone

6126709103

Tax Period

2024-07-01 to 2025-06-30

FREE BIKES 4 KIDZ MARYLAND INC, founded in 2019, is a small nonprofit in the Recreation & Sports sector that reported $492K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $470K left a modest 4% surplus.

Mission

Collect, refurbish, and give away bicycles with new helmets to children in need referred to us by schools, religious and nonprofit organizations, and government social services agencies. Support initiatives to make bicycling safer for children.

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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 (2024)

Revenue Breakdown

Contributions & Grants $491,761

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $491,761

Expense Breakdown

Grants Paid $405,235

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $460,008

Other Expenses $64,763

TOTAL EXPENSES $469,998

Year-over-Year Comparison

	2024	2023	Change
Revenue	$491,761	$414,566	+0.2%
Expenses	$469,998	$367,717	+0.3%
Net Income	$21,763	$46,849	-0.5%

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

N/A

Volunteers

640

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
Edward Cochran	President	30.00	Officer Director	$0	$0	$0
Elizabeth Schultz	Vice President	6	Officer Director	$0	$0	$0
Chris Tsien	Secretary/Treasurer	8.00	Officer Director	$0	$0	$0
Tom Lewis	Director	2	Director	$0	$0	$0
Marc Tolson	Director	2	Director	$0	$0	$0
Pat Piet	Director	6.00	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	$491,761	$469,998	$212,288	$21,763
2024	$414,566	$367,717	$190,525	$46,849
2023	$380,158	$367,466	$143,676	$12,692
2022	$299,033	$250,026	$130,984	$49,007
2021	$253,671	$202,155	$81,977	$51,516

FREE BIKES 4 KIDZ MARYLAND INC