VELO KIDS INC

🔒

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

2020

Legal Domicile

Principal Officer

JENNIFER WHITE

Phone

6166109391

Tax Period

2024-01-01 to 2024-12-31

VELO KIDS INC, founded in 2020, is a small nonprofit in the Recreation & Sports sector that reported $306K in total revenue in fiscal year 2024. Revenue surged 94% from the prior year, signaling strong growth momentum. The organization ran a surplus of $90K, a strong 29% operating margin.

Mission

OUR MISSION IS TO GET ALL KIDS ON BIKES TO PROMOTE AND CULTIVATE HEALTHY, ACTIVE, OUTDOOR LIFESTYLES WHILE TEACHING BIKE SKILLS, SAFETY, AND STEWARDSHIP.

Program Service Accomplishments

Program 1

Expenses: $168,452 Revenue: $100,295

PROMOTE BICYCLING SAFETY FOR CHILDREN, APPROXIMATELY 3,000 CHILDREN SERVED.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $221,383

Program Service Revenue $100,295

Investment Income $175

Other Revenue $-15,465

TOTAL REVENUE $306,388

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,830

Fundraising Expenses $9,512

Program Expenses $168,452

Other Expenses $89,628

TOTAL EXPENSES $216,458

Year-over-Year Comparison

	2024	2023	Change
Revenue	$306,388	$158,115	+0.9%
Expenses	$216,458	$149,439	+0.4%
Net Income	$89,930	$8,676	+9.4%

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

Volunteers

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

$35,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER WHITE	EXECUTIVE DI	24.00	Officer	$35,000	$0	$35,000
TRAVIS GIBBS	VICE PRESIDE	0.25	Officer Director	$0	$0	$0
ABBY HARRIS	PRESIDENT	0.50	Officer Director	$0	$0	$0
NATALIE HIRDES	DIRECTOR	0.25	Director	$0	$0	$0
NATE KOSTER	TREASURER	0.50	Officer Director	$0	$0	$0
PHIL ROZEMA	DIRECTOR	0.25	Director	$0	$0	$0
SHAINA STRIKWERDA	SECRETARY	0.25	Officer Director	$0	$0	$0
AARON WESTHOUSE	DIRECTOR	1.00	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
2024	$306,388	$216,458	$133,733	$89,930