MADISON, WI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SARIS BIKE PARKS FOR KIDS FOUNDATION INC, founded in 2021, is a micro nonprofit in the Recreation & Sports sector that reported $35K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $46K exceeded revenue, resulting in a 29% operating deficit.
THE PURPOSE OF THE ORGANIZATION IS TO ASSIST MUNICIPALITIES AND OTHER NONPROFIT ENTITIES IN DEVELOPING BIKE, SKATEBOARD AND OTHER RECREATIONAL PARKS FOR USE BY CHILDREN AND ADULTS. IN DEVELOPING THE PARKS, THE ORGANIZATION WILL ASSIST WITH RAISING OR PROVIDING GRANTS TO THE MUNICIPALITY, AS WELL AS PROVIDING ASSISTANCE FOR THE DEVELOPING ORGANIZATION WITH ANY OTHER ASPECTS OF THE PARKS THEY DESIRE.
FUNDING BIKE PARK PROJECTS IN NEIGHBORHOOD SPACES, TO SERVE UNDERREPRESENTED KIDS, TEENS AND YOUNG ADULTS. PROVIDE RESOURCES AND GUIDANCE TO ASSIST WITH THE PROCESS OF INCOPORATING BIKE PARKS INTO...
FUNDING BIKE PARK PROJECTS IN NEIGHBORHOOD SPACES, TO SERVE UNDERREPRESENTED KIDS, TEENS AND YOUNG ADULTS. PROVIDE RESOURCES AND GUIDANCE TO ASSIST WITH THE PROCESS OF INCOPORATING BIKE PARKS INTO PUBLIC PARKS. IN 2024 SARIS BIKE PARKS FOR KIDS PROVIDED SUPPORT TO THE MADISON PARKS FOUNDATION IN MADISON WI TO BE USED FOR THE MADISON SKATEPARKS FUND. THE FOUNDATION ALSO SUPPORTED BIKES FOR KIDS WISCONSIN WHICH IS DEDICATED TO PROVIDING BICYCLE-BASED TRANSPORTATION TO THOSE MOST IN NEED.
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 | $35,435 | $28,089 | +0.3% |
| Expenses | $45,647 | $33,303 | +0.4% |
| Net Income | $-10,212 | $-5,214 | +1.0% |
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 |
|---|---|---|---|---|---|---|
| CHRISTOPHER FORTUNE | PRESIDENT & DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| WALTER MEANWELL | DIRECTOR BOARD TREASURER | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALLEN ARNTSEN | DIRECTOR BOARD SECRETARY | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| PATRICK REMINGTON | DIRECTOR BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| SUSAN SCHMITZ | DIRECTOR BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| GARY PETERSON | DIRECTOR BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| DAVE CIESLEWICZ | DIRECTOR BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $35,435 | $45,647 | $400,266 | $-10,212 |
| 2023 | $28,089 | $33,303 | $397,732 | $-5,214 |
| 2022 | $20,474 | $85,759 | $378,530 | $-65,285 |
| 2021 | $511,086 | $50,300 | $455,713 | $460,786 |
Compare SARIS BIKE PARKS FOR KIDS FOUNDATION INC with other nonprofits in Wisconsin and across the country.