2023-08-24T16:39:14-04:00 2023-06-30 521275451 GIOVETTI AND GIOVETTI CPA'S 1615 FREDERICK RD CATONSVILLE MD 212285022 990 2022-07-01 842462535 FREE BIKES 4 KIDZ MARYLAND INC FREE 6126709103 5178 DOWNWEST RIDE COLUMBIA MD 210441505 EDWARD COCHRAN PRESIDENT 6126709103 2023-08-23 true EDWARD COCHRAN XXX-XX-XXXX false CHRISTINE C GIOVETTI CPA P01203042 4107470396 2023-08-24 2022 2023-04-26 12:10:37Z FREE BIKES 4 KIDZ MARYLAND EDWARD COCHRAN 5178 DOWNWEST RIDE COLUMBIA MD 210441505 380158 false X FB4KMARYLAND.ORG X 2019 MD COLLECT, REFURBISH, AND GIVE AWAY BICYCLES AND NEW HELMETS TO UNDERSERVED CHILDREN AND SUPPORT PROGRAMS THAT ENCOURAGE THOSE CHILDREN TO RIDE BICYCLES; ALSO PROVIDE FREE BIKE REPAIR CLINICS. 5 5 0 652 0 299033 380158 0 0 0 299033 380158 223637 296700 0 0 0 0 26389 70766 250026 367466 49007 12692 130984 143676 0 130984 143676 X FREE BIKES 4 KIDZ IS GEARED TOWARD HELPING KIDS RIDE INTO A HAPPIER, HEALTHIER CHILDHOOD BY PROVIDING BIKES TO THOSE MOST IN NEED. WE COLLECT BIKES DONATED BY THE PUBLIC, ORGANIZE VOLUNTEERS TO CLEAN AND REFURBISH THEM, AND THEN GIVE THEM AWAY TO CHILDREN IN NEED, IDENTIFIED BY PARTNERING SCHOOLS, GOVERNMENT SOCIAL SERVICES ORGANIZATIONS, AND OTHER NONPROFITS. WE ALSO ENCOURAGE SAFE RIDING AND SPONSOR FREE BIKE REPAIR CLINICS. false false 363978 296700 COLLECT, REFURBISH, AND GIVE AWAY BICYCLES WITH NEW HELMETS TO UNDER-SERVED CHILDREN. PROVIDED FREE BICYCLE REPAIR CLINICS. THIS PROGRAM SERVICE WAS DRIVEN BY PANDEMIC-RELATED SHORTAGES AND THE INABILITY OF BICYCLE REPAIR SHOPS TO KEEP UP WITH DEMAND. WE CONDUCTED SEVERAL FREE 3-HOUR BIKE REPAIR SESSIONS. 363978 true true false true false false false false false false false false false true false false false false false false false false false false false false false false true false false false false false false false false false true false false false false false false false false true 0 0 0 false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true false true false false false MD X X X EDWARD COCHRAN 6126709103 5178 DOWNWEST RIDE COLUMBIA MD 210441505 X EDWARD COCHRAN PRESIDENT 25.00 X X 0 0 0 ELIZABETH SHULTZ VICE PRESIDE 4.00 X X 0 0 0 CHRISTOPHER TSIEN SECRETARY/TR 2.00 X X 0 0 0 TOM LEWIS DIRECTOR 2.00 X 0 0 0 MARC TOLSON DIRECTOR 2.00 X 0 0 0 false false false 30490 349668 300273 380158 380158 296700 296700 1000 1000 989 950 39 1660 1660 163 163 8684 8684 1409 1409 2286 2286 SCRAPPED BIKES 18302 18302 BIKE REFURBISHING TOOLS 14062 14062 BIKE REPAIR PARTS 10368 10368 WORKSITE/BIKE SUPPLIES 6773 6773 5070 5070 367466 363978 3488 0 9952 28580 121032 115096 130984 143676 0 0 X 130984 143676 130984 143676 130984 143676 X 12692 X false false false X 73362 253671 299033 361858 987924 12600 12600 85962 253671 299033 361858 1000524 31881 968643 1000524 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true false false true false false true false false false SCHEDULE C, PART IV FREE BIKES 4 KIDZ MARYLAND'S VOLUNTEER PRESIDENT MET WITH STATE LEGISLATORS AND THE MARYLAND SECRETARY OF STATE'S OFFICE AND TESTIFIED TO HOUSE AND SENATE COMMITTEES TO HELP DEVELOP AND PASS LEGISTLATION TO ENSURE THAT INDEPENDENT AUDITING REQUIREMENT THRESHOLDS REFLECT THE ORGANIZATIONS' CASH RECEIPTS FOR THOSE NON-PROFITS THAT COLLECT, REFURBISH, AND DISTRIBUTE PHYSICAL PROPERTY, HAVE MORE THAN 80% OF THEIR REVENUE IN SUCH NON-CASH CONTRIBUTIONS, TREAT THE COLLECTIONS AS REVENUE ACCORDING TO GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, AND MEET CERTAIN OTHER REGULATORY REQUIREMENT. ALL EFFORTS WERE VOLUNTARY, AND NO ORGANIZATIONAL FUNDS WERE EXPENDED. (2023 MARYLAND HB-72 & SB-254) DONATED BIKES/HELMETS/PARTS 115096 115096 true DONATION OF BICYCLES 2608 296700 FMV BICYCLES SCHEDULE I, PAGE 4, PART IV PART III, COLUMN D - BICYCLES ARE VALUED USING A SAMPLING OF USED BIKE PRICES FROM LOCAL LISTINGS (E.G., CRAIG'S LIST) FOR EVERY FRAME SIZE AND TYPE. NUMBER AND TYPE OF BICYCLES GIVEN AWAY ARE RECORDED FOR EVERY EVENT. X BICYCLES 2531 242718 FAIR MARKET VALUE X MISC SUPPLIES 3 9327 MSRP X HELMETS 2 41441 MSRP X BIKE PARTS 7 6787 MSRP false true false SCHEDULE M, PAGE 2, PART II COLUMN B SHOWS ACTUAL NUMBER OF ITEMS DONATED FOR BIKES; FOR HELMETS, PARTS, AND SUPPLIES, IT IS THE NUMBER OF CONTRIBUTIONS. FORM 990 - ORGANIZATION'S MISSION FREE BIKES 4 KIDZ IS GEARED TOWARD HELPING KIDS RIDE INTO A HAPPIER, HEALTHIER CHILDHOOD BY PROVIDING BIKES TO THOSE MOST IN NEED. WE COLLECT BIKES DONATED BY THE PUBLIC, ORGANIZE VOLUNTEERS TO CLEAN AND REFURBISH THEM, AND THEN GIVE THEM AWAY TO CHILDREN IN NEED, IDENTIFIED BY PARTNERING SCHOOLS, GOVERNMENT SOCIAL SERVICES ORGANIZATIONS, AND OTHER NONPROFITS. WE ALSO ENCOURAGE SAFE RIDING AND SPONSOR FREE BIKE REPAIR CLINICS. FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS HELP WITH THE COLLECTION OF DONATED BIKES AND CLEAN, REFURBISH, AND REPAIR THOSE BIKES. PROFESSIONAL BIKE MECHANICS DONATE THEIR TIME TO INSPECT THE BIKES. BIKES, ALONG WITH NEW HELMETS, ARE THEN GIVEN AWAY, WITH THE HELP OF THE VOLUNTEERS, TO OTHER NON-PROFITS AND DIRECTLY TO NEEDY CHILDREN AS IDENTIFIED BY LOCAL SCHOOLS, GOVERNMENT AGENCIES, AND OTHER NON-PROFITS. FORM 990, PAGE 6, PART VI, LINE 11B DRAFT FORM 990 AND SCHEDULES ARE DISTRIBUTED TO BOARD MEMBERS FOR REVIEW PRIOR TO FILING; BOARD PRESIDENT FOLLOWS UP FOR QUESTIONS/COMMENTS. FORM 990, PAGE 6, PART VI, LINE 12C ANY SIGNIFICANT POTENTIAL FINANCIAL RELATIONSHIPS OF THE ORGANIZATION TO OTHER ORGANIZATIONS (E.G., SPONSORS AND VENDORS) ARE PRESENTED TO THE BOARD PRIOR TO EXECUTION. THE MAJORITY OF SUCH RELATIONSHIPS ARE WITH PARTNERS ARRANGED THROUGH THE NATIONAL FREE BIKES 4 KIDZ ORGANIZATION, OF WHICH FREE BIKES 4 KIDZ MARYLAND IS AN INDEPENDENT AFFILIATE. FORM 990, PAGE 6, PART VI, LINE 19 ALL GOVERNING DOCUMENTSARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. THESE INCLUDE THE ARTICLES OF INCORPORATION, STATE REGISTRATION CERTIFICATE, IRS CONFIRMATION OF 501(C)(3) STATUS, AND FILED TAX RETURNS. THIS INFORMATION IS ALSO AVAILABLE ON GUIDESTAR. FORM 990, PART XI OUR ORGANIZATION WAS DONATED THE USE OF A WAREHOUSE BY THE HOWARD HUGHES CORPORATION FOR OUR VOLUNTEERS TO USE TO REPAIR BIKES AND CONDUCT OUR BIKE REPAIR CLINICS. PER GAAP RULES, THE VALUE OF THE USE OF THIS WAREHOUSE WAS CALCULATED AT 177,000 AND WAS SHOWN ON OUR STATEMENT OF ACTIVITY AS REVENUE. AN EQUAL AMOUNT WAS REPORTED ON OUR STATEMENT OF ACTIVITY AS AN EXPENSE. PER IRS RULES AND REGULATIONS, THIS ITEM IS NOT REPORTED ON THE FORM 990, BUT IS INSTEAD, REPORTED UNDER RECONCILIATION OF NET ASSETS, LINE 6 AS FOLLOWS: 177,000 - REVENUE ON FINANCIAL STATEMENTS PER GAAP ( 177,000) - EXPENSE ON FINANCIAL STATEMENTS PER GAAP - 0 - - AMOUNT REPORTED ON FORM 990, PART XI, LINE 6 FORM 990, PART XI, LINE 9 ITEM EXPLAINED ON SCHEDULE O AS FOLLOWS - 177,000 REVENUE ON FINANCIAL STATEMENTS PER GAAP (177,000) EXPENSE ON FINANCIAL STATEMENTS PER GAAP -0- AMOUNT REPORTED ON FORM 990, PART XI, LINE 6