Friends of Momentum Bike Clubs
Friends of Momentum Bike Clubs
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About this organization
Mission
Friends of Momentum Bike Clubs supports Momentum Bike Clubs, a program of Clemson University, providing financial support and creating awareness. MBC creates mentoring relationships with youth in under-served communities, promoting positive development with bicycling as the platform
About
Middle school bike programs. Bike clubs are run from under-served schools in the community. FOMBC provides the bicycles and pays teacher stipends to ride with the youth. Youth are selected for the program largely from teacher recommendations. Seventeen bike clubs were run during the year, each club rides once per week, approx 200 youth and 50 teacher mentors were involved
Interesting data from their 2020 990 filing
The filing outlines the non-profit's goal as “Friends of momentum bike clubs supports momentum bike clubs,a program of clemsonuniv,providing financial support and creating awareness.mbc creates mentoring relationships w/ youth in under-served communities,promoting positive development with bicycling as the platform”.
When explaining its purpose, the activities were outlined as: “Friends of momentum bike clubs supports momentum bike clubs,a program of clemsonuniv,providing financial support and creating awareness.mbc creates mentoring relationships w/ youth in under-served communities,promoting positive development with bicycling as the platform”.
- As per legal reporting requirements, the state of operation for the non-profit is SC.
- As per the non-profit's form, they have 0 employees as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$2,961.
- The CEO's compensation policy within the organization is not established through a review and approval from a neutral party.
- The organization has 8 independent voting members.
- The organization was formed in 2014.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule O.
- The organization's financial statements were compiled or reviewed by an accountant.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $28,384 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.