Free Bikes 4 Kidz - Detroit is a 501(c)(3) organization based in Glen Arbor, Michigan, registered in 2018, with $361,329 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$361K
▲ 21.8% vs prior year
Youth median: $163K
Expenses (FY2025)
$297K
Net assets
$305K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Free Bikes 4 Kidz - Detroit— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Free Bikes 4 Kidz - Detroit: 12 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Free Bikes 4 Kidz - Detroit— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Free Bikes 4 Kidz - Detroit: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $205K (FY2020) to $361K (FY2025) across 6 reported years.
Financial snapshot
Operating margin
17.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$305K
Total liabilities
$0
Net assets
$305K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $361,329▲21.8% | $296,811▲10.6% | $304,757▲26.9% | $304,757▲26.9% | 990 |
| 2024 | $296,627▲19.7% | $268,428▲39.9% | $240,239▲13.3% | $240,239▲13.3% | 990 |
| 2023 | $247,727▼18.9% | $191,841▼28.3% | $212,040▲35.8% | $212,040▲35.8% | 990 |
| 2022 | $305,425▲12.6% | $267,437▲6.4% | $156,154▲33.8% | $156,154▲33.8% | 990 |
| 2021 | $271,217▲32.1% | $251,462▲67.1% | $116,666▲20.4% | $116,666▲20.4% | 990 |
| 2020 | $205,369 | $150,523 | $96,911 | $96,911 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
9 grants to Free Bikes 4 Kidz - Detroit totaling $93K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mightycause Charitable Foundation | Unrestricted | 2024 | $13,528 |
| Community Foundation For Southeast Michigan | Recreation & sports | 2024 | $10,000 |
| Community Foundation For Southeast Michigan | Human services | 2023 | $15,000 |
| Mightycause Charitable Foundation | Unrestricted | 2023 | $8,751 |
| Mightycause Charitable Foundation | Unrestricted | 2022 | $6,531 |
| Community Foundation For Southeast Michigan | Bikes for detroit youth | 2021 | $15,000 |
| Mightycause Charitable Foundation | Unrestricted | 2021 | $6,450 |
| Henry Ford Health System | Organizational support | 2019 | $10,000 |
| Henry Ford Health System | Organizational support | 2018 | $7,500 |
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Data for Free Bikes 4 Kidz - Detroit (EIN 82-4599631) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.