Minnesota · Nonprofit
FREE BIKES 4 KIDZ MN
FREE BIKES 4 KIDZ MN (Minnesota) receives grants from 30 organizations whose IRS filings report $1,370,484 to it, the largest being ALLINA HEALTH SYSTEM ($466,293). 17 of them have funded it in more than one year.
- Revenue FY2024
- $555k
- Funders on record
- 30
- Grants received
- $1.4M
- Net assets
- $163k
What Free Bikes 4 Kidz Mn does
Mission
Free Bikes 4 Kidz MN is a non-profit organization geared toward helping all kids ride into a happier, healthier childhood by providing bikes to those most in need. The public donates gently used bikes, we organize thousands of volunteers to clean and refurbish them, and then we give them away to kids in need.
As stated on its FY2024 Form 990.
Programs
In 2023, we continued our mission to provide bikes to children most in need. Through concerted efforts, we rallied the community to donate gently used bikes and then organized thousands of volunteers to clean and refurbish them. This year, we were able to work with our community partners to distribute 2,395 bikes to youth across Minnesota, while also ensuring that kids had new helmets to ride their bikes with.
$425,713 spentof which $250,294 as grants100% of program spendingIn February 2019, the Organization acquired the rights to the MN Ironman Bike Ride. The legendary ride is the longest running organized ride in Minnesota. From humble beginnings in 1967, MN Ironman Bike Ride has grown to thousands of riders proudly riding it annually. The Organization resumed the ride in conjunction with community event in Shakopee, MN in 2023 on June 17, 2023. This event was the primary fundraiser for the year through registrations and donations it profited over $20,000. In 2024, we will be rebranding the event to the Freebike and holding the event on June 1st.
The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $425,713.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.2M to $344k (−72%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
105% of FREE BIKES 4 KIDZ MN’s revenue is contributions — more reliant on donations than three-quarters of its peers (91% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Jay Zemke
Executive Director
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2021 and FY2022 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 11 funders, grant income fell $151k → $113k.
12 of 30 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 48% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FREE BIKES 4 KIDZ MN’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FREE BIKES 4 KIDZ MN leans on a few funders — its largest provides 34% of grant income and the top three 66%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
87% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FREE BIKES 4 KIDZ MN.
Largest funder’s share by year: 2017 50% · 2018 77% · 2019 52% · 2020 32% · 2021 30% · 2022 31% · 2023 31% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of FREE BIKES 4 KIDZ MN's funders are still giving 3 years after their first grant; 57% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
73% of FREE BIKES 4 KIDZ MN's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $654k arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
FREE BIKES 4 KIDZ MN is better cushioned than half of the 21,648 human services nonprofits its size.
this organization peer median middle 50% of peers· 21,648 human services nonprofits $100k–$1M, FY2024
Organizations like FREE BIKES 4 KIDZ MN
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
86% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for FREE BIKES 4 KIDZ MN: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FREE BIKES 4 KIDZ MN?
- FREE BIKES 4 KIDZ MN (Minnesota) receives grants from 30 organizations whose IRS filings report $1,370,484 to it, the largest being ALLINA HEALTH SYSTEM ($466,293). 17 of them have funded it in more than one year.
- How many funders does FREE BIKES 4 KIDZ MN have?
- IRS filings report 30 organizations giving $1,370,484 in grants to FREE BIKES 4 KIDZ MN, 17 of which have funded it in more than one year.
- Who is the largest funder of FREE BIKES 4 KIDZ MN?
- ALLINA HEALTH SYSTEM is the largest funder on record, with $466,293 in grants. The full list of funders is on this page.
- How can an organization like FREE BIKES 4 KIDZ MN find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 30 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing