Skip to content

New Jersey · Nonprofit

PEDALS FOR PROGRESS

PEDALS FOR PROGRESS (New Jersey) receives grants from 14 organizations whose IRS filings report $148,502 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($75,286). 8 of them have funded it in more than one year, and 74% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$418k
Funders on record
14
Grants received
$149k
Net assets
$155k
8/14 repeat funderspeak grant-dependency 10%
01What it does

What Pedals for Progress does

Mission

To empower sustainable economic development by recycling bicycles and sewing machines from the us and shipping them to motivated people in the developing world. Since its inception in 1991 and from the seed of an idea by its founder(a former peace corps volunteer), the organization has grown into an enterprise that has cumulatively collected and distributed over 162,000 bicycles and over 5,200 sewing machines to the working poor in central america, africa, eastern europe, asia and the islands of the caribbean and the pacific basin. Through volunteer labor and tax-deductible donations of money and materials, Pedals for Progress/sewing peace collects, warehouses, and ships new and used bikes, parts and accessories to recipient countries where they are repaired by non-profit partner organizations (providing employment, building management and repair skills to their staff)and subsequently building management and repair skills to their staff)and subsequently, sold at cost to help low-income

As stated on its FY2025 Form 990.

Programs

  1. Pedals for Progress/sewing piece's primary exempt purpose is to supply, via charity partners overseas, reconditioned and used bicycles to low-income families in need of affordable transportation for productive purposes. Also to provide refurbished sewing machines, via charity partners overseas, which hold sewing classes and distribute the machines to create employment.

    $388,910 spentof which $187,085 as grants$49,300 earned by the program
    100% of program spending
  2. Pedals for Progress/sewing piece's primary exempt purpose is to supply, via charity partners overseas, reconditioned and used bicycles to low-income families in need of affordable transportation for productive purposes. Also to provide refurbished sewing machines, via charity partners overseas, which hold sewing classes and distribute the machines to create employment.

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $388,910.

02The organization over time

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.

100 = 20172017 Revenue 100 ($349k) Expenses 100 ($352k) Net assets 100 ($52k)2018 Revenue 108 ($378k) Expenses 100 ($350k) Net assets 156 ($80k)2019 Revenue 99 ($346k) Expenses 100 ($352k) Net assets 145 ($75k)2020 Revenue 80 ($280k) Expenses 74 ($259k) Net assets 144 ($74k)2021 Revenue 115 ($402k) Expenses 111 ($389k) Net assets 151 ($78k)2022 Revenue 133 ($466k) Expenses 117 ($412k) Net assets 227 ($117k)2023 Revenue 90 ($314k) Expenses 92 ($324k) Net assets 207 ($107k)2024 Revenue 111 ($388k) Expenses 95 ($333k) Net assets 315 ($162k)2025 Revenue 120 ($418k) Expenses 121 ($426k) Net assets 300 ($155k)
'17'18'19'20'21'22'23'24'25
Revenue (120)Expenses (121)Net assets (300)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $107k to $167k (+57%).

$61k
$80k
$75k
$94k
$78k
$124k
$107k
$167k
$160k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 5%. Grants only. Government contracts and fees sit inside program revenue.

87% of PEDALS FOR PROGRESS’s revenue is contributions — more reliant on donations than three-quarters of its peers (18% for the typical peer).

This organization
Typical peer · 16,168 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$3k
’17
$28k
’18
−$6k
’19
$21k
’20
$13k
’21
$54k
’22
−$10k
’23
$56k
’24
−$8k
’25
3.3
months of
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.

'17'18'19'20'21'22'23'24'25
Listed56661411101010
Joined·+1+0+0+8+1+3+0+0
No longer listed·00004400
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 6 funders, grant income rose $12k → $14k.

4 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 74% 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 PEDALS FOR PROGRESS’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

PEDALS FOR PROGRESS leans on a few funders — its largest provides 51% of grant income and the top three 79%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

74% 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 PEDALS FOR PROGRESS.

51%
largest funder
79%
top three
~3
effective funders

Largest funder’s share by year: 2017 55% · 2018 61% · 2019 44% · 2020 76% · 2021 68% · 2022 58% · 2023 56% — broadly stable.

“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

44% of PEDALS FOR PROGRESS's funders are still giving 3 years after their first grant; 57% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

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

74% of PEDALS FOR PROGRESS's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $39k that is directly attributable, 80% of it comes from funders outside New Jersey, across 7 states.

ME
IL
NY
NJ
CT
CA
NC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New Jersey out of state home

Funder states come from each funder’s own filing. $110k arriving through sponsors registered in 4 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.

04Its place in the field

Against its field

PEDALS FOR PROGRESS's revenue grew 20% between 2017 and 2025.

Operating margin−2% · below the median
Months of reserve3.3mo · below the median
Revenue growth (annualized)2% · below the median

this organization peer median middle 50% of peers· 10,453 recreation & sports nonprofits $100k–$1M, FY2025

Organizations like PEDALS FOR PROGRESS

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 New Jersey

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 7%Fundraising 2%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

97%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for PEDALS FOR PROGRESS: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 PEDALS FOR PROGRESS?
PEDALS FOR PROGRESS (New Jersey) receives grants from 14 organizations whose IRS filings report $148,502 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($75,286). 8 of them have funded it in more than one year, and 74% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does PEDALS FOR PROGRESS have?
IRS filings report 14 organizations giving $148,502 in grants to PEDALS FOR PROGRESS, 8 of which have funded it in more than one year.
Who is the largest funder of PEDALS FOR PROGRESS?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $75,286 in grants. The full list of funders is on this page.
How can an organization like PEDALS FOR PROGRESS find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Pedals for Progress →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 14 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 14, 2026. What this page cannot tell you · view filing