2024-07-26T03:00:47-04:00 2023-12-31 990EZ 2023-01-01 473324222 GOLDEN OPTIMISTS BICYCLE RECYCLE PROGRAM % Kyle Schroeder GOLD 3035487375 17331 Rimrock Dr Golden CO 80401 Kyle Schroeder Treasurer 2024-07-26 2023 2024-08-08 14:25:15Z X goldenoptimists.org X X 66593 X 32309 0 0 2068 0 0 0 0 0 0 0 32216 13376 18840 0 53217 6788 1210 0 0 2678 600 7703 18979 34238 110812 1394 146444 X 97191 120732 4000 3600 9621 22112 110812 146444 110812 146444 BIKES FOR PEOPLE WHO NEED THEM.Our mission is to provide bikes for people who need them for transportation exercise and fun by repairing donated bicycles and making them available for re-use.This organization is all volunteer - no paid staff. BIKES FOR PEOPLE WHO NEED THEM.In 2023 volunteers repaired about 450 used donated bicycles of which 295 were given away for free and the remainder sold to people at affordable prices.Free bikes were given to children's Christmas programs newly resettled refugees unhoused people and referrals from social service programs social service agencies and the justice system.Most recipients were also given helmets locks and other accessories.The used donated bikes are not run through the program accounting system.We only expense the parts and supplies used to refurbish them. Also included expenses for rental of facility to refurbish bikes depreciation of fixed assets maintenance upkeep and insurance. 0 22213 BIKES AND BIKE REPAIR FOR NAVAJO PEOPLE.Volunteers refurbished 35 bikes and rented a van to take them to Hard Rock Arizona where they were given away.Volunteers also stayed a few days to repair another 30 bikes for local people and gave away parts and supplies to a local bike program there. 0 4768 BIKE SAFETY AND MAINTENANCE EDUCATION.Another accomplishment of 2023 was reaching an estimated 850 kids and adults with programs promoting bicycle safety and general bike maintenance.Events included bike-to-school days,school and park district bike education programs and other community events 0 1020 28001 Roy Dean President 8 0 0 0 Randy Sterns Vice President 8 0 0 0 Kyle J Schroeder Treasurer 8 0 0 0 Suzanne Stutzman Secretary 8 0 0 0 Charles T Beemer MD Director 8 0 0 0 Kaylee Browning Director 1 0 0 0 Carol Cameron Director 8 0 0 0 Bobby German Director 6 0 0 0 Ed G Greivel Director 2 0 0 0 Krista Spurgin Director 1 0 0 0 false false false false false 0 false false false false CO Kyle Schroeder 21687 Mountsfield Dr Golden CO 80401 3035487375 false false false false false false false false false false false NONE NONE true X 10823 6410 14753 11746 32309 76041 19199 24752 23908 35484 32216 135559 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 30022 31162 38661 47230 64525 211600 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 211600 343 262 49 44 2068 2766 0 0 0 0 0 0 343 262 49 44 2068 2766 0 0 0 0 0 0 0 0 0 0 0 0 30365 31424 38710 47274 66593 214366 0.9871 0.99 0.0129 0.01 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Part I, line 8 | Other Revenues:, Amount:| Bikes are donated but never assigned any value through the process until revenue from a sale is generated. Bikes are generally not rideable and need work to be useable again. We do not assign value to the bike donations or enter a cost for the donated bike into COGS. The bikes sell we do not include any cost expect for parts supplies tools and accessories that appear in COGS. Thus anything not claimed as a donation value for the bike is captured in revenue from sales. Bikes given away for free also only have the parts supplies tools and accessories contributing to the COGS., $0| Part I, line 10 | Grants And Similar Amounts Paid:, Amount:| Materials for Bike to School and Bike safety programs provided to local schools, $1020| Donation to nonprofit 2nd Chance Bikes to restart similar program in neighboring community, $1000| Expenses and donations of goods to donate bikes and repair bikes on Navajo reservation, $4768| Part I, line 16 | Other Expenses:, Amount:| depreciation expenses on tools equipment and mobile facilities, $2890| Insurance General and Liability, $3269| Banking Fees, $48| Membership dues organizational registrations and filing fees, $348| Software IT services Internet and web maintenance, $1148| Part I, line 20 | Explanation:, Amount:| Credit card debt which is transactional and paid off each month increased from $592.47 at the end of 2022 to $1,986.63 at the end of 2023. This was an increase of $1,394.16, $1394| Part II, line 24 | Explanation:, BOYAmount:, EOYAmount:| These assets include tools and equipment to repair bicycles computer and tablets to retrieve information in bike shop and process transactions around bikes. These assets are depreciated which lowered the net balance by $4,696 in 2022 and $7,586 in 2023. The large increase during 2023 was primarily for a 24 foot enclosed trailer that is used to store and transport bikes. A grant was eventually received to cover the majority of the costs of acquiring the enclosed trailer., $9621, $22112|