2024-11-08T10:01:07-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 600 3RD AVENUE SE SUITE 300 CEDAR RAPIDS IA 52401 990 2023-01-01 460957576 BIKE LIBRARY INC BIKE 3194556558 1222 GILBERT COURT IOWA CITY IA 522404529 AUDREY WIEDEMEIER EXECUTIVE DIRECTOR 3198538671 2024-10-29 1 0 DAVID LITTLE P01480921 3193632697 2024-10-28 2023 2024-10-15 13:58:12Z ANNETTE VERNON 1222 GILBERT COURT IOWA CITY IA 522404529 336285 0 X WWW.ICBIKELIBRARY.ORG X 2004 IA THE PURPOSE OF BIKE LIBRARY INC. IS TO EXPAND CYCLING TRANSPORTATION OPTIONS, REDUCE AUTOMOBILE TRAFFIC CONGESTION, PROVIDE EDUCATION IN PROMOTION OF CYCLING, AND PROVIDE THE GENERAL HEALTH BENEFITS THAT ACCOMPANY CYCLING. BIKE LIBRARY INC IS DEDICATED TO INCREASING THE NUMBER OF PEOPLE RIDING BICYCLES FOR TRANSPORTATION. 12 12 3 150 0 0 109484 121987 63998 59205 21 85 104762 155008 278265 336285 200 348 0 0 113349 141243 0 0 6608 113102 101817 226651 243408 51614 92877 500416 575352 337373 319432 163043 255920 X THE PURPOSE OF BIKE LIBRARY INC, IS TO EXPAND CYCLING TRANSPORTATION OPTIONS, REDUCE AUTOMOBILE CONGESTION, PROVIDE EDUCATION IN PROMOTION OF CYCLING, AND PROVIDE THE GENERAL HEALTH BENEFITS THAT ACCOMPANY CYCLING. BIKE LIBRARY INC IS DEDICATED TO INCREASING THE NUMBER OF PEOPLE RIDING BICYCLES FOR TRANSPORTATION. 0 0 200478 348 210213 COMMUNITY BIKE SUPPORT AND EDUCATION: OUR ORGANIZATION FOCUSES ON RECYCLING AND UP-CYCLING DONATED BIKES, ADVOCATING FOR BICYCLE INFRASTRUCTURE, AND EMPOWERING DIVERSE INDIVIDUALS THROUGH REPAIR, CARE, AND RIDING EDUCATION. WITH FIFTEEN PROGRAMS, OUR FLAGSHIP SIX-MONTH BICYCLE CHECKOUT LENDS REFURBISHED BIKES, OFFERING AN AFFORDABLE ENTRY IN BICYCLING . IN 2023, THE BIKE LIBRARY CHECKED OUT 167 BICYCLES, PROVIDING A PRIMARY MODE OF TRANSPORTATION FOR MANY.OUR AS-IS BICYCLE SALES ALLOW PATRONS TO PURCHASE LOW-COST BIKES AND PARTS. WE OFFER FREE PROGRAMS, REPAIR CLASSES, AND "RENT-A-BENCH" SERVICES GUIDED BY SKILLED MECHANICS. IN 2023, WE SOLD 626 AS-IS BICYCLES, AND THROUGH OTHER PROGRAMS SERVED A TOTAL OF 1000 PEOPLE WITH REFURBISHED BIKES. OUR YOUTH INITIATIVES PROVIDE FREE BIKES, SAFETY EDUCATION, AND PARTNERSHIPS FOR SCHOOL RIDES AND WEEK-LONG BICYCLE CAMPS. WE ENGAGE THE PUBLIC THROUGH COMMUNITY RIDES SO INDIVIDUALS GAIN CONFIDENCE IN CYCLING. 200478 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 X JENN GRAVERT 3194556558 1222 GILBERT COURT IOWA CITY IA 522404529 VERNON ANNETTE PRESIDENT 1.00 X X 0 0 0 STIERLER KAREN VICE PRESIDENT 1.00 X X 0 0 0 HOLLAND III FRANK DELNO SECRETARY 1.00 X X 0 0 0 SPRINGER ROBIN TREASURER 1.00 X X 0 0 0 BAKER RYAN DIRECTOR 1.00 X 0 0 0 BRANCH TONY DIRECTOR 1.00 X 0 0 0 GUERRA CLARITY DIRECTOR 1.00 X 0 0 0 HAVERKAMP MIKE DIRECTOR 1.00 X 0 0 0 KENNEDY WANDA DIRECTOR 1.00 X 0 0 0 KLINGELHUTZ JOE DIRECTOR 1.00 X 0 0 0 NGUYEN HIEN DIRECTOR 1.00 X 0 0 0 SMITH ANGIE DIRECTOR 1.00 X 0 0 0 WIEDEMEIER AUDREY EXECUTIVE DIRECTOR 40.00 X 52000 0 5380 52000 0 5380 0 0 0 0 0 54500 67487 121987 BIKE LIBRARY 480000 50905 50905 SUSTAINABILITY FEE 455000 8300 8300 59205 85 85 4000 0 4000 4000 4000 151008 0 151008 151008 336285 210213 0 4085 348 348 57380 48773 5738 2869 66782 56765 6678 3339 3083 2621 308 154 4911 4174 491 246 9087 7724 1363 3510 3510 4104 4104 40392 34333 6059 14449 12282 2167 461 392 69 11276 9585 1691 7991 6792 1199 8103 6888 1215 11531 9801 1730 243408 200478 36322 6608 70967 143324 20015 20035 435550 23557 409434 411993 500416 575352 225 108 323523 310099 13625 9225 337373 319432 X 163043 255920 163043 255920 500416 575352 92877 0 X X 0 0 0 X 13921 28670 34429 109484 121811 308315 72841 68042 110015 158250 210213 619361 86762 96712 144444 267734 332024 927676 0 0 0 927676 97 1630 21 85 1833 97 1630 21 85 1833 4800 4000 8800 38916 5710 44626 86859 96712 184990 278265 336109 982935 0.94380 0.93070 0.00190 0.00250 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: SPECIAL EVENT INCOME - 2021 AMOUNT: $ 9,360. CREDIT TO BUYER - 2021 AMOUNT: $ 25,000. TAX PRORATION - 2021 AMOUNT: $ 4,556. MISC REVENUE - 2022 AMOUNT: $ 5,710. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 115008 115008 320542 23557 296985 411993 DEPOSITS HELD 9225 9225 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A SEGREGATED COMMITTEE WHICH ACTS ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. IT IS THEN PROVIDED TO THE ENTIRE GOVERNING BODY FOR REVIEW AND APPROVAL PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 1 THE ORGANIZATION MAINTAINS ITS FINANCIAL RECORDS ON THE MODIFIED CASH BASIS, WHICH VARIES FROM GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA IN THE FOLLOWING RESPECTS: -REVENUE SUCH AS CONTRIBUTIONS, GRANTS, INVESTMENT INCOME, REGISTRATIONS, RENT AND SALES ARE RECOGNIZED WHEN CASH HAS BEEN RECEIVED. -EXPENSES SUCH AS SALARIES, OCCUPANCY, OFFICE EXPENSES, ETC. ARE RECOGNIZED WHEN CASH HAS BEEN DISBURSED. -ASSETS AND LIABILITIES ARE NOT RECORDED EXCEPT WITH RESPECT TO THE RECOGNITION OF LAND, BUILDINGS, AND RELATED NOTE PAYABLE, AND PAYROLL AND DEPOSIT LIABILITIES HELD ON BEHALF OF OTHERS, WHICH ARISE FROM CASH TRANSACTIONS.