2025-06-03T11:04:10-00:00 2024-12-31 352386657 Cornerstone Associates 1056 Orndorf Drive Ste A Brighton MI 48116 990EZ 2024-01-01 834619945 Charity Bicycles Inc % David Wolfe CHAR 9903 Weber Street STE 1 Brighton MI 48116 David Wolfe President 2025-06-03 true Samuel Theis P01236709 8102221001 2025-06-03 2024 2025-03-06 01:10:19Z X https//charitybicycles.com/ X X 96569 X 26725 69844 241 -241 96328 3185 1670 25200 462 49281 79798 16530 115228 -35711 96047 X 56890 70280 94342 28123 151232 98403 36004 2356 115228 96047 To provide safe dependable transportation to people in need Taking in donations of used bicycles, repair refurbish them and giving them to people in need in our community utilizing local charities and churches to help identify recipients. 3185 20683 20683 David Wolfe Chairperson 040.00 0 Judy Wolfe Secretary 040.00 0 Jeff Rey Treasurer 020.00 0 Bruce Steffer Director 005.00 0 false false false false false false false 0 0 0 false false Jeff Rey 9903 Weber Street Brighton MI 48116 7346460565 false false false false false false false false false false false NONE NONE true X 100 41570 18569 26725 86964 54960 65497 80701 83739 69844 354741 54960 65597 122271 102308 96569 441705 441705 0 0 0 3500 2000 5500 58460 67597 122271 102308 96569 447205 0.98770 0.98430 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990-EZ, Part I, Line 16, Other Expenses Advertising 7,179 Form 990-EZ, Part I, Line 16, Other Expenses Auto Gas Purchases 2,372 Form 990-EZ, Part I, Line 16, Other Expenses Insurance 916 Form 990-EZ, Part I, Line 16, Other Expenses Merchant Account Fees 1,800 Form 990-EZ, Part I, Line 16, Other Expenses Miscellaneous 5 Form 990-EZ, Part I, Line 16, Other Expenses Office Supplies 2,923 Form 990-EZ, Part I, Line 16, Other Expenses Program Service Expense 19,033 Form 990-EZ, Part I, Line 16, Other Expenses Repairs Maintenance 4,503 Form 990-EZ, Part I, Line 16, Other Expenses Returns 935 Form 990-EZ, Part I, Line 16, Other Expenses Software expenses 850 Form 990-EZ, Part I, Line 16, Other Expenses Telephones - Wireless VOIP 2,456 Form 990-EZ, Part I, Line 16, Other Expenses Tools 776 Form 990-EZ, Part I, Line 16, Other Expenses Utilities 5,533 Form 990-EZ, Part I, Line 20, Net Assets Loan from Officers - Forgiven 35,890 Form 990-EZ, Part I, Line 20, Net Assets Bicycle Inventory Write-Down -70,814 Form 990-EZ, Part I, Line 20, Net Assets Correction of an Bookkeeping Error from a Prior Period -787 Form 990-EZ, Part II, Line 24, Other Assets Parts Bicycles Beginning of year 77,804, End of year 6,986 Form 990-EZ, Part II, Line 24, Other Assets Tools Beginning of year 15,556, End of year 19,216 Form 990-EZ, Part II, Line 24, Other Assets Office Equipment Beginning of year 981, End of year 981 Form 990-EZ, Part II, Line 24, Other Assets Rounding Errors Beginning of year 1, End of year 2 Form 990-EZ, Part II, Line 24, Other Assets Accounts Receivable Beginning of year 0, End of year 436 Form 990-EZ, Part II, Line 24, Other Assets Sales Tax Deferred Tax Asset Beginning of year 0, End of year 502 Form 990-EZ, Part II, Line 26, Liabilities Loans from Officer Beginning of year 35,890, End of year 0 Form 990-EZ, Part II, Line 26, Liabilities Sales Tax Beginning of year 114, End of year 2,340 Form 990-EZ, Part II, Line 26, Liabilities Bad Debt Clearing Beginning of year 0, End of year 16