Nonprofit · EIN 87-1041759
SARIS BIKE PARKS FOR KIDS FOUNDATION INC
Tax-exempt · MADISON, WI 53713
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $35,435 | $45,647 | -$10,212 | $400,266 | $0 | $400,266 |
| December 31, 2023 | 990 | $28,089 | $33,303 | -$5,214 | $397,732 | $0 | $397,732 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $16,191
- Program service revenue
- $0
- Investment income
- $19,244
- Net gain from sales of assets
- $5,488
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $13,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,870
- Occupancy
- $3,600
- Program services (functional)
- $13,000
- Management and general (functional)
- $32,647
Balance sheet and other
- Total assets, start of year
- $397,732
- Total assets, end of year
- $400,266
- Total liabilities, end of year
- $0
- Net assets, end of year
- $400,266
- Publicly traded securities
- $279,402
- Net assets without donor restrictions
- $400,266
- Gross receipts
- $64,780
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2021
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTOPHER FORTUNE | PRESIDENT & DIRECTOR Trustee or director, Officer | 1 | $0 |
| WALTER MEANWELL | DIRECTOR BOARD TREASURER Trustee or director, Officer | 0 | $0 |
| ALLEN ARNTSEN | DIRECTOR BOARD SECRETARY Trustee or director, Officer | 0 | $0 |
| PATRICK REMINGTON | DIRECTOR BOARD MEMBER Trustee or director | 0 | $0 |
| SUSAN SCHMITZ | DIRECTOR BOARD MEMBER Trustee or director | 0 | $0 |
| GARY PETERSON | DIRECTOR BOARD MEMBER Trustee or director | 0 | $0 |
| DAVE CIESLEWICZ | DIRECTOR BOARD MEMBER Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDSAY SUTTIN | DIRECTOR Trustee or director | 1 | $20,000 |
| CHRISTOPHER FORTUNE | PRESIDENT & DIRECTOR Trustee or director, Officer | 1 | $0 |
| SARA FORTUNE | VICE PRESIDENT & DIRECTOR Trustee or director, Officer | 1 | $0 |
| HEATHER FORTUNE | DIRECTOR Trustee or director | 1 | $0 |
| WALTER MEANWELL | DIRECTOR BOARD TREASURER Trustee or director, Officer | 0 | $0 |
| ALLEN ARNTSEN | DIRECTOR BOARD SECRETARY Trustee or director, Officer | 0 | $0 |
| PATRICK REMINGTON | DIRECTOR BOARD MEMBER Trustee or director | 0 | $0 |
| SUSAN SCHMITZ | DIRECTOR BOARD MEMBER Trustee or director | 0 | $0 |
| GARY PETERSON | DIRECTOR BOARD MEMBER Trustee or director | 0 | $0 |
| DAVE CIESLEWICZ | DIRECTOR BOARD MEMBER Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2118 WAUNONA WAY, MADISON, WI 53713-1618
- In care of
- % LINDSAY SUTTIN
- Principal officer (990 for 2024)
- CHRISTOPHER S FORTUNE, 2118 WAUNONA WAY, MADISON, WI 53713
- Signed the 990
- CHRISTOPHER S FORTUNE, PRESIDENT
- Phone
- (608) 513-6156
- Website
- WWW.SARISFOUNDATION.ORG
- Return prepared by
- GERALD C CONDON JR AND ASSOCIATES
Mission
THE PURPOSE OF THE ORGANIZATION IS TO ASSIST MUNICIPALITIES AND OTHER NONPROFIT ENTITIES IN DEVELOPING BIKE, SKATEBOARD AND OTHER RECREATIONAL PARKS FOR USE BY CHILDREN AND ADULTS. IN DEVELOPING THE PARKS, THE ORGANIZATION WILL ASSIST WITH RAISING OR PROVIDING GRANTS TO THE MUNICIPALITY, AS WELL AS PROVIDING ASSISTANCE FOR THE DEVELOPING ORGANIZATION WITH ANY OTHER ASPECTS OF THE PARKS THEY DESIRE.
Program accomplishments
- FUNDING BIKE PARK PROJECTS IN NEIGHBORHOOD SPACES, TO SERVE UNDERREPRESENTED KIDS, TEENS AND YOUNG ADULTS. PROVIDE RESOURCES AND GUIDANCE TO ASSIST WITH THE PROCESS OF INCOPORATING BIKE PARKS INTO PUBLIC PARKS. IN 2024 SARIS BIKE PARKS FOR KIDS PROVIDED SUPPORT TO THE MADISON PARKS FOUNDATION IN MADISON WI TO BE USED FOR THE MADISON SKATEPARKS FUND. THE FOUNDATION ALSO SUPPORTED BIKES FOR KIDS WISCONSIN WHICH IS DEDICATED TO PROVIDING BICYCLE-BASED TRANSPORTATION TO THOSE MOST IN NEED.Expenses $13,000 · grants $13,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-1041759
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N32)
- Assets (IRS master file)
- $400,266
- Income (IRS master file)
- $64,780
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $35,435 | $45,647 | $400,266 | IRS |
| 990 | December 2023 | $28,089 | $33,303 | $397,732 | XML |
| 990 | December 2022 | $20,474 | $85,759 | $378,530 | IRS |
| 990 | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-1041759).
Questions about SARIS BIKE PARKS FOR KIDS FOUNDATION INC
- What is the EIN of SARIS BIKE PARKS FOR KIDS FOUNDATION INC?
- The employer identification number (EIN) of SARIS BIKE PARKS FOR KIDS FOUNDATION INC is 87-1041759.
- Is SARIS BIKE PARKS FOR KIDS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to SARIS BIKE PARKS FOR KIDS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SARIS BIKE PARKS FOR KIDS FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SARIS BIKE PARKS FOR KIDS FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SARIS BIKE PARKS FOR KIDS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SARIS BIKE PARKS FOR KIDS FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names CHRISTOPHER S FORTUNE.
- Who are the officers and directors of SARIS BIKE PARKS FOR KIDS FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does SARIS BIKE PARKS FOR KIDS FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $35,435, expenses of $45,647 and total assets of $400,266 at year end.
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