Overview

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Est.

2013

Fiscal Year Start

Apr 1

Organization Type

Grantseeker

AI Summary

Bearings Bike Shop Inc, a nonprofit organization with an EIN of 45-4335893, focuses on human services by empowering youth through skill-building initiatives related to cycling. With an operating budget of $1.3 million and total revenue of $2.3 million for the 2025 filing year, the organization is supported by multiple funders, none of which contribute over 50% of its revenue. More information can be found on their website at http://bearingsbikeworks.org.

Mission Statement

BEARINGS BIKE WORKS PUTS THE RIGHT TOOLS IN THE HANDS OF YOUTH, ENABLING THEM TO ADVANCE THEIR SKILLS TO BUILD PRODUCTIVE LIVES.
Revenues
$2.3M
Expenses
$1.3M
Net Income:
+$1M
Assets
$4.2M
Liabilities
$196.5K
Net Assets:
+$4M
Operating Budget
$1.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
21
Median grant size
$20K
Largest grant received
$150K
T
Timothy O'Mara
Board Member
J
Jim Lokey
Board Member
D
Darryl Lesure
Board Member

Frequently Asked Questions

What is BEARINGS BIKE SHOP INC’s budget?
In 2025, BEARINGS BIKE SHOP INC reported an annual operating budget of around $1.3 million. More detailed financial information is available to registered users.
What causes does BEARINGS BIKE SHOP INC support?
BEARINGS BIKE SHOP INC supports work in Human services.
Where does BEARINGS BIKE SHOP INC operate?
BEARINGS BIKE SHOP INC is headquartered in Atlanta, GA.
Who funded BEARINGS BIKE SHOP INC recently?
In 2025, BEARINGS BIKE SHOP INC received grants from DICK'S SPORTING GOODS FOUNDATION, REI COOPERATIVE ACTION FUND, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant BEARINGS BIKE SHOP INC received in 2024?
The largest grant to BEARINGS BIKE SHOP INC in 2024 exceeds $150 thousand.
What is BEARINGS BIKE SHOP INC’s reliance on government grants?
BEARINGS BIKE SHOP INC relied on government grants for more than 80% of their total revenue in 2025.