NonprofitsSilicon Valley Bicycle Exchange

Human Services

Silicon Valley Bicycle Exchange

PALO ALTO, CA

Total revenue

$408K

Total expenses

$351K

Net assets

$1.2M

Grants received

$290K

12 grants

EIN

461608203

Tax year

2024

Mission

The silicon valley bicycle exchange is dedicated to serving the community while inspiring people to learn the art of bicycle repair.

Programs

2 programs

Bike donation operations - silicon valley bicycle exchange donated 817 bicycles to charitable organizations supporting children, military veterans, and the homeless. Along with these donations silicon valley bicycle exchange donated 533 locks, 308 helmets and 266 lights sets, all of which were new. Additionally, 178 bicycles were repaired at 7 offsite events that offered basic bike repair and knowledge sharing to those who may not have access to traditional bike shops.

Expenses: $75KGrants: $43K

General programs - silicon valley bicycle exchange promoted bicycle repair eduction by hosting over 165 skills sharing events that were supported and attended by more than 500 volunteers, who collectively volunteered over 10,000 hours of their time.

Expenses: $48KGrants: $400

Financials

FY 2024

Revenue

Contributions & grants$179K
Program service revenue$4K
Investment income$2K
Other revenue$222K
Total revenue$408K

Expenses

Grants paid$44K
Salaries & benefits$180K
Fundraising$3K
Other expenses$127K
Total expenses$351K
Total assets$1.2M
Net assets$1.2M

People

4 listed

NameRoleCompensation

DAVID FORK

PRESIDENT

Board

17 hrs/wk

KATY TRIPP

TREASURER

Board

1 hrs/wk

ROSS STOVALL

SECRETARY

Board

21 hrs/wk

NICOLE COVE

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 12 of 12

FromAmountPurposeYear
$10K
GENERAL OPERATING SUPPORT
2024
$6K
GENERAL SUPPORT OF MISSION
2024
$1K
General & Unrestricted
2023
$8K
OPERATIONS
2020
$8K
OPERATING SUPPORT
2019

Funded by

$290K from 6 funders · 12 grants · 2019–2024

American Online Giving Foundation Inc

$252K · 6 grants · 2019–2024

The Palo Alto Community Fund

$18K · 2 grants · 2019–2024

Los Altos Mountain View

$8K · 1 grant · 2020

Daffy Charitable Fund

$6K · 1 grant · 2024

The Corrigan-Walla Foundation

$1K · 1 grant · 2023

Details

EIN461608203
NTEE codeP20
Subsection03
Ruling date2013-12
Formed2013
Employees6
Volunteers601
SILICON VALLEY BICYCLE EXCHANGE — Mission, Financials & Grants Received | Grantivo