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Nonprofit · EIN 76-0813009

VELOCIPEDE BIKE PROJECT

Tax-exempt · BALTIMORE, MD 21203

Financials

$93K$66K2023$110K$77K2024
Revenue Expenses · by fiscal year end
Financials of VELOCIPEDE BIKE PROJECT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$109,864$77,179$32,685$190,393$4,770$185,623
June 30, 2024990$93,475$66,160$27,315$155,154$2,215$152,939
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$14,593
Program service revenue
$93,993
Investment income
$499
Other revenue
$779

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$2,781
Accounting fees
$1,645
Occupancy
$28,634
Travel
$64
Program services (functional)
$34,212
Management and general (functional)
$42,967

Balance sheet and other

Total assets, start of year
$155,154
Total assets, end of year
$190,393
Total liabilities, end of year
$4,770
Net assets, end of year
$185,623
Net assets without donor restrictions
$185,623
Gross receipts
$109,864
Employees
0
Volunteers
61
Year formed
2006
State of legal domicile
MD

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Alex Ajayipresident
Trustee or director, Officer
10$0
Jonathon Poliszuksecretary
Trustee or director, Officer
12$0
Samuel Helmeytreasurer
Trustee or director, Officer
10$0
Lars Petersonquartermaster
Trustee or director
8$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
Jonathon Poliszukpresident, collective member
Trustee or director, Officer
12$0
Alex Ajayisecretary, collective member
Trustee or director, Officer
15$0
Samuel Helmeytreasurer, collective member
Trustee or director, Officer
10$0
Lars Petersoncollective member
Trustee or director
17$0

Address and contacts

Address (IRS master file)
PO BOX 22562, BALTIMORE, MD 21203-4562
In care of
% LARS ANDREW PETERSON
Principal officer (990 for 2024)
Alex Ajayi, 2636 Miles Avenue, Baltimore, MD 21211
Signed the 990
Alex Ajayi, president
Phone
(410) 244-5585

Mission

See page 1, Part I, line 1.

990 for the year ended June 30, 2025

Program accomplishments

  • Velocipede Bike Project, Inc. (VBPI) conducts one program, Community Bike Shop. For the program's Open Shop, patrons, for a small fee, maintain and repair their bicycles with assistance from volunteer mechanics. They can use our professional tools, and purchase new consumables and donated parts at low prices. During FY2024, VBPI served 816 patrons (not duplicated) in Open Shop sessions. In the shop, volunteers overhaul and safety-check donated bicycles for sale. Over 120 in-kind donations of bicycles, components and accessories were received in the shop, and VBPI received 313 donated bicycles, successfully diverting many from the waste stream. Volunteers repaired and sold 51 donated bicycles. VBPI volunteers teach classes in bicycle maintenance and repair; 48 people took classes. Through our Bike Aid activity, added last FY, we refurbished and donated five bicycles to people with limited means.
    Expenses $34,212 · revenue $95,271

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
76-0813009
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
2009
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$190,393
Income (IRS master file)
$109,864

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$109,864$77,179$190,393XML
990June 2024$93,475$66,160$155,154XML
990June 2023$79,205$57,990$130,164IRS
990June 2022$83,911$35,275$110,434IRS
990June 2021–––IRS
990June 2020–––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 76-0813009).

Questions about VELOCIPEDE BIKE PROJECT

What is the EIN of VELOCIPEDE BIKE PROJECT?
The employer identification number (EIN) of VELOCIPEDE BIKE PROJECT is 76-0813009.
Is VELOCIPEDE BIKE PROJECT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to VELOCIPEDE BIKE PROJECT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VELOCIPEDE BIKE PROJECT 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 VELOCIPEDE BIKE PROJECT due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VELOCIPEDE BIKE PROJECT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of VELOCIPEDE BIKE PROJECT?
The 990 for the year ended June 30, 2025 names Alex Ajayi.
Who are the officers and directors of VELOCIPEDE BIKE PROJECT?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does VELOCIPEDE BIKE PROJECT have?
On its 990 for the year ended June 30, 2025 it reported revenue of $109,864, expenses of $77,179 and total assets of $190,393 at year end.

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