2025-10-02T11:05:57-05:00 2024-12-31 991856619 GRANT THORNTON ADVISORS LLC 171 N CLARK ST STE 200 CHICAGO IL 60601 990 2024-01-01 205080679 WORLD BICYCLE RELIEF NFP WORL 3126643604 1000 WEST FULTON MARKET CHICAGO IL 60607 JEFF BOSKEN EXEC DIR. OF FINANCE & ADMIN. 3126643604 2025-10-02 1 0 BRIDGET T ROCHE P00666837 9209686700 2024 2025-03-06 01:10:19Z DAVID H NEISWANDER 1000 WEST FULTON MARKET CHICAGO IL 60607 14480228 0 X WWW.WORLDBICYCLERELIEF.ORG X 2006 IL WORLD BICYCLE RELIEF MOBILIZES COMMUNITIES IN RURAL REGIONS AROUND THE (CONTINUED IN SCHEDULE O) WORLD TO THRIVE WITH LIFE CHANGING BICYCLES. BY COMBINING (BICYCLE) PRODUCT DEVELOPMENT WITH COMMUNITY-LED PROGRAMMING AND SOCIAL ENTERPRISE, STUDENTS, COMMUNITY SERVICE PROVIDERS, FARMERS AND ENTREPRENEURS CAN IMPROVE THEIR ACCESS TO EDUCATION, HEALTHCARE AND ECONOMIC OPPORTUNITIES WITH A PURPOSE-DESIGNED BUFFALO BICYCLE, SUPPORTED BY AN ECOSYSTEM OF SUSTAINABLE MOBILITY. 9 6 31 10 0 0 15345619 13895269 0 0 178048 129174 1305 294336 15524972 14318779 7530648 5817756 0 0 5015356 5257554 0 0 2681761 3928403 2561040 16474407 13636350 -949435 682429 13342292 10289972 2310489 2861571 11031803 7428401 X WORLD BICYCLE RELIEF MOBILIZES COMMUNITIES IN RURAL REGIONS AROUND THE WORLD TO THRIVE WITH LIFE CHANGING BICYCLES. (CONT'D IN SCHEDULE O) 0 0 7050820 5817756 0 PROGRAM ACTIVITIESWBR'S MOBILIZED COMMUNITIES PROGRAM MODEL DRIVES SUSTAINABLE BICYCLE USE THROUGH COMMUNITY-LED MULTISECTOR PROGRAMMING, SUPPORTING IMPROVED RURAL ACCESS TO HEALTHCARE, EDUCATION, CONSERVATION, AND LIVELIHOODS. IN PARTNERSHIP WITH COMMUNITIES AND SUPPORT FROM GOVERMENTS, BUSINESSES AND NGOS, TARGETED REGIONS BENEFIT FROM AN INFUSION OF QUALITY BICYCLES, PROGRAMMING, AND MECHANIC TRAINING. (CONTINUED IN SCHEDULE O). 1391672 0 0 PRODUCT DEVELOPMENTFOR THOSE WORLD BICYCLE RELIEF SERVES, THE VALUE OF A BICYCLE IS ULTIMATELY MEASURED IN THE TIME AND EFFORT IT SAVES. THE VALUE OF THE BUFFALO BICYCLE ISNT IN THE OBJECT ITSELF, BUT RATHER IN THE FUCTION IT PROVIDES. BUFFALO BICYCLES DRAMATICALLY INCREASE EFFICIENCY FOR ITS USERS - INDIVIDUALS AT THE LOWEST LEVEL OF THE ECONOMIC LADDER. (CONTINUED IN SCHEDULE O). 0 0 749724 MONITORING AND EVALUATIONWORLD BICYCLE RELIEF CONSISTENTLY MEASURES THE IMPACT OF BICYCLES IN BOTH WBR-LED AND PARTNER-LED PROGRAMS. WE APPLY A RIGOROUS MONITORING AND EVALUATION FRAMEWORK TO ENSURE THAT OUR INTERVENTIONS ARE EVIDENCE-BASED, ADAPTIVE, AND RESPONSIVE TO THE NEEDS OF THE COMMUNITIES WE SERVE. KEY METRICS INCLUDE CHANGES IN PARTICIPANT ACCESS TO HEALTHCARE, EDUCATION, AND ECONOMIC OPPORTUNITIESAND OVER THE LONG TERM, IMPROVEMENTS IN INCOME, EMPOWERMENT, AND HOUSEHOLD RESILIENCE.IN 2024, WBR AND RESEARCH PARTNER IDINSIGHT COMPLETED THE ORGANIZATION'S FIRST RANDOMIZED CONTROLLED TRIAL (RCT) FOCUSED SPECIFICALLY ON THE IMPACT OF BICYCLES ON ADULT LIVELIHOODS. CONDUCTED IN MUMBWA DISTRICT, ZAMBIA, THE STUDY FOUND THAT ACCESS TO A BUFFALO BICYCLE LED TO SIGNIFICANT IMPROVEMENTS IN INCOME-GENERATING ACTIVITY, TIME SAVINGS, AND ACCESS TO MARKETS AND ESSENTIAL SERVICESPARTICULARLY FOR WOMEN. THIS LANDMARK EVALUATION VALIDATES THE MOBILIZED COMMUNITIES MODEL AS A HIGH-IMPACT, SCALABLE APPROACH TO ADDRESSING MOBILITY POVERTY IN RURAL REGIONS.BY LEVERAGING INSIGHTS FROM BOTH QUANTITATIVE RESEARCH AND ONGOING COMMUNITY FEEDBACK, WBR CONTINUOUSLY IMPROVES ITS PROGRAMS, PRODUCT DESIGN, AND IMPLEMENTATION STRATEGIES TO MAXIMIZE LONG-TERM IMPACT AND SUSTAINABILITY. 749724 9192216 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 1 1 1 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 1 X 21 0 1 31 1 0 1 ZA KE MP ZI MI CO SP GM UG TZ 0 0 0 0 0 0 0 0 0 0 X 9 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR AZ CA CT FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OH OK OR PA RI TN UT VA WV WI X X JEFF BOSKEN 3126643604 1000 WEST FULTON MARKET CHICAGO IL 60607 FREDERICK KW DAY BOARD MEMBER 1.00 0.00 X 0 0 0 STANLEY DAY BOARD MEMBER 1.00 0.00 X 0 0 0 LEAH MISSBACH DAY BOARD MEMBER 1.00 0.00 X 0 0 0 PETER O'HAGAN BOARD MEMBER (THRU 01/24) 1.00 0.00 X 0 0 0 ANNA-MARIE HARLING BOARD MEMBER 1.00 0.00 X 0 0 0 NATHANIEL HELLER BOARD MEMBER 1.00 0.00 X 0 0 0 MICHAEL ROBERT HERR BOARD MEMBER 1.00 0.00 X 0 0 0 LIZ KELLISON BOARD MEMBER 1.00 0.00 X 0 0 0 ESTHER NDETI BOARD MEMBER 1.00 0.00 X 0 0 0 DAMARIS PARSITAU BOARD MEMBER (THRU 01/24) 1.00 0.00 X 0 0 0 ROBERT PERKOWITZ BOARD MEMBER 1.00 0.00 X 0 0 0 DAVID NEISWANDER CEO 40.00 0.00 X 367859 0 26848 JEFFREY BOSKEN TREASURER & CORP SECRETARY 40.00 0.00 X 233911 0 41293 ANDREW SAMWAYS VP OF PRODUCT DEVELOPMENT 40.00 0.00 X 300468 0 40304 ALISHA MYERS SII DIRECTOR 40.00 0.00 X 260851 0 11362 SEAN GRANVILLE ROSS ED OF PROGRAMS 40.00 0.00 X 267819 0 25014 DAWN MOEN ED DEVELOPMENT, MARKETING, & COMMS 40.00 0.00 X 170275 0 24645 ANDREW BATCHELOR INSTITUTIONAL MARKETS LEAD 40.00 0.00 X 173876 0 6316 1775059 0 175782 18 0 1 0 GRANT THORNTON ADVISORS LLC 171 N CLARK ST SUITE 200 CHICAGO IL 60601 ACCOUNTING 183833 1 359184 3252129 250000 10033956 815718 13895269 142079 142079 300237 300237 9809 3096 -9809 -3096 -12905 -12905 128110 359184 131258 -3148 -3148 12533 17286 -4753 -4753 PHOTO USE FEE 900099 2000 2000 2000 14318779 0 0 423510 5817756 5817756 601770 392850 190527 18393 3813964 1780913 431755 1601296 143563 70022 20567 52974 299555 140659 36131 122765 398702 237736 43974 116992 110394 110394 247995 25901 222094 567982 286649 127115 154218 235008 83558 388 151062 266612 20446 51945 194221 454565 62515 307332 84718 29253 16270 12983 236824 105747 50896 80181 101401 2818 7635 90948 219577 109788 109789 43949 38016 5933 46908 45898 1010 BICYCLE FRIEGHT 572 572 0 0 13636350 9192216 1762373 2681761 735744 898643 788617 596751 111112 149225 607118 499638 151353 107480 0 0 11553812 8536218 1654 1655 13342292 10289972 728874 517317 0 0 1500000 2300000 81615 44254 2310489 2861571 X 10931803 7348401 100000 80000 11031803 7428401 13342292 10289972 X 682429 -4285831 X 0 1 X 1 0 X 9452136 12250988 12203140 15345619 13895269 63147152 9452136 12250988 12203140 15345619 13895269 63147152 20930225 42216927 98097 119266 111219 135314 442316 906212 18967 12426 12339 11650 142663 198045 64251409 0.65710 0.72970 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM INVENTORY - 2020 AMOUNT: $ 18,967. 2021 AMOUNT: $ 12,426. 2022 AMOUNT: $ 12,174. 2023 AMOUNT: $ 11,650. 2024 AMOUNT: $ 12,553. PHOTO USE FEE/FILM USE FEE - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 165. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 2,000. GROSS INCOME FROM FUNDRAISING - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 128,110. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 440116 332713 107403 167002 166925 77 107480 PRI LOAN - ZAMBIA 1499946 F PRI LOAN - KENYA 1230140 F PRI LOAN - MAURITIUS 4145143 F PRI LOAN - SPAIN 811958 F PRI LOAN - MALAWI 6850 F PHILANTHROPIC 605054 F PRI LOAN - COLOMBIA 232318 F PRI LOAN - UGANDA 4810 F 8536218 DUE TO WBR UK 37692 DUE TO BB ZIMBABWE 6563 44254 X 15464817 1115847 1115847 14348970 -30191 -30191 14318779 19068219 1115847 4284676 5400523 13667696 -31346 -31346 13636350 PART X, LINE 2: FIN 48 WBR NFP IS A NOT-FOR-PROFIT ENTITY, AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE IRC), AND WAS ORGANIZED AND INCORPORATED IN ILLINOIS AS A NOT-FOR-PROFIT ORGANIZATION IN 2006. WBR NFP HAS RECEIVED A FAVORABLE DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE FOR ITS SECTION 501(C)(3) STATUS UNDER THE IRC OF 1986, AND IS EXEMPT FROM INCOME TAXES, EXCEPT TO THE EXTENT OF ANY UNRELATED BUSINESS INCOME. FOR THE PERIODS ENDED DECEMBER 31, 2024, AND 2023, THE ORGANIZATION DOES NOT HAVE UNRELATED BUSINESS INCOME. AS OF DECEMBER 31, 2024 AND 2023, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -17,286. INVESTMENT RETURN -9,809. FOREIGN EXCHANGE, GAIN -3,096. PART XII, LINE 2D - OTHER ADJUSTMENTS: INTERCOMPANY WRITE-OFF 4,284,676. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -17,286. INVESTMENT RETURN -9,809. FOREIGN EXCHANGE, LOSS -3,096. DONATION REFUND -1,155. 1 SUB-SAHARAN AFRICA 8 0 GRANTMAKING PROGRAM IMPLEMENTATION 3333215 EUROPE (INCLUDING ICELAND & GREENLAND) 4 0 GRANTMAKING PRODUCT DEVELOPMENT 663949 SOUTH AMERICA 1 0 GRANTMAKING BICYCLES 588566 EAST ASIA AND THE PACIFIC 1 0 GRANTMAKING PROGRAM IMPLEMENTATION 500000 SUB-SAHARAN AFRICA 0 0 GRANTMAKING BICYCLES 413640 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING PRODUCT DEVELOPMENT 151119 SOUTH AMERICA 0 0 GRANTMAKING PROGRAM IMPLEMENTATION 134069 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INTERCOMPANY SERVICE FEE PRODUCT DEVELOPMENT 33198 14 0 0 0 14 0 5817756 0 5817756 SUB-SAHARAN AFRICA PROGRAM IMPLEMENTATION 2914751 WIRE 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, PROGRAM IMPLEMENTATION 106086 WIRE 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, PROGRAM IMPLEMENTATION 259647 WIRE 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, PROGRAM IMPLEMENTATION 296170 WIRE 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, PROGRAM IMPLEMENTATION 46458 WIRE 0 SOUTH AMERICA PROGRAM IMPLEMENTATION 722635 WIRE 0 SUB-SAHARAN AFRICA PROGRAM IMPLEMENTATION 123743 WIRE 0 EAST ASIA AND THE PACIFIC PROGRAM IMPLEMENTATION 151119 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM IMPLEMENTATION 697147 WIRE 0 EAST ASIA AND THE PACIFIC PROGRAM IMPLEMENTATION 500000 WIRE 0 10 1 0 1 0 0 0 PART I, LINE 2: WBR PROVIDED GRANTS TO WORLD BICYCLE RELIEF - ZAMBIA LIMITED, A RELATED FOREIGN CORPORATION, WORLD BICYCLE RELIEF - AFRICA FUNDING, BUFFALO BICYCLE LIMITED, BUFFALO BICYCLE SOUTH AFRICA, WORLD BICYCLE RELIEF (PRIVATE) LIMITED, BUFFALO BICYCLE MALAWI, BUFFALO BICYCLE UGANDA, BUFFALO BICYCLE COLOMBIA, AND WORLD BICYCLE RELIEF COLOMBIA. WBR REQUIRES GRANTEES TO SUMMARIZE HOW GRANTS ARE UTILIZED. IN ADDITION, THE AFRICA DIRECTOR MONITORS THE USE OF FUNDS AND REPORTS DIRECTLY BACK TO WBR. WBR ALSO HAS EMPLOYEES PERFORMING PROGRAM SERVICES IN ZAMBIA, ZIMBABWE, MALAWI, COLOMBIA, UGANGA, AND KENYA WHO MONITOR THE USE OF THE FUNDS. 0 COMMUNITIES ON THE MOVE - CHICAGO 487294 359184 128110 15300 48600 5192 32684 1400 28082 487294 359184 128110 15300 48600 5192 32684 1400 28082 131258 -3148 X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 DAVID NEISWANDER CEO 367859 0 0 0 0 0 10600 0 16248 0 394707 0 0 0 ANDREW SAMWAYS VP OF PRODUCT DEVELOPMENT 146230 0 0 0 154238 0 6708 0 33596 0 340772 0 0 0 SEAN GRANVILLE ROSS ED OF PROGRAMS 163453 0 0 0 104366 0 10149 0 14865 0 292833 0 0 0 JEFFREY BOSKEN TREASURER & CORP SECRETARY 233911 0 0 0 0 0 8504 0 32789 0 275204 0 0 0 ALISHA MYERS SII DIRECTOR 173013 0 0 0 87838 0 6339 0 5023 0 272213 0 0 0 DAWN MOEN ED DEVELOPMENT, MARKETING, & COMMS 170275 0 0 0 0 0 6621 0 18024 0 194920 0 0 0 ANDREW BATCHELOR INSTITUTIONAL MARKETS LEAD 173876 0 0 0 0 0 6316 0 0 0 180192 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE AND RESIDENCE FOR PERSONAL USE DURING THE CALENDAR YEAR 2024, ALISHA MYERS AND ANDREW SAMWAYS RECEIVED THE FOLLOWING TAXABLE SERVICES: ANDREW SAMWAYS: HOUSING $29,318 EMPLOYER-PROVIDED AUTOMOBILE $8,021 TUITION ASSISTANCE FOR FAMILY $1,533 TRAVEL $8,010 TAX SERVICES $2,325 -------------- TOTAL $49,207 ALISHA MYERS : TAX SERVICES $2,075 --------------- TOTAL $2,075 THE HOUSING ALLOWANCE PROVIDED HOUSING THAT ALLOWED ANDY SAMWAYS TO CONDUCT BUSINESS AFFAIRS AND BE AVAILABLE 24/7 TO RESPOND TO EMERGENT SITUATIONS THAT MAY ARISE. IT IS IN THE JOB DESCRIPTION FOR THEM TO BE ON SITE WORKING FOR WORLD BICYCLE RELIEF AND THE HOUSING PROVIDED MAKES THIS POSSIBLE. THE HOUSING ALLOWANCE IS BASED ON A MONTHLY RENTAL FEE OF A HOUSE OR APARTMENT. THE RESIDENCE IS FOR PERSONAL USE. THE HOUSING IS TREATED AS TAXABLE INCOME AND IS REPORTABLE AS INCOME ON THEIR FORMS W-2. TAX GROSS-UP PAYMENTS DURING THE CALENDAR YEAR 2024, THE FOLLOWING INDIVIDUALS WERE PROVIDED TAX GROSS-UP PAYMENTS: ANDREW SAMWAYS $ 105,031 ALISHA MYERS $ 87,838 SEAN GRANVILLE ROSS $ 104,366 FK DAY SUBSTANTIAL CONT. 1913055 BUS. REL. 0 SRAM LLC TRUSTEES/OFFICERS 734948 REIMBURSE 0 STAN DAY SUBSTANTIAL CONT. 122191 BUS. REL. 0 PART IV: F.K. DAY, STAN DAY, AND MICHAEL HERR AS BOARD MEMBERS AND/OR OFFICERS HAVE A BUSINESS RELATIONSHIP WITH SRAM LLC. SRAM LLC PROVIDES DONATED SALERIES AND IN-KIND RENTAL SPACE AND UTILITIES TO WORLD BICYCLE RELIEF. THIS AMOUNT WAS PAID AT FAIR MARKET VALUE. X 16 751218 FMV X AUCTION ITEMS 5 48600 FMV 0 1 0 PART I, COLUMN (B): WORLD BICYCLE RELIEF, NFP IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:(CONTINUED) WE ADDRESS THE SYSTEMIC CHALLENGES OF DISTANCE AND RURAL MOBILITY BY MANUFACTURING A BICYCLE SPECIALLY DESIGNED TO MEET THE NEEDS AND PREFERENCES OF PEOPLE IN LOW INCOME REGIONS DEALING WITH ROUGH ROADS AND HEAVY LOADS IN RURAL AREAS. RUGGED, AFFORDABLE, LONG-LASTING, AND LOCALLY-ASSEMBLED, WBR DISTRIBUTES THE BUFFALO BICYCLE TO HEALTH CARE PROVIDERS, STUDENTS, FARMERS, AND OTHER COMMUNITY SERVICE WORKERS WHO CANNOT AFFORD TO BUY THEM. WE SUPPORT A SUSTAINABLE BICYCLE MOBILITY ECOSYSTEM FOR BICYCLE RIDERS BY, TRAINING LOCAL BICYCLE MECHANICS, PROVIDING MARKET-BASED ACCESS TO SPARE PARTS, AND NURTURING COMMUNITY OWNERSHIP OF PROGRAMMING FOR LONG-TERM IMPACT. SINCE 2005, WBR HAS DISTRIBUTED 891,000 PURPOSE-BUILT BICYCLES (AS OF MAY 2025), IMPACTING AN ESTIMATED 4 MILLION INDIVIDUALS ACROSS 23 COUNTRIES. WE LEARN AND ADAPT PROGRAMMING BASED ON USER AND PARNTER FEEDBACK, RIGOROUSLY MEASURE RESULTS, AND ITERATE THE BUFFALO BICYCLE AND OUR PROGRAMS TO OPTIMIZE IMPACT. ILLUSTRATIVE RESULTS * EDUCATION: WBR'S EDUCATION PROGRAMMING IN ZAMBIA WAS THE SUBJECT OF A RECENT STUDY AN INDEPENDENT RANDOMIZED CONTROLLED TRIALLED BY INNOVATIONS FOR POVERTY ACTION. THE STUDY FOUND THAT OVER JUST ONE YEAR, GIRLS WITH OUR BUFFALO BICYCLES AND SUPPORTIVE PROGRAMMING ACHIEVED A 66% INCREASE IN PUNCTUALITY, 28% REDUCTION IN ABSENTEEISM, 33% REDUCTION IN TIME TO TRAVEL TO SCHOOL (SAVING THEM NEARLY SIX HOURS A WEEK), IMPROVED MATH SCORES, AND INCREASED FEELINGS OF SAFETY. AS IMPORTANTLY, THE RESEARCHERS ALSO FOUND STATISTICALLY SIGNIFICANT IMPROVEMENTS IN AN ARRAY OF MEASURES OF GIRLS' EMPOWERMENT, SUCH AS PRO-SOCIALITY, LOCUS OF CONTROL, BARGAINING POWER, FERTILITY PREFERENCES, AND SELF-IMAGE. A FOLLOW UP EVALUATION FOUND GIRLS WITH BUFFALO BICYCLES FOR TWO YEARS WERE 19% LESS LIKELY TO DROP OUT OF SCHOOL. * HEALTH: ON TWO U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT FUNDED HEALTH FOCUSED ACTIVITIES, THE PROJECTS FOUND THAT WITH A BUFFALO BICYCLE, HEALTH WORKERS IN KENYA INCREASED THEIR MONTHLY PATIENT VISITS 88%, BOOSTED PATIENT REFERRALS UP TO 50%, AND CONTRIBUTED TO TUBERCULOSIS DRUG DEFAULTER RATES DROPPING TO 0% IN A SAMPLE OF CLINICS. IN ZAMBIA, WHERE RETAINING VOLUNTEER HEALTH WORKERS CAN BE A MAJOR CHALLENGE, THE PROJECT FOUND THAT WITH A TWO-YEAR SERVICE-TO-OWN INCENTIVE AGREEMENT FOR A BICYCLE, HEALTH WORKER RETENTION RATES REACHED 95%. * LIVELIHOODS: THROUGH A PARTNERSHIP WITH A LOCAL ZAMBIAN DAIRY COOPERATIVE PROVIDING MILK TO PARMALAT, WBR HAS BEEN SELLING BUFFALO BICYCLES TO SMALL HOLDER DAIRY FARMERS. WITH THEIR BICYCLE, THE COOPERATIVE'S FARMERS INCREASED THEIR DELIVERIES BY 25% AND INCOMES BY 23%, WHILE MAINTAINING A 100% REPAYMENT RATE. IN SUPPORT OF A FOOD AND AGRICULTURE ORGANIZATION ACTIVITY PROMOTING CONSERVATION AGRICULTURE PRACTICES, LEAD FARMERS THAT WERE PROVIDED BUFFALO BICYCLES INCREASED THEIR FOLLOWER FARMER VISITS BY 120%, 79% OF LEAD FARMERS WERE ABLE TO VISIT MORE FOLLOWER FARMERS PER MONTH, AND TIME TO MARKET DROPPED BY 45%, SAVING 3.5 HOURS PER WEEK WHILE REDUCING POST-HARVEST LOSSES. THE NEED ACCORDING TO THE WORLD BANK, ONE BILLION PEOPLE LACK ACCESS TO ECONOMIC OPPORTUNITIES, MARKETS, HEALTHCARE, AND EDUCATION DUE TO DISTANCE. IN AFRICA ALONE, 70% OF THE RURAL POPULATION LACK ACCESS TO ALL SEASON ROAD AND TRANSPORT SERVICES, AND PRIMARILY RELY ON WALKING. RURAL HOUSEHOLDS FACE SEVERAL BARRIERS PREVENTING THEM FROM OVERCOMING THE CHALLENGE OF DISTANCE. IN SPARSELY POPULATED GEOGRAPHIES, NATIONAL AND LOCAL GOVERNMENTS PROVIDE FEW PUBLIC TRANSPORT OPTIONS. PERSONAL TRANSPORT ASSETS, LIKE BICYCLES AND MOTORBIKES, ARE RELATIVELY EXPENSIVE FOR LOW INCOME HOUSEHOLDS, AND RURAL HOUSEHOLDS ALSO HAVE LIMITED ACCESS TO FINANCIAL SERVICES AND PRODUCTS. AND, EVEN IF A HOUSEHOLD PURCHASES A PERSONAL TRANSPORT ASSET, THOSE AVAILABLE TEND TO BE OF POORER QUALITY, DON'T LAST LONG, DON'T MEET THE HOUSEHOLD'S NEEDS, ARE COSTLY TO MAINTAIN, AND HAVE LIMITED OPTIONS FOR SPARE PARTS AND MAINTENANCE. AS A RESULT, DISTANCE AND LACK OF AFFORDABLE, RELIABLE TRANSPORTATION HAVE PROFOUND IMPACT ON DEVELOPMENT OUTCOMES. FOR EXAMPLE, ACCORDING TO THE U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT, 47% OF RURAL-BASED WOMEN IN ZIMBABWE CITED DISTANCE AS A PRIMARY CHALLENGE TO ACCESSING HEALTH CARE VERSUS JUST 10% OF URBAN-BASED WOMEN. IN MALAWI, NET ATTENDANCE FOR SECONDARY SCHOOLS IN RURAL AREAS IS JUST 13%, A THIRD OF THE RATE OF SECONDARY SCHOOL ATTENDANCE IN URBAN AREAS. AND IN ZAMBIA, 64% OF RURAL RESIDENTS FALL WITHIN THE LOWEST TWO WEALTH QUINTILES VERSUS 3.1% OF URBAN RESIDENTS. MEETING THE NEED AND MARKET DEMAND WBR ADDRESSES THE NEED AND MARKET DEMAND FOR AFFORDABLE, QUALITY BICYCLE TRANSPORT IN DEVELOPING REGIONS OF THE WORLD THROUGH A HOLISTIC, SUSTAINABLE APPROACH. WE UTILIZE AN INNOVATIVE BUSINESS MODEL: WBR IS A 501(C)3 NOT-FOR-PROFIT THAT OWNS 100% OF BUFFALO BICYCLE LIMITED, A FOR-PROFIT SOCIAL ENTERPRISE. THROUGH WBR'S 501(C)3, WBR RAISES FUNDS TO PROVIDE TRANSPORT SOLUTIONS TO THOSE WHO CANNOT AFFORD THEM, AND THROUGH BUFFALO BICYCLE LIMITED, WE SELL THE BUFFALO BICYCLE, SPARE PARTS, AND VALUE-ADDED SERVICES. ALL PROCEEDS FROM BICYCLE SALES SUPPORT WBR-FUNDED PROGRAMS, REPLACING SOME OF THE NEED FOR PHILANTHROPIC FUNDS. BUFFALO BICYCLE LIMITED ALSO MULTIPLIES OUR IMPACT BY INCREASING MARKET ACCESS TO AFFORDABLE/HIGH-QUALITY BICYCLE TRANSPORT, DIVERSIFYING OUR FUNDING BASE, PROVIDING A MARKET-BASED SUPPLY CHAIN OF SPARE PARTS, AND CREATING MANUFACTURING ECONOMIES OF SCALE THAT LOWER THE PER BIKE COST OF WBR PROGRAMS. WE DISTRIBUTE OUR BICYCLES THROUGH THREE PRIMARY CHANNELS: ORGANIZATIONAL SALES AND PARTNERSHIPS (E.G. UN AGENCIES, NGOS), CONSUMER SALES (E.G. INDIVIDUALS AND LOCAL BUSINESSES), AND WBR-FUNDED PROGRAMS THAT DONATE BICYCLES TO THOSE WHO CANNOT AFFORD THEM (E.G. RURAL STUDENTS LIVING BELOW THE POVERTY LINE). THROUGHOUT OUR ACTIVITIES, WE EMPHASIZE GENDER EQUALITY TO MAXIMIZE THE IMPACT OF OUR WORK. IN OUR PERMANENT PRESENCE COUNTRIES OF COLOMBIA, KENYA, MALAWI, ZAMBIA, UGANDA, TANZANIA AND ,ZIMBABWE, WE ESTABLISH MARKET-BASED BICYCLE ECOSYSTEMS BY TRAINING LOCAL MECHANICS, ESTABLISHING SPARE PARTS SUPPLY CHAINS, BUILDING COMMUNITY OWNERSHIP OF PROGRAMS, RIGOROUSLY MONITORING RESULTS, AND ITERATING OUR PROGRAMS AND PRODUCTS BASED ON USER AND PARTNER FEEDBACK. FORM 990, PART III, LINE 4A: (CONTINUED) WE ALSO ESTABLISH LINKS TO OUR SOCIAL ENTERPORISE BUSINSESS BUFFALO BICYCLES TO SELL BUFFALO BICYCLES AND SPARE PARTS, ENSURING EXPANDED ACCESS AND SUSTAINABLE BICYCLE USE IN THE COMMUNITIES. AFTER AN ASSESSMENT OF NEEDS AND POTENTIAL IMPACT OF BICYCLE PROGRAMMING, LOCAL COMMITTEES WITHIN EACH COMMUNITY SHAPE AND MANAGE PROGRAMS TO ADDRESS THEIR NEEDS. THESE BICYCLE SUPERVISORY COMMITTEES ALSO OVERSEE LOCAL BICYCLE MECHANICS AND OFFER SUPPORT TO PROGRAM PARTICIPANTS. WOMEN AND GIRLS ARE PRIORITIZED IN THE MOBILIZED COMMUNITY PROGRAM DUE TO THE ADDITIONAL MOBILITY BARRIERS THEY OFTEN FACE. OUR THEORY OF CHANGE IS BASED ON THE HYPOTHESIS THAT IF COMMUNITIES HELP IDENTIFY THE DISTANCE BARRIERS THEY FACE AND CO-DESIGN SOLUTIONS, ARE SUPPORTED TO CREATE LOCAL MANAGEMENT STRUCTURES, AND ARE PROVIDED WITH HIGH QUALITY BUFFALO BICYCLES, SUPPORTED BY WBR-TRAINED COMMUNITY MECHANICS AND ACCESS TO SPARE PARTS, THEN THEY WILL MANAGE COMMUNITY BICYCLE PROGRAMS AND BENEFIT FROM IMPROVED TRANSPORTATION TO GOODS AND SERVICES. THAT WILL RESULT IN IMPROVED HOUSEHOLD ACCESS TO MARKETS, COMMUNITY STRUCTURES AND SERVICES, GIRL AND BOY SCHOOL ATTENDANCE, MAINTAINED BICYCLES, AND SUSTAINABLE COMMUNITY OWNED BICYCLE PROGRAMS. OVER THE LONG-TERM, WE EXPECT THE MOBILIZED COMMUNITIES APPROACH WILL RESULT IN IMPROVED PRODUCTIVITY, INCREASED AND DIVERSIFIED HOUSEHOLD INCOMES, IMPROVED EDUCATION AND HEALTHCARE, AND OTHER EMPOWERMENT OUTCOMES. THESE OUTCOMES, SUPPORTED BY WBR'S HOLISTIC BICYCLE ECOSYSTEM, WILL RESULT IN PEOPLE AND COMMUNITIES BEING INDEPENDENT AND THRIVING. FORM 990, PART III, LINE 4B: (CONTINUED) THAT'S WHY WBR'S PRODUCT DEVELOPMENT TEAM CONSTANTLY WORKS TO IMPROVE THE BICYCLE AND ITS SPARE PARTS: TO HELP ENSURE THE SUSTAINABILITY AND ADVANCEMENT OF ALL PROGRAMS THAT USE THE BUFFALO BICYCLE. WBR'S GUIDING PRINCIPLE OF ALL ANSWERS ARE FOUND IN THE COUNTRIES WE SERVE MEANING THAT DESIGN DECISIONS ARE FRAMED BY THE LANDSCAPE OF LOCALLY AVAILABLE SPARE PARTS, TOOLS AND REPAIR EXPERTISE, AS WELL AS CULTURAL CONSIDERATIONS ABOUT HOW BIKES ARE LIKELY TO BE USED AND MAINTAINED.THIS OFTEN RESULTS IN USING UNCONVENTIONAL COMPONENTS ON THE BIKES. IN 2024, WBR LAUNCHED THE BUFFALO BICYCLE UTILITY S2, A NEW MULTI-SPEED MODEL DEVELOPED IN PARTNERSHIP WITH LOCAL STAKEHOLDERS AND GLOBAL PRODUCT ENGINEERS TO MEET THE GROWING MOBILITY NEEDS OF ADULTS ENGAGED IN INCOME-GENERATING ACTIVITIES. THE UTILITY S2 FEATURES A DURABLE DRIVETRAIN, IMPROVED LOAD-BEARING CAPABILITIES, AND ENHANCED COMFORTOFFERING RIDERS MORE FLEXIBILITY OVER VARIED TERRAIN AND DISTANCES. IT REFLECTS WBR'S COMMITMENT TO RESPONSIVE DESIGN, ROOTED IN USER FEEDBACK AND RIGOROUS FIELD TESTING. WHERE THE AVAILABLE SPARE PARTS ARE INADEQUATE, WBR SEEKS TO MAKE BETTER PARTS AVAILABLE. WHERE AVAILABILITY IS LIMITED, WBR SEEKS TO IMPROVE DISTRIBUTION AND ACCESS THROUGH ITS NETWORK OF TRAINED MECHANICS AND GROWING NETWORK OF LOCAL SHOPS. THE DESIGN OF THE BICYCLE IS DYNAMIC. THE PROCESS IS ONGOING. AS THE ORGANIZATION GROWS, AND ANNUAL VOLUMES INCREASE, WBR REVISITS EARLIER DESIGN DECISIONS TO CONTINUOUSLY REFINE THE BICYCLE. FORM 990, PART VI, SECTION A, LINE 1A CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT THE BOARD OF DIRECTORS SHALL HAVE POWER TO APPOINT COMMITTEES FOR THE PURPOSE OF CONDUCTING CERTAIN ASPECTS OF THE CORPORATE BUSINESS NOT OTHERWISE DELEGATED. COMMITTEES MAY NOT ACT ON BEHALF OF THE CORPORATION UNLESS SUCH AUTHORITY IS SPECIFICALLY DELEGATED TO THE COMMITTEE, AND IF SUCH CORPORATE AUTHORITY IS SO DELEGATED, IT SHALL BE VALID ONLY AS TO A SINGLE ISSUE AND NOT IN GENERAL TERMS. THE BOARD OF DIRECTORS MAY FROM TIME TO TIME APPOINT ADVISORY BOARDS OR SPECIAL COUNCILS FOR SPECIFIC PURPOSES THAT DO NOT REQUIRE CORPORATE ACTION. THE COMPOSITION OF SUCH ADVISORY GROUPS MAY INCLUDE PERSONS WITH PROFESSIONAL SKILLS OR SPECIAL EXPERIENCE NECESSARY TO ADVISE AND INFORM THE BOARD OF DIRECTORS. SUCH ADVISORY GROUPS SHALL NOT HAVE THE AUTHORITY TO COMMIT THE CORPORATION TO ANY LEGAL CONTRACTS OR AGREEMENTS WHETHER OR NOT RELATED TO THE BUSINESS OF THE CORPORATION. THE BOARD OF DIRECTORS SHALL NOT LEND APPARENT AUTHORITY TO SUCH ADVISORY GROUPS AND ALL RELATED CORPORATE RESOLUTIONS SHALL EXPRESSLY LIMIT THE GROUPS' AUTHORITY IN THIS RESPECT. FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIPS BOARD MEMBERS STANLEY DAY AND CHAIRMAN FREDERICK K.W. DAY HAVE A FAMILY RELATIONSHIP AND A BUSINESS RELATIONSHIP. MICHAEL HERR, STANLEY DAY, AND FREDERICK K.W. DAY HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE CFO AND TREASURER REVIEWED A DRAFT OF THE FORM 990 THAT WAS PREPARED BY A THIRD-PARTY TAX PREPARER, GRANT THORNTON ADVISORS, LLC, BASED UPON INFORMATION WBR PROVIDED THE PREPARER. SUBSEQUENT TO THEIR REVIEW, MANAGEMENT AND THE FULL VOTING BOARD RECEIVED A COPY OF THE DRAFT RETURN ELECTRONICALLY. THE BOARD PROVIDED ANY QUESTIONS OR COMMENTS TO THE CEO AND TREASURER AND THE FORM 990 WAS REVISED, AS NECESSARY. THE FULL VOTING BOARD OF DIRECTORS RECEIVED A COPY OF THE FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT THE RESPONSIBILITY FOR DISCLOSING ANY KNOWN OR REASONABLY FORESEEN ACTUAL OR POTENTIAL CONFLICTS OF INTEREST SHALL BE UPON THE INTERESTED PARTY WHOSE INTERESTS ARE OR MAY APPEAR TO BE IN CONFLICT. ALL INTERESTED PARTIES ARE REQUIRED TO FILE A DISCLOSURE STATEMENT WITH WBR PRIOR TO SUCH INDIVIDUAL COMMENCING HIS OR HER SERVICE WITH WBR AND THEREAFTER SHALL FILE WITH WBR AN UPDATED DISCLOSURE STATEMENT AS MAY BE REQUIRED FROM TIME TO TIME BY THE BOARD OF DIRECTORS OR ITS COMMITTEE DESIGNEE, AND IN NO EVENT LESS OFTEN THAN ANNUALLY. THE MINUTES SHALL REFLECT THAT THE CONFLICT OF INTEREST WAS DISCLOSED AND THE INTERESTED PERSON WAS NOT PRESENT DURING ANY DISCUSSION OF THE MATTER AND DID NOT VOTE ON THE MATTER IN PERSON OR BY PROXY. WHEN ANY SUCH CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRING ACTION BY THE BOARD OF DIRECTORS OR ANY COMMITTEE OF THE BOARD, THE INTERESTED PERSON SHALL DISCLOSE SUCH CONFLICT TO THE BOARD OF DIRECTORS OR SUCH COMMITTEE; AND SHALL NOT VOTE ON THE MATTER. FURTHER, THE INTERESTED PERSON HAVING A CONFLICT SHALL RETIRE FROM THE ROOM IN WHICH THE BOARD OR THE COMMITTEE IS MEETING AND SHALL NOT PARTICIPATE IN ANY DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION. WHEN THERE IS A DOUBT AS TO WHETHER A CONFLICT OF INTEREST EXISTS, THE MATTER SHALL BE RESOLVED BY A VOTE OF THE BOARD OF DIRECTORS OR THE COMMITTEE, AS THE CASE MAY BE, EXCLUDING THE INTERESTED PERSON CONCERNING WHOM THE DOUBT HAS ARISEN. THE BOARD OF DIRECTORS, FROM TIME TO TIME, SHALL REPORT ON ITS IMPLEMENTATION OF THESE GUIDELINES AND THE STATUS OF ANY POLICY DEVELOPMENTS REGARDING COMPENSATION AND CONFLICTS OF INTEREST. FURTHER, THE BOARD OF DIRECTORS SHALL REPORT AFTER HAVING BEEN ALERTED TO SPECIFIC INSTANCES WHEN THESE GUIDELINES HAVE NOT BEEN FOLLOWED OR ANY OTHER ISSUE REGARDING COMPENSATION OR CONFLICT OF INTEREST IS DETERMINED TO EXIST. FORM 990, PART VI, SECTION B, LINE 15 WBR ESTABLISHES A REBUTTABLE PRESUMPTION THAT THE COMPENSATION PAID TO THE CEO AND OTHER EXECUTIVES IS REASONABLE. WBR ESTABLISHES A POSITION BY COMPARING THE COMPENSATION OF ITS CEO AND OTHER EXECUTIVES AGAINST 10 SIMILAR SIZE NONPROFITS IN WBR'S PEER GROUP AND THIRD-PARTY MARKET DATA PROVIDED BY GRANT THORNTON. THE DATA USED FOR THE COMPARISON IS TAKEN FROM THE 990, ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS FROM THE 10 NONPROFITS AND THIRD-PARTY DATA BASES ACCESSED BY GRANT THORNTON. THE FINAL ANALYSIS IS PRESENTED TO THE BOARD OF DIRECTORS OF WBR AND SALARIES ARE APPROVED YEARLY AT THE FEBRUARY BOARD MEETING. COMPENSATION REVIEW BY INDEPENDENT PERSONS COMPENSATION IS ESTABLISHED FOR THE CEO AND TREASURER BY THE BOARD AFTER A THOROUGH SALARY/MARKET REVIEW BY A THIRD PARTY. THIS SALARY/MARKET REVIEW PROCESS WAS COMPLETED IN 2023 BY GRANT THORNTON. EACH YEAR THE BOARD EVALUATES THE CEO AND TREASURER'S PERFORMANCE THROUGH AN ASSESSMENT PROCESS. THE BOARD USES THIS DATA TO DETERMINE COMPENSATION. THE SENIOR STAFF HAS A COMPREHENSIVE PERFORMANCE EVALUATION AND COMPENSATION REVIEW DONE AT THE END OF EACH CALENDAR YEAR. SALARY IS BENCHMARKED REGULARLY VIS-A-VIS OTHER SIMILAR ORGANIZATIONS USING FORM 990 DATA. DOCUMENTATION OF THE COMPENSATION REVIEW IS CONTEMPORANEOUSLY DOCUMENTED IN THE HUMAN RESOURCES FILES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE TO PUBLIC THE FOLLOWING DOCUMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE AND AVAILABLE UPON REQUEST: ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9: DONATION REFUND -1,155. INTERCOMPANY WRITE-OFF -4,284,676. WORLD BICYCLE RELIEF - AUSTRALIA 6 MACRO COURT ROWVILLE AS AS VIC 317 BIKE RELIEF AS 501(C)(3) WBR 1 WORLD BICYCLE RELIEF - ZAMBIA PO BOX 38991 LUSAKA ZA BIKE RELIEF ZA 501(C)(3) WBR 1 WORLD BICYCLE RELIEF DEUTSCHLAND GMBH ROMSTRASSE 1 SCHWEINFURT GM GM D-97424 BIKE RELIEF GM 501(C)(3) WBR 1 WORLD BICYCLE RELIEF MALAWI PLOT 21/2/35 LILONGWE MI BIKE RELIEF MI 501(C)(3) WBR 1 WORLD BICYCLE RELIEF UK 1 ST GEORGES ROAD WIMBLEDON UK SW194DR BIKE RELIEF UK 501(C)(3) WBR 1 WORLD BICYCLE RELIEF CA 255 COURTNEYPARK DRIVE WEST MISSISSAUGA CA L5W 045 BIKE RELIEF CA 501(C)(3) WBR 1 WORLD BICYCLE RELIEF SWITZERLAND RUE 1 IMPACT HUB GENEVE SZ BIKE RELIEF SZ 501(C)(3) WBR 1 WORLD BICYCLE RELIEF COLOMBIA CALLE 73 VIA 40-150 BARRANQUILLA CO BIKE RELIEF CO 501(C)(3) WBR 1 WORLD BICYCLE RELIEF - AFRICA FUNDING L R NO 209/5471 1ST FLOOR NAIROBI KE BIKE RELIEF KE 501(C)(3) WBR 1 WORLD BICYCLE PRIVATE LIMITED 540 RORO CLOSE RUWA ZI BICYCLE SALES ZI WBR TRUST C 2780076 574876 1.00000 1 BUFFALO BICYCLE LIMITED SUITE 405 4TH FLOOR BARKLY WARF E PORT LOUIS MP BICYCLE SALES MP WBR NFP C 3755693 7339322 1.00000 1 BUFFALO BICYCLE KENYA LIMITED LUTHER PLZ 1 FL NO 209/5447 NAIROBI KE BICYCLE SALES KE WBR NFP C 1366744 1482657 0.01000 1 BUFFALO BICYCLE ZAMBIA LIMITED PLOT NO 2405 KABELNGA ROAD LUSAKA ZA BICYCLE SALES ZA WBR NFP C 4671506 2089965 0.01000 1 BUFFALO BICYCLE SOUTH AFRICA (PTY) LTD 1 SURREY PLACE TWO OCEANS HOUSE ST MOUILLE POINT SF BICYCLE SALES SF WBR NFP C 106086 0.01000 1 BUFFALO BICYCLE MALAWI LIMITED PLOT 21/2/35 NJEWA LILONGWE MI BICYCLE SALES MI WBR NFP C 2098785 1145820 0.50000 1 BUFFALO BICYCLE COLOMBIA CALLE 73 VIA 40 150 WHOUSE 1 BARRANQUILLA CO BICYCLE SALES CO WBR NFP C 1017857 1079771 0.01000 1 BUFFALO BICYCLE SPAIN SL PASEO DE LA CASTELLANA NUMBER 81 MADRID SP BICYCLE SALES SP WBR NFP C 845555 0.01000 1 WORLD BICYCLE RELIEF SERVICES GMBH ROMSTRASSE 1 SCHWEINFURT GM BIKE RELIEV GM WBR NFP C 3256010 1053403 0.01000 1 BUFFALO BICYCLE UGANDA PO BOX 116993 KAMPALA UG BICYCLE SALES UG WBR NFP C 1581513 1193322 1.00000 1 BUFFALO BICYCLE TANZANIA LIMITED MIKOCHENI LIGHT INDUSTRIAL AREA PL DAR ES SALAAM TZ BICYCLE SALES TZ WBR NFP C 229412 706716 1.00000 1 0 1 1 1 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 WORLD BICYCLE RELIEF AFRICA FUNDING B 5321127 COST BUFFALO BICYCLE LIMITED MAURITIUS D 1389213 COST WORLD BICYCLE RELIEF SERVICES L 518795 COST BUFFALO BICYCLE COLOMBIA L 513920 COST WORLD BICYCLE RELIEF AUSTRALIA B 500000 COST BUFFALO BICYCLE KENYA L 387980 COST BUFFALO BICYCLE ZAMBIA L 308411 COST WORLD BICYCLE RELIEF COLOMBIA L 251299 COST WORLD BICYCLE RELIEF (PRIVATE) LIMITED ZIMBABWE L 172743 COST WORLD BICYCLE RELIEF SERVICES (GERMANY) S 108286 COST BUFFALO BICYCLE SPAIN D 95000 COST WORLD BICYCLE RELIEF UK S 87890 COST BUFFALO BICYCLE MALAWI L 77316 COST BUFFALO BICYCLE UGANDA L 52394 COST