2015-11-12T20:50:54-06:00 2014-12-31 GRANT THORNTON LLP 171 N CLARK ST SUITE 200 CHICAGO IL 60601 990 2014-01-01 205080679 World Bicycle Relief NFP % JEFF BOSKEN WORL 3126643604 1000 West Fulton Market Chicago IL 60607 MICHAEL HERR TREASURER 3126643604 2015-11-13 true Bridget T Roche P00666837 3128560200 2014 2016-02-25 16:41:14Z X Frederick KW Day 1000 West Fulton Market Chicago IL 60607 7694640 false X www.worldbicyclerelief.org X 2006 IL TRANSFORMING INDIVIDUALS AND THEIR COMMUNITIES THROUGH THE POWER OF BICYCLES. 6 4 15 12 0 0 4909542 7077552 468462 288191 -35804 76093 26970 43139 5369170 7484975 1552858 2496573 0 0 1215807 1444405 0 0 2070096 1389103 1957532 4157768 5898510 1211402 1586465 6242280 8055719 569006 756481 5673274 7299238 WORLD BICYCLE RELIEF (THE CORPORATION) IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES IN ACCORD WITH SEC. 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (OR A CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW, REFERRED TO BELOW AS THE "CODE"). MORE SPECIFICALLY, WORLD BICYCLE RELIEF IS ORGANIZED TO HELP PEOPLE IN DISASTER-STRICKEN OR IMPOVERISHED AREAS OF THE WORLD TO ACHIEVE INDEPENDENCE AND A MEANS TO OBTAIN A LIVELIHOOD BY PROVIDING THEM WITH ACCESS TO LOW- OR NO-COST BICYCLES. false false 2946666 2496573 137525 In mid-2009, WBR launched an education focused initiative called the Bicycles for Educational Empowerment Program (BEEP), which is designed to improve education outcomes for rural students in Sub-Saharan Africa. The program uses the power of bicycles to help improve school attendance and academic performance; bicycle recipients are chosen based on distance to school, with preference given to students in need, particularly female students. Initial results from the program show grades and attendance increasing while child pregnancy and other health risks such as HIV/AIDS rates are decreasing. Bicycle supervisory committees select those students most in need and then oversee their bicycle usage. Every recipient receives basic training about bicycle maintenance and safety, and signs a contract of commitment when receiving his or her bike. In 2014, WBR distributed about 8,817 bicycles into the program in Zambia, 5,602 into Zimbabwe, 8,840 into South Africa, and 1,100 into Kenya. WBR also initiated a program in Peru and Colombia. 401040 150666 World Bicycle Relief's (WBR) social enterprise program is an economic development initiative launched to fill the gap for high quality, culturally appropriate bicycles in the developing world. Non-governmental organizations and aid organizations addressing education, healthcare and economic development, as well as individual entrepreneurs across Africa have turned to World Bicycle Relief's expertise in bicycle design to address their need for simple, sustainable transportation. Distribution of WBR bicycles through our social enterprise program helps these organizations and individuals accomplish their goals efficiently. Some examples of organizations using our bicycles to achieve their missions include UNICEF, CARE, World Vision, Catholic Relief Services, and the World Food Programme. In 2014, this program continued in Kenya, Zimbabwe, Zambia, and South Africa. In 2014, WBR continued to support product development and social enterprise infrastructure through grants to WBR subsidiaries based in Sub-Saharan Africa. Additionally, WBR Kenya distributed 1,025 bicycles through the Social Enterprise program. 3347706 true true false false false false false false false false true true true false true true false true false true true true false false true false false false false true false false false false false false false true true false false false false true true true false false true X 7 0 true 15 true false true ZA KE MP ZI false false false true true false false false false false false false 0 0 false X 6 4 true false false false false false false true true false false true true false true true false false true false AL AK AR CA CT FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OH OK OR PA RI SC TN UT VA WV WI X X JEFF BOSKEN 3126643604 1000 WEST FULTON MARKET Chicago IL 60607 X Michael Herr Treasurer 1.0 0.0 X X 0 0 0 Brian Benzer Board Chairman 1.0 0.0 X 0 0 0 Stanley Day Board Member 1.0 0.0 X 0 0 0 Robert Perkowitz Board Member 1.0 0.0 X 0 0 0 Todd Ricketts Board Member 1.0 0.0 X 0 0 0 Peter O'Hagan Board Member 1.0 0.0 X 0 0 0 Anthony Fitzhenry Board Member (1/1 - 1/31/2014) 1.0 0.0 X 0 0 0 Maria Santos Corporate Secretary 1.0 0.0 X 0 0 0 Frederick K W Day President (SEE SCH. O) 36.0 0.0 X 192000 0 0 David Neiswander Africa Director 0.0 40.0 X 181358 0 0 Charles Coustan EXECUTIVE DIRECTOR 40.0 0.0 X 155410 0 32800 528768 0 32800 6 false true false 0 91291 6986261 260878 7077552 BICYCLE SOCIAL ENTERPRISE PROGRAM 900099 150666 150666 AFRICA RIDES 900099 137525 137525 288191 79192 79192 0 0 0 0 0 150594 153693 -3099 -3099 -3099 50575 91291 52222 -1647 -1647 0 47886 3750 44136 44136 MISCELLANEOUS REVENUE 900099 650 650 650 7484975 288191 119232 0 0 2496573 2496573 0 315213 276813 19200 19200 0 932525 177534 182177 572814 34458 5816 6497 22145 51272 11016 7764 32492 110937 46913 15197 48827 0 52 52 112780 112780 0 0 0 157352 2181 41553 113618 31935 2157 29778 182962 19062 38985 124915 438196 438196 0 95286 7655 7826 79805 257660 14386 20573 222701 0 321808 3057 3988 314763 0 0 15378 15378 20328 20028 300 BICYCLE FREIGHT 173435 146414 869 26152 . . . 150360 124856 1114 24390 5898510 3347706 480708 2070096 0 0 2690902 1842949 75000 345177 286921 2303 0 0 0 0 0 0 485691 1645050 40610 266972 85544 15378 27218 70166 0 0 574580 739970 2061358 3143132 0 0 0 0 6242280 8055719 339450 658234 0 0 0 0 0 0 0 0 0 0 0 0 0 0 229556 98247 569006 756481 X 5598274 7224238 75000 75000 0 0 5673274 7299238 6242280 8055719 X 1586465 3099 13043 23357 X X false true X true false X X 2223842 4222577 4644829 4909542 7077552 23078342 202741 481316 468462 288891 1441410 0 0 0 2223842 4425318 5126145 5378004 7366443 24519752 1033455 1550328 1570985 1456303 1995090 7606161 0 1033455 1550328 1570985 1456303 1995090 7606161 16913591 25000 66785 120818 79192 291795 0 25000 66785 120818 79192 291795 0 20580 108346 136716 93599 99111 458352 2244422 4558664 5329646 5592421 7544746 25269899 0.66932 0.64002 0.01155 0.01085 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 85544 15378 70166 70166 PRIVATELY HELD STOCK 739970 F 739970 PRI LOAN - ZAMBIA 1572667 F PRI LOAN - ZIMBABWE 492685 F PRI LOAN - BBL MAURITIUS 923143 F 3143132 0 OTHER PAYABLE COSTS 98247 98247 X 7555606 3099 11560 14659 7540947 -55972 -55972 7484975 5966044 11560 2 55972 67534 5898510 5898510 Uncertain Tax Position (ASC 740) SCHEDULE D, PART X, LINE 2 World Bicycle Relief, NFP is a not-for-profit entity, as described in Section 501(c)(3) of the Internal Revenue Code (the IRC), and is exempt from income taxes, except to the extent of any unrelated business income. World Bicycle Relief NFP does not have unrelated business income. World Bicycle Relief - Zambia is a charitable institution, as described in Section 41 of the Zambian Income Tax Act, under Chapter 323 of The Laws of Zambia. World Bicycle Relief - Kenya is a branch of World Bicycle Relief NFP. World Bicycle Relief - Zimbabwe is a taxable limited liability company, limited by guarantee, incorporated in Zimbabwe. World Bicycle Relief - UK is a charitable institution limited by guarantee under United Kingdom laws. World Bicycle Relief Germany is a limited liability company charity. Qhubeka is a non-profit corporation. WBR Zimbabwe, Buffalo Bicycle Limited, Buffalo Bicycle Kenya are for-profit entities. WBR Zimbabwe had a deferred tax asset for the year ended December 31, 2013 and 2012 that covered any tax liability. Buffalo Bicycle Limited had a tax liability as of December 31, 2013. Buffalo Bicycle Limited was the only entity required to have a provision for income taxes accrued, and did so accordingly. World Bicycle Relief was organized and incorporated in Illinois as a Not-for-Profit Organization in 2006. The Organization has received a favorable determination letter from the Internal Revenue Service for their Section 501(c)(3) status under the IRC of 1986. The Financial Accounting Standards Board issued guidance that requires tax effects from uncertain tax positions to be recognized in the consolidated financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. Management has determined there are no material uncertain positions that require recognition in the consolidated financial statements. The tax years ended 2011, 2012, 2013 and 2014 are still open to audit for both federal and state purposes. Part XI, Line 4b Other Revenue Amounts Included on Return but not on Financials Fundraising expenses $52,222 Cost of goods sold 3,750 ----------- Total $55,972 Part XII, Line 2d Other Expense Amounts Included on Financials but not on Return Fundraising expenses $52,222 Cost of Goods Sold 3,750 ------------ Total $55,972 true Sub-Saharan Africa Program Services BEEP Program Sub-Saharan Africa Grantmaking BEEP Program 2496573 Sub-Saharan Africa Program Services SOCIAL ENTERPRISE 2496573 2496573 Sub-Saharan Africa BEEP Program 821806 Wire Transfe Sub-Saharan Africa BEEP Program 1101168 WIRE TRANSFE Sub-Saharan Africa BEEP PROGRAM 339099 Wire Transfe Sub-Saharan Africa BEEP PROGRAM 404215 Wire Transfe 4 6 true false true false false false Schedule F, Part I, Line 2 WBR provided grants to World Bicycle Relief - Zambia Limited, a related foreign corporation, World Bicycle Relief - Kenya, a branch of WBR, World Bicycle Relief - Zimbabwe, an unrelated foreign corporation and Qhubeka, an unrelated foreign corporation. 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 and Zimbabwe, who monitor the use of the funds. Redbell 100 141866 91291 50575 1709 13038 37475 0 141866 91291 50575 1709 13038 37475 52222 -1647 X X true true false false false false false false false false false David Neiswander Africa Director 125324 0 0 0 56034 0 17500 0 10963 0 209821 0 0 0 Charles Coustan EXECUTIVE DIRECTOR 155410 0 0 0 0 0 17500 0 15300 0 188210 0 0 0 Frederick K W Day President (SEE SCH. O) 192000 0 0 0 0 0 0 0 0 0 192000 0 0 0 HOUSING ALLOWANCE AND RESIDENCE FOR PERSONAL USE SCHEDULE J, PART 1, LINE 1A DURING THE CALENDAR YEAR 2014, DAVID NEISWANDER RECEIVED THE FOLLOWING TAXABLE SERVICES: HOUSING........................................................$22,000 HOUSING SERVICES...............................................$17,057 TAX SERVICES...................................................$ 6,700 AUTO...........................................................$10,277 TOTAL..........................................................$56,034 THE HOUSING ALLOWANCE PROVIDED HOUSING IN AFRICA THAT ALLOWED DAVID TO CONDUCT BUSINESS AFFAIRS AND BE AVAILABLE 24/7 TO RESPOND TO EMERGENT SITUATIONS THAT MAY ARISE. IT IS IN THE JOB DESCRIPTION FOR HIM TO BE ON SITE WORKING FOR WORLD BICYCLE RELIEF IN AFRICA AND THE HOUSING PROVIDED MAKES THIS POSSIBLE. THE HOUSING ALLOWANCE IS BASED ON A MONTHLY RENTAL FEE OF A HOUSE WITH GARDENING SERVICES. THE RESIDENCE IS FOR PERSONAL USE. THE HOUSING IS TREATED AS TAXABLE INCOME TO DAVID, AND IS REPORTABLE AS INCOME ON HIS W-2. SRAM LLC Trustees/Officers 237280 Reimbursement of WBR expenses false BUSINESS TRANSACTIONS WITH INTERESTED PERSONS SCHEDULE L, PART IV World Bicycle Relief reimbursed expenses to SRAM. This amount was paid at fair market value. X 3 88878 FMV X 1 172000 APPRASAL false false false PART I, COLUMN B WORLD BICYCLE RELIEF, NFP IS REPORTING BOTH THE NUMBER OF CONTRIBUTIONS RECEIVED AND THE NUMBER OF ITEMS RECEIVED. GOVERNING BODY COMMITTEES FORM 990, PART VI, LINE 1A 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. FAMILY RELATIONSHIPS FORM 990, PART VI, LINE 2 Board member Stanley Day and president Frederick K.W. day have a family relationship. Michael Herr, Brian Benzer, Stanley Day, and Frederick K.W. Day have a business relationship. FORM 990 REVIEW PROCESS FORM 990, PART VI, LINE 11B The President, Executive Director, and Treasurer reviewed a draft of the Form 990 that was prepared by a third party tax preparer 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 Executive Director 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. CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT FORM 990, PART VI, LINE 12C 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 with the WBR 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. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, LINE 15B Compensation is established for the Executive Director by the President after a thorough salary/market review. This salary/market review process was completed during the hiring process carried out in mid 2013. Each year the board evaluates the Chief Operating Officer'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 every year vis-a-vis other similar organizations using Form 990 data. Documentation of the compensation review is contemporaneously documented in the Human Resources files. FROM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST & FINANCIAL STATEMENT FORM 990, PART VI, LINE 19 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. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 9 FOREIGN EXCHANGE GAIN (LOSS) 23,357 World Bicycle Relief - Zambia PO Box 38991 Lusaka ZA Bike Relief ZA 501(c ) (3) WBR true Qhubeka The Motive Power Movement 30A Dias Crescent Douglasdale SF Bike Relief SF 501(c ) (3) WBR true World Bicycle Relief UK 1 St Georges Road Wimbeldon UK SW194DR Bike Relief UK 501(c ) (3) WBR true World Bicycle Relief Deutschland GmbH Romstrasse 1 Schweinfurt GM D-97424 Bike Relief GM 501(c ) (3) WBR true World Bicycle Private Limited 540 Roro Close Ruwa ZI Social Enterp ZI WBR NFP C Buffalo Bicycle LLC Suite 405 4th Floor Barkly Warf East Port Louis MP Bicycle Sales MP WBR NFP C Buffalo Bicycle Kenya Luther Plz 1 Fl No 209/5447 MOI Ave Nairobi KE bicycle sales KE BBL c Buffalo Bicycle Zambia Plot No 2405 Kabelenga Road Lusaka ZA Bicycle Sales ZA BBL c false true false true false false false false false false false false false false true true true true true World Bicycle Relief - Zambia b 821806 FMV World Bicycle Relief (Private) Limited b 1101168 FMV Buffalo Bicycle Limited b 339099 FMV Qhubeka b 404215 FMV Buffalo Bicycles - Zambia d 75000 FMV Buffalo Bicycle Limited d 200000 FMV Buffalo Bicycle Limited d 250000 FMV