2014-10-30T20:23:50-05:00 2013-12-31 GRANT THORNTON LLP 175 W JACKSON BLVD STE 2000 CHICAGO IL 60604 990 2013-01-01 205080679 World Bicycle Relief NFP % CHARLES COUSTAN WORL 3126643604 1333 N Kingsbury Suite 4th Flr Chicago IL 60622 MICHAEL HERR Treasurer 3126643604 2014-10-16 true Bridget T Roche P00666837 3126643604 2013 2015-11-30 17:44:51Z Frederick KW Day 1333 N Kingsbury 4th Floor Chicago IL 60642 5628853 false X www.worldbicyclerelief.org X 2006 IL Transforming individuals and their communities through the Power of Bicycles. 6 3 18 1200 0 0 4644829 4909542 481316 468462 30639 -35804 -91939 26970 5064845 5369170 1485369 1552858 0 0 1524034 1215807 0 0 1437408 1020044 1389103 4029447 4157768 1035398 1211402 4674855 6242280 266125 569006 4408730 5673274 X 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 1518268 1104383 157550 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 2013, WBR distributed about 5,208 bicycles into the program in Zambia and 3,731 into Zimbabwe. WBR also initiated a program if 220 bicycles for students in Rwanda. 788675 448475 310912 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 2013, this program continued in Kenya, Zimbabwe, Zambia, and South Africa. In 2013, WBR continued to support product development and social enterprise infrastructure through grants to WBR subsidiaries based in Sub-Saharan Africa. Additionally, WBR Kenya distributed 2,611 bicycles through the Social Enterprise program. 2306943 true true false false false false false false false false true true true false true true true 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 6 0 true 18 true false true ZA KE MP SF GM false false false true true false false false false X 6 3 true false false false false false false true true false false true true true true true false false true false AL AK AZ 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 CHARLES COUSTAN 3126643604 1333 N KINGSBURY 4TH FLOOR Chicago IL 60622 X Michael Herr Treasurer 1.0 X X 0 0 0 Brian Benzer Board Chairman 1.0 X 0 0 0 Stanley Day Board Member 1.0 X 0 0 0 Robert Perkowitz Board Member 1.0 X 0 0 0 Todd Ricketts Board Member 1.0 X 0 0 0 Mark Ishaug 11 - 1029 Board Member 1.0 X 0 0 0 Anthony Fitzhenry Board Member 0.0 1.0 X Frederick KW Day President (See Sch. O) 36.0 X 192000 0 0 Maria Santos Corporate Secretary 1.0 X 0 0 0 David Neiswander Africa Director 40.0 X 188715 0 9953 380715 0 9953 2 false true true 0 4982 254281 4650279 453203 4909542 BICYCLE SOCIAL ENTERPRISE PROGRAM 900099 310912 310912 AFRICA RIDES 900099 157550 157550 468462 45103 45103 0 75615 75615 0 0 0 30382 6150 31439 86000 -1057 -79850 -80907 -80907 77214 254284 137810 -60596 -60596 0 16131 4434 11697 11697 MISCELLANEOUS REVENUE 451110 254 254 254 5369170 468462 -8834 0 0 1552858 1552858 0 192000 153600 19200 19200 0 894939 175701 194050 525188 22423 2944 5139 14340 52628 14813 7041 30774 53817 5438 13753 34626 0 1678 1678 133375 41045 92330 0 0 0 139851 33447 5757 100647 1568 1568 230748 25997 20704 184047 73919 401 1163 72355 0 46855 29841 150 16864 378320 52108 23425 302787 0 134622 134622 0 0 18843 8189 10654 32153 13390 18373 390 BICYCLE FREIGHT FOR BEEP 197171 197171 4157768 2306943 413417 1437408 0 0 1380278 2690902 75000 75000 338197 286921 0 0 0 0 0 0 441201 485691 47160 40610 62281 35063 44954 27218 0 0 340570 574580 1921495 2061358 0 0 86000 0 4674855 6242280 217506 339450 0 0 24201 0 0 0 0 0 0 0 0 0 0 0 24418 229556 266125 569006 X 4333730 5598274 75000 75000 0 0 4408730 5673274 4674855 6242280 X 1211402 62010 4883 -13751 X X false true X true false X 1862537 2223842 4222577 4644829 4909542 17863327 202741 481316 468462 1152519 0 0 0 1862537 2223842 4425318 5126145 5378004 19015846 868275 1033455 1550328 1570985 1456303 6479346 0 868275 1033455 1550328 1570985 1456303 6479346 12536500 25000 66785 120818 212603 0 25000 66785 120818 212603 0 20580 108346 136716 93599 359241 1862537 2244422 4558664 5329646 5592421 19587690 0.64002 0.57627 0.01085 0.00586 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53357 3260 50097 8924 31803 -22879 27218 PRIVATELY HELD STOCK 574480 F CLOSELY HELD STOCK 100 F 574580 PRI LOAN - ZAMBIA 1432364 F PRI LOAN - ZIMBABWE 522992 F PRI LOAN - BBL MAURITIUS 60397 F PRI - WBR DEUTSCHLAND 45605 F 2061358 0 LOANS FROM MAURITIUS 229556 229556 X 5975655 62010 546760 608770 5366885 -2149 4434 2285 5369170 4697360 546760 -13751 4434 537443 4159917 -2149 -2149 4157768 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 2010, 2011, 2012 and 2013 are still open to audit for both federal and state purposes. Reconciliation of Revenue per audited FS With Revenue per Return Schedule D, Part XI, Line 4b Cost of Goods Sold ............................................ $4,434 TOTAL.......................................................... $4,434 Reconciliation of expenses per audited FS with Expenses per return Schedule D, Part XII, Line 2d Cost of Goods Sold.............................................$4,434 TOTAL......................................................... $4,434 true Sub-Saharan Africa 5 66 Program Services BEEP Program 413885 Sub-Saharan Africa Grantmaking BEEP Program 1104383 Sub-Saharan Africa Program Services Social Enterprise 340200 Sub-Saharan Africa Grantmaking Social Enterprise 448475 5 66 5 66 2306943 2306943 Sub-Saharan Africa BEEP 314249 WIRE 285874 BICYCLES FMV Sub-Saharan Africa BEEP 235918 WIRE 238816 BICYCLES FMV Sub-Saharan Africa BEEP 124426 WIRE FMV Sub-Saharan Africa BEEP 128833 WIRE 221642 BICYCLES FMV 2 6 false 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, and World Bicycle Relief - Zimbabwe, a related 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. Red Bell 100 116652 82902 33750 8639 55828 WFRT 214843 171379 43464 15 73328 0 331495 254281 77214 8654 129156 137810 -60596 X X true true X X false false false false false false false false false Frederick KW Day President (See Sch. O) 192000 0 0 0 0 0 0 0 0 192000 0 0 0 David Neiswander Africa Director 156378 0 0 0 32337 0 5062 0 4891 0 198668 0 0 0 Housing allowance or residence for personal use Schedule J, Part 1, Line 1a During the fiscal year 2013 David Neiswander recieved the following housing and other taxable services: Housing........................................................ 23,500 Moving expenses................................................. 3,442 Tax services.................................................... 5,395 Total...........................................................32,337 The housing allowance provided housing in Africa that allowed David to conduct business affairs and be avaliable 24/7 to respond to emergent situations that may arise. It is in the job description for him to be on site and 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 271523 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 7 30382 FMV X 1 172000 APPRAISAL X 1 71000 FMV false false true COLLECTIBLE AUTOMOBILE SCHEDULE M, PART I, LINE 18 A THIRD PARTY BROKER, A REPUTABLE AUCTION HOUSE, VALUED THE 1930'S CLASSIC AUTOMOBILE WHEN HOLDING THEIR AUCTION OF HISTORICAL VEHICLES. 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 Executive Director'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. How Documents are Made Available to the Public Form 990, Part VI, Section C, Line 18 WBR'S Form 990 is available on the organization's website and available upon request. The organization's form 1023 is available upon request. Form 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. Compensation of officers Form 990, Part VII Frederick K.W. Day is an officer of SRAM, LLC and World Bicycle Relief. Sram, LLC is an unrelated third party, which contributes Frederick K.W. Day's world bicycle belief's compensation as an officer to world bicycle relief. Sram, llc includes this amount in Fredrick K.W. Day's W-2, and has treated this as an in-kind contribution for services Fredrick K.W. Day renders to world bicycle relief as an officer. Reconciliation of Net Assets Form 990, Part XI, Line 9 Foreign Exchange Loss............................................($13,751) Total............................................................($13,751) Review of Financial Statements Form 990, Part XII, Line 2c The financial statements are shared with the board and key internal staff. An audit Committee was formed to review audit activities. 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 1943074 647772 1.00000 true Buffalo Bicycle LLC Suite 405 4th Floor Barkly Warf East Port Louis MP Bicycle Sales MP WBR NFP C 579690 693013 1.00000 true Buffalo Bicycle Kenya Luther Plz 1 Fl No 209/5447 MOI Ave Nairobi KE bicycle sales KE BBL c 0 1 0.01000 true Buffalo Bicycle Zambia Plot No 2405 Kabelenga Road Lusaka ZA Bicycle Sales ZA BBL c 0 0 0.00000 false false true false true true false false false false false false false false false true true true true true World Bicycle Relief - Zambia b 600223 FMV World Bicycle Relief - Zambia d 1432364 FMV Buffalo Bicycle LLC - Mauritius d 60397 FMV World Bicycle Private Limited - Zimbabwe b 474734 FMV World Bicycle Private Limited - Zimbabwe d 522922 FMV Buffalo Bicycle LLC - Mauritius e 229556 fmv Buffalo Bicycle LLC - Mauritius b 124426 fmv