Education
(B99)
IRS Verified
DX Registered
990 on File
DREAM BIKES INC
Financial strength (30%)
93/100
Reliability (20%)
50/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
DreamBikes is a non-profit, 501(c)3 organization that provides hands-on, paid job training to teens. Working in conjunction with local youth organizations, DreamBikes employs teens from the area to work in the store; teaching them how to refurbish bicycles, use the POS software, and to deliver great customer service. DreamBikes provides lifelong skills to our teen employees, helping them to shift gears and find a bright future.
Financial Overview — FY 2024
$321K
Total Revenue
$340K
Total Expenses
$143K
Net Assets
32
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.9%
Fundraising Efficiency
N/A
Operating Reserve
5.04x
Liability-to-Asset
9.4%
Revenue Diversification
80.6%
Compared with Peers
FY 2024
Compared with 15,968 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
83.9% | 89.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.1% | 8.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.0 mo | 9.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
9.4% | 0.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
80.6% | 89.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
5.4% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-4.2% | 9.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-6.0% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $321K | $340K | $143K | 83.9% | 32 |
| 2023 | $304K | $355K | $162K | 82.3% | 43 |
| 2022 | $208K | $361K | $213K | 79.3% | 52 |
| 2021 | $463K | $295K | N/A | — | 44 |
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