Trips for Kids National
Nonprofit profile at a glance
- EIN
- 371870249
- IRS 990-EZ coverage
- 2022–2023
- Forms available
- Form 990 2020, Form 990-EZ 2023
- Location
- Novato, CA, USA
- Phone
- 4154652186
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $29,848
- Expenses
- $90,383
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- KALINDA BOGUE (Vice President)
- PATRICIA GALLERY (President & CEO)
People named in this filing
- CHRIS DEGENAARS (Secretary)
- KALINDA BOGUE (Vice President)
- JASON DAVIS (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At the core of our mission is the belief that a childs ability to access activities that improve mental, emotional, social and physical health should not be determined by their race, ethnicity, gender, ability or zip code. With the demonstrated capacity of the bicycle to transform young lives and the historic lack of access to bikes, trails and cycling programs in underserved communities, we are committed to delivering programs that use the universal power of the bike to build healthy bodies, minds and communities.
What it reported doing in 2023
Since 1988, more than 95% of the 250,000 children served nationwide by Trips for Kids member organizations have been from at-risk communities. Ours has always been a grassroots movement with limited visibility within the traditionally privileged cycling world. Working in partnership with more bicycle industry leaders and national cycling organizations, our ability to reach more kids with more programs and services continues to expand.In 2022, the Trips for Kids National Office served over 30 member organizations across North America providing them with program resources, cycling related equipment, online education platforms and community engagement services. We collected the following annual statistics from these member organizations about the kids they serve by program area.StatisticsRides: 403 / Riders: 4,710 / Earn-a-Bike Workshops: 84 / EAB Students: 607 / Bikes Donated: 7,241# Bikes Recycled: 3,832 / Satisfaction with TFK National Office: 4.4 out of 5. Of the 2,091 kids reported by ethnicity, 70% were non-white. Measure of ImpactThrough research published by The Aspen Institutes Project Play and longitudinal findings from our 30 years working with kids, the intergenerational implications of physical activity from early childhood through adolescence into adulthood is settled science and informs our work. Physically active children are less likely to be obese, smoke, use drugs or practice risky sex leading to pregnancy. They have up to 40% higher test scores and are 5% more likely to go to college. They also have lower levels of depression and self-derogation and higher self-esteem. Long term they have 7-8% higher annual earnings, are more productive at work and have lower healthcare costs.According to a 2020 study by Afterschool Alliance, Out-of-School programs provide significant ROI. A $1 investment returns $3 in youth earning potential, improved school performance and a reduction in crime and juvenile delinquency. Yet today more than 19 million children are unable to enroll in these types of programs. Trips for Kids is working to change that.ConclusionTo propel our movement forward, in 2023 plan we align with a major national organization that shares our mission, is positioned to build on our momentum and is committed to deliver our educational and programming resources to a broader membership. The whole being greater than the sum of its parts, this alignment will enable us to: Increase diversity in the youth cycling community /Broaden membership and geographic coverage / Build communities and connections / Expand programming resources and services.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 82
- Sustainability: 10
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 62.4%; rating input score 62
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -202.8%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -101.4% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: -20.6% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: -14% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 62.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $56K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2022 to 2023
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 5/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.