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Public nonprofit record

PEDALS FOR PROGRESS

EIN 22-3122003 · Recreation & Sports (N50Z)

What they do

to EMPOWER SUSTAINABLE ECONOMIC DEVELOPMENT BY RECYCLING BICYCLES and SEWING MACHINES FROM THE US and SHIPPING THEM to MOTIVATED PEOPLE IN THE DEVELOPING WORLD. SINCE ITS INCEPTION IN 1991 and FROM THE SEED of AN IDEA BY ITS FOUNDER(A FORMER PEACE CORPS VOLUNTEER), THE ORGANIZATION HAS GROWN INTO AN ENTERPRISE THAT HAS CUMULATIVELY COLLECTED and DISTRIBUTED OVER 162,000 BICYCLES and OVER 5,200 SEWING MACHINES to THE WORKING POOR IN CENTRAL AMERICA, AFRICA, EASTERN EUROPE, ASIA and THE ISLANDS of THE CARIBBEAN and THE PACIFIC BASIN. THROUGH VOLUNTEER LABOR and TAX-DEDUCTIBLE DONATIONS of MONEY and MATERIALS, PEDALS for PROGRESS/SEWING PEACE COLLECTS, WAREHOUSES, and SHIPS NEW and USED BIKES, PARTS and ACCESSORIES to RECIPIENT COUNTRIES WHERE THEY ARE REPAIRED BY NON-PROFIT PARTNER ORGANIZATIONS (PROVIDING EMPLOYMENT, BUILDING MANAGEMENT and REPAIR SKILLS to THEIR STAFF)AND SUBSEQUENTLY BUILDING MANAGEMENT and REPAIR SKILLS to THEIR STAFF)AND SUBSEQUENTLY, SOLD AT COST to HELP LOW-INCOME

Money

Financial picture

Tax year 2023
Revenue$388,344
Expenses$332,533
Assets$167,459
Income$388,344
Contributions$349,599
Management$27,718
Executive compensation$83,895
Stocks and bonds$9,734
Accounting fees$9,506

About this charity

Recognized since
January 1993
Location
65 EAST MAIN STREET, HIGH BRIDGE, NJ 08829
County
Hunterdon
In care of
ALAN SCHULTZ
Primary officer
ALAN SCHULTZ, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
October 1, 2023
Return type
990
Tax preparer
MAGONE & COMPANY PC
NTEE classification
Recreation & Sports (N50Z)
IRS tax category
All Other Amusement and Recreation Industries
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Activity
910000000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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