My First Bicycle Foundation
Charitable organization · Calgary, Alberta · BN 831691514RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($390,249) as filed with the CRA.
My First Bicycle Foundation is a charitable organization based in Calgary, Alberta, classified by the CRA under organizations relieving poverty. In its fiscal year ending December 31, 2024, it reported $395K in revenue and $390K in expenditures.
Its funding that year was roughly 98% from donations. In 2024, 2 other registered charities reported granting it a combined $54K.
Compared with 2,470 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 74% of peers.
Its filed list of directors and trustees shows 3 names.
In its own words
The My First Bicycle Foundation provides bicycles to youth in economically challenged households across Canada. The package includes a bicycle helmet bell and lock. Our charity wants to help every child in Canada enjoy the benefits of having their own bicycle and the freedom a bicycle can provide.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $395K | $390K | $376K | — | — | $39K |
| 2023 | $409K | $401K | $386K | — | — | $34K |
| 2022 | $224K | $215K | $202K | — | $204K | $26K |
| 2021 | $36K | $41K | $23K | — | — | $17K |
| 2020 | $516K | $522K | $485K | — | — | $22K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $54K from 2 charities:
- Cannonball Foundation$50K
- Canadahelps Canadon$3,970
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Permanent full-time positions0
- Total compensation, all staff$2,787
Schedule 3 of its 2020 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Susan Anderson (director); Jeffery Smith (director); Todd McCallum (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from My First Bicycle Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 831691514RR0001), or read how we compute the receipt.