OUR MISSION IS TO GET ALL KIDS ON BIKES TO PROMOTE AND CULTIVATE HEALTHY, ACTIVE, OUTDOOR LIFESTYLES WHILE TEACHING BIKE SKILLS, SAFETY, AND STEWARDSHIP.
Executive compensation
Form 990 · Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Recreation & Sports organizations in Michigan.
| Position | Total |
|---|---|
Executive Di 10th to 25th percentile | $35k $38k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 7 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at VELO KIDS INC equaled 16% of the organization's total expenses. The median for recreation & sports organizations is 8%.
Based on 7,267 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 40%
from 2023
From $25k in 2023 to $35k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 40% from 2023 to 2024, while revenue rose 94%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about VELO KIDS INC
What does the Chief Executive Officer of VELO KIDS INC earn?
In 2024, the Chief Executive Officer of VELO KIDS INC received $35,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Recreation & Sports organizations in Michigan, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at VELO KIDS INC compare with similar nonprofits?
Compared with the same role at Recreation & Sports organizations in Michigan, the 2024 pay of the Chief Executive Officer at VELO KIDS INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at VELO KIDS INC equaled 16% of the organization's total expenses. The median for recreation & sports organizations is 8%.
What are VELO KIDS INC's revenue and expenses?
In 2024, VELO KIDS INC reported $306k in total revenue and $216k in total expenses on its IRS Form 990.
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