"The community spirit was really great to see," Mr Ryan said.
Avanti Plus Masterton also offered to replace the stolen bicycles for a heavily discounted price, at just under $1000 for machines usually retailing for more than $2000.
"We would simply not have been able to replace the bikes without the generosity of Avanti.
"It means the continuation of these programmes that go into the schools."
Mr Ryan remained hopeful the stolen bikes, taken from a council storage yard, would turn up and would still be in good condition. The council and police are working on finding a more secure location for the new bikes.