Muskegon Bike Time Events Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,290 | 7,323 | −33 | -1195.2 | — |
| 2021 | 52,263 | 64,672 | −12,409 | -137.6 | — |
| 2022 | 200,418 | 136,801 | 63,617 | -59.5 | 0% |
| 2023 | 254,647 | 170,308 | 84,339 | -41.8 | 0% |
In its most recent public year (2023), this organization brought in $84,339 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-41.8 months), up from -1195.2 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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