Pedals For Progress A New Jersey Nonprofit Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 483,922 | 556,205 | −72,283 | 4.9 | 27% |
| 2012 | 492,154 | 506,394 | −14,240 | 4.8 | 26% |
| 2013 | 319,368 | 339,628 | −20,260 | 6.5 | 31% |
| 2014 | 762,032 | 819,222 | −57,190 | 1.9 | 18% |
| 2015 | 361,605 | 416,527 | −54,922 | 2.0 | 29% |
| 2016 | 359,950 | 367,156 | −7,206 | 2.1 | 30% |
| 2017 | 349,117 | 351,829 | −2,712 | 1.8 | 25% |
| 2018 | 378,037 | 350,244 | 27,793 | 2.8 | 24% |
| 2019 | 346,347 | 351,981 | −5,634 | 2.6 | 22% |
| 2020 | 279,879 | 258,813 | 21,066 | 3.4 | 33% |
| 2021 | 401,730 | 388,900 | 12,830 | 2.4 | 27% |
| 2022 | 466,001 | 411,662 | 54,339 | 3.4 | 32% |
| 2023 | 313,709 | 324,157 | −10,448 | 3.9 | 22% |
In its most recent public year (2023), this organization spent $10,448 more than it brought in. Its reserves stood at about 3.9 months of spending. Staff pay was 22% 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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