Good Karma Bikes
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 54,248 | 36,613 | 17,635 | 9.0 | — |
| 2012 | 60,745 | 55,889 | 4,856 | 6.9 | — |
| 2013 | 285,476 | 223,435 | 62,041 | 5.2 | 28% |
| 2015 | 441,936 | 399,006 | 42,930 | 4.2 | 58% |
| 2016 | 502,025 | 456,808 | 45,217 | 2.8 | 59% |
| 2017 | 507,230 | 557,548 | −50,318 | 1.2 | 52% |
| 2018 | 590,324 | 615,933 | −25,609 | 0.6 | 60% |
| 2019 | 644,447 | 628,121 | 16,326 | 0.9 | 49% |
| 2020 | 555,454 | 379,020 | 176,434 | 7.1 | 36% |
| 2021 | 540,860 | 499,889 | 40,971 | 7.0 | 48% |
| 2022 | 679,207 | 727,854 | −48,647 | 4.0 | 49% |
| 2023 | 818,048 | 634,278 | 183,770 | 8.1 | 62% |
In its most recent public year (2023), this organization brought in $183,770 more than it spent. Its reserves stood at about 8.1 months of spending. Staff pay was 62% of spending. $83,525 of its net assets are donor-restricted.
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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