Matt Birks Hike Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 252,745 | 202,229 | 50,516 | 4.4 | 0% |
| 2012 | 149,920 | 124,268 | 25,652 | 9.6 | 0% |
| 2013 | 163,550 | 208,447 | −44,897 | 3.1 | 0% |
| 2014 | 29,524 | 57,304 | −27,780 | 5.5 | 0% |
| 2015 | 179,604 | 162,870 | 16,734 | 3.2 | 0% |
| 2016 | 44,568 | 74,609 | −30,041 | 2.1 | — |
| 2019 | 60,000 | 63,183 | −3,183 | -0.5 | — |
| 2021 | 71,176 | 151,352 | −80,176 | -7.8 | 0% |
In its most recent public year (2021), this organization spent $80,176 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.8 months), down from 4.4 in 2011. 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 2021. 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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