Changinggears Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 107,816 | 35,305 | 72,511 | 36.3 | — |
| 2013 | 188,935 | 160,049 | 28,886 | 10.2 | 52% |
| 2014 | 201,249 | 198,174 | 3,075 | 8.4 | 35% |
| 2015 | 258,810 | 221,058 | 37,752 | 9.6 | 17% |
| 2016 | 241,393 | 266,686 | −25,293 | 6.8 | 14% |
| 2017 | 301,194 | 294,187 | 7,007 | 6.4 | 13% |
| 2018 | 369,703 | 340,071 | 29,632 | 6.6 | 13% |
| 2019 | 497,208 | 420,689 | 76,519 | 7.5 | 12% |
| 2020 | 605,048 | 387,789 | 217,259 | 14.9 | 56% |
| 2021 | 535,361 | 529,690 | 5,671 | 11.0 | 51% |
| 2022 | 769,671 | 725,757 | 43,914 | 8.8 | 55% |
| 2023 | 959,910 | 886,492 | 73,418 | 8.2 | 52% |
In its most recent public year (2023), this organization brought in $73,418 more than it spent. Its reserves stood at about 8.2 months of spending, down from 36.3 in 2012. Staff pay was 52% of spending. $101,421 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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