Bike Durham
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 117,474 | 91,942 | 25,532 | 11.1 | — |
| 2022 | 37,806 | 21,929 | 15,877 | 55.3 | — |
| 2023 | 703,747 | 256,819 | 446,928 | 25.6 | 79% |
In its most recent public year (2023), this organization brought in $446,928 more than it spent. Its reserves stood at about 25.6 months of spending, up from 11.1 in 2021. Staff pay was 79% 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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