Velocipede Bike Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 22,348 | 26,944 | −4,596 | 25.0 | 0% |
| 2021 | 31,744 | 29,213 | 2,531 | 24.0 | 0% |
| 2022 | 83,911 | 35,275 | 48,636 | 37.1 | 0% |
| 2023 | 79,205 | 57,990 | 21,215 | 26.5 | 0% |
| 2024 | 93,475 | 66,160 | 27,315 | 27.7 | 0% |
In its most recent public year (2024), this organization brought in $27,315 more than it spent. Its reserves stood at about 27.7 months of spending, up from 25 in 2020. 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 2024. 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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