Velodrome Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 152,570 | 135,979 | 16,591 | 2.0 | 0% |
| 2022 | 62,500 | 69,906 | −7,406 | 2.7 | 0% |
| 2023 | 85,835 | 99,344 | −13,509 | 0.3 | 0% |
In its most recent public year (2023), this organization spent $13,509 more than it brought in. Its reserves stood at about 0.3 months of spending, down from 2 in 2021. 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 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
Velodrome Development Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works