Second Chance Bikes
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 52,862 | 47,664 | 5,198 | 2.8 | — |
| 2022 | 79,161 | 50,383 | 28,778 | 11.7 | — |
| 2023 | 117,034 | 82,685 | 34,349 | 12.5 | — |
In its most recent public year (2023), this organization brought in $34,349 more than it spent. Its reserves stood at about 12.5 months of spending, up from 2.8 in 2020.
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
Second Chance Bikes'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