Velotech Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 18,612 | −18,612 | 95.5 | — |
| 2021 | 0 | 17,970 | −17,970 | 86.9 | — |
| 2022 | 0 | 18,068 | −18,068 | 74.4 | — |
| 2023 | 0 | 41,000 | −41,000 | 20.8 | — |
In its most recent public year (2023), this organization spent $41,000 more than it brought in. Its reserves stood at about 20.8 months of spending, down from 95.5 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
Velotech 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