Free Bikes 4 Kidz
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 162,495 | 144,680 | 17,815 | 1.5 | — |
| 2021 | 183,432 | 111,724 | 71,708 | 9.6 | — |
| 2022 | 308,020 | 370,292 | −62,272 | 0.9 | 28% |
In its most recent public year (2022), this organization spent $62,272 more than it brought in. Its reserves stood at about 0.9 months of spending. Staff pay was 28% of spending. $1,000 of its net assets are donor-restricted.
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 2022. 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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