Bike & Build, Inc.

Financial Snapshot – 2006

Total income: $680,000

• Rider fundraising

Expenditures:

Administrative Costs: $166,523

• Includes office costs, salaries and benefits, printing, shipping, apparel 

Trip Costs: $172,845

• All expenses on the road (food, fuel for van, accommodations, van repairs, etc.),
• Bikes, jerseys, van/trailer costs, first aid training, gear, director travel, liability insurance, D&O insurance. auto insurance, van storage

Donations:

• $4,100 in on the road donations
• $96,000 distributed through the grants system
• $210,000 towards pre-arranged gifts, to fund home construction in Providence, RI, New Hampshire, and Slidell, LA.
• $12,600 in donations from 2005 season

Bike &  Build Expenditures - 2006

Bike & Build has increased the amount of money it donates to affordable housing organizations each year; and in the summer of 2006, donated over four times as much as it did in its inaugural season.

Bike & Build Donations by Year