Bike & Build, Inc.

Financial Snapshot – 2011

2011 Form 990 [pdf, 2.1 mb]

Total income: $1,373,371

• Rider fundraising
• Application Fees
• Gear Sales
• Interest Income
• Formerly restricted contributions

Expenditures: $1,361,717

Grants: $608,023 (44.7% of expenditures)

• $246,468 distributed through our competitive grant program
• $238,555 towards pre-arranged gifts, to fund home construction in Providence RI, Colorado Springs CO, Charlottesville VA,  Atlantic Beach FL, Chapel Hill NC, and Philadelphia PA.
• $86,000 in rider-designated grants
• $27,300 in on the road donations
• $9,700 in CWM Contributions and Fellowships

Programming: $584,500 (42.9%)

• Bike trips to support the leadership development of our young adults
• All expenses on the road (food, fuel for van, accommodations, van repairs, etc.),
• Bikes, jerseys, apparel, van/trailer costs, first aid training, gear, director travel, liability insurance, auto insurance, van storage
• Program Director salaries and benefits, leader stipends

Administrative Costs: $141,124 (10.4%)

• Includes office costs, administrative salaries and benefits, printing, shipping, rent, and utilities

Fundraising Expenses: $28,070 (2.1%)