2024-2025 Income Statement

This is not an event. It is just information for transparency purposes.

During our first year as the organizers of this group, we only asked for donations instead of charging a membership fee. Since we ended up with a financial loss, I will switch to charging a membership fee in hopes of coming out even in the next year. If we end up with a profit, we will donate the money to Bike MD and World Bicycle Relief.

INCOME STATEMENT FOR 9/15/2024 THROUGH 11/15/2025

EXPENSES
Meetup Organizer fee $318
RideWithGPS fee 70
Total expenses 388

REVENUE
Meetup Donations $333
Pledge app fees 5% -16.65
Cash donations 45.00
Refund to member -30.00
Total revenue 331.35

Loss $56.65
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During this time, we hosted about 50 bike ride events since September 2024 (two of which were new trails for us). And we posted informational events as well. We made several new biking friends and enjoyed lots of fun icebreaker answers.

We are grateful to those who chipped in during the past year and to everyone who showed up, participated in the icebreakers, and made this biking club the friendly club that we want it to be. We look forward to more fun biking trips in 2026.

Special thanks to:
- Jonathan Kaplan for organizing a fun history-infused bike ride.

- Rich Camer for assisting with getting RideWithGPS maps drafted and posted in time for some of the rides.

- Amy for getting us hooked on the Philly Bike Ride and introducing us to hostels