Ride On 4 Carrie

Nonprofit profile at a glance

EIN
825280718
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Rogers, MN, USA
Phone
6123092351
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$173,782
Expenses
$148,250
Assets
$64,590

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Troy Hansen (President)
  • Trevor McCanles (Vice President)

People named in this filing

  • Troy Hansen (President)
  • Trevor McCanles (Vice President)
  • Laura McKay (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The intended mission of the Ride-On 4 Carrie is to create andorganize fundraising events for nominated, committee selectedbeneficiaries going through a cancer diagnosis.With that, we are a 100% volunteer, 'direct-to-recipient' charityorganization helping to ease a portion of the financial burden thatis all too prevalent with any cancer diagnosis.Generated funds are donated to our selected beneficiaries forthe purpose of assistance with prior, current, or ongoing medicaltreatments and bills as well as to assist with living expenses thatinclude mortgage payments, rents, utilities and unpaid vehicle ortransportation costs related to the interruption of family income.Lastly, and equally as important, is to financially assist andensure 'end-of-life' quality and ultimately, funeral assistance forcancer warriors who have succumb to their diagnosis.

What it reported doing in 2024

To create and organize fundraising events for beneficiaries going through a cancer diagnosis.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 48
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0.5%; rating input score 0
  • Program expense ratio: 0.6%; rating input score 1

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 14.7%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 0.44; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -98.5% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: 10.2% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: 17.1% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 0.5% of revenue deployed · 0.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $850 in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 1/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.