Ride22
Nonprofit profile at a glance
- EIN
- 845114164
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Taunton, MA, USA
- Phone
- 7742594981
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $56,415
- Expenses
- $52,808
- Assets
- $7,962
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- PAUL JONES (PRESIDENT)
People named in this filing
- PAUL JONES (PRESIDENT)
- THERESE GOULDROUP (SECRETARY)
- WENDY THIELKER (TREASURER)
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 mission of ride22 is to raise awareness to veterans suicide through local fundraising . Funds provide financial assistance to local nonprofit organizations that provide much needed services including but not limited to treatment and counseling for ptsd, tbi combat stress as well as transitional support, rehabilitation and therapeutic services . We may also help veteran services where others are unwilling or unable.
What it reported doing in 2024
Ride22 holds fund raising events throughout the year to include a motorcycle bbq event as well as comedy show. All proceeds allocated to local veteran organizations. Provided 45,000 + to local veteran organizations whos missions are concentrated on the prevention of veteran suicide
Operating model
- Revenue model
- Other-operating. 77% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 85% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92%; rating input score 92
- Program expense ratio: 98.3%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6.4%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 13% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 14.4% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 58.6% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 92% of revenue deployed · 98.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $52K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- 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 — Sustainability: Total-asset coverage ratio scored 14/100.
- Review — Sustainability: Operating margin scored 57/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.