Ice Cold Ryders Mc
Ice Cold Ryders Mc reports a deficit in 2022 with declining assets, following a strong 2021.
EIN: 142014514 · Minot, ND · NTEE: T12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $56K |
| Total Expenses | $67K |
| Program Spending | 75% |
| Net Assets | $2K |
| Transparency Score | 70/100 |
Is Ice Cold Ryders Mc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ice Cold Ryders Mc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ice Cold Ryders Mc
Ice Cold Ryders Mc (EIN: 142014514) is a nonprofit organization based in Minot, ND, classified under NTEE code T12. The organization reported total revenue of $56K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ice Cold Ryders Mc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ice Cold Ryders Mc is a micro nonprofit that has been operating for 9 years, with 4 years of IRS 990 filings on record (2019–2022). Revenue has grown at a compound annual rate of -9.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $67K |
| Surplus / Deficit | $-11,035 |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | -19.7% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2022, Ice Cold Ryders Mc reported a deficit of $11K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2019–2022), Ice Cold Ryders Mc's revenue has declined at a compound annual growth rate (CAGR) of -9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -43.3% | -8.6% | -89.6% |
| 2021 | +104.9% | +80.4% | +118.0% |
| 2020 | -36.9% | -42.8% | +99.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ice Cold Ryders Mc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Ice Cold Ryders Mc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is a positive for a small organization with fluctuating revenues.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ice Cold Ryders Mc's IRS 990 filings:
- Expenses exceeded revenue in 2022 ($67,133 vs. $56,098), indicating a deficit.
- Significant decline in assets from $21,895 in 2021 to $2,283 in 2022.
Strengths
The following positive indicators were identified for Ice Cold Ryders Mc:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership.
- Consistent filing of IRS 990 forms, demonstrating transparency.
- Maintained positive assets in all reported periods, albeit with fluctuations.
Frequently Asked Questions about Ice Cold Ryders Mc
Is Ice Cold Ryders Mc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ice Cold Ryders Mc (EIN: 142014514) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Ice Cold Ryders Mc spend its money?
Ice Cold Ryders Mc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ice Cold Ryders Mc tax-deductible?
Ice Cold Ryders Mc is registered as a tax-exempt nonprofit (EIN: 142014514). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ice Cold Ryders Mc's spending goes to programs?
Ice Cold Ryders Mc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ice Cold Ryders Mc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Ice Cold Ryders Mc is above average for NTEE category T12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ice Cold Ryders Mc located?
Ice Cold Ryders Mc is headquartered in Minot, North Dakota and files with the IRS under EIN 142014514. It is classified under NTEE code T12.
How many years of IRS 990 filings does Ice Cold Ryders Mc have?
Ice Cold Ryders Mc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $56K in total revenue.
Is Ice Cold Ryders Mc a good charity?
Based on the available data, Ice Cold Ryders Mc appears to be a volunteer-led organization with no officer compensation, which is a positive. However, its financial stability has fluctuated, with a deficit reported in 2022 and a significant drop in assets. A full assessment would require more detailed expense breakdowns to understand program efficiency.
What caused the significant drop in assets from $21,895 in 2021 to $2,283 in 2022?
The IRS 990 data alone does not specify the exact reasons for the asset decline. It could be due to significant expenditures, asset depreciation, or other financial activities. Further investigation into their detailed financial statements would be needed.
How does Ice Cold Ryders Mc manage its expenses given the revenue fluctuations?
The organization's expenses have varied, from $40,706 in 2020 to $73,449 in 2021 and $67,133 in 2022. The deficit in 2022 ($56,098 revenue vs. $67,133 expenses) suggests that expense management may be challenging during periods of lower revenue.
Filing History
IRS 990 filing history for Ice Cold Ryders Mc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2022), Ice Cold Ryders Mc's revenue has declined by 26.8%, moving from $77K to $56K. Total assets decreased by 54.7% over the same period, from $5K to $2K. Total functional expenses fell by 5.7%, from $71K to $67K. In its most recent filing year (2022), Ice Cold Ryders Mc reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $56K | $67K | $2K | $0 | — | View 990 |
| 2021 | $99K | $73K | $22K | $6K | — | — |
| 2020 | $48K | $41K | $10K | $7K | — | — |
| 2019 | $77K | $71K | $5K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $56K, expenses of $67K, and assets of $2K (revenue -43.3% year-over-year).
- 2021: Revenue of $99K, expenses of $73K, and assets of $22K (revenue +104.9% year-over-year).
- 2020: Revenue of $48K, expenses of $41K, and assets of $10K (revenue -36.9% year-over-year).
- 2019: Revenue of $77K, expenses of $71K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ice Cold Ryders Mc:
Data Sources and Methodology
This transparency report for Ice Cold Ryders Mc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.