Ready Rides
EIN: 371741606 · Northwood, NH · NTEE: P52
| Metric | Value |
|---|---|
| Total Revenue | $65K |
| Total Expenses | $72K |
| Net Assets | $80K |
Is Ready Rides Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ready Rides
Ready Rides (EIN: 371741606) is a nonprofit organization based in Northwood, NH, classified under NTEE code P52. The organization reported total revenue of $65K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ready Rides's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ready Rides is a micro nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $53K |
| Total Expenses | $72K |
| Surplus / Deficit | $-18,607 |
| Total Assets | $80K |
| Net Assets | $80K |
| Operating Margin | -35.1% |
| Months of Reserves | 13.4 months |
Financial Health Grade: B
In 2023, Ready Rides reported a deficit of $19K with expenses exceeding revenue, holds 13.4 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), Ready Rides's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.7% | +21.8% | -19.9% |
| 2022 | +112.6% | +20.3% | +9.8% |
| 2021 | -55.5% | -23.7% | -15.8% |
| 2020 | -17.2% | +2.1% | +7.3% |
| 2019 | +4.0% | +3.2% | +30.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ready Rides has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ready Rides with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
Frequently Asked Questions about Ready Rides
Is Ready Rides a legitimate charity?
Based on AI analysis of IRS 990 filings, Ready Rides (EIN: 371741606) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ready Rides spend its money?
Detailed spending breakdown data is not yet available for Ready Rides. Check back for updated IRS 990 analysis.
Are donations to Ready Rides tax-deductible?
Ready Rides is registered as a tax-exempt nonprofit (EIN: 371741606). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ready Rides located?
Ready Rides is headquartered in Northwood, New Hampshire and files with the IRS under EIN 371741606. It is classified under NTEE code P52.
How many years of IRS 990 filings does Ready Rides have?
Ready Rides has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $65K in total revenue.
Filing History
IRS 990 filing history for Ready Rides showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Ready Rides's revenue has declined by 17.4%, moving from $64K to $53K. Total assets increased by 45.9% over the same period, from $55K to $80K. Total functional expenses rose by 49.1%, from $48K to $72K. In its most recent filing year (2023), Ready Rides reported a deficit of $19K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $53K | $72K | $80K | $0 | — | View 990 |
| 2022 | $68K | $59K | $100K | $1K | — | — |
| 2021 | $32K | $49K | $91K | $1K | — | — |
| 2020 | $71K | $64K | $108K | $1K | — | View 990 |
| 2019 | $86K | $63K | $101K | $1K | — | View 990 |
| 2018 | $83K | $61K | $77K | $1K | — | View 990 |
| 2017 | $64K | $48K | $55K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $53K, expenses of $72K, and assets of $80K (revenue -21.7% year-over-year).
- 2022: Revenue of $68K, expenses of $59K, and assets of $100K (revenue +112.6% year-over-year).
- 2021: Revenue of $32K, expenses of $49K, and assets of $91K (revenue -55.5% year-over-year).
- 2020: Revenue of $71K, expenses of $64K, and assets of $108K (revenue -17.2% year-over-year).
- 2019: Revenue of $86K, expenses of $63K, and assets of $101K (revenue +4.0% year-over-year).
- 2018: Revenue of $83K, expenses of $61K, and assets of $77K (revenue +29.3% year-over-year).
- 2017: Revenue of $64K, expenses of $48K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ready Rides:
Data Sources and Methodology
This transparency report for Ready Rides 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.