Ride For Joy Therapeutic Ridingprogram Inc
Ride For Joy Therapeutic Ridingprogram Inc maintains stable assets and no officer compensation, with occasional operational deficits.
EIN: 208931344 · Caldwell, ID · NTEE: P99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $256K |
| Total Expenses | $225K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $256,306 |
| Net Assets | $779K |
| Transparency Score | 85/100 |
Is Ride For Joy Therapeutic Ridingprogram Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ride For Joy Therapeutic Ridingprogram Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ride For Joy Therapeutic Ridingprogram Inc
Ride For Joy Therapeutic Ridingprogram Inc (EIN: 208931344) is a nonprofit organization based in Caldwell, ID, classified under NTEE code P99. The organization reported total revenue of $256K and total assets of $790K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ride For Joy Therapeutic Ridingprogram Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ride For Joy Therapeutic Ridingprogram Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $194K |
| Total Expenses | $225K |
| Surplus / Deficit | $-31,437 |
| Total Assets | $782K |
| Total Liabilities | $3K |
| Net Assets | $779K |
| Operating Margin | -16.2% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 41.7 months |
Financial Health Grade: B
In 2023, Ride For Joy Therapeutic Ridingprogram Inc reported a deficit of $31K with expenses exceeding revenue, holds 41.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ride For Joy Therapeutic Ridingprogram Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.1% | -7.9% | -1.2% |
| 2022 | +12.0% | +15.3% | -8.1% |
| 2021 | -5.6% | +7.6% | +8.6% |
| 2020 | -43.8% | +7.0% | +10.0% |
| 2019 | -20.0% | +37.3% | +59.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Ride For Joy Therapeutic Ridingprogram Inc with a Mission Score of 85 out of 100 (Excellent). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Ride For Joy Therapeutic Ridingprogram Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for a nonprofit of its size (latest revenue $256,306).
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 Ride For Joy Therapeutic Ridingprogram Inc's IRS 990 filings:
- Operational deficit in the most recent filing (202312), with expenses ($225,058) exceeding revenue ($193,621).
Strengths
The following positive indicators were identified for Ride For Joy Therapeutic Ridingprogram Inc:
- Zero officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
- Significant asset growth from $42,249 in 201412 to $781,726 in 202312, demonstrating financial health and sustainability.
- Consistently low liabilities, such as $2,706 in 202312, indicating sound financial management and minimal debt.
- Consistent IRS 990 filing history (13 filings), showing strong commitment to transparency and compliance.
Frequently Asked Questions about Ride For Joy Therapeutic Ridingprogram Inc
Is Ride For Joy Therapeutic Ridingprogram Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ride For Joy Therapeutic Ridingprogram Inc (EIN: 208931344) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Ride For Joy Therapeutic Ridingprogram Inc spend its money?
Ride For Joy Therapeutic Ridingprogram Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ride For Joy Therapeutic Ridingprogram Inc tax-deductible?
Ride For Joy Therapeutic Ridingprogram Inc is registered as a tax-exempt nonprofit (EIN: 208931344). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ride For Joy Therapeutic Ridingprogram Inc CEO make?
Ride For Joy Therapeutic Ridingprogram Inc's highest-compensated officer earns $256,306 annually. The organization reported $256K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ride For Joy Therapeutic Ridingprogram Inc's spending goes to programs?
Ride For Joy Therapeutic Ridingprogram Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ride For Joy Therapeutic Ridingprogram Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ride For Joy Therapeutic Ridingprogram Inc is above average for NTEE category P99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ride For Joy Therapeutic Ridingprogram Inc located?
Ride For Joy Therapeutic Ridingprogram Inc is headquartered in Caldwell, Idaho and files with the IRS under EIN 208931344. It is classified under NTEE code P99.
How many years of IRS 990 filings does Ride For Joy Therapeutic Ridingprogram Inc have?
Ride For Joy Therapeutic Ridingprogram Inc has 13 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 $256K in total revenue.
Is Ride For Joy Therapeutic Ridingprogram Inc a good charity?
Based on the available data, Ride For Joy appears to be a good charity. It has a strong track record of asset growth, minimal liabilities, and a clear commitment to its mission by not paying officer compensation. While there was a slight operational deficit in 202312, this is not uncommon for nonprofits and is offset by prior years' surpluses and a healthy asset base.
How has the organization's financial stability changed over time?
The organization's financial stability has significantly improved over time. Assets grew from $42,249 in 201412 to $781,726 in 202312, demonstrating substantial growth and accumulation of resources. While revenue has fluctuated, the overall trend shows a robust and growing organization.
What is the organization's approach to executive compensation?
Ride For Joy Therapeutic Ridingprogram Inc has a highly commendable approach to executive compensation, reporting 0% officer compensation in all available filings. This indicates that its leadership is likely volunteer-based or compensated through other means not classified as officer compensation, allowing more funds to be directed towards its programs.
Filing History
IRS 990 filing history for Ride For Joy Therapeutic Ridingprogram Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ride For Joy Therapeutic Ridingprogram Inc's revenue has grown by 13.4%, moving from $171K to $194K. Total assets increased by 1521.6% over the same period, from $48K to $782K. Total functional expenses rose by 75.6%, from $128K to $225K. In its most recent filing year (2023), Ride For Joy Therapeutic Ridingprogram Inc reported a deficit of $31K, with expenses exceeding revenue. The organization holds $3K in liabilities against $782K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $779K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $194K | $225K | $782K | $3K | — | View 990 |
| 2022 | $258K | $244K | $791K | $1K | — | View 990 |
| 2021 | $231K | $212K | $861K | $1K | — | View 990 |
| 2020 | $244K | $197K | $793K | $2K | — | View 990 |
| 2019 | $435K | $184K | $720K | $6K | — | View 990 |
| 2018 | $543K | $134K | $452K | $1K | — | View 990 |
| 2017 | $167K | $150K | $51K | $2K | — | View 990 |
| 2016 | $136K | $154K | $39K | $6K | — | View 990 |
| 2015 | $134K | $118K | $55K | $4K | — | View 990 |
| 2014 | $117K | $117K | $42K | $7K | — | View 990 |
| 2013 | $96K | $96K | $16K | $0 | — | View 990 |
| 2012 | $49K | $99K | $18K | $0 | — | View 990 |
| 2011 | $171K | $128K | $48K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $194K, expenses of $225K, and assets of $782K (revenue -25.1% year-over-year).
- 2022: Revenue of $258K, expenses of $244K, and assets of $791K (revenue +12.0% year-over-year).
- 2021: Revenue of $231K, expenses of $212K, and assets of $861K (revenue -5.6% year-over-year).
- 2020: Revenue of $244K, expenses of $197K, and assets of $793K (revenue -43.8% year-over-year).
- 2019: Revenue of $435K, expenses of $184K, and assets of $720K (revenue -20.0% year-over-year).
- 2018: Revenue of $543K, expenses of $134K, and assets of $452K (revenue +225.4% year-over-year).
- 2017: Revenue of $167K, expenses of $150K, and assets of $51K (revenue +22.9% year-over-year).
- 2016: Revenue of $136K, expenses of $154K, and assets of $39K (revenue +1.6% year-over-year).
- 2015: Revenue of $134K, expenses of $118K, and assets of $55K (revenue +14.4% year-over-year).
- 2014: Revenue of $117K, expenses of $117K, and assets of $42K (revenue +21.1% year-over-year).
- 2013: Revenue of $96K, expenses of $96K, and assets of $16K (revenue +96.2% year-over-year).
- 2012: Revenue of $49K, expenses of $99K, and assets of $18K (revenue -71.2% year-over-year).
- 2011: Revenue of $171K, expenses of $128K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ride For Joy Therapeutic Ridingprogram Inc:
Data Sources and Methodology
This transparency report for Ride For Joy Therapeutic Ridingprogram Inc 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.