Riding With Heart
EIN: 571233216 · Pittstown, NJ · NTEE: P82
| Metric | Value |
|---|---|
| Total Revenue | $179K |
| Total Expenses | $217K |
| Net Assets | $660K |
Is Riding With Heart Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Riding With Heart
Riding With Heart (EIN: 571233216) is a nonprofit organization based in Pittstown, NJ, classified under NTEE code P82. The organization reported total revenue of $179K and total assets of $457K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riding With Heart's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riding With Heart is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $417K |
| Total Expenses | $217K |
| Surplus / Deficit | +$200K |
| Total Assets | $776K |
| Total Liabilities | $116K |
| Net Assets | $660K |
| Operating Margin | 47.9% |
| Debt-to-Asset Ratio | 15.0% |
| Months of Reserves | 42.9 months |
Financial Health Grade: A
In 2023, Riding With Heart reported a surplus of $200K with revenue exceeding expenses, holds 42.9 months of operating reserves (strong position), has a debt-to-asset ratio of 15.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Riding With Heart's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +123.3% | +87.3% | +33.2% |
| 2022 | +30.7% | -34.4% | +12.2% |
| 2021 | -11.4% | +37.6% | -5.9% |
| 2020 | -5.9% | -12.1% | +19.0% |
| 2019 | -9.2% | -3.1% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Riding With Heart 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 Riding With Heart 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 surplus of $200K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.0%.
Frequently Asked Questions about Riding With Heart
Is Riding With Heart a legitimate charity?
Based on AI analysis of IRS 990 filings, Riding With Heart (EIN: 571233216) insufficient data. 0 red flags identified, 0 strengths noted.
How does Riding With Heart spend its money?
Detailed spending breakdown data is not yet available for Riding With Heart. Check back for updated IRS 990 analysis.
Are donations to Riding With Heart tax-deductible?
Riding With Heart is registered as a tax-exempt nonprofit (EIN: 571233216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Riding With Heart located?
Riding With Heart is headquartered in Pittstown, New Jersey and files with the IRS under EIN 571233216. It is classified under NTEE code P82.
How many years of IRS 990 filings does Riding With Heart have?
Riding With Heart 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 $179K in total revenue.
Filing History
IRS 990 filing history for Riding With Heart showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Riding With Heart's revenue has grown by 265.6%, moving from $114K to $417K. Total assets increased by 103.9% over the same period, from $380K to $776K. Total functional expenses rose by 58.4%, from $137K to $217K. In its most recent filing year (2023), Riding With Heart reported a surplus of $200K, with revenue exceeding expenses. The organization holds $116K in liabilities against $776K in assets (debt-to-asset ratio: 15.0%), resulting in net assets of $660K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $417K | $217K | $776K | $116K | — | — |
| 2022 | $187K | $116K | $583K | $123K | — | View 990 |
| 2021 | $143K | $177K | $519K | $131K | — | View 990 |
| 2020 | $161K | $129K | $552K | $129K | — | — |
| 2019 | $171K | $146K | $464K | $74K | — | View 990 |
| 2018 | $189K | $151K | $442K | $77K | — | View 990 |
| 2017 | $173K | $135K | $409K | $83K | — | View 990 |
| 2016 | $139K | $140K | $376K | $87K | — | View 990 |
| 2015 | $162K | $212K | $289K | $0 | — | View 990 |
| 2014 | $123K | $143K | $485K | $147K | — | View 990 |
| 2013 | $145K | $124K | $413K | $54K | — | View 990 |
| 2012 | $127K | $90K | $397K | $59K | — | View 990 |
| 2011 | $114K | $137K | $380K | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $417K, expenses of $217K, and assets of $776K (revenue +123.3% year-over-year).
- 2022: Revenue of $187K, expenses of $116K, and assets of $583K (revenue +30.7% year-over-year).
- 2021: Revenue of $143K, expenses of $177K, and assets of $519K (revenue -11.4% year-over-year).
- 2020: Revenue of $161K, expenses of $129K, and assets of $552K (revenue -5.9% year-over-year).
- 2019: Revenue of $171K, expenses of $146K, and assets of $464K (revenue -9.2% year-over-year).
- 2018: Revenue of $189K, expenses of $151K, and assets of $442K (revenue +9.0% year-over-year).
- 2017: Revenue of $173K, expenses of $135K, and assets of $409K (revenue +24.5% year-over-year).
- 2016: Revenue of $139K, expenses of $140K, and assets of $376K (revenue -14.2% year-over-year).
- 2015: Revenue of $162K, expenses of $212K, and assets of $289K (revenue +31.5% year-over-year).
- 2014: Revenue of $123K, expenses of $143K, and assets of $485K (revenue -14.7% year-over-year).
- 2013: Revenue of $145K, expenses of $124K, and assets of $413K (revenue +14.1% year-over-year).
- 2012: Revenue of $127K, expenses of $90K, and assets of $397K (revenue +11.0% year-over-year).
- 2011: Revenue of $114K, expenses of $137K, and assets of $380K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riding With Heart:
Data Sources and Methodology
This transparency report for Riding With Heart 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.