Climate Ride Inc

Organization Overview

Climate Ride Inc is located in Missoula, MT. The organization was established in 2010. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 12/2021, Climate Ride Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Climate Ride Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Climate Ride Inc generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Climate Ride Inc has awarded 126 individual grants totaling $2,361,718. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CLIMATE RIDE IS A 501(C)(3) NONPROFIT ORGANIZATION THAT MOBILIZES PEOPLE TO PROTECT OUR PLANET THROUGH LIFE-CHANGING ADVENTURES. WE ORGANIZE CHARITABLE BIKING, RUNNING, AND HIKING EVENTS TO RAISE AWARENESS AND SUPPORT SUSTAINABILITY, ACTIVE TRANSPORTATION, AND ENVIRONMENTAL CAUSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CLIMATE RIDE'S PROGRAMS BRING PEOPLE AND NONPROFITS TOGETHER TO INSPIRE ACTION AND MAKE PROTECTING THE PLANET A PHILANTHROPIC PRIORITY FOR EVERYONE. CLIMATE RIDE PLANS, IMPLEMENTS, AND SUPPORTS OUTDOOR ADVENTURE EVENTS AROUND THE US AND THE WORLD. IT SUPPORTS PARTICIPANTS TO DO OUTREACH AND RAISE FUNDS FOR GRANTS (SEE BELOW). CLIMATE RIDE PROGRAMMATIC EXPENSES INCLUDE ENVIRONMENTAL EDUCATION, OUTREACH, AND PROVIDING SCHOLARSHIPS THAT INCREASE DIVERSITY AND INCLUSION.


WITH THE CONTINUATION OF THE COVID PANDEMIC IN 2021, CLIMATE RIDE HAD LOWER PARTICIPATION IN ITS EVENTS WHICH LED TO LOWER REVENUE AND OVERALL GRANDS THAT WOULD BE EXPECTED IN A NORMAL YEAR. CONTRIBUTIONS RAISED BY PARTICIPANTS IN CLIMATE RIDE'S BIKE RIDES, HIKES, AND OTHER EVENTS ARE DONATED TO DOZENS OF NON-PROFIT ORGANIZATIONS THROUGHOUT THE UNITED STATES THAT PRIMARILY DO WORK IN THE AREAS OF ENVIRONMENT, CLIMATE CHANGE, CLEAN ENERGY, ACTIVE TRANSPORTATION, AND SUSTAINABILITY. CLIMATE RIDE MAKES ITS GROWTH FUND THE SOLE DESIGNATED BENEFICIARY OF CERTAIN "FUNDER" EVENTS AND IS LISTED AS ONE OF THE BENEFICIARIES FROM WHICH PARTICIPANTS CAN CHOOSE TO FUNDRAISE FOR DURING THE YEAR. THE FUND IS USED TO SUSTAIN PROGRAMMING AND PROMOTE ITS LONG-TERM STABILITY, FUND SCHOLARSHIPS, AND ENVIRONMENTAL JUSTICE ACTION GRANTS. CONTRIBUTIONS TO THE GROWTH FUND, WHICH TOTALED $225,612.80 IN 2021, ARE RECORDED SOLELY AS REVENUES AND NOT INCLUDED IN GRANTS.


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Board, Officers & Key Employees

Name (title)Compensation
Roger Schwed
Treasurer
$0
Mark Wenzler
Secretary
$0
Trina Peterson
President
$0
Kim Larson
Director
$0
Lisa Drake
Director
$0
Josh Lasky
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$306,603
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$306,603
Total Program Service Revenue$917,933
Investment income $3,097
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $12,128
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,301,047

Grants Awarded

Over the last fiscal year, Climate Ride Inc has awarded $238,095 in support to 16 organizations.

Grant RecipientAmount

GLACIER NAT PARK CONSERVANCY

Org PageRecipient Profile

Columbia Falls, MT

|

$64,191

GRID ALTERNATIVES

Org PageRecipient Profile

Oakland, CA

|

$38,154

Washington, DC

|

$17,050

SIERRA CLUB CONNECTICUT

Org PageRecipient Profile

Oakland, CA

|

$13,406

Brooklyn, NY

|

$13,325

San Francisco, CA

|

$11,587
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 21 grants that Climate Ride Inc has recieved totaling $490,248.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ENVIRONMENTAL AND ANIMALS

$379,845
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$30,826
Aaron Rashti Family Foundation Inc

Greenwood Village, CO

PURPOSE: CLIMATE MOVEMENT

$20,000
Whitefish Community Foundation Inc

Whitefish, MT

PURPOSE: GENERAL SUPPORT

$13,800
March Conservation Fund

San Francisco, CA

PURPOSE: GENERAL SUPPORT

$10,000
Seed Fund Grants Inc

Pittsford, NY

PURPOSE: UNRESTRICTED

$8,000
View Grant Recipient Profile

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