Hope Ride Inc
- Assets
- $11.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hope, IN
- Founding
- 04/2014
- Data as of
- 12/2020
- EIN
- 46-0954358
Organization Overview
Hope Ride Inc is located in Hope, IN. The organization was established in 2014. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope 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 12/2020, Hope Ride Inc generated $7.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (31.6%) each year. All expenses for the organization totaled $9.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (29.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
HOPE RIDE & GIRLFRIEND RIDE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul V Ashbrook President | 5 | $0 | |
Carol M Ashbrook Vp/treasurer/secretary | 5 | $0 | |
Abbey R Ashbrook Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,325 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,325 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,086 |
| Total expenses | $9,545 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,103 |
| Other assets | $0 |
| Total assets | $11,103 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,103 |