A Reason To Ride Inc is located in Jewett City, CT. The organization was established in 2004. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Reason To 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 12/2022, A Reason To Ride Inc generated $28.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $19.1k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
NEEDY VETERAN HOUSING & UTILITY EXPENSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel Martin Chairman | 10 | $0 | |
Daniel Barber Co-Chairman | 10 | $0 | |
Cindy Martin Secretary | 15 | $0 | |
Domenic Rutigliano Treasurer | 15 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,554 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $46 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $10,632 |
Other Revenue | $400 |
Total Revenue | $28,720 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $80 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,105 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $280 |
Other expenses | $9,494 |
Total expenses | $19,108 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $98,983 |
Other assets | $0 |
Total assets | $98,983 |
Total liabilities | $0 |
Net assets or fund balances | $98,983 |
Over the last fiscal year, we have identified 2 grants that A Reason To Ride Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Dime Bank Foundation Inc Norwich, CT PURPOSE: EXEMPT PURPOSE | $2,500 |
Dime Bank Foundation Inc Norwich, CT PURPOSE: EXEMPT PURPOSE | $2,500 |
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