RIDE FOR LIFE INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

RAY MANZONI

Phone

6314441292

Tax Period

2024-01-01 to 2024-12-31

RIDE FOR LIFE INC, founded in 1999, is a small nonprofit in the Diseases & Disorders sector that reported $970K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $282K, a strong 29% operating margin.

Mission

TO RAISE RESEARCH FUNDS TO FIND A CURE FOR ALS, TO SUPPORT PATIENTS AND THEIR FAMILIES THROUGH PATIENT SERVICES, AND TO RAISE AWARENESS.

Program Service Accomplishments

Program 1

Expenses: $511,045

TO PROVIDE RESPITE CARE GRANTS THAT PROVIDE FINANCIAL ASSISTANCE FOR CAREGIVING EXPENSES, TO PROVIDE LEGAL GRANTS WHICH PROVIDE FINANCIAL ASSISTANCE WITH WILLS AND OTHER LEGAL DOCUMENTS, TO PROVIDE ASSISTANCE WITH ACCESS TO HANDICAP ACCESSIBLE TRANSPORTATION THROUGH OUR VAN GIFTING PROGRAM AND RENTAL REIMBURSEMENT PROGRAM, TO PROVIDE FINANCIAL ASSISTANCE FOR ADA COMPLIANT HOME MODIFICATION, AND TO PROVIDE CAREGIVER SUPPORT GROUP AND OTHER EMOTIONAL SUPPORT SERVICES.

Program 2

Expenses: $48,132

TO HELP EDUCATE AND RAISE AWARENESS TO ALS.

Program 3

Expenses: $25,000

FINANCIAL SUPPORT FOR ALS RESEARCH GIVEN TO VARIOUS INSTITUTIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $756,607

Program Service Revenue $0

Investment Income $34,716

Other Revenue $178,199

TOTAL REVENUE $969,522

Expense Breakdown

Grants Paid $31,500

Salaries & Benefits $39,897

Fundraising Expenses $55,995

Program Expenses $584,177

Other Expenses $616,494

TOTAL EXPENSES $687,891

Year-over-Year Comparison

	2024	2023	Change
Revenue	$969,522	$706,238	+0.4%
Expenses	$687,891	$376,934	+0.8%
Net Income	$281,631	$329,304	-0.1%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$79,053

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAY MANZONI	PRESIDENT	30.00	Officer Director	$0	$0	$0
JEREMY COHN	CHAIRMAN	10.00	Officer Director	$0	$0	$0
JANICE ROHLF	1ST VICE CHA	2.00	Officer Director	$0	$0	$0
RICHARD IANNUZZI	2ND VICE CHA	2.00	Officer Director	$0	$0	$0
FRANK SORRENTINO	TREASURER	2.00	Officer Director	$0	$0	$0
CHRISTINA RAIA	SECRETARY	2.00	Officer Director	$0	$0	$0
RICH PANICO	DIRECTOR	2.00	Officer Director	$0	$0	$0
NANCY BURNER	DIRECTOR	2.00	Director	$0	$0	$0
NICK HENDRA	DIRECTOR	2.00	Director	$0	$0	$0
PAUL WEISMAN	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS BOERUM	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS BUONAIUTO	DIRECTOR	2.00	Director	$0	$0	$0
COURTNEY BARRETT	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTINE PENDERGAST	DIRECTOR	2.00	Director	$0	$0	$0
MARILYN SLOAN	EXECUTIVE DI	40.00	Officer	$79,053	$0	$79,053

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$969,522	$687,891	$1,447,200	$281,631
2023	$706,238	$376,934	$1,158,582	$329,304
2022	$456,544	$294,199	$829,278	$162,345
2021	$378,242	$239,144	$666,933	$139,098
2020	$372,156	$191,738	$528,145	$180,418
2019	$406,722	$439,332	$347,665	$-32,610
2018	$395,037	$446,262	$380,214	$-51,225