RIDE TO WALK INC (EIN 680058893) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Principal Officer

KRIS CORN

Phone

9167912747

Tax Period

2023-01-01 to 2023-12-31

RIDE TO WALK INC is a small nonprofit that reported $431K in total revenue in fiscal year 2023. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $701K exceeded revenue, resulting in a 63% operating deficit.

Mission

RIDE TO WALK'S MISSION IS TO ENHANCE THE LIVES OF CHILDREN AND YOUNG ADULTS WITH NEUROLOGICAL DISABILITIES BY PROVIDING INNOVATIVE THERAPEUTIC HORSEBACK RIDING ACTIVITIES THAT ARE RECREATIONAL IN NATURE AND ADAPTED TO THE INDIVIDUAL'S NEEDS AND ABILITIES. RIDE TO WALK STRIVES TO PROVIDE A POSITIVE SUPPORT SYSTEM FOR INDIVIDUALS WITH DISABLILITES, THEIR PARENTS/CAREGIVERS, AND OUR COMMUNITY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $126,661

Program Service Revenue $12,050

Investment Income $22,996

Other Revenue $269,202

TOTAL REVENUE $430,909

Expense Breakdown

Grants Paid $0

Salaries & Benefits $350,434

Fundraising Expenses $185

Program Expenses $668,668

Other Expenses $350,260

TOTAL EXPENSES $700,694

Year-over-Year Comparison

	2023	2022	Change
Revenue	$430,909	$2,394,187	-0.8%
Expenses	$700,694	$536,098	+0.3%
Net Income	$-269,785	$1,858,089	-1.1%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG LYMAN	Director	2.00	Director	$0	$0	$0
JILL RUSSI	Director	2.00	Director	$0	$0	$0
SHARON BLUNDEN	Director	2.00	Director	$0	$0	$0
KRISTINE CORN	President & CEO	10.00	Officer	$0	$0	$0

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	No data	No data	No data	No data
2023	$430,909	$700,694	$2,081,578	$-269,785
2022	$2,394,187	$536,098	$3,310,556	$1,858,089
2021	$350,666	$348,044	$473,999	$2,622
2020	$370,260	$322,156	$535,061	$48,104
2019	$367,778	$319,144	$424,471	$48,634
2018	$340,405	$304,177	$412,289	$36,228

RIDE TO WALK INC