RIDE4LIFE MINISTRIES 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

2011

Legal Domicile

Principal Officer

SCOTT CARABOOLAD

Phone

2169241845

Tax Period

2020-01-01 to 2020-12-31

RIDE4LIFE MINISTRIES INC, founded in 2011, is a small nonprofit in the Human Services sector that reported $123K in total revenue in fiscal year 2020. Revenue surged 132% from the prior year, signaling strong growth momentum. The organization ran a surplus of $71K, a strong 58% operating margin.

Mission

TO HELP ALL PEOPLE MEET THE CHALLENGES OF LIFE IN A WAY THAT WILL HONOR & PLEASE GOD. TO TEACH, TRAIN AND MENTOR BELIEVERS AND TO SHARE THE GOSPEL WITH UNBELIEVERS. PROVIDE HOPE, COMFORT & ENCOURAGEMENT.

Program Service Accomplishments

Program 1

Expenses: $52,178 Revenue: $123,032

RIDE4LIFE BRINGS A MESSAGE OF HOPE THROUGH A PERSONAL RELATIONSHIP WITH JESUS CHRIST AS IT SEEKS TO CHANGE THE DESTINY OF INDIVIDUALS AND THEREBY TRANSFORM COMMUNITIES WHERE THEY LIVE. R4L, WHICH...

RIDE4LIFE BRINGS A MESSAGE OF HOPE THROUGH A PERSONAL RELATIONSHIP WITH JESUS CHRIST AS IT SEEKS TO CHANGE THE DESTINY OF INDIVIDUALS AND THEREBY TRANSFORM COMMUNITIES WHERE THEY LIVE. R4L, WHICH OPERATES A MOTORCYCLE STUNT TEAM, SEEKS TO SHARE THE GOOD NEWS OF THE GOSPEL OF JESUS CHRIST WITH OTHERWISE UNREACHED INDIVIDUALS OF ALL ETHNICITIES IN NON-TRADITIONAL MARKETPLACE VENUES SUCH AS COMMUNITY FESTIVALS, MOTORSPORTS EVENTS, PRISONS, OUTREACH EVENTS, SCHOOLS AND ORPHANAGES. IN ADDITION TO THE GENERAL PUBLIC AND YOUTH OF ALL AGES, THESE INDIV- IDUALS ARE OFTEN TROUBLED OR "AT-RISK" INDIVIDUALS SUCH AS PRISONERS AND THOSE WHO ARE SUBSTANCE-ADDICTED (PRIMARILY ALCOHOL AND/OR DRUGS).

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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 (2020)

Revenue Breakdown

Contributions & Grants $123,032

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $123,032

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $52,178

Other Expenses $52,178

TOTAL EXPENSES $52,178

Year-over-Year Comparison

	2020	2019	Change
Revenue	$123,032	$53,106	+1.3%
Expenses	$52,178	$53,182	0.0%
Net Income	$70,854	$-76	-933.3%

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

N/A

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

$46,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF ROMAN	SECRETARY	2.000	Officer	$0	$0	$0
DAVID COOK	TREASURER	6.000	Officer	$0	$0	$0
SCOTT CARABOOLAD	PRESIDENT	40.00	Officer	$46,000	$0	$46,000

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
2020	$123,032	$52,178	$75,682	$70,854