NICKS RIDE 4 FRIENDS INC

EIN: 822246813 501(c)(3) Arts, Culture & Humanities

AUBURN, NY

Total Revenue
$732,531
Total Expenses
$780,366
Total Assets
$1,885,787
Net Assets
$1,549,443
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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
2017
Legal Domicile
NY
Principal Officer
BRIAN SCHENCK
Phone
3152533945
Tax Period
2024-01-01 to 2024-12-31

NICKS RIDE 4 FRIENDS INC, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $733K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Net assets of $1.5M represent 25 months of operating reserves.

Mission

EMPOWERING INDIVIDUALS TOWARDS RECOVERY, THROUGH SHARING LIVED EXPERIENCES AND PROMOTING COMMUNITY CONNECTIONS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $670,865
Program Service Revenue $0
Investment Income $533
Other Revenue $61,133
TOTAL REVENUE $732,531

Expense Breakdown

Grants Paid $0
Salaries & Benefits $428,765
Fundraising Expenses $0
Program Expenses $607,535
Other Expenses $351,601
TOTAL EXPENSES $780,366

Year-over-Year Comparison

2024 2023 Change
Revenue $732,531 $633,888 +0.2%
Expenses $780,366 $665,048 +0.2%
Net Income $-47,835 $-31,160 +0.5%
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

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Governance

Voting Members
13
Independent Members
13
Employees
13
Volunteers
N/A

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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR JERIMY BLOWERS BOARD MEMBER N/A
Director
$0 $0 $0
MATTHEW CHALANICK VICE PRESID N/A
Officer Director
$0 $0 $0
DR ADAM DUCKETT BOARD MEMBER N/A
Director
$0 $0 $0
AMANDA FALSEY SECRETARY N/A
Officer Director
$0 $0 $0
MICHAEL FINIZIO BOARD MEMBER N/A
Director
$0 $0 $0
TOM HANSEN BOARD MEMBER N/A
Director
$0 $0 $0
MARY BETH LEESON TREASURER N/A
Officer Director
$0 $0 $0
MELANIE MAHER BOARD MEMBER N/A
Director
$0 $0 $0
DEMETRIUS MURPHY BOARD MEMBER N/A
Director
$0 $0 $0
MARK PINEAU BOARD MEMBER N/A
Director
$0 $0 $0
BRIAN SCHENCK PRESIDENT N/A
Director
$0 $0 $0
BEN SUSMAN BOARD MEMBER N/A
Director
$0 $0 $0
MELANIE TRACEY BOARD MEMBER N/A
Director
$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 $732,531 $780,366 $1,885,787 $-47,835
2023 $633,888 $665,048 $1,923,255 $-31,160
2022 $399,392 $560,663 $1,857,239 $-161,271
2021 $1,382,367 $508,043 $2,927,227 $874,324
2021 $787,813 $317,288 $1,001,037 $470,525
2020 $201,727 $180,456 $229,410 $21,271
2019 $226,175 $125,437 $134,242 $100,738
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