RIDESHARE 2 VOTE AWARE

EIN: 842764403 501(c)(3) Education

DALLAS, TX

Total Revenue
$406,430
Total Expenses
$163,444
Total Assets
$274,363
Net Assets
$274,363
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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
2019
Legal Domicile
TX
Principal Officer
SARAH KOVICH
Phone
2148033797
Tax Period
2024-01-01 to 2024-12-31

RIDESHARE 2 VOTE AWARE, founded in 2019, is a small nonprofit in the Education sector that reported $406K in total revenue in fiscal year 2024. Revenue surged 107% from the prior year, signaling strong growth momentum. The organization ran a surplus of $243K, a strong 60% operating margin.

Mission

AT RIDESHARE2VOTE AWARE OUR MISSION IS TO PROMOTE CIVIC ENGAGEMENT AND STRENGTHEN DEMOCRACY BY INCREASING VOTER PARTICIPATION PARTICULARLY AMONG REGISTERED BUT NON-VOTING CITIZENS WITH A SPECIFIC FOCUS ON YOUTH VOTERS WITHIN THEIR COMMUNITIES. WE ARE DEDICATED TO BREAKING DOWN BARRIERS AND EMPOWERING INDIVIDUALS TO EXERCISE THEIR RIGHT TO VOTE FOSTERING AN ACTIVE AND INFORMED CITIZENRY.

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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 $405,664
Program Service Revenue $0
Investment Income $766
Other Revenue $0
TOTAL REVENUE $406,430

Expense Breakdown

Grants Paid $0
Salaries & Benefits $128,168
Fundraising Expenses $0
Program Expenses $163,444
Other Expenses $35,276
TOTAL EXPENSES $163,444

Year-over-Year Comparison

2024 2023 Change
Revenue $406,430 $196,178 +1.1%
Expenses $163,444 $418,819 -0.6%
Net Income $242,986 $-222,641 -2.1%
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

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Governance

Voting Members
4
Independent Members
4
Employees
9
Volunteers
100

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
0
$0
Total Directors
4
$79,692
Key Employees
1
$79,692
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sarah Kovich Executive Director 20.00
Director Key Emp
$79,692 $0 $79,692
Kim Brown Director 1.00
Director
$0 $0 $0
Cathleen Chapman Director 1.00
Director
$0 $0 $0
Meredith Johnson Director 1.00
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 $406,430 $163,444 $274,363 $242,986
2022 $377,705 $151,955 $244,386 $225,750
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