RIDERS ALLIANCE FUND INC

EIN: 843709393 501(c)(3) Civil Rights & Advocacy

NEW YORK, NY

Total Revenue
$2,666,688
Total Expenses
$2,503,634
Total Assets
$2,186,277
Net Assets
$1,924,455
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NY
Principal Officer
ELIZABETH PLUM
Phone
3476031413
Tax Period
2024-07-01 to 2025-06-30

RIDERS ALLIANCE FUND INC, founded in 2019, is a community nonprofit in the Civil Rights & Advocacy sector that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $2.5M left a modest 6% surplus.

Mission

RIDERS ALLIANCE IS FIGHTING FOR A WORLD-CLASS PUBLIC TRANSIT SYSTEM THAT MEETS THE EVERYDAY NEEDS OF ALL NEW YORKERS AND TAKES US TOWARD A MORE EQUITABLE CITY AND SUSTAINABLE FUTURE.

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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 $2,441,141
Program Service Revenue $216,000
Investment Income $77,523
Other Revenue $-67,976
TOTAL REVENUE $2,666,688

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,366,463
Fundraising Expenses $294,970
Program Expenses $1,985,223
Other Expenses $1,134,221
TOTAL EXPENSES $2,503,634

Year-over-Year Comparison

2024 2023 Change
Revenue $2,666,688 $2,196,860 +0.2%
Expenses $2,503,634 $1,629,632 +0.5%
Net Income $163,054 $567,228 -0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
18
Volunteers
60

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
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL FREEDMAN-SCHNAPP BOARD MEMBER 1.00
Officer Director
$0 $0 $0
TOLANI ADEBOYE BOARD CHAIR 1.00
Officer Director
$0 $0 $0
ERROL COCKFIELD BOARD VICE CHAIR 1.00
Officer Director
$0 $0 $0
THEODORE MOORE SECRETARY 1.00
Officer Director
$0 $0 $0
RICHARD ORAM TREASURER 1.00
Officer Director
$0 $0 $0
LIBERO DELLA PIANA BOARD MEMBER 1.00
Director
$0 $0 $0
MARK FOGGIN BOARD MEMBER 1.00
Director
$0 $0 $0
ASA JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
BEN KABAK BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH PEREZ SECOND BOARD VICE CHAIR 1.00
Director
$0 $0 $0
JEREMY SOFFIN BOARD MEMBER 1.00
Director
$0 $0 $0
MARCO CARRION BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH BESTY PLUM EXECUTIVE DIRECTOR 40.00
Highest
$140,000 $0 $140,000
CAITLIN GREER PEARCE DEPUTY DIRECTOR 40.00
Highest
$125,000 $0 $125,000
MOLLY GALVIN DIRECTOR OF FUNDRAISING & 40.00
Highest
$120,000 $0 $120,000
DANIEL DANNY PEARLSTEIN POLICY & COMMUNICATION DIR 40.00
Highest
$115,000 $4,000 $119,000
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
2025 $2,666,688 $2,503,634 $2,186,277 $163,054
2024 $2,196,860 $1,629,632 $2,188,272 $567,228
2023 $1,511,506 $1,544,389 $1,835,869 $-32,883
2022 $1,347,374 $1,331,261 $1,480,432 $16,113
2021 $1,808,991 $598,048 $1,388,863 $1,210,943
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