VETERANS RIDE FOR FREE

EIN: 872186591 501(c)(3) Public & Societal Benefit

Brooklyn, CT

Total Revenue
$302,272
Total Expenses
$280,243
Total Assets
$94,783
Net Assets
$94,783
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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
2021
Legal Domicile
CT
Principal Officer
Daniel Brimeyer
Phone
8603171025
Tax Period
2023-01-01 to 2023-12-31

VETERANS RIDE FOR FREE, founded in 2021, is a small nonprofit in the Public & Societal Benefit sector that reported $302K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $280K left a modest 7% surplus.

Mission

The organizations mission is to provide free medical rides for veterans and housing for homeless veterans.

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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 (2023)

Revenue Breakdown

Contributions & Grants $275,868
Program Service Revenue $26,400
Investment Income $4
Other Revenue $0
TOTAL REVENUE $302,272

Expense Breakdown

Grants Paid $0
Salaries & Benefits $88,095
Fundraising Expenses $0
Program Expenses $280,243
Other Expenses $192,148
TOTAL EXPENSES $280,243

Year-over-Year Comparison

2023 2022 Change
Revenue $302,272 $322,078 -0.1%
Expenses $280,243 $298,184 -0.1%
Net Income $22,029 $23,894 -0.1%
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
5
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
4
$16,200
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jacqueline Reali Secretary 30
Officer
$15,600 $0 $15,600
Ernest Gaudreau Treasurer 1
Officer
$600 $0 $600
Daniel Brimeyer President 1
Officer
$0 $0 $0
George Boston Vice President 1
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 $302,272 $280,243 $94,783 $22,029
2022 $322,078 $298,184 $72,754 $23,894
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