NEXT RIDE PARATRANSIT INC

EIN: 873369196 501(c)(3)

Fairfield, IA

Total Revenue
$1,846
Total Expenses
$5,378
Total Assets
N/A
Net Assets
N/A
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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
IA
Principal Officer
Geraldine D Stood
Phone
5157585020
Tax Period
2022-01-01 to 2022-12-31

NEXT RIDE PARATRANSIT INC, founded in 2021, is a micro nonprofit that reported $2K in total revenue in fiscal year 2022. Revenue surged 751% from the prior year, signaling strong growth momentum. Expenses of $5K exceeded revenue, resulting in a 191% operating deficit.

Mission

Next Ride Paratransit Inc is a family-run 501c3 non-profit organization that provides ride services for seniors and differently abled people.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,846
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,846

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,378
Other Expenses $5,378
TOTAL EXPENSES $5,378

Year-over-Year Comparison

2022 2021 Change
Revenue $1,846 $217 +7.5%
Expenses $5,378 $2,698 +1.0%
Net Income $-3,532 $-2,481 +0.4%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
2
$0
Total Directors
2
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kennidy I Stood Co Director 1
Officer Director
$0 $0 $0
Madelyn P Stood Co Director 30
Officer Director Key Emp
$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
2022 $1,846 $5,378 No data $-3,532
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