Overview
What is Minnesota Fighting Aids On Bikes?
Minnesota Fighting Aids On Bikes is a charitable organization based in Minneapolis, Minnesota, with an address at 2101 Hennepin Avenue South 200. Their primary mission is to combat HIV/AIDS through education, fundraising, and awareness-raising efforts. To achieve this goal, they organize and oversee the Red Ribbon Ride, a three-day, 200-mile cycling event. The funds raised during this event support four local HIV/AIDS service organizations: African American AIDS Task Force, One Heartland, Rural AIDS Action Network, and The Aliveness Project. By participating in the Red Ribbon Ride, the organization ensures both the safety of the participants and the financial responsibility of the beneficiary agencies.
Official website here: www.redribbonride.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Minnesota Fighting AIDS on Bikes has received a commendable Three-Star rating from Charity Navigator, reflecting an overall score of 83%. This rating indicates a solid performance in accountability and finance, with the organization demonstrating strong fiscal responsibility. The charity's financial transparency is underscored by a perfect score in several key areas, including having a majority independent board and no instances of material asset diversion.
The charity excels in its governance practices, achieving full marks for independent board members and a favorable liabilities-to-assets ratio of 0.00%. Additionally, it maintains a high program expense ratio of 83.57%, suggesting that a significant portion of its funds is directed towards its mission-related activities. The charity’s website is also compliant with tax form listings, further enhancing its transparency.
However, there are some areas noted for improvement, particularly the absence of a whistleblower policy and a document retention and destruction policy, which received no points. While these limitations do not significantly detract from its strong financial performance, they are important for ensuring comprehensive accountability practices. Overall, Minnesota Fighting AIDS on Bikes is positioned well in terms of financial health and governance, making it a viable option for donors interested in supporting its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Minnesota Fighting Aids On Bikes?
96% of 228 reviewers on Facebook recommend Minnesota Fighting Aids On Bikes. Here is a summary of their reviews:
Many participants express gratitude for the support and positive impact this organization has had on their health journeys. Individuals frequently mention the caring and dedicated staff, highlighting how their assistance has significantly contributed to personal well-being and recovery. The sense of community fostered by the organization is a common theme, with many feeling uplifted and encouraged throughout their experiences.
Overall, the sentiment toward Minnesota Fighting Aids On Bikes is overwhelmingly positive. Reviewers appreciate the vital services provided, emphasizing the organization's commitment to supporting its community in both health and wellness initiatives.
This AI summary has been generated from reviews found on Facebook.
Is Minnesota Fighting Aids On Bikes legitimate?
Minnesota Fighting Aids On Bikes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Fighting Aids On Bikes submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.redribbonride.org
What is the mission statement of Minnesota Fighting Aids On Bikes?
Minnesota Fighting AIDS On Bikes' mission is centered around educating the public about HIV and raising funds and awareness to support local AIDS service organizations. They achieve this mission by organizing and producing the Red Ribbon Ride, a safe and financially responsible event that benefits four HIV/AIDS service organizations in Minnesota: African American AIDS Task Force, One Heartland, Rural AIDS Action Network, and The Aliveness Project. The Red Ribbon Ride is a three-day, 200-mile bicycle ride that raises essential funds for HIV/AIDS services, treatment, prevention, and awareness.
Official website here: www.redribbonride.org
What is the revenue of Minnesota Fighting Aids On Bikes?
Minnesota Fighting Aids On Bikes's revenue in 2022 was $983.
Official website here: www.redribbonride.org
Who are the executives of Minnesota Fighting Aids On Bikes and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.redribbonride.org
Where can I find the form 990 for Minnesota Fighting Aids On Bikes?
Minnesota Fighting Aids On Bikes's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.redribbonride.org
Learn more at the official website: www.redribbonride.org
Mission Statement of Minnesota Fighting Aids On Bikes
Minnesota Fighting AIDS On Bikes, a nonprofit organization, is dedicated to raising awareness and funds for HIV services, treatment, prevention, and education. They achieve this mission by organizing and producing the Red Ribbon Ride, a safe and financially responsible event for participants. This three-day, 200-mile bicycle ride is a significant source of support for four HIV/AIDS service organizations in Minnesota: African American AIDS Task Force, One Heartland, Rural AIDS Action Network, and The Aliveness Project. By participating in and promoting this event, Minnesota Fighting AIDS On Bikes contributes to the ongoing efforts to combat HIV/AIDS and provide vital resources to those affected.
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Impact
October, 2024
Minnesota Fighting AIDS On Bikes significantly impacts public awareness and funding for HIV/AIDS services through its signature event, the Red Ribbon Ride. This fully supported three-day, 200-mile bicycle ride not only fosters a sense of community among participants but also raises essential funds for four key HIV/AIDS service organizations in Minnesota: the African American AIDS Task Force, One Heartland, Rural AIDS Action Network, and the Aliveness Project.
By educating the public about HIV and related issues, the organization addresses stigma and promotes understanding, ultimately facilitating better prevention and treatment efforts. The Red Ribbon Ride serves as a platform to unite people from various backgrounds, encouraging them to support vital services that aid individuals affected by HIV/AIDS. This combination of education and fundraising ensures that the initiative remains both impactful and fiscally responsible, directly benefiting those in need and enhancing the overall quality of care in the region.
This information is meant to be a general summary of Minnesota Fighting Aids On Bikes. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $983
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2002
Principal Officer
Matt Toburen
Website
www.redribbonride.orgNTEE Category
Code: G128 - Disease
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