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Ride 2 Recovery

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202252840 ✦ San diego, CA ✦ Designated as a 501(c)(3)

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Overview

What is Ride 2 Recovery?

Ride 2 Recovery is a nonprofit organization situated in San Diego, California, with a mission to aid injured veterans by employing cycling as a rehabilitative tool for both mental and physical well-being. The organization hosts challenge events, honor rides, mountain biking events, women's initiatives, and Project Hero Camps, providing opportunities for healing and camaraderie. Ride 2 Recovery supports Spinning Recovery Labs and outdoor cycling programs at various military and U.S. locations, fostering a healthier lifestyle for our nation's heroes. With a dedication to reversing the rise of obesity through physical activity, nutrition, and positive mental health initiatives, Ride 2 Recovery develops and implements policies and programs that promote better health and fitness. The organization is staffed by a team of four passionate individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 65% (Two-Star out of Four Stars)

Ride 2 Recovery has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial practices. The overall score reflects a focus solely on the Accountability & Finance beacon, where the organization scored 65%. While it demonstrates strong performance in areas such as having an independent board and a solid program expense ratio, significant deficiencies were noted in transparency and policy documentation.

The organization benefits from a fully independent board and an excellent liabilities to assets ratio, showing a healthy financial structure. However, there are critical shortcomings in accountability, specifically the absence of financial statements and several key policies. These gaps raise questions about the nonprofit’s operational transparency and adherence to best practices in governance.

Despite its positive aspects, the lack of essential documentation and policies, including conflict of interest and whistleblower protection, limits the organization’s score. This highlights the need for improvement in transparency and governance to enhance trust and confidence among stakeholders and potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Ride 2 Recovery legitimate?

Ride 2 Recovery is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ride 2 Recovery 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: $100,375
Professional Fundraising Fees: $0
Other Salaries and Wages: $104,881

For more financial information, click here

What is the mission statement of Ride 2 Recovery?

Ride 2 Recovery is committed to reversing the rise of obesity through initiatives focusing on physical activity, nutrition, and positive mental health. They achieve this by developing and implementing policies and programs, such as Ride2Recovery, which promote better health and fitness. The organization's mission is to make a difference in the lives of individuals, particularly injured veterans, by utilizing cycling as a mental and physical rehabilitation activity. Ride 2 Recovery hosts various events, including challenge events, one-day honor rides, mountain bike events, women's initiatives, and Project Hero Camp, to support the recovery and well-being of these veterans. Additionally, they support spinning recovery labs and outdoor cycling programs at military and U.S. locations to aid in the rehabilitation process.

Who is the CEO of Ride 2 Recovery?

Todd Setter is the Executive Dir. of Ride 2 Recovery.

What is the revenue of Ride 2 Recovery?

Ride 2 Recovery's revenue in 2022 was $713,105.

Who are the executives of Ride 2 Recovery and what are their salaries?

The average compensation at Ride 2 Recovery during 2022 was $51,314. There are 4 employees at Ride 2 Recovery.


Here are 5 key members and their salaries:


Todd Setter (Executive Dir.)
  • Compensation: $100,375
  • Related: $0
  • Other: $0
Thomas Abraham (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Paddor (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Spurgeon (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John West (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ride 2 Recovery?

Ride 2 Recovery's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ride 2 Recovery

Ride 2 Recovery is committed to a vision of reversing the rising trend of obesity through initiatives that promote physical activity, proper nutrition, and positive mental health. This organization achieves this goal by developing and implementing policies and programs, such as Ride2Recovery, which foster better health and fitness. The organization's mission is to make a difference in the lives of individuals, with a particular focus on injured veterans. Ride 2 Recovery accomplishes this by hosting challenge events, one-day honor rides, mountain bike events, women's initiatives, and Project Hero Camps. These activities serve as a means of mental and physical rehabilitation for the veterans involved. Additionally, Ride 2 Recovery supports spinning recovery labs and outdoor cycling programs at various military and U.S. locations across the country to aid injured veterans in their recovery process.

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Impact




October, 2024

Ride 2 Recovery significantly impacts the lives of injured veterans by utilizing cycling as a powerful tool for mental and physical rehabilitation. By organizing a variety of events such as challenge rides, one-day honor rides, mountain biking events, and women’s initiatives, it fosters a supportive community that encourages active lifestyles.

The program not only helps improve fitness levels but also promotes positive mental health through the camaraderie and shared experiences of participants. Additionally, with initiatives like Project Hero Camp and support for Spinning Recovery Labs, Ride 2 Recovery creates structured opportunities for veterans to engage in outdoor cycling and physical activities across various U.S. locations. This multifaceted approach plays a crucial role in reversing the rise of obesity, advocating for healthier habits, and enhancing the overall well-being of those who have served.




This information is meant to be a general summary of Ride 2 Recovery. 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.

Revenue
$713,105 (2022)
Expenses
$722,442 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8
  • Gross Receipts: $713,105

Assets and Liabilities:

  • Total Assets: $220,007
  • Total Liabilities: $0
  • Net Assets: $220,007

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Organization Details

Founding Year

2003

Principal Officer

Todd Setter

Main Address

3288 ADAMS AVE 16527, SAN DIEGO, CA, 92176

NTEE Category

Code: N99 - Recreation

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