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Ride Cincinnati Foundation

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

EIN: 204899800 ✦ Mason, OH ✦ Designated as a 501(c)(3)

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Overview

What is Ride Cincinnati Foundation?

The Ride Cincinnati Foundation is a nonprofit organization, situated in Mason, Ohio, primarily focused on raising funds for the UC Barrett Cancer Center at the University of Cincinnati and various local breast cancer clinical, transitional, and research programs. With a mission to support these crucial cancer initiatives, the Foundation aims to contribute significantly to the ongoing fight against breast cancer. Although the information provided does not disclose the number of individuals involved, it is evident that the Foundation is driven by a dedicated team of at least one employee.


Official website here: www.ridecincinnati.org

What are the reviews and ratings of this charity?

Charity Navigator gives Ride Cincinnati Foundation a rating of 57%, resulting in a One-Star out of Four Star rating. This score indicates significant concerns regarding the organization’s accountability and financial practices. While the foundation boasts a fully independent board and maintains no material diversion of assets, other critical areas such as conflict of interest and whistleblower policies are lacking.

The foundation has strengths in governance, with a small board that is completely independent and a low liabilities-to-assets ratio, which reflects financial stability. Additionally, the organization allocates a relatively high percentage of its expenses toward programs, at 60.17%. However, the absence of essential policies raises questions about transparency and oversight.

Overall, while Ride Cincinnati Foundation demonstrates some positive governance features, the missing policies and lower program expense ratio indicate areas needing improvement. Potential donors may want to consider these factors when evaluating their support for the organization.


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

What do the Facebook reviews say about Ride Cincinnati Foundation?

60% of 13 reviewers on Facebook recommend the Ride Cincinnati Foundation. Here’s a summary of their thoughts:

Participants recognize the nonprofit's mission as significant and express appreciation for the cause it supports. However, several comments highlight dissatisfaction with new mandatory minimum fundraising requirements, leading some to reconsider their involvement in future events. Additionally, concerns were raised about the cycling routes, particularly regarding safety issues on certain roads, which detracts from the overall experience.

Overall, while the foundation is respected for its important mission, there are notable hesitations among participants about fundraising policies and route safety that could affect future participation.


This AI summary has been generated from reviews found on Facebook.

Is Ride Cincinnati Foundation legitimate?

Ride Cincinnati Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ride Cincinnati Foundation 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: $80,000

For more financial information, click here


Official website here: www.ridecincinnati.org

What is the mission statement of Ride Cincinnati Foundation?

The Ride Cincinnati Foundation's mission is centered around fundraising efforts. Their primary objective is to support the UC Barrett Cancer Center at the University of Cincinnati Hospital and various local breast cancer clinical, transitional, and research programs. They aim to contribute to advancements in cancer treatment and research, striving to make a significant impact in the field. The foundation's activities are instrumental in providing resources and fostering innovations in breast cancer care.


Official website here: www.ridecincinnati.org

Who is the CEO of Ride Cincinnati Foundation?

Michael Rudnicki is the Board Member of Ride Cincinnati Foundation.


Official website here: www.ridecincinnati.org

What is the revenue of Ride Cincinnati Foundation?

Ride Cincinnati Foundation's revenue in 2022 was $1,033,243.


Official website here: www.ridecincinnati.org

Who are the executives of Ride Cincinnati Foundation and what are their salaries?

The average compensation at Ride Cincinnati Foundation during 2022 was $80,000. There is 1 employee and 120 volunteers at Ride Cincinnati Foundation.


Here are 4 key members and their salaries:


Dr William Barrett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Barrett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Barrett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rudnicki (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ridecincinnati.org

Where can I find the form 990 for Ride Cincinnati Foundation?

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


Official website here: www.ridecincinnati.org

Learn more at the official website: www.ridecincinnati.org

Mission Statement of Ride Cincinnati Foundation

The Ride Cincinnati Foundation is committed to raising funds to support the UC Barrett Cancer Center at the University of Cincinnati Hospital and various local breast cancer clinical, transitional, and basic research programs. This nonprofit organization's mission is to contribute financially towards the advancement of breast cancer treatment and research, aiming to improve the lives of those affected by the disease. By supporting the UC Barrett Cancer Center and other local programs, the Ride Cincinnati Foundation plays a significant role in the ongoing battle against breast cancer, striving to make a positive impact on patients' lives and the broader medical community.

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Impact




October, 2024

Ride Cincinnati Foundation significantly impacts the fight against breast cancer by generating critical funds to support the UC Barrett Cancer Center at the University of Cincinnati Hospital and other local breast cancer clinical and transitional research programs. Through its dedicated efforts, the organization enhances the resources available for groundbreaking research and innovative treatment options, fostering advancements that could potentially improve patient outcomes. By mobilizing the community and engaging participants in fundraising activities, Ride Cincinnati Foundation plays a pivotal role in advancing medical research and supporting those affected by breast cancer in the Cincinnati area.




This information is meant to be a general summary of Ride Cincinnati Foundation. 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
$1,033,243 (2022)
Expenses
$690,215 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,033,243

Assets and Liabilities:

  • Total Assets: $426,293
  • Total Liabilities: $318
  • Net Assets: $425,975

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Organization Details

Founding Year

2007

Principal Officer

Michael Rudnicki

Main Address

PO BOX 862, MASON, OH, 45040

NTEE Category

Code: H30 - Medical research

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