Overview
What is Climate Ride Inc?
Climate Ride Inc is a 501(c)(3) non-profit organization based in Missoula, Montana, with 17 employees. Their primary mission is to mobilize individuals to protect the planet through life-transforming adventures. They achieve this by organizing charitable biking, running, and hiking events aimed at raising awareness and supporting sustainability, active transportation, and environmental causes. The contributions raised by participants in their events are donated to numerous non-profit organizations across the United States, focusing on areas like environment, climate change, clean energy, active transportation, and sustainability. In 2022, these contributions were augmented by a matching funds pledge of up to $2.5 million from the Algorand Foundation, furthering their impact.
Official website here: www.climateride.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 93% (Four-Star out of Four Star rating).
Climate Ride Inc has demonstrated a strong commitment to accountability and financial management, reflected in its impressive 93% overall score. The organization boasts a fully independent board and exemplary financial oversight, with no material diversion of assets reported. However, it has noted some gaps, including missing policies on whistleblower protection and document retention, which could affect governance transparency.
User feedback indicates a mixed perception from the public, with a review highlighting that while the majority of revenues are directed towards climate programs after rider expenses, some users may feel a need for greater clarity on the allocation of funds. The organization’s program expense ratio is commendable at over 92%, suggesting that most funds are effectively utilized for their intended purposes.
Overall, Climate Ride Inc is recognized for its solid governance and financial practices, alongside a commitment to significant grant distribution and inclusive event planning. However, addressing the noted policy gaps could further enhance its credibility and appeal among supporters.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Climate Ride Inc legitimate?
Climate Ride Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Climate Ride Inc 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: $82,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $192,678
For more financial information, click here
Official website here: www.climateride.org
What is the mission statement of Climate Ride Inc?
Climate Ride Inc is a non-profit organization that motivates individuals to protect the planet through transformative experiences. They organize charitable biking, running, and hiking events to raise awareness and support causes related to sustainability, active transportation, and the environment. The contributions raised by participants in their events are donated to numerous non-profit organizations across the United States, focusing on areas like climate change, clean energy, active transportation, and sustainability. In 2022, these contributions were boosted by a matching funds pledge of up to $2.5 million from the Algorand Foundation.
Official website here: www.climateride.org
Who is the CEO of Climate Ride Inc?
Caeli Quinn is the Executive Director of Climate Ride Inc.
Official website here: www.climateride.org
What is the revenue of Climate Ride Inc?
Climate Ride Inc's revenue in 2022 was $5,475,748.
Official website here: www.climateride.org
Who are the executives of Climate Ride Inc and what are their salaries?
The average compensation at Climate Ride Inc during 2022 was $16,187. There are 17 employees and 2 volunteers at Climate Ride Inc.
Here are 14 key members and their salaries:
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Official website here: www.climateride.org
Where can I find the form 990 for Climate Ride Inc?
Climate Ride Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.climateride.org
Learn more at the official website: www.climateride.org
Mission Statement of Climate Ride Inc
Climate Ride Inc, a 501(c)(3) nonprofit organization, is dedicated to inspiring and mobilizing individuals to protect our planet through transformative experiences. This is achieved by organizing charitable biking, running, and hiking events, designed to raise awareness and support causes related to sustainability, active transportation, and the environment. By participating in these events, funds are raised and donated to numerous non-profit organizations across the United States that focus on environmental conservation, climate change, clean energy, active transportation, and sustainability. In 2022, these contributions were bolstered by a matching funds pledge of up to $2.5 million from the Algorand Foundation, underscoring the significance of Climate Ride Inc's efforts in driving positive change for our planet.
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Impact
June, 2024
Climate Ride Inc's impact is evident through its mobilization of people to protect our planet through life-changing adventures. By organizing charitable biking, running, and hiking events, they raise awareness and support sustainability, active transportation, and environmental causes. The Climate Ride Grant Program plays a crucial role in this mission, as contributions raised by participants in Climate Ride's events are donated to numerous nonprofit organizations throughout the United States working in areas such as the environment, climate change, clean energy, active transportation, and sustainability. The significant contributions made in 2022 were further amplified by a matching funds pledge of up to $2.5 million from the Algorand Foundation, demonstrating their commitment to making a real impact in the fight against climate change and promoting a healthier planet.
This information is meant to be a general summary of Climate Ride Inc. 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.
- Investment Income: $43,802
- Program Service Revenue: $112,962
- Gross Receipts: $5,475,748
Assets and Liabilities:
- Total Assets: $2,694,164
- Total Liabilities: $135,623
- Net Assets: $2,558,541
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER RIDE SERVICES
Revenue
$51,832
REGISTRATION FEES
Revenue
$61,130
Organization Details
Founding Year
2009
Phone
(406) 493-6315Principal Officer
Caeli Quinn
Main Address
111 N HIGGINS AVE 4TH FLOOR SUITE 4, MISSOULA, MT, 59802
Website
www.climateride.orgNTEE Category
Code: C60 - Environment
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