Overview
What is Ride Solution Inc?
Ride Solution Inc is a nonprofit organization established to cater to the transportation needs of individuals categorized as "transportation disadvantaged." Its mission is to offer reliable and affordable transportation services, enabling these individuals to access essential facilities such as healthcare, education, employment, shopping, and various other activities within their service area. The corporation's aim is to ensure that transportation barriers do not hinder the daily lives of these individuals, thereby enhancing their overall well-being and quality of life.
Official website here: www.ridesolution.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Ride Solution Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization achieved a perfect score in various governance areas, including having a fully independent board and effective financial oversight. This high rating indicates that donors can trust Ride Solution Inc to utilize funds effectively and responsibly.
The charity's fiscal management is particularly noteworthy, with 85.63% of expenses allocated directly to programs. This demonstrates a dedicated focus on fulfilling its mission rather than on administrative costs. Additionally, the organization has implemented robust policies for conflict of interest and whistleblower protections, ensuring ethical operations and safeguarding stakeholders' interests.
While the overall rating is exemplary, no specific limitations were noted in the data provided. The strong governance framework and financial ratios further solidify Ride Solution Inc's reputation as a reliable nonprofit committed to transparency and efficiency in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Ride Solution Inc legitimate?
Ride Solution Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ride Solution 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,097,592
For more financial information, click here
Official website here: www.ridesolution.org
What is the mission statement of Ride Solution Inc?
Ride Solution Inc was established with the mission to offer reliable and affordable transportation services to individuals residing within its service area. The primary objective of this organization is to provide transportation to disadvantaged individuals, enabling them to access essential services such as healthcare, education, employment, shopping, and various other activities. By doing so, Ride Solution Inc aims to contribute positively to the well-being and opportunities of these individuals. The corporation was specifically formed to cater to the transportation needs of individuals classified as "transportation disadvantaged."
Official website here: www.ridesolution.org
What is the revenue of Ride Solution Inc?
Ride Solution Inc's revenue in 2024 was $2,131,417.
Official website here: www.ridesolution.org
Who are the executives of Ride Solution Inc and what are their salaries?
The average compensation at Ride Solution Inc during 2024 was $36,586. There are 30 employees and 9 volunteers at Ride Solution Inc.
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Official website here: www.ridesolution.org
Where can I find the form 990 for Ride Solution Inc?
Ride Solution Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ridesolution.org
Learn more at the official website: www.ridesolution.org
Mission Statement of Ride Solution Inc
Ride Solution Inc, a nonprofit organization, was established with a mission to provide dependable and affordable transportation services to individuals residing within its service area. This mission is focused on a specific group of individuals classified as "transportation disadvantaged." The primary objective of Ride Solution Inc is to extend transportation services to this group, thereby enabling them to access essential amenities such as healthcare, education, employment, shopping, and various other activities. By doing so, the organization aims to empower these individuals and enhance their quality of life.
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Impact
July, 2024
Ride Solution Inc's impact lies in its mission to provide dependable and affordable transportation services to individuals classified as "transportation disadvantaged." By offering transportation to disadvantaged individuals in Palatka, FL, the organization enables them to access crucial services such as healthcare, education, employment, shopping, and other activities. Through its work, Ride Solution Inc helps improve the quality of life for those who may otherwise struggle to access essential resources and opportunities.
This information is meant to be a general summary of Ride Solution 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 2024.
- Investment Income: $2,343
- Program Service Revenue: $171,402
- Gross Receipts: $2,131,417
Assets and Liabilities:
- Total Assets: $3,947,125
- Total Liabilities: $164,566
- Net Assets: $3,782,559
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE CONTRACT REVENUE
Revenue
$147,423
FAIR BOX REVENUES
Revenue
$18,538
OTHER INCOME
Revenue
$5,441
Organization Details
Founding Year
1984
Principal Officer
Boyd Thompson
Website
www.ridesolution.orgNTEE Category
Code: P52 - Human services
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