Overview
What is Ride Share Austin?
Ride Share Austin is a trailblazing nonprofit ride-sharing company based in Austin, Texas. Established in 2016, Ride Share Austin distinguishes itself as the world's first such organization. It offers competitively priced rideshare services, prioritizing accessibility and equity within the community. The company's unique "Round Up" feature allows riders to contribute a portion of their fare to local charities, raising over $440,000 since inception, as per the 2022 fiscal year. Alongside this, Ride Share Austin partners with local organizations to offer free rides to underserved communities. Donations and ride fares fund the maintenance of the organization's expensive infrastructure, supporting its community programs. Despite suspending operations during the COVID-19 pandemic in 2020, Ride Share Austin's commitment to supporting other community charities remains unwavering.
Official website here: www.rideaustin.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Ride Share Austin has achieved a solid Three-Star rating from Charity Navigator, reflecting a 79% overall score. This rating indicates a commendable level of accountability and financial health, with notable strengths in governance, including a fully independent board and no material diversion of assets. The organization also demonstrates a strong commitment to utilizing its resources effectively, as evidenced by a program expense ratio of 95.92%.
However, there are some areas for improvement highlighted in the rating. The charity is noted for lacking key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These gaps in governance policies could pose risks to organizational integrity and transparency in the long run.
Overall, while Ride Share Austin shows strong performance in financial management and board independence, addressing the noted policy deficiencies would enhance its accountability and strengthen stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Ride Share Austin legitimate?
Ride Share Austin is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ride Share Austin 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.rideaustin.com
What is the mission statement of Ride Share Austin?
Ride Share Austin, as a community-driven nonprofit rideshare company, was established with the belief that transportation should be accessible to all. Its founders and supporters believe that ridesharing through mobile networks can contribute to increased mobility and equity. Ride Share Austin actively supports various community charities directly through its application and independently through grant-making. The company encourages its riders to round up their fares and make direct contributions to their preferred local charities via the Ride Share Austin mobile application. Through this feature, Ride Share Austin has raised over $440,000 for local charities since its inception. In addition, the company offers free rides to low-income and underserved communities in partnership with local organizations. However, due to safety concerns related to the COVID-19 pandemic, Ride Share Austin temporarily suspended its operations in March 2020 and remained inactive throughout 2022.
Official website here: www.rideaustin.com
Who is the CEO of Ride Share Austin?
Andrew S Price is the Director of Ride Share Austin.
Official website here: www.rideaustin.com
What is the revenue of Ride Share Austin?
Ride Share Austin's revenue in 2022 was $0.
Official website here: www.rideaustin.com
Who are the executives of Ride Share Austin and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rideaustin.com
Where can I find the form 990 for Ride Share Austin?
Ride Share Austin's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rideaustin.com
Learn more at the official website: www.rideaustin.com
Mission Statement of Ride Share Austin
Ride Share Austin, a pioneering nonprofit rideshare company, was established with the mission to make transportation accessible and equitable for everyone in the community. The founders and community supporters of Ride Share Austin believe that ridesharing, facilitated through mobile networks, can significantly enhance mobility and equity.
The organization's unique approach includes a feature called "Round Up," which allows riders to donate a small percentage of their fare to local charities. This initiative has raised over $440,000 since its inception, contributing significantly to the costs of the organization's community programs. In addition to this feature, Ride Share Austin partners with local organizations to provide free rides to underprivileged and underserved communities.
Ride Share Austin's mission is not limited to its ridesharing services. The organization also supports various community charities directly through its transportation network application and independently through select grant-making initiatives. This multi-faceted approach allows Ride Share Austin to actively contribute to the betterment of its community beyond just providing transportation services.
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Impact
October, 2024
Ride Share Austin has made a significant impact on the local community by enhancing accessibility and promoting equity in transportation. As the world’s first ride-sharing company designed to benefit the Austin community, Ride Austin offers competitively priced rides while also prioritizing social responsibility through its unique "Round Up" feature. This initiative allows riders to donate a percentage of their fare to local charities, contributing to a greater sense of community support and engagement.
Since its launch in 2016, this program has raised over $440,000 for more than 55 local charities, showcasing the power of collective giving. The funds generated through the "Round Up" feature are directed toward a diverse array of charitable initiatives, illustrating Ride Austin’s commitment to supporting local causes and helping those in need. Additionally, by partnering with local organizations, Ride Austin has provided free rides to low-income and underserved communities, further enhancing access to vital services and opportunities.
The organization’s collaborative approach underscores its belief that transportation should be accessible to everyone, promoting greater mobility and equity within the city. Through its innovative ride-sharing platform, Ride Share Austin demonstrates how transportation solutions can simultaneously address community needs and foster charitable contributions, reinforcing its role as a valuable asset in the Austin area.
This information is meant to be a general summary of Ride Share Austin. 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.
Assets and Liabilities:
- Total Assets: $5,031,362
- Total Liabilities: $4,613
- Net Assets: $5,026,749
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Organization Details
Founding Year
2016
Phone
(512) 387-2468Principal Officer
Andrew S Price
Main Address
2028 E BEN WHITE BLVD STE 240-26, AUSTIN, TX, 78741
Website
www.rideaustin.comNTEE Category
Code: P52 - Human services
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