Ride With Faith Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 166,949 | 164,770 | 2,179 | 1.4 | — |
| 2021 | 192,916 | 213,046 | −20,130 | -0.0 | — |
| 2022 | 178,870 | 218,924 | −40,054 | -2.2 | — |
| 2023 | 196,784 | 376,150 | −179,366 | -7.0 | — |
In its most recent public year (2023), this organization spent $179,366 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7 months), down from 1.4 in 2020.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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