Civic Intelligence

Climate Ride Inc.

990 • Fiscal year 2023 • EIN 27-1777457

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

111 N Higgins Ave 4th Floor Suite 4Missoula, MT 59802

(406) 493-6315

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

39th percentile

0.07x

Higher debt load relative to assets than 39% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

26th percentile

0.05x

Higher debt load relative to revenue than 26% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

80th percentile

26%

Higher net margin than 80% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

33rd percentile

$87,500

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

91st percentile

56%

Faster asset growth than 91% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

34th percentile

-2.3%

Faster revenue growth than 34% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$4,212,893

Up $1,518,729 (+56%) from 2022

Net Assets

Up

$3,932,377

Up $1,373,836 (+54%) from 2022

Liabilities

Up

$280,516

Up $144,893 (+107%) from 2022

Revenue

Down

$5,350,471

Down $125,277 (-2.3%) from 2022

Expenses

Down

$3,976,635

Down $527,975 (-12%) from 2022

Net Income

Up

$1,373,836

Up $402,698 (+41%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2012: $64,753Liabilities 2012: $6,010Net Assets 2012: $58,7432012Assets 2017: $505,620Liabilities 2017: $126,975Net Assets 2017: $378,6452017Assets 2018: $753,990Liabilities 2018: $162,608Net Assets 2018: $591,3822018Assets 2021: $1,712,349Liabilities 2021: $124,946Net Assets 2021: $1,587,4032021Assets 2022: $2,694,164Liabilities 2022: $135,623Net Assets 2022: $2,558,5412022Assets 2023: $4,212,893Liabilities 2023: $280,516Net Assets 2023: $3,932,3772023Assets 2024: $4,268,790Liabilities 2024: $79,730Net Assets 2024: $4,189,0602024

Highlighted filing

2023

Assets$4,212,893
Liabilities$280,516
Net Assets$3,932,377

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0Expenses 2012: $943,5322012Revenue 2017: $1,852,142Expenses 2017: $1,710,845Net Income 2017: $141,2972017Revenue 2018: $1,918,606Expenses 2018: $1,705,869Net Income 2018: $212,7372018Revenue 2021: $1,301,047Expenses 2021: $1,086,331Net Income 2021: $214,7162021Revenue 2022: $5,475,748Expenses 2022: $4,504,610Net Income 2022: $971,1382022Revenue 2023: $5,350,471Expenses 2023: $3,976,635Net Income 2023: $1,373,8362023Revenue 2024: $2,131,587Expenses 2024: $1,874,904Net Income 2024: $256,6832024

Highlighted filing

2023

Revenue$5,350,471
Expenses$3,976,635
Net Income$1,373,836
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$5,832,524
Mission and Program Overview

Mission

The mission of climate ride is to inspire and empower citizens to work toward a new energy future. We use sport as a means to change lives and build an effective citizen-based sustainability movement.

Climate ride is a 501c3 nonprofit organization that mobilizes people to protect our planet through life-changing adventures. We organize charitable biking, running, and hiking events to raise awareness and support sustainability, active transportation, and environmental causes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,220,862$466,363▼ $754,499
Cash and Non-Interest-Bearing Accounts$1,407,142$271,697▼ $1,135,445
Prepaid Expenses and Deferred Charges$45,785$39,348▼ $6,437
Inventories for Sale or Use$20,375$22,500▲ $2,125
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Total Assets$2,694,164$4,212,893▲ $1,518,729
Other Assets Total-$3,412,985-
Liabilities
Deferred Revenue$122,733$263,200▲ $140,467
Accounts Payable and Accrued Expenses$12,890$17,316▲ $4,426
Total Liabilities$135,623$280,516▲ $144,893
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,446,917$3,820,753▲ $1,373,836
Net Assets With Donor Restrictions$111,624$111,624→ $0
Total Net Assets Fund Balance$2,558,541$3,932,377▲ $1,373,836
Total Liabilities and Net Assets / Fund Balance$2,694,164$4,212,893▲ $1,518,729
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Caeli QuinnExecutive DirectorFT$87,500$87,500

Board Members and Trustees

NameTitle
Roger SchwedChairman
Brendan GrayDirector
EVAN O'NEILDirector
Emma-louise AndersonDirector
Gary JustisDirector
Jim KusterDirector
John GrossmanDirector
Josh LaskyDirector
Juan BenitezDirector
Kim LarsonDirector
Lisa DrakeDirector
MATT O'GRADYDirector
Shamini DhanaDirector
Trina PetersonDirector
Mark WenzlerSecretary
Andrew LoewingerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,018,917
Program Service Revenue
$136,203
Investment Income
$188,359
Other Revenue
$6,992
All Other Contributions
$5,018,917
Change in Net Assets
$1,373,836

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,350,471
Total Revenue per Audited Statements
$5,350,471
Total Revenue per Form 990
$5,350,471
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,665,238
Other Expenses$924,934
Salaries, Compensation, and Employee Benefits$386,463
Total Fundraising Expense$56,836
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,665,238--$2,665,238
Other Salaries and Wages$202,037$30,290$9,045$241,372
Current Officers, Directors, Trustees, and Key Employees$43,750$26,250$17,500$87,500
Advertising$33,940--$33,940
Payroll Taxes$19,817$4,559$2,140$26,516
Other Employee Benefits$17,153$3,740$1,750$22,643
Fees for Services Accounting-$22,577-$22,577
Insurance-$14,585-$14,585
Other Expenses$8,691$40,005$25,642$8,691
Pension Plan Contributions$6,071$1,602$759$8,432
All Other Expenses$934$7,137-$8,071
Conferences and Meetings$5,471$336-$5,807
Occupancy-$5,754-$5,754
Fees for Services Other$4,613--$4,613
Office Expenses$2,369$1,545-$3,914
Travel-$48-$48
Total Functional Expenses$3,753,306$166,493$56,836$3,976,635

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,976,635
Total Expenses per Audited Statements$3,976,635
Total Expenses per Form 990$3,976,635
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Wild Tomorrow FundNew York, NY--$408,364
Glacier Nat Park ConservancyColumbia Falls, MT--$238,667
Marin County Bicycle CoaFairfax, CA--$149,817
United CharitableAshburn, VA--$149,195
Appalachian Mountain ClubBoston, MA--$116,990
Climate OneSan Francisco, CA--$115,037
CeresBoston, MA--$102,172
Rails to Trails ConservancyWashington, DC--$58,461
Free Cycles MissoulaMissoula, MT--$49,144
Friends of Rye Nature CenterRye, NY--$43,623
Wild FoundationBoulder, CO--$42,060
Climate Smart MissoulaMissoula, MT--$41,424
TransformOakland, CA--$35,569
National Parks ConservationWashington, DC--$32,926
Experience LearningCircleville, WY--$31,667
The Climate CenterSanta Rosa, CA--$30,470
Fams for a Livable ClimateMissoula, MT--$29,820
Los Angeles County BicyleCulver City, CA--$27,079
Bike East BayOakland, CA--$26,880
World Bicycle ReliefChicago, IL--$26,431
Chesapeake Climate NetworkTakoma Park, MD--$25,969
Citizens Climate LobbyCoronado, CA--$25,126
Streets for AllSacramento, CA--$25,011
Silicon Valley Bicycle CoaSan Jose, CA--$23,932
Yosemite ConservancySan Francisco, CA--$23,741
Urban TitheRichmond, CA--$22,084
Social Good FundRichmond, CA--$21,015
Tides CenterpoderSan Francisco, CA--$20,978
350orgBrooklyn, NY--$18,761
San Francisco Bicycle CoalSan Francisco, CA--$18,715
Tides CenterLos Angeles, CA--$18,618
Union of Concerned ScientistsCambridge, MA--$18,588
Sustainable WestchesterMount Kisco, NY--$16,949
Sierra Club ConnecticutOakland, CA--$16,932
SpokelandOakland, CA--$16,418
Harlem GrownNew York, NY--$15,368
Harlem GrownNew York, NY--$15,368
EarthjusticeSan Francisco, CA--$15,264
Wa Area Bicyclists AssocNw Washington, DC--$15,047
Action for the Climate EmerCharleston, MA--$15,033
The Nature ConservancyHelena, MT--$14,763
The Nature ConservancyHelena, MT--$14,763
American ForestsWashington, DC--$14,632
Resources L Egacy FundSacramento, CA--$14,405
Sonoma County Bicycle CoaSanta Rosa, CA--$13,618
Active San Gabriel ValleyEl Monte, CA--$13,495
California Mobility FundSacramento, CA--$13,113
Soil CycleMissoula, MT--$12,013
I Challenge MyselfNew York, NY--$11,910
Eco LogicSaint Charles, IL--$11,560
American Solar Energy SocietyBoulder, CO--$11,372
Vida Verde Nature EducationSan Gregorio, CA--$10,953
Bike East Bay for AlbanyAlbany, CA--$10,828
350 VermontBurlington, VT--$10,723
Sierra Club CaliforniaSacramento, CA--$10,401
SolarfestN Bennington, VT--$9,343
Natural Resources DefenceNew York, NY--$9,301
Walk San FranciscoSan Francisco, CA--$9,181
Players Philanthropy FundTowson, MD--$9,160
Okavango Community AidIndianapolis, IN--$9,091
Ie FoundationLos Angeles, CA--$8,798
West Michigan Enviro ActionGrand Rapids, MI--$8,480
1 for the Planet IncBurlington, VT--$8,434
SustainafestAnnapolis, MD--$7,920
Triangle Land ConservancyDunham, NC--$7,856
Illinois Green AllianceChicago, IL--$7,816
ActerraPalo Alto, CA--$7,795
Framing HopeSan Francisco, CA--$7,413
Bike PittsburghPittsburgh, PA--$7,365
San Diego Bicycle CoalitionSan Diego, CA--$7,345
Boston Cyclists UnionRoxbury, MA--$7,185
National Interscholastic CycOrinda, CA--$7,080
Cntr for Biological DiversityTuscon, AZ--$6,830
Sequoia Riverlands TrustVisalia, CA--$6,800
AspenOakland, CA--$6,625
Outward Bound CaliforniaBeaverton, OR--$6,611
Women of Renewable IndustriesBrooklyn, NY--$6,262
Glacier Nordic ClubWhitefish, MT--$6,222
Bob Marshall WildernessHungry Horse, MT--$6,144
Alliance for the Great LakesChicago, IL--$6,092
Invertabrate ConservationWashington, DC--$5,939
Bikes Not BombsJamaica Plain, MA--$5,796
GreenagersSouth Egremont, MA--$5,720
350 ColoradoBoulder, CO--$5,687
Coastal Rivers ConservationDamariscotta, ME--$5,536
Rainforest AllianceNew York, NY--$5,341
African Wildlife FoundationWashington, DC--$5,310
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The executive committee of the board of directors reviews before submitting to the irs. The final form 990 is subsequently provided to the full board.

Form 990, Part VI, Section B, Line 12C

All directors are periodically reminded and expected to disclose any potential or actual conflicts of interest that arise involving themselves or their affiliates during their tenure.

Form 990, Part VI, Section B, Line 15A

Compensation for the executive director is set by vote of the executive committee, and ultimately approved by the full board as part of the annual budget process.

Form 990, Part VI, Section B, Line 15B

Salary and wages are reviewed annually. Compensation for all employees are recommended by the executive director, subject to board review and approval as part of the annual budget process. All of the organization's staff, including its executive director and program manager, have individual salaries below the irs threshold.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Climate Ride Inc
EIN
27-1777457
Phone
4064936315
Address
111 N HIGGINS AVE 4TH FLOOR SUITE 4, MISSOULA, MT 59802

Signing Officer

Name
Caeli Quinn
Title
Executive Director
Signed
2024-11-13
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Mt
Voting Board Members
16
Independent Board Members
16
Employees
20
Volunteers
8

Preparer

Firm
Bookkeeping Aa
Address
860 N MERIDIAN RD UNIT A13, KALISPELL, MT 59901
Preparer
Carrie Clay
Phone
4062535827
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IRS990/MissionDesc0CLIMATE RIDE IS A 501C3 NONPROFIT ORGANIZATION THAT MOBILIZES PEOPLE TO PROTECT OUR PLANET THROUGH LIFE-CHANGING ADVENTURES. WE ORGANIZE CHARITABLE BIKING, RUNNING, AND HIKING EVENTS TO RAISE AWARENESS AND SUPPORT SUSTAINABILITY, ACTIVE TRANSPORTATION, AND ENVIRONMENTAL CAUSES.
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IRS990/ProgSrvcAccomActy2Grp/Desc0CR'S EVENTS PROGRAM: UNITES PEOPLE AND NONPROFITS TO INSPIRE ACTION AND MAKE PROTECTING THE PLANET A PHILANTHROPIC PRIORITY FOR EVERYONE. CR PLANS, IMPLEMENTS, AND SUPPORTS OUTDOOR ADVENTURE EVENTS AROUND THE US AND THE WORLD. IT SUPPORTS PARTICIPANTS IN DOING OUTREACH AND RAISING FUNDS FOR GRANTS. PROGRAMMATIC EXPENSES INCLUDE ENVIRONMENTAL EDUCATION, OUTREACH, AND PROVIDING SCHOLARSHIPS THAT INCREASE DIVERSITY AND INCLUSION. CLIMATE RIDE GROWTH FUND: THE FUND IS THE BENEFICIARY OF CERTAIN FUNDER EVENTS. THE FUND SUSTAINS PROGRAMMING AND PROMOTE CLIMATE RIDE'S LONG-TERM STABILITY AND ENVIRONMENTAL JUSTICE ACTION GRANTS. CONTRIBUTIONS TO THE FUND TOTALED $394,090.34 IN 2023, AND ARE RECORDED AS REVENUES AND NOT INCLUDED IN GRANTS.
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