Civic Intelligence

Ride Out Lyme Inc

EIN 83-1743395 • 501(c)3 • Ayer, MA

Profile

The mission of the organization is focused on rasing funds for the research, affordable treatments and emotional support for patients affected by tick-borne illness by creating and fostering collaborative partnerships with philanthropic organizations in the lyme community.

32 E Main Street Apt 4Ayer, MA 01432

rideoutlyme.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$0

Down $18,581 (-100%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$0

Down $18,581 (-100%) from 2023

Revenue

Down

$0

Down $548 (-100%) from 2023

Expenses

Down

$18,581

Down $17,562 (-49%) from 2023

Net Income

Up

-$18,581

Up $17,014 (+48%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2018: $52,836Liabilities 2018: $02018Assets 2019: $21,539Liabilities 2019: $0Net Assets 2019: $21,5392019Assets 2020: $33,851Liabilities 2020: $0Net Assets 2020: $33,8512020Assets 2021: $46,412Liabilities 2021: $0Net Assets 2021: $46,4122021Assets 2022: $54,176Liabilities 2022: $0Net Assets 2022: $54,1762022Assets 2023: $18,581Liabilities 2023: $0Net Assets 2023: $18,5812023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2018: $75,100Expenses 2018: $22,264Net Income 2018: $52,8362018Revenue 2019: $218,689Expenses 2019: $199,986Net Income 2019: $18,7032019Revenue 2020: $118,785Expenses 2020: $106,473Net Income 2020: $12,3122020Revenue 2021: $44,894Expenses 2021: $32,333Net Income 2021: $12,5612021Revenue 2022: $27,988Expenses 2022: $20,224Net Income 2022: $7,7642022Revenue 2023: $548Expenses 2023: $36,143Net Income 2023: -$35,5952023Revenue 2024: $0Expenses 2024: $18,581Net Income 2024: -$18,5812024

Highlighted filing

2024

Revenue$0
Expenses$18,581
Net Income-$18,581

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jan 6, 2025
Return Version
2023v6.0
Gross Receipts
$0
Mission and Program Overview

Mission

The mission of the organization is focused on rasing funds for the research, affordable treatments and emotional support for patients affected by tick-borne illness by creating and fostering collaborative partnerships with philanthropic organizations in the lyme community.

Program Services

DescriptionGrantsExpenses
TO RAISE FUNDS TO DONATE TO OTHER LYME DISEASE RESEARCH ORGANIZATIONS--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRANDYNE DEANPresident & DirectorPT$0--
GARETT LARSONClerkPT$0--
ELIN LAMBTreasurerPT$0--
TOMMY FARNSWORTHDirectorPT$0--
SHARON LEGGIO-FALCHUCKVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Ride Out Lyme Inc (sy)
EIN
83-1743395
In Care Of
% ELIN LAMB
Address
32 E MAIN STREET APT 4, AYER, MA 01432

Signing Officer

Name
Elin Lamb
Title
Treasurer
Phone
6177426720
Signed
2025-01-06
Discuss with paid preparer
Yes

Preparer

Firm
Peck Associates Pc
Address
20 WALNUT STREET SUITE 210, WELLESLEY HILLS, MA 02481-2104
Preparer
Gary J Marini CPA
Phone
7812357517
Supplemental Narrative

Additional Explanations

Schedule O

Ride Out Lyme, Inc. (the "Organization") hereby informs the IRS that the Organization will be commencing a Grant Recipient Program on October 1, 2019. The Grant Recipient Program will make grants to eligible individuals to assist with the medical costs associated with treatments for Lyme disease and other tick-borne illnesses. Grant Details: Any individual over the age of twenty-six (26) who (i) has been diagnosed with Lyme disease or another tick-borne illness and (ii)can demonstrate a qualified financial need is eligible to apply for a grant. An applicant must be an active patient of a U.S.-based Lyme-literate M.D. or a qualified alternative practitioner such as a N.D. (Naturopathic Doctor). Grants will be awarded in incremental amounts up to $5,000. The grant recipient will need to reapply if there is a need for an additional grant. The lifetime maximum amount of a grant is $10,000 per individual or $15,000 per family. Grants may only be used to cover expenses relating to the treatment of Lyme disease and other tick-borne illnesses. Approved uses of the grant include medication, supplements, doctor visits, lab testing, and costs of alternative practitioners such as acupuncturists and chiropractors. Grants may not be used for past medical debt, food, rent, mortgage payment, or other living expenses.

Schedule O Cont

Application Procedure: The grants will be given out twice each year. Applications are due on February 1 and August 1 of each year, with grant notifications made on April 1 and October 1, respectively. The first grant deadline was be February 1, 2022. To apply, applicants must complete the "Ride Out For Lyme Grant Application" that will be available on www.rideoutlyme.org. The applicant will be required to provide a letter from his or her physician, which must confirm the applicant's diagnosis and provide a brief patient case history. In addition, to demonstrate a qualified financial need, an applicant is required to provide proof of salary, household income, and a statement of financial need. The statement of financial need should include, but not limited to, information about costs of previous treatments, amount of any existing medical debt, and a narrative of existing financial hardship and any other pertinent information. Organization's Record-Keeping: Once a grant has been awarded, the Organization will require the applicant to provide receipts of all medical expenses paid for by the grant. The Organization will maintain a record of all grant recipients, including their contact information, amount and date of grant distributions, and receipts of medical expenses paid for by the grants. The record for each grant recipient will also include a Patient Progress Report, which will provide a brief summary of each recipient's treatment plan and progress (as reported by the patient regarding the changes in his or her symptoms and ability to resume work and/or school).

Form 990EZ Part I Line 16

Description:BANK FEES Amount:998

Form 990EZ Part I Line 16

Description:OFFICE EXPENSE Amount:1272

Form 990EZ Part I Line 16

Description:FILING FEES Amount:140

Raw XML Appendix165 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TOMMY FARNSWORTH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SHARON LEGGIO-FALCHUCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
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IRS990EZ/OtherExpensesTotalAmt02410
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE ORGANIZATION IS FOCUSED ON RASING FUNDS FOR THE RESEARCH, AFFORDABLE TREATMENTS AND EMOTIONAL SUPPORT FOR PATIENTS AFFECTED BY TICK-BORNE ILLNESS BY CREATING AND FOSTERING COLLABORATIVE PARTNERSHIPS WITH PHILANTHROPIC ORGANIZATIONS IN THE LYME COMMUNITY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Ride Out Lyme, Inc. (the "Organization") hereby informs the IRS that the Organization will be commencing a Grant Recipient Program on October 1, 2019. The Grant Recipient Program will make grants to eligible individuals to assist with the medical costs associated with treatments for Lyme disease and other tick-borne illnesses. Grant Details: Any individual over the age of twenty-six (26) who (i) has been diagnosed with Lyme disease or another tick-borne illness and (ii)can demonstrate a qualified financial need is eligible to apply for a grant. An applicant must be an active patient of a U.S.-based Lyme-literate M.D. or a qualified alternative practitioner such as a N.D. (Naturopathic Doctor). Grants will be awarded in incremental amounts up to $5,000. The grant recipient will need to reapply if there is a need for an additional grant. The lifetime maximum amount of a grant is $10,000 per individual or $15,000 per family. Grants may only be used to cover expenses relating to the treatment of Lyme disease and other tick-borne illnesses. Approved uses of the grant include medication, supplements, doctor visits, lab testing, and costs of alternative practitioners such as acupuncturists and chiropractors. Grants may not be used for past medical debt, food, rent, mortgage payment, or other living expenses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Application Procedure: The grants will be given out twice each year. Applications are due on February 1 and August 1 of each year, with grant notifications made on April 1 and October 1, respectively. The first grant deadline was be February 1, 2022. To apply, applicants must complete the "Ride Out For Lyme Grant Application" that will be available on www.rideoutlyme.org. The applicant will be required to provide a letter from his or her physician, which must confirm the applicant's diagnosis and provide a brief patient case history. In addition, to demonstrate a qualified financial need, an applicant is required to provide proof of salary, household income, and a statement of financial need. The statement of financial need should include, but not limited to, information about costs of previous treatments, amount of any existing medical debt, and a narrative of existing financial hardship and any other pertinent information. Organization's Record-Keeping: Once a grant has been awarded, the Organization will require the applicant to provide receipts of all medical expenses paid for by the grant. The Organization will maintain a record of all grant recipients, including their contact information, amount and date of grant distributions, and receipts of medical expenses paid for by the grants. The record for each grant recipient will also include a Patient Progress Report, which will provide a brief summary of each recipient's treatment plan and progress (as reported by the patient regarding the changes in his or her symptoms and ability to resume work and/or school).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:BANK FEES Amount:998
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:OFFICE EXPENSE Amount:1272
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description:FILING FEES Amount:140
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE O
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE O CONT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990EZ PART I LINE 16
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ELIN LAMB
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06177426720
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIDE OUT LYME INC (SY)
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O THOMAS FARNSWORTH
ReturnHeader/Filer/BusinessNameControlTxt0RIDE
ReturnHeader/Filer/EIN0831743395
ReturnHeader/Filer/InCareOfNm0% ELIN LAMB
ReturnHeader/Filer/USAddress/AddressLine1Txt032 E MAIN STREET APT 4
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PECK ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020 WALNUT STREET SUITE 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WELLESLEY HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0024812104
ReturnHeader/PreparerPersonGrp/PhoneNum07812357517
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARY J MARINI CPA
ReturnHeader/ReturnTs02025-01-12T18:07:44-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-08-30
ReturnHeader/TaxYr02023

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