Civic Intelligence

Ride for Heroes Inc

EIN 84-1660716 • 501(c)3 • Aledo, TX

Profile

The Ride for Heroes Bicycle Rally Event is to provide a safe activity that allows the cities of Parker County the avenue of working together for the common good of its communities. The majority of the proceeds from this event are awarded to local non-profit groups and/or organizations that are deemed as heroes of East Parker County. General qualifications used are based on their non-profit services and contributions toward the quality of life within the community in which they exist - thus the name Ride for Heroes. The annual event also increases local awareness for the safer cycling environment.

PO Box 186Aledo, TX 76008

www.rideforheroes.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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

6th percentile

-253%

Higher net margin than 6% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

36th percentile

-12%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Revenue Growth

6th percentile

-92%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Assets

Down

$9,622

Down $2,807 (-23%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$9,622

Down $2,807 (-23%) from 2019

Revenue

Down

$300

Down $41,303 (-99%) from 2019

Expenses

Down

$1,058

Down $38,192 (-97%) from 2019

Net Income

Down

-$758

Down $3,111 (-132%) from 2019

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $4,179Net Assets 2011: $4,1792011Assets 2012: $2,962Net Assets 2012: $2,9622012Assets 2013: $45,849Liabilities 2013: $02013Assets 2014: $5,906Net Assets 2014: $5,9062014Assets 2015: $3,714Net Assets 2015: $3,7142015Assets 2016: $39,891Net Assets 2016: $39,8912016Assets 2017: $10,632Liabilities 2017: $02017Assets 2018: $10,076Net Assets 2018: $10,0762018Assets 2019: $12,429Net Assets 2019: $12,4292019Assets 2021: $9,622Net Assets 2021: $9,6222021

Highlighted filing

2021

Assets$9,622
Liabilities-
Net Assets$9,622

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $60,628Expenses 2011: $64,607Net Income 2011: -$3,9792011Revenue 2012: $69,288Expenses 2012: $70,505Net Income 2012: -$1,2172012Revenue 2013: $73,000Expenses 2013: $30,113Net Income 2013: $42,8872013Revenue 2014: $71,996Expenses 2014: $111,939Net Income 2014: -$39,9432014Revenue 2015: $64,007Expenses 2015: $66,199Net Income 2015: -$2,1922015Revenue 2016: $59,988Expenses 2016: $23,811Net Income 2016: $36,1772016Revenue 2017: $0Expenses 2017: $29,259Net Income 2017: -$29,2592017Revenue 2018: $0Expenses 2018: $556Net Income 2018: -$5562018Revenue 2019: $41,603Expenses 2019: $39,250Net Income 2019: $2,3532019Revenue 2021: $300Expenses 2021: $1,058Net Income 2021: -$7582021

Highlighted filing

2021

Revenue$300
Expenses$1,058
Net Income-$758

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Jan 12, 2022
Return Version
2020v4.0
Gross Receipts
$300
Mission and Program Overview

Mission

The Ride for Heroes Bicycle Rally Event is to provide a safe activity that allows the cities of Parker County the avenue of working together for the common good of its communities. The majority of the proceeds from this event are awarded to local non-profit groups and/or organizations that are deemed as heroes of East Parker County. General qualifications used are based on their non-profit services and contributions toward the quality of life within the community in which they exist - thus the name Ride for Heroes. The annual event also increases local awareness for the safer cycling environment.

Program Services

DescriptionGrantsExpenses
The Ride for Heroes Bicycle Rally Event is to provide a safe activity that allowsthe cities of Parker County the avenue of working together for the common good ofits communities. The majority of the proceeds from this event are to be awardedto local non-profit groups and/or organizations that are deemed as heroes of EastParker County. General qualifications to be used will be based on theirnon-profit services and contributions toward the quality of life within thecommunity in which they exist - thus the name Ride for Heroes. The event is toalso increase local awareness for the safer cycling environment.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dennis V ThompsonPresident-$0--
John ForrestVice President-$0--
Rick CampbellDirector-$0--
Martin TalleyTreasurer-$0--
Angela GoffDirector-$0--
Jorden WoodDirector-$0--
John HintonDirector-$0--
Ricky ParsonsDirector-$0--
Steve BarnesDirector-$0--
Susan SodekDirector-$0--
Filing and Contact Details

Filer

Filer Name
Ride for Heroes Inc
EIN
84-1660716
Phone
8174412994
Address
PO BOX 186, ALEDO, TX 76008

Signing Officer

Name
Dennis V Thompson
Title
President
Signed
2022-01-12
Discuss with paid preparer
Yes

Preparer

Firm
COBURN CHESSHER & WALKER CPAs PC
Address
3115 FORT WORTH HWY STE 100, WEATHERFORD, TX 76087
Preparer
Clayton D Coburn CPA
Phone
8176130384
Supplemental Narrative

Additional Explanations

Other Expenses.1009

Depreciation $1025

Other Assets.1003

Machinery and Equipment - Beginning $6367 Machinery and Equipment - Ending $5342

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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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