Hope Ride Inc in Hope, Indiana (IN)

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Hope Ride Inc
Employer Identification Number (EIN)460954358
Name of OrganizationHope Ride Inc
In Care of NameCAROL ASHBROOK
Address15310 N Lake Shore Dr N, Hope, IN 47246
SubsectionCharitable Organization
Ruling Date04/2014
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$10,000 to $24,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$19,597
Amount of Income$115,856
Form 990 Revenue Amount$115,856
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Fund Raising and/or Fund Distribution


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Amount of income in 2012: $115,856 (it was $115,856 in 2013)
This organization: 

 $115,856
Other organizations performing similar types of work: 

 $67,593

Assets in 2012: $19,597 (it was $19,597 in 2013)
This organization: 

 $19,597
Other organizations performing similar types of work: 

 $38,144

Expenses in 2013: $117,788
This organization: 

 $117,788
Other organizations performing similar types of work: 

 $42,291

Income to expenses ratio in 2013: 1.0
Hope Ride Inc: 

 1.0
Other organizations performing similar types of work: 

 2.4

Grants share in income in 2013: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 98.6%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$115,856
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$115,856
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$117,788
Total net assets$19,597
Excess/Deficit for the year$-1,932
Net assets or fund balances at beginning of year$21,529
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$19,597
Balance Sheets
2013
Total assets$19,597
Total liabilities$0
Net assets or fund balances$19,597
Other Information
2013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$115,856
Subtotal$115,856
Gifts, grants, contributions, and membership fees received$115,856
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$0
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$115,856
Public support$115,856
Subtotal$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Southwest Childrens Swing For Life3911 E Chandler Blvd Pmb 123, Phoenix, AZ 85048AZ2007-03$75,238
2Foundation For Complex Healthcare Solutions Inc9465 Counselors Row Ste 200, Indianapolis, IN 46240IN2009-12$513,074
3Wilbert H Budd Charitable Ta 20-102201425480202 S Michigan St Trust Tax Dept, South Bend, IN 46601IN2009-04$147,638
4Hope Ride Inc15310 N Lake Shore Dr N, Hope, IN 47246IN2014-04$115,856
5Exchange Club Foundation Of Anderson IncPO BOX 2696, Anderson, IN 46018-2696IN2001-01$55,747
6Archie F And Betty L Ferguson Private Foundation IncPO BOX 112, Larwill, IN 46764-0112IN2015-02$50,001
7Lous Lads Foundation Inc30 S Meridian St Ste 600, Indianapolis, IN 46204-3573IN2009-05$27,414
8Kokomo Wings & Wheels Inc3216 Emerald Pl, Kokomo, IN 46902-5670IN2014-09$8,274
9Will Of Our Father Foundation Inc608 Woodbridge Ct, Middlebury, IN 46540-9578IN2006-08$1,200
10Shone Fam Foundation, Robert W & Cynthia M Shone Co Ttee8500 Keystone Xing Ste 555, Indianapolis, IN 46240-4396IN2014-09$1
11Alan R And Charlotte V Lewis Family Foundation5620 N Pennsylvania St, Indianapolis, IN 46220-3026IN2014-09$0
12Brides Revisited Inc15121 Honors Circle, Carmel, IN 46033IN2010-01$0
13Canoes For Causes Inc4192 W County Road 325 S, Logansport, IN 46947-6725IN2014-12$0
14Charitys Angels1310 N 300 E, Anderson, IN 46012IN2004-06$0
15Culver Beard Club12510 5a Rd, Plymouth, IN 46563IN2015-02$0
16East Central Indiana Festivals IncPO BOX 244, Winchester, IN 47394IN2010-07$0
17Hope Source Foundation7739 E 88th St, Indianapolis, IN 46256-1231IN2013-03$0
18Hunters Helping Hunters Inc1695 N Main Street, Auburn, IN 46706IN2004-09$0
19I U Dons IncP O Box 64622, Gary, IN 46401IN2013-06$0
20Indiana Federation Of Mothers Of Twins Club IncPo Box 50, Burrows, IN 46916IN2011-01$0
Number of organizations performing similar types of work
Alaska6
Alabama37
Arkansas10
Arizona53
California292
Colorado54
Connecticut35
District of Columbia9
Delaware8
Florida202
Georgia64
Hawaii12
Iowa13
Idaho18
Illinois86
Indiana36
Kansas18
Kentucky27
Louisiana33
Massachusetts74
Maryland46
Maine11
Michigan91
Minnesota32
Missouri41
Mississippi9
Montana10
North Carolina95
North Dakota4
Nebraska8
New Hampshire15
New Jersey93
New Mexico9
Nevada29
New York174
Ohio92
Oklahoma19
Oregon48
Pennsylvania109
Rhode Island20
South Carolina24
South Dakota8
Tennessee35
Texas195
Utah31
Virginia62
Vermont7
Washington54
Wisconsin40
West Virginia4
Wyoming6
International3
Total2,511

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