Charity Search / READ TO RIDE INC
Youth Development (O50) 990 on File

READ TO RIDE INC

EIN: 27-0897018 · NORWICH, CT 06360-1566 · United States · FY 2025 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 86/100
Reliability (20%) 50/100
Effectiveness (25%) 56/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$20K
Total Revenue
$33K
Total Expenses
$15K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 89.0%
Fundraising Efficiency N/A
Operating Reserve 5.59x
Liability-to-Asset 0.0%
Revenue Diversification 97.7%
Compared with Peers
FY 2025
Compared with 2,238 similar organizations (United States, Youth Development, under $100K in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
89.0% 85.0%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
11.0% 6.2%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
5.6 mo 11.6 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
97.7% 98.5%
P10P90
Above median
Surplus margin
Surplus as a share of revenue
-60.3% 8.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $20K $33K $15K 89.0% 0
2023 $1K $9K $27K 89.9% 0
2022 $11K $4K $35K 4.7% 0
2021 $31 $4K N/A 0
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Organization Details
EIN
27-0897018
State
CT
City
NORWICH
ZIP
06360-1566
Classification
O50
Category
Youth Development
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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