The Pink Ride Inc

Don't Delay Get Them Checked Today

Virginia Beach, VA | www.thepinkride.org

GuideStar Charity Check

The Pink Ride Inc

EIN: 80-0693021

Contributions tax deductible
as of August 2024

IRS BMF 509(a)(1)
as of August 12, 2024

View summary

Charity Check report

Mission

Founded in 2009, the Pink Ride brings together motorcyclists from the community to help local women battling breast cancer. The Pink Ride continues to grow each year and accompanying that growth, the funds raised also continue to grow. In addition to the ride, other Pink Ride fundraisers include golf tournament The Pink Ride Endowment Fund provides financial assistance for local breast cancer patients who are uninsured or under-insured, with a focus on assistance with medical bills, including biopsies and treatment. The Pink Ride is 100% volunteer-based.

Ruling year info

2016

Principal Officer

Mr Buddy F Cummings

Main address

104 Aragona Boulevard Suite 101

Virginia Beach, VA 23462 USA

Show more contact info

EIN

80-0693021

Subject area info

Health

Unknown or not classified

Population served info

Low-income people

Women and girls

Economically disadvantaged people

NTEE code info

Unknown (Z99)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Breast Cancer is down in America by over 40% in the past five years. The reason is early detection. Getting mammograms is really the Key

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

3D Mammogram Mobile Bus

We provide free 3D mammograms on a mobile bus five times each year. We pay the cost for ladies that are under insured or have no insurance.

Population(s) Served

Women and girls

Economically disadvantaged people

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Evaluation documents

Number of women counseled about mammograms

Totals By Year

Population(s) Served

Related Program

3D Mammogram Mobile Bus

Type of Metric

Context - describing the issue we work on

Direction of Success

Increasing

Context Notes

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Reports and documents

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

What is the organization aiming to accomplish?

We are working very hard to raise all the funds we can to provide more funding to increase our free 3D mammogram program.

What are the organization's key strategies for making this happen?

The more fundraising we can do allows us to bring more attention to Breast Cancer Awareness.

What are the organization's capabilities for doing this?

Our capabilities are endless due to our volunteer network.

What have they accomplished so far and what's next?

The progress is going well, we have added more dates to our mammogram program brining our 2024 total to 10 locations

Financials

The Pink Ride Inc

Fiscal year: Jan 01 - Dec 31

Financial documents

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023

SOURCE: IRS Form 990

0.00

Average of 0.00 over 10 years

Months of cash in 2023

SOURCE: IRS Form 990

6.8

Average of 2.1 over 10 years

Fringe rate in 2023

SOURCE: IRS Form 990

0%

Average of 0% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

The Pink Ride Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$43,108
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$43,108

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$4,829
Printing, Publications, Postage, etc.	$4,346
Other Expenses	$45,482
Total Expenses	$54,657
Net Gain/Loss	($11,549)

Revenue
Contributions	$32,234
Program Services	$0
Investments	$0
Special Events	$2,287
Sales	$0
Other	$0
Total Revenue	$34,521

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$4,583
Printing, Publications, Postage, etc.	$955
Other Expenses	$27,437
Total Expenses	$32,975
Net Gain/Loss	$1,546

Revenue
Contributions	$11,720
Program Services	$0
Investments	$0
Special Events	$37,507
Sales	$0
Other	$0
Total Revenue	$49,227

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$4,258
Printing, Publications, Postage, etc.	$699
Other Expenses	$31,425
Total Expenses	$36,382
Net Gain/Loss	$12,845

Revenue
Contributions	$5,853
Program Services	$0
Investments	$0
Special Events	$48,776
Sales	$0
Other	$0
Total Revenue	$54,629

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$1,000
Occupancy	$5,441
Printing, Publications, Postage, etc.	$685
Other Expenses	$30,321
Total Expenses	$37,447
Net Gain/Loss	$17,182

Revenue
Contributions	$1,483
Program Services	$0
Investments	$0
Special Events	$66,681
Sales	$0
Other	$0
Total Revenue	$68,164

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$250
Occupancy	$0
Printing, Publications, Postage, etc.	$34
Other Expenses	$32,762
Total Expenses	$33,046
Net Gain/Loss	$35,118

Revenue
Contributions	$1,629
Program Services	$0
Investments	$681
Special Events	$47,349
Sales	$3,356
Other	$0
Total Revenue	$53,015

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$628
Occupancy	$0
Printing, Publications, Postage, etc.	$0
Other Expenses	$44,067
Total Expenses	$44,695
Net Gain/Loss	$8,320

Revenue
Contributions	$5,270
Program Services	$0
Investments	$33,384
Special Events	$46,341
Sales	($3,331)
Other	$0
Total Revenue	$81,664

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$1,090
Occupancy	$1,304
Printing, Publications, Postage, etc.	$0
Other Expenses	$32,001
Total Expenses	$34,395
Net Gain/Loss	$47,269

Revenue
Contributions	$32,191
Government Grants	$0
Program Services	$0
Investments	$19,390
Special Events	$75,446
Sales	$0
Other	$0
Total Revenue	$127,027

Expenses
Program Services	$70,470
Administration	$0
Fundraising	$0
Total Expenses	$70,470
Net Gain/Loss	$56,557

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$1,216
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$8,635
Government Grants	$0
Program Services	$0
Investments	($22,879)
Special Events	$73,336
Sales	$0
Other	$0
Total Revenue	$59,092

Expenses
Program Services	$77,531
Administration	$0
Fundraising	$0
Total Expenses	$77,531
Net Gain/Loss	($18,439)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$1,263
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$7,903
Government Grants	$0
Program Services	$0
Investments	$21,982
Special Events	$28,643
Sales	$0
Other	$0
Total Revenue	$58,528

Expenses
Program Services	$47,971
Administration	$0
Fundraising	$0
Total Expenses	$47,971
Net Gain/Loss	$10,557

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$1,366
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

The Pink Ride Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2014	Dec 31, 2014	Change
Contributions	$43,108
Cash & Equivalents	$15,562	$4,013	($11,549)
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$15,562	$4,013	($11,549)

Liabilities	Jan 01, 2014	Dec 31, 2014	Change
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2014	Dec 31, 2014	Change
Net Assets	$15,562	$4,013	($11,549)

Assets	Jan 01, 2015	Dec 31, 2015	Change
Contributions	$32,234
Cash & Equivalents	$4,013	$5,559	$1,546
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$4,013	$5,559	$1,546

Liabilities	Jan 01, 2015	Dec 31, 2015	Change
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2015	Dec 31, 2015	Change
Net Assets	$4,013	$5,559	$1,546

Assets	Jan 01, 2016	Dec 31, 2016	Change
Contributions	$11,720
Cash & Equivalents	$5,559	$18,404	$12,845
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$5,559	$18,404	$12,845

Liabilities	Jan 01, 2016	Dec 31, 2016	Change
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2016	Dec 31, 2016	Change
Net Assets	$5,559	$18,404	$12,845

Assets	Jan 01, 2017	Dec 31, 2017	Change
Contributions	$5,853
Cash & Equivalents	$18,404	$35,586	$17,182
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$18,404	$35,586	$17,182

Liabilities	Jan 01, 2017	Dec 31, 2017	Change
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2017	Dec 31, 2017	Change
Net Assets	$18,404	$35,586	$17,182

Assets	Jan 01, 2018	Dec 31, 2018	Change
Contributions	$1,483
Cash & Equivalents	$35,586	$68,139	$32,553
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$2,565	$2,565
Total Assets	$35,586	$70,704	$35,118

Liabilities	Jan 01, 2018	Dec 31, 2018	Change
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2018	Dec 31, 2018	Change
Net Assets	$35,586	$70,704	$35,118

Assets	Jan 01, 2019	Dec 31, 2019	Change
Contributions	$1,629
Cash & Equivalents	$68,140	$65,083	($3,057)
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$2,565	$13,942	$11,377
Total Assets	$70,705	$79,025	$8,320

Liabilities	Jan 01, 2019	Dec 31, 2019	Change
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2019	Dec 31, 2019	Change
Net Assets	$70,705	$79,025	$8,320

Assets	Jan 01, 2020	Dec 31, 2020	Change
Contributions	$5,270
Cash & Equivalents	$65,083	$122,652	$57,569
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$13,942	$3,642	($10,300)
Total Assets	$79,025	$126,294	$47,269

Liabilities	Jan 01, 2020	Dec 31, 2020	Change
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2020	Dec 31, 2020	Change
Net Assets	$79,025	$126,294	$47,269

Assets	Jan 01, 2021	Dec 31, 2021	Change
Contributions	$32,191
Cash & Equivalents	$9,670	$49,013	$39,343
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$112,982	$131,146	$18,164
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$3,642	$2,692	($950)
Other	$0	$0	$0
Total Assets	$126,294	$182,851	$56,557

Liabilities	Jan 01, 2021	Dec 31, 2021	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2021	Dec 31, 2021	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$126,294	$182,851	$56,557
Net Assets	$126,294	$182,851	$56,557

Assets	Jan 01, 2022	Dec 31, 2022	Change
Contributions	$8,635
Cash & Equivalents	$49,013	$35,671	($13,342)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$131,146	$126,999	($4,147)
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$2,692	$1,742	($950)
Other	$0	$0	$0
Total Assets	$182,851	$164,412	($18,439)

Liabilities	Jan 01, 2022	Dec 31, 2022	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2022	Dec 31, 2022	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$182,851	$164,412	($18,439)
Net Assets	$182,851	$164,412	($18,439)

The Pink Ride Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of The Pink Ride Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2021	2022	2023
Unrestricted surplus (deficit) before depreciation	$57,507	-$17,489	$11,507
As % of expenses	82.7%	-22.8%	24.5%
Unrestricted surplus (deficit) after depreciation	$56,557	-$18,439	$10,557
As % of expenses	80.3%	-23.8%	22.0%

Revenue composition
Total revenue (unrestricted & restricted)	$127,027	$59,092	$58,528
Total revenue, % change over prior year	0.0%	-53.5%	-1.0%
Program services revenue	0.0%	0.0%	0.0%
Membership dues	0.0%	0.0%	0.0%
Investment income	-13.9%	-26.9%	32.5%
Government grants	0.0%	0.0%	0.0%
All other grants and contributions	84.7%	138.7%	62.4%
Other revenue	29.2%	-11.8%	5.1%

Expense composition
Total expenses before depreciation	$69,520	$76,581	$47,021
Total expenses, % change over prior year	0.0%	10.2%	-38.6%
Personnel	0.0%	0.0%	0.0%
Professional fees	1.7%	1.6%	2.9%
Occupancy	0.0%	0.0%	0.0%
Interest	0.0%	0.0%	0.0%
Pass-through	0.0%	0.0%	0.0%
All other expenses	98.3%	98.4%	97.1%

Full cost components (estimated)	2021	2022	2023
Total expenses (after depreciation)	$70,470	$77,531	$47,971
One month of savings	$5,793	$6,382	$3,918
Debt principal payment	$0	$0	$0
Fixed asset additions	$0	$0	$0
Total full costs (estimated)	$76,263	$83,913	$51,889

Capital structure indicators

Liquidity	2021	2022	2023
Months of cash	8.5	5.6	6.8
Months of cash and investments	31.1	25.5	44.5
Months of estimated liquid unrestricted net assets	31.1	25.5	44.5

Balance sheet composition	2021	2022	2023
Cash	$49,013	$35,671	$26,558
Investments	$131,146	$126,999	$147,619
Receivables	$0	$0	$0
Gross land, buildings, equipment (LBE)	$9,500	$4,750	$4,750
Accumulated depreciation (as a % of LBE)	71.7%	63.3%	83.3%
Liabilities (as a % of assets)	0.0%	0.0%	0.0%
Unrestricted net assets	$182,851	$164,412	$174,969
Temporarily restricted net assets	N/A	N/A	N/A
Permanently restricted net assets	N/A	N/A	N/A
Total restricted net assets	$0	$0	$0
Total net assets	$182,851	$164,412	$174,969

Key data checks

Key data checks	2021	2022	2023
Material data errors	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination is not available for this organization

Form 1023/1024 is not available for this organization

Principal Officer

Mr Buddy F Cummings

Buddy has been involved in several charity organizations for years. He has been involved with The Pink Ride in one way or another for the most part of eight years.

Number of employees

Source: IRS Form 990

The Pink Ride Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

The Pink Ride Inc

Board of directors
as of 05/12/2024

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Mr Buddy Cummings

Virginia Beach Graphics Inc

Term: 2018 - 2027

The Pink Ride Inc

Don't Delay Get Them Checked Today

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

Our programs

3D Mammogram Mobile Bus

Where we work

Our results

Evaluation documents

Number of women counseled about mammograms

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

Our Sustainable Development Goals

Goals & Strategy

Reports and documents

Charting impact

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

What have they accomplished so far and what's next?

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2023 info

0.00

Months of cash in 2023 info

6.8

Fringe rate in 2023 info

0%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

The Pink Ride Inc

The Pink Ride Inc

The Pink Ride Inc

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Principal Officer

Mr Buddy F Cummings

Number of employees

The Pink Ride Inc

Compensation data

The Pink Ride Inc

Board of directors data

Mr Buddy Cummings

Liquidity in 2023

Months of cash in 2023

Fringe rate in 2023

Funding sources

Assets & liabilities