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Nonprofiteer
← FREEDOM RIDE INC

Form 990 for tax year 2025

Filed by FREEDOM RIDE INC.

Totals

Total revenue
$1,007,130
Total expenses
$578,684
Contributions and grants received
$791,182
Grants paid
$0
Program service revenue
$88,989
Investment income
$16,848
Other revenue
$110,111
Total assets, end of year
$3,288,730
Total liabilities, end of year
$1,038,355
Net assets or fund balances, end of year
$2,250,375
Program services expenses (Part IX)
$520,544
Management and general expenses
$56,446
Fundraising expenses
$1,694
Program service expenses (Part III)
$520,544

Program services were 90.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $37,461

  • 1e · Government grants (contributions)

    $91,797

  • 1f · All other contributions, gifts and grants

    $661,924

  • 2a · Program service revenue: Participant Fees

    total $88,989 · related or exempt $88,989

  • 3 · Investment income

    total $16,848 · related or exempt $16,848

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $132,541

  • 8a · Fundraising events: contributions included on line 1c

    $37,461

  • 8b · Fundraising events: direct expenses

    $64,947

  • 8c · Net income from fundraising events

    total $67,594

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Miscellaneous Income

    total $42,517 · related or exempt $42,517

  • 11e · Other revenue, total

    $42,517

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $235,798 · program services $205,484 · management and general $28,833 · fundraising $1,481

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $76 · program services $76

  • 10 · Payroll taxes

    total $17,183 · program services $14,382 · management and general $2,801

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $5,750 · management and general $5,750

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $7,435 · program services $2,231 · management and general $5,204

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $21,131 · program services $20,087 · management and general $1,044

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $65,335 · program services $65,335

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $54,655 · program services $54,655

  • 23 · Insurance

    total $25,653 · program services $24,398 · management and general $1,255

  • 24a · Other expenses: Horse Care, Food, Facilities

    total $121,758 · program services $121,758

  • 24b · Other expenses: Other Miscellaneous Expenses

    total $19,889 · program services $11,198 · management and general $8,478 · fundraising $213

  • 24c · Other expenses: Licenses and Permits

    total $3,081 · management and general $3,081

  • 24d · Other expenses: Horse and Rider Supplies

    total $940 · program services $940

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $190,413 · end of year $273,473

  • 2 · Savings and temporary cash investments

    beginning of year $378,544 · end of year $653,839

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $6,477

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $2,629,689

  • 10b · Land, buildings and equipment: accumulated depreciation

    $274,750

  • 10c · Land, buildings and equipment, net

    beginning of year $2,391,255 · end of year $2,354,939

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $2

  • 17 · Accounts payable and accrued expenses

    beginning of year $470

  • 19 · Deferred revenue

    beginning of year $1,565 · end of year $6,475

  • 23 · Secured mortgages and notes payable

    beginning of year $1,136,247 · end of year $1,031,880

  • 27 · Net assets without donor restrictions

    beginning of year $1,645,537 · end of year $2,250,375

  • 28 · Net assets with donor restrictions

    beginning of year $176,393

Mission and programs · 2025

Mission

To enrich the lives and experiences of children and adults with disabilities in the Central Florida area through therapeutic horseback riding and related activities.

  • Founded in 1998 with one horse and one rider, Freedom Ride has grown a PATH International Member Centers and a leading provider of equine-assisted services in the Orange, Osceola, and Seminole counties metropolitan area. Today, Freedom Ride operates from its 25-acre farm with a dedicated team of 12 staff members, a herd of 12 therapy horses, and an extensive volunteer network that helps make its mission possible. During 2025, Freedom Rides Therapeutic Horseback Riding Program served 90 children and adults with disabilities, providing 2,160 individual riding sessions. These individualized lessons helped participants improve balance, strength, coordination, confidence, and independence while benefiting from the unique bond between horse and rider. Freedom Rides Equine-Assisted Wellness Program served 390 individuals experiencing challenges such as anxiety, depression, substance abuse recovery, trauma, and other difficult life circumstances, including veterans served through the organizations partnership with the Orlando VA Medical Center. Participants received 18,720 individual 45-minute wellness sessions utilizing therapeutic groundwork and horse interactions to promote emotional resilience, self-awareness, and mental wellness. The organizations impact was strengthened by a dedicated corps of volunteers. Freedom Ride maintained approximately 100 active volunteers each week, many serving multiple days weekly in roles supporting program activities, horse care, barn operations, and facility maintenance. During the year, 129 volunteers were trained and engaged, contributing more than 8,997 volunteer hours in support of Freedom Rides programs and operations. Through the combined efforts of its staff, volunteers, and therapy horses, Freedom Ride provided transformative equine-assisted services to 480 participants during 2025, delivering more than 20,880 program sessions that improved physical, emotional, and mental well-being. As community demand continues to grow, Freedom Ride remains committed to expanding access to the healing power of horses for individuals and families throughout Central Florida.

    Expenses $520,544

As filed on the 2025 return.

Listed in Part VII

  • Veronica Whetro

    Executive Director

    Total calculated
    $29,962
    From this org
    $29,962
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $25,962
    Bonus
    not reported
    Other
    $4,000
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $29,962
  • Chris Nemethy

    President

    Total calculated
    $0
    Hours/week
    0.5
  • Bradley Davis

    Treasurer

    Total calculated
    $0
    Hours/week
    0.5
  • Amy Daly

    Secretary

    Total calculated
    $0
    Hours/week
    0.5
  • Caitlyn Lewis

    Director

    Total calculated
    $0
    Hours/week
    0.3
  • Barbara Beasley

    Vice President

    Total calculated
    $0
    Hours/week
    0.5
  • Bette-Jo Foster

    Director

    Total calculated
    $0
    Hours/week
    0.3
  • YvonneLogginsColeman

    Director

    Total calculated
    $0
    Hours/week
    0
  • Brian Panzella

    Director

    Total calculated
    $0
    Hours/week
    0
  • Jeffry Fletcher

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
31 July 2026
IRS schema version
2025v4.1
Source object
202632129349300613

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