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Florida · Nonprofit

Freedom Ride Inc

Freedom Ride Inc (Florida) receives grants from 37 organizations whose IRS filings report $2,023,057 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($391,545). 17 of them have funded it in more than one year.

Revenue FY2025
$1.0M
Funders on record
37
Grants received
$2.0M
Net assets
$2.3M
17/37 repeat funderspeak grant-dependency 44%
01What it does

What Freedom Ride Inc does

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.

As stated on its FY2025 Form 990.

Program

  1. 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…

    $520,544 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $520,544.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($433k) Expenses 100 ($329k) Net assets 100 ($190k)2018 Revenue 94 ($405k) Expenses 109 ($360k) Net assets 124 ($235k)2019 Revenue 152 ($659k) Expenses 124 ($409k) Net assets 256 ($486k)2020 Revenue 276 ($1.2M) Expenses 130 ($428k) Net assets 661 ($1.3M)2021 Revenue 161 ($697k) Expenses 165 ($544k) Net assets 742 ($1.4M)2022 Revenue 213 ($920k) Expenses 170 ($560k) Net assets 932 ($1.8M)2023 Revenue 157 ($679k) Expenses 181 ($596k) Net assets 976 ($1.9M)2024 Revenue 139 ($600k) Expenses 191 ($628k) Net assets 961 ($1.8M)2025 Revenue 233 ($1.0M) Expenses 176 ($579k) Net assets 1187 ($2.3M)
'17'18'19'20'21'22'23'24'25
Revenue (233)Expenses (176)Net assets (1187)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $1.3M to $2.8M (+121%).

$200k
$243k
$493k
$1.3M
$2.8M
$3.1M
$3.1M
$3.0M
$3.3M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2025 9%. Grants only. Government contracts and fees sit inside program revenue.

79% of Freedom Ride Inc’s revenue is contributions — about as donation-reliant as the typical peer (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$104k
’17
$46k
’18
$251k
’19
$768k
’20
$153k
’21
$361k
’22
$83k
’23
−$28k
’24
$428k
’25
19
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Veronica Whetro

Executive Director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed89111010121499
Joined·+3+4+0+3+3+3+0+2
No longer listed·22131152
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 15 funders, grant income rose $34k → $271k.

9 of 37 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Freedom Ride Inc’s funders (the co-funder graph). Top 30 of 37 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Freedom Ride Inc has a broad base — no single funder exceeds 19% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

57% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Freedom Ride Inc.

19%
largest funder
49%
top three
~10
effective funders

Largest funder’s share by year: 2017 45% · 2018 50% · 2019 28% · 2020 73% · 2021 33% · 2022 29% · 2023 35% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

35% of Freedom Ride Inc's funders are still giving 3 years after their first grant; 46% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

85% of Freedom Ride Inc's grant income comes from Florida funders.

NY
OH
CA
UT
VA
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $503k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Freedom Ride Inc runs a healthier operating margin than three-quarters of the 6,891 human services nonprofits its size.

Operating margin43% · top quartile
Months of reserve19.2mo · top quartile
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 6,891 human services nonprofits $1M–$10M, FY2025

Government funding Freedom Ride Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $160k on record.

Federal$160k
grants $160kcontracts $0
21
25
Top agencies
  • Department of Veterans Affairs$160k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Freedom Ride Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 10%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

FL

Screen this organization

A dated, signed PDF of the compliance screen for Freedom Ride Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Freedom Ride Inc?
Freedom Ride Inc (Florida) receives grants from 37 organizations whose IRS filings report $2,023,057 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($391,545). 17 of them have funded it in more than one year.
How many funders does Freedom Ride Inc have?
IRS filings report 37 organizations giving $2,023,057 in grants to Freedom Ride Inc, 17 of which have funded it in more than one year.
Who is the largest funder of Freedom Ride Inc?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $391,545 in grants. The full list of funders is on this page.
How can an organization like Freedom Ride Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Freedom Ride →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 37 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing