Skip to main content

Nonprofit · EIN 82-0898706

MY CITY RIDES

Tax-exempt · MEMPHIS, TN 38111

Financials

$2.6M$1.6M2022$1.8M$1.7M2023$1.8M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of MY CITY RIDES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,762,999$1,626,088$136,911$4,945,004$34,184$4,910,820
December 31, 2023990$1,800,886$1,702,359$98,527$4,845,671$71,762$4,773,909
December 31, 2022990 (amended)$2,595,735$1,550,921$1,044,814$4,822,379$146,997$4,675,382
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,569,147
Program service revenue
$0
Investment income
$959
Net income from sales of inventory
$192,893
Other revenue
$192,893

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$611,586
Salaries, compensation and benefits (total)
$726,791
Professional fundraising fees
$0
Legal fees
$91,275
Accounting fees
$26,466
Occupancy
$29,186
Travel
$2,217
Depreciation
$154,175
Program services (functional)
$1,423,838
Management and general (functional)
$202,250

Balance sheet and other

Total assets, start of year
$4,845,671
Total assets, end of year
$4,945,004
Total liabilities, end of year
$34,184
Net assets, end of year
$4,910,820
Land, buildings and equipment
$3,287,724
Net assets without donor restrictions
$4,910,820
Gross receipts
$2,035,372
Employees
12
Volunteers
15
Year formed
2017
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ANDREW NIXEXECUTIVE DI
Highest-paid employee
40$126,602$3,950
GREG MARTINPRESIDENT
Trustee or director
2$0$0
STEPHANIE FENNELLTREASURER /S
Trustee or director
2$0$0
JAMES RHODESDIRECTOR
Trustee or director
2$0$0
DAVID SHORTDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationOther / benefits
ANDREW NIXEXECUTIVE DIRECTOR/CEO
Officer
40$155,510$6,220
DAN CONAWAYBOARD MEMBER
Trustee or director
2$0$0
PAULO TEIXEIRAPRESIDENT
Trustee or director
2$0$0
JAY MARTINBOARD MEMBER
Trustee or director
2$0$0
PATRICIA STRINGERSECRETARY
Officer
5$0$0
990 for the year ended December 31, 2022: 5 people
NameTitleHours / weekCompensationOther / benefits
ANDREW NIXPRESIDENT/CEO
Officer
40$164,875$6,595
DAN CONAWAYBOARD MEMBER
Trustee or director
2$0$0
PAULO TEIXEIRABOARD MEMBER
Trustee or director
2$0$0
JAY MARTINBOARD MEMBER
Trustee or director
2$0$0
PATRICIA STRINGERSECRETARY
Officer
5$0$0

Address and contacts

Address (IRS master file)
111 S HIGHLAND NO 535, MEMPHIS, TN 38111-4640
In care of
% PATRICIA STRINGER
Principal officer (990 for 2024)
STEPHANIE FENNELL, 3155 SUMMER AVE, MEMPHIS, TN 38112
Signed the 990
STEPHANIE FENNELL, TREASURER /SECRETARY
Phone
(901) 443-5160
Return prepared by
JACKSON HOWELL & ASSOCIATES PLLC

Mission

MY CITY RIDES MAKES RELIABLE TRANSPORTATION AFFORDABLE AND OWNERSHIP POSSIBLE FOR THOSE IN THE WORKFORCE WITH LIMITED MEANS BUT UNLIMITED POTENTIAL, INCREASING OPPORTUNITY FOR EVERYONE.

990 for the year ended December 31, 2024

Program accomplishments

  • DURING THE YEAR, MY CITY RIDES LEASED 87 NEW MOTOR SCOOTERS TO INDIVIDUALS IN THE WORKFORCE IN MEMPHIS, TN.
    Expenses $1,423,838

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-0898706
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J19)
Assets (IRS master file)
$4,945,004
Income (IRS master file)
$2,035,372

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,762,999$1,626,088$4,945,004IRS
990December 2023$1,800,886$1,702,359$4,845,671XML
990December 2022$2,595,735$1,550,921$4,822,379XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-0898706).

Questions about MY CITY RIDES

What is the EIN of MY CITY RIDES?
The employer identification number (EIN) of MY CITY RIDES is 82-0898706.
Is MY CITY RIDES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to MY CITY RIDES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MY CITY RIDES file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MY CITY RIDES due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MY CITY RIDES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MY CITY RIDES?
The 990 for the year ended December 31, 2024 names STEPHANIE FENNELL.
Who are the officers and directors of MY CITY RIDES?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $126,602 (ANDREW NIX, EXECUTIVE DI).
How much revenue does MY CITY RIDES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,762,999, expenses of $1,626,088 and total assets of $4,945,004 at year end.

Other nonprofits in MEMPHIS

All nonprofits in MEMPHIS · Tennessee · Employment