Egida Ryder INC FY2021 filing

Humacao, PR · Public charity (501(c)(3)) · Since 1983 · Housing

✓ Tax-deductible Latest data FY2021
Revenue
$401K
▼ -8% vs prior year
Spent
$463K
To programs
78%
Net assets
$1.2M
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending September 2021 (IRS tax year 2020).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
Not on file
Spent on programs?
78% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↓ -8% vs prior year
Legal name (IRS)Hdr · item CEgida Ryder INC
EINHdr · item D66-0461792
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 1997
Year of formationHdr · item L1983
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CHumacao, PR
NTEE classificationIRS BMFHousing (L22)

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.22
Program services78%$362K
Management & general22%$100K
Total functional expensesLn 25$463K

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$401K
FY2021▼ -8%
Expenses
$463K
FY2021▲ +2%
Program efficiency
78%
of spending reaches programs
Operating runway
10.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-15%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$1.3M
FY2021▼ -4%
Total liabilities
$67K
FY2021▲ +29%
Revenue less expensesPt I · Ln 19−$62K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415

Balance Sheet

Part X · end of year
CashLn 1$405K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$67K
Total net assetsLn 32$1.2M
Months of cash on handcomputed10.5

Statement of Revenue

Part VIII
Contributions & grants$331K · 83%
Program service revenue$65K · 16%
Other revenue$4K · 1%
Contributions & grants83%$331K
Program service revenue16%$65K
Other revenue1%$4K
Investment income$415
— government grantsLn 1e$331K
Total revenueLn 12$401K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $405K · Operating expenses/yr $463K
10.5 months
Where the money goes
Program services
Program services $362K · Total expenses $463K
78%
Management & General
Management & general $100K · Total expenses $463K
22%
Fundraising
Fundraising $0 · Total expenses $463K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $331K · Total revenue $401K
83%
Government reliance
Government grants $331K · Total revenue $401K
83%
Earned-income share
Program service revenue $65K · Total revenue $401K
16%
Investment reliance
Investment income $415 · Total revenue $401K
+0.1%
Program self-sufficiency
Program service revenue $65K · Total expenses $463K
14%
Growth & trend
Revenue growth (YoY)
This year $401K · Prior year $437K
-8%
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $401K · Expenses $463K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
—
Net-asset ratio
Net assets $1.2M · Total assets $1.3M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Carlos E Lopez · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $463K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $155K · Total expenses $463K
33%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%——
Overhead ratio 22%——
Fundraising cost ratio 0%——
Revenue growth -8%——
Accounting fee ratio 3%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Egida Ryder INC executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Offers rent housing for elderly individuals in 55 units.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $362K of program spending, described in the organization's own filed words · FY2020.
01

Egida ryder, inc (the project) is a 55 unit apartment facility for elderly persons located in humacao, puerto rico. It is operated under section 811 of the national housing act of 1990 and regulated by the us department of housing and urban development (hud) with respect to rental charges and operating methods.

$362Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Filing history

YearRevenueExpensesChangeFiling
FY2024 $515K$524K+8% 990 PDF
FY2023 $477K$475K+2% 990 PDF
FY2022 $467K$493K+16% 990 PDF
FY2021 Viewing $401K$463K-8% 990 PDF
FY2020 $437K$455K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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