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Boston-New York &
NorthEast AIDSRides
A Financial Overview of the
Ride 1995 - 2001
Figures obtained
from:
Pallotta TeamWorks' Record of Impact 2001 from the official Pallotta TeamWorks corporate site.
 Download the
Pallotta TeamWorks 2001 Record of Impact
(1.2 M, large file)
The CARE Exchange strongly
suggests that people interested in participating in or donating to charity events review
the
revised
Standards
for Charitable Accountability. This includes the guideline for
charities to spend at least 65% of revenue on program expenses and no more
than 35% on fundraising and its administration. BBB Wise Giving
Alliance .
It offers guidance to donors on making informed giving decisions.
For detailed information about the California AIDS Ride visit the Pallotta
TeamWorks Be The
People site
|
|
Year |
Pledge Revenue |
Other Revenue |
Total Revenue |
Total Expenses |
Return To Charities |
PTW
"Donor Dollar %"
** |
True Return to Charities
‡ |
Riders |
Cost per Rider |
Ave. Pledge Raised per Rider |
Pledge Min. |
|
1995 |
6,468,000 |
614,000 |
7,082,000 |
2,699,000 |
4,383,000 |
67.76% |
61.89% |
3,556 |
$759 |
$1,819 |
$1,500 |
|
1996 |
6,691,000 |
434,000 |
7,125,000 |
3,558,000 |
3,567,000 |
53.31% |
50.06% |
3,631 |
$980 |
$1,843 |
$1,500 |
|
1997 |
7,505,000 |
539,000 |
8,044,000 |
3,596,000 |
4,448,000 |
59.27% |
55.30% |
3,159 |
$1,138 |
$2,376 |
$1,500 |
|
1998 |
6,359,000 |
445,000 |
6,804,000 |
3,266,000 |
3,538,000 |
55.64% |
52.00% |
2,503 |
$1,305 |
$2,541 |
$1,600 |
|
1999 |
6,902,000 |
475,000 |
7,377,000 |
3,650,000 |
3,727,000 |
54.00% |
50.52% |
2,589 |
$1,410 |
$2,666 |
$1,700 |
|
2000 |
5,473,000 |
475,000 |
5,948,000 |
3,665,000 |
2,283,000 |
41.71% |
38.38% |
2,075 |
$1,766 |
$2,638 |
$1,700 |
|
2001 |
6,004,000 |
411,000 |
6,415,000 |
4,438,000 |
1,977,000 |
32.93% |
30.82% |
2,002 |
$2,217 |
$2,999 |
$2,100 |
|
Total |
45,402,000 |
3,393,000 |
48,795,000 |
24,872,000 |
23,923,000 |
52.69% |
49.03% |
19,515 |
$1,275 |
$2,327 |
|
** PTW "Donor
Dollar Return"
This figure is determined by using 100% of "Other Revenue" to offset Total
Expenses. This tells us how much of each donor's dollar ended back
with the charities, rather than the percentage of total revenue raised
going back to the charities. This figure will not provide an
accurate indication of the exact % of all money raised to cover expenses.
|
100% less |
(Total Expenses -
Other Revenue) x 100 |
| |
Pledge Revenue |
|
‡
True Percentage Return to Charities
This is the more traditionally accepted percentage figure
organizations provide to explain return to charity against fundraising and administration costs
of the event. The figure is calculated as:
|
(Total Revenue - Total
Expenses) x 100 |
|
Total Revenue
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Charts |
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Further
reading:
Visit the CARE Exchange's Financial Overview of the California AIDSRide 1994
- 2001
Overview of Pallotta
TeamWorks AIDSRide & AIDS Vaccine Ride Financial Results 1994-2001
The CARE Exchange's Financial Overview of
AIDS/LifeCycle 2002
and
our News and press releases
about the AIDS Ride and other charity events
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