RALLYSOUND INC

EIN: 273331297 501(c)(3) Arts, Culture & Humanities

CHELSEA, MA

Total Revenue
$337,926
Total Expenses
$228,393
Total Assets
$180,732
Net Assets
$180,732
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MA
Tax Period
2023-01-01 to 2023-12-31

RALLYSOUND INC, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $338K in total revenue in fiscal year 2023. The organization ran a surplus of $110K, a strong 32% operating margin.

Mission

RALLYSOUND CREATES SOCIALLY CONSCIOUS EVENTS THAT UTILIZE MUSIC TO INSPIRE AND PROMOTE COMMUNITY AND CIVIC ENGAGEMENT AND GRASSROOTS ACTIVISM. RALLYSOUND IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING MAKING DISTRIBUTIONS TO EXEMPT 501(C)3 ORGS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $167,492
Program Service Revenue $160,177
Investment Income $830
Other Revenue $9,427
TOTAL REVENUE $337,926

Expense Breakdown

Grants Paid $147,164
Salaries & Benefits $0
Fundraising Expenses $7,338
Program Expenses $212,043
Other Expenses $81,229
TOTAL EXPENSES $228,393

Year-over-Year Comparison

2023 2022 Change
Revenue $337,926 N/A N/A
Expenses $228,393 N/A N/A
Net Income $109,533 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
N/A
Employees
N/A
Volunteers
200

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAMUEL RIKKERS DIRECTOR 0.00
Director
$0 $0 $0
SCOTT WEXLER DIRECTOR 0.00
Director
$0 $0 $0
DAN KRHLA DIRECTOR 0.00
Director
$0 $0 $0
THOMAS DONARUMA VICE PRESIDENT 0.00
Officer
$0 $0 $0
ADAM OLSHANSKY FOUNDERCHAIRMAN 0.00
Officer
$0 $0 $0
KIM ANSIN PRESIDENT & SECRETARY 0.00
Officer
$0 $0 $0
GERALDINE OBRIEN TREASURER 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $337,926 $228,393 $180,732 $109,533
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