THE RALEIGH RINGERS INC

EIN: 581888248 501(c)(3) Arts, Culture & Humanities

RALEIGH, NC

Total Revenue
$262,339
Total Expenses
$258,898
Total Assets
$716,403
Net Assets
$670,865
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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
1990
Legal Domicile
NC
Principal Officer
ELLEN DANIELS
Phone
9198477574
Tax Period
2023-01-01 to 2023-12-31

THE RALEIGH RINGERS INC, founded in 1990, is a small nonprofit in the Arts, Culture & Humanities sector that reported $262K in total revenue in fiscal year 2023. Net assets of $671K represent 31 months of operating reserves.

Mission

THE RALEIGH RINGERS, INC PROMOTES THE ART OF HANDBELL RINGING BY: PRESENTING ENTERTAINING PERFORMANCES OF ADVANCED HANDBELL MUSIC TO THE WIDEST POSSIBLE AUDIENCE; COMMISSIONING COMPOSERS TO CREATE WORKS FOR ADVANCED HANDBELL CHOIRS; SUPPORTING AND ENCOURAGING FELLOW HANDBELL MUSICIANS; AND OFFERING EDUCATIONAL OPPORTUNITIES THROUGH CLASSES AND EVENT SPONSORSHIPS.

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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 $69,021
Program Service Revenue $142,899
Investment Income $7,779
Other Revenue $42,640
TOTAL REVENUE $262,339

Expense Breakdown

Grants Paid $0
Salaries & Benefits $61,548
Fundraising Expenses $7,777
Program Expenses $214,290
Other Expenses $197,350
TOTAL EXPENSES $258,898

Year-over-Year Comparison

2023 2022 Change
Revenue $262,339 $267,692 0.0%
Expenses $258,898 $295,637 -0.1%
Net Income $3,441 $-27,945 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
7
Employees
3
Volunteers
25

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
5
$54,695
Total Directors
9
$54,695
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID HARRIS MUSIC DIRECT 20.00
Officer Director
$34,095 $0 $34,095
RUTH STEVENS BUSINESS MAN 20.00
Officer Director
$20,000 $600 $20,600
RUTH BROWN TREASURER 1.00
Officer Director
$0 $0 $0
JAY CARTER COMMUNITY ME 1.00
Director
$0 $0 $0
PHILIP CRESS COMMUNITY ME 1.00
Director
$0 $0 $0
ANGIE CHIATELLO MEMBER AT-LA 1.00
Director
$0 $0 $0
ELLEN DANIELS PRESIDENT 1.00
Officer Director
$0 $0 $0
SANDY HOPSON MEMBER AT-LA 1.00
Director
$0 $0 $0
JENNIFER STEARNS SECRETARY 1.00
Officer Director
$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 $262,339 $258,898 $716,403 $3,441
2022 $267,692 $295,637 $673,522 $-27,945
2021 $353,329 $172,018 $736,057 $181,311
2020 $177,820 $138,451 $546,790 $39,369
2019 $257,020 $284,935 $485,448 $-27,915
2018 $226,776 $247,489 $503,684 $-20,713
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