RAIL SECURITY ALLIANCE

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

ERIK OLSON

Phone

2022801965

Tax Period

2023-11-01 to 2024-10-31

RAIL SECURITY ALLIANCE, founded in 2016, is a small nonprofit that reported $875K in total revenue in fiscal year 2023.

Mission

THE CORPORATION IS ORGANIZED AND OPERATED TO SUPPORT AND ENCOURAGE THE ADOPTION AND ENACTMENT OF U.S. POLICIES, PROCEDURES AND LAWS THAT ARE DESIGNED TO PROMOTE THE SECURITY OF THE RAILROADS AND RAILROAD SYSTEM OF THE UNITED STATES OF AMERICA.

Program Service Accomplishments

Program 1

Expenses: $614,135 Revenue: $875,000

THE RAIL SECURITY ALLIANCE UNDERTOOK EFFORTS TO INFORM THE U.S. CONGRESS AND BIDEN ADMINISTRATION REGARDING CHINESE STATE-OWNED ENTERPRISES ENTERING THE FREIGHT RAIL MARKET IN NORTH AMERICA AND...

THE RAIL SECURITY ALLIANCE UNDERTOOK EFFORTS TO INFORM THE U.S. CONGRESS AND BIDEN ADMINISTRATION REGARDING CHINESE STATE-OWNED ENTERPRISES ENTERING THE FREIGHT RAIL MARKET IN NORTH AMERICA AND REQUESTED CONGRESS CONSIDER TWO PIECES OF LEGISLATION. THE FIRST TO PROVIDE RELIEF TO THE RAIL INDUSTRY THROUGH TAX CREDIT LEGISLATION TO THE BUYERS OF NEW ENVIRONMENTALLY SOUND FREIGHT RAILCARS AND THE SECOND TO PUT POLICIES IN PLACE TO PREVENT CHINESE STATE-OWNED ENTERPRISES FROM BUILDING OR ASSEMBLING FREIGHT RAILCARS FOR THE U.S. INTERCHANGE SYSTEM.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $875,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $875,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $614,135

Other Expenses $912,784

TOTAL EXPENSES $912,784

Year-over-Year Comparison

	2023	2022	Change
Revenue	$875,000	$905,000	0.0%
Expenses	$912,784	$1,084,483	-0.2%
Net Income	$-37,784	$-179,483	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACK TODD	CHAIR	0.10	Officer Director	$0	$0	$0
JOSHUA THARRINGTON	SECRETARY/TREASURER	0.10	Officer Director	$0	$0	$0
MICHAEL CARTER	BOARD MEMBER	0.10	Director	$0	$0	$0
GINA TROMBLEY	BOARD MEMBER	0.10	Director	$0	$0	$0
JASON TILLMANNS	BOARD MEMBER	0.10	Director	$0	$0	$0
JACK ISSELMANN	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIK OLSON	EXECUTIVE DIRECTOR (SEE SCHEDULE O)	5.00	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
2025	No data	No data	No data	No data
2024	$875,000	$912,784	$180,406	$-37,784
2023	$905,000	$1,084,483	$218,190	$-179,483
2022	$935,000	$949,706	$299,868	$-14,706
2021	$965,000	$875,406	$314,574	$89,594
2020	$1,025,000	$953,976	$224,980	$71,024
2019	$1,065,000	$1,107,970	$141,386	$-42,970
2018	$885,000	$833,628	$194,356	$51,372