THE RING OF DEMOCRACY (EIN 814642489) - Form 990 Financial Analysis & Trantor Score

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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

2016

Legal Domicile

Principal Officer

VOLMA VOLCY

Phone

9165625764

Tax Period

2024-01-01 to 2024-12-31

THE RING OF DEMOCRACY, founded in 2016, is a small nonprofit in the Civil Rights & Advocacy sector that reported $419K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $94K, a strong 22% operating margin.

Mission

THE RING OF DEMOCRACY IS A NONPARTISAN CIVIC ORGANIZATION WHOSE MISSION IS TO PROMOTE AND INCREASE VOTER PARTICIPATION THROUGH COMMUNITY ENGAGEMENT, PUBLIC EDUCATION, AND ADVOCACY. WE ARE COMMITTED TO ENSURING THAT ALL ELIGIBLE CITIZENS HAVE THE OPPORTUNITY AND ENCOURAGEMENT TO MAKE THEIR VOICES HEARD THROUGH THE DEMOCRATIC PROCESS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $418,747

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $418,747

Expense Breakdown

Grants Paid $0

Salaries & Benefits $240,835

Fundraising Expenses $0

Program Expenses $291,376

Other Expenses $84,332

TOTAL EXPENSES $325,167

Year-over-Year Comparison

	2024	2023	Change
Revenue	$418,747	$334,565	+0.3%
Expenses	$325,167	$310,307	+0.0%
Net Income	$93,580	$24,258	+2.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$73,436

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STACY VOLCY	CFO	40.00	Officer	$37,343	$0	$37,343
VOLMA VOLCY	CEO	40.00	Officer	$36,093	$0	$36,093
PAUL HYPPOLITE	Director	5.00	Director	$0	$0	$0
IVORY WATTS	Director	5.00	Director	$0	$0	$0
JAMES HERARD	Secretary	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
2024	$418,747	$325,167	$99,034	$93,580
2023	$334,565	$310,307	$5,151	$24,258
2022	$374,027	$288,190	$19,382	$85,837

THE RING OF DEMOCRACY