RANK THE VOTE INC

EIN: 844007566 501(c)(3) Education

LEOMINSTER, MA

Total Revenue
$1,738,428
Total Expenses
$1,800,485
Total Assets
$401,761
Net Assets
$378,787
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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
2020
Legal Domicile
MA
Principal Officer
EILEEN REAVEY
Phone
6175016534
Tax Period
2024-01-01 to 2024-12-31

RANK THE VOTE INC, founded in 2020, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year.

Mission

EDUCATE THE PUBLIC ABOUT ADVANCED VOTING METHODS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,264,743
Program Service Revenue $473,654
Investment Income $31
Other Revenue $0
TOTAL REVENUE $1,738,428

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,395,256
Fundraising Expenses $82,860
Program Expenses $1,546,958
Other Expenses $405,229
TOTAL EXPENSES $1,800,485

Year-over-Year Comparison

2024 2023 Change
Revenue $1,738,428 $2,159,791 -0.2%
Expenses $1,800,485 $2,114,482 -0.1%
Net Income $-62,057 $45,309 -2.4%
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
11
Independent Members
11
Employees
48
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
4
$81,596
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN FRIEDMAN DIRECTOR 2.00
Director
$0 $0 $0
BRUCE GOLDBERG DIRECTOR 2.00
Director
$0 $0 $0
SAVASTI ADDISON VICE PRESIDENT 2.00
Director
$0 $0 $0
KATIE FAHEY DIRECTOR 2.00
Director
$0 $0 $0
BRIAN CANNON DIRECTOR 2.00
Director
$0 $0 $0
JOCELYN BUCARO DIRECTOR 2.00
Director
$0 $0 $0
MERCEDETH MOMENI DIRECTOR 2.00
Director
$0 $0 $0
LAN NGUYEN TREASURER 2.00
Officer
$0 $0 $0
JOHN PALMER PRESIDENT 2.00
Officer
$0 $0 $0
SCOTT VERCOE CLERK 2.00
Officer
$0 $0 $0
NATHAN LOCKWOOD EXECUTIVE DIRECTOR 40.00
Officer
$81,596 $0 $81,596
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 $1,738,428 $1,800,485 $401,761 $-62,057
2023 $2,159,791 $2,114,482 $536,351 $45,309
2022 $938,504 $679,524 $457,303 $258,980
2022 $938,504 $679,524 $457,303 $258,980
2021 $480,356 $466,693 $136,774 $13,663
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