RAIN ALLIANCE INC (EIN 854165115) - 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

2020

Legal Domicile

Principal Officer

AILEEN RYAN

Phone

7812460500

Tax Period

2023-01-01 to 2023-12-31

RAIN ALLIANCE INC, founded in 2020, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $1.2M left a modest 5% surplus.

Mission

THE RAIN ALLIANCE IS A CONSORTIUM OF COMPANIES THAT TOGETHER WANT TO CREATE A SMARTER AND MORE SUSTAINABLE WORLD BY USING RAIN RFID TECHNOLOGY TO CONNECT TRILLIONS OF EVERYDAY ITEMS ACROSS THEIR ENTIRE LIFECYCLE, SIMPLY AND INEXPENSIVELY. THE RAIN ALLIANCE DRIVES AWARENESS AND FOSTERS MARKET ADOPTION OF RAIN TECHNOLOGY AND SUPPORTS THE DEVELOPMENT OF THE RAIN BRAND.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,240,379

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,240,379

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,173,054

TOTAL EXPENSES $1,173,054

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,240,379	$1,054,668	+0.2%
Expenses	$1,173,054	$768,883	+0.5%
Net Income	$67,325	$285,785	-0.8%

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

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
JONATHAN AITKEN	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
LEWIS LIN	TREASURER	2.00	Officer Director	$0	$0	$0
PIERRE MULLER	SECRETARY	2.00	Officer Director	$0	$0	$0
HERVE D'HALLUIN	DIRECTOR	2.00	Director	$0	$0	$0
JUHO PARTANEN	DIRECTOR	2.00	Director	$0	$0	$0
RALF KODRITSCH	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH KUNNEN	DIRECTOR (FROM AUG 2023)	2.00	Director	$0	$0	$0
CHRIS DIORIO	DIRECTOR (THRU JULY 2023)	2.00	Director	$0	$0	$0
AILEEN RYAN	PRESIDENT & CEO	40.00	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	$1,240,379	$1,173,054	$1,081,732	$67,325
2022	$1,054,668	$768,883	$1,005,385	$285,785
2021	$928,526	$762,528	$693,493	$165,998

RAIN ALLIANCE INC