RAILS FOUNDATION

EIN: 882382127 Mutual Benefit

Wilmington, DE

Total Revenue
$1,624,638
Total Expenses
$1,593,130
Total Assets
$487,589
Net Assets
$466,150
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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
2022
Legal Domicile
DE
Principal Officer
David H Hansson
Phone
7732907276
Tax Period
2024-01-01 to 2024-12-31

RAILS FOUNDATION, founded in 2022, is a community nonprofit in the Mutual Benefit sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 152% from the prior year, signaling strong growth momentum.

Mission

NON-PROFIT ASSOCIATION ORGANIZED TO PROMOTE THE RUBY ON RAILS FRAMEWORK

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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 $679,582
Program Service Revenue $944,204
Investment Income $852
Other Revenue $0
TOTAL REVENUE $1,624,638

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,593,130
TOTAL EXPENSES $1,593,130

Year-over-Year Comparison

2024 2023 Change
Revenue $1,624,638 $644,948 +1.5%
Expenses $1,593,130 $1,079,585 +0.5%
Net Income $31,508 $-434,637 -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

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
2
Employees
N/A
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
3
$171,588
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amanda Perino Executive Dir. 40.00
Officer
$165,588 $0 $165,588
Edwin Oh Treasurer 0.50
Officer
$6,000 $0 $6,000
Rosa Gutierrez Director 2.00
Director
$0 $0 $0
Miles Woodroffe Director 2.00
Director
$0 $0 $0
Kyle Daigle Director 2.00
Director
$0 $0 $0
Bruno Miranda Director 2.00
Director
$0 $0 $0
Darragh Curran Director 2.00
Director
$0 $0 $0
Steve Davis Director 2.00
Director
$0 $0 $0
Duncan Davidson Director 2.00
Director
$0 $0 $0
Jorge Valdivia Director 2.00
Director
$0 $0 $0
David H Hansson Chairman 3.00
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 $1,624,638 $1,593,130 $487,589 $31,508
2023 $644,948 $1,079,585 $559,843 $-434,637
2022 $900,000 $30,721 $893,879 $869,279
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