RAILS FOUNDATION

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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

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

Program Service Accomplishments

Program 1

21 SEPARATE RAILS GUIDES WERE UPDATED IN 2024. IMPROVED DESIGN & UX OF THE RAILS GUIDES WEBSITE, INCLUDING A DESIGN REFRESH, RTL (RIGHT TO LEFT) RENDERING, FLOATING/CHAPTER NAV BAR, VERSION SELECTOR, AND ACCESSIBILITY IMPROVEMENTS. INTRODUCED RAILS CASE STUDIES DEMONSTRATING HOW COMPANIES (E.G., DOXIMITY)SUCCESSFULLY BUILT WITH RAILS. LAUNCHED A BRAND-NEW FLAGSHIP "GETTING STARTED" TUTORIAL FOR RAILS 8. INTRODUCED A NEW "DOCS" LANDING PAGE ON THE RAILS WEBSITE. COLLABORATED WITH TYPECRAFT TO RELEASE THE "RAILS 8 UNPACKED" 9-PART VIDEO SERIES TO LEARN RAILS. LAUNCHED THE "RAILS IN FOCUS" VIDEO SERIES MADE WITH COMMUNITY MEMBERS, FOR ALL LEVELS OF RAILS DEVELOPERS. SPONSORED RAILS GIRLS SAO PAULO, AN EVENT FOR WOMEN IN THE RAILS COMMUNITY TO GAIN DEEPER SKILLS AND NETWORK. LAUNCHED THE OFFICIAL RAILS MERCH STORE. HOSTED THE 2024 EDITION OF RAILS WORLD IN TORONTO: 1,000 DEVELOPERS FROM 57 COUNTRIES ATTENDED FOR TALKS, WORKSHOPS, NETWORKING. LAUNCHED MULTILINGUAL SUBTITLES IN JAPANESE, BRAZILIAN, PORTUGUESE, AND SPANISH FOR BROADER REACH FOR RAILS VIDEOS.

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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 $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

Governance

Voting Members

Independent Members

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

$171,588

Total Directors

Key Employees

Highest Compensated

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