Rally Foundation Inc
Rally Foundation Inc. shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 201950849 · Atlanta, GA · NTEE: T99 · Updated: 2026-03-28
Is Rally Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rally Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rally Foundation Inc
Rally Foundation Inc (EIN: 201950849) is a nonprofit organization based in Atlanta, GA, classified under NTEE code T99. The organization reported total revenue of $11.7M and total assets of $15.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rally Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rally Foundation Inc is a large nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 17.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.5M |
| Total Expenses | $7.8M |
| Surplus / Deficit | +$1.7M |
| Total Assets | $13.6M |
| Total Liabilities | $45K |
| Net Assets | $13.5M |
| Operating Margin | 17.8% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 20.9 months |
Financial Health Grade: A
In 2024, Rally Foundation Inc reported a surplus of $1.7M with revenue exceeding expenses, holds 20.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Rally Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +14.9% | +31.9% | +16.3% |
| 2023 | +12.5% | +41.2% | +23.6% |
| 2022 | +53.6% | -18.5% | +42.1% |
| 2021 | +10.6% | +6.2% | +10.6% |
| 2020 | -12.8% | +24.4% | -8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rally Foundation Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Rally Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is not reported in any of the provided IRS 990 filings, indicating that no officers received compensation, which is highly favorable for a growing organization of its size, demonstrating a strong commitment to mission-focused spending.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Rally Foundation Inc's IRS 990 filings:
- Broad NTEE code (T99) could obscure specific programmatic focus.
Strengths
The following positive indicators were identified for Rally Foundation Inc:
- Consistent and significant revenue growth over the past decade.
- Strong asset accumulation, indicating financial health and sustainability.
- No reported officer compensation across all filings, suggesting high efficiency and mission focus.
- Low liabilities relative to assets, demonstrating strong financial management.
- Positive net income in most recent years, indicating effective expense management.
Frequently Asked Questions about Rally Foundation Inc
Is Rally Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rally Foundation Inc (EIN: 201950849) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Rally Foundation Inc spend its money?
Rally Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rally Foundation Inc tax-deductible?
Rally Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201950849). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Rally Foundation Inc. a good charity?
Based on the financial data, Rally Foundation Inc. appears to be a very good charity. It demonstrates strong financial growth, healthy asset accumulation, and a notable absence of reported officer compensation, suggesting a high dedication to its mission.
How has Rally Foundation Inc.'s revenue grown over time?
Rally Foundation Inc. has experienced significant revenue growth, increasing from $1,994,907 in 2015 to $9,475,377 in 2024, and its latest reported revenue is $11,714,828, indicating a strong upward trend.
What is the organization's financial stability?
The organization shows strong financial stability, with assets consistently growing (e.g., $13,572,785 in 2024) and liabilities remaining very low relative to assets (e.g., $45,404 in 2024), indicating a healthy balance sheet.
Filing History
IRS 990 filing history for Rally Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Rally Foundation Inc's revenue has grown by 600.4%, moving from $1.4M to $9.5M. Total assets increased by 1331.9% over the same period, from $948K to $13.6M. Total functional expenses rose by 648.4%, from $1.0M to $7.8M. In its most recent filing year (2024), Rally Foundation Inc reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $45K in liabilities against $13.6M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $13.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $9.5M | $7.8M | $13.6M | $45K | — | View 990 |
| 2023 | $8.2M | $5.9M | $11.7M | $22K | — | View 990 |
| 2022 | $7.3M | $4.2M | $9.4M | $54K | — | View 990 |
| 2021 | $4.8M | $5.1M | $6.6M | $500K | — | — |
| 2020 | $4.3M | $4.8M | $6.0M | $3.4M | — | View 990 |
| 2019 | $4.9M | $3.9M | $6.6M | $3.0M | — | View 990 |
| 2018 | $3.5M | $3.1M | $4.6M | $2.2M | — | View 990 |
| 2017 | $4.3M | $2.8M | $4.0M | $2.0M | — | View 990 |
| 2016 | $2.4M | $2.1M | $2.1M | $1.6M | — | View 990 |
| 2015 | $2.0M | $2.2M | $1.2M | $899K | — | View 990 |
| 2014 | $1.6M | $1.6M | $1.1M | $688K | — | View 990 |
| 2013 | $1.3M | $1.3M | $901K | $448K | — | View 990 |
| 2012 | $1.4M | $1.0M | $948K | $493K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $9.5M, expenses of $7.8M, and assets of $13.6M (revenue +14.9% year-over-year).
- 2023: Revenue of $8.2M, expenses of $5.9M, and assets of $11.7M (revenue +12.5% year-over-year).
- 2022: Revenue of $7.3M, expenses of $4.2M, and assets of $9.4M (revenue +53.6% year-over-year).
- 2021: Revenue of $4.8M, expenses of $5.1M, and assets of $6.6M (revenue +10.6% year-over-year).
- 2020: Revenue of $4.3M, expenses of $4.8M, and assets of $6.0M (revenue -12.8% year-over-year).
- 2019: Revenue of $4.9M, expenses of $3.9M, and assets of $6.6M (revenue +41.0% year-over-year).
- 2018: Revenue of $3.5M, expenses of $3.1M, and assets of $4.6M (revenue -18.6% year-over-year).
- 2017: Revenue of $4.3M, expenses of $2.8M, and assets of $4.0M (revenue +81.9% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.1M, and assets of $2.1M (revenue +18.8% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.2M, and assets of $1.2M (revenue +28.0% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.6M, and assets of $1.1M (revenue +18.7% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $901K (revenue -3.0% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.0M, and assets of $948K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rally Foundation Inc:
Data Sources and Methodology
This transparency report for Rally Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.