Rain Alliance Inc

Nonprofit profile at a glance

EIN
854165115
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Wakefield, MA, USA
Phone
7812460500
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$1,589,685
Expenses
$1,499,458
Assets
$1,132,294
Liabilities
$41,037

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • AILEEN RYAN (PRESIDENT & CEO)

People named in this filing

  • JUHO PARTANEN (CHAIRPERSON)
  • MICHAEL FEIN (TREASURER)
  • PIERRE MULLER (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The rain alliance enables organizations to improve traceability, effectiveness, and sustainability by simplifying, standardizing, and accelerating the adoption of rain technology through global collaboration and innovation. It is an industry consortium focused on rain technology (a standards-based passive uhf rfid / wireless identification approach) whose members include companies across the value chain (tag manufacturers, readers, system integrators, solution providers, and end users) collaborating to drive adoption, establish standards, and promote best practices. The alliance serves as a central body for advocacy, education, collaboration, market development, and technical standardization.

What it reported doing in 2024

Education: in 2024, the alliance published 22 new resources on topic of rain rfid to their website. This includes best practices, guidelines, webinars and presentations. There were also 19 blogs posted, and numerous news articles/member news shared. Rain alliance delivered a robust 2024 webinar/knowledge-series program, drawing on expert speakers and covering a number of topics throughout the year. Across its 2024 series, the alliance had over 1500 registrations, 785 live attendees and strong on-demand viewership (average ~190 views per webinar). The alliance's training program continued to evolve, launching two new courses in 2024 (rain encoding masterclass and rain read-point design), delivering the encoding masterclass in chinese, delivering the first virtual classroom training, and holding a dpp workshop in florence. There were 210 training attendees, with 57 certification awards and a 96% satisfaction rating.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 51
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 5.7%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 0.76; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 20.7% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 5.9% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 7 of 7 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 8 people listed
  • Highest-paid contractors: 4 contractors listed · $917K reported
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Operating margin scored 52/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • Review — Sustainability: Liabilities to assets ratio scored 56/100.