Civic Intelligence

Rallysound Inc

EIN 27-3331297 • 501(c)3 • Chelsea, MA

Profile

Rallysound creates socially conscious events that utilize music to inspire and promote community and civic engagement and grassroots activism. Rallysound is organized exclusively for charitable and educational purposes, including making distributions to exempt 501(c)(3) orgs.

122 Winnisimmet StreetChelsea, MA 02150
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

64th percentile

10%

Higher net margin than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

90th percentile

71%

Faster asset growth than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

76th percentile

27%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$207,799

Up $27,067 (+15%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$207,799

Up $27,067 (+15%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin64th percentile

Revenue

Down

$264,754

Down $73,172 (-22%) from 2023

Expenses

Up

$237,687

Up $9,294 (+4.1%) from 2023

Net Income

Down

$27,067

Down $82,466 (-75%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2018: $28,089Net Assets 2018: $28,0892018Assets 2019: $76,521Net Assets 2019: $76,5212019Assets 2020: $61,032Liabilities 2020: $0Net Assets 2020: $61,0322020Assets 2021: $49,304Liabilities 2021: $0Net Assets 2021: $49,3042021Assets 2022: $71,199Liabilities 2022: $0Net Assets 2022: $71,1992022Assets 2023: $180,732Liabilities 2023: $0Net Assets 2023: $180,7322023Assets 2024: $207,799Liabilities 2024: $0Net Assets 2024: $207,7992024

Highlighted filing

2024

Assets$207,799
Liabilities$0
Net Assets$207,799
Open 2024 Filing

Operations Trend

Revenue Growth76th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2018: $64,640Expenses 2018: $41,119Net Income 2018: $23,5212018Revenue 2019: $147,697Expenses 2019: $99,265Net Income 2019: $48,4322019Revenue 2020: $93,035Expenses 2020: $108,874Net Income 2020: -$15,8392020Revenue 2021: $114,236Expenses 2021: $125,964Net Income 2021: -$11,7282021Revenue 2022: $164,678Expenses 2022: $142,783Net Income 2022: $21,8952022Revenue 2023: $337,926Expenses 2023: $228,393Net Income 2023: $109,5332023Revenue 2024: $264,754Expenses 2024: $237,687Net Income 2024: $27,0672024

Highlighted filing

2024

Revenue$264,754
Expenses$237,687
Net Income$27,067
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$207,799
Liabilities
$0
Net assets
$207,799
Revenue
$264,754
Expenses
$237,687
Net income
$27,067
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$2.65$2.38$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$0.00$1.81$3.38$2.28$1.10
2022Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$1.65$1.43$0.22
2021Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$1.14$1.26$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.00$0.61$0.93$1.09$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.77$1.48$0.99$0.48
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.28$0.65$0.41$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 19, 2025
Return Version
2024v5.2
Gross Receipts
$269,618
Mission and Program Overview

Mission

Rallysound creates socially conscious events that utilize music to inspire and promote community and civic engagement and grassroots activitism. RallySound is organized exclusively for charitable and educational purposes, including distributions to organizations that qualify as exempt organizations under section 501(c)3 of the internal revenue code.

Rallysound creates socially conscious events that utilize music to inspire and promote community and civic engagement and grassroots activism. Rallysound is organized exclusively for charitable and educational purposes, including making distributions to exempt 501(c)(3) orgs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$100,515$159,658▲ $59,143
Cash and Non-Interest-Bearing Accounts$50,073$29,673▼ $20,400
Savings and Temporary Cash Investments$24,267$12,591▼ $11,676
Inventories for Sale or Use$5,877$5,877→ $0
Total Assets$180,732$207,799▲ $27,067
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$180,732$207,799▲ $27,067
Total Net Assets Fund Balance$180,732$207,799▲ $27,067
Total Liabilities and Net Assets / Fund Balance$180,732$207,799▲ $27,067

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$141,065$11,889$152,954
Equipment$18,593$2,381$20,974
Compensation and Service Providers
Top Officer Pay84th percentile

Board Members and Trustees

NameTitle
Adam OlshanskyFounderchairman
Kim AnsinPresident & Secretary
Thomas DonarumaVice President
Dan KrhlaDirector
Samuel RikkersDirector
Scott WexlerDirector
Geraldine ObrienTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$124,878
Program Service Revenue
$134,018
Investment Income
$486
Other Revenue
$5,372
All Other Contributions
$124,878
Change in Net Assets
$27,067
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$151,302
Other Expenses$86,385
Total Fundraising Expense$20,065
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$151,302--$151,302
Depreciation Depletion--$10,325$10,325
Advertising--$9,740$9,740
Office Expenses-$6,122-$6,122
Fees for Services Other-$6,000-$6,000
Other Expenses$3,039--$3,039
Information Technology-$1,564-$1,564
Fees for Services Accounting-$776-$776
Fees for Service Investment Mgmnt Fees-$162-$162
Total Functional Expenses$202,998$14,624$20,065$237,687
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Governing body meeting documentation Part VI line 8A

“No contemporaneous documentation is formally kept. Notes and communications are held by each individual on governing body.”

Committee meeting documentation Part VI line 8B

“There are no separate committees”

Form 990 governing body review Part VI line 11

“No review was conducted or will be conducted”

Governing documents etc available to public Part VI line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Rallysound Inc
EIN
27-3331297
In Care Of
% ADAM OLSHANSKY
Phone
6172909077
Address
122 WINNISIMMET STREET, CHELSEA, MA 02150

Signing Officer

Name
Adam Olshansky
Title
Founderchairman
Phone
6172909077
Signed
2025-11-19
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
0
Employees
0
Volunteers
200

Preparer

Firm
Alex Leugers CPA
Address
8200 S Quebec St Suite A3181, Centennial, CO 80112
Preparer
Alex Leugers CPA
Phone
3038082960
Raw XML Appendix391 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO SEPARATE COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS CONDUCTED OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ADAM OLSHANSKY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDERCHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum06172909077
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RALLYSOUND INC
ReturnHeader/Filer/BusinessNameControlTxt0RALL
ReturnHeader/Filer/EIN0273331297
ReturnHeader/Filer/InCareOfNm0% ADAM OLSHANSKY
ReturnHeader/Filer/PhoneNum06172909077
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ReturnHeader/Filer/USAddress/CityNm0CHELSEA
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Alex Leugers CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08200 S Quebec St Suite A3181
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Centennial
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080112
ReturnHeader/PreparerPersonGrp/PhoneNum03038082960
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALEX LEUGERS CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-19T13:35:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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