Civic Intelligence

The Ring of Democracy Incorporated

EIN 81-4642489 • 501(c)3 • Sacramento, CA

Profile

The Ring of Democracy is a non-partisan organization focused on promoting Civic Engagement.Our goal is to engage, advocate and organize to increase voter participation so the voice of the people are being heard.

180 Promenade Circle Suite 300Sacramento, CA 95834

www.theringofdemocracy.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

60th percentile

7.3%

Higher net margin than 60% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

91st percentile

$37,025

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

15th percentile

-73%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

42nd percentile

-11%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$5,151

Down $14,231 (-73%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$5,151

Down $14,231 (-73%) from 2022

Revenue

Down

$334,565

Down $39,462 (-11%) from 2022

Expenses

Up

$310,307

Up $22,117 (+7.7%) from 2022

Net Income

Down

$24,258

Down $61,579 (-72%) from 2022

Trend Graphs

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2022: $19,382Liabilities 2022: $0Net Assets 2022: $19,3822022Assets 2023: $5,151Liabilities 2023: $0Net Assets 2023: $5,1512023

Highlighted filing

2023

Assets$5,151
Liabilities$0
Net Assets$5,151

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2022: $374,027Expenses 2022: $288,190Net Income 2022: $85,8372022Revenue 2023: $334,565Expenses 2023: $310,307Net Income 2023: $24,2582023

Highlighted filing

2023

Revenue$334,565
Expenses$310,307
Net Income$24,258

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 1, 2024
Return Version
2023v5.0
Gross Receipts
$334,565
Mission and Program Overview

Mission

The Ring of Democracy is a non-partisan organization focused on promoting Civic Engagement.Our goal is to engage, advocate and organize to increase voter participation so the voice of the people are being heard.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$17,652$4,173▼ $13,479
Land, Buildings, and Equipment, Net$1,630$978▼ $652
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$19,382$5,151▼ $14,231
Other Assets Total$100$0▼ $100
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,382$5,151▼ $14,231
Total Net Assets Fund Balance$19,382$5,151▼ $14,231
Total Liabilities and Net Assets / Fund Balance$19,382$5,151▼ $14,231

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$978$1,060$2,038
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Volma VolcyPresidentFT$37,025$37,025
Revenue and Support

Revenue Composition

Contributions and Grants
$319,003
Program Service Revenue
$15,562
Investment Income
$0
Other Revenue
$0
All Other Contributions
$319,003
Change in Net Assets
$24,258
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$215,091
Other Expenses$95,216
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$161,253--$161,253
Current Officers, Directors, Trustees, and Key Employees-$37,025-$37,025
Fees for Services Accounting$20,589--$20,589
Payroll Taxes$16,806--$16,806
Office Expenses$15,659--$15,659
All Other Expenses$10,764--$10,764
Other Expenses$5,124--$5,124
Advertising$5,053--$5,053
Occupancy-$4,993-$4,993
Insurance$4,588--$4,588
Depreciation Depletion$652--$652
Fees for Services Other$137--$137
Other Employee Benefits$7--$7
Total Functional Expenses$268,289$42,018$0$310,307
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
The Ring of Democracy Incorporated
EIN
81-4642489
Phone
9165625764
Address
180 Promenade Circle Suite 300, Sacramento, CA 95834

Signing Officer

Name
Volma Volcy
Title
President
Signed
2024-04-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Volma Volcy
Formed
2016
Legal Domicile
Fl
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
1800accountant LLC
Address
260 MADISON AVE 10TH FLOOR, NEW YORK, NY 10016
Preparer
Katie St Ores EA
Phone
8002226868
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Prior Period Capital Adjustment = -$38489

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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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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0260 MADISON AVE 10TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010016
ReturnHeader/PreparerPersonGrp/PhoneNum08002226868
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Katie St Ores EA
ReturnHeader/ReturnTs02024-04-01T18:22:41-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Volma
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Volcy
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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