Health Care
(E03)
990 on File
RAPID SCIENCE INC
Financial strength (30%)
85/100
Reliability (20%)
50/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$236K
Total Revenue
$130K
Total Expenses
$123K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.8%
Fundraising Efficiency
N/A
Operating Reserve
11.40x
Liability-to-Asset
0.0%
Revenue Diversification
97.5%
Compared with Peers
FY 2024
Compared with 4,558 similar organizations
(United States, Health Care, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
91.8% | 84.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.2% | 10.9% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
11.4 mo | 13.1 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 1.3% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.5% | 93.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
2261.5% | 7.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
67.2% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
45.0% | 3.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $236K | $130K | $123K | 91.8% | 1 |
| 2023 | $10K | $78K | $17K | 96.6% | — |
| 2022 | $105K | $29K | $85K | 68.6% | 1 |
| 2021 | $23K | $117K | N/A | — | 0 |
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