RAINBOW LEARNING CENTER INC (EIN 030398541) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Phone

6625384100

Tax Period

2024-01-01 to 2024-12-31

RAINBOW LEARNING CENTER INC, founded in 2003, is a small nonprofit in the Human Services sector that reported $669K in total revenue in fiscal year 2024.

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE QUALITY CHILD CARE AND MEALS TO ALL CHILDREN AND QUALIFYING DISADVANTAGED CHILDREN UNDER THE MISSISSIPPI DEPARTMENT OF EDUCATION'S USDA CHILD AND ADULT CARE FOOD PROGRAM (CACFP), A SPECIAL NUTRITION FOOD PROGRAM. RAINBOW LEARNING CENTER OFFERS HIGH QUALITY CARE IN A HOME-LIKE AND PROFESSIONAL ENVIRONMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $120,883

Program Service Revenue $543,036

Investment Income $4,645

Other Revenue $0

TOTAL REVENUE $668,564

Expense Breakdown

Grants Paid $0

Salaries & Benefits $387,393

Fundraising Expenses $0

Program Expenses $680,263

Other Expenses $331,316

TOTAL EXPENSES $718,709

Year-over-Year Comparison

	2024	2023	Change
Revenue	$668,564	$692,454	0.0%
Expenses	$718,709	$826,191	-0.1%
Net Income	$-50,145	$-133,737	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$30,000

Total Directors

$30,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MINERVA GRAHAM	Executive Direc	40.00	Officer Director	$30,000	$0	$30,000
CODY GRAHAM	Secretary	0.00	Officer	$0	$0	$0
TIFFANY GRAHAM	MEMBER	0.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$668,564	$718,709	$437,745	$-50,145
2023	$692,454	$826,191	$460,556	$-133,737
2022	$1,314,918	$850,445	$607,141	$464,473
2021	$638,429	$619,755	$152,495	$18,674
2020	$637,738	$531,342	$137,489	$106,396
2019	$577,101	$594,660	$42,474	$-17,559
2018	$488,347	$472,352	$62,823	$15,995

RAINBOW LEARNING CENTER INC