RAINBOW VILLAGE III INC (EIN 061671138) - 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

2004

Legal Domicile

Principal Officer

DENNY HAYDEN

Phone

3145671522

Tax Period

2023-01-01 to 2023-12-31

RAINBOW VILLAGE III INC, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $116K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

LOW INCOME HOUSING FOR THE DISABLED ELDERLY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $38,857

Program Service Revenue $57,661

Investment Income $308

Other Revenue $18,813

TOTAL REVENUE $115,639

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,836

Fundraising Expenses $0

Program Expenses $93,451

Other Expenses $90,302

TOTAL EXPENSES $120,138

Year-over-Year Comparison

	2023	2022	Change
Revenue	$115,639	$86,018	+0.3%
Expenses	$120,138	$129,513	-0.1%
Net Income	$-4,499	$-43,495	-0.9%

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

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNY HAYDEN	PRESIDENT	2.00	Officer	$0	$0	$0
BRENDA WEBER	SECRETARY	2.00	Officer	$0	$0	$0
LELE ENGLER	TREASURER	2.00	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	No data	No data	No data	No data
2023	$115,639	$120,138	$730,540	$-4,499
2022	$86,018	$129,513	$733,848	$-43,495
2021	$93,341	$124,216	$752,628	$-30,875
2020	$85,688	$126,458	$768,750	$-40,770
2019	$86,144	$118,860	$783,346	$-32,716
2018	$86,204	$107,433	$806,863	$-21,229

RAINBOW VILLAGE III INC