RAINBOW RECOVERY FOUNDATION INC

EIN: 061710609 501(c)(3) Mental Health

SAN JOSE, CA

Total Revenue
$304,370
Total Expenses
$304,585
Total Assets
$15,466
Net Assets
$-91
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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
2006
Legal Domicile
CA
Principal Officer
Randall Zimmer
Phone
4089799217
Tax Period
2020-07-01 to 2021-06-30

RAINBOW RECOVERY FOUNDATION INC, founded in 2006, is a small nonprofit in the Mental Health sector that reported $304K in total revenue in fiscal year 2020.

Mission

THESE PROGRAMS ARE TO PROVIDE HOUSING FOR WOMEN WHO ARE RECOVERING FROM ALCOHOL AND SUBSTANCE ABUSE.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $292,420
Program Service Revenue $11,950
Investment Income $0
Other Revenue $0
TOTAL REVENUE $304,370

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,774
Fundraising Expenses $0
Program Expenses $301,150
Other Expenses $264,811
TOTAL EXPENSES $304,585

Year-over-Year Comparison

2020 2019 Change
Revenue $304,370 $311,737 0.0%
Expenses $304,585 $292,008 +0.0%
Net Income $-215 $19,729 -1.0%
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

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Governance

Voting Members
5
Independent Members
N/A
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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Blanca Hernandez Vice Chairman 0.00
Director
$0 $0 $0
Maricela Salcido Secretary 0.00
Director
$0 $0 $0
Shirley Euley Director 0.00
Director
$0 $0 $0
Samantha Wilson Director 0.00
Director
$0 $0 $0
Randall Zimmer Chairman, Treas 0.00
Officer Director
$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
2021 $304,370 $304,585 $15,466 $-215
2020 $311,737 $292,008 $986 $19,729
2019 $353,094 $352,857 $39,682 $237
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