RAINBOW REALTY DEVELOPMENT CORPORATION (EIN 161293554) - 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

1986

Legal Domicile

Principal Officer

MARTIN MISKELL

Phone

5853431123

Tax Period

2023-01-01 to 2023-12-31

RAINBOW REALTY DEVELOPMENT CORPORATION, founded in 1986, is a micro nonprofit that reported $30K in total revenue in fiscal year 2023. Expenses of $35K exceeded revenue, resulting in a 19% operating deficit.

Mission

ACQUIRE AND HOLD PROPERTY FOR GENESEE-LIVINGSTON-ORLEANS-WYOMING COUNTIES CHAPTER, NYSARC, INC.

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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 $0

Program Service Revenue $28,002

Investment Income $0

Other Revenue $1,735

TOTAL REVENUE $29,737

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $30,308

Other Expenses $35,308

TOTAL EXPENSES $35,308

Year-over-Year Comparison

	2023	2022	Change
Revenue	$29,737	$30,802	0.0%
Expenses	$35,308	$36,493	0.0%
Net Income	$-5,571	$-5,691	0.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$462,317

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE MAHLER	PRESIDENT	1.00	Officer Director	$0	$0	$0
KEVIN FISHER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KEN BARCHET	TREASURER	1.00	Officer Director	$0	$0	$0
SUSAN MAHA	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN HUBER	BOARD MEMBER	1.00	Director	$0	$0	$0
DEBORAH RIGGI	BOARD MEMBER	1.00	Director	$0	$0	$0
JANE SCOTT	BOARD MEMBER	1.00	Director	$0	$0	$0
MARTIN MISKELL	CEO	1.00	Officer	$0	$15,417	$275,417
LYNN FLEMING	CFO	1.00	Officer	$0	$8,900	$186,900

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	$29,737	$35,308	$239,205	$-5,571
2022	$30,802	$36,493	$262,109	$-5,691
2021	$32,123	$37,814	$290,336	$-5,691
2020	$32,933	$38,621	$313,880	$-5,688
2019	$34,000	$39,688	$337,421	$-5,688
2018	$35,064	$40,601	$367,262	$-5,537

RAINBOW REALTY DEVELOPMENT CORPORATION