Rainbow Chamber of Commerce (EIN 205063467) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

Samuel Jones

Phone

8777227224

Tax Period

2023-07-01 to 2024-06-30

Rainbow Chamber of Commerce, founded in 2001, is a small nonprofit in the Community Improvement sector that reported $358K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $422K exceeded revenue, resulting in a 18% operating deficit.

Mission

The purpose of the Rainbow Chamber of Commerce is to: Promote networking within the gay and lesbian business community and its supporters. Enhance the awareness of political and social issues. Encourage involvement in charitable causes.The RCC has the primary purpose to promote business, share information and network within Sacramento's gay and lesbian business community and its supporters.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $27,763

Program Service Revenue $273,343

Investment Income $71

Other Revenue $57,176

TOTAL REVENUE $358,353

Expense Breakdown

Grants Paid $0

Salaries & Benefits $192,076

Fundraising Expenses $29,754

Program Expenses $238,087

Other Expenses $230,362

TOTAL EXPENSES $422,438

Year-over-Year Comparison

	2023	2022	Change
Revenue	$358,353	$279,027	+0.3%
Expenses	$422,438	$358,082	+0.2%
Net Income	$-64,085	$-79,055	-0.2%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

$124,832

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Fred Palmer	Exe Director	40.00	Director	$124,832	$0	$124,832
Sara Hanson	Vice Chair	0.00	Director	$0	$0	$0
Samuel Jones	hair	0.00	Director	$0	$0	$0
Julie Ebe	Board Member	0.00	Director	$0	$0	$0
Austin Cooper	Director	0.00	Director	$0	$0	$0
Amy Medina	Board Member	0.00	Director	$0	$0	$0
Lauren Pulido	Board Member	0.00	Director	$0	$0	$0
Erica Quarles	Board Member	0.00	Director	$0	$0	$0
Peter Nurenberg Jr	Secretary	0.00	Director	$0	$0	$0
Gerardo Cabral	Treasurer	0.00	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
2025	No data	No data	No data	No data
2024	$358,353	$422,438	$111,567	$-64,085
2023	$279,027	$358,082	$170,252	$-79,055
2022	$263,943	$197,862	$245,493	$66,081
2020	$233,767	$228,096	$186,295	$5,671
2019	$209,203	$150,048	$156,290	$59,155

Rainbow Chamber of Commerce