REECE'S RAINBOW INC (EIN 205466141) - 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

2006

Legal Domicile

Principal Officer

MICHELLE ZOROMSKI

Phone

2407802120

Tax Period

2023-01-01 to 2023-12-31

REECE'S RAINBOW INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $396K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $445K exceeded revenue, resulting in a 13% operating deficit.

Mission

PROVIDE ADOPTION GRANTS TO FAMILIES ADOPTING CHILDREN WITH DOWN SYNDROME AND OTHER SPECIAL NEEDS INTERNATIONALLY.

🔒

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 $352,612

Program Service Revenue $0

Investment Income $43,139

Other Revenue $0

TOTAL REVENUE $395,751

Expense Breakdown

Grants Paid $272,805

Salaries & Benefits $116,164

Fundraising Expenses $29,350

Program Expenses $346,629

Other Expenses $56,281

TOTAL EXPENSES $445,250

Year-over-Year Comparison

	2023	2022	Change
Revenue	$395,751	$665,249	-0.4%
Expenses	$445,250	$664,004	-0.3%
Net Income	$-49,499	$1,245	-40.8%

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

Employees

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

$52,466

Total Directors

$52,466

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE ZOROMSKI	EXECUTIVE DI	40.00	Officer Director	$52,466	$0	$52,466
CAMERON ALKHAZRAJI	PRESIDENT	5.00	Officer Director	$0	$0	$0
CARLA DOBROVITS	DIRECTOR	3.00	Director	$0	$0	$0
JAMIE LENTZ	TRUSTEE	5.00	Director	$0	$0	$0
LISA LUNDBERG	DIRECTOR	3.00	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
2024	No data	No data	No data	No data
2023	$395,751	$445,250	$2,219,597	$-49,499
2022	$665,249	$664,004	$2,115,563	$1,245
2021	$1,139,768	$1,038,319	$2,324,783	$101,449
2020	$1,109,021	$786,040	$2,100,509	$322,981
2018	$1,189,940	$1,445,815	$1,540,715	$-255,875

REECE'S RAINBOW INC