Rainbow Chamber Foundation (EIN 261258918) - 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

2007

Legal Domicile

Principal Officer

Tyler Thompson

Phone

8777227224

Tax Period

2024-01-01 to 2024-12-31

Rainbow Chamber Foundation, founded in 2007, is a micro nonprofit in the Education sector that reported $74K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $89K exceeded revenue, resulting in a 20% operating deficit.

Mission

To provide educational opportunities, scholarships, mentoring and recognition of achievement to Gay and Lesbian businesspersons in the Sac nto region.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $16,142

Investment Income $9

Other Revenue $58,109

TOTAL REVENUE $74,260

Expense Breakdown

Grants Paid $29,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $77,465

Other Expenses $59,956

TOTAL EXPENSES $89,456

Year-over-Year Comparison

	2024	2023	Change
Revenue	$74,260	$57,467	+0.3%
Expenses	$89,456	$96,723	-0.1%
Net Income	$-15,196	$-39,256	-0.6%

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	Role	Reportable Comp	Other Comp	Total
Paul Villaluz Weubbe	Treasurer	Director	$0	$0	$0
Fred Palmer	Executive Dir.	Director	$0	$0	$0
Brian D Knirk	Director	Director	$0	$0	$0
Abigail LIttle	Director	Director	$0	$0	$0
Anthony St Amant	Director	Director	$0	$0	$0
Joe Ledin-Wilson	Director	Director	$0	$0	$0
Kristen Stauss	Director	Director	$0	$0	$0
Jesse Beck	Vice President	Director	$0	$0	$0
Johnathan Williams EdD	Director	Director	$0	$0	$0
Tyler Thompson	Past President	Officer	$0	$0	$0
Angelica Sanchez	Secretary	Officer	$0	$0	$0
Annie Caruso	President	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	$74,260	$89,456	$103,961	$-15,196
2023	$57,467	$96,723	$123,171	$-39,256

Rainbow Chamber Foundation