RAINCATCHERS

EIN: 320023133 501(c)(3)

Howell, MI

Total Revenue
$3,939
Total Expenses
$2,586
Total Assets
$90,822
Net Assets
$90,822
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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
MI
Principal Officer
Krista Farmer
Phone
7342764980
Tax Period
2020-01-01 to 2020-12-31

RAINCATCHERS, founded in 2007, is a micro nonprofit that reported $4K in total revenue in fiscal year 2020. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1K, a strong 34% operating margin.

Mission

Raincatchers designs, installs and maintains rainwater collection systems in Haiti. We recruit volunteers from churches, high schools and colleges to deliver, install and maintain the systems. Our goal is to address the deplorable yet preventable health conditions that results from Haiti's critical shortage of safe water, while providing a youth leadership training experience in an environment requiring the ability to improvise and adapt.

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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 $3,939
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,939

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $2,586
TOTAL EXPENSES $2,586

Year-over-Year Comparison

2020 2019 Change
Revenue $3,939 $2,700 +0.5%
Expenses $2,586 $2,264 +0.1%
Net Income $1,353 $436 +2.1%
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
6
Independent Members
6
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
4
$0
Total Directors
2
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Roro Eustache Board member 0
Director
$0 $0 $0
Gaia Stanley Board member 1.00
Director
$0 $0 $0
Travis Farmer Board Secretary 1
Officer
$0 $0 $0
David Webber Board Chair 1
Officer
$0 $0 $0
Chad Dohring Board vicechair 1
Officer
$0 $0 $0
Audrey Harvey Board Treasurer 1
Officer
$0 $0 $0
Krista Farmer Director 2
Key Emp
$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
2020 $3,939 $2,586 $90,822 $1,353
2019 $2,700 $2,264 $89,469 $436
2018 $52,361 $88,433 $89,033 $-36,072
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