RAINBOW OF HOPE FOUNDATION INC (EIN 341550591) - 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

1987

Legal Domicile

Principal Officer

EDWARD M SCHLABACH

Phone

3306745062

Tax Period

2023-09-01 to 2024-08-31

RAINBOW OF HOPE FOUNDATION INC, founded in 1987, is a community nonprofit in the Health Care sector that reported $1.3M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE FUNDING FOR MEDICAL-RELATED COSTS TO THE UNDERPRIVILEGED.

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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 $1,251,872

Program Service Revenue $0

Investment Income $30,488

Other Revenue $0

TOTAL REVENUE $1,282,360

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $181,294

Program Expenses $1,129,902

Other Expenses $1,330,606

TOTAL EXPENSES $1,330,606

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,282,360	$1,158,031	+0.1%
Expenses	$1,330,606	$1,152,322	+0.2%
Net Income	$-48,246	$5,709	-9.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HENRY HERSHBERGER	TRUSTEE	1.00	Director	$0	$0	$0
JONAS YODER JR	TRUSTEE	1.00	Director	$0	$0	$0
IVAN MILLER	TRUSTEE	1.00	Director	$0	$0	$0
LUELLA MILLER	SECRETARY	1.00	Officer Director	$0	$0	$0
EDWARD M SCHLABACH	PRESIDENT	1.00	Officer Director	$0	$0	$0
DANIEL TROYER	TREASURER	2.00	Officer Director	$0	$0	$0
MARK WEAVER	TRUSTEE	1.00	Director	$0	$0	$0
ELI YODER	TRUSTEE	1.00	Director	$0	$0	$0
JEFF YODER	TRUSTEE	1.00	Director	$0	$0	$0
MAHLON YODER	TRUSTEE	1.00	Director	$0	$0	$0
MARTY YODER	TRUSTEE	1.00	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	$1,282,360	$1,330,606	$879,257	$-48,246
2023	$1,158,031	$1,152,322	$927,503	$5,709
2022	$946,538	$1,532,500	$921,794	$-585,962
2021	$880,588	$613,930	$1,507,756	$266,658
2020	$719,384	$257,742	$1,241,098	$461,642
2019	$640,802	$525,107	$779,456	$115,695

RAINBOW OF HOPE FOUNDATION INC