RAINBOW SHOPPE INC

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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

1983

Principal Officer

JILL WAY

Phone

2315472815

Tax Period

2025-01-01 to 2025-12-31

RAINBOW SHOPPE INC, founded in 1983, is a small nonprofit in the Human Services sector that reported $236K in total revenue in fiscal year 2025.

Mission

TO WORK WITH CHARLEVOIX MINISTERIAL ASSOCIATION IN THE ORGANIZING AND MANAGEMENT OF A RESALE SHOP ON A VOLUNTEER BASIS, FOR THE BETTERMENT OF THE COMMUNITY BY PROVIDING FOR THOSE IN NEED.

Program Service Accomplishments

Program 1

Expenses: $182,975

THE RAINBOW SHOPPE IS A RESALE STORE STOCKED WITH DONATED CLOTHING, HOUSEHOLD ITEMS, BOOKS, TOYS AND FURNITURE. IT'S PURPOSE IS TO PROVIDE NECESSARY ITEMS TO NEEDY PEOPLE AT A NOMINAL COST. IT ALSO PROVIDES PERSONAL CONTACT WITH LONELY, DISTRESSED, NEEDY PEOPLE IN THE AREA. ITEMS ARE GIVEN TO THOSE WHO CANNOT AFFORD TO PAY FOR THEM.

Program 2

FINANCIAL ASSISTANCE TO ORGANIZATIONS THAT HELP THE NEEDY.

Program 3

FINANCIAL ASSISTANCE TO INDIVIDUALS INCLUDING, ASSISTANCE WITH RENT, UTILITIES, CLOTHING, SCHOLARSHIPS AND CHRISTMAS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $28,936

Program Service Revenue $0

Investment Income $22

Other Revenue $206,883

TOTAL REVENUE $235,841

Expense Breakdown

Grants Paid $0

Salaries & Benefits $164,729

Fundraising Expenses $0

Program Expenses $182,975

Other Expenses $68,296

TOTAL EXPENSES $233,025

Year-over-Year Comparison

	2025	2024	Change
Revenue	$235,841	$223,239	+0.1%
Expenses	$233,025	$241,202	0.0%
Net Income	$2,816	$-17,963	-1.2%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
RITA DREW	TREASURER	N/A	Director	$0	$0	$0
DIANA HAUGHTON	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
DEE HOADLEY	DIRECTOR	N/A	Director	$0	$0	$0
MARGE KIRINOVIC	DIRECTOR	N/A	Director	$0	$0	$0
JILL WAY	PRESIDENT	N/A	Officer 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	$235,841	$233,025	$363,638	$2,816
2024	$223,239	$241,202	$360,208	$-17,963
2023	$255,061	$244,994	$378,817	$10,067
2022	$229,103	$252,485	$366,707	$-23,382
2021	$267,944	$214,382	$390,350	$53,562
2020	$164,561	$210,480	$337,014	$-45,919
2019	$277,780	$262,113	$383,871	$15,667
2018	$245,350	$217,401	$368,495	$27,949