RAINBOW EXPRESS MINISTRIES (EIN 471694334) - 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

2014

Legal Domicile

Principal Officer

Laurie Little

Phone

7046141175

Tax Period

2023-01-01 to 2023-12-31

RAINBOW EXPRESS MINISTRIES, founded in 2014, is a small nonprofit in the Religion sector that reported $388K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $2.6M represent 81 months of operating reserves.

Mission

Our purpose is to equip and nurture a community so that it reflects the involvement, gifts, and value of young adults with and without disabilities, by providing opportunities for belonging and education.

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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 $315,883

Program Service Revenue $76,700

Investment Income $0

Other Revenue $-4,170

TOTAL REVENUE $388,413

Expense Breakdown

Grants Paid $0

Salaries & Benefits $229,232

Fundraising Expenses $13,962

Program Expenses $317,136

Other Expenses $166,428

TOTAL EXPENSES $395,660

Year-over-Year Comparison

	2023	2022	Change
Revenue	$388,413	$355,566	+0.1%
Expenses	$395,660	$331,483	+0.2%
Net Income	$-7,247	$24,083	-1.3%

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

150

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
Laurie Little	Director	60	Director	$0	$0	$0
Thomas Little Jr	Board Member	3	Director	$0	$0	$0
Daniel Bowes	Board Member	3	Director	$0	$0	$0
Ruth Cooley	Board Member	3	Director	$0	$0	$0
Fred DeVore	Board Member	3	Director	$0	$0	$0
Dawn Riehm	Board Member	3	Director	$0	$0	$0
John Ross	Board Member	3	Director	$0	$0	$0
Cary Sherck	Board Member	3	Director	$0	$0	$0
Michael Sherck	Board Member	3	Director	$0	$0	$0
Patricia Tanger	Board Member	3	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	$388,413	$395,660	$2,617,998	$-7,247
2022	$355,566	$331,483	$2,622,133	$24,083
2021	$1,020,282	$230,623	$2,601,690	$789,659
2020	$317,571	$205,216	$1,811,530	$112,355

RAINBOW EXPRESS MINISTRIES