RAINBOW PLACE SHELTER FOR HOMELESS WOMEN INC (EIN 475082306) - 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

2016

Legal Domicile

Principal Officer

OLUSINA ADEBAYO

Phone

3017621496

Tax Period

2024-07-01 to 2025-06-30

RAINBOW PLACE SHELTER FOR HOMELESS WOMEN INC, founded in 2016, is a small nonprofit in the Housing & Shelter sector that reported $545K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $87K, a strong 16% operating margin.

Mission

SEE PART III, LINE 1.

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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 $491,948

Program Service Revenue $0

Investment Income $22,925

Other Revenue $30,197

TOTAL REVENUE $545,070

Expense Breakdown

Grants Paid $0

Salaries & Benefits $346,489

Fundraising Expenses $60,023

Program Expenses $247,090

Other Expenses $101,436

TOTAL EXPENSES $458,260

Year-over-Year Comparison

	2024	2023	Change
Revenue	$545,070	$453,706	+0.2%
Expenses	$458,260	$340,196	+0.3%
Net Income	$86,810	$113,510	-0.2%

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

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

$109,931

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VIRGINIA DESEAU	PRESIDENT	1.50	Officer Director	$0	$0	$0
JENNIFER BALDWIN	VICE PRESIDENT (UNTIL 09/2024)	1.50	Officer Director	$0	$0	$0
OYEBISI OLATOYE	VICE PRESIDENT (FROM 10/2024)	1.50	Officer Director	$0	$0	$0
RICHARD STOLZ	SECRETARY (UNTIL 12/2024)	1.50	Officer Director	$0	$0	$0
DAN DELLON	TREASURER	1.50	Officer Director	$0	$0	$0
NATALIE ROBINSON BABANIYI	DIRECTOR (FROM 12/2024)	1.50	Director	$0	$0	$0
MANUEL GERALDO	DIRECTOR (FROM 6/2025)	1.50	Director	$0	$0	$0
KAREN KENDRA HOLMES	DIRECTOR (FROM 10/2024)	1.50	Director	$0	$0	$0
ANDREW MESSICK	DIRECTOR (UNTIL 09/2024)	1.50	Director	$0	$0	$0
CHRISTINE NGUYEN	DIRECTOR	1.50	Director	$0	$0	$0
DOMINIQUE OLIVER	DIRECTOR (UNTIL 10/2024)	1.50	Director	$0	$0	$0
EVELYN SAIM-LOBOS	DIRECTOR (UNTIL 09/2024)	1.50	Director	$0	$0	$0
ANN SELTZ	DIRECTOR (FROM 10/2024)	1.50	Director	$0	$0	$0
AMY SHAW	DIRECTOR (FROM 12/2024)	1.50	Director	$0	$0	$0
RACHEL ZUTSHI	DIRECTOR (FROM 1/2025)	1.50	Director	$0	$0	$0
DAN BAKER	DIRECTOR	1.50	Director	$0	$0	$0
OLUSINA ADEBAYO	EXECUTIVE DIRECTOR	40.00	Officer	$109,931	$0	$109,931

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	$545,070	$458,260	$868,740	$86,810
2024	$453,706	$340,196	$776,614	$113,510
2023	$315,710	$203,401	$658,997	$112,309
2022	$395,345	$318,831	$545,931	$76,514
2021	$704,790	$365,640	$463,917	$339,150
2020	$327,648	$366,337	$174,712	$-38,689
2019	$314,874	$279,061	$147,378	$35,813

RAINBOW PLACE SHELTER FOR HOMELESS WOMEN INC