Rainbow Mission Inc

EIN: 510539619 501(c)(3) Religion

Bellevue, WA

Total Revenue
$349,304
Total Expenses
$281,164
Total Assets
$496,988
Net Assets
$494,206
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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
2005
Legal Domicile
WA
Phone
2067347000
Tax Period
2023-01-01 to 2023-12-31

Rainbow Mission Inc, founded in 2005, is a small nonprofit in the Religion sector that reported $349K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $68K, a strong 20% operating margin.

Mission

Serving children with disabilities and their families in China.

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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 (2023)

Revenue Breakdown

Contributions & Grants $210,506
Program Service Revenue $70,893
Investment Income $5,525
Other Revenue $62,380
TOTAL REVENUE $349,304

Expense Breakdown

Grants Paid $0
Salaries & Benefits $136,282
Fundraising Expenses $29,225
Program Expenses $219,388
Other Expenses $144,882
TOTAL EXPENSES $281,164

Year-over-Year Comparison

2023 2022 Change
Revenue $349,304 $304,663 +0.1%
Expenses $281,164 $257,406 +0.1%
Net Income $68,140 $47,257 +0.4%
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
4
Independent Members
4
Employees
3
Volunteers
51

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rain Chan Executive Director 40.00
$76,488 $0 $76,488
Craig Walker Chairman 1.00
Officer
$0 $0 $0
Wendy Qi Secretary 0.50
Officer
$0 $0 $0
Lissa Law Board Member 1.00
Officer
$0 $0 $0
Tina Eng Board Member 2.00
Officer
$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 $349,304 $281,164 $496,988 $68,140
2022 $304,663 $257,406 $435,717 $47,257
2021 $346,417 $214,702 $385,750 $131,715
2020 $281,311 $158,142 $248,006 $123,169
2019 $249,494 $205,630 $205,757 $43,864
2018 $218,791 $219,828 $160,373 $-1,037
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