Rainbow Soccer LTD (EIN 561030908) - 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

1973

Legal Domicile

Principal Officer

Mike Hickey

Phone

9199678797

Tax Period

2024-06-01 to 2025-05-31

Rainbow Soccer LTD, founded in 1973, is a small nonprofit in the Recreation & Sports sector that reported $428K in total revenue in fiscal year 2024.

Mission

The exempt purpose is to offer soccer education and recreation to children regardless of age or skill level.

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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 $29,063

Program Service Revenue $391,396

Investment Income $7,455

Other Revenue $0

TOTAL REVENUE $427,914

Expense Breakdown

Grants Paid $0

Salaries & Benefits $154,557

Fundraising Expenses $221

Program Expenses $391,691

Other Expenses $276,410

TOTAL EXPENSES $430,967

Year-over-Year Comparison

	2024	2023	Change
Revenue	$427,914	$409,437	+0.0%
Expenses	$430,967	$383,561	+0.1%
Net Income	$-3,053	$25,876	-1.1%

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

523

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

$103,596

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mike Hickey	Executive Director	030.00	Director	$51,637	$4,796	$56,433
John Kepley	Program Director	030.00	Director	$47,163	$0	$47,163
Ted Calhoun	Board President	000.20	Officer Director	$0	$0	$0
Wilma Rivera	Board Vice President	000.20	Officer Director	$0	$0	$0
Joel Lloyd	Board Treasurer	000.20	Officer Director	$0	$0	$0
Toland Barfield	Board Secretary	000.20	Officer Director	$0	$0	$0
Catherine Duncan	Board Member	000.20	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	$427,914	$430,967	$574,102	$-3,053
2024	$409,437	$383,561	$566,883	$25,876
2023	$674,807	$417,980	$545,591	$256,827
2022	$415,720	$346,376	$286,923	$69,344
2021	$185,038	$245,779	$238,049	$-60,741
2020	$298,022	$320,289	$298,348	$-22,267
2019	$333,528	$338,229	$294,254	$-4,701

Rainbow Soccer LTD