RAINBOW VILLAGE INC (EIN 582181183) - 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

1991

Legal Domicile

Principal Officer

MELANIE CONNER

Phone

7704971888

Tax Period

2024-01-01 to 2024-12-31

RAINBOW VILLAGE INC, founded in 1991, is a community nonprofit in the Housing & Shelter sector that reported $7.0M in total revenue in fiscal year 2024. Revenue surged 120% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.6M, a strong 66% operating margin.

Mission

TO TRANSFORM THE LIVES OF FAMILIES EXPERIENCING HOMELESSNESS BY PROVIDING HELP, HOPE, HOUSING AND HEALING IN ORDER TO INSTILL INITIATIVE, SELF-DEVELOPMENT AND ACCOUNTABILITY THAT WILL FOSTER MEANINGFUL GROWTH IN THE LIVES OF ALL WHO ENCOUNTER RAINBOW VILLAGE.

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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 $6,612,581

Program Service Revenue $151,349

Investment Income $153,108

Other Revenue $41,378

TOTAL REVENUE $6,958,416

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,104,691

Fundraising Expenses $451,504

Program Expenses $1,675,889

Other Expenses $1,274,476

TOTAL EXPENSES $2,379,167

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,958,416	$3,157,376	+1.2%
Expenses	$2,379,167	$2,290,992	+0.0%
Net Income	$4,579,249	$866,384	+4.3%

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

307

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

$252,534

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHE REAMS	CHAIR	2.00	Director	$0	$0	$0
MICHELLE LIVINGSTONE	VICE CHAIR	2.00	Director	$0	$0	$0
MONA REISER ARMSTRONG	SECRETARY	2.00	Director	$0	$0	$0
PAUL CULBRETH	TREASURER	2.00	Director	$0	$0	$0
DEBBIE BILBRO	BOARD MEMBER	2.00	Director	$0	$0	$0
JAN MARTINEZ	BOARD MEMBER	2.00	Director	$0	$0	$0
DEAN COLLINS	BOARD MEMBER	2.00	Director	$0	$0	$0
CHERYL DELUCCA-JOHNSON	BOARD MEMBER	2.00	Director	$0	$0	$0
CHARNETTE BROWN	BOARD MEMBER	2.00	Director	$0	$0	$0
SUSIE COLLAT	BOARD MEMBER	2.00	Director	$0	$0	$0
JILL EDWARDS	BOARD MEMBER	2.00	Director	$0	$0	$0
STEVE EMERT	BOARD MEMBER	2.00	Director	$0	$0	$0
INDRAN INDRAKRISHNAN MD	BOARD MEMBER	2.00	Director	$0	$0	$0
DR JANN L JOSEPH	BOARD MEMBER	2.00	Director	$0	$0	$0
DEBORAH LATHAM	BOARD MEMBER	2.00	Director	$0	$0	$0
CG MCBRIDE	BOARD MEMBER	2.00	Director	$0	$0	$0
JACQUELINE NEILSON	BOARD MEMBER	2.00	Director	$0	$0	$0
JAN TRANTHAM	BOARD MEMBER	2.00	Director	$0	$0	$0
DEON TUCKER	BOARD MEMBER	2.00	Director	$0	$0	$0
LINDA WATSON HILL	BOARD MEMBER	2.00	Director	$0	$0	$0
MELANIE CONNER	CHIEF EXECUTIVE OFFICER	40.00	Officer	$149,927	$3,453	$153,380
ROBERT LAWS	CHIEF OPERATIONS OFFICER	40.00	Officer	$95,554	$3,600	$99,154

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	$6,958,416	$2,379,167	$14,839,800	$4,579,249
2023	$3,157,376	$2,290,992	$10,132,167	$866,384
2022	$2,066,413	$1,956,298	$9,183,223	$110,115
2021	$2,152,472	$1,978,345	$9,090,525	$174,127
2020	$1,991,654	$1,840,314	$8,870,345	$151,340
2019	$2,215,669	$1,998,907	$8,676,874	$216,762
2018	$1,537,215	$1,928,247	$8,537,314	$-391,032

RAINBOW VILLAGE INC