RAINBOW OMEGA INC

EIN: 631036500 501(c)(3) Human Services

EASTABOGA, AL

Total Revenue
$8,393,403
Total Expenses
$8,793,268
Total Assets
$10,918,119
Net Assets
$7,931,716
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
AL
Principal Officer
DR VANCE MOORE
Phone
2568310919
Tax Period
2023-10-01 to 2024-09-30

RAINBOW OMEGA INC, founded in 1991, is a community nonprofit in the Human Services sector that reported $6.5M in total revenue in fiscal year 2017.

Mission

PROVIDE GROUP HOMES FOR DEVELOPMENTALLY DISABLED ADULTS IN A CARING AND NURTURING ENVIRONMENT.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,372,451
Program Service Revenue $5,848,382
Investment Income $13,878
Other Revenue $158,692
TOTAL REVENUE $8,393,403

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,984,200
Fundraising Expenses $69,812
Program Expenses $7,514,208
Other Expenses $2,809,068
TOTAL EXPENSES $8,793,268

Year-over-Year Comparison

2023 2022 Change
Revenue $8,393,403 $8,297,847 +0.0%
Expenses $8,793,268 $8,904,213 0.0%
Net Income $-399,865 $-606,366 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
191
Volunteers
300

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
5
$132,844
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR VANCE MOORE BOARD CHAIRMAN 0.00
Officer Director
$0 $0 $0
JEFF HELMS BOARD VICE-CHAIRMAN 0.00
Officer Director
$0 $0 $0
MONA JENKINS BOARD SECRETARY 0.00
Officer Director
$0 $0 $0
CLAY BLACKWELL BOARD TREASURER 0.00
Officer Director
$0 $0 $0
SARAH HUBBARD-ARTHURS BOARD MEMBER 0.00
Director
$0 $0 $0
REMELLE ORMAN-DAVIS BOARD MEMBER 0.00
Director
$0 $0 $0
LESLIE JEWELL BOARD MEMBER 0.00
Director
$0 $0 $0
JUSTIN LACKEY BOARD MEMBER 0.00
Director
$0 $0 $0
JEFF SPEEGLE BOARD MEMBER 0.00
Director
$0 $0 $0
MATT VEGA BOARD MEMBER 0.00
Director
$0 $0 $0
GINA WOMACK BOARD MEMBER 0.00
Director
$0 $0 $0
TIM HODGE CEO 40.00
Officer
$117,817 $15,027 $132,844
SHERETTA VANN HOUSE MANAGER 40.00
Highest
$132,851 $0 $132,851
CONSTANCE M TERRELL HOUSE MANAGER 40.00
Highest
$110,782 $0 $110,782
EDITH ROBERSON NURSE SUPERVISOR 40.00
Highest
$109,945 $0 $109,945
MARY F BUTLER NURSE SUPERVISOR 40.00
Highest
$105,145 $0 $105,145
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 $8,393,403 $8,793,268 $10,918,119 $-399,865
2023 $8,297,847 $8,904,213 $11,206,060 $-606,366
2022 $8,278,220 $8,224,257 $11,510,079 $53,963
2021 $8,832,059 $7,269,358 $11,930,247 $1,562,701
2020 $8,618,263 $7,095,640 $11,399,788 $1,522,623
2019 $7,899,810 $6,609,456 $9,411,021 $1,290,354
2018 $6,498,608 $6,310,964 $8,205,479 $187,644
Explore More Nonprofits
Top 100 Nonprofits in Alabama Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RAINBOW OMEGA INC with other nonprofits in Alabama and across the country.