RAINBOW OF CHALLENGES INC (EIN 710417425) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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

Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

JUDY WATSON

Phone

8707221205

Tax Period

2024-07-01 to 2025-06-30

Rainbow of Challenges Inc, founded in 1983, is a mid-sized nonprofit that reported $14.7M in total revenue in fiscal year 2018. Expenses of $14.0M left a modest 4% surplus.

Mission

DISCOVERING OPPORTUNITIES THAT INSPIRE LIVES...WHATEVER IT TAKES!

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $236,312

Program Service Revenue $14,978,492

Investment Income $282,295

Other Revenue $84,809

TOTAL REVENUE $15,581,908

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,600,774

Fundraising Expenses $0

Program Expenses $13,818,687

Other Expenses $3,565,556

TOTAL EXPENSES $15,166,330

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,581,908	$16,006,865	0.0%
Expenses	$15,166,330	$15,024,367	+0.0%
Net Income	$415,578	$982,498	-0.6%

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

Governance

Voting Members

Independent Members

Employees

512

Volunteers

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

$260,106

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUDY WATSON	ROC PRESIDENT/CEO	30.00	Officer	$140,243	$16,548	$156,791
TERESA PORTER	CFO	30.00	Officer	$86,246	$17,069	$103,315
BECKY WILLIAMS	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN RICHARDSON	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
SHANNON HAWTHORNE	SECRETARY	1.00	Officer Director	$0	$0	$0
KYLA HAMILTON	TREASURER	1.00	Officer Director	$0	$0	$0
DENNIS RAMSEY	DIRECTOR	1.00	Director	$0	$0	$0
CLAY LANCE	DIRECTOR	1.00	Director	$0	$0	$0
TREVOR COFFEE	DIRECTOR	1.00	Director	$0	$0	$0
FLOYD YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
JOHN HOLLIS	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH MULDREW	DIRECTOR	1.00	Director	$0	$0	$0
LAURA BETH MARTIN	DIRECTOR	1.00	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	$15,581,908	$15,166,330	$20,154,058	$415,578
2024	$16,006,865	$15,024,367	$19,571,125	$982,498
2023	$22,325,532	$17,339,739	$18,667,475	$4,985,793
2022	$15,809,301	$14,457,803	$14,503,982	$1,351,498
2021	$17,492,863	$13,905,561	$13,175,371	$3,587,302
2020	$15,213,435	$14,146,680	$12,938,265	$1,066,755
2019	$14,660,005	$14,025,088	$10,319,758	$634,917

RAINBOW OF CHALLENGES INC