RAINBOW HIL APARTMENTS INC (EIN 731127500) - 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

Principal Officer

DAVID S NICKEL

Phone

9183332244

Tax Period

2024-03-01 to 2025-02-28

RAINBOW HIL APARTMENTS INC is a micro nonprofit in the Housing & Shelter sector that reported $75K in total revenue in fiscal year 2024. Revenue fell 95% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $64K, a strong 85% operating margin.

Mission

TO PROVIDE LOW-COST HOUSING FOR MODERATELY TO SEVERELY HANDICAPPED PERSONS IN OKLAHOMA CITY, OK.

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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 $0

Program Service Revenue $0

Investment Income $34,735

Other Revenue $40,145

TOTAL REVENUE $74,880

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $8,848

Other Expenses $11,173

TOTAL EXPENSES $11,173

Year-over-Year Comparison

	2024	2023	Change
Revenue	$74,880	$1,499,575	-1.0%
Expenses	$11,173	$154,475	-0.9%
Net Income	$63,707	$1,345,100	-1.0%

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

N/A

Volunteers

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID S NICKEL	PRESIDENT	0.50	Officer Director	$0	$0	$0
JAMES E WEBB	VICE-PRESIDE	0.50	Officer Director	$0	$0	$0
THOMAS A GORMAN	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
THAD KENT	MEMBER	0.50		$0	$0	$0
JOHN GORMAN	MEMBER	0.50		$0	$0	$0
SAM HILL	MEMBER	0.50		$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	$74,880	$11,173	$1,895,691	$63,707
2024	$1,499,575	$154,475	$1,392,999	$1,345,100
2023	$229,144	$194,594	$209,677	$34,550
2022	$225,901	$166,994	$236,043	$58,907
2021	$213,878	$160,605	$238,373	$53,273
2020	$208,655	$191,454	$277,483	$17,201
2019	$201,959	$174,390	$300,273	$27,569

RAINBOW HIL APARTMENTS INC