THE RAINBOW MOVEMENT INC

EIN: 844836253 501(c)(3)

CAPE CORAL, FL

Total Revenue
$681,378
Total Expenses
$326,478
Total Assets
N/A
Net Assets
N/A
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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
2020
Legal Domicile
FL
Principal Officer
WILLIAM ULRICH
Phone
8778295500
Tax Period
2021-01-01 to 2021-12-31

THE RAINBOW MOVEMENT INC, founded in 2020, is a small nonprofit that reported $681K in total revenue in fiscal year 2021. The organization ran a surplus of $355K, a strong 52% operating margin.

Mission

USE VIDEO AND MEDIA TO PROMOTE AND RAISE FUNDS FOR OTHER CHARITABLE ORGANIZATIONS AND EDUCATES PEOPLE ABOUT RAINBOWS, MIRACLES AND EXTRAORDINARY EXPERIENCES.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $680,370
Program Service Revenue $1,008
Investment Income $0
Other Revenue $0
TOTAL REVENUE $681,378

Expense Breakdown

Grants Paid $398
Salaries & Benefits $0
Fundraising Expenses $33,301
Program Expenses $245,230
Other Expenses $326,080
TOTAL EXPENSES $326,478

Year-over-Year Comparison

2021 2020 Change
Revenue $681,378 N/A N/A
Expenses $326,478 N/A N/A
Net Income $354,900 $0 N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN VERLEY DIRECTOR 35.00
Director
$0 $0 $0
KELLY SCARAFONE DIRECTOR 15.00
Director
$0 $0 $0
MICHAEL JOYCE DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM ULRICH PRESIDENT & FOUNDER 60.00
Officer
$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
2021 $681,378 $326,478 No data $354,900
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