RYKERS RAINBOW

EIN: 853542549 501(c)(3) Human Services

OWENS CROSS ROADS, AL

Total Revenue
$356,533
Total Expenses
$224,805
Total Assets
$292,029
Net Assets
$292,029
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
AL
Principal Officer
HANS SCHOFF
Tax Period
2024-01-01 to 2024-12-31

RYKERS RAINBOW, founded in 2020, is a micro nonprofit in the Human Services sector that reported $87K in total revenue in fiscal year 2022. Revenue surged 106% from the prior year, signaling strong growth momentum. The organization ran a surplus of $36K, a strong 42% operating margin.

Mission

SEE ORGANIZATIONS PRIMARY EXEMPT PURPOSE ON SCHEDULE O

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $355,006
Program Service Revenue $0
Investment Income $1,527
Other Revenue $0
TOTAL REVENUE $356,533

Expense Breakdown

Grants Paid $58,636
Salaries & Benefits $0
Fundraising Expenses $132,906
Program Expenses $91,899
Other Expenses $166,169
TOTAL EXPENSES $224,805

Year-over-Year Comparison

2024 2023 Change
Revenue $356,533 $209,843 +0.7%
Expenses $224,805 $115,344 +0.9%
Net Income $131,728 $94,499 +0.4%
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
2
Independent Members
2
Employees
N/A
Volunteers
30

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HANS SCHOFF DIRECTOR 0.00
Officer
$0 $0 $0
LACEY SCHOFF DIRECTOR 0.00
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
2024 $356,533 $224,805 $292,029 $131,728
2023 $209,843 $115,344 $160,301 $94,499
2022 $87,210 $50,907 $43,247 $36,303
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