MORGANTOWN, WV
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Project Rainbow, founded in 2022, is a small nonprofit in the Housing & Shelter sector that reported $304K in total revenue in fiscal year 2025. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $399K exceeded revenue, resulting in a 31% operating deficit.
Project Rainbow provides low-barrier emergency shelter street outreach and supportive services for individuals experiencing homelessness in West Virginia. The organization creates safe and affirming spaces where participants can access housing support healthcare referrals and essential resources to move toward stability and permanent housing.
Project Rainbow operates a shelter called Rainbow House which provides a safe low-barrier place for individuals to stay while they work toward stability.
Project Rainbows outreach program engages people who are unsheltered providing harm reduction support HIV prevention resources and connections to services and pathways to shelter or housing.
Project Rainbows food access initiative ensures that individuals have consistent access to meals and basic nourishment while they stabilize and work toward housing.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $303,773 | $230,190 | +0.3% |
| Expenses | $399,222 | $175,940 | +1.3% |
| Net Income | $-95,449 | $54,250 | -2.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Erin Shelton | Executive Director | 50.00 |
Officer
|
$26,025 | $0 | $26,025 |
| Jodi Sine | Treasurer | 10.00 |
Officer
|
$10,990 | $0 | $10,990 |
| Shana Reed | Board President | 5.00 |
Officer
|
$0 | $0 | $0 |
| Keith Pollard | Board Policy Chair | 5.00 |
Officer
|
$0 | $0 | $0 |
| Gillie GIll | Board Web Developer | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $303,773 | $399,222 | $93,288 | $-95,449 |
| 2024 | $230,190 | $175,940 | $109,023 | $54,250 |
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