RAINBOW WELLNESS COLLECTIVE INC (EIN 931723195) - 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

Phone

3204061588

Tax Period

2024-01-01 to 2024-12-31

RAINBOW WELLNESS COLLECTIVE INC is a micro nonprofit that reported $59K in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. Expenses of $65K exceeded revenue, resulting in a 10% operating deficit.

Mission

To foster a vibrant and inclusive environment where individuals of the 2SLGBTQIA+ community thrive, find empowerment, and lead fulfilling and affirming lives through our comprehensive range of services, dynamic programming, and robust community engagement initiatives.

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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 $35,335

Program Service Revenue $4,200

Investment Income $0

Other Revenue $19,725

TOTAL REVENUE $59,260

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,403

Fundraising Expenses $0

Program Expenses $51,487

Other Expenses $17,036

TOTAL EXPENSES $65,439

Year-over-Year Comparison

	2024	2023	Change
Revenue	$59,260	$32,057	+0.8%
Expenses	$65,439	$887	+72.8%
Net Income	$-6,179	$31,170	-1.2%

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

N/A

Employees

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

$25,962

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER POTTER-VIG	Executive Dir.	20.00	Officer	$25,962	$0	$25,962
SEAL DWYER	MEMBER	40.00	Director	$0	$0	$0
TONI RAKKE	MEMBER	20.00	Director	$0	$0	$0
AMANDA BRECZINSKI	Treasurer	20.00	Officer	$0	$0	$0
MICHAEL LIBBY	Chairman	20.00	Officer	$0	$0	$0
KRISTINE HOLLINGSWORTH	Secretary	20.00	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
2025	No data	No data	No data	No data
2024	$59,260	$65,439	$651,420	$-6,179
2023	$32,057	$887	$672,249	$31,170

RAINBOW WELLNESS COLLECTIVE INC