GOLDEN RAINBOW OF NEVADA INC (EIN 943092947) - 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

Formation Year

1987

Legal Domicile

Principal Officer

GARY COSTA

Phone

7023842899

Tax Period

2023-10-01 to 2024-09-30

GOLDEN RAINBOW OF NEVADA INC, founded in 1987, is a small nonprofit that reported $721K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $817K exceeded revenue, resulting in a 13% operating deficit.

Mission

GOLDEN RAINBOW PROVIDES HOUSING AND DIRECT FINANCIAL ASSISTANCE TO MEN, WOMEN, AND CHILDREN LIVING WITH HIV/AIDS IN SOUTHERN NEVADA. GOLDEN RAINBOW IS ALSO DEDICATED TO SUPPORTING HIV/AIDS RELATED EDUCATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $582,450

Program Service Revenue $137,433

Investment Income $3

Other Revenue $1,055

TOTAL REVENUE $720,941

Expense Breakdown

Grants Paid $133,641

Salaries & Benefits $321,794

Fundraising Expenses $147,979

Program Expenses $537,157

Other Expenses $361,343

TOTAL EXPENSES $816,778

Year-over-Year Comparison

	2023	2022	Change
Revenue	$720,941	$560,956	+0.3%
Expenses	$816,778	$743,243	+0.1%
Net Income	$-95,837	$-182,287	-0.5%

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

Volunteers

119

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

$101,665

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY COSTA	EXECUTIVE DI	40.00	Officer	$96,700	$4,965	$101,665
PIETRA SARDELLI	PRESIDENT/SE	2.00	Officer Director	$0	$0	$0
TRAVIS REED	TREASURER	2.00	Officer Director	$0	$0	$0
JAMIE MORRIS	BOARD MEMBER	2.00	Director	$0	$0	$0
CHERYL BREWSTER	BOARD MEMBER	2.00	Director	$0	$0	$0
KEVIN SMITH	BOARD MEMBER	2.00	Director	$0	$0	$0
CHARLES SCOTT EMERSON	BOARD MEMBER	1.00	Director	$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	$720,941	$816,778	$1,475,351	$-95,837
2023	$560,956	$743,243	$1,552,692	$-182,287
2022	$1,494,783	$693,640	$1,640,931	$801,143
2021	$678,850	$677,150	$806,334	$1,700
2020	$570,156	$668,662	$826,129	$-98,506
2019	$492,802	$548,776	$792,128	$-55,974
2019	$491,875	$558,167	$790,928	$-66,292
2018	$512,427	$610,872	$840,628	$-98,445

GOLDEN RAINBOW OF NEVADA INC