Civic Intelligence

Rainbow Housing Corporation

EIN 01-0812234 • 501(c)3 • Miami, FL

Profile

To develop adequate housing for low income housing for Miami Dade County and increase social and economic opportunities for the Overtown area and to assist the Rainbow CDC.

2043 NW 4th CourtMiami, FL 33127

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

2nd percentile

-1942%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

89th percentile

$25,400

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 720.8% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

27th percentile

-30%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

8th percentile

-88%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$197,708

Down $85,190 (-30%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

Down

$197,708

Down $85,190 (-30%) from 2017

Revenue

Down

$3,524

Down $25,135 (-88%) from 2017

Expenses

Up

$71,955

Up $28,170 (+64%) from 2017

Net Income

Down

-$68,431

Down $53,305 (-352%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $159,494Liabilities 2011: $02011Assets 2012: $146,426Liabilities 2012: $02012Assets 2013: $127,539Liabilities 2013: $02013Assets 2014: $5,677Liabilities 2014: $0Net Assets 2014: $5,6772014Assets 2015: $24,982Liabilities 2015: $14,000Net Assets 2015: $10,9822015Assets 2016: $292,888Liabilities 2016: $0Net Assets 2016: $292,8882016Assets 2017: $282,898Liabilities 2017: $0Net Assets 2017: $282,8982017Assets 2018: $197,708Liabilities 2018: $0Net Assets 2018: $197,7082018

Highlighted filing

2018

Assets$197,708
Liabilities$0
Net Assets$197,708

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100K-$200KRevenue 2011: $64Expenses 2011: $320Net Income 2011: -$2562011Revenue 2012: $32Expenses 2012: $13,100Net Income 2012: -$13,0682012Revenue 2013: $69,009Expenses 2013: $87,896Net Income 2013: -$18,8872013Revenue 2014: $4Expenses 2014: $121,866Net Income 2014: -$121,8622014Revenue 2015: $25,005Expenses 2015: $19,700Net Income 2015: $5,3052015Revenue 2016: $29,268Expenses 2016: $41,151Net Income 2016: -$11,8832016Revenue 2017: $28,659Expenses 2017: $43,785Net Income 2017: -$15,1262017Revenue 2018: $3,524Expenses 2018: $71,955Net Income 2018: -$68,4312018

Highlighted filing

2018

Revenue$3,524
Expenses$71,955
Net Income-$68,431

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 4, 2019
Return Version
2018v3.1
Gross Receipts
$54,953
Mission and Program Overview

Mission

To develop adequate housing for low income housing for Miami Dade County and increase social and economic opportunities for the Overtown area and to assist the Rainbow CDC.

Program Services

DescriptionGrantsExpenses
To develop adequate housing for low-income peopleand assist in other community development activitiesin Miami-Dade County.$20,340$20,340
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lucille RichExecutive DirectorPT$25,400-$25,400
Richard L Marquess-BarryC.E.O.PT$18,750-$18,750
Janis SandersV.P.-$0--
Arnette HepburnTreasurer-$0--
Lionel FergusonDirector-$0--
Karen CartwrightDirector-$0--
George DavisDirector-$0--
Normajean WalkerDirector-$0--
Santa CravattDirector-$0--
Filing and Contact Details

Filer

Filer Name
Rainbow Housing Corporation
EIN
01-0812234
Phone
3055736885
Address
2043 NW 4th Court, Miami, FL 33127

Signing Officer

Name
Lucille Rich
Title
Executive Director
Phone
3055736885
Signed
2019-11-04
Discuss with paid preparer
Yes

Preparer

Firm
D Moss & Associates LLC
Address
7900 Oak Lane 400, Miami Lakes, FL 33016
Preparer
Dana M Moss Sr CPA
Phone
3053321215
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

Funding to assist Rainbow CDC in its core mission; Program Services; Rainbow CDC: 2043 NW 4th Court, Miami, FL, 33127; Creator, 24340.

Form 990EZ, Part I, Line 16

Supplies 21.

Form 990EZ, Part I, Line 16

Investment account fees 2844.

Form 990EZ, Part I, Line 16

Bad Debt Expense

Form 990EZ, Part I, Line 20

Adjustment to reflect change in Investment Value not recognized -16759.

Raw XML Appendix204 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Funding to assist Rainbow CDC in its core mission; Program Services; Rainbow CDC: 2043 NW 4th Court, Miami, FL, 33127; Creator, 24340.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Supplies 21.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Investment account fees 2844.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 20
ReturnHeader/BuildTS02020-03-31 21:24:44Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Lucille Rich
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum03055736885
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ReturnHeader/Filer/PhoneNum03055736885
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ReturnHeader/FilingSecurityInformation/IPDt02019-11-13
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ReturnHeader/FilingSecurityInformation/IPTm017:35:10
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07900 Oak Lane 400
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
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ReturnHeader/PreparerPersonGrp/PhoneNum03053321215
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dana M Moss Sr CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-11-13T17:35:18-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits