Civic Intelligence

Rainbow Adoptions International Inc

990EZ • Fiscal year 2018 • EIN 06-1590058

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 11, 2019

29 West Main StreetAvon, CT 06001

(860) 677-0032

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.08x

Higher debt load relative to assets than 76% of similar nonprofits.

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

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

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

Net Margin

72nd percentile

16%

Higher net margin than 72% of similar nonprofits.

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

Top Officer Pay

94th percentile

$58,333

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 53.0% of source-year revenue.

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

Asset Growth

90th percentile

90%

Faster asset growth than 90% of similar nonprofits.

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

Revenue Growth

61st percentile

8.5%

Faster revenue growth than 61% of similar nonprofits.

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

Assets

Up

$38,964

Up $18,411 (+90%) from 2017

Net Assets

Up

$36,007

Up $17,491 (+94%) from 2017

Liabilities

Up

$2,957

Up $920 (+45%) from 2017

Revenue

Up

$110,007

Up $8,582 (+8.5%) from 2017

Expenses

Up

$92,516

Up $15,088 (+19%) from 2017

Net Income

Down

$17,491

Down $6,506 (-27%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0-$20K-$40KAssets 2010: $3,686Liabilities 2010: $17,727Net Assets 2010: -$14,0412010Assets 2011: $4,118Liabilities 2011: $23,351Net Assets 2011: -$19,2332011Assets 2012: $3,652Liabilities 2012: $22,5632012Assets 2013: $2,931Liabilities 2013: $24,754Net Assets 2013: -$21,8232013Assets 2014: $4,213Liabilities 2014: $24,739Net Assets 2014: -$20,5262014Assets 2015: $2,717Liabilities 2015: $23,014Net Assets 2015: -$20,2972015Assets 2016: $7,882Liabilities 2016: $13,378Net Assets 2016: -$5,4962016Assets 2017: $20,553Liabilities 2017: $2,037Net Assets 2017: $18,5162017Assets 2018: $38,964Liabilities 2018: $2,957Net Assets 2018: $36,0072018Assets 2019: $54,788Liabilities 2019: $2,900Net Assets 2019: $51,8882019Assets 2020: $30,142Liabilities 2020: $3,839Net Assets 2020: $26,3032020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2018

Assets$38,964
Liabilities$2,957
Net Assets$36,007

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $44,620Expenses 2010: $47,918Net Income 2010: -$3,2982010Revenue 2011: $36,298Expenses 2011: $41,490Net Income 2011: -$5,1922011Revenue 2012: $49,431Expenses 2012: $49,109Net Income 2012: $3222012Revenue 2013: $38,563Expenses 2013: $41,475Net Income 2013: -$2,9122013Revenue 2014: $56,193Expenses 2014: $54,896Net Income 2014: $1,2972014Revenue 2015: $64,926Expenses 2015: $64,697Net Income 2015: $2292015Revenue 2016: $86,141Expenses 2016: $71,340Net Income 2016: $14,8012016Revenue 2017: $101,425Expenses 2017: $77,428Net Income 2017: $23,9972017Revenue 2018: $110,007Expenses 2018: $92,516Net Income 2018: $17,4912018Revenue 2019: $128,537Expenses 2019: $112,656Net Income 2019: $15,8812019Revenue 2020: $90,702Expenses 2020: $116,287Net Income 2020: -$25,5852020Revenue 2021: $59,266Expenses 2021: $85,569Net Income 2021: -$26,3032021

Highlighted filing

2018

Revenue$110,007
Expenses$92,516
Net Income$17,491
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 11, 2019
Return Version
2018v3.1
Gross Receipts
$110,007
Mission and Program Overview

Mission

Organization provides adoptive services in partnership with other placement agencies

Program Services

DescriptionGrantsExpenses
See schedule O for program servise accomplishments$0$92,516
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lori L SnowPresident/Exec DirectorFT$58,333-$58,333
Jack PowellVP/Secretary-$0--
Laura SandersDirector-$0--
Dr Nancy RandallDirector-$0--
Dr Ozlem CamliDirector-$0--
Filing and Contact Details

Filer

Filer Name
Rainbow Adoptions International Inc
EIN
06-1590058
Phone
8606770032
Address
29 West Main Street, Avon, CT 06001

Signing Officer

Name
Lori L Snow
Title
Executive Director
Phone
8606770032
Signed
2019-07-11
Discuss with paid preparer
Yes

Preparer

Firm
Anthony R Lanza CPA Mt
Address
PO BOX 1520, BURLINGTON, CT 06013-1520
Preparer
Anthony R Lanza
Phone
8606778680
Supplemental Narrative

Additional Explanations

Other

Form 90-EZ, Part III, Line 28: Rainbow adoptions completed 5 home studies for families in preparation for them to adopt a child or children from the U.S. foster care system. Three of those five families were matched and successfully placed with a child or sibling group.

Other

Form 990-EZ, Part III, Line 28: Domestic Newborn Adoptions (US) Rainbow Adoptions completed 17 new home study evaluations for families in preparation for their adoption of newborn babies from the U.S.

Other

Form 990-EZ, Part III, Line 28: International Adoptions. Rainbow Adoptions completed 1 home study for families trying to adopt a child from the Ukraine and 1 home study update for Ghana.

Other

From 990-EZ, Part III, Line 28: Post-Placement Services (U.S. and International) Rainbow Adoptions provided post-placement supervision to 19 families.

Other

Form 990-EZ Part III, Line 28: Other Services Rainbow Adoptions saw 18 families for intake sessions during 2018, although not all new families seek to participate in an intake session nor do all intakes follow through in completing the home study process. We offer these intakes without cost to the families but provides them with early education as they explore their options for adoption.

Other

Form 990-EZ Part III, Line 28: Adoption Finalizations. Rainbow Adoptions particapated in the finalization of 9 private newborn adoptions in 2018.

Other

Rainbow Adoptions attended 6 disclosure meetings with familities who were considering adopting through the interstate foster care system.

Form 990EZ, Part I, Line 16

Advertising 4448.

Form 990EZ, Part I, Line 16

Bank fees 60.

Form 990EZ, Part I, Line 16

Dues 152.

Form 990EZ, Part I, Line 16

Education 656.

Form 990EZ, Part I, Line 16

Insurance 6052.

Form 990EZ, Part I, Line 16

Licenses & permits 780.

Form 990EZ, Part I, Line 16

Office expenses 1762.

Form 990EZ, Part I, Line 16

Outside services

Form 990EZ, Part I, Line 16

Payroll taxes 4831.

Form 990EZ, Part I, Line 16

Travel 4292.

Form 990EZ, Part I, Line 16

Telephone 3404.

Form 990EZ, Part I, Line 16

Miscellaneous 47.

Form 990EZ, Part II, Line 24

Furniture 1739. 2114.

Raw XML Appendix226 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/ExplanationTxt0Form 90-EZ, Part III, Line 28: Rainbow adoptions completed 5 home studies for families in preparation for them to adopt a child or children from the U.S. foster care system. Three of those five families were matched and successfully placed with a child or sibling group.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990-EZ, Part III, Line 28: Domestic Newborn Adoptions (US) Rainbow Adoptions completed 17 new home study evaluations for families in preparation for their adoption of newborn babies from the U.S.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990-EZ, Part III, Line 28: International Adoptions. Rainbow Adoptions completed 1 home study for families trying to adopt a child from the Ukraine and 1 home study update for Ghana.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3From 990-EZ, Part III, Line 28: Post-Placement Services (U.S. and International) Rainbow Adoptions provided post-placement supervision to 19 families.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Form 990-EZ Part III, Line 28: Other Services Rainbow Adoptions saw 18 families for intake sessions during 2018, although not all new families seek to participate in an intake session nor do all intakes follow through in completing the home study process. We offer these intakes without cost to the families but provides them with early education as they explore their options for adoption.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Form 990-EZ Part III, Line 28: Adoption Finalizations. Rainbow Adoptions particapated in the finalization of 9 private newborn adoptions in 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Rainbow Adoptions attended 6 disclosure meetings with familities who were considering adopting through the interstate foster care system.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Advertising 4448.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Bank fees 60.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Dues 152.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Education 656.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Insurance 6052.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Licenses & permits 780.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Office expenses 1762.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Outside services
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Payroll taxes 4831.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Travel 4292.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Telephone 3404.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Miscellaneous 47.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Furniture 1739. 2114.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part II, Line 24
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Lori L Snow
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum08606770032
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Rainbow Adoptions International Inc
ReturnHeader/Filer/BusinessNameControlTxt0RAIN
ReturnHeader/Filer/EIN0061590058
ReturnHeader/Filer/PhoneNum08606770032
ReturnHeader/Filer/USAddress/AddressLine1Txt029 West Main Street
ReturnHeader/Filer/USAddress/CityNm0Avon
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006001
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ReturnHeader/FilingSecurityInformation/IPDt02019-07-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm008:46:53
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANTHONY R LANZA CPA MT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1520
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BURLINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0060131520
ReturnHeader/PreparerPersonGrp/PhoneNum08606778680
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Anthony R Lanza
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-07-11T08:46:56-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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