Civic Intelligence

Reece'S Rainbow Down Syndrome Adoption Grant Foundation

990 • Fiscal year 2014 • EIN 20-5466141

Jan 01, 2014 to Dec 31, 2014 • Filed on Feb 15, 2016

PO Box 277Monrovia, MD 21770

(678) 357-5391

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

16th percentile

0.00x

Higher debt load relative to revenue than 16% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

52nd percentile

3.3%

Higher net margin than 52% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

40th percentile

$35,722

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

57th percentile

4.1%

Faster asset growth than 57% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

61st percentile

8.7%

Faster revenue growth than 61% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$2,471,487

Up $96,969 (+4.1%) from 2013

Net Assets

Up

$2,464,079

Up $89,561 (+3.8%) from 2013

Liabilities

Up

$7,408

Up $7,408 from 2013

Revenue

Up

$2,678,852

Up $214,701 (+8.7%) from 2013

Expenses

Up

$2,589,291

Up $621,467 (+32%) from 2013

Net Income

Down

$89,561

Down $406,766 (-82%) from 2013

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,311,671Liabilities 2011: $0Net Assets 2011: $1,311,6712011Assets 2012: $1,878,191Liabilities 2012: $0Net Assets 2012: $1,878,1912012Assets 2013: $2,374,518Liabilities 2013: $0Net Assets 2013: $2,374,5182013Assets 2014: $2,471,487Liabilities 2014: $7,408Net Assets 2014: $2,464,0792014Assets 2015: $2,155,159Liabilities 2015: $0Net Assets 2015: $2,155,1592015Assets 2016: $2,064,000Liabilities 2016: $0Net Assets 2016: $2,064,0002016Assets 2017: $2,004,544Liabilities 2017: $9,130Net Assets 2017: $1,995,4142017Assets 2018: $1,540,715Liabilities 2018: $33Net Assets 2018: $1,540,6822018Assets 2019: $1,668,221Liabilities 2019: $0Net Assets 2019: $1,668,2212019Assets 2020: $2,100,509Liabilities 2020: $10Net Assets 2020: $2,100,4992020Assets 2021: $2,324,783Liabilities 2021: $0Net Assets 2021: $2,324,7832021Assets 2022: $2,115,563Liabilities 2022: $937Net Assets 2022: $2,114,6262022Assets 2023: $2,219,597Liabilities 2023: $0Net Assets 2023: $2,219,5972023Assets 2024: $2,249,556Liabilities 2024: $1,024Net Assets 2024: $2,248,5322024

Highlighted filing

2014

Assets$2,471,487
Liabilities$7,408
Net Assets$2,464,079

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,014,0302011Expenses 2012: $2,740,2502012Revenue 2013: $2,464,151Expenses 2013: $1,967,824Net Income 2013: $496,3272013Revenue 2014: $2,678,852Expenses 2014: $2,589,291Net Income 2014: $89,5612014Revenue 2015: $2,223,384Expenses 2015: $2,412,658Net Income 2015: -$189,2742015Revenue 2016: $1,824,782Expenses 2016: $1,915,941Net Income 2016: -$91,1592016Revenue 2017: $1,528,995Expenses 2017: $1,597,581Net Income 2017: -$68,5862017Revenue 2018: $1,189,940Expenses 2018: $1,445,815Net Income 2018: -$255,8752018Revenue 2019: $1,203,536Expenses 2019: $1,222,799Net Income 2019: -$19,2632019Revenue 2020: $1,109,021Expenses 2020: $786,040Net Income 2020: $322,9812020Revenue 2021: $1,139,768Expenses 2021: $1,038,319Net Income 2021: $101,4492021Revenue 2022: $665,249Expenses 2022: $664,004Net Income 2022: $1,2452022Revenue 2023: $395,751Expenses 2023: $445,250Net Income 2023: -$49,4992023Revenue 2024: $361,078Expenses 2024: $441,641Net Income 2024: -$80,5632024

Highlighted filing

2014

Revenue$2,678,852
Expenses$2,589,291
Net Income$89,561
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Feb 15, 2016
Return Version
2014v6.0
Gross Receipts
$2,678,852
Mission and Program Overview

Mission

Reece's Rainbow advocates and provides grant funding for the international adoption of children with Down Syndrome and other needs exclusively.

Provide adoption grants to families adopting children with Down Syndrome and other special needs internationally.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,362,267$1,543,986▼ $818,281
Investments in Publicly Traded Securities-$783,657-
Pledges and Grants Receivable-$129,291-
Accounts Receivable$11,964$11,758▼ $206
Land, Buildings, and Equipment, Net$287$2,795▲ $2,508
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,374,518$2,471,487▲ $96,969
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable-$7,408-
Total Liabilities$0$7,408▲ $7,408
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,338,325$2,269,610▼ $68,715
Unrestricted Net Assets$36,193$194,469▲ $158,276
Total Net Assets Fund Balance$2,374,518$2,464,079▲ $89,561
Total Liabilities and Net Assets / Fund Balance$2,374,518$2,471,487▲ $96,969

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,795$1,957$4,752
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Andrea RobertsExecutive DirectorFT$35,722$35,722
Michelle ZoromskiTreasurer-$29,871$29,871
Lucille BrownGraphic Design-$26,250$26,250

Board Members and Trustees

NameTitle
Cameron AlkhazrajiVice President
Carla DobrovitsDirector
Lisa LlewellynDirector
Richard Scott RobertsTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$2,442,866
Program Service Revenue
$0
Investment Income
$37,735
Other Revenue
$198,251
All Other Contributions
$2,442,866
Change in Net Assets
$89,561
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,377,430
Salaries, Compensation, and Employee Benefits$111,484
Other Expenses$100,377
Total Fundraising Expense$9,099
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$2,377,430--$2,377,430
Current Officers, Directors, Trustees, and Key Employees$62,034$22,665$7,144$91,843
Payroll Taxes$10,808$6,878$1,955$19,641
Conferences and Meetings$13,149--$13,149
Fees for Services Accounting-$10,070-$10,070
Information Technology$6,856--$6,856
Fees for Service Investment Mgmnt Fees-$6,594-$6,594
All Other Expenses$1,948$1,890-$3,838
Other Expenses$3,067$7,078-$3,067
Fees for Services Legal-$2,890-$2,890
Insurance-$1,259-$1,259
Depreciation Depletion-$434-$434
Total Functional Expenses$2,520,434$59,758$9,099$2,589,291
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$198,251
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Christmas Angel Tree$198,251$198,251-$198,251
Total Events$198,251$198,251-$198,251
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The director and treasurer review the Form 990 prior to filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Form 990 and policy documents are available for public viewing at GuideStar.org or upon request.

Filing and Contact Details

Filer

Filer Name
Reeces Rainbow Down Syndrome
EIN
20-5466141
Address
PO Box 277, Monrovia, MD 21770

Signing Officer

Name
Andrea Roberts
Title
Executive Director
Signed
2016-02-15
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
3
Employees
3
Volunteers
10

Preparer

Firm
McNair McLemore Middlebrooks
Address
Post Office Box One, Macon, GA 31202-0001
Preparer
Teresa F Behrman
Phone
4787466277
Supplemental Narrative

Additional Explanations

Amended Explanation

The Form 990 is being amended due to the return being incorrectly marked as cash basis instead of accrual basis. Also, the number of independent board members was changed from 0 to 3 on page 1. No amounts changed from the originally filed Form 990.

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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0129291
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Waiting Child Grant Fund: Our Waiting Child grant fund (which includes funds raised during our annual Christmas Angel Tree project), accepts donations for individual orphans with Down Syndrome and other special needs living in foreign orphanages. These funds are held as adoption grants for each child individually and encourage potential adoptive families to adopt the child, knowing there is funding available to help with those costs. In only 9 years, these waiting child grants have made it possible for more than 1,500+ orphans with Down Syndrome and other special needs to find their "forever families". They have been saved from life and death in a mental institution and brought into loving American and Canadian families. 90% of each donation goes to the child, and 10% goes to our Voice of Hope fund to help with operational costs.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01048500
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01015930
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02187136
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01777248
IRS990/PYInvestmentIncomeAmt02374
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt092008
IRS990/PYOtherRevenueAmt0274641
IRS990/PYRevenuesLessExpensesAmt0496327
IRS990/PYSalariesCompEmpBnftPaidAmt098568
IRS990/PYTotalExpensesAmt01967824
IRS990/PYTotalRevenueAmt02464151
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt089561
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01426936
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02641117
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02461777
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03306564
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02357194
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01522536
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012289188
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt012289188
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02641117
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02461777
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03306564
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02357194
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01522536
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012289188
IRS990ScheduleA/TotalSupportAmt012289188
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02795
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01957
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04752
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02795
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Christmas Angel Tree
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0198251
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0198251
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0198251
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0198251
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0198251
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt02349841
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Orphans with Special Needs
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0230
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0All grants and other assistance to individuals are approved by the Director and Treasurer after assessment by well established facilities teams.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The director and treasurer review the Form 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 and policy documents are available for public viewing at GuideStar.org or upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is being amended due to the return being incorrectly marked as cash basis instead of accrual basis. Also, the number of independent board members was changed from 0 to 3 on page 1. No amounts changed from the originally filed Form 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Amended Explanation
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/StatesWhereCopyOfReturnIsFldCd1MD
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02338325
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02269610
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02374518
IRS990/TotalAssetsEOYAmt02471487
IRS990/TotalAssetsGrp/BOYAmt02374518
IRS990/TotalAssetsGrp/EOYAmt02471487
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02442866
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09099
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059758
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02520434
IRS990/TotalFunctionalExpensesGrp/TotalAmt02589291
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt07408
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt07408
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02374518
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02464079
IRS990/TotalProgramServiceExpensesAmt02520434
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt091843
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt037735
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02678852
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02374518
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02471487
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt036193
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0194469
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt07408
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0reecesrainbow.org
IRS990/WhistleblowerPolicyInd0true

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.25$0.00$2.25$0.36$0.44$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.22$0.00$2.22$0.40$0.45$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.11$0.67$0.66$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.32$0.00$2.32$1.14$1.04$0.10
2020Detailed filing. Detailed filing data is available for this year.$2.10$0.00$2.10$1.11$0.79$0.32
2019Summary only. Only limited summary data is available for this year.$1.67$0.00$1.67$1.20$1.22$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$1.19$1.45$0.26
2017Detailed filing. Detailed filing data is available for this year.$2.00$0.01$2.00$1.53$1.60$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.06$0.00$2.06$1.82$1.92$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$2.22$2.41$0.19
2014Detailed filing. Detailed filing data is available for this year.$2.47$0.01$2.46$2.68$2.59$0.09
2013Detailed filing. Detailed filing data is available for this year.$2.37$0.00$2.37$2.46$1.97$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.00$1.88$2.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.00$1.31$2.01