Civic Intelligence

Rainbow Services Inc.

990 • Fiscal year 2020 • EIN 36-4777539

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2021

757 Armstrong AvenueKansas City, KS 66101

(913) 233-3300

Siviq Scores

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

Liabilities / Assets

81st percentile

0.50x

Higher debt load relative to assets than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

0.60x

Higher debt load relative to revenue than 79% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

23rd percentile

-9.1%

Higher net margin than 23% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

93rd percentile

$253,492

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

79th percentile

31%

Faster asset growth than 79% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

45th percentile

-1.5%

Faster revenue growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$4,966,868

Up $1,168,722 (+31%) from 2019

Net Assets

Down

$2,496,120

Down $377,143 (-13%) from 2019

Liabilities

Up

$2,470,748

Up $1,545,865 (+167%) from 2019

Revenue

Down

$4,127,067

Down $63,528 (-1.5%) from 2019

Expenses

Up

$4,504,210

Up $745,956 (+20%) from 2019

Net Income

Down

-$377,143

Down $809,484 (-187%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2019: $3,798,146Liabilities 2019: $924,883Net Assets 2019: $2,873,2632019Assets 2020: $4,966,868Liabilities 2020: $2,470,748Net Assets 2020: $2,496,1202020Assets 2021: $5,996,354Liabilities 2021: $3,290,749Net Assets 2021: $2,705,6052021Assets 2022: $6,171,578Liabilities 2022: $3,589,424Net Assets 2022: $2,582,1542022Assets 2023: $6,392,240Liabilities 2023: $4,119,016Net Assets 2023: $2,273,2242023Assets 2024: $6,535,247Liabilities 2024: $4,750,064Net Assets 2024: $1,785,1832024

Highlighted filing

2020

Assets$4,966,868
Liabilities$2,470,748
Net Assets$2,496,120

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $4,190,595Expenses 2019: $3,758,254Net Income 2019: $432,3412019Revenue 2020: $4,127,067Expenses 2020: $4,504,210Net Income 2020: -$377,1432020Revenue 2021: $4,324,766Expenses 2021: $4,115,281Net Income 2021: $209,4852021Revenue 2022: $3,983,485Expenses 2022: $4,106,936Net Income 2022: -$123,4512022Revenue 2023: $3,719,005Expenses 2023: $4,027,935Net Income 2023: -$308,9302023Revenue 2024: $3,708,999Expenses 2024: $4,197,034Net Income 2024: -$488,0352024

Highlighted filing

2020

Revenue$4,127,067
Expenses$4,504,210
Net Income-$377,143
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.1
Gross Receipts
$4,127,067
Mission and Program Overview

Mission

Rsi provides 24/7 crisis stabilization services for adults experiencing mental health and substance abuse crises.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$991,324$1,626,357▲ $635,033
Land, Buildings, and Equipment, Net$1,151,180$1,057,928▼ $93,252
Pledges and Grants Receivable$245,587$403,827▲ $158,240
Accounts Receivable$41,990$66,263▲ $24,273
Prepaid Expenses and Deferred Charges$3,206$2,900▼ $306
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$3,798,146$4,966,868▲ $1,168,722
Other Assets Total$1,364,859$1,809,593▲ $444,734
Liabilities
Accounts Payable and Accrued Expenses$896,358$2,443,336▲ $1,546,978
Mortgage Notes Payable Secured by Investment Property$28,525$27,412▼ $1,113
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$924,883$2,470,748▲ $1,545,865
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,873,263$2,496,120▼ $377,143
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$2,873,263$2,496,120▼ $377,143
Total Liabilities and Net Assets / Fund Balance$3,798,146$4,966,868▲ $1,168,722

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,028,004$197,431$1,225,435
Equipment$29,924$75,453$105,377
Other Assets Org$1,809,593--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eberechi OsuagwuNurse PractionerFT$110,846$3,237$114,083
Matt LoehrExecutive DirectorFT$27,787$6,114$33,901
Mark CannonMedical DirectorPT$24,000$229,492$24,000

Board Members and Trustees

NameTitle
Fred ZangBoard Chairperson
Gary BachmanVice Chair
Curtis BowmanBoard Member
Brynn MrozDirector
Mark FritzgeraldDirector
Rosemary PodrebaracDirector
Wayne HeadrickDirector
Randy CallstromCEO
Michael BillquistSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,607,105
Program Service Revenue
$519,902
Investment Income
$0
Other Revenue
$60
All Other Contributions
$0
Change in Net Assets
$-377,143
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,567,982
Other Expenses$1,936,228
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,032,468$112,810-$2,145,278
Fees for Services Other$1,401,727$9,749-$1,411,476
Other Employee Benefits$186,278$15,194-$201,472
Payroll Taxes$163,471$8,198-$171,669
Occupancy$139,801$4,344-$144,145
Office Expenses$131,247$7,049-$138,296
Depreciation Depletion$93,252$2,208-$95,460
All Other Expenses$64,197$903-$65,100
Current Officers, Directors, Trustees, and Key Employees$33,901--$33,901
Insurance$27,058$1,700-$28,758
Information Technology$13,690$9,474-$23,164
Pension Plan Contributions$14,336$1,326-$15,662
Travel$7,077$2,074-$9,151
Fees for Services Accounting$5,200$2,593-$7,793
Other Expenses$1,193$2,451-$0
Fees for Services Legal-$1,967-$1,967
Interest-$1,611-$1,611
Advertising-$1,231-$1,231
Conferences and Meetings$789$118-$907
Total Functional Expenses$4,319,210$185,000$0$4,504,210
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Fred zang, wayne headrick and rosemary podrebarac are officers/directors at a related tax exempt organization and randy callstrom is executive director at a related tax exempt organization.

Form 990, Part VI, Section A, Line 6

Wyandot center for community behavioral healthcare, inc., a 501(c)(3) public charity, is the sole member of rainbow services, inc.

Form 990, Part VI, Section A, Line 7A

Wyandot center for community behavioral healthcare, inc., being the sole member of rainbow services, inc., has the right to elect all the board of directors.

Form 990, Part VI, Section B, Line 7B

Rainbow services, inc.'s by-laws vest substantial decision-making authority in the company's board of directors (sec 3.01 of the bylaws). Because the sole member possesses the right to appoint or remove the company's directors, it retains what amounts to an indirect control of or approval of the governing body's decisions. However, the board may directly act without the approval of the sole member.

Form 990, Part VI, Section B, Line 11B

An independent accounting firm prepares and reviews the 990. The organization's ceo, cfo and accounting staff then review the 990 and address any corrections or clarifications that need to be made. The final 990 with all required schedules is then provided to all voting members of the board after filing the 990.

Form 990, Part VI, Section B, Line 12C

At the time of hire or election (in the case of directors) and annually thereafter, the officers, directors and key employees shall provide the applicable conflict of interest disclosures which shall be completed to identify any relationships, positions, or circumstances in which it is believed a conflict may arise. If a conflict arises, the officer, director or key employee abstains from the vote of the conflicted position. Annual monitoring and review procedure shall be part of the organization's compliance plan. An appropriate report shall be submitted to the executive committee concerning any interest disclosed.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Rainbow Services Inc
EIN
36-4777539
In Care Of
% RANDY CALLSTROM
Phone
9132333300
Address
757 ARMSTRONG AVENUE, KANSAS CITY, KS 66101

Signing Officer

Name
Randy Callstrom
Title
President/CEO
Phone
9132333315
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Callstrom
Formed
2013
Legal Domicile
Ks
Voting Board Members
8
Independent Board Members
8
Employees
75
Volunteers
8

Preparer

Firm
Bkd Llp
Address
1201 Walnut Suite 1700, Kansas City, MO 64106-2246
Preparer
Michael J Engle
Phone
8162216300
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

Description:clinical services total fees:1401727

Form 990 Part IX Line 11G

Description:other contracted services total fees:9749

Financial Statement Notes

Schedule D, Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0RSI PROVIDES 24/7 CRISIS STABILIZATION SERVICES FOR ADULTS EXPERIENCING MENTAL HEALTH AND SUBSTANCE ABUSE CRISES.
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
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IRS990/OrganizationFollowsFASB117Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03601419
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04825305

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