Civic Intelligence

Rainbow Place Shelter for Homeless Women Inc.

EIN 47-5082306 • 501(c)3 • Rockville, MD

Pub. 78 Eligible

Profile

Rainbow Place is a winter emergency overnight shelter for homeless women, providing warm safe shelter, meals, case management and personal care for 26 or more women nightly. Goal is to transition women to a better housing environment. 50 women were transitioned during the last fiscal year. 300 plus volunteers support the mission.

215 West Montgomery AveRockville, MD 20850

www.rainbowplace.org

Siviq Scores

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

Liabilities / Assets

51st percentile

0.02x

Higher debt load relative to assets than 51% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

56th percentile

0.03x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

69th percentile

16%

Higher net margin than 69% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

89th percentile

$109,931

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 20.2% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

67th percentile

12%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

66th percentile

20%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$868,740

Up $92,126 (+12%) from 2024

Liabilities

Up

$15,680

Up $5,316 (+51%) from 2024

Net Assets

Up

$853,060

Up $86,810 (+11%) from 2024

Revenue

Up

$545,070

Up $91,364 (+20%) from 2024

Expenses

Up

$458,260

Up $118,064 (+35%) from 2024

Net Income

Down

$86,810

Down $26,700 (-24%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2016: $218,579Liabilities 2016: $83,448Net Assets 2016: $135,1312016Assets 2017: $103,828Liabilities 2017: $2,6832017Assets 2018: $115,414Liabilities 2018: $5,137Net Assets 2018: $110,2772018Assets 2019: $147,378Liabilities 2019: $1,409Net Assets 2019: $145,9692019Assets 2020: $174,712Liabilities 2020: $67,432Net Assets 2020: $107,2802020Assets 2021: $463,917Liabilities 2021: $0Net Assets 2021: $463,9172021Assets 2022: $545,931Liabilities 2022: $5,500Net Assets 2022: $540,4312022Assets 2023: $658,997Liabilities 2023: $6,967Net Assets 2023: $652,0302023Assets 2024: $776,614Liabilities 2024: $10,364Net Assets 2024: $766,2502024Assets 2025: $868,740Liabilities 2025: $15,680Net Assets 2025: $853,0602025

Highlighted filing

2025

Assets$868,740
Liabilities$15,680
Net Assets$853,060

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2016: $232,867Expenses 2016: $138,044Net Income 2016: $94,8232016Revenue 2017: $134,721Expenses 2017: $206,841Net Income 2017: -$72,1202017Revenue 2018: $266,004Expenses 2018: $256,872Net Income 2018: $9,1322018Revenue 2019: $314,874Expenses 2019: $279,061Net Income 2019: $35,8132019Revenue 2020: $327,648Expenses 2020: $366,337Net Income 2020: -$38,6892020Revenue 2021: $704,790Expenses 2021: $365,640Net Income 2021: $339,1502021Revenue 2022: $395,345Expenses 2022: $318,831Net Income 2022: $76,5142022Revenue 2023: $315,710Expenses 2023: $203,401Net Income 2023: $112,3092023Revenue 2024: $453,706Expenses 2024: $340,196Net Income 2024: $113,5102024Revenue 2025: $545,070Expenses 2025: $458,260Net Income 2025: $86,8102025

Highlighted filing

2025

Revenue$545,070
Expenses$458,260
Net Income$86,810

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Apr 23, 2026
Return Version
2024v5.5
Gross Receipts
$566,845
Mission and Program Overview

Mission

Rainbow place is a winter emergency overnight shelter for homeless women, providing warm safe shelter, meals, case management and personal care for up to 28 women nightly. Goal is to transition women to a better housing environment.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$511,422$534,183▲ $22,761
Cash and Non-Interest-Bearing Accounts$253,698$312,285▲ $58,587
Land, Buildings, and Equipment, Net$8,643$18,285▲ $9,642
Prepaid Expenses and Deferred Charges$2,851$3,987▲ $1,136
Total Assets$776,614$868,740▲ $92,126
Liabilities
Accounts Payable and Accrued Expenses$10,364$15,680▲ $5,316
Total Liabilities$10,364$15,680▲ $5,316
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$766,250$853,060▲ $86,810
Total Net Assets Fund Balance$766,250$853,060▲ $86,810
Total Liabilities and Net Assets / Fund Balance$776,614$868,740▲ $92,126

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,285$31,502$39,787
Leasehold Improvements$10,000-$10,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Olusina AdebayoExecutive DirectorFT$109,931$109,931

Board Members and Trustees

NameTitle
Virginia DeseauPresident
Oyebisi OlatoyeVice President (from 10/2024)
Jennifer BaldwinVice President (until 09/2024)
Christine NguyenDirector
Dan BakerDirector
Rachel ZutshiDirector (from 1/2025)
Ann SeltzDirector (from 10/2024)
Karen Kendra HolmesDirector (from 10/2024)
Amy ShawDirector (from 12/2024)
Natalie Robinson BabaniyiDirector (from 12/2024)
Manuel GeraldoDirector (from 6/2025)
Andrew MessickDirector (until 09/2024)
Evelyn Saim-lobosDirector (until 09/2024)
Dominique OliverDirector (until 10/2024)
Richard StolzSecretary (until 12/2024)
Dan DellonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$491,948
Program Service Revenue
$0
Investment Income
$22,925
Other Revenue
$30,197
All Other Contributions
$369,191
Change in Net Assets
$86,810
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$346,489
Other Expenses$101,436
Total Fundraising Expense$60,023
Professional Fundraising Fees$10,335
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$130,886$30,607$30,607$192,100
Current Officers, Directors, Trustees, and Key Employees$72,922$30,384$18,230$121,536
Payroll Taxes$19,389$13,464-$32,853
Occupancy$19,233$2,138-$21,371
Office Expenses-$19,467-$19,467
Fees for Services Other-$17,587-$17,587
Fees for Services Professional Fundraising--$10,335$10,335
Fees for Services Accounting-$7,335-$7,335
Insurance-$4,357-$4,357
Information Technology$250$2,900$57$3,207
Depreciation Depletion-$2,738-$2,738
Conferences and Meetings-$1,871-$1,871
Travel$804$893-$1,697
Advertising-$944-$944
All Other Expenses-$600$133$733
Fees for Services Legal-$220-$220
Other Expenses$654$175$661$175
Total Functional Expenses$247,090$151,147$60,023$458,260
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$52,360
Gaming Direct Expenses$21,775
Professional Fundraising Fees$10,335
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 was prepared by outside accountants reviewed by the treasurer and a director. The full board received a final copy of the form 990 before it was filed.

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

This policy applies to members of the board of directors, the staff, and certain volunteers of the organization. Whenever there is reason to believe that an actual or potential conflict of interest exists between rainbow place shelter and an interested party, the board of directors determines the appropriate organizational response. This includes, but is not necessarily limited to, invoking the procedures described below with respect to a specific proposed action or transaction. If the board of directors has reason to believe that an interested party has failed to disclose an actual or potential conflict of interest, the board informs the person of the basis for that belief and provides an opportunity to explain the alleged failure to disclose. After hearing the response of the interested party and conducting any further investigation warranted under the circumstances, if the board determines that the interested party did, in fact, fail to disclose an actual or possible conflict of interest, the board will take appropriate disciplinary and corrective action.

Form 990, Part VI, Section B, Line 15A

The organization utilizes a compensation committee comprised of three directors who meet annually to determine compensation of all employees based on local market wages known to the directors, who in turn make recommendations to the organizations board of directors. This committee records minutes of its meeting and the recommendations are ultimately accepted or modified by the board of directors when the budget is adopted or amended by the board of directors. The top management official's last compensation review took place in july 2025.

Form 990, Part VI, Section C, Line 19

The organization does not make its governing documents, conflict of interest policy and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Rainbow Place Shelter for Homeless
EIN
47-5082306
Phone
3017621496
Address
215 WEST MONTGOMERY AVE, ROCKVILLE, MD 20850

Signing Officer

Name
Olusina Adebayo
Title
Executive Director
Phone
3017621496
Signed
2026-04-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Olusina Adebayo
Formed
2016
Legal Domicile
Md
Voting Board Members
11
Independent Board Members
11
Employees
16
Volunteers
150

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
Preparer
Richard J Locastro CPA
Phone
3019519090
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IRS990/InformationTechnologyGrp/ProgramServicesAmt0250
IRS990/InformationTechnologyGrp/TotalAmt03207
IRS990/InsuranceGrp/ManagementAndGeneralAmt04357
IRS990/InsuranceGrp/TotalAmt04357
IRS990/InvestmentIncomeGrp/ExclusionAmt022925
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt022925
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt031502
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08643
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018285
IRS990/LandBldgEquipCostOrOtherBssAmt049787
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0RAINBOW PLACE IS A WINTER EMERGENCY OVERNIGHT SHELTER FOR HOMELESS WOMEN, PROVIDING WARM SAFE SHELTER, MEALS, CASE MANAGEMENT AND PERSONAL CARE FOR UP TO 28 WOMEN NIGHTLY. GOAL IS TO TRANSITION WOMEN TO A BETTER HOUSING ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0766250
IRS990/NetAssetsOrFundBalancesEOYAmt0853060
IRS990/NetIncomeFromGamingGrp/ExclusionAmt030585
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt030585
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0766250
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0853060
IRS990/NoncashContributionsAmt014279
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02138
IRS990/OccupancyGrp/ProgramServicesAmt019233
IRS990/OccupancyGrp/TotalAmt021371
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019467
IRS990/OfficeExpensesGrp/TotalAmt019467
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DONATED GOODS
IRS990/OtherExpensesGrp/Desc1ONLINE MERCHANT FEES
IRS990/OtherExpensesGrp/Desc2RETIREMENT PLAN FEES
IRS990/OtherExpensesGrp/Desc3MEMBERSHIPS AND DUES
IRS990/OtherExpensesGrp/FundraisingAmt0661
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014278
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1910
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2279
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3175
IRS990/OtherExpensesGrp/ProgramServicesAmt02952
IRS990/OtherExpensesGrp/ProgramServicesAmt1654
IRS990/OtherExpensesGrp/TotalAmt014278
IRS990/OtherExpensesGrp/TotalAmt14523
IRS990/OtherExpensesGrp/TotalAmt2933
IRS990/OtherExpensesGrp/TotalAmt3175
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0-388
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-388
IRS990/OtherRevenueTotalAmt0-388
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt030607
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt030607
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0130886
IRS990/OtherSalariesAndWagesGrp/TotalAmt0192100
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013464
IRS990/PayrollTaxesGrp/ProgramServicesAmt019389
IRS990/PayrollTaxesGrp/TotalAmt032853
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02851
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03987
IRS990/PrincipalOfficerNm0OLUSINA ADEBAYO
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0421092
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt011424
IRS990/PYOtherExpensesAmt069872
IRS990/PYOtherRevenueAmt021190
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0113510
IRS990/PYSalariesCompEmpBnftPaidAmt0262424
IRS990/PYTotalExpensesAmt0340196
IRS990/PYTotalProfFndrsngExpnsAmt07900
IRS990/PYTotalRevenueAmt0453706
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt086810
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0511422
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0534183
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0491948
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0421092
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0293271
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0395345
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0704790
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02306446
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt022925
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt011424
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0997
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt035346
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0-388
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0-388
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90960
IRS990ScheduleA/PublicSupportPY170Pct00.92390
IRS990ScheduleA/PublicSupportTotal170Amt02196322
IRS990ScheduleA/SubstantialContributorsTotAmt0110124
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0491948
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0421092
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0293271
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0395345
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0704790
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02306446
IRS990ScheduleA/TotalSupportAmt02414621
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt030585
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt021190
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt021442
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt073217
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt08285
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031502
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt039787
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010000
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018285
IRS990ScheduleG/CharitableDistributionRqrInd00
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd01
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt021775
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt052360
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt052360
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt030585
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesOtherGamingAmt020280
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesTotalGamingAmt020280
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt01495
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt01495
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd01
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingPct00.05000
IRS990ScheduleG/GamingManagerBusinessName/BusinessNameLine1Txt0NINA BLECHER
IRS990ScheduleG/GamingManagerCompensationAmt04562
IRS990ScheduleG/GamingManagerIsEmployeeInd0X
IRS990ScheduleG/GamingManagerServicesProvTxt0MANAGES THE RAFFLE PROCESS
IRS990ScheduleG/GamingOwnFacilityPct01.00000
IRS990ScheduleG/GamingRevenueRtnBy3PrtyAmt0459
IRS990ScheduleG/GamingWithNonmembersInd00

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