Civic Intelligence

Rainbow House Inc

990 • Fiscal year 2013 • EIN 58-1836963

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 22, 2014

879 Battlecreek Road30236

(770) 478-6905

Siviq Scores

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

Liabilities / Assets

49th percentile

0.05x

Higher debt load relative to assets than 49% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

54th percentile

0.06x

Higher debt load relative to revenue than 54% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

25th percentile

-6.4%

Higher net margin than 25% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

82nd percentile

$75,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

25th percentile

-4.7%

Faster asset growth than 25% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$896,314

Down $44,529 (-4.7%) from 2012

Net Assets

Down

$852,241

Down $49,842 (-5.5%) from 2012

Liabilities

Up

$44,073

Up $5,313 (+14%) from 2012

Revenue

$775,745

No earlier filing loaded for comparison.

Expenses

Down

$825,587

Down $33,625 (-3.9%) from 2012

Net Income

-$49,842

No earlier filing loaded for comparison.

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$0-$1.0MAssets 2011: $991,854Liabilities 2011: $45,860Net Assets 2011: $945,9942011Assets 2012: $940,843Liabilities 2012: $38,760Net Assets 2012: $902,0832012Assets 2013: $896,314Liabilities 2013: $44,073Net Assets 2013: $852,2412013Assets 2014: $964,986Liabilities 2014: $51,881Net Assets 2014: $913,1052014Assets 2015: $825,343Liabilities 2015: $36,142Net Assets 2015: $789,2012015Assets 2016: $757,534Liabilities 2016: $4,637Net Assets 2016: $752,8972016Assets 2017: $656,028Liabilities 2017: $8,386Net Assets 2017: $647,6422017Assets 2018: $724,872Liabilities 2018: $42,549Net Assets 2018: $682,3232018Assets 2019: $814,362Liabilities 2019: $11,228Net Assets 2019: $803,1342019Assets 2020: $1,019,301Liabilities 2020: $263,043Net Assets 2020: $756,2582020Assets 2021: $2,902,427Liabilities 2021: $2,279,984Net Assets 2021: $622,4432021Assets 2022: $2,592,252Liabilities 2022: $2,154,088Net Assets 2022: $438,1642022Assets 2023: $0Liabilities 2023: $286,001Net Assets 2023: -$286,0012023

Highlighted filing

2013

Assets$896,314
Liabilities$44,073
Net Assets$852,241

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $970,3152011Expenses 2012: $859,2122012Revenue 2013: $775,745Expenses 2013: $825,587Net Income 2013: -$49,8422013Revenue 2014: $988,466Expenses 2014: $927,602Net Income 2014: $60,8642014Revenue 2015: $1,071,827Expenses 2015: $1,009,047Net Income 2015: $62,7802015Revenue 2016: $1,137,860Expenses 2016: $1,179,914Net Income 2016: -$42,0542016Revenue 2017: $1,077,943Expenses 2017: $1,185,998Net Income 2017: -$108,0552017Revenue 2018: $1,365,511Expenses 2018: $1,330,830Net Income 2018: $34,6812018Revenue 2019: $1,442,863Expenses 2019: $1,322,052Net Income 2019: $120,8112019Revenue 2020: $1,322,510Expenses 2020: $1,369,386Net Income 2020: -$46,8762020Revenue 2021: $878,574Expenses 2021: $1,169,564Net Income 2021: -$290,9902021Revenue 2022: $1,156,178Expenses 2022: $1,705,373Net Income 2022: -$549,1952022Revenue 2023: -$698,732Expenses 2023: $25,433Net Income 2023: -$724,1652023

Highlighted filing

2013

Revenue$775,745
Expenses$825,587
Net Income-$49,842
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 22, 2014
Return Version
2013v3.0
Gross Receipts
$776,112
Mission and Program Overview

Mission

Rainbow house, inc holds as its mission to provide comprehensive services that restore, heal, and rebuild the lives of children and families.

To provide comprehensive services that restore, heal, and rebuild the lives of children and families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$562,664$575,155▲ $12,491
Accounts Receivable$56,381$152,740▲ $96,359
Savings and Temporary Cash Investments$78,683$92,109▲ $13,426
Cash and Non-Interest-Bearing Accounts$239,943$76,310▼ $163,633
Prepaid Expenses and Deferred Charges$3,172$0▼ $3,172
Total Assets$940,843$896,314▼ $44,529
Liabilities
Accounts Payable and Accrued Expenses$38,760$44,073▲ $5,313
Total Liabilities$38,760$44,073▲ $5,313
Net Assets / Fund Balance
Unrestricted Net Assets$902,083$852,241▼ $49,842
Total Net Assets Fund Balance$902,083$852,241▼ $49,842
Total Liabilities and Net Assets / Fund Balance$940,843$896,314▼ $44,529

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$539,692$356,230$895,922
Other Land Buildings$35,463$147,335$182,798
Equipment$0$98,408$98,408
Leasehold Improvements$0$6,451$6,451
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Virginia GrayExecutive DirectorFT$75,000$75,000

Board Members and Trustees

NameTitle
Jacquelyn HubbardChairperson
Robert AlpertVice Chairman
Anthony SmithMember
Daphne WalkerMember
Dorothy HerzbergMember
Kathy WagesMember
Pamela EverettSecretary
Karen SullivanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$766,155
Program Service Revenue
$0
Investment Income
$3,377
Other Revenue
$6,213
All Other Contributions
$33,825
Change in Net Assets
$-49,842

Audited Revenue Reconciliation

Revenue per Audited Statements
$776,112
Revenue Not Reported on Financial Statements
$-367
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-367
Total Revenue per Audited Statements
$776,112
Total Revenue per Form 990
$775,745
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$617,117
Other Expenses$182,573
Grants and Similar Amounts Paid$25,897
Total Fundraising Expense$15,639
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$393,976$44,795$1,637$440,408
Current Officers, Directors, Trustees, and Key Employees$48,750$18,750$7,500$75,000
Occupancy$50,778$16,926-$67,704
Other Employee Benefits$50,679$7,274$1,046$58,999
Payroll Taxes$36,687$5,266$757$42,710
Depreciation Depletion$19,938$7,606-$27,544
Grants to Domestic Individuals$25,897--$25,897
Office Expenses$16,080$5,360$3,161$24,601
Insurance$15,324$5,236-$20,560
Fees for Services Accounting-$13,201-$13,201
Fees for Services Other$10,001$2,120$614$12,735
Travel$7,889$2,630-$10,519
Other Expenses$909$303$924$2,136
Interest$139--$139
Total Functional Expenses$679,623$130,325$15,639$825,587

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$825,954
Expenses per Audited Statements$825,587
Total Expenses per Form 990$825,587
Expenses Not Reported on Form 990$367
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$367
Fundraising Gross Income$0
Professional Fundraising Fees$0
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
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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 11

The organization engages a CPA firm to prepare the form 990. The form is then reviewed by a CPA consultant who is engaged to assist the accounting department during the year. The return is emailed to the entire board after which it is then reviewed by the Executive Director and Board of Trustees (including Treasurer) before it is filed.

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

Any conflict of interest, potential conflict of interest or the appearance of a conflict of interest is required to be reported to the Board of Trustees. Any item or subject before the Board of Trustees, which is deemed related to any Trustee, that person is obligated to recuse themselves from voting.

Form 990, Part VI, Section B, line 15

The Board of Trustees determines the Executive Director's compensation. The final budget is approved by the Board.

Form 990, Part VI, Section C, line 19

Documents are available upon request.

Filing and Contact Details

Filer

EIN
58-1836963
Phone
7704786905

Signing Officer

Name
Jacquelyn Hubbard
Title
Board of Trustees Chairperson
Phone
7704786905
Signed
2014-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacquelyn Hubbard
Formed
1988
Legal Domicile
Ga
Voting Board Members
9
Independent Board Members
8
Employees
37
Volunteers
100

Preparer

Preparer
Aleisa Howell
Phone
7709558600
Supplemental Narrative

Additional Explanations

Form 990 Part XII, Line 2C

There have been no changes in the auditor selection or financial statement oversight process.

Financial Statement Notes

Part X, Line 2:

The organization does not have any uncertain tax positions reported on the audited financial statements under FIN 48. The Organization is exempt from income taxes under Section 501(c)(3) of the United States Internal Revenue Code of 1986, as amended. The Organization accounts for uncertain tax positions in accordance with accounting standards that provide guidance on when uncertain tax positions are recognized in an entitys financial statements and how the values of these positions are determined. No liability has been recorded as of December 31, 2013 or 2012 due to uncertain tax positions.

Part XI, Line 4B - Other Adjustments:

Reclass from Expense -367.

Part XII, Line 2D - Other Adjustments:

Fundraising expenses 367.

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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03172
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Jacquelyn Hubbard
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0814441
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt025497
IRS990/PYInvestmentIncomeAmt0518
IRS990/PYOtherExpensesAmt0163723
IRS990/PYOtherRevenueAmt0342
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-43911
IRS990/PYSalariesCompEmpBnftPaidAmt0669992
IRS990/PYTotalExpensesAmt0859212
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0815301
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-49842
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt078683
IRS990/SavingsAndTempCashInvstGrp/EOYAmt092109
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0743942
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0814441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0913631
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0928364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0448270
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03848648
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0577
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0518
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0968
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0913
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0402
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03378
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt021593
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01823
IRS990ScheduleA/OtherIncome170Grp/TotalAmt023416
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99310
IRS990ScheduleA/PublicSupportPY170Pct00.99860
IRS990ScheduleA/PublicSupportTotal170Amt03848648
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0743942
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0814441
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0913631
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0928364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0448270
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03848648
IRS990ScheduleA/TotalSupportAmt03875442
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/BuildingsGrp/BookValueAmt0539692
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0356230
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0895922
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt098408
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt098408
IRS990ScheduleD/ExpensesNotReportedAmt0367
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0825587
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06451
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06451
IRS990ScheduleD/OtherExpensesIncludedAmt0367
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt035463
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0147335
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0182798
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-367
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-367
IRS990ScheduleD/RevenueSubtotalAmt0776112
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization does not have any uncertain tax positions reported on the audited financial statements under FIN 48. The Organization is exempt from income taxes under Section 501(c)(3) of the United States Internal Revenue Code of 1986, as amended. The Organization accounts for uncertain tax positions in accordance with accounting standards that provide guidance on when uncertain tax positions are recognized in an entitys financial statements and how the values of these positions are determined. No liability has been recorded as of December 31, 2013 or 2012 due to uncertain tax positions.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Reclass from Expense -367.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Fundraising expenses 367.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0575155
IRS990ScheduleD/TotalExpensesPerForm990Amt0825587
IRS990ScheduleD/TotalRevenuePerForm990Amt0775745
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0776112
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0825954
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Clothing, Food, Medicine and other assistance to individuals
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt025897
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Food, Clothing, Medicine
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt067
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Rainbow House, Inc provides shelter for children in the custody of DFCS, which includes room, board, and watchful oversight.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization engages a CPA firm to prepare the form 990. The form is then reviewed by a CPA consultant who is engaged to assist the accounting department during the year. The return is emailed to the entire board after which it is then reviewed by the Executive Director and Board of Trustees (including Treasurer) before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Any conflict of interest, potential conflict of interest or the appearance of a conflict of interest is required to be reported to the Board of Trustees. Any item or subject before the Board of Trustees, which is deemed related to any Trustee, that person is obligated to recuse themselves from voting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Trustees determines the Executive Director's compensation. The final budget is approved by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4There have been no changes in the auditor selection or financial statement oversight process.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 Part XII, Line 2c
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0940843
IRS990/TotalAssetsEOYAmt0896314
IRS990/TotalAssetsGrp/BOYAmt0940843
IRS990/TotalAssetsGrp/EOYAmt0896314
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0766155
IRS990/TotalEmployeeCnt037
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015639
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0130325
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0679623
IRS990/TotalFunctionalExpensesGrp/TotalAmt0825587
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt038760
IRS990/TotalLiabilitiesEOYAmt044073
IRS990/TotalLiabilitiesGrp/BOYAmt038760

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