Civic Intelligence

Rainbow House Inc

990 • Fiscal year 2016 • EIN 58-1836963

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 10, 2017

879 Battle Creek RoadJonesboro, GA 30236

(770) 478-6905

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

31st percentile

-3.7%

Higher net margin than 31% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

58th percentile

$79,421

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

15th percentile

-8.2%

Faster asset growth than 15% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

58th percentile

6.2%

Faster revenue growth than 58% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$757,534

Down $67,809 (-8.2%) from 2015

Net Assets

Down

$752,897

Down $36,304 (-4.6%) from 2015

Liabilities

Down

$4,637

Down $31,505 (-87%) from 2015

Revenue

Up

$1,137,860

Up $66,033 (+6.2%) from 2015

Expenses

Up

$1,179,914

Up $170,867 (+17%) from 2015

Net Income

Down

-$42,054

Down $104,834 (-167%) from 2015

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

2016

Assets$757,534
Liabilities$4,637
Net Assets$752,897

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

2016

Revenue$1,137,860
Expenses$1,179,914
Net Income-$42,054
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 10, 2017
Return Version
2016v3.0
Gross Receipts
$1,137,860
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.

The organization's mission is 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$536,587$526,526▼ $10,061
Accounts Receivable$124,002$88,362▼ $35,640
Cash and Non-Interest-Bearing Accounts$125,070$77,199▼ $47,871
Savings and Temporary Cash Investments$38,418$64,632▲ $26,214
Investments in Publicly Traded Securities$820$815▼ $5
Prepaid Expenses and Deferred Charges$446--
Total Assets$825,343$757,534▼ $67,809
Liabilities
Deferred Revenue$20,520--
Accounts Payable and Accrued Expenses$15,622$4,123▼ $11,499
Other Liabilities-$514-
Total Liabilities$36,142$4,637▼ $31,505
Net Assets / Fund Balance
Unrestricted Net Assets$681,548$664,535▼ $17,013
Temporarily Rstr Net Assets$107,653$88,362▼ $19,291
Total Net Assets Fund Balance$789,201$752,897▼ $36,304
Total Liabilities and Net Assets / Fund Balance$825,343$757,534▼ $67,809

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$472,206$425,227$897,433
Equipment$48,570$247,438$296,008
Land$5,750-$5,750
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sherelle Mckinley-thomasExecutive DiFT$79,421$79,421

Board Members and Trustees

NameTitle
Jacquelyn HubbertChairperson
Robert AlpertVice Chairpe
Dorothy HerzbergMember
Tasha MoselyMember
Virginia GrayMember
Karen SullivanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,137,692
Program Service Revenue
$0
Investment Income
$168
Other Revenue
$0
All Other Contributions
$181,214
Change in Net Assets
$-42,054

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,137,860
Total Revenue per Audited Statements
$1,137,860
Total Revenue per Form 990
$1,137,860
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$775,822
Other Expenses$312,104
Total Fundraising Expense$98,910
Grants and Similar Amounts Paid$91,988
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$525,255$65,657$65,657$656,569
Other Employee Benefits$95,402$11,926$11,925$119,253
Fees for Services Accounting$76,680$30,498$970$108,148
Grants to Domestic Individuals$91,988--$91,988
Occupancy$46,291$5,786$5,786$57,863
Depreciation Depletion$31,909$3,988$3,988$39,885
Insurance$19,836$2,479$2,479$24,794
Travel$18,050$2,256$2,256$22,562
Information Technology$8,369$1,046$1,046$10,461
All Other Expenses$2,216$851$377$3,444
Other Expenses$2,731$341$341$3,413
Advertising-$1,568$1,568$3,136
Total Functional Expenses$931,315$149,689$98,910$1,179,914

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,179,914
Total Expenses per Audited Statements$1,179,914
Total Expenses per Form 990$1,179,914
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards Payable$514
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, Page 6, Part VI, Line 11B

The organization engages a cpa firm to prepare the 990. The return is emailed to the director for review prior to filing.

Form 990, Page 6, Part VI, 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, Page 6, Part VI, Line 19

All documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Rainbow House Inc
EIN
58-1836963
Phone
7704786905
Address
879 BATTLE CREEK ROAD, JONESBORO, GA 30236

Signing Officer

Name
Karen Sullivan
Title
Treasurer
Phone
7704786905
Signed
2017-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Sullivan
Formed
1988
Legal Domicile
Ga
Voting Board Members
15
Independent Board Members
15
Employees
39
Volunteers
10

Preparer

Firm
Loggins Kern & Mccombs
Address
1299 BATTLECREEK RD STE 110, JONESBORO, GA 30236-7919
Preparer
Gina Mccombs
Phone
7704787424
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

Fasb asc 740-10-50-15 disclosure (commonly referred to as the fin-48 disclosure): the organization is required to record a liability for uncertain tax positions (aka uncertain tax benefits) when it is probably that a tax position would not be upheld under examination by the internal revenue service and the amount cannot be reasonably estimated. Tax positions taken related to the organization's tax exempt status and unrelated business activities, if any, have been reviewed, and management believes that material positions taken would, more likely than not, be sustained upon examination. Therefore, an income tax liability for uncertain tax benefits has not been recorded as of december 31, 2016, and management does not anticipate a material change in its uncertain tax benefits for the 12 months following december 31, 2016. For federal tax purposes, tax periods from january 1, 2014 through december 31, 2016 are open to tax examination by tax authorities and may change upon examination.

Raw XML Appendix399 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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IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RevenueAmt0862015
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0794020
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0743942
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0814441
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0168
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0183
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0263
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IRS990ScheduleA/PublicSupportPY170Pct00.99400
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0425227
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IRS990ScheduleD/EquipmentGrp/BookValueAmt048570
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0247438
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0296008
IRS990ScheduleD/ExpensesSubtotalAmt01179914
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0514
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt01137860
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FASB ASC 740-10-50-15 DISCLOSURE (COMMONLY REFERRED TO AS THE FIN-48 DISCLOSURE): THE ORGANIZATION IS REQUIRED TO RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS (AKA UNCERTAIN TAX BENEFITS) WHEN IT IS PROBABLY THAT A TAX POSITION WOULD NOT BE UPHELD UNDER EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE AMOUNT CANNOT BE REASONABLY ESTIMATED. TAX POSITIONS TAKEN RELATED TO THE ORGANIZATION'S TAX EXEMPT STATUS AND UNRELATED BUSINESS ACTIVITIES, IF ANY, HAVE BEEN REVIEWED, AND MANAGEMENT BELIEVES THAT MATERIAL POSITIONS TAKEN WOULD, MORE LIKELY THAN NOT, BE SUSTAINED UPON EXAMINATION. THEREFORE, AN INCOME TAX LIABILITY FOR UNCERTAIN TAX BENEFITS HAS NOT BEEN RECORDED AS OF DECEMBER 31, 2016, AND MANAGEMENT DOES NOT ANTICIPATE A MATERIAL CHANGE IN ITS UNCERTAIN TAX BENEFITS FOR THE 12 MONTHS FOLLOWING DECEMBER 31, 2016. FOR FEDERAL TAX PURPOSES, TAX PERIODS FROM JANUARY 1, 2014 THROUGH DECEMBER 31, 2016 ARE OPEN TO TAX EXAMINATION BY TAX AUTHORITIES AND MAY CHANGE UPON EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalExpensesPerForm990Amt01179914
IRS990ScheduleD/TotalLiabilityAmt0514
IRS990ScheduleD/TotalRevenuePerForm990Amt01137860
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01137860
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FOOD, CLOTHING, MEDICINE,
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0FOOD, CLOTHING
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ENGAGES A CPA FIRM TO PREPARE THE 990. THE RETURN IS EMAILED TO THE DIRECTOR FOR REVIEW PRIOR TO FILING.
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/ExplanationTxt2ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0149689
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0931315
IRS990/TotalFunctionalExpensesGrp/TotalAmt01179914
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IRS990/TotalLiabilitiesEOYAmt04637
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0752897
IRS990/TotalProgramServiceExpensesAmt0931315
IRS990/TotalReportableCompFromOrgAmt079421
IRS990/TotalRevenueGrp/ExclusionAmt0168
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01137860
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0825343
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0757534
IRS990/TravelGrp/FundraisingAmt02256
IRS990/TravelGrp/ManagementAndGeneralAmt02256
IRS990/TravelGrp/ProgramServicesAmt018050
IRS990/TravelGrp/TotalAmt022562
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/WebsiteAddressTxt0WWW.RAINBOWHOUSEINC.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN SULLIVAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07704786905
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAINBOW HOUSE INC
ReturnHeader/Filer/BusinessNameControlTxt0RAIN
ReturnHeader/Filer/EIN0581836963
ReturnHeader/Filer/PhoneNum07704786905
ReturnHeader/Filer/USAddress/AddressLine1Txt0879 BATTLE CREEK ROAD
ReturnHeader/Filer/USAddress/CityNm0JONESBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030236
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09F94B6038152CA7D06E44CD89447F620A829031F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D0C95332FDE70B0BCE3A3DA26B4C5F1B53716B1B
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581790086
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LOGGINS KERN & MCCOMBS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01299 BATTLECREEK RD STE 110
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JONESBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0302367919
ReturnHeader/PreparerPersonGrp/PhoneNum07704787424
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GINA MCCOMBS
ReturnHeader/ReturnTs02017-11-15T16:39:01-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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