Civic Intelligence

Rainbow Village Inc.

990 • Fiscal year 2012 • EIN 58-2181183

Jan 01, 2012 to Dec 31, 2012 • Filed on Sep 19, 2013

3427 Duluth Hwy 12030096
Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

81st percentile

15%

Faster asset growth than 81% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$5,497,579

Up $713,626 (+15%) from 2011

Net Assets

Up

$5,483,934

Up $1,112,638 (+25%) from 2011

Liabilities

Down

$13,645

Down $399,012 (-97%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$947,787

Down $84,090 (-8.1%) from 2011

Net Income

-

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.

$15M$10M$5.0M$0Assets 2010: $3,424,136Liabilities 2010: $11,698Net Assets 2010: $3,412,4382010Assets 2011: $4,783,953Liabilities 2011: $412,657Net Assets 2011: $4,371,2962011Assets 2012: $5,497,579Liabilities 2012: $13,645Net Assets 2012: $5,483,9342012Assets 2013: $6,936,932Liabilities 2013: $160,765Net Assets 2013: $6,776,1672013Assets 2014: $7,881,008Liabilities 2014: $358,888Net Assets 2014: $7,522,1202014Assets 2015: $8,583,685Liabilities 2015: $53,148Net Assets 2015: $8,530,5372015Assets 2016: $9,663,241Liabilities 2016: $994,639Net Assets 2016: $8,668,6022016Assets 2017: $8,930,820Liabilities 2017: $195,281Net Assets 2017: $8,735,5392017Assets 2018: $8,537,314Liabilities 2018: $192,807Net Assets 2018: $8,344,5072018Assets 2019: $8,676,874Liabilities 2019: $115,605Net Assets 2019: $8,561,2692019Assets 2020: $8,870,345Liabilities 2020: $107,261Net Assets 2020: $8,763,0842020Assets 2021: $9,090,525Liabilities 2021: $133,817Net Assets 2021: $8,956,7082021Assets 2022: $9,183,223Liabilities 2022: $171,344Net Assets 2022: $9,011,8792022Assets 2023: $10,132,167Liabilities 2023: $177,316Net Assets 2023: $9,954,8512023Assets 2024: $14,839,800Liabilities 2024: $240,833Net Assets 2024: $14,598,9672024

Highlighted filing

2012

Assets$5,497,579
Liabilities$13,645
Net Assets$5,483,934

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $915,3142010Expenses 2011: $1,031,8772011Expenses 2012: $947,7872012Revenue 2013: $2,419,144Expenses 2013: $1,126,911Net Income 2013: $1,292,2332013Revenue 2014: $1,851,674Expenses 2014: $1,105,721Net Income 2014: $745,9532014Revenue 2015: $2,719,910Expenses 2015: $1,711,493Net Income 2015: $1,008,4172015Revenue 2016: $2,130,436Expenses 2016: $1,992,402Net Income 2016: $138,0342016Revenue 2017: $1,993,573Expenses 2017: $1,926,636Net Income 2017: $66,9372017Revenue 2018: $1,537,215Expenses 2018: $1,928,247Net Income 2018: -$391,0322018Revenue 2019: $2,215,669Expenses 2019: $1,998,907Net Income 2019: $216,7622019Revenue 2020: $1,991,654Expenses 2020: $1,840,314Net Income 2020: $151,3402020Revenue 2021: $2,152,472Expenses 2021: $1,978,345Net Income 2021: $174,1272021Revenue 2022: $2,066,413Expenses 2022: $1,956,298Net Income 2022: $110,1152022Revenue 2023: $3,157,376Expenses 2023: $2,290,992Net Income 2023: $866,3842023Revenue 2024: $6,958,416Expenses 2024: $2,379,167Net Income 2024: $4,579,2492024

Highlighted filing

2012

Revenue-
Expenses$947,787
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Sep 19, 2013
Return Version
2012v2.1
Gross Receipts
$2,060,425
Mission and Program Overview

Mission

To transform lives for homeless families with children of north metro atlanta through a community-based transitional housing program that promotes self-sufficiency.

Major Activities

Activity 2
Adult programs and services rainbow village believes in equipping families in a one to two year period with the necessary tools to become and remain self-sufficient. Most of the heads of households are single mothers working minimum wage jobs with incomes at or below poverty level. Many are domestic violence victims. A social worker, financial program director, classes and mental health counseling provide support for adult residents. Weekly classes focus on financial literacy/workforce development, positive parenting, home management, health and wellness, among others. Families are held accountable by a program covenant to meet regularly with support staff, attend classes, maintain employment and reliable transportation, establish a savings account, debt repayment plan and pay 30% of their income for rent. 10% of the rent payments are held in savings to add to the amounts families are able to save. Savings will provide the necessary funds to secure and maintain permanent housing. All adults must be willing and able to work and have reliable transportation to participate. Over 800 volunteers offered assistance to rainbow village for programs, meals, special events, children and youth programs and home and grounds maintenance in 2012. 20 families, 21 adults, ages 20-57 and 50 children, ages newborn - 18 were served in 2012. Seven families were able to secure and maintain housing without subsidy upon graduating from rainbow village in 2012. 48% of 2012 residents increased their income. Rainbow village is community development at its finest, engaging people from all walks of life to participate. Safe, stable home and community environments, the attainment of new life skills breaking with old patterns of behavior, accountability and initiative are keys to success for families to permanently break the cycles of homelessness, poverty and domestic violence.
Activity 3
Children and youth programs the children and youth of rainbow village participated in an after school program, summer camp and weekly character building sessions, creative arts and play activities and support groups to help them excel academically and socially. This year was an exciting one as several past resident children returned as accomplished adults to take part in rainbow village activities. One young man, age 29, had lived here as a 16 year old. He was on staff as the children/youth program assistant until he obtained full time employment. He joined two other program graduate staff members. We are totally invested in the children and youth of rainbow village as we believe they will be the ones to permanently break the cycles of homelessness, poverty and domestic violence in their families. Academic success was achieved in the after school program with the assistance of gwinnett county school teachers who volunteer as tutors. Other volunteers provided activities for arts, crafts and special events. The importance of play and reclaiming their childhoods, not only at after school, but one evening weekly in a "big recess" program, cannot be overemphasized for the development of these children and youth. Field trips and special events were an exciting part of the program. 37 children/youth ranging in age from 5 to 17 years attended the after school program. Of these students, all but one passed the crct exam and many were on the honor roll and received special recognitions. 35 children attended summer camp on scholarships awarded by the duluth rotary club. For many of these children it was their first camp experience. Youths served as leaders or camp counselors. After school and camp is greatly appreciated not only by the children and youth but, especially by their parents, who can continue to work knowing their children
Filing and Contact Details

Filer

EIN
58-2181183
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IRS990/Activity2/Description0ADULT PROGRAMS AND SERVICES RAINBOW VILLAGE BELIEVES IN EQUIPPING FAMILIES IN A ONE TO TWO YEAR PERIOD WITH THE NECESSARY TOOLS TO BECOME AND REMAIN SELF-SUFFICIENT. MOST OF THE HEADS OF HOUSEHOLDS ARE SINGLE MOTHERS WORKING MINIMUM WAGE JOBS WITH INCOMES AT OR BELOW POVERTY LEVEL. MANY ARE DOMESTIC VIOLENCE VICTIMS. A SOCIAL WORKER, FINANCIAL PROGRAM DIRECTOR, CLASSES AND MENTAL HEALTH COUNSELING PROVIDE SUPPORT FOR ADULT RESIDENTS. WEEKLY CLASSES FOCUS ON FINANCIAL LITERACY/WORKFORCE DEVELOPMENT, POSITIVE PARENTING, HOME MANAGEMENT, HEALTH AND WELLNESS, AMONG OTHERS. FAMILIES ARE HELD ACCOUNTABLE BY A PROGRAM COVENANT TO MEET REGULARLY WITH SUPPORT STAFF, ATTEND CLASSES, MAINTAIN EMPLOYMENT AND RELIABLE TRANSPORTATION, ESTABLISH A SAVINGS ACCOUNT, DEBT REPAYMENT PLAN AND PAY 30% OF THEIR INCOME FOR RENT. 10% OF THE RENT PAYMENTS ARE HELD IN SAVINGS TO ADD TO THE AMOUNTS FAMILIES ARE ABLE TO SAVE. SAVINGS WILL PROVIDE THE NECESSARY FUNDS TO SECURE AND MAINTAIN PERMANENT HOUSING. ALL ADULTS MUST BE WILLING AND ABLE TO WORK AND HAVE RELIABLE TRANSPORTATION TO PARTICIPATE. OVER 800 VOLUNTEERS OFFERED ASSISTANCE TO RAINBOW VILLAGE FOR PROGRAMS, MEALS, SPECIAL EVENTS, CHILDREN AND YOUTH PROGRAMS AND HOME AND GROUNDS MAINTENANCE IN 2012. 20 FAMILIES, 21 ADULTS, AGES 20-57 AND 50 CHILDREN, AGES NEWBORN - 18 WERE SERVED IN 2012. SEVEN FAMILIES WERE ABLE TO SECURE AND MAINTAIN HOUSING WITHOUT SUBSIDY UPON GRADUATING FROM RAINBOW VILLAGE IN 2012. 48% OF 2012 RESIDENTS INCREASED THEIR INCOME. RAINBOW VILLAGE IS COMMUNITY DEVELOPMENT AT ITS FINEST, ENGAGING PEOPLE FROM ALL WALKS OF LIFE TO PARTICIPATE. SAFE, STABLE HOME AND COMMUNITY ENVIRONMENTS, THE ATTAINMENT OF NEW LIFE SKILLS BREAKING WITH OLD PATTERNS OF BEHAVIOR, ACCOUNTABILITY AND INITIATIVE ARE KEYS TO SUCCESS FOR FAMILIES TO PERMANENTLY BREAK THE CYCLES OF HOMELESSNESS, POVERTY AND DOMESTIC VIOLENCE.
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IRS990/Activity3/Description0CHILDREN AND YOUTH PROGRAMS THE CHILDREN AND YOUTH OF RAINBOW VILLAGE PARTICIPATED IN AN AFTER SCHOOL PROGRAM, SUMMER CAMP AND WEEKLY CHARACTER BUILDING SESSIONS, CREATIVE ARTS AND PLAY ACTIVITIES AND SUPPORT GROUPS TO HELP THEM EXCEL ACADEMICALLY AND SOCIALLY. THIS YEAR WAS AN EXCITING ONE AS SEVERAL PAST RESIDENT CHILDREN RETURNED AS ACCOMPLISHED ADULTS TO TAKE PART IN RAINBOW VILLAGE ACTIVITIES. ONE YOUNG MAN, AGE 29, HAD LIVED HERE AS A 16 YEAR OLD. HE WAS ON STAFF AS THE CHILDREN/YOUTH PROGRAM ASSISTANT UNTIL HE OBTAINED FULL TIME EMPLOYMENT. HE JOINED TWO OTHER PROGRAM GRADUATE STAFF MEMBERS. WE ARE TOTALLY INVESTED IN THE CHILDREN AND YOUTH OF RAINBOW VILLAGE AS WE BELIEVE THEY WILL BE THE ONES TO PERMANENTLY BREAK THE CYCLES OF HOMELESSNESS, POVERTY AND DOMESTIC VIOLENCE IN THEIR FAMILIES. ACADEMIC SUCCESS WAS ACHIEVED IN THE AFTER SCHOOL PROGRAM WITH THE ASSISTANCE OF GWINNETT COUNTY SCHOOL TEACHERS WHO VOLUNTEER AS TUTORS. OTHER VOLUNTEERS PROVIDED ACTIVITIES FOR ARTS, CRAFTS AND SPECIAL EVENTS. THE IMPORTANCE OF PLAY AND RECLAIMING THEIR CHILDHOODS, NOT ONLY AT AFTER SCHOOL, BUT ONE EVENING WEEKLY IN A "BIG RECESS" PROGRAM, CANNOT BE OVEREMPHASIZED FOR THE DEVELOPMENT OF THESE CHILDREN AND YOUTH. FIELD TRIPS AND SPECIAL EVENTS WERE AN EXCITING PART OF THE PROGRAM. 37 CHILDREN/YOUTH RANGING IN AGE FROM 5 TO 17 YEARS ATTENDED THE AFTER SCHOOL PROGRAM. OF THESE STUDENTS, ALL BUT ONE PASSED THE CRCT EXAM AND MANY WERE ON THE HONOR ROLL AND RECEIVED SPECIAL RECOGNITIONS. 35 CHILDREN ATTENDED SUMMER CAMP ON SCHOLARSHIPS AWARDED BY THE DULUTH ROTARY CLUB. FOR MANY OF THESE CHILDREN IT WAS THEIR FIRST CAMP EXPERIENCE. YOUTHS SERVED AS LEADERS OR CAMP COUNSELORS. AFTER SCHOOL AND CAMP IS GREATLY APPRECIATED NOT ONLY BY THE CHILDREN AND YOUTH BUT, ESPECIALLY BY THEIR PARENTS, WHO CAN CONTINUE TO WORK KNOWING THEIR CHILDREN
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IRS990/ActivityOrMissionDescription0SEE PAGE 2, PART III
IRS990/ActivityOther/Description0A GRADUATE PROGRAM THAT ALLOWED GRADUATES TO: VOLUNTEER IN RAINBOW VILLAGE PROGRAMS AND SPECIAL FUNDRAISING EVENTS AND ACTIVITIES, MENTOR RESIDENTS AND ATTEND CLASSES, CHILDREN AND YOUTH PROGRAMS. THREE GRADUATE CHILDREN PARTICIPATED IN THE AFTER SCHOOL PROGRAM IN 2012. TWO ADULT GRADUATES HAD OVERSIGHT OF THE ACTIVITIES OF EVENING PROGRAMS. HOLIDAY AND SPECIAL EVENTS ALLOWED FOR FUN GATHERINGS OF FAMILIES, STAFF AND VOLUNTEERS. A BACK TO SCHOOL CELEBRATION OFFERED NEW BOOK BAGS, BOOKS AND SCHOOL SUPPLIES FOR THE SCHOOL YEAR. SCHOLARSHIPS WERE PROVIDED FOR EXTRA-CURRICULAR SCHOOL AND MUSIC ACTIVITIES. EMERGENCY FUNDS WERE PROVIDED FOR CAR REPAIRS, CLOTHING, FOOD OR OTHER EXPENSES. PARTNERSHIPS WITH COMMUNITY ORGANIZATIONS PROVIDED OPPORTUNITIES FOR CONTINUING EDUCATION AND CAREER ADVANCEMENT. DONATED HOME FURNISHINGS AND NEW MATTRESSES WERE PROVIDED TO ENSURE THAT ALL FAMILIES HAD BASIC HOME ESSENTIALS. THESE FURNISHINGS MOVED WITH THE FAMILIES AS THEY RELOCATED TO HOMES OF THEIR OWN.
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IRS990/Description0HOUSING RAINBOW VILLAGE LAUNCHED A CAPITAL CAMPAIGN IN 2010 TO CREATE AN ALL-INCLUSIVE "VILLAGE" TO INTEGRATE HOUSING, ADMINISTRATIVE AND PROGRAM SPACE. IN 2012, PHASE ONE OF THE CAMPAIGN WAS COMPLETED, ON TIME AND UNDER BUDGET. THIS PHASE INCLUDED A FAMILY SERVICE CENTER WHERE FAMILIES MEET WITH STAFF FOR INTERVIEWS, INTAKE AND ONGOING CASE MANAGEMENT MEETINGS. THE FAMILY SERVICE CENTER ALSO HOUSES THE EXECUTIVE AND ADMINISTRATIVE STAFF. TWO THREE-BEDROOM, TWO BATH APARTMENTS WERE ALSO CONSTRUCTED TO SERVE SIX FAMILIES IN EACH APARTMENT BUILDING. THE TEN EXISTING RESIDENT FAMILIES MOVED FROM THE EXISTING APARTMENT AND RENTAL HOMES TO THE NEW COMPLEX. THE FAMILY SERVICE CENTER AND NEW APARTMENTS WERE OCCUPIED IN APRIL 2012. TWO ADDITIONAL FAMILIES WERE ADDED FOR A TOTAL OF 12 FAMILIES AT A TIME TO BE SERVED IN THE NEW VILLAGE. AN ADDITIONAL SIX UNIT, THREE BEDROOM, TWO BATH APARTMENT BUILDING IS SCHEDULED TO OPEN IN EARLY 2014 IN CONJUNCTION WITH THE COMMUNITY CENTER. THE CENTER WILL NOT ONLY PROVIDE PROGRAM SPACE FOR THE EXISTING AFTER SCHOOL PROGRAM AND WEEKLY EDUCATION CLASSES FOR ALL RESIDENTS BUT AN EARLY CHILDHOOD DEVELOPMENT CENTER, DINING HALL, CLASSROOMS, MEDIA CENTER, KITCHEN AND A CHAPEL ARE ALSO PLANNED FOR THE COMMUNITY CENTER. THE CENTER WILL COMPLETE PHASE TWO OF THE CAMPAIGN WITH THE THIRD APARTMENT BUILDING BEING A PART OF THE FINAL (PHASE THREE) PLAN OF THE CAMPAIGN. EACH PHASE HAS BEEN COMPLETELY FUNDED BEFORE CONSTRUCTION BEGAN IN ORDER FOR RAINBOW VILLAGE TO REMAIN DEBT-FREE. UPON COMPLETION OF THE CAMPAIGN, PROJECTED FOR 2015, RAINBOW VILLAGE WILL SERVE 30 FAMILIES WITH CHILDREN, OR APPROXIMATELY 120 FAMILY MEMBERS, FOR A ONE TO TWO YEAR PERIOD TO BREAK THE CYCLES OF HOMELESSNESS, POVERTY AND DOMESTIC VIOLENCE.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.8$0.24$14.6$6.96$2.38$4.58
2023Detailed filing. Detailed filing data is available for this year.$10.1$0.18$9.95$3.16$2.29$0.87
2022Detailed filing. Detailed filing data is available for this year.$9.18$0.17$9.01$2.07$1.96$0.11
2021Detailed filing. Detailed filing data is available for this year.$9.09$0.13$8.96$2.15$1.98$0.17
2020Detailed filing. Detailed filing data is available for this year.$8.87$0.11$8.76$1.99$1.84$0.15
2019Detailed filing. Detailed filing data is available for this year.$8.68$0.12$8.56$2.22$2.00$0.22
2018Detailed filing. Detailed filing data is available for this year.$8.54$0.19$8.34$1.54$1.93$0.39
2017Detailed filing. Detailed filing data is available for this year.$8.93$0.20$8.74$1.99$1.93$0.07
2016Detailed filing. Detailed filing data is available for this year.$9.66$0.99$8.67$2.13$1.99$0.14
2015Detailed filing. Detailed filing data is available for this year.$8.58$0.05$8.53$2.72$1.71$1.01
2014Detailed filing. Detailed filing data is available for this year.$7.88$0.36$7.52$1.85$1.11$0.75
2013Detailed filing. Detailed filing data is available for this year.$6.94$0.16$6.78$2.42$1.13$1.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.50$0.01$5.48$0.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.78$0.41$4.37$1.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.42$0.01$3.41$0.92