Civic Intelligence

Rainbow Services Ltd.

990 • Fiscal year 2023 • EIN 95-3855705

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 23, 2023

453 W 7th StreetSan Pedro, CA 90731

(310) 548-5450

Siviq Scores

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

Liabilities / Assets

58th percentile

0.20x

Higher debt load relative to assets than 58% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

56th percentile

0.23x

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

34th percentile

-1.4%

Higher net margin than 34% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

46th percentile

$118,008

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

58th percentile

8.3%

Faster asset growth than 58% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

43rd percentile

2.7%

Faster revenue growth than 43% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$6,221,985

Up $478,365 (+8.3%) from 2022

Net Assets

Down

$5,001,403

Down $76,410 (-1.5%) from 2022

Liabilities

Up

$1,220,582

Up $554,775 (+83%) from 2022

Revenue

Up

$5,406,327

Up $144,109 (+2.7%) from 2022

Expenses

Up

$5,482,737

Up $209,283 (+4.0%) from 2022

Net Income

Down

-$76,410

Down $65,174 (-580%) from 2022

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 2011: $4,646,487Liabilities 2011: $3,097,634Net Assets 2011: $1,548,8532011Assets 2012: $4,791,759Liabilities 2012: $3,201,517Net Assets 2012: $1,590,2422012Assets 2013: $4,724,549Liabilities 2013: $2,411,809Net Assets 2013: $2,312,7402013Assets 2014: $4,914,788Liabilities 2014: $2,148,508Net Assets 2014: $2,766,2802014Assets 2015: $4,872,301Liabilities 2015: $1,564,442Net Assets 2015: $3,307,8592015Assets 2016: $4,703,553Liabilities 2016: $1,183,178Net Assets 2016: $3,520,3752016Assets 2017: $4,575,134Liabilities 2017: $974,852Net Assets 2017: $3,600,2822017Assets 2018: $4,459,322Liabilities 2018: $839,035Net Assets 2018: $3,620,2872018Assets 2019: $4,643,287Liabilities 2019: $638,440Net Assets 2019: $4,004,8472019Assets 2020: $4,827,835Liabilities 2020: $1,067,588Net Assets 2020: $3,760,2472020Assets 2021: $6,125,861Liabilities 2021: $1,036,812Net Assets 2021: $5,089,0492021Assets 2022: $5,743,620Liabilities 2022: $665,807Net Assets 2022: $5,077,8132022Assets 2023: $6,221,985Liabilities 2023: $1,220,582Net Assets 2023: $5,001,4032023Assets 2024: $4,996,841Liabilities 2024: $1,240,519Net Assets 2024: $3,756,3222024

Highlighted filing

2023

Assets$6,221,985
Liabilities$1,220,582
Net Assets$5,001,403

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,060,774Expenses 2011: $2,026,837Net Income 2011: $33,9372011Revenue 2012: $2,061,135Expenses 2012: $2,019,746Net Income 2012: $41,3892012Revenue 2013: $2,832,851Expenses 2013: $2,110,353Net Income 2013: $722,4982013Revenue 2014: $2,762,613Expenses 2014: $2,309,073Net Income 2014: $453,5402014Revenue 2015: $2,934,175Expenses 2015: $2,392,596Net Income 2015: $541,5792015Revenue 2016: $2,592,911Expenses 2016: $2,380,395Net Income 2016: $212,5162016Revenue 2017: $2,831,329Expenses 2017: $2,751,422Net Income 2017: $79,9072017Revenue 2018: $3,228,662Expenses 2018: $3,208,657Net Income 2018: $20,0052018Revenue 2019: $3,898,060Expenses 2019: $3,513,500Net Income 2019: $384,5602019Revenue 2020: $3,717,743Expenses 2020: $3,962,343Net Income 2020: -$244,6002020Revenue 2021: $5,856,278Expenses 2021: $4,527,476Net Income 2021: $1,328,8022021Revenue 2022: $5,262,218Expenses 2022: $5,273,454Net Income 2022: -$11,2362022Revenue 2023: $5,406,327Expenses 2023: $5,482,737Net Income 2023: -$76,4102023Revenue 2024: $3,962,266Expenses 2024: $5,207,347Net Income 2024: -$1,245,0812024

Highlighted filing

2023

Revenue$5,406,327
Expenses$5,482,737
Net Income-$76,410
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 23, 2023
Return Version
2022v5.0
Gross Receipts
$5,421,861
Mission and Program Overview

Mission

The mission of rainbow services is to provide emergency shelter and other services for victims of domestic violence. The organization seeks to end the cycle of family violence.

Rainbow services provides shelter and support to anyone impacted by domestic violence, empowering them to move beyond trauma, towards safety and stability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,650,897$3,942,552▲ $291,655
Pledges and Grants Receivable$1,021,632$1,731,089▲ $709,457
Prepaid Expenses and Deferred Charges$90,866$171,545▲ $80,679
Cash and Non-Interest-Bearing Accounts$767,644$83,844▼ $683,800
Savings and Temporary Cash Investments$207,281$57,368▼ $149,913
Total Assets$5,743,620$6,221,985▲ $478,365
Other Assets Total$5,300$235,587▲ $230,287
Liabilities
Other Liabilities$435,937$930,661▲ $494,724
Accounts Payable and Accrued Expenses$98,480$158,531▲ $60,051
Mortgage Notes Payable Secured by Investment Property$84,264$84,264→ $0
Deferred Revenue$47,126$47,126→ $0
Total Liabilities$665,807$1,220,582▲ $554,775
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,029,968$4,953,558▼ $76,410
Net Assets With Donor Restrictions$47,845$47,845→ $0
Total Net Assets Fund Balance$5,077,813$5,001,403▼ $76,410
Total Liabilities and Net Assets / Fund Balance$5,743,620$6,221,985▲ $478,365

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,278,925$2,304,161$5,583,086
Land$647,082-$647,082
Equipment$985$117,151$118,136
Other Land Buildings$15,560$22,797$38,357
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Marci FukurodaDirector of OperFT$118,008$118,008
Gina LansingDirector ofFT$116,335$116,335
Brenda MagidDirector Legal SFT$103,301$103,301
Tatiana DormanDirector CommuniFT$100,604$100,604

Board Members and Trustees

NameTitle
Alison RomerBoard Member
Carey RomerBoard Member
Lisa TakamiBoard Member
Meredith HightowerBoard Member
Rachael RobinsonBoard Member
Rajeev KapurBoard Member
Shannon MinorBoard Member
Tracy HandBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$5,405,462
Program Service Revenue
$0
Investment Income
$865
Other Revenue
$0
All Other Contributions
$1,376,774
Change in Net Assets
$-76,410

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,406,327
Total Revenue per Audited Statements
$5,406,327
Total Revenue per Form 990
$5,406,327
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,792,274
Other Expenses$1,690,463
Total Fundraising Expense$81,736
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,258,246$456,377$77,651$3,792,274
Fees for Services Other$256,331$19,007-$275,338
All Other Expenses$185,582$38,376$1,960$225,918
Depreciation Depletion$91,563$56,328-$147,891
Other Expenses$81,677$8,080$2,125$89,757
Insurance$47,320$11,496-$58,816
Travel$12,121$2,249-$14,370
Interest-$6,834-$6,834
Total Functional Expenses$4,721,528$679,473$81,736$5,482,737

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,482,737
Total Expenses per Audited Statements$5,482,737
Total Expenses per Form 990$5,482,737
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$15,534
Fundraising Gross Income$15,534
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Events$58,784$15,534$15,534$0
Total Events$58,784$15,534$15,534-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll & Payroll Taxes$498,047
Operating Lease Liabilties$230,287
Line of Credit$200,000
Vp Rent Deposit$2,327
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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, Page 6, Part VI, Line 11B

The board of directors finance committe members review the tax return with the director of finance, executive director, and auditing firm representative. The return is then presented to the entire board of directors by the members of the finance committee for approval.

Form 990, Page 6, Part VI, Line 12C

The monitoring and enforcement of the conflict of interest policy is achieved by discussion at board meetings during the year as needed and self disclosure.

Form 990, Page 6, Part VI, Line 15A

To review and formulate all salaries and changes in salaries, rainbow services uses a salary survey provided annually by the center for non- profit management. The survey is updated annually by the center for non- profit management, and made available for purchase in the spring every year. Rainbow management reviews salary ranges and individual salaries each year during our budgeting process using the latest published survey as a benchmark. The executive director's salary is reviewed by the executive committee of the board of directors, while preparing for the executive director's annual date of hire anniversary review. The most recent salary survey is used as a benchmark within this review process, along with performance and other goals that had been set by the board. The executive committee makes recommendations to the full board of directors once the review is accomplished, and the full board votes on any changes recommended.

Form 990, Page 6, Part VI, Line 18

The organization's 990 can be found on the guide star website.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Rainbow Services Ltd
EIN
95-3855705
Phone
3105485450
Address
453 W 7TH STREET, SAN PEDRO, CA 90731

Signing Officer

Name
Gina Lansing
Title
Director of Finance
Phone
3105485450
Signed
2023-04-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gina Lansing
Formed
1983
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
75
Volunteers
15

Preparer

Firm
Black & Condie Llp
Address
23505 CRENSHAW BLVD STE 155, TORRANCE, CA 90505
Preparer
Jeffrey L Black
Phone
3105309600
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Rainbow services is the south bay's leading provider of services and shelter for anyone wishing to permanently escape the cycle of domestic violence. Our holistic approach provides secure housing and a full range of services to empower participants as they transition to stability and independence. Rainbow services also offers education for organizations, businesses and the community at large to increase awareness of domestic violence in order to bring an end to the cycle of abuse and violence in families.

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IRS990/MissionDesc0RAINBOW SERVICES IS THE SOUTH BAY'S LEADING PROVIDER OF SERVICES AND SHELTER FOR ANYONE WISHING TO PERMANENTLY ESCAPE THE CYCLE OF DOMESTIC VIOLENCE. OUR HOLISTIC APPROACH PROVIDES SECURE HOUSING AND A FULL RANGE OF SERVICES TO EMPOWER PARTICIPANTS AS THEY TRANSITION TO STABILITY AND INDEPENDENCE. RAINBOW SERVICES ALSO OFFERS EDUCATION FOR ORGANIZATIONS, BUSINESSES AND THE COMMUNITY AT LARGE TO INCREASE AWARENESS OF DOMESTIC VIOLENCE IN ORDER TO BRING AN END TO THE CYCLE OF ABUSE AND VIOLENCE IN FAMILIES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RAINBOW SERVICES IS THE SOUTH BAY'S LEADING PROVIDER OF SERVICES AND SHELTER FOR ANYONE WISHING TO PERMANENTLY ESCAPE THE CYCLE OF DOMESTIC VIOLENCE. OUR HOLISTIC APPROACH PROVIDES SECURE HOUSING AND A FULL RANGE OF SERVICES TO EMPOWER PARTICIPANTS AS THEY TRANSITION TO STABILITY AND INDEPENDENCE. RAINBOW SERVICES ALSO OFFERS EDUCATION FOR ORGANIZATIONS, BUSINESSES AND THE COMMUNITY AT LARGE TO INCREASE AWARENESS OF DOMESTIC VIOLENCE IN ORDER TO BRING AN END TO THE CYCLE OF ABUSE AND VIOLENCE IN FAMILIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS FINANCE COMMITTE MEMBERS REVIEW THE TAX RETURN WITH THE DIRECTOR OF FINANCE, EXECUTIVE DIRECTOR, AND AUDITING FIRM REPRESENTATIVE. THE RETURN IS THEN PRESENTED TO THE ENTIRE BOARD OF DIRECTORS BY THE MEMBERS OF THE FINANCE COMMITTEE FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MONITORING AND ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY IS ACHIEVED BY DISCUSSION AT BOARD MEETINGS DURING THE YEAR AS NEEDED AND SELF DISCLOSURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO REVIEW AND FORMULATE ALL SALARIES AND CHANGES IN SALARIES, RAINBOW SERVICES USES A SALARY SURVEY PROVIDED ANNUALLY BY THE CENTER FOR NON- PROFIT MANAGEMENT. THE SURVEY IS UPDATED ANNUALLY BY THE CENTER FOR NON- PROFIT MANAGEMENT, AND MADE AVAILABLE FOR PURCHASE IN THE SPRING EVERY YEAR. RAINBOW MANAGEMENT REVIEWS SALARY RANGES AND INDIVIDUAL SALARIES EACH YEAR DURING OUR BUDGETING PROCESS USING THE LATEST PUBLISHED SURVEY AS A BENCHMARK. THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, WHILE PREPARING FOR THE EXECUTIVE DIRECTOR'S ANNUAL DATE OF HIRE ANNIVERSARY REVIEW. THE MOST RECENT SALARY SURVEY IS USED AS A BENCHMARK WITHIN THIS REVIEW PROCESS, ALONG WITH PERFORMANCE AND OTHER GOALS THAT HAD BEEN SET BY THE BOARD. THE EXECUTIVE COMMITTEE MAKES RECOMMENDATIONS TO THE FULL BOARD OF DIRECTORS ONCE THE REVIEW IS ACCOMPLISHED, AND THE FULL BOARD VOTES ON ANY CHANGES RECOMMENDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S 990 CAN BE FOUND ON THE GUIDE STAR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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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.$5.00$1.24$3.76$3.96$5.21$1.25
2023Detailed filing. Detailed filing data is available for this year.$6.22$1.22$5.00$5.41$5.48$0.08
2022Detailed filing. Detailed filing data is available for this year.$5.74$0.67$5.08$5.26$5.27$0.01
2021Detailed filing. Detailed filing data is available for this year.$6.13$1.04$5.09$5.86$4.53$1.33
2020Summary only. Only limited summary data is available for this year.$4.83$1.07$3.76$3.72$3.96$0.24
2019Summary only. Only limited summary data is available for this year.$4.64$0.64$4.00$3.90$3.51$0.38
2018Detailed filing. Detailed filing data is available for this year.$4.46$0.84$3.62$3.23$3.21$0.02
2017Detailed filing. Detailed filing data is available for this year.$4.58$0.97$3.60$2.83$2.75$0.08
2016Detailed filing. Detailed filing data is available for this year.$4.70$1.18$3.52$2.59$2.38$0.21
2015Detailed filing. Detailed filing data is available for this year.$4.87$1.56$3.31$2.93$2.39$0.54
2014Detailed filing. Detailed filing data is available for this year.$4.91$2.15$2.77$2.76$2.31$0.45
2013Summary only. Only limited summary data is available for this year.$4.72$2.41$2.31$2.83$2.11$0.72
2012Summary only. Only limited summary data is available for this year.$4.79$3.20$1.59$2.06$2.02$0.04
2011Summary only. Only limited summary data is available for this year.$4.65$3.10$1.55$2.06$2.03$0.03