RAIN Inc
Nonprofit profile at a glance
- EIN
- 561825247
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Charlotte, NC, USA
- Phone
- 7043727246
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $7,988,690
- Expenses
- $7,710,118
- Assets
- $3,932,844
- Liabilities
- $1,276,634
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Chelsea Gulden (President and CEO)
Highest reported compensation
- Chelsea Gulden (President and CEO): $174,414 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
RAIN empowers Persons Living With Human Immunodeficiency Virus(PLWH) and those at risk to be healthy and stigma free.
What it reported doing in 2024
-PrEP/PEP Programs Prep (pre-exposure prophylaxis) and PEP is biomedical Human Immunodeficiency Virus prevention strategy for Human Immunodeficiency Virus negative people that reduces the risk of contracting the virus. RAIN connects Human Immunodeficiency Virus negative people to a prescribing physician to obtain medications to reduce the risk of contracting Human Immunodeficiency Virus. In 2024, 26 individuals were served in this program.-Health Insurance Assistance Services - Expert guidance for uninsured PLWH, including assistance with reviewing eligible health care plans, enrollment in appropriate, affordable coverage, and premium assistance for those that qualify. In 2024, 249 individuals were served through health insurance assistance services. -Services for the Spanish Speaking Community - Staff members address unique cultural barriers to healthcare and engage clients in medical care with the goal of long term retention and viral suppression. In 2024, 26% of clients served by RAIN identified as having latino ethnicity.-Early Intervention Services (EIS) preforms outreach activities to identify PLWH who are not in care or those that are unaware of their Human Immunodeficiency Virus status. In 2024, 110 individuals were served through the EIS program.-Human Immunodeficiency Virus testing is performed to identify PLWH and unaware of their status or at risk. Human Immunodeficiency Virus testing staff link individuals who are testing to follow-up care depending on their unique Needs. Human Immunodeficiency Virus/STD testing is offered at our main office (Monday through Friday from 9am to 5pm and Wednesday evenings from 5 to 7pm), at our drop-in center (Monday through Friday 9am to 5pm, Thursday evenings from 5 to 7pm, and Saturdays from 11am to 3pm), and in the community. In 2024, 1550 people were tested by RAIN's outreach department.- Ease (Enhancing Wellness Through Affirming Services and Education) RAIN partners with crew to help individuals decide if they are ready for treatment through a holistic wellness program that focuses on harm reduction based one-on-one counseling, group support and substance use treatment. In 2024, RAIN staff served 6 individuals through this RAIN, Inc. 56-1825247 partnership.-Awareness, prevention education, and outreach events RAIN provides free programs to educate the community on the state of Human Immunodeficiency Virus in our community, Human Immunodeficiency Virus/STI prevention, and promoting the end of Human Immunodeficiency Virus stigma. In 2024, 36 people attended awareness and/or prevention education.-In 2024, RAIN served 540 unique individuals. 93.71% live at or below 300% of the federal poverty level. 13% of clients utilized multiple services at RAIN.
Operating model
- Revenue model
- Earned-program. 63% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 87% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 100
- Accountability: 100
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90%; rating input score 90
- Program expense ratio: 93.2%; rating input score 93
- Fundraising efficiency: $7.73 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.5%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.51; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.32; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 2.3%; rating input score 74; 74th percentile among comparable filings
Growth
- Program expense growth: 19.1% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 17% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 22.4% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 90% of revenue deployed · 93.2% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $7.2M in reported program spending
- Leadership: top reported pay $174K · 15 people listed
- Highest-paid contractors: 1 contractor listed · $320K reported
- Consistency: 36 of 36 current checks pass
- Schedules: 8 filed schedules · includes major donors and grants
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 29/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.