Rainbow Express Depot Child Care Center Inc

Nonprofit profile at a glance

EIN
742455842
IRS 990-EZ coverage
2010–2022
Forms available
Form 990-EZ 2022
Location
Van Horn, TX, USA
Phone
4322832704
Rating
91
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$155,284
Expenses
$118,361
Assets
$87,096
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Rebecca L Brewster (President)

People named in this filing

  • Rebecca L Brewster (President)
  • Sarah O'Donnell (Secretary)
  • Deanna Lucas Proctor (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Child Care Program: Operated Day Care Center licensed by Texas Department of Protective and Regulatory Services for up to 59 children.

Operating model

Revenue model
Donor-supported. 67% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 100
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.2%; rating input score 76
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 23.8%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 0.74; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
  • Officer compensation ratio: 14.6%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 1.4% per year; rating input score 100; 38th percentile among comparable filings
  • Revenue growth: 3.2% per year; rating input score 100; 43rd percentile among comparable filings
  • Asset growth: 15.8% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 76.2% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $118K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2010 to 2022
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.