Rainbow Health Minnesota

Nonprofit profile at a glance

EIN
411524746
IRS 990 coverage
2010–2022
Forms available
Form 990 2022
Location
Minneapolis, MN, USA
Phone
6123732407
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Health Treatment Facilities, Primarily Outpatient

Official website

Reported finances

Revenue
$13,975,786
Expenses
$11,985,898
Assets
$4,867,650
Liabilities
$744,762

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

Leadership & pay

20 people listed

Executive titles in this filing

  • JEREMY HANSON WILLIS (CEO)

Highest reported compensation

  • JEREMY HANSON WILLIS (CEO): $183,864 total reported compensation
  • FELICIA RING (FINANCE DIRECTOR): $93,028 total reported compensation

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

Overview

Mission

To work for equitable health care access and outcomes for people who experience injustice at the intersection of health status and identity.

What it reported doing in 2022

Client services Minnesota aidsline: provides information about HIV and referrals to HIV-related services in Minnesota through in-person, phone, text and web-based services. Available for people living with HIV, friends, partners, families, service providers, and others wanting information about HIV or resources. Telephone interpretation services available in many languages. Through its quick connect process, they also provide short-term assistance to persons who are newly diagnosed with HIV, new to Minnesota, or not currently receiving care with information on services available in the community. Case management: provides assistance to individuals living with HIV to access resources including health insurance, medical care, and financial assistance to maintain health and meet basic living needs. Case management is provided to eligible residents of the twin cities area and duluth. Financial assistance: provides emergency financial assistance for rent, mortgage, security deposits, utilities, medical care, health insurance premiums, and food to eligible people living with HIV. Transportation: provides transportation for people living with HIV in the twin cities metro through taxi and/or bus passes. Includes rides to doctors, medical clinics, speech and physical therapy, pharmacy, dental, HIV case management, and eye care. Health insurance and benefits counseling: assists people for public insurance programs with health insurance navigation; and assists the public, with a specific focus on reaching people who identify as lgbtq+, people living with HIV who are not eligible for public insurance programs and people living in communities affected by HIV.housing: assists individuals and families who are homeless or at risk for homelessness to obtain and keep safe, affordable housing. They help find housing, educate on tenant's rights and responsibilities, and provide short-term rental assistance. We also advocate for policies that support access to affordable housing for people living with HIV and educate HIV providers about housing systems and alert them to affordable housing opportunities. Legal services: assists with HIV-related legal matters including public benefits denial, estate planning, housing and employment discrimination, workplace accommodation, debt and credit resolution, confidentiality, immigration, social security disability issues.

Operating model

Revenue model
Grant-funded. 67% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 59% for direct work, and 41% for grants.

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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 83
  • Accountability: 95
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.2%; rating input score 74
  • Program expense ratio: 86.4%; rating input score 86
  • Fundraising efficiency: $41.98 raised per $1 spent on fundraising; rating input score 71; 71st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • 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; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 14.2%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 0.41; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 2.3%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: 12.4% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 9.8% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 3.7% per year; rating input score 100; 29th percentile among comparable filings

Details

  • Where the money goes: 74.2% of revenue deployed · 86.4% of spending went to programs
  • Governance: 18 of 18 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $10.4M in reported program spending
  • Leadership: top reported pay $184K · 20 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 10 filing years from 2010 to 2022
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.