Rainbow Hospice Care Inc
Nonprofit profile at a glance
- EIN
- 391628298
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Jefferson, WI, USA
- Phone
- 9206746255
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Standard
Reported finances
- Revenue
- $12,676,829
- Expenses
- $13,171,804
- Assets
- $18,734,592
- Liabilities
- $2,350,356
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- CAROL BROWN (PRESIDENT & CEO)
Highest reported compensation
- KAREN LACKE CARRIG (VP OF DEVELOPMENT): $307,319 total reported compensation
- THOMAS MCGOREY (MEDICAL DIRECTOR): $290,279 total reported compensation
- CAROL BROWN (PRESIDENT & CEO): $196,575 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide comfort, care and meaning for patients who are terminally ill and provide support for their family and friends.
What it reported doing in 2024
Rainbow community care offers comprehensive end-of-life care to patients and families, as well as supportive care management for patients with life-limiting illnesses. This expert care is provided by an interdisciplinary team including registered nurses, certified nursing assistants, medical social workers, chaplains, grief counselors, physicians, nurse practitioners, registered dieticians, pharmacists, and volunteers. Our staff and volunteers focus on each patient's individual needs with an emphasis on providing comfort and dignity during this last part of their life journey. Families are supported with their caregiving role and with grief support. Bereavement counseling is provided at no cost to family of hospice patients for a minimum of thirteen months following the patient's death. We provided 65,493 days of care to 825 hospice patients during 2024. Of this total, 2,236 days of care were provided to 218 patients at our hospice inpatient center. Palliative care services were provided to 261 patients. Approximately $87,425 of services were provided at a discounted cost or no cost to patients meeting our charitable care guidelines. Members of the local community volunteered 9,904 hours to the organization in 2024, providing extra support for patients and families, as well as administrative, housekeeping, and various other tasks to support the organization.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 85
- Accountability: 100
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87%; rating input score 87
- Program expense ratio: 84.8%; rating input score 85
- Fundraising efficiency: $3.24 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -3.9%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 1.42; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 12%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 9.2% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 8.2% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 6.3% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 87% of revenue deployed · 84.8% of spending went to programs
- Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $11.2M in reported program spending
- Leadership: top reported pay $307K · 20 people listed · 3 of 6 pay-setting controls reported
- Consistency: 34 of 34 current checks pass
- Schedules: 6 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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 12/100.
- High — Sustainability: Operating margin scored 19/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Officer compensation ratio scored 14/100.