Rainbow of Hope

Nonprofit profile at a glance

EIN
813984688
IRS 990 coverage
2017–2018
Forms available
Form 990 2018, Form 990-N 2016
Location
Gorin, MO, USA
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Rape Victim Services
Affiliation
Christianity

Reported finances

Revenue
$154,399
Expenses
$104,209
Assets
$591,521
Liabilities
$191,000

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

9 people listed

People named in this filing

  • Alvin H Good (Director Treasurer)
  • Troy L Martin (Director Secretary)
  • Curvin M Martin (Director Chairman)

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

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Providing a Christian Home environment for women and girls who are hurting mentally, relationally, emotionally, or spiritually. Restoring them to functional Christian family and church lifestyle by providing Bible-based mentoring and spiritual guidance.

What it reported doing in 2018

Providing a Christian Home environment for women and girls who are hurting mentally, relationally, emotionally, or spiritually. Restoring them to functional Christian family and church lifestyles by providing Bible-based mentoring and spiritual guidance. For 2018, this program had 11 residents.

Operating model

Revenue model
Donor-supported. 65% 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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 100
  • Accountability: 70
  • Sustainability: 76
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.5%; rating input score 67
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 88.9%; rating input score 89; 23rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 32.5%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 5.68; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0.32; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: 169.2% per year; rating input score 100; 100th percentile among comparable filings
  • Revenue growth: -79.6% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: 32.7% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 67.5% of revenue deployed · 100% of spending went to programs
  • Governance: 8 of 9 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $104K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 2 filing years from 2017 to 2018
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.