Rainbows in Gastro

Nonprofit profile at a glance

EIN
991517714
IRS 990 coverage
2025–2025
Forms available
Form 990 2025, Form 990-N 2024
Location
Chicago, IL, USA
Phone
2032187749
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Digestive Diseases, Disorders

Official website

Reported finances

Revenue
$261,175
Expenses
$69,294
Assets
$194,953
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • LAURA TARGOWNIK (PRESIDENT)

People named in this filing

  • REBECCA BURBRIDGE (BOARD MEMBER)
  • VICTOR CHEDID (SECRETARY)
  • NIKKI DUONG (CO-EXECUTIVE)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is summarized by charm which stands for: community, healing, advocacy, research, and mentorship. Through each of these pillars, we seek to engage with our community in meaningful ways in order to ultimately provide precision digestive health-related care for our lgbtqia+ patients.

What it reported doing in 2025

Other programs that rainbows in gastro was able to sponsor include a symposium at digestive disease week, where speakers discussed anorectal health and a webinar for lgbtqia+ trainees interested in applying to gastroenterology fellowship. The organization is also in the process of developing an online module looking to improve knowledge of anal cancer screening, as well as anorectal sexually transmitted infections and their management. This module is to be formally released in 2026 with subsequent analysis to determine effectiveness. Along with this, it should be noted that rainbows in gastro board members and general members have published numerous papers in 2025 in major gastroenterology and hepatology journals.

Operating model

Revenue model
Donor-supported. 100% 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 most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 36
  • Transparency & Controls: 92
  • Accountability: 82
  • Sustainability: 82
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 20.3%; rating input score 20
  • Program expense ratio: 76.4%; rating input score 76
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • 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: 73.5%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 2.81; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 20.3% of revenue deployed · 76.4% of spending went to programs
  • Governance: 10 of 10 board members independent · 4 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $53K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 13 of 13 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • 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: Mission deployment rate scored 20/100.
  • Review — Accountability: Governance controls: 2 of 6 not reported.