Reins and Rainbows Inc

Nonprofit profile at a glance

EIN
272415065
IRS 990-EZ coverage
2010–2025
Forms available
Form 990 2024, Form 990-EZ 2025
Location
Wabash, IN, USA
Phone
2605713129
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Health Treatment Facilities, Primarily Outpatient

Reported finances

Revenue
$172,383
Expenses
$249,135
Assets
$202,050
Liabilities
$45,490

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

Leadership & pay

5 people listed

Executive titles in this filing

  • SANDY WHEELER (Vice President)

People named in this filing

  • ANNETTE E DUBOIS (Treasurer)
  • TERESA L VALENTINE (Secretary)
  • JAN ROLAND (Director)

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

Overview

Mission

To serve children, youth, adults and families by providing emotional and behavioral supprt through experiential learning and cognitive behavioral therapy. Assisted by equine partners who provide stability and unconditional regard, a safe and supportive environment is created in which to learn and practice life skills and behaviors that will enhance the quality of life of the individual, family and the community in which they live.

What it reported doing in 2025

1. Reunification and transitioning of children in foster care returning home with their parents.2. Drug/alcohol relapse prevention group for young adults3. Therapeutic support for youth turning 18 and aging out of DCS/probation who are transitioning into college and independent living4. Behavior support for children and youth who have violated the law5. Social skills groups for children age 6 to 106. Community service hours for individuals on probation7. Pro-bono mental health therapy8. Volunteer program for individuals (some with special needs) to interact with a horse

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -44.5%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 13.9% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 12.1% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 19.2% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $249K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Sustainability: Operating margin scored 2/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.