Camp Rainbow Inc
Camp Rainbow Inc. shows strong asset growth and no debt, but recent expenses have outpaced revenue.
EIN: 205004710 · Clarksville, TN · NTEE: P30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $239K |
| Total Expenses | $184K |
| Program Spending | 90% |
| Net Assets | $404K |
| Transparency Score | 85/100 |
Is Camp Rainbow Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Camp Rainbow Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Camp Rainbow Inc
Camp Rainbow Inc (EIN: 205004710) is a nonprofit organization based in Clarksville, TN, classified under NTEE code P30. The organization reported total revenue of $239K and total assets of $498K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camp Rainbow Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Camp Rainbow Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $148K |
| Total Expenses | $184K |
| Surplus / Deficit | $-35,546 |
| Total Assets | $404K |
| Net Assets | $404K |
| Operating Margin | -24.0% |
| Months of Reserves | 26.4 months |
Financial Health Grade: B
In 2023, Camp Rainbow Inc reported a deficit of $36K with expenses exceeding revenue, holds 26.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Camp Rainbow Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.4% | +17.5% | -8.1% |
| 2022 | -10.2% | +196.7% | -10.2% |
| 2021 | +45.8% | +12.3% | +15.5% |
| 2020 | -54.3% | -72.2% | +8.8% |
| 2019 | -14.0% | +27.6% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Camp Rainbow Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Camp Rainbow Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $36K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has been reported as 0% across all available filings, indicating that the organization is likely volunteer-led or has a very lean administrative structure with no paid officers, which is highly commendable for an organization of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Camp Rainbow Inc's IRS 990 filings:
- Expenses exceeding revenue in recent years (e.g., 2023 expenses $183,662 vs. revenue $148,116)
- Potential reliance on reserves to cover operational deficits if current trends continue
Strengths
The following positive indicators were identified for Camp Rainbow Inc:
- Zero liabilities across all reported periods
- Consistent asset growth over the past decade, reaching $498,173
- 0% officer compensation, indicating high program efficiency and volunteer leadership
- Consistent IRS 990 filing history demonstrating transparency
Frequently Asked Questions about Camp Rainbow Inc
Is Camp Rainbow Inc a legitimate charity?
Camp Rainbow Inc (EIN: 205004710) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $239K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Camp Rainbow Inc spend its money?
Camp Rainbow Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Camp Rainbow Inc tax-deductible?
Camp Rainbow Inc is registered as a tax-exempt nonprofit (EIN: 205004710). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Camp Rainbow Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Camp Rainbow Inc is above average for NTEE category P30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Camp Rainbow Inc located?
Camp Rainbow Inc is headquartered in Clarksville, Tennessee and files with the IRS under EIN 205004710. It is classified under NTEE code P30.
How many years of IRS 990 filings does Camp Rainbow Inc have?
Camp Rainbow Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $239K in total revenue.
Is Camp Rainbow Inc. financially sustainable given recent expense trends?
While Camp Rainbow Inc. has strong assets and no liabilities, the trend of expenses exceeding revenue in 2023 and 2022 (e.g., $183,662 expenses vs. $148,116 revenue in 2023) warrants closer examination to ensure long-term sustainability without depleting reserves.
How does Camp Rainbow Inc. manage to operate without officer compensation?
The consistent reporting of 0% officer compensation suggests that Camp Rainbow Inc. is either entirely volunteer-run at the executive level or that any compensation falls under other expense categories, which would require further detail from their full 990 filings to confirm.
What is the primary source of Camp Rainbow Inc.'s revenue?
The provided data only shows total revenue figures. To understand the primary sources (e.g., donations, grants, program service fees), one would need to review the detailed revenue breakdown in their full IRS 990 forms.
Filing History
IRS 990 filing history for Camp Rainbow Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Camp Rainbow Inc's revenue has grown by 11.4%, moving from $133K to $148K. Total assets increased by 33.1% over the same period, from $303K to $404K. Total functional expenses rose by 51.2%, from $121K to $184K. In its most recent filing year (2023), Camp Rainbow Inc reported a deficit of $36K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $148K | $184K | $404K | $0 | — | — |
| 2022 | $106K | $156K | $439K | $0 | — | View 990 |
| 2021 | $118K | $53K | $489K | $0 | — | View 990 |
| 2020 | $81K | $47K | $424K | $0 | — | View 990 |
| 2019 | $177K | $169K | $390K | $0 | — | View 990 |
| 2018 | $206K | $132K | $381K | $0 | — | View 990 |
| 2017 | $57K | $115K | $307K | $0 | — | View 990 |
| 2016 | $122K | $110K | $364K | $0 | — | View 990 |
| 2015 | $106K | $121K | $352K | $0 | — | View 990 |
| 2014 | $149K | $112K | $367K | $0 | — | View 990 |
| 2013 | $126K | $121K | $330K | $0 | — | View 990 |
| 2012 | $143K | $121K | $325K | $0 | — | View 990 |
| 2011 | $133K | $121K | $303K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $148K, expenses of $184K, and assets of $404K (revenue +39.4% year-over-year).
- 2022: Revenue of $106K, expenses of $156K, and assets of $439K (revenue -10.2% year-over-year).
- 2021: Revenue of $118K, expenses of $53K, and assets of $489K (revenue +45.8% year-over-year).
- 2020: Revenue of $81K, expenses of $47K, and assets of $424K (revenue -54.3% year-over-year).
- 2019: Revenue of $177K, expenses of $169K, and assets of $390K (revenue -14.0% year-over-year).
- 2018: Revenue of $206K, expenses of $132K, and assets of $381K (revenue +259.3% year-over-year).
- 2017: Revenue of $57K, expenses of $115K, and assets of $307K (revenue -52.9% year-over-year).
- 2016: Revenue of $122K, expenses of $110K, and assets of $364K (revenue +15.3% year-over-year).
- 2015: Revenue of $106K, expenses of $121K, and assets of $352K (revenue -29.2% year-over-year).
- 2014: Revenue of $149K, expenses of $112K, and assets of $367K (revenue +18.3% year-over-year).
- 2013: Revenue of $126K, expenses of $121K, and assets of $330K (revenue -11.5% year-over-year).
- 2012: Revenue of $143K, expenses of $121K, and assets of $325K (revenue +7.3% year-over-year).
- 2011: Revenue of $133K, expenses of $121K, and assets of $303K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Camp Rainbow Inc:
Data Sources and Methodology
This transparency report for Camp Rainbow Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.