Rainbow Gardens Housing Corporation
EIN: 431691920 · Keytesville, MO · NTEE: P75Z
| Metric | Value |
|---|---|
| Total Revenue | $195K |
| Total Expenses | $197K |
| Net Assets | $-233,123 |
Is Rainbow Gardens Housing Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rainbow Gardens Housing Corporation
Rainbow Gardens Housing Corporation (EIN: 431691920) is a nonprofit organization based in Keytesville, MO, classified under NTEE code P75Z. The organization reported total revenue of $195K and total assets of $411K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rainbow Gardens Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rainbow Gardens Housing Corporation is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $197K |
| Surplus / Deficit | $-7,577 |
| Total Assets | $417K |
| Total Liabilities | $650K |
| Net Assets | $-233,123 |
| Operating Margin | -4.0% |
| Debt-to-Asset Ratio | 155.9% |
| Months of Reserves | 25.4 months |
Financial Health Grade: C
In 2023, Rainbow Gardens Housing Corporation reported a deficit of $8K with expenses exceeding revenue, holds 25.4 months of operating reserves (strong position), has a debt-to-asset ratio of 155.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rainbow Gardens Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.1% | +10.0% | -1.8% |
| 2022 | +5.6% | +8.8% | +9.4% |
| 2021 | +48.8% | +6.7% | +9.2% |
| 2020 | -16.4% | -3.5% | -4.3% |
| 2019 | +35.4% | +27.3% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rainbow Gardens Housing Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rainbow Gardens Housing Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 155.9%.
Frequently Asked Questions about Rainbow Gardens Housing Corporation
Is Rainbow Gardens Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rainbow Gardens Housing Corporation (EIN: 431691920) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rainbow Gardens Housing Corporation spend its money?
Detailed spending breakdown data is not yet available for Rainbow Gardens Housing Corporation. Check back for updated IRS 990 analysis.
Are donations to Rainbow Gardens Housing Corporation tax-deductible?
Rainbow Gardens Housing Corporation is registered as a tax-exempt nonprofit (EIN: 431691920). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rainbow Gardens Housing Corporation located?
Rainbow Gardens Housing Corporation is headquartered in Keytesville, Missouri and files with the IRS under EIN 431691920. It is classified under NTEE code P75Z.
How many years of IRS 990 filings does Rainbow Gardens Housing Corporation have?
Rainbow Gardens Housing Corporation 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 $195K in total revenue.
Filing History
IRS 990 filing history for Rainbow Gardens Housing Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rainbow Gardens Housing Corporation's revenue has grown by 120.6%, moving from $86K to $189K. Total assets decreased by 3.4% over the same period, from $432K to $417K. Total functional expenses rose by 95.7%, from $101K to $197K. In its most recent filing year (2023), Rainbow Gardens Housing Corporation reported a deficit of $8K, with expenses exceeding revenue. The organization holds $650K in liabilities against $417K in assets (debt-to-asset ratio: 155.9%), resulting in net assets of $-233,123.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $189K | $197K | $417K | $650K | — | View 990 |
| 2022 | $211K | $179K | $425K | $14K | — | View 990 |
| 2021 | $199K | $165K | $388K | $9K | — | View 990 |
| 2020 | $134K | $154K | $355K | $12K | — | View 990 |
| 2019 | $160K | $160K | $372K | $7K | — | View 990 |
| 2018 | $118K | $126K | $371K | $7K | — | View 990 |
| 2017 | $116K | $124K | $377K | $6K | — | View 990 |
| 2016 | $112K | $126K | $386K | $7K | — | View 990 |
| 2015 | $116K | $121K | $398K | $6K | — | View 990 |
| 2014 | $108K | $119K | $403K | $6K | — | View 990 |
| 2013 | $107K | $113K | $414K | $6K | — | View 990 |
| 2012 | $95K | $107K | $422K | $7K | — | View 990 |
| 2011 | $86K | $101K | $432K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $189K, expenses of $197K, and assets of $417K (revenue -10.1% year-over-year).
- 2022: Revenue of $211K, expenses of $179K, and assets of $425K (revenue +5.6% year-over-year).
- 2021: Revenue of $199K, expenses of $165K, and assets of $388K (revenue +48.8% year-over-year).
- 2020: Revenue of $134K, expenses of $154K, and assets of $355K (revenue -16.4% year-over-year).
- 2019: Revenue of $160K, expenses of $160K, and assets of $372K (revenue +35.4% year-over-year).
- 2018: Revenue of $118K, expenses of $126K, and assets of $371K (revenue +2.4% year-over-year).
- 2017: Revenue of $116K, expenses of $124K, and assets of $377K (revenue +3.5% year-over-year).
- 2016: Revenue of $112K, expenses of $126K, and assets of $386K (revenue -3.8% year-over-year).
- 2015: Revenue of $116K, expenses of $121K, and assets of $398K (revenue +7.4% year-over-year).
- 2014: Revenue of $108K, expenses of $119K, and assets of $403K (revenue +1.4% year-over-year).
- 2013: Revenue of $107K, expenses of $113K, and assets of $414K (revenue +12.3% year-over-year).
- 2012: Revenue of $95K, expenses of $107K, and assets of $422K (revenue +10.7% year-over-year).
- 2011: Revenue of $86K, expenses of $101K, and assets of $432K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rainbow Gardens Housing Corporation:
Data Sources and Methodology
This transparency report for Rainbow Gardens Housing Corporation 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.