Rainbow Community Development Center Inc
- Assets
- $1.9m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 3
- Location
- Silver Spring, MD
- Founding
- 06/2005
- Data as of
- 12/2022
- EIN
- 20-0961637
Organization Overview
Rainbow Community Development Center Inc is located in Silver Spring, MD. The organization was established in 2005. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Rainbow Community Development Center Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rainbow Community Development Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Rainbow Community Development Center Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $287.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Rainbow Community Development Center Inc has awarded 53 individual grants totaling $1,073,318. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZED TO IMPROVE THE QUALITY OF LIFE FOR THOSE IN NEED. THE CENTER OFFERS SERVICES TO INDIVIDUALS IN THE AREA OF EMERGENCY FOOD, RENT, AND UTILITY ASSISTANCE. THE CENTER ALSO ADVOCATES FOR INDIVIDUALS SEEKING ASSISTANCE FROM ESTABLISHED SOCIAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD PANTRY - IN OPERATION ON TUESDAY, THURSDAY, AND SATURDAY, EMERGENCY FOOD WAS DISTRIBUTED TO OVER 70,411 INDIVIDUALS DURING 2022. DISTRIBUTIONS WERE ALSO MADE TO OVER ORGANIZATIONS FOR THEIR FOOD PANTRIES. THE MAJORITY OF PANTRY FOOD IS DONATED TO INDIVIDUALS AND OTHER AGENCIES WITH PANTRIES.
HOLIDAY GIVING - FOOD AND TOY DISTRIBUTION TO FAMILIES IN NEED WITH OVER 523 HOUSEHOLDS SERVED IN 2022.
EMERGENCY SAFETY NET PROGRAM - RENTAL AND UTILITY ASSISTANCE AND EMERGENCY RELIEF SERVICES THAT PROVIDED ASSISTANCE TO 4 INDIVIDUALS IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorraine Souza Smith President | OfficerTrustee | 1 | $0 |
Yinka Ogunsunlade Vice President | OfficerTrustee | 1 | $0 |
Barbara Henley Secretary | OfficerTrustee | 1 | $0 |
Norma Clements Board Member | Trustee | 1 | $0 |
Valorie Hartridge Treasurer | OfficerTrustee | 20 | $0 |
Stephanie Parson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $389,625 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,435,940 |
| Noncash contributions included in lines 1a–1f | $1,753,393 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,825,565 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,825,565 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $114,704 |
| Grants and other assistance to domestic individuals. | $12,965 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $82,537 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,228 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,221 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,501 |
| Advertising and promotion | $0 |
| Office expenses | $5,663 |
| Information technology | $11,548 |
| Royalties | $0 |
| Occupancy | $95 |
| Travel | $20,538 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,984 |
| Insurance | $8,558 |
| All other expenses | $2,053 |
| Total functional expenses | $287,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,521 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,663,679 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $89,814 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,907,014 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,907,014 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,907,014 |
Grants Awarded
Over the last fiscal year, Rainbow Community Development Center Inc has awarded $102,926 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENTIST COMMUNITY SERVICES OF GREATER WASHINGTON PURPOSE: SUPPLIED FOOD TO ORGANIZATION'S FOOD PANTRY PROGRAM | $11,482 |
GURU NANUK FOUNDATION OF AMERICA PURPOSE: SUPPLIED FOOD TO ORGANIZATION'S FOOD PANTRY PROGRAM | $15,694 |
KINGDOM HUB PURPOSE: SUPPLIED FOOD TO ORGANIZATION'S FOOD PANTRY PROGRAM | $17,893 |
OAK GROVE AME PURPOSE: SUPPLIED FOOD TO ORGANIZATION'S FOOD PANTRY PROGRAM | $9,440 |
SHABACH EMPOWERMENT CENTER PURPOSE: SUPPLIED FOOD TO ORGANIZATION'S FOOD PANTRY PROGRAM | $8,750 |
BREAD MINISTRY PURPOSE: SUPPLIED FOOD TO ORGANIZATION'S FOOD PANTRY PROGRAM | $6,193 |