The Rainbow Project Inc
- Assets
- $2.1m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 21
- Location
- Madison, WI
- Founding
- 08/1983
- Data as of
- 12/2021
- EIN
- 39-1422626
Organization Overview
The Rainbow Project Inc is located in Madison, WI. The organization was established in 1983. According to its NTEE Classification (F30) the organization is classified as: Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2022, Rainbow Project Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rainbow Project 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 12/2021, Rainbow Project Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 10.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE RAINBOW PROJECT PROVIDES RESTORATIVE HEALING AND HOPE FOR YOUNG CHILDREN AND THEIR FAMILIES WHO HAVE EXPERIENCED TRAUMA, HELPING THEM BUILD A FOUNDATION FOR THE MASTERY OF LIFE SUSTAINING SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY INTERVENTION AND PREVENTION SERVICES - A CORE PROJECT PROGRAM THAT INCLUDES A COMPREHENSIVE, INDIVIDUALIZED SERVICE MODEL WHICH PROVIDES ASSESSMENT, REFERRAL ADVOCACY, PLAY THERAPY, PARENT EDUCATION, INDIVIDUAL AND FAMILY THERAPY, IN-HOME SERVICES AND CONSULTATION IN DAYCARES, SCHOOLS AND FOSTER HOMES.
OTHER PROGRAMS - INCLUDES THE FOLLOWING PROGRAMS: CHILDREN OF VIOLENT HOMES, PROJECT FACE - KIDS GROUPS FOR CHILDREN AND YOUTH (FACE), SPANISH SPEAKING, COGNITIVE BEHAVIORAL INTERVENTION FOR TRAUMA IN SCHOOLS (CBITS), COACH'S CORNER - EMOTION COACHING, RAINBOW RAPID RESPONSE TEAMS(RRR), AND OTHER.
CONSULTATION, OBSERVATION, RESOURCES & EDUCATION (CORE) PROJECT - THERAPISTS PARTNER WITH EARLY CHILDHOOD EDUCATORS AND CHILD CARE PROVIDERS OFFERING IN-DEPTH TRAINING, SUPPORT, AND CONSULTATION FOR SELECTED DAYCARE CENTERS. THE PURPOSE OF THIS SPECIAL PROGRAM IS TO HELP PREVENT FUTURE, MORE SERIOUS PROBLEMS FROM OCCURING WITH THE CHILDREN AND FAMILIES THEY SERVE.
GRANDPARENTS RAISING GRANDCHILDREN - THE GRANDPARENTS AND OTHER RELATIVES AS PARENTS PROGRAM PROVIDES THE GRANDPARENTS AND OTHER RELATIVES WHO ARE PRIMARY CAREGIVERS FOR CHILDREN A MONTHLY SUPPORT GROUP, WARM-LINE TELEPHONE RESOURCE, MONTHLY NEWSLETTER AND CHILD DEVELOPMENT AND MANAGEMENT RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carola Gains President | OfficerTrustee | 1 | $0 |
Treater Prestine Vice President | OfficerTrustee | 1 | $0 |
Ian Carroll Secretary | OfficerTrustee | 1 | $0 |
Jeffrey Butts Treasurer | OfficerTrustee | 1 | $0 |
Sharyl Kato Executive Director | OfficerTrustee | 40 | $109,494 |
Robin Valley Massey Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $57,545 |
| Membership dues | $0 |
| Fundraising events | $52,402 |
| Related organizations | $0 |
| Government grants | $1,023,193 |
| All other contributions, gifts, grants, and similar amounts not included above | $391,098 |
| Noncash contributions included in lines 1a–1f | $10,871 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,524,238 |
| Total Program Service Revenue | $170,216 |
| Investment income | $1,867 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,705 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$23,115 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,677,321 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $126,668 |
| Compensation of current officers, directors, key employees. | $17,928 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $811,479 |
| Pension plan accruals and contributions | $11,865 |
| Other employee benefits | $76,441 |
| Payroll taxes | $76,533 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,519 |
| Fees for services: Accounting | $9,915 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $39 |
| Fees for services: Other | $35,834 |
| Advertising and promotion | $614 |
| Office expenses | $22,600 |
| Information technology | $24,142 |
| Royalties | $0 |
| Occupancy | $11,314 |
| Travel | $15,024 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,073 |
| Interest | $11,913 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,127 |
| Insurance | $13,082 |
| All other expenses | $594 |
| Total functional expenses | $1,373,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $995,850 |
| Savings and temporary cash investments | $300,273 |
| Pledges and grants receivable | $208,667 |
| Accounts receivable, net | $21,818 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,854 |
| Net Land, buildings, and equipment | $572,464 |
| Investments—publicly traded securities | $400 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,101,326 |
| Accounts payable and accrued expenses | $76,897 |
| Grants payable | $0 |
| Deferred revenue | $25,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $30,011 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $264,687 |
| Other liabilities | $0 |
| Total liabilities | $396,595 |
| Net assets without donor restrictions | $1,624,731 |
| Net assets with donor restrictions | $80,000 |
| 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 | $2,101,326 |