Rainbow Employment Agency Inc
- Assets
- $69.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pensacola, FL
- Founding
- 11/2006
- Data as of
- 12/2021
- EIN
- 42-1711789
Organization Overview
Rainbow Employment Agency Inc is located in Pensacola, FL. The organization was established in 2006. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rainbow Employment Agency 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 Employment Agency Inc generated $33.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.4%) each year. All expenses for the organization totaled $61.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED EMPLOYMENT SERVICE AND FOLLOW ALONG SERVICE.THE ORGANIZATION PROVIDED EMPLOYMENT SERVICE AND FOLLOW ALONG SERVICE FOR 7 CLEINTS. THE NUMBER OF CLIENTS ARE STILL LOW DUE TO COVID 19, BUT IS SLOWLY INCREASING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Woodrow W Mccants Jr Executive Director | 75 | $33,800 | |
Darrow Thomas President | 5 | $0 | |
Mitza Jackson Vice President | 5 | $0 | |
Theresa Mccants Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $32,729 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,000 |
| Total Revenue | $33,729 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,800 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,782 |
| Total expenses | $61,582 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,570 |
| Other assets | $0 |
| Total assets | $69,923 |
| Total liabilities | $75,396 |
| Net assets or fund balances | -$5,473 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Worknet Pinellas Inc Clearwater, FL | $1,995,144 | $7,597,320 |
Employu Inc Casselberry, FL | $5,383,927 | $11,177,844 |
Workforce Development Board Of Flagler And Volusia Counties Inc Daytona Beach, FL | $2,463,348 | $8,211,477 |
Citrus Levy Marion Regional Workforce Development Board Inc Ocala, FL | $1,453,598 | $7,509,133 |
Oic Of South Florida Inc Fort Lauderdale, FL | $1,014,122 | $6,787,267 |
Shoals Committee On Program & Employment For Mental Retardation Florence, AL | $3,365,103 | $6,331,410 |
Big Bend Jobs & Education Council Inc Tallahassee, FL | $2,253,593 | $4,753,165 |
Workforce Escorsa Inc Pensacola, FL | $889,747 | $4,181,306 |
Bobby Dodd Enterprises Inc Atlanta, GA | $863,598 | $2,581,915 |
Larc Inc Fort Myers, FL | $2,962,136 | $3,234,474 |
Abilities Discovered Inc Warner Robins, GA | $4,006,548 | $2,504,769 |
Community Coalition Inc Hialeah, FL | $878,703 | $2,195,607 |