Over The Rainbow Association
- Assets
- $4.0m
- Revenue
- $989.8k
- Investments
- $0.0
- Employees
- 29
- Location
- Evanston, IL
- Founding
- 12/1975
- Data as of
- 12/2021
- EIN
- 51-0174945
Organization Overview
Over The Rainbow Association is located in Evanston, IL. The organization was established in 1975. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2021, Over The Rainbow Association employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Over The Rainbow Association 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, Over The Rainbow Association generated $989.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. 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
OUR MISSION IS TO PROVIDE INDEPENDENT LIVING SOLUTIONS AND EMPLOYMENT OPPORTUNITIES FOR INDIVIDUALS WITH PHYSICAL DISABILITIES. WE MAINTAIN BARRIER-FREE HOUSING FOR LOW-INCOME, PHYSICALLY HANDICAPPED ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AFFILIATE PROGRAM CONSIST OF EXPENSES RELATED TO THE ACQUISITION AND DEVELOPMENT OF NEW PROPERTY FOR THE PURPOSE OF PROVIDING AFFORDABLE ACCOMMODATIONS FOR THE PHYSICALLY HANDICAPPED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Huffman President | Officer | 40 | $231,684 |
Les Russo CFO | Officer | 40 | $172,777 |
Catherine Miglore Vice Preside | Officer | 40 | $115,120 |
Pete Evans Chairman | OfficerTrustee | 2 | $0 |
Sami Rahman Vice Charima | OfficerTrustee | 2 | $0 |
Ed Bjorncrantz Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $167,898 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $222,682 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $390,580 |
| Total Program Service Revenue | $316,120 |
| 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 | $271,079 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $989,779 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $726,015 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $72,772 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,399 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,192 |
| Insurance | $0 |
| All other expenses | $19,081 |
| Total functional expenses | $1,316,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $262,684 |
| Savings and temporary cash investments | $642,585 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $785,026 |
| 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 | $0 |
| Net Land, buildings, and equipment | $154,346 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,166,833 |
| Total assets | $4,011,474 |
| Accounts payable and accrued expenses | $323,482 |
| 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 | $259,244 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $582,726 |
| Net assets without donor restrictions | $3,428,748 |
| 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 | $4,011,474 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Over The Rainbow Association has recieved totaling $60,667.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $29,850 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $20,067 |
American Endowment Foundation Hudson, OH PURPOSE: HOUSING, SHELTER | $10,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Leslie Shankman School Corporation Chicago, IL | $18,541,071 | $14,894,001 |
La Causa Inc Milwaukee, WI | $21,522,910 | $16,623,620 |
Gibault Inc Terre Haute, IN | $35,353,670 | $13,928,805 |
Giant Steps Illinois Inc Lisle, IL | $11,784,298 | $12,524,007 |
Chileda Institute Inc La Crosse, WI | $16,643,719 | $12,257,585 |
Park Lawn School And Activity Center Oak Lawn, IL | $3,052,012 | $10,616,192 |
Cove School Inc Northbrook, IL | $12,796,735 | $10,362,338 |
Hadley Institute For The Blind And Visually Impaired Winnetka, IL | $99,224,802 | $15,744,483 |
Sycamore School Inc Indianapolis, IN | $14,641,130 | $8,887,687 |
Keshet Northbrook, IL | $16,526,441 | $12,193,321 |
Miriam Foundation St Louis, MO | $35,729,458 | $12,133,437 |
Science And Arts Academy Des Plaines, IL | $14,489,626 | $8,495,124 |