Rainbow Fleet Inc

Organization Overview

Rainbow Fleet Inc is located in Oklahoma City, OK. The organization was established in 1980. As of 06/2022, Rainbow Fleet Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rainbow Fleet 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 06/2022, Rainbow Fleet Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. While expenses have increased by 5.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE INNOVATIVE EDUCATIONAL CHILD CARE DEVELOPMENT PROGRAMS AND SERVICES THAT ENHANCE THE QUALITY OF LIFE FOR CHILDREN, THEIR FAMILIES AND CHILD CARE PROFESSIONALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHILD AND ADULT CARE FOOD PROGRAM - NUTRITIONAL TRAINING AND PROCESSING OF CLAIMS FOR MEAL REIMBURSEMENTS FOR FAMILY CARE HOME PROVIDERS LICENSED THROUGH THE OKLAHOMA DEPARTMENT OF HUMAN SERVICES.


CHILD CARE RESOURCE REFERRAL - SPECIALISTS PROVIDE CONSULTATIONS WITH FAMILIES AND THE COMMUNITY IN AN EFFORT TO PROVIDE THE MOST CURRENT AND ACCURATE INFORMATION ABOUT CHILD CARE OPTIONS, QUALITY INDICATORS AND RELATED RESOURCES. RAINBOW FLEET PROVIDES TRAINING OPPORTUNITIES AND TECHNICAL ASSISTANCE TO CHILD CARE PROVIDERS.


EARLY EDUCATION CENTER AND AFTER SCHOOL PROGRAM - SET THE HIGHEST STANDARD OF EXCELLENCE FOR EARLY EDUCATION IN OKLAHOMA CITY. EMPLOYING RESEARCH-BASED TEACHING PRACTICES AND MONTESSORI PEDAGOGY EARLY LEARNING METHODS, THE CENTER'S HIGHLY SKILLED CHILD DEVELOPMENT EXPERTS CREATE AN OPTIMAL ENVIRONMENT FOR THE CHILDREN WHO ATTEND.


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Board, Officers & Key Employees

Name (title)Compensation
Carri Hicks
Executive Director
$38,933
Miles Pringle
Board President
$0
Scott Marsh
Board Treasurer
$0
Jodie Giocondi
Board President Elect
$0
Adrienne Butler
Board Secretary
$0
Becky Roten
Board Immediate Past President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,085,780
All other contributions, gifts, grants, and similar amounts not included above$491,654
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,577,434
Total Program Service Revenue$702,003
Investment income $12,534
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 $3,295,640

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Rainbow Fleet Inc has recieved totaling $3,000.

Awarding OrganizationAmount
Ben And Peggy Kates Foundation

Oklahoma City, OK

PURPOSE: GENERAL OPERATIONS

$1,500
Potts Family Foundation

Oklahoma City, OK

PURPOSE: PROVIDE INNOVATIVE CHILD DEVELOPMENT PROGRAMS AND SERVICES THAT ENHANCE THE QUALITY OF LIFE FOR RESIDENTS IN OKLAHOMA AND CLEVELAND COUNTIES

$1,000
Rulewicz Foundation

Edmond, OK

PURPOSE: FINANCIAL SUPPORT

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$11,789
Earnings-$2,043
Grants$485
Ending Balance$9,261

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