Rainbow Acres
- Assets
- $17.4m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 134
- Location
- Camp Verde, AZ
- Founding
- 08/1974
- Data as of
- 12/2021
- EIN
- 86-0286420
Organization Overview
Rainbow Acres is located in Camp Verde, AZ. The organization was established in 1974. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Rainbow Acres employed 134 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rainbow Acres 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 Acres generated $7.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $6.2m during the year ending 12/2021. While expenses have increased by 3.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A CHRISTIAN COMMUNITY FOR ADULTS WITH DEVELOPMENTAL DISABILITIES DEDICATED TO ENHANCING THE QUALITY OF LIFE BY ASSISTING SUCH INDIVIDUALS TO ACHIEVE MENTAL, PHYSICAL, SOCIAL, SPIRITUAL AND VOCATIONAL GROWTH TO THEIR FULLEST POTENTIAL WITH DIGNITY AND PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN PROGRAMMING, HOUSING AND A COMMUNITY FOR ADULTS WITH DEVELOPMENTAL DISABILITIES TO ACHIEVE THE MISSION BY ASSISTING THESE INDIVIDUALS TO ACHIEVE MENTAL, PHYSICAL, SOCIAL, SPIRITUAL AND VOCATIONAL GROWTH TO THEIR FULLEST POTENTIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Wagner President & CEO | Officer | 40 | $101,058 |
Paul Higgins CFO | Officer | 40 | $88,326 |
Linda Roos Secretary | OfficerTrustee | 1 | $0 |
Ray Harton Treasurer | OfficerTrustee | 1 | $0 |
Art Endres Vice Chair | OfficerTrustee | 1 | $0 |
Kathryn Mikesh Houser Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $726,987 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,602,741 |
| Noncash contributions included in lines 1a–1f | $116,579 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,329,728 |
| Total Program Service Revenue | $3,058,244 |
| Investment income | $96,853 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $78,602 |
| Net Gain/Loss on Asset Sales | $143,137 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,827 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,737,830 |
| 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. | $181,402 |
| Compensation of current officers, directors, key employees. | $114,030 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,339,738 |
| Pension plan accruals and contributions | $104,322 |
| Other employee benefits | $382,772 |
| Payroll taxes | $258,161 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,112 |
| Fees for services: Accounting | $36,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,646 |
| Advertising and promotion | $41,808 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $441,969 |
| Travel | $44,318 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,424 |
| Interest | $3,947 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $478,592 |
| Insurance | $147,576 |
| All other expenses | $207,050 |
| Total functional expenses | $6,219,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $680,408 |
| Savings and temporary cash investments | $77,835 |
| Pledges and grants receivable | $82,000 |
| Accounts receivable, net | $49,233 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,728 |
| Prepaid expenses and deferred charges | $45,448 |
| Net Land, buildings, and equipment | $10,918,539 |
| Investments—publicly traded securities | $5,524,847 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,572 |
| Total assets | $17,425,610 |
| Accounts payable and accrued expenses | $334,478 |
| Grants payable | $0 |
| Deferred revenue | $43,131 |
| 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 | $1,393,427 |
| Total liabilities | $1,771,036 |
| Net assets without donor restrictions | $9,734,503 |
| Net assets with donor restrictions | $5,920,071 |
| 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 | $17,425,610 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Rainbow Acres has recieved totaling $191,569.
| Awarding Organization | Amount |
|---|---|
Pillsbury Foundation St Louis, MO PURPOSE: CHARITABLE | $106,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $30,500 |
National Charitable Fund Inc Orlando, FL PURPOSE: OPERATIONAL SUPPORT | $22,000 |
The Albertsons Companies Foundation Pleasanton, CA PURPOSE: HUNGER | $15,000 |
National Association For The Exchange Of Industrial Resources I Galesburg, IL PURPOSE: CARE OF ILL, NEEDY, OR MINOR | $5,254 |
William L And Ruth T Pendleton Memorial Fund Portland, OR PURPOSE: PROGRAM SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $4,386,969 |
| Earnings | $539,267 |
| Admin Expense | $4,400 |
| Net Contributions | $701,632 |
| Other Expense | $98,621 |
| Ending Balance | $5,524,847 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Contra Costa Arc Martinez, CA | $14,109,565 | $17,462,782 |
Continuum Of Colorado Inc Aurora, CO | $7,927,832 | $19,747,791 |
Foothills Gateway Inc Fort Collins, CO | $11,957,913 | $17,913,826 |
Southern California Health & Rehabilitation Program Lynwood, CA | $10,751,037 | $16,686,020 |
Mesa Developmental Services Grand Junction, CO | $19,209,957 | $17,139,277 |
Beneficent Technology Inc Palo Alto, CA | $6,239,324 | $16,053,151 |
Life Services Alternative Inc San Jose, CA | $12,383,174 | $14,807,401 |
New Horizons Serving Individuals With Special Needs North Hills, CA | $18,283,273 | $17,062,634 |
Arizona Autism United Inc Phoenix, AZ | $8,096,794 | $16,189,376 |
Community Interface Services Carlsbad, CA | $4,892,948 | $13,358,874 |
Arc - Imperial Valley El Centro, CA | $9,297,003 | $12,383,349 |
The Arc Of Ventura County Inc Ventura, CA | $13,957,881 | $12,566,115 |