Rainbow Adult Living Facilities is located in Portland, OR. The organization was established in 1982. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 06/2022, Rainbow Adult Living Facilities employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rainbow Adult Living Facilities 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 Adult Living Facilities generated $2.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $2.9m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOUSING, TRAINING AND COMMUNITY BASED SUPPORTIVE SERVICES TO DEVELOPMENTALLY DISABLED ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE HOUSING, TRAINING AND COMMUNITY BASED SUPPORTIVE SERVICES TO DEVELOPMENTALLY DISABLED ADULTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bob Bell Board President | Trustee | 1 | $0 |
Sarah Rose Mcbride Executive Dir. | OfficerTrustee | 40 | $0 |
Dave Langlois Board Member | Trustee | 1 | $0 |
Joy Leniger Board Member | Trustee | 1 | $0 |
Mike Larson Board Member | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $150,000 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $150,000 |
Total Program Service Revenue | $2,715,441 |
Investment income | $15,594 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$2,702 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,878,333 |
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. | $142,050 |
Compensation of current officers, directors, key employees. | $142,050 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,891,470 |
Pension plan accruals and contributions | $19,480 |
Other employee benefits | $200,346 |
Payroll taxes | $204,672 |
Fees for services: Management | $0 |
Fees for services: Legal | $955 |
Fees for services: Accounting | $9,046 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $27,094 |
Advertising and promotion | $3,005 |
Office expenses | $6,674 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $78,910 |
Travel | $1,110 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $68,595 |
Insurance | $67,052 |
All other expenses | $22,227 |
Total functional expenses | $2,880,151 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $765,326 |
Savings and temporary cash investments | $753,581 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $185,932 |
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 | $1,585,585 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $15,176 |
Total assets | $3,305,600 |
Accounts payable and accrued expenses | $199,048 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $199,048 |
Net assets without donor restrictions | $3,051,108 |
Net assets with donor restrictions | $55,444 |
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 | $3,305,600 |