Rainbow Of Challenges Homes Of Bradley
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 58,895 | 67,085 | −8,190 | 61.0 | — |
| 2022 | 58,173 | 63,516 | −5,343 | 63.4 | — |
| 2023 | 59,689 | 69,918 | −10,229 | -45.2 | — |
In its most recent public year (2023), this organization spent $10,229 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-45.2 months), down from 61 in 2021.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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