Rainbow Kids Achievement Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,637,162 | 1,603,994 | 33,168 | 2.7 | 68% |
| 2021 | 1,762,140 | 1,774,953 | −12,813 | 2.3 | 71% |
| 2022 | 1,824,627 | 1,807,139 | 17,488 | 2.4 | 71% |
| 2023 | 1,853,475 | 1,918,977 | −65,502 | 1.8 | 73% |
In its most recent public year (2023), this organization spent $65,502 more than it brought in. Its reserves stood at about 1.8 months of spending. Staff pay was 73% of spending.
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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