everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Rainbow Omega Inc

Eastaboga, AL / EIN 63-1036500 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20115,330,7664,637,253693,5138.359%
20125,648,1155,003,968644,1479.257%
20135,199,9895,191,9508,0398.958%
20145,491,7505,771,788−280,0387.457%
20155,871,1586,006,062−134,9046.959%
20166,539,0056,265,513273,4927.159%
20176,212,2726,121,36590,9077.458%
20186,498,6086,310,964187,6447.659%
20197,899,8106,609,4561,290,3549.660%
20208,618,2637,095,6401,522,62311.562%
20218,832,0597,269,3581,562,70113.962%
20228,278,2208,224,25753,96312.162%
20238,297,8478,904,213−606,36610.561%

In its most recent public year (2023), this organization spent $606,366 more than it brought in. Its reserves stood at about 10.5 months of spending, up from 8.3 in 2011. Staff pay was 61% of spending. $1,820,858 of its net assets are donor-restricted.

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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