Rainbow Senior Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 717,652 | 1,012,599 | −294,947 | 91.4 | 33% |
| 2012 | 820,647 | 1,124,935 | −304,288 | 79.0 | 32% |
| 2013 | 801,336 | 1,180,582 | −379,246 | 71.5 | 35% |
| 2014 | 1,562,410 | 1,281,161 | 281,249 | 68.5 | 34% |
| 2015 | 893,215 | 1,289,584 | −396,369 | 64.2 | 38% |
| 2016 | 1,070,523 | 1,310,258 | −239,735 | 61.2 | 38% |
| 2017 | 1,049,940 | 1,374,088 | −324,148 | 55.7 | 39% |
| 2018 | 1,110,031 | 1,384,816 | −274,785 | 53.0 | 35% |
| 2019 | 1,141,534 | 1,364,066 | −222,532 | 51.8 | 37% |
| 2020 | 1,085,007 | 1,273,086 | −188,079 | 53.8 | 37% |
| 2021 | 1,161,815 | 1,251,313 | −89,498 | 54.2 | 33% |
| 2022 | 1,409,707 | 1,477,127 | −67,420 | 45.0 | 36% |
| 2023 | 1,645,478 | 1,766,238 | −120,760 | 37.0 | 38% |
In its most recent public year (2023), this organization spent $120,760 more than it brought in. Its reserves stood at about 37 months of spending, down from 91.4 in 2011. Staff pay was 38% of spending. $250 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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