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Camp Rainbow Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131739938 ✦ White plains, NY ✦ Designated as a 501(c)(3)

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Overview

What is Camp Rainbow Inc?

Camp Rainbow Inc, situated in White Plains, New York, primarily focuses on providing rental facilities for nonprofit organizations. These organizations utilize these resources to establish summer camps, offering recreational and educational opportunities for children and youth. By leasing out its real estate, Camp Rainbow Inc plays a crucial role in fostering community development and summer experiences for various not-for-profit groups.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star (51%)

Camp Rainbow Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its overall accountability and financial practices, with a score of 51%. While the organization displays strong governance features like a fully independent board and comprehensive conflict of interest and whistleblower policies, it falls short in areas critical to financial health and transparency.

Particularly concerning is the absence of documented board meeting minutes and the failure to post tax forms on its website, both of which detract from transparency. Additionally, the organization has a low program expense ratio of 32.15%, suggesting that a smaller portion of its budget is allocated to direct program services compared to administrative costs, which could be a red flag for potential donors.

Overall, while Camp Rainbow Inc demonstrates strong governance practices, the lack of crucial financial documentation and the low program expense ratio raise questions about its operational effectiveness and commitment to transparency, which potential supporters should consider before contributing.


This AI summary has been generated from information found on Charity Navigator.

Is Camp Rainbow Inc legitimate?

Camp Rainbow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Camp Rainbow Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Camp Rainbow Inc?

Camp Rainbow Inc's primary mission is to offer its real estate for rental to non-profit organizations, specifically for the purpose of operating a summer camp. This mission is geared towards providing a summer camp experience for various organizations and their respective communities. By offering its property for this purpose, Camp Rainbow Inc contributes to the enrichment of children's summer experiences, fostering a sense of community and learning within a camp environment. The organization's role in providing this service allows non-profit organizations to focus on their primary missions, without the burden of finding suitable camp facilities.

Who is the CEO of Camp Rainbow Inc?

Seth Diamond is the Treasurer of Camp Rainbow Inc.

What is the revenue of Camp Rainbow Inc?

Camp Rainbow Inc's revenue in 2022 was $55,000.

Who are the executives of Camp Rainbow Inc and what are their salaries?

There 4 volunteers at Camp Rainbow Inc.


Here are 4 key members and their salaries:


Michel Araten (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Corbin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Froma Benefore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julian Gomez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Camp Rainbow Inc?

Camp Rainbow Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Camp Rainbow Inc

Camp Rainbow Inc, as a organization, is dedicated to providing real estate for rental purposes to various non-profit organizations. This rental service is specifically intended for use during the summer months, transforming the properties into summer camps. By offering its real estate for this purpose, Camp Rainbow Inc plays a significant role in supporting the activities and missions of various non-profit organizations, allowing them to provide summer camp experiences to children and communities. The rental of properties serves as a valuable resource, enabling these organizations to focus on their primary objectives and deliver essential services to their beneficiaries.

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Impact




August, 2024

Camp Rainbow Inc's impact lies in providing a space for not-for-profit organizations to host summer camps, allowing children and communities to engage in recreational activities and build lasting memories. Through the rental of real property for this purpose, Camp Rainbow Inc contributes to the enrichment of lives by offering a safe and enjoyable environment for children to learn, play, and grow during the summer months. Furthermore, by supporting these organizations, Camp Rainbow Inc indirectly contributes to the betterment of society by promoting youth development and fostering community engagement.




This information is meant to be a general summary of Camp Rainbow Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$55,000 (2022)
Expenses
$10,035 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $55,000
  • Gross Receipts: $55,000

Assets and Liabilities:

  • Total Assets: $764,860
  • Total Liabilities: $18,503
  • Net Assets: $746,357

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SITE RENTAL

Revenue

$55,000

Organization Details

Founding Year

1927

Principal Officer

Seth Diamond

Main Address

845 NORTH BRAODWAY, WHITE PLAINS, NY, 10603

NTEE Category

Code: N20Z - Recreation

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