Overview
What is Reece's Rainbow Inc?
Reece's Rainbow Inc, located in Combined Locks, Wisconsin, is a nonprofit organization devoted to providing assistance for families looking to adopt children with Down syndrome and other special needs internationally. Their Family Sponsorship Grant Fund allows friends and family to contribute towards the adoption costs of a specific child, with 100% of donations going towards this fund. This grant supplements the child's original waiting child grant once a family has made an official commitment. Should the family not proceed with the adoption, the funds remain with the child for future adoption efforts. Reece's Rainbow Inc, with a team of three employees, offers adoption grants to families, advocating for and financially supporting the international adoption of children with special needs exclusively.
Official website here: www.reecesrainbow.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Reece's Rainbow Inc has received a strong 94% rating from Charity Navigator, reflecting its exceptional accountability and financial health. The organization boasts a perfect score for board independence and oversight, indicating a commitment to transparency and ethical governance. Additionally, it maintains a high program expense ratio of 86.21%, ensuring that the majority of funds are directed towards its mission of facilitating international adoptions for special needs children.
User feedback on Reece's Rainbow is overwhelmingly positive, with many families sharing heartfelt testimonials about how the organization has played a crucial role in their adoption journeys. Numerous reviews highlight the supportive community that Reece's Rainbow fosters, where adoptive families feel connected and empowered. The organization is praised for its effective fundraising capabilities, often helping families cover significant adoption costs through grants, which many users credit as pivotal in bringing their children home.
Despite its strengths, some feedback may suggest a desire for even greater community engagement and resources. However, the consistent and heartfelt endorsements from clients demonstrate that Reece's Rainbow is making a meaningful impact on the lives of children with special needs and the families that adopt them. Overall, Reece's Rainbow stands out as a trustworthy nonprofit dedicated to improving the lives of vulnerable children globally.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Reece's Rainbow Inc legitimate?
Reece's Rainbow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reece's 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: $50,870
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,604
For more financial information, click here
Official website here: www.reecesrainbow.org
What is the mission statement of Reece's Rainbow Inc?
Reece's Rainbow Inc is an organization that advocates and provides grant funding for the international adoption of children with Down syndrome and other special needs. Their mission is to facilitate the adoption process for these children, ensuring they find loving families worldwide. They provide grant funding exclusively for this purpose, supporting families financially during their adoption journey. The Family Sponsorship Grant Fund is a popular program that allows friends and family to donate towards a specific child's adoption, with 100% of the donations going directly to the fund. Should a family fail to adopt the child, the funds remain with the child for future families. Once a family has been issued a travel date for the adoption, the funds can be used to cover various expenses such as airfare, agency fees, accommodation, and translation services.
Official website here: www.reecesrainbow.org
Who is the CEO of Reece's Rainbow Inc?
Michelle Zoromski is the Executive Di of Reece's Rainbow Inc.
Official website here: www.reecesrainbow.org
What is the revenue of Reece's Rainbow Inc?
Reece's Rainbow Inc's revenue in 2022 was $665,249.
Official website here: www.reecesrainbow.org
Who are the executives of Reece's Rainbow Inc and what are their salaries?
The average compensation at Reece's Rainbow Inc during 2022 was $37,825. There are 3 employees and 26 volunteers at Reece's Rainbow Inc.
Here are 5 key members and their salaries:
- Compensation: $50,870
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.reecesrainbow.org
Where can I find the form 990 for Reece's Rainbow Inc?
Reece's Rainbow Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.reecesrainbow.org
Learn more at the official website: www.reecesrainbow.org
Mission Statement of Reece's Rainbow Inc
Reece's Rainbow Inc is an organization dedicated to advocating for and providing grant funding for the international adoption of children with Down Syndrome and other special needs. The nonprofit's mission is to make it possible for families to adopt these children by offering financial assistance. One of their key programs is the Family Sponsorship Grant Fund, which allows friends and family to donate towards a specific child's adoption. These donations supplement the child's original waiting child grant once a family has made an official commitment to adopting that child. Reece's Rainbow ensures that 100% of each donation goes directly to this fund, acting on behalf of the child. If a family is unable to complete the adoption process, any funds received remain with the child to be used for the next family. This program has proven to be both popular and effective among adopting families. Funds are disbursed once the family has been issued a travel date for their adoption, covering expenses such as airfare, agency fees, in-country accommodations and food, facilitation, translation, and more.
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Impact
July, 2024
Reece's Rainbow Inc provides adoption grants to families adopting children with Down syndrome and other special needs internationally. Their Family Sponsorship Grant Fund allows friends and family to donate towards a family's adoption of a particular child. This program supplements the child's original waiting child grant, ensuring that 100% of each donation goes towards this fund. If a family is unable to proceed with the adoption, the funds remain with the child as a grant for the next family. This initiative has proven to be very popular and effective for adoptive families, covering costs such as airfare, agency fees, and in-country accommodations. Reece's Rainbow's impact lies in facilitating and financially supporting the international adoption of children with special needs, ensuring they find loving and supportive homes.
This information is meant to be a general summary of Reece's 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $30,321
- Gross Receipts: $665,249
Assets and Liabilities:
- Total Assets: $2,115,563
- Total Liabilities: $937
- Net Assets: $2,114,626
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Organization Details
Founding Year
2006
Principal Officer
Michelle Zoromski
Main Address
PO BOX 146, COMBINED LOCKS, WI, 54113
Website
www.reecesrainbow.orgNTEE Category
Code: P31 - Human services
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