Overview
What is Rainbow Learning Enrichment Nfp?
Rainbow Learning Enrichment Nfp, located in Kankakee, Illinois, is a nonprofit organization primarily dedicated to offering head start day care services to the children of migrant workers. This community-focused organization, with a workforce of 46 individuals, aims to provide a nurturing and supportive environment for these children, ensuring they receive essential educational and care services during their parents' temporary absences.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Rainbow Learning Enrichment Nfp demonstrates exceptional accountability and financial stability, as evidenced by its Four-Star rating from Charity Navigator. With an overall score of 94%, the organization excels in several key areas, including having a fully independent board and a strong conflict of interest policy, which indicates robust governance practices.
The organization allocates a significant percentage of its expenses—87.08%—directly to programs, showcasing its commitment to effective resource utilization. Additionally, there is no indication of material diversion of assets, further reinforcing the trustworthiness of its financial management. The presence of an audit and oversight committee and listed whistleblower policies also highlight the organization’s dedication to transparency and ethical practices.
While the executive director earns a salary of $96,804, the other key personnel are compensated at $0, suggesting a focus on minimizing administrative costs and prioritizing program funding. Overall, Rainbow Learning Enrichment Nfp stands out as a financially accountable nonprofit with strong governance structures in place, although potential donors may want to consider the salary structure in the context of its overall mission and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Rainbow Learning Enrichment Nfp legitimate?
Rainbow Learning Enrichment Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rainbow Learning Enrichment Nfp 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: $90,851
Professional Fundraising Fees: $0
Other Salaries and Wages: $761,830
For more financial information, click here
What is the mission statement of Rainbow Learning Enrichment Nfp?
Rainbow Learning Enrichment Nfp, as an organization, is committed to offering a head start in education for the children of migrant workers. Their mission is centered around providing day care services, aiming to support these children during their formative years. By doing so, Rainbow Learning Enrichment seeks to contribute positively to their early development, setting a solid foundation for their future academic and personal growth. The organization's activities are focused on creating an environment that fosters learning and growth, ensuring that every child in their care receives the best possible start in life.
Who is the CEO of Rainbow Learning Enrichment Nfp?
Gloria Richard is the President of Rainbow Learning Enrichment Nfp.
What is the revenue of Rainbow Learning Enrichment Nfp?
Rainbow Learning Enrichment Nfp's revenue in 2022 was $1,473,248.
Who are the executives of Rainbow Learning Enrichment Nfp and what are their salaries?
The average compensation at Rainbow Learning Enrichment Nfp during 2022 was $18,537. There are 46 employees at Rainbow Learning Enrichment Nfp.
Here are 4 key members and their salaries:
- Compensation: $90,851
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Rainbow Learning Enrichment Nfp?
Rainbow Learning Enrichment Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rainbow Learning Enrichment Nfp
Rainbow Learning Enrichment Nfp is committed to offering head start day care services for the children of migrant workers. This nonprofit organization serves as a vital resource, providing a nurturing environment where these young individuals can grow and develop, regardless of their families' temporary or seasonal employment status. The mission of Rainbow Learning Enrichment Nfp is to ensure that these children have access to early education and care, which is essential for their cognitive, social, and emotional development. By offering day care services, Rainbow Learning Enrichment Nfp helps to bridge the gap in education and support for migrant worker families, contributing to a brighter future for these children.
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Impact
October, 2024
Rainbow Learning Enrichment significantly impacts the lives of children from migrant worker families by offering essential head start daycare services. Located in Kankakee, IL, the organization supports early childhood development and education, ensuring that these children have access to a safe, nurturing environment while their parents work. By focusing on the unique needs of migrant families, Rainbow Learning Enrichment helps bridge educational gaps, promotes social and emotional growth, and fosters a sense of community among families. This initiative plays a crucial role in enhancing the overall well-being of the children served, setting a foundation for their future success and improving the quality of life for families in the region.
This information is meant to be a general summary of Rainbow Learning Enrichment Nfp. 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.
- Gross Receipts: $1,473,248
Assets and Liabilities:
- Total Assets: $567,045
- Total Liabilities: $174,004
- Net Assets: $393,041
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Organization Details
Founding Year
2008
Phone
(815) 932-0569Principal Officer
Gloria Richard
Main Address
202 N Schuyler Ave S-107, Kankakee, IL, 60901
NTEE Category
Code: P33 - Human services
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