The Rainbow Project Inc

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

EIN: 391422626 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is The Rainbow Project Inc?

The Rainbow Project Inc is a nonprofit organization based in Madison, Wisconsin, with 21 employees. Their primary mission is to offer early intervention and prevention services for young children and their families who have experienced trauma. This encompasses a comprehensive, individualized service model that includes assessment, referral advocacy, play therapy, parent education, individual and family therapy, in-home services, and consultation in daycares, schools, and foster homes. The Rainbow Project aims to provide restorative healing and hope, assisting these families in building a foundation for the mastery of life-sustaining skills, ultimately fostering growth and resilience.


Official website here: www.therainbowproject.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 89% (Three-Star out of Four Stars)

The Rainbow Project Inc has received a solid Three-Star rating from Charity Navigator, reflecting a commendable overall score of 89%. The organization showcases strong performance in Accountability & Finance with a score of 88, indicating effective financial management practices and a low liabilities to assets ratio of 18.87%. Additionally, their high Program Expense Ratio of 73.98% suggests a significant portion of their resources is dedicated to their programs.

User feedback is exceptionally positive, with a perfect score of 100 points in constituent feedback and feedback collection. This highlights the organization's commitment to engaging with the community and utilizing their input effectively, as evidenced by their 100% score in feedback usage and practices. Furthermore, the organization has implemented equity strategies with a commendable score of 85, demonstrating a focus on inclusive practices.

However, there are some limitations noted in the equity data, which scored only 3 out of 7, indicating room for improvement in their equity policies and processes. Overall, The Rainbow Project Inc exhibits strong accountability, community engagement, and financial health, while also recognizing the need to enhance their equity initiatives.


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

What do the Facebook reviews say about The Rainbow Project Inc?

88% of reviewers recommend The Rainbow Project Inc on Facebook. Here is a summary of their comments:

The organization is praised as an amazing initiative that stands out in its field. One user specifically encouraged others to check it out, highlighting a sense of enthusiasm towards the nonprofit's mission and services. Despite the limited number of reviews, the expressed sentiment points toward a positive impact and overall satisfaction with what The Rainbow Project Inc offers to the community.

Overall, the nonprofit seems to deliver well on its aims, with supporters eager to share their positive experiences.


This AI summary has been generated from reviews found on Facebook.

Is The Rainbow Project Inc legitimate?

The Rainbow Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rainbow Project 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: $120,240
Professional Fundraising Fees: $0
Other Salaries and Wages: $747,838

For more financial information, click here


Official website here: www.therainbowproject.net

What is the mission statement of The Rainbow Project Inc?

The Rainbow Project Inc's mission is centered around offering restorative healing and hope for young children and their families who have experienced trauma. Their goal is to help these families establish a foundation for the mastery of life-sustaining skills. Their core activities include early intervention and prevention services, which encompass a comprehensive, individualized service model that includes assessment, referral advocacy, play therapy, parent education, individual and family therapy, in-home services, and consultation in daycares, schools, and foster homes. This organization's aim is to empower these families to overcome their challenges and build a brighter future.


Official website here: www.therainbowproject.net

Who is the CEO of The Rainbow Project Inc?

Sharyl Kato is the President of The Rainbow Project Inc.


Official website here: www.therainbowproject.net

What is the revenue of The Rainbow Project Inc?

The Rainbow Project Inc's revenue in 2022 was $1,810,629.


Official website here: www.therainbowproject.net

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

The average compensation at The Rainbow Project Inc during 2022 was $41,337. There are 21 employees and 40 volunteers at The Rainbow Project Inc.


Here are 7 key members and their salaries:


Carola Gains (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Treater Prestine (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Carroll (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Butts (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharyl Kato (Executive Director)
  • Compensation: $109,494
  • Related: $0
  • Other: $6,208
Robin Valley Massey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Houser (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.therainbowproject.net

Where can I find the form 990 for The Rainbow Project Inc?

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


Official website here: www.therainbowproject.net

Learn more at the official website: www.therainbowproject.net

Mission Statement of The Rainbow Project Inc

The Rainbow Project Inc, a non-profit organization, is dedicated to providing restorative healing and hope for young children and their families who have experienced trauma. By offering a comprehensive service model, the organization aims to help these families build a foundation for the mastery of life-sustaining skills.

One of the core programs of The Rainbow Project Inc is Early Intervention and Prevention Services. This program offers a wide range of services, including assessment, referral advocacy, play therapy, parent education, individual and family therapy, in-home services, and consultation in daycares, schools, and foster homes. The organization's goal is to provide the necessary support to help these young children and their families cope with and recover from traumatic experiences, ultimately setting them on a path towards a brighter future.

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Impact




June, 2024

The Rainbow Project Inc has a profound impact on young children and their families who have experienced trauma. By providing restorative healing and hope, the organization helps these individuals build a foundation for the mastery of life-sustaining skills. Through early intervention and prevention services, including play therapy, parent education, individual and family therapy, and in-home services, The Rainbow Project offers comprehensive support tailored to the needs of each child and family. This impactful work contributes to the mental health and well-being of those served, creating a positive ripple effect in the community.




This information is meant to be a general summary of The Rainbow Project 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
$1,810,629 (2022)
Expenses
$1,308,924 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,301
  • Program Service Revenue: $195,936
  • Gross Receipts: $1,870,331

Assets and Liabilities:

  • Total Assets: $2,543,966
  • Total Liabilities: $337,530
  • Net Assets: $2,206,436

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Programs

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

PROGRAM SERVICES FEES

Revenue

$195,936

Organization Details

Founding Year

1982

Principal Officer

Sharyl Kato

Main Address

831 E WASHINGTON AVE, MADISON, WI, 53703

NTEE Category

Code: F32 - Mental health

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