Overview
What is Rainbow Research Inc?
Rainbow Research Inc, situated in Minneapolis, MN, is a dedicated research, evaluation, and consulting firm. Serving various government bodies, foundations, non-profits, and public charities, their primary objective is to enhance practice and policy-making, ultimately improving performance. As a pioneering research organization, Rainbow Research is committed to uplifting underserved voices and challenging oppressive systems and structures to foster a more equitable society for all. Their services extend beyond the United States, contributing to a more inclusive and just world.
Official website here: www.rainbowresearch.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star rating.
Rainbow Research Inc has demonstrated strong performance in accountability and finance, reflected in its overall score of 91%. The organization has achieved a Four-Star rating, indicating that it excels in areas such as financial oversight, with all board members being independent and a robust audit committee in place. High scores in constituent feedback and practices suggest a strong engagement with the community it serves.
The nonprofit's financial health appears stable, with a low liabilities to assets ratio of 27.02%. However, while the program expense ratio of 65.09% suggests a significant investment in its mission, there is still room for improvement in optimizing its program spending. The organization has also shown commitment to equity, achieving a solid score in equity strategies and having comprehensive policies in place.
One area of noted weakness is in the equity data score, where it received a 4 out of 7. This indicates that while there are strong policies and practices for equity, there may be gaps in data collection or analysis that could enhance understanding and impact. Overall, Rainbow Research Inc is well-rated and demonstrates a solid commitment to its mission and the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Rainbow Research Inc legitimate?
Rainbow Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rainbow Research 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: $139,037
Professional Fundraising Fees: $0
Other Salaries and Wages: $559,826
For more financial information, click here
Official website here: www.rainbowresearch.org
What is the mission statement of Rainbow Research Inc?
Rainbow Research Inc, a research firm, is committed to providing evaluation and consulting services to various organizations. Their mission is to contribute to an equitable world by informing practices and policies, improving performance, and amplifying marginalized voices. They aim to disrupt oppressive systems and structures, working towards more inclusive and fair outcomes. Rainbow Research's services are designed to inspire change and foster positive impact in the communities they serve. As a transformative research organization, they strive to improve lives and promote social justice.
Official website here: www.rainbowresearch.org
What is the revenue of Rainbow Research Inc?
Rainbow Research Inc's revenue in 2024 was $553,993.
Official website here: www.rainbowresearch.org
Who are the executives of Rainbow Research Inc and what are their salaries?
The average compensation at Rainbow Research Inc during 2024 was $69,886. There are 10 employees and 6 volunteers at Rainbow Research Inc.
Here are 7 key members and their salaries:
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- Compensation: $132,802
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Official website here: www.rainbowresearch.org
Where can I find the form 990 for Rainbow Research Inc?
Rainbow Research Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.rainbowresearch.org
Learn more at the official website: www.rainbowresearch.org
Mission Statement of Rainbow Research Inc
Rainbow Research Inc is an organization that specializes in research, evaluation, and consulting services. Their mission is to make a tangible impact by informing practices and policies within various sectors, such as government agencies, foundations, non-profit organizations, and public charities. By doing so, they aim to enhance performance and contribute to a more equitable world for all people. Rainbow Research is unique in its commitment to amplifying marginalized voices and challenging oppressive systems and structures, striving to create a fairer society for all. As a transformative research firm, Rainbow Research's mission is to dismantle systems of inequality and work towards a more inclusive and just society.
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Impact
July, 2024
Rainbow Research Inc's impact is felt through their provision of research, evaluation, and consulting services to government agencies, foundations, non-profit organizations, and public charities. Their work focuses on informing policies and practices, improving performance, and amplifying marginalized voices. By disrupting oppressive systems and structures, Rainbow Research strives to contribute to creating a more equitable world for all people. Located in Minneapolis, MN, their efforts have a positive influence on community improvement.
This information is meant to be a general summary of Rainbow Research 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 2024.
- Investment Income: $3,850
- Program Service Revenue: $548,628
- Gross Receipts: $553,993
Assets and Liabilities:
- Total Assets: $595,347
- Total Liabilities: $215,402
- Net Assets: $379,945
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH STUDIES
Revenue
$548,628
Organization Details
Founding Year
1974
Principal Officer
Samuel Grant
Website
www.rainbowresearch.orgNTEE Category
Code: S20E - Community improvement
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