Under The Rainbow Inc

Charity Navigator Rating: 38%

Under The Rainbow Inc has received a rating of 38%, corresponding to a Zero-Star out of Four Star rating, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members, which raises questions about governance and oversight. Additionally, several critical policies, such as conflict of interest and whistleblower policies, are missing, which further contributes to its low score.

Despite these shortcomings, Under The Rainbow Inc has managed to report a 100% program expense ratio, suggesting that all funds are directed towards program services. However, the liabilities to assets ratio is concerning at 183.03%, indicating that the organization may have financial sustainability issues. The absence of essential documentation, including a website listed on the tax form and tax form availability on its website, further undermines transparency.

Overall, while Under The Rainbow Inc appears to deliver its services effectively, the lack of robust governance structures and financial stability poses significant risks that potential donors should consider. The organization's reliance on a non-independent board and the absence of critical policies are major areas of concern that could affect its long-term viability.

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

Under The Rainbow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Under The 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: $33,508
Professional Fundraising Fees: $0
Other Salaries and Wages: $292,721

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