Overview
What is Rainbow Omega Inc?
Rainbow Omega Inc, located in Eastaboga, Alabama, is a nonprofit organization that primarily focuses on providing support services for individuals with developmental disabilities. Their offerings include dayhab services, vocational training, and respite care services, ensuring a comprehensive approach to meet the needs of their residents and other individuals in need. Their mission is to create a nurturing environment in group homes, offering care and assistance to developmentally disabled adults. With a workforce of 237 dedicated individuals, Rainbow Omega Inc strives to enhance the quality of life for those in their care.
Official website here: www.rainbowomega.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 81% (Three-Star out of Four Stars)**tar)**
Rainbow Omega Inc's rating of 81% signifies a strong emphasis on accountability and finance, as the score is derived entirely from this category. The organization earned full credit for its majority independent board members and has robust policies in place for conflict of interest, whistleblowing, and document retention. These indicators point to a commitment to transparency and responsible governance.
Despite its strengths in governance, the organization lacks full transparency in financial statements, as indicated by the absence of available data, which may raise some concerns for potential donors. However, the charity demonstrates a commendable program expense ratio of over 80%, suggesting that a significant portion of its funding is directed towards its programs rather than administrative costs.
Currently, user reviews from GreatNonprofits are unavailable, leaving a gap in direct public sentiment regarding the organization's impact and services. Overall, while the financial accountability is well-rated, potential supporters might seek further insight into user experiences and program effectiveness to make fully informed decisions.
This AI summary has been generated from information found on Charity Navigator.
Is Rainbow Omega Inc legitimate?
Rainbow Omega Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rainbow Omega 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,069,738
For more financial information, click here
Official website here: www.rainbowomega.org
What is the mission statement of Rainbow Omega Inc?
Rainbow Omega Inc, as an organization, is committed to providing group homes for developmentally disabled adults in a caring and nurturing environment. Their mission is centered around creating a supportive living space for these adults, ensuring their well-being and personal growth. In addition to offering group homes, Rainbow Omega Inc also provides dayhab services, vocational training, and respite care services for their residents and other individuals in need. These services aim to enhance the quality of life for these adults, helping them develop skills and independence while being supported in a safe and caring environment.
Official website here: www.rainbowomega.org
Who is the CEO of Rainbow Omega Inc?
Dr Vance Moore is the Director & C of Rainbow Omega Inc. The CEO's salary of Rainbow Omega Inc is $118,049 and their total compensation is $118,049.
Official website here: www.rainbowomega.org
What is the revenue of Rainbow Omega Inc?
Rainbow Omega Inc's revenue in 2022 was $8,278,220.
Official website here: www.rainbowomega.org
Who are the executives of Rainbow Omega Inc and what are their salaries?
The average compensation at Rainbow Omega Inc during 2022 was $21,391. There are 237 employees at Rainbow Omega Inc.
Here are 10 key members and their salaries (Rainbow Omega Inc's CEO's salary is $118,049 and their total compensation is $118,049):
- Compensation: $118,049
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Official website here: www.rainbowomega.org
Where can I find the form 990 for Rainbow Omega Inc?
Rainbow Omega Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rainbowomega.org
Learn more at the official website: www.rainbowomega.org
Mission Statement of Rainbow Omega Inc
Rainbow Omega Inc, a nonprofit organization, is committed to providing a nurturing and caring environment for developmentally disabled adults. Their mission is to establish group homes where these individuals can thrive and lead fulfilling lives. By offering these homes, Rainbow Omega Inc aims to provide a sense of community and support, allowing these adults to live with dignity and independence. In addition to group homes, the organization also provides day habilitation services, vocational training, and respite care services for their residents and others in need. Through these offerings, Rainbow Omega Inc seeks to empower and empower these adults, helping them to reach their full potential and lead fulfilling lives.
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Impact
July, 2024
Rainbow Omega Inc's impact lies in providing group homes for developmentally disabled adults in a caring and nurturing environment. They also offer dayhab services, vocational training, and respite care services for residents and others in need. Their work in Eastaboga, Alabama, demonstrates a commitment to supporting the development and well-being of individuals with disabilities, contributing to the overall welfare of the community. Their mission to provide a supportive environment for individuals with developmental disabilities underscores their dedication to human services and creating a more inclusive society.
This information is meant to be a general summary of Rainbow Omega 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: $522
- Program Service Revenue: $6,387,923
- Gross Receipts: $8,278,220
Assets and Liabilities:
- Total Assets: $11,510,079
- Total Liabilities: $3,229,343
- Net Assets: $8,280,736
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID PAYMENTS
Revenue
$3,559,204
RESIDENTIAL RENTAL
Revenue
$2,345,385
VOCATIONAL PROGRAM INCOME
Revenue
$483,334
Organization Details
Founding Year
1991
Principal Officer
Dr Vance Moore
Main Address
PO BOX 740, EASTABOGA, AL, 36260
Website
www.rainbowomega.orgNTEE Category
Code: P73Z - Human services
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