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Rainbow Guardian Inc

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

EIN: 650615686 ✦ Davie, FL ✦ Designated as a 501(c)(3)

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Overview

What is Rainbow Guardian Inc?

Rainbow Guardian Inc, based in Davie, Florida, is a dedicated nonprofit organization. Their primary mission is to foster the establishment and operation of suitable residential care and treatment facilities, catering to the needs of individuals with developmental disabilities. Located at 3200 SW 116th Ave, they are committed to providing an appropriate environment for the care and treatment of this special population. With a team of 12 employees, Rainbow Guardian Inc continues to make strides in promoting and operating these facilities, ensuring the well-being and support of those in their care.


Official website here: www.rainbowguardian.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 57%, One-Star out of Four Star rating.

Rainbow Guardian Inc has received a low rating of 57% from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. The organization has a mixed performance on various governance metrics, with a notably low percentage of independent board members at 42%. Additionally, there are several missing policies, such as a whistleblower policy and document retention protocols, which are critical for transparency and accountability.

Despite some strengths, such as maintaining a low liabilities-to-assets ratio and a reasonably high program expense ratio at 63.64%, the lack of comprehensive financial statements raises red flags about the organization's overall financial health. The absence of posted tax forms on its website further complicates the evaluation of its fiscal responsibility and transparency.

Overall, while Rainbow Guardian Inc demonstrates some positive attributes, the significant gaps in governance and financial documentation suggest the need for improvement. Potential donors and supporters should proceed with caution and seek more information about the organization's operational practices and financial oversight.


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

Is Rainbow Guardian Inc legitimate?

Rainbow Guardian Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rainbow Guardian 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: $96,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $374,990

For more financial information, click here


Official website here: www.rainbowguardian.org

What is the mission statement of Rainbow Guardian Inc?

Rainbow Guardian Inc's mission is centered around promoting the establishment and operation of suitable residential care and treatment facilities for individuals with developmental disabilities. Their primary goal is to provide an appropriate environment for the care of these individuals, ensuring their well-being and overall development. The organization does not disclose specific details about its activities, but it is clear that their focus is on providing proper residential care and treatment for the developmentally disabled.


Official website here: www.rainbowguardian.org

Who is the CEO of Rainbow Guardian Inc?

Teresa Caprio is the Director of Rainbow Guardian Inc.


Official website here: www.rainbowguardian.org

What is the revenue of Rainbow Guardian Inc?

Rainbow Guardian Inc's revenue in 2022 was $1,380,692.


Official website here: www.rainbowguardian.org

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

The average compensation at Rainbow Guardian Inc during 2022 was $39,249. There are 12 employees at Rainbow Guardian Inc.


Here are 7 key members and their salaries:


Richard Negrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Negret (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Caprio (President)
  • Compensation: $96,000
  • Related: $0
  • Other: $0
Stephen L Bening (Treasury)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Gordon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Caprio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Lowrence Negret (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rainbowguardian.org

Where can I find the form 990 for Rainbow Guardian Inc?

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


Official website here: www.rainbowguardian.org

Learn more at the official website: www.rainbowguardian.org

Mission Statement of Rainbow Guardian Inc

Rainbow Guardian Inc, a nonprofit organization, is committed to promoting and operating suitable residential care and treatment facilities for individuals with developmental disabilities. Their mission is centered around advocating for the establishment and operation of these facilities, providing a nurturing environment for their developmentally challenged residents. By doing so, Rainbow Guardian Inc aims to improve the overall quality of life for these individuals, ensuring they receive the care and support they need to thrive.

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Impact




July, 2024

Rainbow Guardian Inc's impact is centered around promoting and operating appropriate residential care and treatment facilities for the developmentally disabled. Their work focuses on providing care and support to those in need, specifically in Southwest Ranches, FL. By operating group care facilities, Rainbow Guardian Inc plays a crucial role in ensuring that individuals with developmental disabilities receive the necessary care and attention they require for their well-being and quality of life.




This information is meant to be a general summary of Rainbow Guardian 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
$1,380,692 (2022)
Expenses
$1,117,040 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $58
  • Program Service Revenue: $883,651
  • Gross Receipts: $1,380,692

Assets and Liabilities:

  • Total Assets: $257,534
  • Total Liabilities: $720
  • Net Assets: $256,814

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Programs

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

623000

Revenue

$883,651

Organization Details

Founding Year

1995

Principal Officer

Teresa Caprio

Main Address

3200 SW 116th Ave, Davie, FL, 33330

NTEE Category

Code: P82 - Human services

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