Rainbow Of Challenges Inc

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

EIN: 710417425 ✦ Hope, AR ✦ Designated as a 501(c)(3)

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Overview

What is Rainbow Of Challenges Inc?

Rainbow Of Challenges Inc, based in Hope, Arkansas, is a dedicated nonprofit organization that caters to over 500 individuals facing developmental disabilities. They deliver a comprehensive range of services designed to enhance their lives, including Day Treatment Services for children and adults, Rehabilitation, Supported Living, Community Waiver, Arkansas Batter Chance Program, Child Care, Personal Care, Case Management, Transportation, Nutrition, and Nursing/Medical Care. Rainbow Of Challenges Inc is committed to discovering opportunities that inspire lives, whatever it takes. With a team of 540 employees, they strive to empower each individual to reach their full potential and live a fulfilling life.


Official website here: www.rocooh.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 96%, Four-Star out of Four Star rating

Rainbow Of Challenges Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. With a perfect score in key areas, the organization demonstrates effective governance through its independent board members, all of whom are fully independent. The charity’s financial practices are robust, as indicated by its high program expense ratio, ensuring that the majority of funds are directed towards its mission.

The organization has also established comprehensive policies, including conflict of interest and whistleblower protections, which contribute to its overall transparency and ethical operations. The absence of any material diversion of assets further reinforces the charity’s integrity. Additionally, the effective oversight of financial statements showcases the charity’s dedication to maintaining financial health and accountability.

However, while the high ratings affirm the organization’s strong performance in financial and governance aspects, potential donors and stakeholders may want to consider assessing the impact of its programs and services further. The rating primarily focuses on financial metrics, so understanding the effectiveness of its initiatives may provide a more holistic view of the charity’s overall impact.


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

Is Rainbow Of Challenges Inc legitimate?

Rainbow Of Challenges Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rainbow Of Challenges 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: $112,365
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,119,024

For more financial information, click here


Official website here: www.rocooh.org

What is the mission statement of Rainbow Of Challenges Inc?

Rainbow Of Challenges Inc is dedicated to uncovering opportunities that ignite lives for over 500 individuals coping with developmental disabilities. Their mission goes beyond the ordinary, promising to go the extra mile. Through a comprehensive range of services, this organization caters to children and adults, offering Day Treatment Services, Rehabilitation, Supported Living, Community Waiver, Arkansas Batter Chance Program, Child Care, Personal Care, Case Management, Transportation, Nutrition, and Nursing/Medical Care. By providing these essential supports, Rainbow Of Challenges Inc empowers its clients to live their best lives, ensuring equal opportunities and fostering their overall well-being.


Official website here: www.rocooh.org

Who is the CEO of Rainbow Of Challenges Inc?

Judy Watson is the Ceo of Rainbow Of Challenges Inc. The CEO's salary of Rainbow Of Challenges Inc is $112,365 and their total compensation is $112,365.


Official website here: www.rocooh.org

What is the revenue of Rainbow Of Challenges Inc?

Rainbow Of Challenges Inc's revenue in 2022 was $15,809,301.


Official website here: www.rocooh.org

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

The average compensation at Rainbow Of Challenges Inc during 2022 was $18,947. There are 540 employees at Rainbow Of Challenges Inc.


Here are 12 key members and their salaries (Rainbow Of Challenges Inc's CEO's salary is $112,365 and their total compensation is $112,365):


Judy Watson (Ceo)
  • Compensation: $112,365
  • Related: $0
  • Other: $0
Vacant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Hawthorne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vacant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Floyd Young (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Robinson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Richardson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Ramsey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hollis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Coffee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clay Lance (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rocooh.org

Where can I find the form 990 for Rainbow Of Challenges Inc?

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


Official website here: www.rocooh.org

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

Mission Statement of Rainbow Of Challenges Inc

Rainbow Of Challenges Inc, a dedicated organization, is committed to uncovering opportunities that motivate and enrich the lives of over 500 individuals dealing with developmental disabilities. Their mission, "Discovering opportunities that inspire lives...whatever it takes!", is brought to life through a wide range of services and supports tailored to meet the unique needs of these individuals.

Roaming across the spectrum of care, Rainbow Of Challenges Inc offers an extensive array of services. Day Treatment Services cater to both children and adults, nurturing their social, emotional, and intellectual growth. Rehabilitation Services are designed to help individuals build essential skills and regain independence. Supported Living ensures a safe and comfortable home environment, while the Community Waiver program offers flexibility and customized care outside of institutional settings. Furthermore, they provide Child Care, Personal Care, Case Management, Transportation, Nutrition, and Nursing/Medical Care, ensuring that every aspect of their clients' lives is addressed.

In essence, Rainbow Of Challenges Inc's mission is about unlocking potential and creating opportunities for individuals with developmental disabilities to thrive and live fulfilling lives. By providing a comprehensive and personalized approach to care, they open doors to a world of possibilities, inspiring each individual to reach their full potential.

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Impact




October, 2024

Rainbow Of Challenges Inc significantly influences the lives of over 500 individuals with developmental disabilities by offering a variety of essential services and support. Their comprehensive range of programs includes Day Treatment Services for both children and adults, rehabilitation services, and supported living arrangements.

By facilitating access to community waiver programs, child care, and personal care, they empower individuals to lead more independent and fulfilling lives. The organization also emphasizes the importance of health and wellness through its transportation, nutrition, and nursing/medical care services, ensuring that individuals receive the care they need to thrive.

The commitment to discovering opportunities that inspire lives demonstrates their holistic approach to human services, fostering a supportive environment that encourages growth and development. Through these initiatives, Rainbow Of Challenges Inc plays a crucial role in enhancing the quality of life and promoting inclusivity in the community of Hope, Arkansas.




This information is meant to be a general summary of Rainbow Of Challenges 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
$15,809,301 (2022)
Expenses
$14,457,803 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $184,936
  • Program Service Revenue: $14,539,873
  • Gross Receipts: $15,843,464

Assets and Liabilities:

  • Total Assets: $14,503,982
  • Total Liabilities: $281,043
  • Net Assets: $14,222,939

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Programs

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

Management Fees

Revenue

$2,196,373

Other

Revenue

$35,879

Program Sales

Revenue

$262,909

Title XIX

Revenue

$11,997,368

Treatment Fees

Revenue

$36,405

Organization Details

Founding Year

1969

Principal Officer

Judy Watson

Main Address

PO Box 1540, Hope, AR, 71802

NTEE Category

Code: P82 - Human services

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