Overview
What is Golden Rainbow Of Nevada Inc?
Golden Rainbow of Nevada Inc, based in Las Vegas, Nevada, is a dedicated nonprofit organization with a mission to support individuals and families living with HIV/AIDS. The organization provides essential financial assistance, including emergency housing, utilities, rent, transportation, food, and medical aid, through its Direct Assistance Program. Golden Rainbow is also committed to HIV/AIDS-related education, contributing to the community's overall understanding and well-being. With a small team of three dedicated individuals, the organization strives to make a significant impact in southern Nevada.
Official website here: www.goldenrainbow.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 72%)
Golden Rainbow Of Nevada Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its operations and financial practices. Although the organization scores well on accountability factors such as having a fully independent board and a strong conflict of interest policy, it faces significant challenges regarding financial transparency. Specifically, there are no financial statements available, which has impacted its overall score negatively.
The organization demonstrates solid governance with 100% independent board members and a low liabilities to assets ratio, reflecting a stable financial structure. However, the lack of accessible financial documents on its website and missing tax forms hinder its accountability ratings. While the program expense ratio of 63.15% is decent, indicating that a substantial portion of funds is directed towards programs, the absence of key financial disclosures raises concerns among potential donors.
Ultimately, while Golden Rainbow Of Nevada Inc shows strengths in governance and operational responsibility, the critical need for enhanced financial transparency and reporting remains a significant limitation that the organization must address to improve its standing and trustworthiness among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Golden Rainbow Of Nevada Inc legitimate?
Golden Rainbow Of Nevada Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Rainbow Of Nevada 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: $101,665
Professional Fundraising Fees: $0
Other Salaries and Wages: $150,682
For more financial information, click here
Official website here: www.goldenrainbow.org
What is the mission statement of Golden Rainbow Of Nevada Inc?
Golden Rainbow of Nevada Inc., as a mission, provides housing and direct financial assistance to individuals living with HIV/AIDS, encompassing both men, women, and children, in the southern region. Beyond financial aid, the organization is committed to supporting HIV/AIDS-related education. The direct assistance program under Golden Rainbow offers emergency funds for various necessities such as utilities, rent, transportation, food, and medical assistance.
Official website here: www.goldenrainbow.org
What is the revenue of Golden Rainbow Of Nevada Inc?
Golden Rainbow Of Nevada Inc's revenue in 2023 was $560,956.
Official website here: www.goldenrainbow.org
Who are the executives of Golden Rainbow Of Nevada Inc and what are their salaries?
The average compensation at Golden Rainbow Of Nevada Inc during 2023 was $63,087. There are 4 employees and 119 volunteers at Golden Rainbow Of Nevada Inc.
Here are 10 key members and their salaries:
- Compensation: $93,150
- Related: $0
- Other: $5,896
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.goldenrainbow.org
Where can I find the form 990 for Golden Rainbow Of Nevada Inc?
Golden Rainbow Of Nevada Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.goldenrainbow.org
Learn more at the official website: www.goldenrainbow.org
Mission Statement of Golden Rainbow Of Nevada Inc
Golden Rainbow Of Nevada Inc, a nonprofit organization, is dedicated to providing housing and direct financial assistance to individuals living with HIV/AIDS in Southern Nevada. Beyond this, the organization is committed to supporting HIV/AIDS-related education. Through their Direct Assistance Program, Golden Rainbow offers emergency financial aid, including assistance with utilities, rent, transportation, food, and medical expenses. The mission of Golden Rainbow Of Nevada Inc is to alleviate the struggles faced by those living with HIV/AIDS by providing essential resources and advocating for their well-being and education.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Golden Rainbow Of Nevada Inc has a significant impact on the lives of men, women, and children living with HIV/AIDS in Southern Nevada. Through its direct financial assistance program, the organization provides crucial support for emergency housing, utilities, rent, transportation, food, and medical expenses. By addressing these essential needs, Golden Rainbow plays a vital role in improving the quality of life for individuals affected by HIV/AIDS in the community. Additionally, the organization's dedication to supporting HIV/AIDS related education contributes to raising awareness and knowledge about the disease, ultimately promoting prevention and reducing stigma. By combining financial assistance with education and support services, Golden Rainbow Of Nevada Inc makes a tangible difference in the lives of those living with HIV/AIDS in Southern Nevada.
This information is meant to be a general summary of Golden Rainbow Of Nevada 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 2023.
- Investment Income: $16
- Program Service Revenue: $48,124
- Gross Receipts: $587,888
Assets and Liabilities:
- Total Assets: $1,640,931
- Total Liabilities: $167,000
- Net Assets: $1,473,931
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$48,124
Organization Details
Founding Year
1987
Principal Officer
Gary Costa
Website
www.goldenrainbow.orgNTEE Category
Code: G81 - Disease
If you are a representative of Golden Rainbow Of Nevada Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.