The Rainbow Connection
Rochester, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 2 peers in Health Care with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,499,715↑17% | $3,268,833↑15% | $6,721,761↑27% | |
| 2022 | $3,861,760↑5% | $2,840,657↑1% | $5,278,483↑15% | — |
| 2021 | $3,692,285↑53% | $2,824,992↑76% | $4,575,197↑22% | — |
| 2020 | $2,406,905↓27% | $1,606,326↓36% | $3,747,967↑37% | — |
| 2019 | $3,315,613↑24% | $2,491,608↑3% | $2,730,891↑45% | — |
| 2018 | $2,678,641↑8% | $2,413,443↓8% | $1,877,066↑10% | — |
| 2017 | $2,485,806↑9% | $2,628,517↑21% | $1,706,608↓7% | — |
| 2016 | $2,274,481↑12% | $2,163,442↓7% | $1,840,038↑8% | — |
| 2015 | $2,022,255↑3% | $2,314,803↑16% | $1,706,764↓15% | — |
| 2014 | $1,953,941↓4% | $1,989,969↓4% | $2,015,308↓3% | — |
| 2013 | $2,031,576↓3% | $2,070,712↓1% | $2,086,374↓1% | — |
| 2012 | $2,093,928↑21% | $2,086,609↑23% | $2,100,958↓2% | — |
| 2011 | $1,725,357 | $1,701,772 | $2,144,739 | — |
Frequently Asked Questions
What does The Rainbow Connection do?▼
The Rainbow Connection is a health care nonprofit organization based in Michigan. It is classified under NTEE code E86Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Rainbow Connection financially healthy?▼
Based on our 9-metric Financial Health Score model, The Rainbow Connection has a score of 85/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does The Rainbow Connection generate?▼
The Rainbow Connection reports $3.6M in annual revenue and holds $7.6M in total assets, based on IRS filings.
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