PHuman ServicesEIN: 631036500· Ruling Year: 1992

Rainbow Omega Inc

Eastaboga, Alabama

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$8.3M
Total Revenue
📊
$8.9M
Total Expenses
🏦
$7.8M
Net Assets
📋
$3.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.2%
Year-over-year change (2022 → 2023)
Net Margin
-7.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.88
Net assets divided by total expenses
Liabilities-to-Assets
30.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,297,847$8,904,2138%$11,206,0603%
2022$8,278,2206%$8,224,25713%$11,510,0794%
2021$8,832,0592%$7,269,3582%$11,930,2475%
2020$8,618,2639%$7,095,6407%$11,399,78821%
2019$7,899,81022%$6,609,4565%$9,411,02115%
2018$6,498,6085%$6,310,9643%$8,205,4791%
2017$6,212,2725%$6,121,3652%$8,319,4802%
2016$6,539,00511%$6,265,5134%$8,482,1034%
2015$5,871,1587%$6,006,0624%$8,852,1071%
2014$5,491,7506%$5,771,78811%$8,941,7322%
2013$5,199,9898%$5,191,9504%$9,161,3902%
2012$5,648,1156%$5,003,9688%$8,989,98215%
2011$5,330,766$4,637,253$7,844,511

Frequently Asked Questions

What does Rainbow Omega Inc do?

Rainbow Omega Inc is a human services nonprofit organization based in Alabama. It is classified under NTEE code P73Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rainbow Omega Inc financially healthy?

Based on our 9-metric Financial Health Score model, Rainbow Omega Inc has a score of 69/100 (Grade: B+). 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 Rainbow Omega Inc generate?

Rainbow Omega Inc reports $8.4M in annual revenue and holds $10.9M in total assets, based on IRS filings.

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