2024-12-19T06:24:12-06:00 2023-12-31 454084437 WARREN AVERETT LLC 2500 ACTON ROAD BIRMINGHAM AL 35243 990 2023-01-01 582181183 RAINBOW VILLAGE INC RAIN 7704971888 3427 DULUTH HWY 120 DULUTH GA 30096 MELANIE CONNER CHIEF EXECUTIVE OFFICER 7704971888 2024-12-18 1 1 MEGAN RANDOLPH P00989558 2059794100 2024-12-18 2023 2024-10-15 13:58:12Z MELANIE CONNER 3427 DULUTH HWY 120 DULUTH GA 30096 3341786 0 X WWW.RAINBOWVILLAGE.ORG X 1991 GA TO TRANSFORM THE LIVES OF FAMILIES EXPERIENCING HOMELESSNESS BY PROVIDING HELP, HOPE, HOUSING AND HEALING IN ORDER TO INSTILL INITIATIVE, SELF-DEVELOPMENT AND ACCOUNTABILITY THAT WILL FOSTER MEANINGFUL GROWTH IN THE LIVES OF ALL WHO ENCOUNTER RAINBOW VILLAGE. 18 18 17 636 0 0 1360940 2844648 130536 151156 -5361 50601 580298 110971 2066413 3157376 0 0 0 0 947106 1119551 0 0 409991 1009192 1171441 1956298 2290992 110115 866384 9183223 10132167 171344 177316 9011879 9954851 X TO TRANSFORM THE LIVES OF FAMILIES EXPERIENCING HOMELESSNESS BY PROVIDING HELP, HOPE, HOUSING AND HEALING IN ORDER TO INSTILL INITIATIVE, SELF-DEVELOPMENT AND ACCOUNTABILITY THAT WILL FOSTER MEANINGFUL GROWTH IN THE LIVES OF ALL WHO ENCOUNTER RAINBOW VILLAGE. 0 0 1094885 0 147294 RAINBOW VILLAGE PROVIDES HOUSING AND SUPPORTIVE SERVICES TO FAMILIES EXPERIENCING HOMELESSNESS. THE ASPIRE PROGRAM SUPPORTS 30 FAMILIES AT A TIME FOR UP TO TWO YEARS AT A TIME. IN 2023, WE SERVED 50 FAMILIES (160 INDIVIDUALS, INCLUDING 70 ADULTS AND 90 CHILDREN) USING AN INDIVIDUALIZED, CLIENT-CENTRIC MODEL. THIS APPROACH GUIDES RESIDENTS THROUGH THEIR UNIQUE JOURNEYS, HELPING THEM BUILD FINANCIAL STABILITY AND SELF-SUFFICIENCY. IN 2023, FAMILIES SAVED AN AVERAGE OF $4,515, 72% OF FAMILIES SAW A CREDIT SCORE INCREASE OF 25 POINTS OR MORE, AND 96% SUCCESSFULLY TRANSITIONED INTO PERMANENT HOUSING. THE PROGRAM'S HOLISTIC SUPPORT EMPOWERS FAMILIES TO OVERCOME HOMELESSNESS AND SECURE LASTING STABILITY. 142033 0 0 THE THRIVE PROGRAM PROVIDES ONGOING, SCALED SUPPORT FOR ALUMNI WHO HAVE TRANSITIONED OUT OF THE ASPIRE PROGRAM BUT NEED ADDITIONAL ASSISTANCE TO ACHIEVE FULL SELF-SUFFICIENCY. IN 2023, WE SERVED 12 THRIVE ALUMNI, OFFERING CASE-BY-CASE TAILORED SUPPORT TO HELP THEM STAY FOCUSED ON CONTINUOUS IMPROVEMENTS IN THEIR JOURNEY. THIS PROGRAM ADDRESSES SPECIFIC NEEDS, INCLUDING MENTAL HEALTH SERVICES, WHICH WERE PROVIDED TO 5 OF THE 12 ALUMNI. THRIVE'S INDIVIDUALIZED APPROACH ENSURES THAT ALUMNI HAVE THE SUPPORT THEY NEED TO MAINTAIN PROGRESS AND OVERCOME ANY CHALLENGES THEY MAY ENCOUNTER AS THEY CONTINUE THEIR PATH TO STABILITY. 321447 0 3862 RAINBOW VILLAGE ACADEMY PROVIDES ACADEMIC ENRICHMENT, SOCIAL SKILL DEVELOPMENT, AND A SAFE SPACE FOR CHILDREN FROM ELEMENTARY TO HIGH SCHOOL AGE, OPERATING MONDAY THROUGH FRIDAY, INCLUDING AFTER-SCHOOL HOURS, DIGITAL LEARNING DAYS, AND SCHOOL HOLIDAYS. IN 2023, THE ACADEMY SERVED 45 CHILDREN, OFFERING A VARIETY OF ACTIVITIES SUCH AS STEAM, MUSIC, ART, YOGA, READING, CODING, AND ACADEMIC TUTORING. ADDITIONALLY, CHILDREN PARTICIPATED IN SOCIAL EVENTS LIKE FUN FRIDAYS, THE FALL FESTIVAL, BACK TO SCHOOL BASH (PROVIDING BACKPACKS AND SCHOOL SUPPLIES), AND FIELD TRIPS TO MUSEUMS, PARKS, AND OTHER LOCAL ATTRACTIONS. THE ACADEMY ALSO OFFERS VALUABLE EXPOSURE TO CAREER AND CULTURAL SPEAKERS. LOCATED ON OUR RESIDENTIAL CAMPUS, THE ACADEMY PROVIDES A CONVENIENT AND SUPPORTIVE ENVIRONMENT, ALLOWING CHILDREN TO HEAL FROM TRAUMA WHILE BUILDING SOCIAL AND EMOTIONAL RESILIENCE ALONGSIDE THEIR PEERS. 1558365 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 13 0 1 17 1 0 0 0 0 0 1 1 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 GA X X MELANIE CONNER 7704971888 3427 DULUTH HWY 120 DULUTH GA 30096 CATHE REAMS CHAIR 2.00 0.00 X 0 0 0 MICHELLE LIVINGSTONE VICE CHAIR 2.00 0.00 X 0 0 0 MONA REISER ARMSTRONG SECRETARY 2.00 0.00 X 0 0 0 PAUL CULBRETH TREASURER 2.00 0.00 X 0 0 0 DEBBIE BILBRO BOARD MEMBER 2.00 0.00 X 0 0 0 CHARNETTE BROWN BOARD MEMBER 2.00 0.00 X 0 0 0 SUSIE COLLAT BOARD MEMBER 2.00 0.00 X 0 0 0 JILL EDWARDS BOARD MEMBER 2.00 0.00 X 0 0 0 WAYNE ELLISON BOARD MEMBER 2.00 0.00 X 0 0 0 STEVE EMERT BOARD MEMBER 2.00 0.00 X 0 0 0 INDRAN INDRAKRISHNAN MD BOARD MEMBER 2.00 0.00 X 0 0 0 DR JANN L JOSEPH BOARD MEMBER 2.00 0.00 X 0 0 0 DEBORAH LATHAM BOARD MEMBER 2.00 0.00 X 0 0 0 CG MCBRIDE BOARD MEMBER 2.00 0.00 X 0 0 0 JACQUELINE NEILSON BOARD MEMBER 2.00 0.00 X 0 0 0 SCOTT PHELAN BOARD MEMBER 2.00 0.00 X 0 0 0 JAN TRANTHAM BOARD MEMBER 2.00 0.00 X 0 0 0 DEON TUCKER BOARD MEMBER 2.00 0.00 X 0 0 0 MELANIE CONNER CEO 40.00 0.00 X 142374 0 1610 142374 0 1610 1 0 0 0 0 511787 392497 1940364 50283 2844648 TENANT REVENUE 900099 143719 143719 GIFT CERTIFICATES 900099 7437 7437 151156 51349 51349 69667 12754 56913 56913 56913 748 -748 -748 -748 224966 511787 170908 54058 54058 3157376 151156 0 161572 142374 91119 12814 38441 844648 539111 80968 224569 53823 33732 7124 12967 78706 48597 10265 19844 28458 10530 12806 5122 110175 40765 49579 19831 9115 9115 118538 45094 53298 20146 11618 11618 21431 12133 5451 3847 55557 30006 9359 16192 170911 156961 11785 2165 1708 1708 252599 239948 12651 58880 39315 10355 9210 PROGRAM EXPENSES 146468 140196 6272 REPAIRS & MAINTENANCE 94511 84665 6875 2971 SUPPLIES 23027 12777 7745 2505 BANK & MERCHANT FEES 16053 13375 2678 52392 33416 7363 11613 2290992 1558365 322636 409991 1260140 1654658 2774 115891 55515 0 8756 20314 9413551 2346426 7250942 7067125 605096 1182002 0 92177 9183223 10132167 171344 70139 0 107177 171344 177316 X 6657537 8922162 2354342 1032689 9011879 9954851 9183223 10132167 X 866384 76587 1 X X 0 1 X 1 0 X 1465139 1507376 1391695 1360940 2844648 8569798 1465139 1507376 1391695 1360940 2844648 8569798 8569798 12 3279 6820 10248 51349 71708 401364 306871 572703 675774 744191 2700903 11342409 0.75560 0.73910 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENTS INCOME - 2019 AMOUNT: $ 401,364. 2020 AMOUNT: $ 306,871. 2021 AMOUNT: $ 572,703. 2022 AMOUNT: $ 675,774. 2023 AMOUNT: $ 736,753. GIFT CERTIFICATES - 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 7,438. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 565952 565952 8373311 1953965 6419346 437718 355891 81827 36570 36570 0 7067125 CFNEGA INVESTMENT 687232 F CHARLES SCHWAB INVESTMENTS 494770 F 1182002 RESIDENT DEPOSITS AND SAVINGS 107177 107177 3408510 76587 183662 260249 3148261 9115 9115 3157376 2465539 183662 183662 2281877 9115 9115 2290992 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 170,908. EXPENSES ASSOCIATED WITH RENTAL INCOME 12,754. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES NETTED IN FINANCIAL STATEMENTS 9,115. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 170,908. EXPENSES ASSOCIATED WITH RENTAL INCOME 12,754. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES NETTED IN FINANCIAL STATEMENTS 9,115. GALA EVENT 500844 401184 99660 14690 43043 2471 8331 42069 GOLF EVENT 180088 82003 98085 2829 44760 8739 1 55821 28600 27221 621 1887 1267 201 736753 511787 224966 18140 89690 3738 8331 51009 170908 54058 X HOLIDAY GIFTS 1 18908 FMV X STANDING DESKS 10 3000 FMV X SCHOOL SUPPLIES 1 1225 FMV X POWERSPEC B686 DESKTOP 500GB 1 600 FMV 0 0 0 0 PART I, COLUMN (B): COLUMN B REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990: THE FORM 990 WAS REVIEWED FIRST BY THE FINANCE COMMITTEE. IF THERE ARE ANY SIGNIFICANT ITEMS TO BE ADDRESSED, THE TAX PREPARER WILL BE INVITED TO THE MEETING FOR DISCUSSION AND RESOLUTION. AFTER THE FINANCE COMMITTEE APPROVES, THE FORM 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW, COMMENTS, AND FEEDBACK. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY: ALL BOARD MEMBERS AND STAFF RECEIVE A COPY OF THE POLICY AND ACKNOWLEDGE THE RECEIPT. THE POLICY IS MONITORED AND ENFORCED BY THE BOARD CHAIR AND CEO. FORM 990, PART VI, SECTION B, LINE 15A THE TOP MANAGEMENT OFFICIAL, OFFICERS, AND KEY EMPLOYEES COMPLETE A SELF EVALUATION ON THEIR PERFORMANCE AND ACCOMPLISHMENTS. THE EVALUATION IS SENT TO THE VICE CHAIR AND TREASURER FOR REVIEW AND A COPY IS SENT TO THE BOARD. THE BOARD THEN HAS A MEETING TO DETERMINE AN APPROPRIATE AMOUNT OF COMPENSATION ALONG WITH PERFORMANCE REVIEW AND FEEDBACK FOR THE EMPLOYEE IN QUESTION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION PROVIDED UPON REQUEST AND ON ORGANIZATION WEBSITE. FORM 990, PART XI, LINE 9: ADJUSTMENT DUE TO ROUNDING DIFFERENCE 1. FORM 990, PART XII, LINE 2C: THE ORGANIZATION MADE NO CHANGES TO ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.