Operation Rainbow Inc
- Assets
- $600.9k
- Revenue
- $352.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Oakland, CA
- Founding
- 04/1983
- Data as of
- 06/2021
- EIN
- 76-0022338
Organization Overview
Operation Rainbow Inc is located in Oakland, CA. The organization was established in 1983. According to its NTEE Classification (F32) the organization is classified as: Community Mental Health Centers, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operation Rainbow Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Operation Rainbow Inc generated $352.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $148.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (20.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE VOLUNTEER HEALTH SERVICES TO MEDICALLY UNDERSERVED COUNTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZES, FUNDS, & OVERSEES VOLUNTEER HEALTH CARE TEAMS THAT PROVIDE RECONSTRUCTIVE SURGERY TO INDIGENT PATIENTS; BECAUSE OF COVID-19, THERE WERE NO OVERSEAS MISSIONS THIS FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Duncan-Lowenberg Executive Director | Trustee | 40 | $60,000 |
Gus Gialamas MD Director/chairman | OfficerTrustee | 1 | $0 |
David M Atkin MD Director/president | OfficerTrustee | 1 | $0 |
Taylor K Smith MD Director/secretary/treasur | OfficerTrustee | 1 | $0 |
Laura Escobosa Director | Trustee | 1 | $0 |
Richard Gosselin MD Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $352,021 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $352,021 |
| Total Program Service Revenue | $0 |
| Investment income | $176 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $352,197 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation of current officers, directors, key employees. | $30,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $750 |
| Payroll taxes | $4,702 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $525 |
| Fees for services: Accounting | $4,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,408 |
| Advertising and promotion | $0 |
| Office expenses | $5,417 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,892 |
| Insurance | $650 |
| All other expenses | $0 |
| Total functional expenses | $148,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,014 |
| Savings and temporary cash investments | $559,217 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $15,656 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $600,887 |
| Accounts payable and accrued expenses | $158 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $158 |
| Net assets without donor restrictions | $600,729 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $600,887 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Operation Rainbow Inc has recieved totaling $56,376.
| Awarding Organization | Amount |
|---|---|
Richmon Family Foundation Walnut Creek, CA PURPOSE: TO SUPPORT ORTHOPEDIC SURGEONS PROVIDING HEALTH CARE TO FOREIGN COUNTRIES | $35,000 |
Outrageous Foundation Inc San Francisco, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $6,200 |
Tom Klemens Family Foundation San Clemente, CA PURPOSE: OPERATING | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $176 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Didi Hirsch Psychiatric Service Culver City, CA | $51,610,501 | $56,563,116 |
Kedren Community Health Center Inc Kedren Child Development Center Los Angeles, CA | $32,482,368 | $55,031,748 |
San Fernando Valley Community Mental Health Center Inc Van Nuys, CA | $16,917,354 | $43,789,883 |
Mohave Mental Health Clinic Inc Kingman, AZ | $23,225,135 | $41,113,193 |
West Yavapai Guidance Clinic Prescott Valley, AZ | $29,278,591 | $43,558,368 |
Partners In Recovery Llc Mesa, AZ | $11,358,773 | $45,741,992 |
Valle Del Sol Inc Phoenix, AZ | $12,672,632 | $29,386,395 |
Guidance Center Inc Flagstaff, AZ | $25,255,624 | $27,636,478 |
Columbia Community Mental Health St Helens, OR | $20,729,070 | $20,332,936 |
Guidance Center Long Beach, CA | $6,081,820 | $17,765,246 |
East Bay Agency For Children Oakland, CA | $16,887,135 | $16,610,224 |
Village South Inc Las Vegas, NV | $19,076,563 | $13,711,388 |