Health Care
(E20Z)
IRS Verified
DX Registered
990 on File
THE RAINBOW NETWORK INC
Financial strength (30%)
72/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Rainbow Network is a Christian interdenominational nonprofit that works in rural Nicaragua with about 59,000 people who live in 166 communities. We have community organizations in each village and do all of our work through these groups in order to foster self-sustainability. Our work focuses on four areas: healthcare, education, economic development, and housing.
Financial Overview — FY 2024
$1.6M
Total Revenue
$2.2M
Total Expenses
$2.8M
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.7%
Fundraising Efficiency
N/A
Operating Reserve
15.17x
Liability-to-Asset
2.4%
Revenue Diversification
86.8%
Compared with Peers
FY 2024
Compared with 3,080 similar organizations
(United States, Health Care, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.7% | 84.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.7% | 11.6% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
15.2 mo | 9.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.4% | 13.5% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
86.8% | 91.1% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-30.9% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
10.7% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-37.9% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.6M | $2.2M | $2.8M | 90.7% | 5 |
| 2023 | $2.3M | $2.0M | $3.3M | 92.3% | 5 |
| 2022 | $2.3M | $2.0M | $3.0M | 92.1% | 5 |
| 2021 | $2.2M | $1.5M | N/A | — | 4 |
Donor Reviews
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