The Rainbow Connection
Kids.Wishes.Hope
The Rainbow Connection
EIN: 38-2608775
as of September 2024
as of September 09, 2024
Programs and results
Reports and documents
Download annual reportsWhat we aim to solve
The Rainbow Connection makes dreams come true for Michigan children with life threatening illnesses. In addition, we provide support services to eligible wish families experiencing financial difficulties.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Wish Program
The Rainbow Connection makes dreams come true for Michigan children with life threatening illnesses. Offering comfort, hope and joy, The Rainbow Connection also provides emergency services, annual Wish Family events and lifetime of support.
Special Response
The Rainbow Connection’s primary mission is to make dreams come true for Michigan children with life threatening illnesses. However, many of our TRC wish families experience other burdens resulting from this medical crisis. The Special Response Program is designed to address unexpected and unplanned financial expenses. Our Wish Department staff are sensitive to the special needs of our wish families and will provide support services and resource connections for things such as utility bills, medical equipment, needed household appliance failures and other referrals as needed.
Enhancement Services
The Wish Enhancement Program is designed to provide fun opportunities to the wish child and their family. Enhancements include tickets to concerts, sporting events, the theater, and the circus. It is an opportunity for the family to share laughter and build memories during this most difficult time. These special events are supported by donations from individuals and corporations and area entertainment centers. Through the generous support of area entertainment centers our wish families are able to have those outings that all families look forward to.
A special feature of our enhancement program are the holiday party and summer picnic planned just for wish families. These festive events get the families together outside the hospital setting. Families connect with each other gaining support and guidance from each other and often building lifelong friendships.
Scholarship Program
The Rainbow Connection Scholarship Fund was established by our Board of Directors to support the educational goals of our wish recipients. Dependent upon the availability of funds, scholarships will be for $1,000.
Where we work
Awards
4 Star Rating 2022
Charity Navigator
2021 Top Rated NonProfit 2021
Great Non Profits
Photos
Videos
Our results
How does this organization measure their results? It's a hard question but an important one.
Total number of volunteer hours contributed to the organization
This metric is no longer tracked.Totals By Year
Type of Metric
Input - describing resources we use
Direction of Success
Holding steady
Context Notes
Volunteers are essential to the functioning of our organization. We utilize volunteers on a regular basis for organization oversight, at fundraising events and other office activities as needed.
Number of wish referrals
This metric is no longer tracked.Totals By Year
Population(s) Served
Children and youth, People with diseases and illnesses
Related Program
Wish Program
Type of Metric
Output - describing our activities and reach
Direction of Success
Holding steady
Context Notes
Wish referrals are made by doctors, social workers, family members and by self referral. Tracking referrals ensures that we are reaching the population we serve.
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
To be recognized by the community at large as the leading wish granting organization in Michigan.
To be recognized as a model of best practices programs.
To achieve long-term financial stability through endowments, grants, and donations.
What are the organization's key strategies for making this happen?
Install and maintain state of the art accounting and donation documentation software technology systems.
Maintain committees meeting regularly to address mission and non profit procedures.
Evaluate each service and survey all recipients.
What are the organization's capabilities for doing this?
The Rainbow Connection services and budget have more than doubled in the last five years. Staff has been expanded to accommodate the growth and the Board of Directors and over 450 volunteers support the staff of 11.
What have they accomplished so far and what's next?
Endowment was nonexistent 10 years ago and now has over $3,000,000.00 To truly secure sustainability The Rainbow Connection has a goal of $10,000,000.00 which has not yet been accomplished but is planned for in the next seven years.
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
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Which of the following feedback practices does your organization routinely carry out?
We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback
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What challenges does the organization face when collecting feedback?
We don't have any major challenges to collecting feedback
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2023 info
79.89
Months of cash in 2023 info
9.2
Fringe rate in 2023 info
11%
Funding sources info
Assets & liabilities info
Financial data
The Rainbow Connection
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of The Rainbow Connection’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
Profitability info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $946,395 | $910,295 | $1,036,217 | $558,894 | $1,348,567 |
As % of expenses | 38.6% | 58.1% | 37.3% | 20.0% | 41.8% |
Unrestricted surplus (deficit) after depreciation | $908,915 | $870,613 | $990,664 | $515,462 | $1,305,882 |
As % of expenses | 36.5% | 54.2% | 35.1% | 18.1% | 39.9% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $3,315,613 | $2,406,905 | $3,692,285 | $3,861,760 | $4,499,715 |
Total revenue, % change over prior year | 23.8% | -27.4% | 53.4% | 4.6% | 16.5% |
Program services revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 1.4% | 1.8% | 3.6% | 3.4% | 3.6% |
Government grants | 0.0% | 0.0% | 6.3% | 0.7% | 0.0% |
All other grants and contributions | 96.6% | 98.2% | 90.2% | 95.9% | 96.4% |
Other revenue | 2.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $2,454,128 | $1,566,644 | $2,779,439 | $2,797,225 | $3,226,148 |
Total expenses, % change over prior year | 3.3% | -36.2% | 77.4% | 0.6% | 15.3% |
Personnel | 24.6% | 38.3% | 22.1% | 20.5% | 21.4% |
Professional fees | 0.5% | 0.9% | 0.5% | 0.8% | 0.8% |
Occupancy | 0.3% | 0.4% | 0.2% | 0.2% | 0.2% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 24.9% | 13.5% | 25.3% | 27.1% | 25.7% |
All other expenses | 49.7% | 46.9% | 51.8% | 51.4% | 51.9% |
Full cost components (estimated) info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $2,491,608 | $1,606,326 | $2,824,992 | $2,840,657 | $3,268,833 |
One month of savings | $204,511 | $130,554 | $231,620 | $233,102 | $268,846 |
Debt principal payment | $0 | $0 | $115,500 | $0 | $0 |
Fixed asset additions | $45,800 | $0 | $0 | $0 | $60,607 |
Total full costs (estimated) | $2,741,919 | $1,736,880 | $3,172,112 | $3,073,759 | $3,598,286 |
Capital structure indicators
Liquidity info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Months of cash | 4.2 | 12.3 | 7.7 | 8.0 | 9.2 |
Months of cash and investments | 10.3 | 24.5 | 17.2 | 20.5 | 23.2 |
Months of estimated liquid unrestricted net assets | 10.3 | 23.7 | 17.2 | 19.5 | 21.7 |
Balance sheet composition info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Cash | $861,443 | $1,606,281 | $1,788,600 | $1,873,969 | $2,462,070 |
Investments | $1,255,219 | $1,591,605 | $2,188,527 | $2,897,343 | $3,765,635 |
Receivables | $77,783 | $32,320 | $67,946 | $31,688 | $5,639 |
Gross land, buildings, equipment (LBE) | $956,643 | $986,771 | $1,015,884 | $993,772 | $1,054,380 |
Accumulated depreciation (as a % of LBE) | 45.1% | 47.6% | 50.4% | 52.9% | 53.9% |
Liabilities (as a % of assets) | 0.9% | 3.8% | 0.7% | 4.2% | 1.2% |
Unrestricted net assets | $2,629,149 | $3,499,762 | $4,490,426 | $5,005,888 | $6,311,770 |
Temporarily restricted net assets | N/A | N/A | N/A | N/A | N/A |
Permanently restricted net assets | N/A | N/A | N/A | N/A | N/A |
Total restricted net assets | $76,517 | $105,981 | $54,028 | $51,340 | $331,966 |
Total net assets | $2,705,666 | $3,605,743 | $4,544,454 | $5,057,228 | $6,643,736 |
Key data checks
Key data checks info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Executive Director
Mrs. Ingrid Todt
Provide leadership and vision for program/financial growth and effectiveness, including oversight of all agency activities related to administration, financial management, organizational planning, client services and governance support for a community-based Board of Directors. Major Duties include
• Responsible for fund development through grant writing, solicitation and fund raising.
• Market the organization to community, stakeholders, clients, donors, and potential supporters.
• Develop and maintain networks to ensure the agency's resources and relationships
• Define, reflect and protect the agency's mission, vision and values.
• Act as spokesperson and represent the agency to media, agencies, funders and communities.
Number of employees
Source: IRS Form 990
The Rainbow Connection
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
The Rainbow Connection
Highest paid employeesSOURCE: IRS Form 990
Compensation data
The Rainbow Connection
Board of directorsas of 06/14/2024
Board of directors data
Mr. Kevin Schnieders
EDSI
Term: 2023 - 2025
Rob Bava
Ryan Giacolone
Dan Flynn
Rebecca Neuman
Kevin Schnieders
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
No data
Race & ethnicity
Gender identity
Transgender Identity
Sexual orientation
No data
Disability
No data
Equity strategies
Last updated: 08/31/2023GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We review compensation data across the organization (and by staff levels) to identify disparities by race.
- We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
- We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
- We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
- We have community representation at the board level, either on the board itself or through a community advisory board.
- We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
- We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.