Charity Search / RAINBOW RIDERS NFP
Recreation & Sports (N69) IRS Verified DX Registered 990 on File

RAINBOW RIDERS NFP

EIN: 16-1747451 · MONMOUTH, IL 61462-9202 · United States · FY 2023 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 70/100
Reliability (20%) 55/100
Effectiveness (25%) 73/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2023
$169K
Total Revenue
$142K
Total Expenses
$254K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 99.4%
Fundraising Efficiency N/A
Operating Reserve 21.48x
Liability-to-Asset 28.2%
Revenue Diversification 95.6%
Compared with Peers
FY 2023
Compared with 11,967 similar organizations (United States, Recreation & Sports, $100K–$1M in expenses), FY 2023.
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
99.4% 94.5%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
21.5 mo 6.6 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
28.2% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
95.6% 89.9%
P10P90
Below median
Revenue growth
Year over year revenue growth
81.7% 10.9%
P10P90
Expense growth
Year over year expense growth
21.6% 14.4%
P10P90
Surplus margin
Surplus as a share of revenue
15.9% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $169K $142K $254K 99.4%
2022 $93K $117K $228K 98.6%
2021 $212K $118K N/A 1
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Organization Details
EIN
16-1747451
State
IL
City
MONMOUTH
ZIP
61462-9202
Classification
N69
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
15
Form 990
On File
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