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Alabama · Nonprofit

RAINBOW OMEGA INC

RAINBOW OMEGA INC (Alabama) receives grants from 30 organizations whose IRS filings report $1,612,518 to it, the largest being Community Foundation of Northeast Alabama ($629,197). 18 of them have funded it in more than one year.

Revenue FY2025
$9.2M
Funders on record
30
Grants received
$1.6M
Net assets
$7.9M
18/30 repeat funderspeak grant-dependency 2%
01What it does

What Rainbow Omega Inc does

Mission

Provide group homes for developmentally disabled adults in a caring and nurturing environment.

As stated on its FY2025 Form 990.

Program

  1. Provided dayhab services, vocational training and respite care services for residents and others.

    $8,257,108 spent$6,306,204 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $8,257,108.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($6.2M) Expenses 100 ($6.1M) Net assets 100 ($3.8M)2018 Revenue 105 ($6.5M) Expenses 103 ($6.3M) Net assets 105 ($4.0M)2019 Revenue 127 ($7.9M) Expenses 108 ($6.6M) Net assets 139 ($5.3M)2020 Revenue 139 ($8.6M) Expenses 116 ($7.1M) Net assets 180 ($6.8M)2021 Revenue 142 ($8.8M) Expenses 119 ($7.3M) Net assets 222 ($8.4M)2022 Revenue 133 ($8.3M) Expenses 134 ($8.2M) Net assets 218 ($8.3M)2023 Revenue 134 ($8.3M) Expenses 145 ($8.9M) Net assets 206 ($7.8M)2024 Revenue 135 ($8.4M) Expenses 144 ($8.8M) Net assets 209 ($7.9M)2025 Revenue 147 ($9.2M) Expenses 147 ($9.0M) Net assets 209 ($7.9M)
'17'18'19'20'21'22'23'24'25
Revenue (147)Expenses (147)Net assets (209)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $9.4M to $11M (+21%).

$8.3M
$8.2M
$9.4M
$11M
$12M
$12M
$11M
$11M
$11M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 5% · 2018 5% · 2019 4% · 2020 5% · 2021 18% · 2022 8% · 2023 6% · 2024 10% · 2025 7%. Grants only. Government contracts and fees sit inside program revenue.

21% of RAINBOW OMEGA INC’s revenue is contributions — about as donation-reliant as the typical peer (81% for the typical peer).

This organization
Typical peer · 11,814 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$91k
’17
$188k
’18
$1.3M
’19
$1.5M
’20
$1.6M
’21
$54k
’22
−$606k
’23
−$400k
’24
$154k
’25
1.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Tim Hodge

CEO

Board chair

Dr Vance Moore

Board chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed121313121210111616
Joined·+1+2+0+1+0+1+6+0
No longer listed·02112010
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 15 funders, grant income rose $112k → $189k.

6 of 30 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 49% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of RAINBOW OMEGA INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

RAINBOW OMEGA INC leans on a few funders — its largest provides 39% of grant income and the top three 69%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

74% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund RAINBOW OMEGA INC.

39%
largest funder
69%
top three
~5
effective funders

Largest funder’s share by year: 2017 58% · 2018 63% · 2019 74% · 2020 42% · 2021 28% · 2022 36% · 2023 22% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

59% of RAINBOW OMEGA INC's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

59% of RAINBOW OMEGA INC's grant income comes from Alabama funders.

NY
MA
IA
CA
AZ
AL
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Alabama out of state home

Funder states come from each funder’s own filing. $786k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

RAINBOW OMEGA INC's funding base is broadening — from 8 funders to 15 as grant income climbed.

Operating margin2% · below the median
Months of reserve1.3mo · below the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 7,349 human services nonprofits $1M–$10M, FY2025

Organizations like RAINBOW OMEGA INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Alabama

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 7%Fundraising 1%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Rainbow Garden Center Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for RAINBOW OMEGA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds RAINBOW OMEGA INC?
RAINBOW OMEGA INC (Alabama) receives grants from 30 organizations whose IRS filings report $1,612,518 to it, the largest being Community Foundation of Northeast Alabama ($629,197). 18 of them have funded it in more than one year.
How many funders does RAINBOW OMEGA INC have?
IRS filings report 30 organizations giving $1,612,518 in grants to RAINBOW OMEGA INC, 18 of which have funded it in more than one year.
Who is the largest funder of RAINBOW OMEGA INC?
Community Foundation of Northeast Alabama is the largest funder on record, with $629,197 in grants. The full list of funders is on this page.
How can an organization like RAINBOW OMEGA INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Alabama. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Rainbow Omega →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 30 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing