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Filing year 2023

RAINBOW OF CHALLENGES INC

Hope, Arkansas·EIN 71-0417425·501(c)(3)
Total revenue
$16M
Total assets
$19.6M
Total expenses
$15M
Reported officers
13
Mission

DISCOVERING OPPORTUNITIES THAT INSPIRE LIVES...WHATEVER IT TAKES!

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Roc President/ceo
Median to 75th percentile
$148k
$162k
CFO
Median to 75th percentile
$100k
$109k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2022

From $147k in 2022 to $148k in 2023.

$147k
2022
$148k
2023
In today's dollarsEst.
Down 3% in real terms$167k to $162k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1% from 2022 to 2023, while revenue fell 28%.

$147k in 2022 to $148k in 2023.
  • Chief Financial Officer pay held roughly steady from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

RAINBOW OF CHALLENGES INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$22.3M
$17.3M
2022
$16M
$15M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about RAINBOW OF CHALLENGES INC

What does the Chief Executive Officer of RAINBOW OF CHALLENGES INC earn?

In 2023, the Chief Executive Officer of RAINBOW OF CHALLENGES INC received $147,931 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at RAINBOW OF CHALLENGES INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at RAINBOW OF CHALLENGES INC falls between the median and the 75th percentile.

What are RAINBOW OF CHALLENGES INC's revenue and expenses?

In 2023, RAINBOW OF CHALLENGES INC reported $16M in total revenue and $15M in total expenses on its IRS Form 990.

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