2024-04-26T15:48:10-05:00 2023-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-07-01 042507815 RAINBOW CHILD DEVELOPMENT CENTER INC RAIN 5087916849 10 EDWARD STREET WORCESTER MA 01605 PAULA PERRIER EXECUTIVE DIRECTOR 5087916849 2024-04-24 1 PAULA PERRIER XXX-XX-XXXX 1 KATIE BELANGER CPA P01585213 5083669100 2024-04-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PAULA PERRIER 10 EDWARD STREET WORCESTER MA 01605 4042104 0 X WWW.RAINBOWCDC.COM X 1972 MA RAINBOW CHILD DEVELOPMENT CENTER ENHANCES THE LIVES OF UNDERSERVED CHILDREN AND THEIR FAMILIES BY PROVIDING QUALITY EDUCATIONAL AND THERAPEUTIC PROGRAMS AND SERVICES. 15 15 48 15 0 0 3293239 3890073 28535 110740 151 31063 -4475 -4183 3317450 4027693 0 0 0 0 1294244 1705434 0 0 134837 1343524 1787521 2637768 3492955 679682 534738 5066528 5979368 771879 1149981 4294649 4829387 RAINBOW PROVIDES CARE, EDUCATION AND THERAPEUTIC SERVICES TO CHILDREN AND FAMILIES IN A SAFE AND NURTURING ENVIRONMENT WHERE CHILDREN LEARN AND GROW TO REACH THEIR INDIVIDUAL POTENTIAL AND FAMILIES RECEIVE ENCOURAGEMENT AND SERVICES TO SUPPORT THEIR CHILDREN'S DEVELOPMENT. 0 0 890600 25505 FAMILY DAY CARE- PROVIDE SUPPORT TO FAMILY CHILD CARE AND EDUCATIONAL SERVICES IN ACCORDANCE WITH CONTRACT REQUIREMENTS. 129 CHILDREN WERE SERVED DURING FISCAL YEAR 2023 RESULTING IN 15,596 CHILDCARE DAYS. 914890 32696 PRESCHOOL DAY CARE SERVICES - PROVIDE CHILDCARE AND EDUCATIONAL SERVICES, AND PRESCHOOL CHILDREN WITH SOCIAL SERVICE AND DEVELOPMENTAL SUPPORT FOR THE CHILDREN AND THEIR FAMILIES. 81 CHILDREN WERE SERVED DURING FISCAL YEAR 2023 RESULTING IN 14,175 CHILDCARE DAYS. 956597 52539 SCHOOL AGE DAY CARE - PROVIDE CHILD CARE AND EDUCATIONAL SERVICES AFTER SCHOOL AND CAMP DURING THE SUMMER FOR CHILDREN, INCLUDING DEVELOPMENTAL AND SOCIAL SERVICE SUPPORT FOR THE CHILDREN AND THEIR FAMILIES. 163 CHILDREN WERE SERVED DURING FISCAL YEAR 2023 RESULTING IN 16,275 CHILDCARE DAYS. 2762087 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 18 0 1 48 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X PAULA PERRIER 5087916849 10 EDWARD STREET WORCESTER MA 01605 LINDA HYDE PRESIDENT 2.00 X X 0 0 0 ERIN ROSENLUND BOARD TREASURER 2.00 X X 0 0 0 KAREN LONGO BOARD CLERK 2.00 X X 0 0 0 NADINE PREMO BOARD MEMBER 2.00 X 0 0 0 LORETA SULEJMAN BOARD MEMBER 1.00 X 0 0 0 DIANNE TRACHIMOWICZ BOARD MEMBER 1.00 X 0 0 0 SHIRLEY WILLIAMS MSW LICSW BOARD MEMBER 1.00 X 0 0 0 PATRICK HARVEY BOARD MEMBER 1.00 X 0 0 0 SENATOR MICHAEL MOORE BOARD MEMBER 1.00 X 0 0 0 JARED FIORE BOARD MEMBER 1.00 X 0 0 0 DARLENY HENRIQUEZ BOARD MEMBER 1.00 X 0 0 0 LYNNE GRDEN BOARD MEMBER 1.00 X 0 0 0 BENEDICTA WRIGHT MSW LICSW BOARD MEMBER 1.00 X 0 0 0 DANIEL D'AMICO BOARD MEMBER 1.00 X 0 0 0 AKOSUA AGYEPONG BOARD MEMBER 1.00 X 0 0 0 PAULA PERRIER EXECUTIVE DIRECTOR 40.00 X 120559 0 8337 120559 0 8337 1 0 0 0 0 85981 37496 3561987 204609 50801 3890073 CLIENT FEES 624410 110740 110740 110740 31063 31063 10228 37496 14411 -4183 -4183 4027693 110740 0 26880 151497 113622 37875 1371120 1045927 254724 70469 87571 75491 8221 3859 95246 65171 22899 7176 2215 2215 55300 55300 29842 20201 9116 525 36508 24837 11027 644 201757 170990 29084 1683 174684 174184 500 162396 141285 17863 3248 40243 26158 11268 2817 PROVIDER REIMBURSEMENT 745860 745860 FOOD 105608 105065 191 352 FIELD TRIPS 78987 78497 490 PROGRAM SUPPLIES 78218 78218 75903 10203 60001 5699 3492955 2762087 596031 134837 1876415 18881 179284 3366371 641653 331506 48710 71092 4031031 1839513 2320466 2191518 5066528 5979368 143683 200083 208793 588380 190209 161518 229194 200000 771879 1149981 X 4250890 4677166 43759 152221 4294649 4829387 5066528 5979368 534738 0 X X 0 1 X 1 1 1 X 1989587 2338667 2901346 2895867 3890073 14015540 1989587 2338667 2901346 2895867 3890073 14015540 14015540 408 392 566 151 31063 32580 14048120 540659 0.99770 0.99980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 66500 66500 698762 256213 442549 2997858 1401903 1595955 236780 152629 84151 31131 28768 2363 2191518 CONTINGENT DEBT 200000 200000 X 4042104 0 4042104 -14411 -14411 4027693 3507366 14411 14411 3492955 0 3492955 PART X, LINE 2: THE CENTER ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CENTER HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2023. THE CENTER'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENTS EXPENSE NETTED WITH REVENUES ON 990 -14,411. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENTS EXPENSE NETTED WITH REVENUES ON 990 14,411. GOLF AND DINNER 47724 37496 10228 6417 3811 4183 47724 37496 10228 6417 3811 4183 14411 -4183 X 2120 X 560 X 2950 X 2775 X OTHER 0 42395 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER AND THE BUSINESS MANAGER REVIEW THE FORM 990. THE FORM 990 IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CENTER USES ANNUAL CONFLICT OF INTEREST POLICY SIGN OFFS TO MONITOR COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A IN ASSESSING THE EXECUTIVE DIRECTOR'S COMPENSATION, BOARD MEMBERS HAVE REVIEWED COMPENSATION LEVELS PROVIDED BY PROFESSIONAL ORGANIZATIONS FOR SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS TO DETERMINE APPROPRIATE BENCHMARKS AND COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE CENTER MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. 990 PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.