2024-11-06T08:45:36-06:00 2024-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-07-01 042507815 RAINBOW CHILD DEVELOPMENT CENTER INC RAIN 5087916849 10 EDWARD STREET WORCESTER MA 01605 PAULA PERRIER EXECUTIVE DIRECTOR 5087916849 2024-10-30 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2024-10-30 2023 2024-10-15 13:58:12Z PAULA PERRIER 10 EDWARD STREET WORCESTER MA 01605 5972480 0 X WWW.RAINBOWCDC.COM X 1972 MA RAINBOW CHILD DEVELOPMENT CENTER'S MISSION IS TO ENHANCE THE LIVES OF UNDERSERVED CHILDREN AND THEIR FAMILIES. 16 16 67 31 0 0 3890073 5644374 110740 191575 31063 126908 -4183 -2606 4027693 5960251 0 0 0 0 1705434 2034371 0 0 144922 1787521 2970910 3492955 5005281 534738 954970 5979368 7142512 1149981 1358155 4829387 5784357 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 FULL POTENTIAL, AND FAMILIES RECEIVE ENCOURAGEMENT AND SERVICES TO SUPPORT THEIR CHILDREN'S DEVELOPMENT. 0 0 1662601 45314 FAMILY CHILD CARE PROGRAM - PROVIDE SUPPORT TO FCC EDUCATORS FOR EDUCATIONAL SERVICES IN ACCORDANCE WITH EEC CONTRACT REQUIREMENTS FOR FCC SYSTEMS. 165 CHILDREN WERE SERVED DURING FISCAL YEAR 2024. 1022012 31334 PRESCHOOL PROGRAM - PROVIDE CHILDCARE AND EDUCATIONAL SERVICES FOR PRESCHOOL AGE CHILDREN, AS WELL AS SOCIAL SERVICE AND DEVELOPMENTAL SUPPORT FOR THE CHILDREN AND THEIR FAMILIES. 68 CHILDREN WERE SERVED DURING FISCAL YEAR 2024. 1341366 114927 SCHOOL AGE PROGRAM - PROVIDE CHILDCARE AND EDUCATIONAL SERVICES AFTER SCHOOL ON SCHOOL DAYS AND FULL-DAY DURING SCHOOL VACATIONS, INCLUDING CAMP DURING THE SUMMER, AS WELL AS SOCIAL SERVICE AND DEVELOPMENTAL SUPPORT FOR THE CHILDREN AND THEIR FAMILIES. 155 CHILDREN WERE SERVED DURING FISCAL YEAR 2024. 4025979 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 31 0 1 67 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 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 MICHAEL LAVOIE BOARD MEMBER (AS OF 10/2023) 1.00 X 0 0 0 PAULA PERRIER EXECUTIVE DIRECTOR 40.00 X 131431 0 13258 131431 0 13258 1 0 0 0 PATRIA VASQUEZ DE CORREA 28 WOODFORD STREET APT 1 WORCESTER MA 01604 HOME BASED CHILD CARE 134207 MELANIA PEREZ PELAEZ 26 SWANSON ROAD AUBURN MA 01501 HOME BASED CHILD CARE 101011 2 34524 33055 5230354 346441 48926 5644374 CLIENT FEES 624410 191575 191575 191575 126908 126908 9623 33055 12229 -2606 -2606 5960251 191575 0 124302 144154 108116 36038 1647898 1322523 243534 81841 106573 58834 44975 2764 135746 104379 21785 9582 18978 18978 55957 55957 267064 37279 228860 925 33849 12561 20315 973 278246 252200 24777 1269 158945 158821 124 164142 144443 18058 1641 44598 31637 9906 3055 PROVIDER REIMBURSEMENT 1483566 1483566 FOOD 159283 159084 136 63 FIELD TRIPS 134524 134524 PROGRAM SUPPLIES 100518 100518 71240 25610 38859 6771 5005281 4025979 834380 144922 18881 82291 3366371 4207996 331506 659914 71092 122994 4072972 2003655 2191518 2069317 5979368 7142512 200083 407215 588380 619486 161518 131454 200000 200000 1149981 1358155 X 4677166 5655734 152221 128623 4829387 5784357 5979368 7142512 954970 0 X X 0 1 X 1 1 1 X 2338667 2901346 2895867 3890073 5644374 17670327 2338667 2901346 2895867 3890073 5644374 17670327 17670327 392 566 151 31063 126908 159080 17829407 528918 0.99110 0.99770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 66500 66500 698762 270188 428574 3036453 1527264 1509189 240126 177071 63055 31131 29132 1999 2069317 CONTINGENT DEBT 200000 200000 X 5978230 5750 5750 5972480 -12229 -12229 5960251 5023260 5750 12229 17979 5005281 0 5005281 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, 2024. 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 -12,229. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENTS EXPENSE NETTED WITH REVENUES ON 990 12,229. GOLF AND DINNER 42678 33055 9623 6458 3166 2605 42678 33055 9623 6458 3166 2605 12229 -2606 X 1050 FMV X TOYS/HOLIDAY GIFTS 0 43951 FMV X THANKSGIVING BASKETS 0 3425 FMV X HALLOWEEN COSTUMES 0 400 FMV X SCHOOL SUPPLIES 0 100 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER AND THE DIRECTOR OF FINANCE/OPERATIONS 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 IT 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.