2020-10-23T07:31:16-05:00 2020-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2019-07-01 042507815 RAINBOW CHILD DEVELOPMENT CENTER INC RAIN 5087916849 10 EDWARD STREET WORCESTER MA 01605 ERIN ROSENLUND BOARD TREASURER 5087916849 2020-10-22 1 KATIE J BELANGER P01585213 5083669100 2020-10-22 40.70.31.102 2020-10-22 08:10:33 ED P 247284B58625830FD7AA80C2F29CE40271A21289 87AE54C884FF003181B05E7BF84F4C93A3EEF9A3 2019 2021-01-29 14:40:06Z ERIN ROSENLUND 10 EDWARD STREET WORCESTER MA 01605 2497402 0 X WWW.RAINBOWCDC.COM X 1972 MA FOUNDED AS A NOT-FOR-PROFIT CHILD CARE AGENCY SERVING CHILDREN RANGING FROM INFANCY TO 12 YEARS OF AGE IN THREE SEPERATE PROGRAMS AS WELL AS IN SOCIAL SERVICES AND SPEECH THERAPY. 17 17 42 35 0 0 1989587 2338667 215166 158343 408 392 -6953 0 2198208 2497402 0 0 0 0 1105709 1178867 0 0 126214 1201237 1258520 2306946 2437387 -108738 60015 3619902 3795041 687684 802808 2932218 2992233 X 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. TO TRANSFORM THE LIVES OF AT RISK INFANTS AND CHILDREN AND THEIR FAMILIES BY PROVIDING QUALITY EDUCATIONAL AND THERAPEUTIC PROGRAMS AND SERVICES. 0 0 550714 40144 FAMILY DAY CARE- PROVIDE SUPPORT TO FAMILY CHILD CARE AND EDUCATIONAL SERVICES IN ACCORDANCE WITH CONTRACT REQUIREMENTS. 51 CHILDREN WERE SERVED DURING FISCAL YEAR 2020 RESULTING IN 9,694 CHILDCARE DAYS. 690577 58025 PRESCHOOL DAY CARE SERVICES - PROVIDE CHILDCARE AND EDUCATIONAL SERVICES, AND PRESCHOOL CHILDREN WITH SOCIAL SERVICE AND DEVELOPMENTAL SUPPORT FOR THE CHILDREN AND THEIR FAMILIES. 67 CHILDREN WERE SERVED DURING FISCAL YEAR 2020 RESULTING IN 13,162 CHILDCARE DAYS. 589102 60174 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. 112 CHILDREN WERE SERVED DURING FISCAL YEAR 2020 RESULTING IN 19,245 CHILDCARE DAYS. 1830393 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 14 0 1 42 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X JOYCE GIACOMARRA 5087916849 10 EDWARD STREET WORCESTER MA 01605 NADINE PREMO BOARD MEMBER 2.00 X 0 0 0 ANNA MARY KRAEMER BOARD MEMBER 2.00 X 0 0 0 ROSEMARIE BOYD CFP PRESIDENT 2.00 X X 0 0 0 SHARON HOGAN BOARD MEMBER 2.00 X 0 0 0 LORETA SULEJMAN BOARD MEMBER 1.00 X 0 0 0 ERIN ROSENLUND BOARD TREASURER 2.00 X X 0 0 0 KAREN LONGO BOARD MEMBER 1.00 X 0 0 0 LINDA HYDE FIRST VP AND CLERK 2.00 X X 0 0 0 DIANNE TRACHIMOWICZ BOARD MEMBER 1.00 X 0 0 0 SHIRLEY WILLIAMS 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 PETER BOYD BOARD MEMBER 1.00 X 0 0 0 ANDREA HEALY BOARD MEMBER 1.00 X 0 0 0 STEPHANIE PASHA BOARD MEMBER 1.00 X 0 0 0 DARLENY HENRIQUEZ BOARD MEMBER 1.00 X 0 0 0 JOYCE L ROWELL EX.DIR. THROUGH MAY 2020 40.00 X 103989 0 9656 103989 0 9656 1 0 0 0 AA TRANSPORTATION 605 HARTFORD TURNPIKE SHREWSBURY MA 01545 BUS TRANSPORTATION 250616 1 49466 2070892 218309 53190 2338667 CLIENT FEES 624410 158343 158343 158343 392 392 2497402 158343 0 392 125422 94066 31356 914944 661219 183975 69750 61500 56616 2497 2387 77001 49555 20275 7171 50043 50043 3640 3640 32680 32680 24457 17139 4540 2778 46417 15163 30864 390 132828 119366 11519 1943 186444 186200 244 153340 133406 16867 3067 33808 21944 8826 3038 PROVIDER REIMBURSEMENT 395014 395014 FOOD 72726 71944 494 288 PROGRAM SUPPLIES 60952 60952 FIELD TRIPS 37342 37342 28829 4533 20250 4046 2437387 1830393 480780 126214 537283 866965 184079 184332 10000 153064 176698 46342 7268 3933328 1373550 2689134 2559778 3619902 3795041 172719 133364 300901 243766 216400 214064 209278 687684 802808 X 2893228 2947097 38990 45136 2932218 2992233 3619902 3795041 60015 0 X X 0 1 X 1 1 1 X 2238245 2256697 1995778 1989587 2338667 10818974 2238245 2256697 1995778 1989587 2338667 10818974 10818974 654 803 417 408 392 2674 17191 -2622 -3081 -6953 4535 10826183 1066452 0.99930 0.99780 X SCHEDULE A, PART III, SECTION B,LINE 12 INCLUDES THE FOLLOWING: FUNDRAISING INCOME: $16,825 NET WITH $23,778 DIRECT EXPENSES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 66500 66500 698762 214287 484475 2936520 1038709 1897811 202960 91968 110992 28586 28586 0 2559778 CAPITAL LEASE 9278 CONTINGENT DEBT 200000 209278 X 2571660 74258 74258 2497402 0 2497402 2511645 74258 74258 2437387 0 2437387 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, 2020. 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. X 240 X 36730 X 1098 X OTHER 0 8909 X TICKETS 0 5613 X MEETING 0 600 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ROSEMARIE BOYD (PRESIDENT) IS THE MOTHER OF PETER BOYD (BOARD MEMBER). FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER AND THE BUSINESS MANAGER REVIEWS 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.