Rainbow Senior Center EIN 74-2323883 Form 990 (PDF) Claim this org

Rainbow Senior Center

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Enriches seniors' lives with programs and activities in Kendall County and Boerne. For fiscal year 2024 it reported $2.0M in revenue, $2.0M in expenses, and $5.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Food & Agriculture
Location
Boerne, TX
Website
thecenterboerne.org
Filings
5 on file (2020–2024)
Revenue
$2.0MFY2024
Expenses
$2.0M
Net assets
$5.4M
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  74-2323883 Public charity (501(c)(3)) Boerne, TX
Form 990 (PDF)
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Figures match the IRS filing checked 9/4/26 · see original: IRS
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Size
$1–10M
What they do
Enriches seniors' lives with programs and activities in Kendall County and Boerne.
Leadership
Olivia Burdick · Chief Executive Officer · $138K
Money in and out
$2.0M revenue, $2.0M expenses
Bottom line
86% program efficiency
Where the money goes · FY2024
Total revenue
$2.0M
Pt VIII · Ln 12
Total expenses
$2.0M
Pt IX · Ln 25
Net assets
$5.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$30K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.10 Fundraising $0.04
Program efficiency
86%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
2.3mo
months of highly liquid reserves at operating expense rate▼ -28% vs prior filing year
Surplus margin
-2%
revenue over expenses, this year▲ +79% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.0M
FY2024▲ +21%
Expenses
$2.0M
FY2024▲ +14%
Total assets
$5.9M
FY2024▲ +1%
Total liabilities
$434K
FY2024▲ +21%
Total revenue
$2.0M
Pt VIII · Ln 12
Total expenses
$2.0M
Pt IX · Ln 25
Net assets
$5.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$30K
Total assetsPt X · Ln 16$5.9M
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRainbow Senior Center
EINHdr · item D74-2323883
Principal addressHdr · item CBoerne, TX
WebsiteHdr · item Jthecenterboerne.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K34Z)
Ruling yearIRS BMFDec 1986

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Chief Executive Officer
$138,208Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Immediate Past Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair Elect/Secretary
$0Pt VII · Sec A

Olivia Burdick’s $138K as Chief Executive Officer is at the 78th percentile of top reported officer pay among 819 $1–10M food & agriculture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Olivia Burdick$138,208$138,208$78,269$84,993
Olivia S Burdick$82,500
Emily M Perry$32,861

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $1.7M of program spending, described in the organization's own filed words · FY2023.
01

The center is a multiservice organization serving to enrich the quality of life for older adults. Established in 1983 as the rainbow senior center and now operating at its current location, kronkosky place, the organization was renamed as "the center" to better encompass the variety of existing programs which span the social, health and…

$1.3Mprogram expense
02

Kronkosky place is the epicenter of boerne for aging adults. It provides dining opportunities, learning and leisure activities, meetups and gatherings, fitness and wellness classes, and support services. It also serves as a hub for volunteerism through its thrift shop and other various opportunities.

$351Kprogram expense
03

The transportation program focusing on accessibility provides door-to-door personal transportation services in boerne to and from kronkosky place, doctor's appointments, grocery shopping, and other errands in our community. During fy 2023-2024, the transportation program provided 8,355 rides to older adults in boerne.

$135Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.6M · 81%
Other revenue$225K · 11%
Program service revenue$145K · 7%
Investment income$14K · 1%
Contributions & grants81%$1.6M
Other revenue11%$225K
Program service revenue7%$145K
Investment income1%$14K
— government grantsLn 1e$290K
Total revenueLn 12$2.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.10 Fundraising $0.04
Program services86%$1.7M
Management & general10%$207K
Fundraising4%$73K
Total functional expensesLn 25$2.0M

Balance Sheet

Part X · end of year
CashLn 1$74K
Total assetsLn 16$5.9M
Total liabilitiesLn 26$434K
Total net assetsLn 32$5.4M
Months of cash on handcomputed0.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $355K · Operating expenses (Pt IX) $2.0M · Less non-cash grants $129K · Cash operating expenses/yr $1.9M
2.3 months
Where the money goes
Program services
Program services $1.7M · Total expenses $2.0M
86%
Management & General
Management & general $207K · Total expenses $2.0M
10%
Fundraising
Fundraising $73K · Total expenses $2.0M
4%
Cost to raise $1
Fundraising expense (3-yr avg) $33K · Solicited contributions (3-yr avg) $977K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.6M · Total revenue $2.0M
81%
Government reliance
Government grants $290K · Total revenue $2.0M
15%
Earned-income share
Program service revenue $145K · Total revenue $2.0M
7%
Investment reliance
Investment income $14K · Total revenue $2.0M
+0.7%
Program self-sufficiency
Program service revenue $145K · Total expenses $2.0M
7%
Growth & trend
Revenue growth (YoY)
This year $2.0M · Prior year $1.6M
+21%
Revenue CAGR
FY2019 $1.1M · FY2023 $2.0M
+16%
Net-asset trend (YoY)
End of year $5.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.0M · Expenses $2.0M
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $5.9M
Net-asset ratio
Net assets $5.4M · Total assets $5.9M
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $281K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5.9M
5%
People & payroll
Highest Reported Total Compensation
Individual Olivia Burdick · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $138K · Total expenses $2.0M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $825K · Total expenses $2.0M
41%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 10%
Fundraising cost ratio 5%
Revenue growth 21%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$2.0M revenue · viewing · ⤓ 990 PDF
FY2023$1.6M revenue · ⤓ 990 PDF
FY2022$1.4M revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$1.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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