Civic Intelligence

Raynbow Foundation Inc

990EZ • Fiscal year 2014 • EIN 06-1518753

Jun 01, 2013 to May 31, 2014 • Filed on Dec 10, 2014

Organization ProfileN/A
55 Hunters RidgeRocky Hill, CT 06067

(860) 529-0605

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

10th percentile

-34%

Higher net margin than 10% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

15th percentile

-29%

Faster asset growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

8th percentile

-52%

Faster revenue growth than 8% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$22,404

Down $9,189 (-29%) from 2013

Net Assets

Down

$22,404

Down $9,189 (-29%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin10th percentile

Revenue

Down

$26,777

Down $28,844 (-52%) from 2013

Expenses

Down

$35,966

Down $3,447 (-8.7%) from 2013

Net Income

Down

-$9,189

Down $25,397 (-157%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40K$30K$20K$10K$0Assets 2011: $4,119Liabilities 2011: $02011Assets 2012: $15,385Liabilities 2012: $02012Assets 2013: $31,593Liabilities 2013: $0Net Assets 2013: $31,5932013Assets 2014: $22,404Liabilities 2014: $0Net Assets 2014: $22,4042014Assets 2015: $21,088Liabilities 2015: $0Net Assets 2015: $21,0882015Assets 2016: $20,388Liabilities 2016: $0Net Assets 2016: $20,3882016Assets 2017: $944Liabilities 2017: $02017Assets 2018: $249Liabilities 2018: $0Net Assets 2018: $2492018Assets 2019: $199Liabilities 2019: $0Net Assets 2019: $1992019Assets 2020: $149Liabilities 2020: $0Net Assets 2020: $1492020

Highlighted filing

2014

Assets$22,404
Liabilities$0
Net Assets$22,404
Open 2014 Filing

Operations Trend

Revenue Growth8th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0-$20KRevenue 2011: $46,478Expenses 2011: $43,181Net Income 2011: $3,2972011Revenue 2012: $57,887Expenses 2012: $46,621Net Income 2012: $11,2662012Revenue 2013: $55,621Expenses 2013: $39,413Net Income 2013: $16,2082013Revenue 2014: $26,777Expenses 2014: $35,966Net Income 2014: -$9,1892014Revenue 2015: $20,520Expenses 2015: $21,836Net Income 2015: -$1,3162015Revenue 2016: $29,459Expenses 2016: $30,159Net Income 2016: -$7002016Revenue 2017: -$8,891Expenses 2017: $10,553Net Income 2017: -$19,4442017Revenue 2018: $950Expenses 2018: $1,645Net Income 2018: -$6952018Revenue 2019: $0Expenses 2019: $50Net Income 2019: -$502019Revenue 2020: $0Expenses 2020: $50Net Income 2020: -$502020

Highlighted filing

2014

Revenue$26,777
Expenses$35,966
Net Income-$9,189
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2013 to May 31, 2014
Signed
Dec 10, 2014
Return Version
2013v3.0
Gross Receipts
$64,616
Mission and Program Overview

Mission

To receive and administer funds for charitable purposes.

Program Services

DescriptionGrantsExpenses
THE RAYNBOW FOUNDATION PROVIDES GRANTS TO OTHER CHAR. ORG. TO FIND THE CAUSE, PREVENTION, TREATMENT AND CURE OF JD AND IT'S COMPLICATIONS. THIS YEAR GRANTS WERE MADE TO THE JUVENILE DIABETES RESEARCH FUND AND CT CHILDRENS MEDICAL CENTER AND HARTFORD HOSPITAL.$0$0
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DONNA HUGHESPresident-$0--
ANNE ESPOSITOSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$62,966$21,230$6,839$14,391
Total Events$62,966$21,230$37,839$-16,609
Filing and Contact Details

Filer

EIN
06-1518753
Phone
8605290605

Signing Officer

Name
Donna Hughes
Title
President
Phone
8605290605
Signed
2014-12-10
Discuss with paid preparer
Yes

Preparer

Preparer
David Horowitz CPA
Phone
8605636443
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: diabetes research. Grantee name: juvenile diabetes foundation. Grantee address: 20 batterson park road farmington, ct 06032. Property description: cash donation. Date of gift: 05/06/14. Amount given: 5,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: cancer center. Grantee name: ccmc foundation. Grantee address: 12 charter oak place hartford, ct 06106. Property description: cash donation. Date of gift: 12/19/13. Amount given: 15,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: diabetes research. Grantee name: hartford hospital. Grantee address: 80 seymour street hartford, ct 06102. Property description: cash donation. Date of gift: 02/25/14. Amount given: 15,000. Total included on form 990-ez, line 10: 35,000.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: filing fees. Amount: 50. Description: office expense. Amount: 441. Description: insurance. Amount: 350. Description: travel expenses. Amount: 125. Total to form 990-ez, line 16: 966.”

Raw XML Appendix157 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
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IRS990EZ/BooksInCareOfDetail/PhoneNum08605636443
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine101813 SILAS DEANE HIGHWAY
IRS990EZ/BooksInCareOfDetail/USAddress/City0ROCKY HILL
IRS990EZ/BooksInCareOfDetail/USAddress/State0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode006067
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt031593
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt022404
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt043386
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-9189
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt031593
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IRS990EZ/FundraisingGrossIncomeAmt021230
IRS990EZ/GrantsAndSimilarAmountsPaidAmt035000
IRS990EZ/GrossReceiptsAmt064616
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt031593
IRS990EZ/NetAssetsOrFundBalancesEOYAmt022404
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt031593
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt022404
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DONNA HUGHES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANNE ESPOSITO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0966
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE PURPOSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE RAYNBOW FOUNDATION PROVIDES GRANTS TO OTHER CHAR. ORG. TO FIND THE CAUSE, PREVENTION, TREATMENT AND CURE OF JD AND IT'S COMPLICATIONS. THIS YEAR GRANTS WERE MADE TO THE JUVENILE DIABETES RESEARCH FUND AND CT CHILDRENS MEDICAL CENTER AND HARTFORD HOSPITAL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt037839
IRS990EZ/SpecialEventsNetIncomeLossAmt0-16609
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CT
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt035966
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt026777
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt043386
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt066070
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt099359
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt057206
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt030040
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0296061
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.54990
IRS990ScheduleA/PublicSupportPY170Pct00.52830
IRS990ScheduleA/PublicSupportTotal170Amt0162803
IRS990ScheduleA/SubstantialContributorsTotAmt0133258
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt043386
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt066070
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt099359
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt057206
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt030040
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0296061
IRS990ScheduleA/TotalSupportAmt0296061
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt041736
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt041736
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt037839
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt062966
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt062966
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt021230
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt021230
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-16609
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt014036
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt014036
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06839
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06839
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt016964
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt016964
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: DIABETES RESEARCH. GRANTEE NAME: JUVENILE DIABETES FOUNDATION. GRANTEE ADDRESS: 20 BATTERSON PARK ROAD FARMINGTON, CT 06032. PROPERTY DESCRIPTION: CASH DONATION. DATE OF GIFT: 05/06/14. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: CANCER CENTER. GRANTEE NAME: CCMC FOUNDATION. GRANTEE ADDRESS: 12 CHARTER OAK PLACE HARTFORD, CT 06106. PROPERTY DESCRIPTION: CASH DONATION. DATE OF GIFT: 12/19/13. AMOUNT GIVEN: 15,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: DIABETES RESEARCH. GRANTEE NAME: HARTFORD HOSPITAL. GRANTEE ADDRESS: 80 SEYMOUR STREET HARTFORD, CT 06102. PROPERTY DESCRIPTION: CASH DONATION. DATE OF GIFT: 02/25/14. AMOUNT GIVEN: 15,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 35,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: FILING FEES. AMOUNT: 50. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 441. DESCRIPTION: INSURANCE. AMOUNT: 350. DESCRIPTION: TRAVEL EXPENSES. AMOUNT: 125. TOTAL TO FORM 990-EZ, LINE 16: 966.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DONNA HUGHES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08605290605
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-12-10
ReturnHeader/Filer/BusinessName/BusinessNameLine10RAYNBOW FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0RAYN
ReturnHeader/Filer/EIN0061518753
ReturnHeader/Filer/PhoneNum08605290605
ReturnHeader/Filer/USAddress/AddressLine1055 HUNTERS RIDGE
ReturnHeader/Filer/USAddress/City0ROCKY HILL
ReturnHeader/Filer/USAddress/State0CT
ReturnHeader/Filer/USAddress/ZIPCode006067
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061187390
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10HARVEY & HOROWITZ PC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101813 SILAS DEANE HIGHWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0ROCKY HILL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0060671305
ReturnHeader/PreparerPersonGrp/PhoneNum08605636443
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID HOROWITZ CPA
ReturnHeader/ReturnTs02014-12-11T14:41:08-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-06-01
ReturnHeader/TaxPeriodEndDt02014-05-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,404
Liabilities
$0
Net assets
$22,404
Revenue
$26,777
Expenses
$35,966
Net income
-$9,189
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.00$0.05$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.00$0.20$0.00$0.05$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.95$1.65$0.70
2017Summary only. Only limited summary data is available for this year.$0.94$0.00$8.89$10.6$19.4
2016Detailed filing. Detailed filing data is available for this year.$20.4$0.00$20.4$29.5$30.2$0.70
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.1$0.00$21.1$20.5$21.8$1.32
2014Detailed filing. Detailed filing data is available for this year.$22.4$0.00$22.4$26.8$36.0$9.19
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$31.6$0.00$31.6$55.6$39.4$16.2
2012Summary only. Only limited summary data is available for this year.$15.4$0.00$57.9$46.6$11.3
2011Summary only. Only limited summary data is available for this year.$4.12$0.00$46.5$43.2$3.30