Civic Intelligence

Raynbow Foundation Inc

990EZ • Fiscal year 2016 • EIN 06-1518753

Jun 01, 2015 to May 31, 2016 • Filed on Apr 26, 2017

1813 Silas Deane HighwayRocky Hill, CT 06067

(860) 529-0605

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

35th percentile

-2.4%

Higher net margin than 35% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

38th percentile

-3.3%

Faster asset growth than 38% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

84th percentile

44%

Faster revenue growth than 84% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$20,388

Down $700 (-3.3%) from 2015

Net Assets

Down

$20,388

Down $700 (-3.3%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$29,459

Up $8,939 (+44%) from 2015

Expenses

Up

$30,159

Up $8,323 (+38%) from 2015

Net Income

Up

-$700

Up $616 (+47%) from 2015

Historical Trend

Balance Sheet Trend

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

2016

Assets$20,388
Liabilities$0
Net Assets$20,388

Operations Trend

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

2016

Revenue$29,459
Expenses$30,159
Net Income-$700
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Apr 26, 2017
Return Version
2015v3.0
Gross Receipts
$63,837
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 CT CHILDRENS MEDICAL CENTER AND HARTFORD HOSPITAL.$0$0
Compensation and Service Providers

Employees

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

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$63,837$25,625$5,285$20,340
Total Events$63,837$25,625$34,377$-8,752
Filing and Contact Details

Filer

Filer Name
Raynbow Foundation Inc
EIN
06-1518753
Phone
8605290605
Address
1813 SILAS DEANE HIGHWAY, ROCKY HILL, CT 06067

Signing Officer

Name
Donna Hughes
Title
President
Phone
8605290605
Signed
2017-04-26
Discuss with paid preparer
Yes

Preparer

Firm
Harvey & Horowitz Pc Cpas
Address
1813 SILAS DEANE HIGHWAY, ROCKY HILL, CT 06067-1305
Preparer
David Horowitz CPA
Phone
8605636443
Supplemental Narrative

Additional Explanations

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: 01/28/16. Amount given: 14,000.

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: 01/28/16. Amount given: 14,000.

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

Activity classification: . Grantee name: ccmc foundation. Grantee address: 12 charter oak place hartford, ct 06106. Property description: cash donation. Date of gift: 01/27/16. Amount given: 1,400. Total included on form 990-ez, line 10: 29,400.

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

Description: filing fees. Amount: 50. Description: office expense. Amount: 359. Description: insurance. Amount: 350. Total to form 990-ez, line 16: 759.

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.

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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE PURPOSES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: CANCER CENTER. GRANTEE NAME: CCMC FOUNDATION. GRANTEE ADDRESS: 12 CHARTER OAK PLACE HARTFORD, CT 06106. PROPERTY DESCRIPTION: CASH DONATION. DATE OF GIFT: 01/28/16. AMOUNT GIVEN: 14,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: DIABETES RESEARCH. GRANTEE NAME: HARTFORD HOSPITAL. GRANTEE ADDRESS: 80 SEYMOUR STREET HARTFORD, CT 06102. PROPERTY DESCRIPTION: CASH DONATION. DATE OF GIFT: 01/28/16. AMOUNT GIVEN: 14,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: . GRANTEE NAME: CCMC FOUNDATION. GRANTEE ADDRESS: 12 CHARTER OAK PLACE HARTFORD, CT 06106. PROPERTY DESCRIPTION: CASH DONATION. DATE OF GIFT: 01/27/16. AMOUNT GIVEN: 1,400. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 29,400.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: FILING FEES. AMOUNT: 50. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 359. DESCRIPTION: INSURANCE. AMOUNT: 350. TOTAL TO FORM 990-EZ, LINE 16: 759.
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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DONNA HUGHES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08605290605
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAYNBOW FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0RAYN
ReturnHeader/Filer/EIN0061518753
ReturnHeader/Filer/PhoneNum08605290605
ReturnHeader/Filer/USAddress/AddressLine1Txt01813 SILAS DEANE HIGHWAY
ReturnHeader/Filer/USAddress/CityNm0ROCKY HILL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006067
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061187390
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HARVEY & HOROWITZ PC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01813 SILAS DEANE HIGHWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCKY HILL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0060671305
ReturnHeader/PreparerPersonGrp/PhoneNum08605636443
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID HOROWITZ CPA
ReturnHeader/ReturnTs02017-04-28T12:29:09-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-06-01
ReturnHeader/TaxPeriodEndDt02016-05-31
ReturnHeader/TaxYr02015

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits