Civic Intelligence

Rainbow Learning Enrichment Nfp

990 • Fiscal year 2021 • EIN 26-4059542

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 04, 2022

Organization ProfileN/A
202 N Schuyler Ave S-107Kankakee, IL 60901

(815) 932-0569

Siviq Scores

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

Liabilities / Assets

77th percentile

0.33x

Higher debt load relative to assets than 77% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.17x

Higher debt load relative to revenue than 62% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

37th percentile

5.7%

Higher net margin than 37% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

59th percentile

$76,463

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

85th percentile

45%

Faster asset growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

42nd percentile

5.8%

Faster revenue growth than 42% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$679,392

Up $210,610 (+45%) from 2020

Net Assets

Up

$453,690

Up $75,953 (+20%) from 2020

Liabilities

Up

$225,702

Up $134,657 (+148%) from 2020

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin37th percentile

Revenue

Up

$1,333,229

Up $73,584 (+5.8%) from 2020

Expenses

Up

$1,257,276

Up $2,080 (+0.2%) from 2020

Net Income

Up

$75,953

Up $71,504 (+1607%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$800K$600K$400K$200K$0Assets 2015: $266,526Liabilities 2015: $61,097Net Assets 2015: $205,4292015Assets 2016: $241,274Liabilities 2016: $53,225Net Assets 2016: $188,0492016Assets 2017: $460,924Liabilities 2017: $235,555Net Assets 2017: $225,3692017Assets 2018: $356,794Liabilities 2018: $145,573Net Assets 2018: $211,2212018Assets 2019: $614,580Liabilities 2019: $241,292Net Assets 2019: $373,2882019Assets 2020: $468,782Liabilities 2020: $91,045Net Assets 2020: $377,7372020Assets 2021: $679,392Liabilities 2021: $225,702Net Assets 2021: $453,6902021Assets 2022: $567,045Liabilities 2022: $174,004Net Assets 2022: $393,0412022Assets 2023: $611,190Liabilities 2023: $242,904Net Assets 2023: $368,2862023Assets 2024: $613,734Liabilities 2024: $289,156Net Assets 2024: $324,5782024

Highlighted filing

2021

Assets$679,392
Liabilities$225,702
Net Assets$453,690
Open 2021 Filing

Operations Trend

Revenue Growth42nd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2015: $1,030,349Expenses 2015: $1,022,455Net Income 2015: $7,8942015Revenue 2016: $915,850Expenses 2016: $933,230Net Income 2016: -$17,3802016Revenue 2017: $1,037,233Expenses 2017: $999,913Net Income 2017: $37,3202017Revenue 2018: $1,035,790Expenses 2018: $1,049,938Net Income 2018: -$14,1482018Revenue 2019: $1,241,777Expenses 2019: $1,079,710Net Income 2019: $162,0672019Revenue 2020: $1,259,645Expenses 2020: $1,255,196Net Income 2020: $4,4492020Revenue 2021: $1,333,229Expenses 2021: $1,257,276Net Income 2021: $75,9532021Revenue 2022: $1,473,248Expenses 2022: $1,533,897Net Income 2022: -$60,6492022Revenue 2023: $1,711,387Expenses 2023: $1,732,520Net Income 2023: -$21,1332023Revenue 2024: $1,732,011Expenses 2024: $1,775,719Net Income 2024: -$43,7082024

Highlighted filing

2021

Revenue$1,333,229
Expenses$1,257,276
Net Income$75,953
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 4, 2022
Return Version
2020v4.0
Gross Receipts
$1,333,229
Mission and Program Overview

Mission

Rainbow Learning Enrichment provides head start day care services to children of migrant workers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$375,986$451,955▲ $75,969
Pledges and Grants Receivable$81,392$151,874▲ $70,482
Cash and Non-Interest-Bearing Accounts$10,202$73,901▲ $63,699
Prepaid Expenses and Deferred Charges$1,202$1,662▲ $460
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$468,782$679,392▲ $210,610
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$91,045$225,702▲ $134,657
Total Liabilities$91,045$225,702▲ $134,657
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$377,737$453,690▲ $75,953
Total Net Assets Fund Balance$377,737$453,690▲ $75,953
Total Liabilities and Net Assets / Fund Balance$468,782$679,392▲ $210,610

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$451,955$389,438-
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Maria AndersonExecutive DirecFT$76,463$76,463

Board Members and Trustees

NameTitle
Gloria RichardPresident
Linda EarleywineVice President
Luis MaganaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,333,229
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$10
Change in Net Assets
$75,953

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,333,229
Revenue Not Reported on Form 990
$48,155
Total Revenue per Audited Statements
$1,381,384
Total Revenue per Form 990
$1,333,229
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$870,667
Other Expenses$386,609
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$549,487$100,896-$650,383
Occupancy$116,453$3,604-$120,057
Payroll Taxes$78,316$14,901-$93,217
Current Officers, Directors, Trustees, and Key Employees$61,170$15,293-$76,463
Depreciation Depletion$70,342--$70,342
Other Employee Benefits$42,515$8,089-$50,604
Fees for Services Accounting-$37,748-$37,748
All Other Expenses$17,359$247-$17,606
Other Expenses$7,550$1,110-$7,550
Insurance$3,201$99-$3,300
Travel$2,704--$2,704
Interest-$1,041-$1,041
Total Functional Expenses$1,072,930$184,346$0$1,257,276

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,305,431
Expenses per Audited Statements$1,257,276
Total Expenses per Form 990$1,257,276
Expenses Not Reported on Form 990$48,155
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“The completed tax return (form 990) is provided to the president and the executive director for their review. The president and the executive director perform a limited review.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The monitoring and enforcement of polices are reviewed at the monthly Board of Director meetings.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The Director is reviewed annually by the Board of Directors and by the grantor. The payscale is determined by the grantor in the annual budget submitted for approval.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“All employees are reviewed by their Supervisor and then approved by the Director. Salaries are approved by the grantor in the annual budget submitted to them.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Upon request, taxpayer will provide access to the requested documents.”

Filing and Contact Details

Filer

Filer Name
Rainbow Learning Enrichment NFP
EIN
26-4059542
Phone
8159320569
Address
202 N Schuyler Ave S-107, Kankakee, IL 60901

Signing Officer

Name
Gloria Richard
Title
President
Signed
2022-04-04
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
51

Preparer

Firm
Borschnack Pelletier & Co
Address
200 E COURT ST STE 608, KANKAKEE, IL 60901
Preparer
Daniel J Borschnack
Phone
8159331771
Raw XML Appendix389 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt091045
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0225702
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Rainbow Learning Enrichment provides head start day care services to children of migrant workers.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt010
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0247
IRS990/AllOtherExpensesGrp/ProgramServicesAmt017359
IRS990/AllOtherExpensesGrp/TotalAmt017606
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Maria Anderson
IRS990/BooksInCareOfDetail/PhoneNum08159320569
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0202 N Schuyler Ave S-107
IRS990/BooksInCareOfDetail/USAddress/CityNm0Kankakee
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060901
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt010202
IRS990/CashNonInterestBearingGrp/EOYAmt073901
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt015293
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt061170
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt076463
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01333229
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0386609
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt075953
IRS990/CYSalariesCompEmpBnftPaidAmt0870667
IRS990/CYTotalExpensesAmt01257276
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01333229
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt070342
IRS990/DepreciationDepletionGrp/TotalAmt070342
IRS990/Desc0Rainbow Learning Enrichment provides head start day care services to children of migrant workers.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt051
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01072930
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt037748
IRS990/FeesForServicesAccountingGrp/TotalAmt037748
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0Maria Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm1Gloria Richard
IRS990/Form990PartVIISectionAGrp/PersonNm2Linda Earleywine
IRS990/Form990PartVIISectionAGrp/PersonNm3Luis Magana
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt076463
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Direc
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt01333219
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01333229
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt099
IRS990/InsuranceGrp/ProgramServicesAmt03201
IRS990/InsuranceGrp/TotalAmt03300
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt01041
IRS990/InterestGrp/TotalAmt01041
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0389438
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0375986
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0451955
IRS990/LandBldgEquipCostOrOtherBssAmt0841393
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Rainbow Learning Enrichment provides head start day care services to children of migrant workers.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0377737
IRS990/NetAssetsOrFundBalancesEOYAmt0453690
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0377737
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0453690
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt03604
IRS990/OccupancyGrp/ProgramServicesAmt0116453
IRS990/OccupancyGrp/TotalAmt0120057
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08089
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt042515
IRS990/OtherEmployeeBenefitsGrp/TotalAmt050604
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Bus transportation
IRS990/OtherExpensesGrp/Desc2Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc3Client Services
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01318
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11110
IRS990/OtherExpensesGrp/ProgramServicesAmt082936
IRS990/OtherExpensesGrp/ProgramServicesAmt133750
IRS990/OtherExpensesGrp/ProgramServicesAmt27147
IRS990/OtherExpensesGrp/ProgramServicesAmt37550
IRS990/OtherExpensesGrp/TotalAmt084254
IRS990/OtherExpensesGrp/TotalAmt133750
IRS990/OtherExpensesGrp/TotalAmt28257
IRS990/OtherExpensesGrp/TotalAmt37550
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0100896
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0549487
IRS990/OtherSalariesAndWagesGrp/TotalAmt0650383
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014901
IRS990/PayrollTaxesGrp/ProgramServicesAmt078316
IRS990/PayrollTaxesGrp/TotalAmt093217
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt081392
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0151874
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01202
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01662
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01259645
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0453369
IRS990/PYRevenuesLessExpensesAmt04449
IRS990/PYSalariesCompEmpBnftPaidAmt0801827
IRS990/PYTotalExpensesAmt01255196
IRS990/PYTotalRevenueAmt01259645
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt075953
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01333219
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01259645
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01241777
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01034790
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01036733
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05906164
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt010
IRS990ScheduleA/OtherIncome170Grp/TotalAmt010
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt05906164
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01333219
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01259645
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01241777
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01034790
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01036733
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05906164
IRS990ScheduleA/TotalSupportAmt05906174
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt048155
IRS990ScheduleD/DonatedServicesUseFcltsAmt048155
IRS990ScheduleD/EquipmentGrp/BookValueAmt0451955
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0389438
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0841393
IRS990ScheduleD/ExpensesNotReportedAmt048155
IRS990ScheduleD/ExpensesSubtotalAmt01257276
IRS990ScheduleD/RevenueNotReportedAmt048155
IRS990ScheduleD/RevenueSubtotalAmt01333229
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0451955
IRS990ScheduleD/TotalExpensesPerForm990Amt01257276
IRS990ScheduleD/TotalRevenuePerForm990Amt01333229
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01381384
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01305431
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The completed tax return (form 990) is provided to the president and the executive director for their review. The president and the executive director perform a limited review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The monitoring and enforcement of polices are reviewed at the monthly Board of Director meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Director is reviewed annually by the Board of Directors and by the grantor. The payscale is determined by the grantor in the annual budget submitted for approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All employees are reviewed by their Supervisor and then approved by the Director. Salaries are approved by the grantor in the annual budget submitted to them.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Upon request, taxpayer will provide access to the requested documents.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0468782
IRS990/TotalAssetsEOYAmt0679392
IRS990/TotalAssetsGrp/BOYAmt0468782
IRS990/TotalAssetsGrp/EOYAmt0679392
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01333229
IRS990/TotalEmployeeCnt051
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0184346
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01072930
IRS990/TotalFunctionalExpensesGrp/TotalAmt01257276
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt091045
IRS990/TotalLiabilitiesEOYAmt0225702
IRS990/TotalLiabilitiesGrp/BOYAmt091045
IRS990/TotalLiabilitiesGrp/EOYAmt0225702
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0377737
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0453690
IRS990/TotalProgramServiceExpensesAmt01072930
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt076463
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01333229
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0468782
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0679392
IRS990/TravelGrp/ProgramServicesAmt02704
IRS990/TravelGrp/TotalAmt02704
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0202 N Schuyler Ave S-107
IRS990/USAddress/CityNm0Kankakee
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd0609013865
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Gloria Richard
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Rainbow Learning Enrichment NFP
ReturnHeader/Filer/BusinessNameControlTxt0RAIN
ReturnHeader/Filer/EIN0264059542
ReturnHeader/Filer/PhoneNum08159320569
ReturnHeader/Filer/USAddress/AddressLine1Txt0202 N Schuyler Ave S-107
ReturnHeader/Filer/USAddress/CityNm0Kankakee
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060901
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263596611
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BORSCHNACK PELLETIER & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 E COURT ST STE 608
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANKAKEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060901
ReturnHeader/PreparerPersonGrp/PhoneNum08159331771
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Daniel J Borschnack
ReturnHeader/ReturnTs02022-04-06T10:17:33-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Gloria
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Richard
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$679,392
Liabilities
$225,702
Net assets
$453,690
Revenue
$1,333,229
Expenses
$1,257,276
Net income
$75,953
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.61$0.29$0.32$1.73$1.78$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.61$0.24$0.37$1.71$1.73$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.57$0.17$0.39$1.47$1.53$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.68$0.23$0.45$1.33$1.26$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.47$0.09$0.38$1.26$1.26$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.61$0.24$0.37$1.24$1.08$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.36$0.15$0.21$1.04$1.05$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.46$0.24$0.23$1.04$1.00$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.24$0.05$0.19$0.92$0.93$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.27$0.06$0.21$1.03$1.02$0.01