Civic Intelligence

Rainbow School

990EZ • Fiscal year 2023 • EIN 41-1959264

Jun 01, 2022 to May 31, 2023 • Filed on Oct 28, 2023

624 3rd Ave SWRochester, MN 55902

(507) 261-0586

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

25th percentile

-13%

Higher net margin than 25% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

87th percentile

$26,916

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 28.2% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

25th percentile

-18%

Faster asset growth than 25% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

21st percentile

-26%

Faster revenue growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$58,765

Down $12,870 (-18%) from 2022

Net Assets

Down

$58,765

Down $12,870 (-18%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$95,578

Down $33,604 (-26%) from 2022

Expenses

Down

$107,795

Down $19,990 (-16%) from 2022

Net Income

Down

-$12,217

Down $13,614 (-975%) from 2022

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $5,921Net Assets 2011: $5,9212011Assets 2012: $18,920Liabilities 2012: $02012Assets 2013: $26,452Net Assets 2013: $26,4522013Assets 2014: $32,728Net Assets 2014: $32,7282014Assets 2015: $39,496Net Assets 2015: $39,4962015Assets 2016: $29,938Net Assets 2016: $29,9382016Assets 2017: $21,051Net Assets 2017: $21,0512017Assets 2018: $41,600Net Assets 2018: $41,6002018Assets 2019: $45,115Net Assets 2019: $45,1152019Assets 2020: $49,470Net Assets 2020: $49,4702020Assets 2021: $69,461Net Assets 2021: $69,4612021Assets 2022: $71,635Net Assets 2022: $71,6352022Assets 2023: $58,765Net Assets 2023: $58,7652023Assets 2024: $62,560Net Assets 2024: $62,5602024Assets 2025: $74,122Net Assets 2025: $74,1222025

Highlighted filing

2023

Assets$58,765
Liabilities-
Net Assets$58,765

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $77,803Expenses 2011: $74,660Net Income 2011: $3,1432011Revenue 2012: $93,729Expenses 2012: $83,064Net Income 2012: $10,6652012Revenue 2013: $101,176Expenses 2013: $91,652Net Income 2013: $9,5242013Revenue 2014: $104,763Expenses 2014: $100,629Net Income 2014: $4,1342014Revenue 2015: $101,207Expenses 2015: $96,596Net Income 2015: $4,6112015Revenue 2016: $114,197Expenses 2016: $122,032Net Income 2016: -$7,8352016Revenue 2017: $100,376Expenses 2017: $109,798Net Income 2017: -$9,4222017Revenue 2018: $125,399Expenses 2018: $104,997Net Income 2018: $20,4022018Revenue 2019: $106,628Expenses 2019: $103,867Net Income 2019: $2,7612019Revenue 2020: $112,016Expenses 2020: $107,320Net Income 2020: $4,6962020Revenue 2021: $93,100Expenses 2021: $72,601Net Income 2021: $20,4992021Revenue 2022: $129,182Expenses 2022: $127,785Net Income 2022: $1,3972022Revenue 2023: $95,578Expenses 2023: $107,795Net Income 2023: -$12,2172023Revenue 2024: $120,878Expenses 2024: $115,791Net Income 2024: $5,0872024Revenue 2025: $122,220Expenses 2025: $112,709Net Income 2025: $9,5112025

Highlighted filing

2023

Revenue$95,578
Expenses$107,795
Net Income-$12,217
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Oct 28, 2023
Return Version
2022v5.0
Gross Receipts
$95,578
Mission and Program Overview

Mission

Education

Program Services

DescriptionGrantsExpenses
SERVE FAMILIES OF 3, 4, AND 5 YEAR-OLD CHILDREN BY OFFERING A PART-TIME MIDWEEK CHRISTIAN BASED PRESCHOOL PROGRAM-$100,566
SERVE FAMILIES OF 3, 4, AND 5 YEAR-OLD CHILDREN BY OFFERING A PART-TIME MIDWEEK CHRISTIAN BASED PRESCHOOL PROGRAM--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CATHERINE THISIUSDirectorPT$26,916-$26,916
TRACY TOLLEFSONTeacherPT$18,470-$18,470
STACY FREIMUTHTeacherPT$18,272-$18,272
CHRISTINE CWIKLATeacher-$2,148-$2,148
MICKAYLA MILESTeacher-$1,648-$1,648
CADI KIELTeacher-$1,599-$1,599
TERI JOYNERTreasurer-$600-$600
ALEX WARDCustodian-$249-$249
KAYLAN GROENPresident-$0--
NATHAN JENSONBoard Member-$0--
JED GROENSecretary-$0--
KIM PICKETTBoard Member-$0--
JOSH DASCHERBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Rainbow School
EIN
41-1959264
Phone
5072610586
Address
624 3RD AVE SW, ROCHESTER, MN 55902

Signing Officer

Name
Catherine Thisius
Title
Director
Phone
5072610586
Signed
2023-10-28
Discuss with paid preparer
Yes

Preparer

Firm
Wiltrout Accounting LLC
Address
1435 INDUSTRIAL DR NW, ROCHESTER, MN 55901-0717
Preparer
Terri Wiltrout
Phone
5079514234
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses cell phone 1,215 field trip expense 347 training 580 supplies & equipment 5,372 total 7,514

Form 990-ez, Part I, Line 20

Payroll withholdings 0 payroll withholdings -653

Form 990-ez, Part III, Line 31

Serve families of 3, 4, and 5 year-old children by offering a part-time midweek christian based preschool program

Raw XML Appendix158 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0CATHERINE THISIUS
IRS990EZ/BooksInCareOfDetail/PhoneNum05072610586
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROCHESTER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055902
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt071635
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IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-12217
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IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10000.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt026916
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt118272
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt32148
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt418470
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt8600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt91648
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10249
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt111599
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CATHERINE THISIUS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STACY FREIMUTH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KAYLAN GROEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHRISTINE CWIKLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TRACY TOLLEFSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5NATHAN JENSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JED GROEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7KIM PICKETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8TERI JOYNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9MICKAYLA MILES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10ALEX WARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11CADI KIEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12JOSH DASCHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TEACHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TEACHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TEACHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9TEACHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10CUSTODIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11TEACHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-653
IRS990EZ/OtherExpensesTotalAmt07514
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION
IRS990EZ/PrintingPublicationsPostageAmt02558
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt077656
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0107795
IRS990EZ/TotalProgramServiceExpensesAmt0100566
IRS990EZ/TotalRevenueAmt095578
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.RAINBOWSCHOOL.US
IRS990ScheduleA/SchoolInd0X
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES CELL PHONE 1,215 FIELD TRIP EXPENSE 347 TRAINING 580 SUPPLIES & EQUIPMENT 5,372 TOTAL 7,514
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAYROLL WITHHOLDINGS 0 PAYROLL WITHHOLDINGS -653
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SERVE FAMILIES OF 3, 4, AND 5 YEAR-OLD CHILDREN BY OFFERING A PART-TIME MIDWEEK CHRISTIAN BASED PRESCHOOL PROGRAM
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CATHERINE THISIUS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05072610586
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAINBOW SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0RAIN
ReturnHeader/Filer/EIN0411959264
ReturnHeader/Filer/PhoneNum05072610586
ReturnHeader/Filer/USAddress/AddressLine1Txt0624 3RD AVE SW
ReturnHeader/Filer/USAddress/CityNm0ROCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055902
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461444321
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILTROUT ACCOUNTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01435 INDUSTRIAL DR NW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0559010717
ReturnHeader/PreparerPersonGrp/PhoneNum05079514234
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TERRI WILTROUT
ReturnHeader/ReturnTs02023-11-20T15:03:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CATHERINE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0THISIUS
ReturnHeader/TaxPeriodBeginDt02022-06-01
ReturnHeader/TaxPeriodEndDt02023-05-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.74$0.74$1.22$1.13$0.10
2024Detailed filing. Detailed filing data is available for this year.$0.63$0.63$1.21$1.16$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.59$0.59$0.96$1.08$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.72$0.72$1.29$1.28$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.69$0.69$0.93$0.73$0.20
2020Detailed filing. Detailed filing data is available for this year.$0.49$0.49$1.12$1.07$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.45$0.45$1.07$1.04$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.42$0.42$1.25$1.05$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.21$1.00$1.10$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.30$1.14$1.22$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.39$1.01$0.97$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.33$1.05$1.01$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.26$1.01$0.92$0.10
2012Summary only. Only limited summary data is available for this year.$0.19$0.00$0.94$0.83$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.06$0.78$0.75$0.03