Civic Intelligence

The Rainbow Mountain Foundation

EIN 56-1872155 • 501(c)3 • Asheville, NC

Profile

The primary purpose of the rainbow mountain foundation is to help support rainbow mountain children's school in their efforts to obtain fixtures, books and supplies.

574 Haywood RoadAsheville, NC 28806

www.rainbowcommunityschool.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2016

Net Margin

1st percentile

-13183%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

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

Revenue Growth

77th percentile

30%

Faster revenue growth than 77% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $30,188 (-100%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin1st percentile

Revenue

Up

$229

Up $53 (+30%) from 2015

Expenses

Up

$30,417

Up $30,250 (+18114%) from 2015

Net Income

Down

-$30,188

Down $30,197 (-335522%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2010: $49,382Net Assets 2010: $49,3822010Assets 2011: $91,626Net Assets 2011: $91,6262011Assets 2013: $28,805Net Assets 2013: $28,8052013Assets 2014: $30,179Liabilities 2014: $0Net Assets 2014: $30,1792014Assets 2015: $30,188Liabilities 2015: $02015Assets 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$0
Liabilities-
Net Assets$0
Open 2016 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100K-$200KRevenue 2010: $63,452Expenses 2010: $53,449Net Income 2010: $10,0032010Revenue 2011: $55,111Expenses 2011: $12,867Net Income 2011: $42,2442011Revenue 2013: $1,578Expenses 2013: $115,158Net Income 2013: -$113,5802013Revenue 2014: $1,736Expenses 2014: $363Net Income 2014: $1,3732014Revenue 2015: $176Expenses 2015: $167Net Income 2015: $92015Revenue 2016: $229Expenses 2016: $30,417Net Income 2016: -$30,1882016

Highlighted filing

2016

Revenue$229
Expenses$30,417
Net Income-$30,188
Open 2016 Filing

Filings

Most recent year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$229
Expenses
$30,417
Net income
-$30,188
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.30$0.30
2015Summary only. Only limited summary data is available for this year.$0.30$0.00$0.00$0.00$0.00
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.00$0.30$0.02$0.00$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.29$0.02$1.15$1.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.92$0.55$0.13$0.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.49$0.63$0.53$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 6, 2017
Return Version
2015v3.0
Gross Receipts
$229
Mission and Program Overview

Mission

To issue grants

The primary purpose of the rainbow mountain foundation is to help support rainbow mountain children's school in their efforts to obtain fixtures, books and supplies.

Program Services

DescriptionGrantsExpenses
THE PRIMARY PURPOSE OF THE RAINBOW MOUNTAIN FOUNDATION IS TO HELP SUPPORT RAINBOW MOUNTAIN CHILDREN'S SCHOOL IN THEIR EFFORTS TO OBTAIN FIXTURES, BOOKS AND SUPPLIES.-$30,417
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SARA CORLEYBoard Chair-$0--
MARGARET GERLEVEBoard Member-$0--
ZACHARY ADAMBoard Member-$0--
KEITH COSTELLOBoard Member-$0--
STEWART STOKESBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
The Rainbow Mountain Foundation
EIN
56-1872155
Phone
8282589264
Address
574 HAYWOOD ROAD, ASHEVILLE, NC 28806

Signing Officer

Name
Margaret Gerleve
Title
Board Member
Phone
8282589264
Signed
2017-02-06
Discuss with paid preparer
Yes

Preparer

Firm
Leah B Noel CPA Pc
Address
14 S PACK SQ 503, ASHEVILLE, NC 28801
Preparer
Leah B Noel
Phone
8283334529
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses funds donated to rmcs 29,440 total 29,440”

Form 990-ez, Part III

“The primary purpose of the rainbow mountain foundation is to help support rainbow mountain children's school in their efforts to obtain fixtures, books and supplies.”

Raw XML Appendix152 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/PhoneNum08282589264
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0574 HAYWOOD ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ASHEVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028806
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt030188
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-30188
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0977
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt030188
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0123
IRS990EZ/GrossReceiptsAmt0229
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0106
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt030188
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt030188
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SARA CORLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARGARET GERLEVE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ZACHARY ADAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KEITH COSTELLO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4STEWART STOKES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt029440
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY PURPOSE OF THE RAINBOW MOUNTAIN FOUNDATION IS TO HELP SUPPORT RAINBOW MOUNTAIN CHILDREN'S SCHOOL IN THEIR EFFORTS TO OBTAIN FIXTURES, BOOKS AND SUPPLIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PRIMARY PURPOSE OF THE RAINBOW MOUNTAIN FOUNDATION IS TO HELP SUPPORT RAINBOW MOUNTAIN CHILDREN'S SCHOOL IN THEIR EFFORTS TO OBTAIN FIXTURES, BOOKS AND SUPPLIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt030417
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt0123
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt030417
IRS990EZ/TotalProgramServiceExpensesAmt030417
IRS990EZ/TotalRevenueAmt0229
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.RAINBOWCOMMUNITYSCHOOL.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt065030
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt065030
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0176
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01534
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01578
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0865
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04153
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0106
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0138
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0244
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0176
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01534
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01578
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0865
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04153
IRS990ScheduleA/InvestmentIncomeCYPct00.06000
IRS990ScheduleA/InvestmentIncomePYPct00.06000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94020
IRS990ScheduleA/PublicSupportPY509Pct00.94010
IRS990ScheduleA/PublicSupportTotal509Amt065274
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0106
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0138
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt065030
IRS990ScheduleA/Total509Grp/TotalAmt065274
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0106
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0314
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01534
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01578
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt065895
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt069427
IRS990ScheduleN/AssetsDistributedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES FUNDS DONATED TO RMCS 29,440 TOTAL 29,440
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRIMARY PURPOSE OF THE RAINBOW MOUNTAIN FOUNDATION IS TO HELP SUPPORT RAINBOW MOUNTAIN CHILDREN'S SCHOOL IN THEIR EFFORTS TO OBTAIN FIXTURES, BOOKS AND SUPPLIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARGARET GERLEVE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum08282589264
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE RAINBOW MOUNTAIN FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0RAIN
ReturnHeader/Filer/EIN0561872155
ReturnHeader/Filer/PhoneNum08282589264
ReturnHeader/Filer/USAddress/AddressLine1Txt0574 HAYWOOD ROAD
ReturnHeader/Filer/USAddress/CityNm0ASHEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028806
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271780315
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEAH B NOEL CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014 S PACK SQ 503
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ASHEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028801
ReturnHeader/PreparerPersonGrp/PhoneNum08283334529
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEAH B NOEL
ReturnHeader/ReturnTs02017-02-07T14:15:42-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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