Civic Intelligence

The Rainbow Mountain Foundation

990EZ • Fiscal year 2016 • EIN 56-1872155

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 06, 2017

574 Haywood RoadAsheville, NC 28806

(828) 258-9264

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 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

1st percentile

-13183%

Higher net margin than 1% 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

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

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

Revenue Growth

79th percentile

30%

Faster revenue growth than 79% of similar nonprofits.

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

Assets

Down

$0

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

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

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

Historical Trend

Balance Sheet Trend

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

$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

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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
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

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

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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ASHEVILLE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD CHAIR
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IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt029440
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt030417
IRS990EZ/ProhibitedTaxShelterTransInd0false
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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
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0106
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0244
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04153
IRS990ScheduleA/InvestmentIncomeCYPct00.06000
IRS990ScheduleA/InvestmentIncomePYPct00.06000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94020
IRS990ScheduleA/PublicSupportPY509Pct00.94010
IRS990ScheduleA/PublicSupportTotal509Amt065274
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0106
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt065895
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt069427
IRS990ScheduleN/AssetsDistributedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
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IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0false
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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
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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
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
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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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Filings