Civic Intelligence

Sunshine and Rainbows Early Learning Center

EIN 61-1717600 • 501(c)3 • Allen, TX

Pub. 78 Eligible

Profile

The mission of sunshine and rainbows early learning center is to provide a christ-centered, safe, and creative environment that nurtures each child and encourages compassion for others. We support a play-based love of learning while fostering the intellectual, spiritual, social, emotional, and physical growth and development of young children. We promote the growth in each child's god given talents, and abilities, and believe that education is a partnership between parents and teachers.

1515 N Greenville AvenueAllen, TX 75002

sunshineandrainbowselc.org

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.01x

Higher debt load relative to assets than 42% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

44th percentile

0.01x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

9th percentile

-39%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

12th percentile

-20%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

35th percentile

-1.1%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Down

$522,370

Down $130,428 (-20%) from 2024

Liabilities

Up

$2,828

Up $534 (+23%) from 2024

Net Assets

Down

$519,542

Down $130,962 (-20%) from 2024

Revenue

Down

$336,330

Down $3,902 (-1.1%) from 2024

Expenses

Up

$467,292

Up $55,107 (+13%) from 2024

Net Income

Down

-$130,962

Down $59,009 (-82%) from 2024

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2014: $176,393Liabilities 2014: $228Net Assets 2014: $176,1642014Assets 2015: $188,729Liabilities 2015: $228Net Assets 2015: $188,5012015Assets 2016: $191,265Liabilities 2016: $228Net Assets 2016: $191,0362016Assets 2017: $205,077Liabilities 2017: $0Net Assets 2017: $205,0772017Assets 2018: $200,569Liabilities 2018: $0Net Assets 2018: $200,5692018Assets 2019: $191,847Liabilities 2019: $0Net Assets 2019: $191,8472019Assets 2020: $220,457Liabilities 2020: $75,100Net Assets 2020: $145,3572020Assets 2021: $244,331Liabilities 2021: $248Net Assets 2021: $244,0832021Assets 2022: $475,723Liabilities 2022: $2,220Net Assets 2022: $473,5032022Assets 2023: $724,991Liabilities 2023: $2,534Net Assets 2023: $722,4572023Assets 2024: $652,798Liabilities 2024: $2,294Net Assets 2024: $650,5042024Assets 2025: $522,370Liabilities 2025: $2,828Net Assets 2025: $519,5422025

Highlighted filing

2025

Assets$522,370
Liabilities$2,828
Net Assets$519,542

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $447,337Expenses 2014: $445,241Net Income 2014: $2,0962014Revenue 2015: $432,406Expenses 2015: $420,895Net Income 2015: $11,5112015Revenue 2016: $424,668Expenses 2016: $422,132Net Income 2016: $2,5362016Revenue 2017: $477,534Expenses 2017: $463,493Net Income 2017: $14,0412017Revenue 2018: $480,878Expenses 2018: $485,386Net Income 2018: -$4,5082018Revenue 2019: $423,674Expenses 2019: $432,396Net Income 2019: -$8,7222019Revenue 2020: $404,967Expenses 2020: $451,097Net Income 2020: -$46,1302020Revenue 2021: $396,890Expenses 2021: $298,165Net Income 2021: $98,7252021Revenue 2022: $576,005Expenses 2022: $346,585Net Income 2022: $229,4202022Revenue 2023: $656,726Expenses 2023: $407,772Net Income 2023: $248,9542023Revenue 2024: $340,232Expenses 2024: $412,185Net Income 2024: -$71,9532024Revenue 2025: $336,330Expenses 2025: $467,292Net Income 2025: -$130,9622025

Highlighted filing

2025

Revenue$336,330
Expenses$467,292
Net Income-$130,962

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 27, 2025
Return Version
2024v5.0
Gross Receipts
$337,230
Mission and Program Overview

Mission

The mission of sunshine and rainbows early learning center is to provide a christ-centered, safe, and creative environment that nurtures each child and encourages compassion for others. We support a play-based love of learning while fostering the intellectual, spiritual, social, emotional, and physical growth and development of young children. We promote the growth in each child's god given talents, and abilities, and believe that education is a partnership between parents and teachers.

Sunshine and rainbows early learning center provides age-appropriate educational opportunities for children who are two, three, four, and five years of age.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$650,504$519,542▼ $130,962
Cash and Non-Interest-Bearing Accounts$442,334$311,290▼ $131,044
Savings and Temporary Cash Investments$149,953$154,314▲ $4,361
Land, Buildings, and Equipment, Net$60,511$56,766▼ $3,745
Total Assets$652,798$522,370▼ $130,428
Liabilities
Deferred Revenue$2,294$2,828▲ $534
Total Liabilities$2,294$2,828▲ $534
Net Assets / Fund Balance
Total Net Assets Fund Balance$650,504$519,542▼ $130,962
Total Liabilities and Net Assets / Fund Balance$652,798$522,370▼ $130,428

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$56,766$24,938$81,704
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Maret AebiDirectorPT$35,770$35,770
Janessa WilkinsAssistant DiPT$30,647$30,647

Board Members and Trustees

NameTitle
Beth HallChairperson
Debbie BergenthalTrustee
Joe ValentTrustee
Kim CrossSecretary
Kristen ConeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$24,229
Program Service Revenue
$307,378
Investment Income
$4,361
Other Revenue
$362
All Other Contributions
$24,229
Change in Net Assets
$-130,962
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$413,608
Other Expenses$52,684
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$315,998--$315,998
Current Officers, Directors, Trustees, and Key Employees$66,417--$66,417
Payroll Taxes$31,193--$31,193
Occupancy$13,000--$13,000
Insurance$7,372--$7,372
Conferences and Meetings$4,542--$4,542
Fees for Services Management$4,383--$4,383
Depreciation Depletion$3,744--$3,744
All Other Expenses$1,491--$1,491
Advertising$1,419--$1,419
Grants to Domestic Individuals$1,000--$1,000
Fees for Services Accounting$900--$900
Other Expenses$759--$759
Total Functional Expenses$467,292$0$0$467,292
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,262
Fundraising Direct Expenses$900
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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, Page 6, Part VI, Line 11B

The form 990 will be completed by heritage cpas, and reviewed by the program's accountant and co-directors. The form will be available for viewing by the public and the governing board. A printed copy will be kept in the co-director's office.

Form 990, Page 6, Part VI, Line 12C

The bylaws of the program contains a specific clause dealing with conflict of interest. It is article 8 located on p. 14 of the sunshine and rainbows elc bylaws. The policy allows for presentation to the board at any of their scheduled meetings.

Form 990, Page 6, Part VI, Line 15A

The governing board evaluates the co-directors of the program, approves the renewal of their contracts, and makes recommendations for salary increases. All documents are kept in the co-directors' personnel files in the office.

Form 990, Page 6, Part VI, Line 19

The texas state licensing inspection, the city of allen health inspection, the licensing permit, and the director authorization certificate are posted outside the main office of the preschool. The operating policies and all the handbooks are in the cabinets located in the main preschool office. The parent handbook, including the operational policies, is available on the preschool website at www.sunshineandrainbowselc.org.

Form 990, Part VIII

Line 2b: includes tuition less reimbursements, credits, employee discounts, and the angel fund. The angel fund account gives assistance to families who express a financial need for a reduction in the monthly tuition fees.

Filing and Contact Details

Filer

Filer Name
Sunshine and Rainbows Early
EIN
61-1717600
Phone
2146442080
Address
1515 N GREENVILLE AVENUE, ALLEN, TX 75002

Signing Officer

Name
Maret Aebi
Title
Director
Phone
2146442080
Signed
2025-10-27

Organization Details

Principal Officer
Maret Aebi
Formed
2013
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
39
Volunteers
15

Preparer

Firm
Heritage Cpas Pllc
Address
5749 NW 132ND ST, OKLAHOMA CITY, OK 73142
Preparer
Rick L Garrett
Phone
4058038088
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of sunshine and rainbows early learning center is to provide a christ-centered, safe, and creative environment that nurtures each child and encourages compassion for others. We support a play-based love of learning while fostering the intellectual, spiritual, social, emotional, and physical growth and development of young children. We promote the growth in each child's god given talents, and abilities, and believe that education is a partnership between parents and teachers.

Form 990, Page 2, Part III, Line 4A

Sunshine and rainbows early learning center, formerly known as rainbow days that was established in 1985, became its own entity in july 2013. The program serves children 2, 3, 4, and 5 years of age, and provides an enriching spiritual, intellectual, social, physical environment that benefits the preschool children, their families, and the surrounding community. We provide a curriculum that aligns with the developmentally appropriate practices developed by the national association for the education of young children. The learning is center based with teacher guidance, thereby encouraging self-discipline, curiosity, creativity, and knowledge mastery of preschool skills. The goals for our preschool are for the children to leave us with a love and curiosity for learning, confidence in their skills, as well as the ability to socialize and form lasting friendships.

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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE NON-DISCRIMINATORY STATEMENT IS LOCATED ON ALL THE PRESCHOOL DOCUMENTS INCLUDING THE PARENT HANDBOOK, THE OPERATIONAL HANDBOOK, AND ALL BROCHURES ADVERTISING THE PROGRAM. IT IS LOCATED ON THE FRONT WEB PAGE FOR THE PRESCHOOL AT WWW.SUNSHINEANDRAINBOWSELC.ORG. THE STATEMENT IS IN THE MONTHLY NEWSLETTER OF THE PRESCHOOL AND IS PLACED IN THE ST. JUDE PARISH BULLETIN EVERY WEEK. THIS REACHES MORE THAN 5,000 FAMILIES IN THE ALLEN, MCKINNEY, AND FRISCO AREA WEEKLY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF SUNSHINE AND RAINBOWS EARLY LEARNING CENTER IS TO PROVIDE A CHRIST-CENTERED, SAFE, AND CREATIVE ENVIRONMENT THAT NURTURES EACH CHILD AND ENCOURAGES COMPASSION FOR OTHERS. WE SUPPORT A PLAY-BASED LOVE OF LEARNING WHILE FOSTERING THE INTELLECTUAL, SPIRITUAL, SOCIAL, EMOTIONAL, AND PHYSICAL GROWTH AND DEVELOPMENT OF YOUNG CHILDREN. WE PROMOTE THE GROWTH IN EACH CHILD'S GOD GIVEN TALENTS, AND ABILITIES, AND BELIEVE THAT EDUCATION IS A PARTNERSHIP BETWEEN PARENTS AND TEACHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WILL BE COMPLETED BY HERITAGE CPAS, AND REVIEWED BY THE PROGRAM'S ACCOUNTANT AND CO-DIRECTORS. THE FORM WILL BE AVAILABLE FOR VIEWING BY THE PUBLIC AND THE GOVERNING BOARD. A PRINTED COPY WILL BE KEPT IN THE CO-DIRECTOR'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BYLAWS OF THE PROGRAM CONTAINS A SPECIFIC CLAUSE DEALING WITH CONFLICT OF INTEREST. IT IS ARTICLE 8 LOCATED ON P. 14 OF THE SUNSHINE AND RAINBOWS ELC BYLAWS. THE POLICY ALLOWS FOR PRESENTATION TO THE BOARD AT ANY OF THEIR SCHEDULED MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING BOARD EVALUATES THE CO-DIRECTORS OF THE PROGRAM, APPROVES THE RENEWAL OF THEIR CONTRACTS, AND MAKES RECOMMENDATIONS FOR SALARY INCREASES. ALL DOCUMENTS ARE KEPT IN THE CO-DIRECTORS' PERSONNEL FILES IN THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE TEXAS STATE LICENSING INSPECTION, THE CITY OF ALLEN HEALTH INSPECTION, THE LICENSING PERMIT, AND THE DIRECTOR AUTHORIZATION CERTIFICATE ARE POSTED OUTSIDE THE MAIN OFFICE OF THE PRESCHOOL. THE OPERATING POLICIES AND ALL THE HANDBOOKS ARE IN THE CABINETS LOCATED IN THE MAIN PRESCHOOL OFFICE. THE PARENT HANDBOOK, INCLUDING THE OPERATIONAL POLICIES, IS AVAILABLE ON THE PRESCHOOL WEBSITE AT WWW.SUNSHINEANDRAINBOWSELC.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LINE 2B: INCLUDES TUITION LESS REIMBURSEMENTS, CREDITS, EMPLOYEE DISCOUNTS, AND THE ANGEL FUND. THE ANGEL FUND ACCOUNT GIVES ASSISTANCE TO FAMILIES WHO EXPRESS A FINANCIAL NEED FOR A REDUCTION IN THE MONTHLY TUITION FEES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VIII
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARET AEBI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02146442080
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-27
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OKLAHOMA CITY
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICK L GARRETT
ReturnHeader/ReturnTs02025-10-27T09:29:54-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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