Civic Intelligence

Placet Development Corporation

990 • Fiscal year 2021 • EIN 75-2817205

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

18001 N 79th Ave Suite 72EGlendale, AZ 85308

(602) 903-1843

Siviq Scores

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

Liabilities / Assets

40th percentile

0.01x

Higher debt load relative to assets than 40% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

32nd percentile

0.00x

Higher debt load relative to revenue than 32% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

80th percentile

39%

Higher net margin than 80% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

87th percentile

69%

Faster asset growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

93rd percentile

186%

Faster revenue growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$106,070

Up $43,296 (+69%) from 2020

Net Assets

Up

$105,332

Up $199,041 (+212%) from 2020

Liabilities

Down

$738

Down $155,745 (-100%) from 2020

Revenue

Up

$515,000

Up $335,000 (+186%) from 2020

Expenses

Up

$315,959

Up $90,231 (+40%) from 2020

Net Income

Up

$199,041

Up $244,769 (+535%) from 2020

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20M-$40MAssets 2010: $26,060,106Liabilities 2010: $41,095,775Net Assets 2010: -$15,035,6692010Assets 2011: $25,268,678Liabilities 2011: $43,607,765Net Assets 2011: -$18,339,0872011Assets 2012: $24,388,964Liabilities 2012: $44,759,258Net Assets 2012: -$20,370,2942012Assets 2013: $23,634,468Liabilities 2013: $45,527,603Net Assets 2013: -$21,893,1352013Assets 2014: $23,009,432Liabilities 2014: $47,795,747Net Assets 2014: -$24,786,3152014Assets 2015: $12,253,109Liabilities 2015: $25,654,773Net Assets 2015: -$13,401,6642015Assets 2016: $8,025Liabilities 2016: $0Net Assets 2016: $8,0252016Assets 2017: $752Liabilities 2017: $0Net Assets 2017: $7522017Assets 2018: $3,612Liabilities 2018: $33,146Net Assets 2018: -$29,5342018Assets 2019: $2,696Liabilities 2019: $50,677Net Assets 2019: -$47,9812019Assets 2020: $62,774Liabilities 2020: $156,483Net Assets 2020: -$93,7092020Assets 2021: $106,070Liabilities 2021: $738Net Assets 2021: $105,3322021Assets 2022: $95,764Liabilities 2022: $1,118Net Assets 2022: $94,6462022Assets 2023: -$3,314,619Liabilities 2023: $8,105Net Assets 2023: -$3,322,7242023Assets 2024: -$6,658,913Liabilities 2024: $15,716Net Assets 2024: -$6,674,6292024

Highlighted filing

2021

Assets$106,070
Liabilities$738
Net Assets$105,332

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,453,3762010Expenses 2011: $7,978,4592011Expenses 2012: $6,654,0752012Revenue 2013: $4,640,202Expenses 2013: $6,163,043Net Income 2013: -$1,522,8412013Revenue 2014: $4,974,869Expenses 2014: $6,386,903Net Income 2014: -$1,412,0342014Revenue 2015: $18,264,662Expenses 2015: $6,880,011Net Income 2015: $11,384,6512015Revenue 2016: $12,144,728Expenses 2016: $2,836,398Net Income 2016: $9,308,3302016Revenue 2017: $9,864Expenses 2017: $17,137Net Income 2017: -$7,2732017Revenue 2018: $1,016Expenses 2018: $31,302Net Income 2018: -$30,2862018Revenue 2019: $558Expenses 2019: $19,005Net Income 2019: -$18,4472019Revenue 2020: $180,000Expenses 2020: $225,728Net Income 2020: -$45,7282020Revenue 2021: $515,000Expenses 2021: $315,959Net Income 2021: $199,0412021Revenue 2022: $229,588Expenses 2022: $240,274Net Income 2022: -$10,6862022Revenue 2023: $375,125Expenses 2023: $370,245Net Income 2023: $4,8802023Revenue 2024: $481,290Expenses 2024: $415,638Net Income 2024: $65,6522024

Highlighted filing

2021

Revenue$515,000
Expenses$315,959
Net Income$199,041
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$515,000
Mission and Program Overview

Mission

Providing housing that is affordable to low-income and moderate-income people in and around dallas, texas.

To preserve quality, affordable housing in the state of texas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$55,425$83,096▲ $27,671
Accounts Receivable$0$20,000▲ $20,000
Prepaid Expenses and Deferred Charges$2,749$2,974▲ $225
Total Assets$62,774$106,070▲ $43,296
Other Assets Total$4,600$0▼ $4,600
Liabilities
Accounts Payable and Accrued Expenses$0$395▲ $395
Other Liabilities$156,483$343▼ $156,140
Total Liabilities$156,483$738▼ $155,745
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-93,709$105,332▲ $199,041
Total Net Assets Fund Balance$-93,709$105,332▲ $199,041
Total Liabilities and Net Assets / Fund Balance$62,774$106,070▲ $43,296
Compensation and Service Providers

Board Members and Trustees

NameTitle
Flynann JanissePresident/chairman of the
Agnes Scott TaylorResident Director
Beulah ReeceResident Director
Derrick N FletcherResident Director
Gary SilversmithSecretary & Treasurer & Di
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$515,000
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$199,041

Audited Revenue Reconciliation

Revenue per Audited Statements
$515,000
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$515,000
Total Revenue per Form 990
$515,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$290,855
Salaries, Compensation, and Employee Benefits$25,104
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$275,600$556-$276,156
Other Salaries and Wages$24,618--$24,618
Fees for Services Accounting-$9,066-$9,066
Insurance-$4,236-$4,236
Fees for Services Legal$858--$858
Office Expenses-$539-$539
Payroll Taxes$486--$486
Total Functional Expenses$301,562$14,397$0$315,959

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$315,959
Total Expenses per Audited Statements$315,959
Total Expenses per Form 990$315,959
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Rainbow$250
Federal Taxes$81
TX Unemployment Tax$12
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
No
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, Part VI, Section B, Line 11B

Rainbow housing texas, inc's president and selected board members will review and approve the form 990. The president will sign it.

Form 990, Part VI, Section B, Line 12C

Rainbow housing texas, inc.'s president and select board members consistently monitor and enforce compliance with the conflict of interest policy.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Rainbow Housing Texas Inc
EIN
75-2817205
Phone
6029031843
Address
18001 N 79TH AVE SUITE 72E, GLENDALE, AZ 85308

Signing Officer

Name
Flynann Janisse
Title
President/chairman of the Board
Phone
6029031843
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Flynann Janisse
Formed
1999
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
0

Preparer

Firm
Tidwell Group LLC
Address
3595 GRANDVIEW PARKWAY STE 500, BIRMINGHAM, AL 35243
Preparer
Ryder Mathias
Phone
2058221010
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

The organization changed its accounting method to the accrual method in 2021 to agree with the audited financial statements.

FORM 990, PART XII, LINE 2C:

No change in processes from the prior year.

Financial Statement Notes

Schedule D, Part X, Line 1

The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. Income tax returns filed by the organization are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2018 remain open.

Raw XML AppendixShowing 400 of 492 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0395
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt020000
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PRESERVE QUALITY, AFFORDABLE HOUSING IN THE STATE OF TEXAS.
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FLYNANN JANISSE
IRS990/BooksInCareOfDetail/PhoneNum06029031843
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt018001 N 79TH AVE SUITE 72E
IRS990/BooksInCareOfDetail/USAddress/CityNm0GLENDALE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd085308
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt055425
IRS990/CashNonInterestBearingGrp/EOYAmt083096
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0290855
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0515000
IRS990/CYRevenuesLessExpensesAmt0199041
IRS990/CYSalariesCompEmpBnftPaidAmt025104
IRS990/CYTotalExpensesAmt0315959
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0515000
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO PROVIDE CHARITABLE RELIEF TO THE POOR, ELDERLY, AND HANDICAPPED THROUGH ADEQUATE HOUSING AND THE IMPROVEMENT OF THEIR GENERAL STANDARD OF LIVING AND QUALITY OF LIFE. TO INITIATE OR PARTICIPATE IN THE REHABILITATION OR CONSTRUCTION OF HOUSING IN DETERIORATED NEIGHBORHOODS, THE RESTORATION OF HISTORICALLY SIGNIFICANT DOWNTOWN AREAS AND OTHER CIVIC IMPROVEMENTS IN THE STATE OF TEXAS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0301562
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09066
IRS990/FeesForServicesAccountingGrp/TotalAmt09066
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0858
IRS990/FeesForServicesLegalGrp/TotalAmt0858
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0556
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0275600
IRS990/FeesForServicesManagementGrp/TotalAmt0276156
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0GARY SILVERSMITH
IRS990/Form990PartVIISectionAGrp/PersonNm1FLYNANN JANISSE
IRS990/Form990PartVIISectionAGrp/PersonNm2DERRICK N FLETCHER
IRS990/Form990PartVIISectionAGrp/PersonNm3BEULAH REECE
IRS990/Form990PartVIISectionAGrp/PersonNm4AGNES SCOTT TAYLOR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY & TREASURER & DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT/CHAIRMAN OF THE
IRS990/Form990PartVIISectionAGrp/TitleTxt2RESIDENT DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3RESIDENT DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4RESIDENT DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0515000
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04236
IRS990/InsuranceGrp/TotalAmt04236
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PRESERVE QUALITY, AFFORDABLE HOUSING IN THE STATE OF TEXAS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-93709
IRS990/NetAssetsOrFundBalancesEOYAmt0105332
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-93709
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0105332
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0539
IRS990/OfficeExpensesGrp/TotalAmt0539
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04600
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt0156483
IRS990/OtherLiabilitiesGrp/EOYAmt0343
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt024618
IRS990/OtherSalariesAndWagesGrp/TotalAmt024618
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0486
IRS990/PayrollTaxesGrp/TotalAmt0486
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02749
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02974
IRS990/PrincipalOfficerNm0FLYNANN JANISSE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/Desc0FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0515000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0515000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0192146
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0180000
IRS990/PYRevenuesLessExpensesAmt0-45728
IRS990/PYSalariesCompEmpBnftPaidAmt033582
IRS990/PYTotalExpensesAmt0225728
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0180000
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0199041
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0515000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0515000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0180000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0558
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01016
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt09864
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0706438
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0706438
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0515000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0180000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0558
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01016
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt09864
IRS990ScheduleA/Total509Grp/TotalAmt0706438
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0515000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0180000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0558
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01016
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt09864
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0706438
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0315959
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt181
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt212
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RAINBOW
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FEDERAL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TX UNEMPLOYMENT TAX
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0515000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. INCOME TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2018 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART X, LINE 1
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0315959
IRS990ScheduleD/TotalLiabilityAmt0343
IRS990ScheduleD/TotalRevenuePerForm990Amt0515000
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0515000
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0315959
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RAINBOW HOUSING TEXAS, INC'S PRESIDENT AND SELECTED BOARD MEMBERS WILL REVIEW AND APPROVE THE FORM 990. THE PRESIDENT WILL SIGN IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RAINBOW HOUSING TEXAS, INC.'S PRESIDENT AND SELECT BOARD MEMBERS CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION CHANGED ITS ACCOUNTING METHOD TO THE ACCRUAL METHOD IN 2021 TO AGREE WITH THE AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGE IN PROCESSES FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0RAINBOW HOUSING TEXAS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1RAINBOW HOUSING TEXAS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2RAINBOW HOUSING TEXAS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt3RAINBOW HOUSING TEXAS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt4RAINBOW HOUSING TEXAS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt5RAINBOW HOUSING TEXAS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt6RAINBOW HOUSING TEXAS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt7RAINBOW HOUSING TEXAS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt8RAINBOW HOUSING TEXAS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt9RAINBOW HOUSING TEXAS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0RHTI-BELLA LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1RHTI-PINEVIEW LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2RHTI-RIDGEWOOD LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt3RHTI-AURORA LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt4RHTI-GARDEN FW LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt5RHTI-GARDEN PL LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt6RHTI-RIO GRANDE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt7RHTI-SUNSET LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt8RAINBOW-HOLLY LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt9RAINBOW-PINES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0853513505
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1852547003
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN2852474516
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN3874107664
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN4873470504
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN5873475992
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN6872996096
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN7874107664
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN8850670638
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN9850679911
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt02835399
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt12761114
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt23146055
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt30
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt40
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt50
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt659890
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt70
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt82505405
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt91104897
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd3TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd4TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd5TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd6TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd7TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd8TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd9TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt2REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt3REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt4REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt5REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt6REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt7REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt8REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt9REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0-3
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt111
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt222
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt30
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt40
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt50
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt6-1
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt70
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt838
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt95
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt018001 N 79TH AVE STE 72E
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt118001 N 79TH AVE STE 72E
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt218001 N 79TH AVE STE 72E
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt318001 N 79TH AVE STE 72E
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt418001 N 79TH AVE STE 72E
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt518001 N 79TH AVE STE 72E
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt618001 N 79TH AVE STE 72E
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt718001 N 79TH AVE STE 72E
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt818001 N 79TH AVE STE 72E
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt918001 N 79TH AVE STE 72E
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0GLENDALE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1GLENDALE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm2GLENDALE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm3GLENDALE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm4GLENDALE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm5GLENDALE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm6GLENDALE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm7GLENDALE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm8GLENDALE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm9GLENDALE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd2AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd3AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd4AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd5AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd6AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd7AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd8AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd9AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd085308
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd185308
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd285308
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd385308
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd485308
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd585308
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd685308
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd785308
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd885308
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd985308
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0RAINBOW HOUSING ASSISTANCE CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0300108119
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (C) (3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0REAL ESTATE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt018001 N 79TH AVE STE 72E
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GLENDALE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd085308
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.66$0.02$6.67$0.48$0.42$0.07
2023Detailed filing. Detailed filing data is available for this year.$3.31$0.01$3.32$0.38$0.37$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.09$0.23$0.24$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.52$0.32$0.20
2020Detailed filing. Detailed filing data is available for this year.$0.06$0.16$0.09$0.18$0.23$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.05$0.05$0.00$0.02$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.03$0.03$0.00$0.03$0.03
2017Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.01$0.02$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$12.1$2.84$9.31
2015Detailed filing. Detailed filing data is available for this year.$12.3$25.7$13.4$18.3$6.88$11.4
2014Detailed filing. Detailed filing data is available for this year.$23.0$47.8$24.8$4.97$6.39$1.41
2013Detailed filing. Detailed filing data is available for this year.$23.6$45.5$21.9$4.64$6.16$1.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.4$44.8$20.4$6.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.3$43.6$18.3$7.98
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.1$41.1$15.0$4.45