Civic Intelligence

Rainbow Rising Inc

990 • Fiscal year 2013 • EIN 95-4185139

Jan 01, 2013 to Dec 31, 2013 • Filed on May 08, 2014

2154 Monterey Blvd Unit B90254

(310) 379-4912

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

65th percentile

9.3%

Higher net margin than 65% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

91st percentile

46%

Faster asset growth than 91% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

63rd percentile

9.8%

Faster revenue growth than 63% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Assets

Up

$1,313,823

Up $412,456 (+46%) from 2012

Net Assets

Up

$1,313,823

Up $412,456 (+46%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

Up

$3,045,471

Up $271,652 (+9.8%) from 2012

Expenses

Up

$2,762,819

Up $185,013 (+7.2%) from 2012

Net Income

Up

$282,652

Up $86,639 (+44%) from 2012

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $689,479Liabilities 2010: $0Net Assets 2010: $689,4792010Assets 2011: $712,534Liabilities 2011: $0Net Assets 2011: $712,5342011Assets 2012: $901,367Liabilities 2012: $0Net Assets 2012: $901,3672012Assets 2013: $1,313,823Liabilities 2013: $0Net Assets 2013: $1,313,8232013Assets 2014: $1,348,338Liabilities 2014: $112,423Net Assets 2014: $1,235,9152014Assets 2015: $1,656,765Liabilities 2015: $101,048Net Assets 2015: $1,555,7172015Assets 2016: $1,970,535Liabilities 2016: $50,302Net Assets 2016: $1,920,2332016Assets 2017: $2,580,653Liabilities 2017: $303,275Net Assets 2017: $2,277,3782017Assets 2018: $2,988,525Liabilities 2018: $64,168Net Assets 2018: $2,924,3572018Assets 2019: $5,081,043Liabilities 2019: $96,041Net Assets 2019: $4,985,0022019Assets 2020: $7,016,078Liabilities 2020: $303,083Net Assets 2020: $6,712,9952020Assets 2021: $11,013,400Liabilities 2021: $438,318Net Assets 2021: $10,575,0822021Assets 2022: $11,778,573Liabilities 2022: $109,044Net Assets 2022: $11,669,5292022Assets 2023: $16,465,328Liabilities 2023: $151,458Net Assets 2023: $16,313,8702023Assets 2024: $22,383,121Liabilities 2024: $304,539Net Assets 2024: $22,078,5822024

Highlighted filing

2013

Assets$1,313,823
Liabilities$0
Net Assets$1,313,823

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,068,3942010Expenses 2011: $2,290,0022011Revenue 2012: $2,773,819Expenses 2012: $2,577,806Net Income 2012: $196,0132012Revenue 2013: $3,045,471Expenses 2013: $2,762,819Net Income 2013: $282,6522013Revenue 2014: $3,669,561Expenses 2014: $3,747,375Net Income 2014: -$77,8142014Revenue 2015: $4,868,935Expenses 2015: $4,511,966Net Income 2015: $356,9692015Revenue 2016: $5,382,835Expenses 2016: $5,158,045Net Income 2016: $224,7902016Revenue 2017: $6,511,069Expenses 2017: $6,484,815Net Income 2017: $26,2542017Revenue 2018: $8,277,952Expenses 2018: $7,476,544Net Income 2018: $801,4082018Revenue 2019: $9,370,689Expenses 2019: $7,933,082Net Income 2019: $1,437,6072019Revenue 2020: $6,051,126Expenses 2020: $5,330,660Net Income 2020: $720,4662020Revenue 2021: $8,901,591Expenses 2021: $5,792,844Net Income 2021: $3,108,7472021Revenue 2022: $10,128,384Expenses 2022: $7,791,325Net Income 2022: $2,337,0592022Revenue 2023: $12,756,558Expenses 2023: $9,535,722Net Income 2023: $3,220,8362023Revenue 2024: $13,963,903Expenses 2024: $10,011,861Net Income 2024: $3,952,0422024

Highlighted filing

2013

Revenue$3,045,471
Expenses$2,762,819
Net Income$282,652
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 8, 2014
Return Version
2013v3.1
Gross Receipts
$3,045,471
Mission and Program Overview

Mission

Rainbow rising was established in 1989 for the sole purpose of meeting the needs of school age children in irvine, ca.

Rainbow rising was established in 1989 for the sole purpose of meeting the needs of the school age children in irvine, ca.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$897,013$1,313,823▲ $416,810
Investments in Publicly Traded Securities$693,792$957,383▲ $263,591
Cash and Non-Interest-Bearing Accounts$203,221$356,440▲ $153,219
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$897,013$1,313,823▲ $416,810
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$897,013$1,313,823▲ $416,810
Total Liabilities and Net Assets / Fund Balance$897,013$1,313,823▲ $416,810

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0--
Other Land Buildings$0--
Land$0--
Equipment$0--
Leasehold Improvements$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013----$0
2012----$0
2011----$0
2010----$0
2009----$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Suzanne PorterPresident
Randi MillsVice President
Loretta SkiscimMaster Teacher
Elizabeth RossMember at Large
Elizabeth SampsonMember at Large
Frederick PorterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,010,114
Investment Income
$35,357
Other Revenue
$0
Change in Net Assets
$282,652

Audited Revenue Reconciliation

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

Major Expense Lines

Line ItemAmount
Other Expenses$1,552,200
Salaries, Compensation, and Employee Benefits$1,210,619
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$1,073,801--$1,073,801
Fees for Services Management$1,220$446,798-$448,018
Fees for Services Other-$423,130-$423,130
Occupancy$274,707$54,000-$328,707
Payroll Taxes$87,978--$87,978
Other Employee Benefits$48,840--$48,840
Insurance$42,328--$42,328
Office Expenses$24,194--$24,194
All Other Expenses$18,641--$18,641
Travel-$13,018-$13,018
Other Expenses$1,712$4,342-$6,054
Advertising$5,670--$5,670
Fees for Services Accounting-$5,105-$5,105
Fees for Services Legal-$2,650-$2,650
Depreciation Depletion$1,053--$1,053
Total Functional Expenses$1,813,776$949,043$0$2,762,819

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Total Expenses per 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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Officers/directors Are ShareholdersManagement FeesNo$446,798
-Officers/directors Are ShareholdersFees for Direct SvcsNo$421,714
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Part VI, Section A

Board members, suzanne dame porter (dec'd) and frederick porter are husband and wife as well as directors and board members for rainbow rising, inc. Management duties have been delegated to rainbow river, inc., a for-profit corporation specializing in direct services and management of child care centers.

Filing and Contact Details

Filer

EIN
95-4185139
Phone
3103794912

Signing Officer

Name
Frederick Porter
Title
President
Signed
2014-05-08
Discuss with paid preparer
No

Organization Details

Principal Officer
Frederick Porter
Formed
1989
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
73

Preparer

Preparer
Cindy Szerlip
Phone
3103725767
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IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt00
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt00
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TermEndowmentBalanceEOYPct00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt00
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt00
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0false
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0RAINBOW RISING DOES NOT SOLICIT OUTSIDE CONTRIBUTIONS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E - LINE 4
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0122500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1275000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SUZANNE PORTER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1FREDERICK PORTER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2RANDI MILLS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0122500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1275000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0SUZANNE PORTER (DEC'D) AND FREDERICK PORTER ARE HUSBAND AND WIFE SHAREHOLDERS OF RAINBOW RIVER INC., A CORPORATION PROVIDING MANAGEMENT AND DIRECT SERVICES TO RAINBOW RISING FOR PERCENTAGE-OF-INCOME BASED FEES. THE PORTERS WERE PAID SALARIES FROM RAINBOW RIVER INC.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.4$0.30$22.1$14.0$10.0$3.95
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.5$0.15$16.3$12.8$9.54$3.22
2022Detailed filing. Detailed filing data is available for this year.$11.8$0.11$11.7$10.1$7.79$2.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.0$0.44$10.6$8.90$5.79$3.11
2020Detailed filing. Detailed filing data is available for this year.$7.02$0.30$6.71$6.05$5.33$0.72
2019Detailed filing. Detailed filing data is available for this year.$5.08$0.10$4.99$9.37$7.93$1.44
2018Detailed filing. Detailed filing data is available for this year.$2.99$0.06$2.92$8.28$7.48$0.80
2017Detailed filing. Detailed filing data is available for this year.$2.58$0.30$2.28$6.51$6.48$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.97$0.05$1.92$5.38$5.16$0.22
2015Detailed filing. Detailed filing data is available for this year.$1.66$0.10$1.56$4.87$4.51$0.36
2014Detailed filing. Detailed filing data is available for this year.$1.35$0.11$1.24$3.67$3.75$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$3.05$2.76$0.28
2012Summary only. Only limited summary data is available for this year.$0.90$0.00$0.90$2.77$2.58$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.00$0.71$2.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.00$0.69$2.07