Civic Intelligence

Rainbow Rising Inc

990 • Fiscal year 2021 • EIN 95-4185139

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 08, 2022

Organization ProfileRAINBOWRISING.ORG

View Organization Page

2154 Monterey Blvd BHermosa Beach, CA 90254

(310) 379-4912

Siviq Scores

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

Liabilities / Assets

27th percentile

0.04x

Higher debt load relative to assets than 27% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

20th percentile

0.05x

Higher debt load relative to revenue than 20% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

78th percentile

35%

Higher net margin than 78% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

46th percentile

$160,265

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

92nd percentile

57%

Faster asset growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

78th percentile

47%

Faster revenue growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$11,013,400

Up $3,997,322 (+57%) from 2020

Net Assets

Up

$10,575,082

Up $3,862,087 (+58%) from 2020

Liabilities

Up

$438,318

Up $135,235 (+45%) from 2020

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin78th percentile

Revenue

Up

$8,901,591

Up $2,850,465 (+47%) from 2020

Expenses

Up

$5,792,844

Up $462,184 (+8.7%) from 2020

Net Income

Up

$3,108,747

Up $2,388,281 (+331%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

2021

Assets$11,013,400
Liabilities$438,318
Net Assets$10,575,082
Open 2021 Filing

Operations Trend

Revenue Growth78th percentile

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

2021

Revenue$8,901,591
Expenses$5,792,844
Net Income$3,108,747
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 8, 2022
Return Version
2021v4.2
Gross Receipts
$8,901,591
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 school age children in irvine. Ca.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,915,041$5,007,682▲ $2,092,641
Investments in Publicly Traded Securities$3,970,076$4,756,263▲ $786,187
Savings and Temporary Cash Investments$63,240$64,446▲ $1,206
Land, Buildings, and Equipment, Net$67,721$47,409▼ $20,312
Total Assets$7,016,078$11,013,400▲ $3,997,322
Other Assets Total$0$1,137,600▲ $1,137,600
Liabilities
Other Liabilities$287,668$404,106▲ $116,438
Accounts Payable and Accrued Expenses$15,415$34,212▲ $18,797
Total Liabilities$303,083$438,318▲ $135,235
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,712,995$10,575,082▲ $3,862,087
Total Net Assets Fund Balance$6,712,995$10,575,082▲ $3,862,087
Total Liabilities and Net Assets / Fund Balance$7,016,078$11,013,400▲ $3,997,322

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$38,226$71,506$109,732
Equipment$9,183$55,559$64,742
Other Assets Org$1,137,600--
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lindsay CullenEmployeeFT$160,265$160,265
Tejal PatelEmployeeFT$160,265$160,265

Board Members and Trustees

NameTitle
Frederick PorterChairman of the Board
Dean PorterBoard Member
PEGGY O'SULLIVANBoard Member
Aubrey LizabethSecretary
Randi MillsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Rainbow RiverManagement Fees2154 MONTEREY BLVD, Hermosa Beach, CA 90254$1,009,106
Revenue and Support

Revenue Composition

Contributions and Grants
$2,040,995
Program Service Revenue
$6,727,368
Investment Income
$32,993
Other Revenue
$100,235
Change in Net Assets
$3,108,747

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,901,591
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$753,340
Total Revenue per Audited Statements
$9,654,931
Total Revenue per Form 990
$8,901,591
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,361,231
Other Expenses$2,431,613
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,591,705$41,650-$2,633,355
Occupancy$577,048$152,166-$729,214
Fees for Services Management$428,870$75,683-$504,553
Current Officers, Directors, Trustees, and Key Employees$320,530--$320,530
Payroll Taxes$218,912$3,130-$222,042
Other Employee Benefits$181,219$4,085-$185,304
All Other Expenses$111,307$16,434-$127,741
Office Expenses$74,560$14,627-$89,187
Other Expenses$101,799$80,300-$80,300
Fees for Services Accounting$2,038$53,206-$55,244
Fees for Services Other$1,683$43,918-$45,601
Insurance$25,130--$25,130
Depreciation Depletion$20,313--$20,313
Travel$5,161--$5,161
Total Functional Expenses$5,231,962$560,882$0$5,792,844

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,792,844
Total Expenses per Audited Statements$5,792,844
Total Expenses per Form 990$5,792,844
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-ORGANIZATION'S BOARD CHAIR IS THE 100% SHAREHOLDER OF RAINBOW RIVER INC.Management FeesNo$504,553
-ORGANIZATION'S BOARD CHAIR IS THE 100% SHAREHOLDER OF RAINBOW RIVER INC.Fees for Direct ServicesNo$504,533
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$404,106
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Frederick porter and dean porter , officer and board member of rainbow rising inc. Are brothers. Dean porter and peggy o'sullivan are husband and wife, both board members of the organization.”

Form 990, Part VI, Section A, Line 3

“Management duties have been delegated to rainbow river inc., a for-profit corporation specializing in direct services and management of child care centers.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the board and a copy of the from 990 is given to all members before filing.”

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

“The conflict of interest policy is monitored annually by the organization through questionnaires that are administered to all board members. Any conflicts that may exist are required to be disclosed to the organization. The ceo, board chair and board secretary are responsible for monitoring the compliance of the policy.”

Form 990, Part VI, Section B, Line 15

“The salary of all staff is reviewed by the entire governing body as part of the budget review and approval process. The compensation for management is determined through a comparison of salaries based on the center for nonprofit management's compensation survey.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy and financial statements are available upon request. Financial statements are also available on the organization's website.”

Filing and Contact Details

Filer

Filer Name
Rainbow Rising Inc
EIN
95-4185139
Phone
3103794912
Address
2154 MONTEREY BLVD B, HERMOSA BEACH, CA 90254

Signing Officer

Name
Frederick Porter
Title
Chairman of the Board
Phone
3103794912
Signed
2022-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frederick Porter
Formed
1989
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
156
Volunteers
0

Preparer

Firm
Lawrence R Mitchell & Company Cpas
Address
880 APOLLO STREET SUITE 140, EL SEGUNDO, CA 90245
Preparer
Lawrence Mitchell CPA
Phone
3105631010
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1

“Effective january 1, 2014, the organization changed its method of accounting for information return reporting from the cash basis to the accrual basis of accounting, to be consistent with the reporting of the organization's annual financial statment audits.”

Form 990, Part XII, Line 2C

“No changes were made to the oversight process or selection process during the tax year, as compared to the prior year tax year.”

Raw XML AppendixShowing 400 of 509 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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IRS990/Desc0WE PROVIDE A DEVELOPMENTALLY BASED PRESCHOOL AND AFTERSCHOOL PROGRAM WITH HOMEWORK AND ENRICHMENT TIME, RECREATIONAL PLAY, ARTS, SCIENCE AND MATH. WE PROVIDE OPPORTUNITIES FOR SOCIALIZATION, FRIENDSHIPS AND FREE CHOICE PLAY, AS WE BELIEVE THESE ARE ESSENTIAL BUILDING BLOCKS FOR THE WHOLE CHILD'S GROWTH AND DEVELOPMENT. WE PROVIDE THESE SERVICES REGARDLESS OF THE CHILD'S FINANCIAL NEEDS.
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IRS990/OtherExpensesGrp/Desc0DIRECT SERVICE FEES
IRS990/OtherExpensesGrp/Desc1PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc2SNACKS FOR STUDENTS
IRS990/OtherExpensesGrp/Desc3BANK FEES AND CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt075683
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt180300
IRS990/OtherExpensesGrp/ProgramServicesAmt0428870
IRS990/OtherExpensesGrp/ProgramServicesAmt1142817
IRS990/OtherExpensesGrp/ProgramServicesAmt2101799
IRS990/OtherExpensesGrp/TotalAmt0504553
IRS990/OtherExpensesGrp/TotalAmt1142817
IRS990/OtherExpensesGrp/TotalAmt2101799
IRS990/OtherExpensesGrp/TotalAmt380300
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0287668
IRS990/OtherLiabilitiesGrp/EOYAmt0404106
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0100235
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0100235
IRS990/OtherRevenueTotalAmt0100235
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt041650
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02591705
IRS990/OtherSalariesAndWagesGrp/TotalAmt02633355
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03130
IRS990/PayrollTaxesGrp/ProgramServicesAmt0218912
IRS990/PayrollTaxesGrp/TotalAmt0222042
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0FREDERICK PORTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06727368
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06727368
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01177746
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt037325
IRS990/PYOtherExpensesAmt01754031
IRS990/PYOtherRevenueAmt013735
IRS990/PYProgramServiceRevenueAmt04822320
IRS990/PYRevenuesLessExpensesAmt0720466
IRS990/PYSalariesCompEmpBnftPaidAmt03576629
IRS990/PYTotalExpensesAmt05330660
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06051126
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt03108747
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06727368
IRS990/SavingsAndTempCashInvstGrp/BOYAmt063240
IRS990/SavingsAndTempCashInvstGrp/EOYAmt064446
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2017 AMOUNT: $ 13,737. 2018 AMOUNT: $ 13,737. 2019 AMOUNT: $ 13,737. 2020 AMOUNT: $ 13,735. 2021 AMOUNT: $ 100,235. GAIN ON SALE OF FIXED ASSETS - 2019 AMOUNT: $ 2,200. 2021 AMOUNT: $ 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02040995
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01177746
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03218741
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt032993
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt037325
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt033036
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt032382
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt028848
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0164584
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt06727368
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04822320
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt09321716
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt08231833
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt06468484
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt035571721
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt032993
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt037325
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt033036
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt032382
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt028848
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0164584
IRS990ScheduleA/InvestmentIncomeCYPct00.00420
IRS990ScheduleA/InvestmentIncomePYPct00.00440
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0100235
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt013735
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt015937
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt013737
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt013737
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0157381
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99180
IRS990ScheduleA/PublicSupportPY509Pct00.99360
IRS990ScheduleA/PublicSupportTotal509Amt038790462
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt08768363
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt06000066
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt09321716
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt08231833
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt06468484
IRS990ScheduleA/Total509Grp/TotalAmt038790462
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt08901591
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt06051126
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt09370689
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt08277952
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt06511069
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt039112427
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt09183
IRS990ScheduleD/EquipmentGrp/DepreciationAmt055559
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt064742
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05792844
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0753340
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01137600
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ERC RECEIVABLE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt038226
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt071506
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0109732
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0404106
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/RevenueNotReportedAmt0753340
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08901591
IRS990ScheduleD/TotalBookValueLandBuildingsAmt047409
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01137600
IRS990ScheduleD/TotalExpensesPerForm990Amt05792844
IRS990ScheduleD/TotalLiabilityAmt0404106
IRS990ScheduleD/TotalRevenuePerForm990Amt08901591
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09654931
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05792844
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0160265
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1160265
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LINDSAY CULLEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1TEJAL PATEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EMPLOYEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1EMPLOYEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0160265
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1160265
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0RAINBOW RIVER INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1RAINBOW RIVER INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0ORGANIZATION'S BOARD CHAIR IS THE 100% SHAREHOLDER OF RAINBOW RIVER INC.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1ORGANIZATION'S BOARD CHAIR IS THE 100% SHAREHOLDER OF RAINBOW RIVER INC.

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,013,400
Liabilities
$438,318
Net assets
$10,575,082
Revenue
$8,901,591
Expenses
$5,792,844
Net income
$3,108,747
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
2021Detailed filing. Detailed filing data is available for this year.$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