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Rainbow Rising

Hermosa Beach, CA · EIN 95-4185139 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Rainbow Rising reported $14.0 million in revenue and $10.0 million in expenses for calendar year 2024. Of every $100 it spent, $92.49 went to program services, $7.51 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.4% of the total. The highest compensation it reported for one person was $274,910 (EMPLOYEE). 3 people received more than $100,000 in reportable compensation. Revenue rose 49% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $10M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $14M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,499 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
92.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
7.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
97.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$274,910$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.75%1.28%
People paid over $100,000
Part VII, line 2
38
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
26.513.3
Independent voting board members
Part VI 1a–1b
4 of 5100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$9.3M expenses · 100.0% of program spending · revenue $14M

We 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

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EMPLOYEE
Listed in Part VII, 40.00 hrs/week
$245,758$0$29,152$274,910
EMPLOYEE
Listed in Part VII, 40.00 hrs/week
$243,593$0$28,746$272,339
EMPLOYEE
Listed in Part VII, 40.00 hrs/week
$171,675$0$19,934$191,609

3 people received more than $100,000 in reportable compensation from Rainbow Rising (Part VII, line 2). Compensation of current officers, directors and key employees totaled $739K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$14M$10M92.5%$22M$274,910
2023 ⓘ$13M$9.5M93.3%$16M$245,109
2022 ⓘ$10M$7.8M93.6%$12M$205,067
2021 ⓘ$8.9M$5.8M90.3%$11M$160,265
2020 ⓘ$6.1M$5.3M92.0%$6.7M$156,990
2019 ⓘ$9.4M$7.9M90.9%$5.0M$160,649

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b5 · 4 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5227
  • Volunteers Part I, line 65

Private foundation grants it received

1 private foundation reported grants to Rainbow Rising totaling $16 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Rainbow Rising's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Rainbow Rising, you can publish a response that is linked from this page.

Questions people ask

How much of Rainbow Rising's spending goes to programs?

In calendar year 2024, Rainbow Rising reported that 92.5% of its $10.0 million in expenses went to program services, 7.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Rainbow Rising pay its top executive?

The largest total compensation Rainbow Rising reported for one person in calendar year 2024 was $274,910, for the role of EMPLOYEE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Rainbow Rising get its money?

Of $14.0 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 97.4% from program service revenue (Form 990, Part VIII).

Is Rainbow Rising a registered charity?

The IRS lists EIN 95-4185139 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202512979349301751 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202432999349300148 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333069349301743 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203149349307030 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202142919349301859 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003179349309225 · read the filing

All filings for EIN 95-4185139: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.