Nonprofit · EIN 26-1258918
RAINBOW CHAMBER FOUNDATION
Tax-exempt · SACRAMENTO, CA 95831
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $58,577 | $67,576 | -$8,999 | $95,569 | $607 | $94,962 |
| December 31, 2024 | 990 | $74,260 | $89,456 | -$15,196 | $103,961 | $0 | $103,961 |
| December 31, 2023 | 990 | $57,467 | $96,723 | -$39,256 | $123,171 | $4,014 | $119,157 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,566
- Investment income
- $5
- Net income from fundraising events
- $55,006
- Other revenue
- $55,006
Expenses
- Grants and similar amounts paid
- $21,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $58,261
- Management and general (functional)
- $9,315
Balance sheet and other
- Total assets, start of year
- $103,961
- Total assets, end of year
- $95,569
- Total liabilities, end of year
- $607
- Net assets, end of year
- $94,962
- Net assets without donor restrictions
- $57,546
- Net assets with donor restrictions
- $37,416
- Gross receipts
- $64,878
- Employees
- 0
- Year formed
- 2007
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Fred Palmer | Executive Dir. Trustee or director | 0 | $0 | $107,165 |
| Thomas Kane | Sr. Vice Presid Trustee or director | 0 | $0 | $0 |
| Samuel N Jones | Treasurer Trustee or director | 0 | $0 | $0 |
| Abigail Little | Director Trustee or director | 0 | $0 | $0 |
| Charlene Davis | Director Trustee or director | 0 | $0 | $0 |
| Peter Nurenberg Jr | Director Trustee or director | 0 | $0 | $0 |
| Sharon Stone Smith | Director Trustee or director | 0 | $0 | $0 |
| Aaron Stillwell | Vice President Trustee or director | 0 | $0 | $0 |
| R Paul Villaluz | Director Trustee or director | 0 | $0 | $0 |
| Devin Strecker LPM | Vice Chair Officer | 0 | $0 | $0 |
| Jay Stewart | Secretary Officer | 0 | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul Villaluz Weubbe | Treasurer Trustee or director | 0 | $0 |
| Fred Palmer | Executive Dir. Trustee or director | 0 | $0 |
| Brian D Knirk | Director Trustee or director | 0 | $0 |
| Abigail LIttle | Director Trustee or director | 0 | $0 |
| Anthony St Amant | Director Trustee or director | 0 | $0 |
| Joe Ledin-Wilson | Director Trustee or director | 0 | $0 |
| Kristen Stauss | Director Trustee or director | 0 | $0 |
| Jesse Beck | Vice President Trustee or director | 0 | $0 |
| Johnathan Williams EdD | Director Trustee or director | 0 | $0 |
| Tyler Thompson | Past President Officer | 0 | $0 |
| Angelica Sanchez | Secretary Officer | 0 | $0 |
| Annie Caruso | President Officer | 0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Fred Palmer | Executive Dir. Trustee or director | 0 | $0 | $124,832 |
| Paul Villaluz Weubbe | Director Trustee or director | 0 | $0 | $0 |
| Ashley Skeets | Director Trustee or director | 0 | $0 | $0 |
| Tranh Pham | Director Trustee or director | 0 | $0 | $0 |
| Anthony St Amant | Director Trustee or director | 0 | $0 | $0 |
| Romer Cristobal | Director Trustee or director | 0 | $0 | $0 |
| Kristen Stauss | Director Trustee or director | 0 | $0 | $0 |
| Jesse Beck | Director Trustee or director | 0 | $0 | $0 |
| Johnathan Williams EdD | Director Trustee or director | 0 | $0 | $0 |
| Tyler Thompson | President Officer | 0 | $0 | $0 |
| Angelica Sanchez | Secretary Officer | 0 | $0 | $0 |
| Annie Caruso | Vice President Officer | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1026 FLORIN RD 381, SACRAMENTO, CA 95831-3513
- In care of
- % JASON RUSSELL
- Mailing address (990-N for 2009)
- 1710 Broadway, Sacramento CA 95818
- Principal officer (990 for 2025)
- Fred Palmer, 1026 Florin Rd 381, Sacramento, CA 95831
- Principal officer (990-N for 2009)
- Jason Russell, 1710 Broadway Suite 8, Sacramento CA 95818
- Signed the 990
- Fred Palmer, Executive Dir.
- Phone
- (877) 722-7224
- Website
- www.rainbowchamber.com
- Return prepared by
- Sacramento Accounting & Advisory Group LLP
Mission
Provides academic scholarships to LGBTQ+ and allied students, in addition to a variety of other programs and non-profit organizations. The Foundation provides leadership and fundraising support for other community projects and causes.
Program accomplishments
- To receive contributions and to make donations to, dispense charitable contributions through, and otherwise aid and support those organizations that qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law).Expenses $37,761
- To provide scholarships to individuals for payments towards higher education.Expenses $20,500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-1258918
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $95,569
- Income (IRS master file)
- $64,878
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $58,577 | $67,576 | $95,569 | XML |
| 990 | December 2024 | $74,260 | $89,456 | $103,961 | XML |
| 990 | December 2023 | $57,467 | $96,723 | $123,171 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2009 Officer: Jason Russell | December 31, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about RAINBOW CHAMBER FOUNDATION
- What is the EIN of RAINBOW CHAMBER FOUNDATION?
- The employer identification number (EIN) of RAINBOW CHAMBER FOUNDATION is 26-1258918.
- Is RAINBOW CHAMBER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to RAINBOW CHAMBER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RAINBOW CHAMBER FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RAINBOW CHAMBER FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RAINBOW CHAMBER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of RAINBOW CHAMBER FOUNDATION?
- The 990 for the year ended December 31, 2025 names Fred Palmer.
- Who are the officers and directors of RAINBOW CHAMBER FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does RAINBOW CHAMBER FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $58,577, expenses of $67,576 and total assets of $95,569 at year end.
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