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Nonprofit · EIN 41-1959264

RAINBOW SCHOOL

Tax-exempt · ROCHESTER, MN 55902

Financials

$121K$116K2023$122K$113K2024
Revenue Expenses · by fiscal year end
Financials of RAINBOW SCHOOL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990-EZ$122,220$112,709$9,511$74,122–$74,122
May 31, 2024990-EZ$120,878$115,791$5,087$62,560–$62,560
Financial details: 990-EZ for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$14,779
Program service revenue
$106,708
Investment income
$733

Expenses

Compensation of officers, directors and key employees
$67,164
Salaries, compensation and benefits (total)
$80,815
Professional fees and payments to contractors
$4,843
Occupancy
$19,567
Printing, publications and postage
$983
Other expenses
$6,501
Program services (functional)
$103,480

Balance sheet and other

Total assets, start of year
$62,560
Total assets, end of year
$74,122
Total liabilities, end of year
–
Net assets, end of year
$74,122
Cash, savings and investments
$74,122
Gross receipts
$122,220

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-EZ for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CATHERINE THISIUSDIRECTOR25$28,750
TRACY TOLLEFSONTEACHER21$20,095
STACY FREIMUTHTEACHER17$18,059
TERI JOYNERTREASURER0$260
CRISTIN STUARTPRESIDENT0$0
RACHEL RADELVICE PRESIDE0$0
990-EZ for the year ended May 31, 2024: 9 people
NameTitleHours / weekCompensation
CATHERINE THISIUSDIRECTOR25$27,784
TRACY TOLLEFSONTEACHER22$20,623
STACY FREIMUTHTEACHER17$18,347
TERI JOYNERTREASURER0$640
MICKAYLA MILESTEACHER0$368
KAYLAN GROENPRESIDENT0$0
NATHAN JENSONBOARD MEMBER0$0
JED GROENSECRETARY0$0
KIM PICKETTBOARD MEMBER0$0

Address and contacts

Address (IRS master file)
624 3RD AVE SW, ROCHESTER, MN 55902-3318
In care of
% ANDREA FYFFE
Signed the 990-EZ
CATHERINE THISIUS, DIRECTOR
Phone
(507) 261-0586
Return prepared by
WILTROUT ACCOUNTING LLC

Mission

EDUCATION

990-EZ for the year ended May 31, 2025

Program accomplishments

  • SERVE FAMILIES OF 3, 4, AND 5 YEAR-OLD CHILDREN BY OFFERING A PART-TIME MIDWEEK CHRISTIAN BASED PRESCHOOL PROGRAM
  • SERVE FAMILIES OF 3, 4, AND 5 YEAR-OLD CHILDREN BY OFFERING A PART-TIME MIDWEEK CHRISTIAN BASED PRESCHOOL PROGRAM
    Expenses $103,480

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 May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990-EZ on file
2023May 31, 2024October 15, 2024990-EZ on file

IRS record

EIN
41-1959264
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
May
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B21)
Assets (IRS master file)
$74,122
Income (IRS master file)
$122,220

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZMay 2025$122,220$112,709$74,122XML
990-EZMay 2024$120,878$115,791$62,560XML
990-EZMay 2023–––IRS
990-EZMay 2022–––IRS
990-EZMay 2021–––IRS
990-EZMay 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 41-1959264).

Questions about RAINBOW SCHOOL

What is the EIN of RAINBOW SCHOOL?
The employer identification number (EIN) of RAINBOW SCHOOL is 41-1959264.
Is RAINBOW SCHOOL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to RAINBOW SCHOOL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RAINBOW SCHOOL 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 SCHOOL due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RAINBOW SCHOOL last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended May 2025.
Who are the officers and directors of RAINBOW SCHOOL?
The 990-EZ for the year ended May 31, 2025 lists 6 people; 4 received compensation from the organization, the highest $28,750 (CATHERINE THISIUS, DIRECTOR).
How much revenue does RAINBOW SCHOOL have?
On its 990-EZ for the year ended May 31, 2025 it reported revenue of $122,220, expenses of $112,709 and total assets of $74,122 at year end.

Other nonprofits in ROCHESTER

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