Nonprofit · EIN 41-1959264
RAINBOW SCHOOL
Tax-exempt · ROCHESTER, MN 55902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990-EZ | $122,220 | $112,709 | $9,511 | $74,122 | – | $74,122 |
| May 31, 2024 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CATHERINE THISIUS | DIRECTOR | 25 | $28,750 |
| TRACY TOLLEFSON | TEACHER | 21 | $20,095 |
| STACY FREIMUTH | TEACHER | 17 | $18,059 |
| TERI JOYNER | TREASURER | 0 | $260 |
| CRISTIN STUART | PRESIDENT | 0 | $0 |
| RACHEL RADEL | VICE PRESIDE | 0 | $0 |
990-EZ for the year ended May 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CATHERINE THISIUS | DIRECTOR | 25 | $27,784 |
| TRACY TOLLEFSON | TEACHER | 22 | $20,623 |
| STACY FREIMUTH | TEACHER | 17 | $18,347 |
| TERI JOYNER | TREASURER | 0 | $640 |
| MICKAYLA MILES | TEACHER | 0 | $368 |
| KAYLAN GROEN | PRESIDENT | 0 | $0 |
| NATHAN JENSON | BOARD MEMBER | 0 | $0 |
| JED GROEN | SECRETARY | 0 | $0 |
| KIM PICKETT | BOARD MEMBER | 0 | $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
- Website
- WWW.RAINBOWSCHOOL.US
- Return prepared by
- WILTROUT ACCOUNTING LLC
Mission
EDUCATION
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 PROGRAMExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990-EZ on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990-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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | May 2025 | $122,220 | $112,709 | $74,122 | XML |
| 990-EZ | May 2024 | $120,878 | $115,791 | $62,560 | XML |
| 990-EZ | May 2023 | – | – | – | IRS |
| 990-EZ | May 2022 | – | – | – | IRS |
| 990-EZ | May 2021 | – | – | – | IRS |
| 990-EZ | May 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.
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