Nonprofit · EIN 80-0956961
RAINIER PREP
Tax-exempt · SEATTLE, WA 98168
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $7,095,593 | $7,023,357 | $72,236 | $4,221,148 | $913,510 | $3,307,638 |
| August 31, 2024 | 990 | $6,974,411 | $6,729,429 | $244,982 | $4,508,192 | $1,285,623 | $3,222,569 |
| August 31, 2023 | 990 | $5,710,548 | $5,831,034 | -$120,486 | $4,990,492 | $2,059,650 | $2,930,842 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $2,065,148
- of which government grants
- $390,904
- Program service revenue
- $4,958,783
- Investment income
- $94,346
- Net income from fundraising events
- -$22,684
- Other revenue
- -$22,684
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $359,580
- Other salaries and wages
- $3,079,216
- Salaries, compensation and benefits (total)
- $4,282,662
- Professional fundraising fees
- $0
- Legal fees
- $119,856
- Occupancy
- $484,179
- Travel
- $3,120
- Depreciation
- $229,674
- Program services (functional)
- $5,420,018
- Management and general (functional)
- $1,425,927
- Fundraising (functional)
- $177,412
Balance sheet and other
- Total assets, start of year
- $4,508,192
- Total assets, end of year
- $4,221,148
- Total liabilities, end of year
- $913,510
- Net assets, end of year
- $3,307,638
- Land, buildings and equipment
- $258,383
- Publicly traded securities
- $2,005,625
- Gross receipts
- $7,138,154
- Employees
- 55
- Volunteers
- 12
- Year formed
- 2013
- State of legal domicile
- WA
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KAREN LOBOS | EXECUTIVE DIRECTOR Officer | 70 | $158,400 | $30,816 |
| KAMILLE PHILLIPS-DYE | DIRECTOR OF FINANCE AND OPERATIONS Officer | 40 | $139,765 | $28,806 |
| MARCUS JOHNSON-TALTOAN | ASSISTANT PRINCIPAL Highest-paid employee | 40 | $138,201 | $27,204 |
| TIMOTHY TRAN | ASSISTANT PRINCIPAL Highest-paid employee | 40 | $138,201 | $27,204 |
| MORGAN FERNANDEZ | SCHOOL PRINCIPAL Highest-paid employee | 40 | $128,368 | $26,230 |
| SHANNON MOE | DIRECTOR OF COLLEGE SUCCESS Highest-paid employee | 40 | $120,934 | $25,515 |
| SCOTT HICKE | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $110,680 | $25,664 |
| ANDY JASSY | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| GUY PALUMBO | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| ROBIN MENDELSON | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| ED TAYLOR | TRUSTEE Trustee or director | 5 | $0 | $0 |
| BOB KIMBALL | TRUSTEE Trustee or director | 5 | $0 | $0 |
| PETER ORSER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ELIZABETH BURKE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| NASHRA RAHMAN | TRUSTEE Trustee or director | 5 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH SMITH | TRUSTEE Trustee or director | 5 | $0 |
| MAX SILVERMAN | TRUSTEE Trustee or director | 5 | $0 |
| BRAD JACKSON | TRUSTEE Trustee or director | 5 | $0 |
| SHERRY WILLIAMS | TRUSTEE THRU 03/25 Trustee or director | 5 | $0 |
990 for the year ended August 31, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KAREN LOBOS | EXECUTIVE DIRECTOR Officer | 70 | $139,810 | $30,542 |
| MORGAN FERNANDEZ | SCHOOL PRINCIPAL Highest-paid employee | 40 | $138,026 | $31,896 |
| TIMOTHY TRAN | ASSISTANT PRINCIPAL Highest-paid employee | 40 | $122,235 | $29,883 |
| STACY TIFFANY-DIAZ | TEACHER Highest-paid employee | 40 | $111,467 | $28,382 |
| SHANNON MOE | DIRECTOR OF COLLEGE SUCCESS Highest-paid employee | 40 | $107,088 | $29,391 |
| ALLISON ROBBINS | TEACHER Highest-paid employee | 40 | $105,609 | $27,994 |
| KAMILLE PHILLIPS-DYE | DIRECTOR OF FINANCE AND OPERATIONS Officer | 40 | $99,935 | $25,799 |
| ANDY JASSY | BOARD CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| PETER ORSER | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| GUY PALUMBO | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| ROBIN MENDELSON | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| ED TAYLOR | TRUSTEE Trustee or director | 5 | $0 | $0 |
| BOB KIMBALL | TRUSTEE Trustee or director | 5 | $0 | $0 |
| SHERRY WILLIAMS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ELIZABETH BURKE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| NASHRA RAHMAN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| SARAH SMITH | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MAX SILVERMAN | TRUSTEE Trustee or director | 5 | $0 | $0 |
990 for the year ended August 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KAREN LOBOS | EXECUTIVE DIRECTOR Officer | 70 | $123,537 | $27,053 |
| MORGAN FERNANDEZ | PRINCIPAL Highest-paid employee | 40 | $120,021 | $29,990 |
| TIMOTHY TRAN | ASSISTANT PRINCIPAL Highest-paid employee | 40 | $108,090 | $28,086 |
| STACY TIFFANY-DIAZ | TEACHER Highest-paid employee | 40 | $105,613 | $27,714 |
| KAMILLE PHILLIPS-DYE | CFO Officer | 40 | $107,972 | $25,053 |
| SHANNON MOE | DIRECTOR OF COLLEGE SUCCESS Highest-paid employee | 40 | $102,572 | $28,782 |
| ANDY JASSY | BOARD CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| GUY PALUMBO | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| ROBIN MENDELSON | TREASURER FROM 04/23 Trustee or director, Officer | 5 | $0 | $0 |
| SEAN BOYLE | TREASURER THRU 07/23 Trustee or director, Officer | 5 | $0 | $0 |
| ED TAYLOR | TRUSTEE Trustee or director | 5 | $0 | $0 |
| BOB KIMBAL | TRUSTEE Trustee or director | 5 | $0 | $0 |
| PETER ORSER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| SHERRY WILLIAMS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ELIZABETH BURKE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| NASHRA RRAHAM | TRUSTEE Trustee or director | 5 | $0 | $0 |
| SARA SMITH | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MAX SIVERMAN | TRUSTEE Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10211 12TH AVE S, SEATTLE, WA 98168-1524
- In care of
- % TAF BETHADAY
- Principal officer (990 for 2024)
- KAREN LOBOS, 10211 12TH AVENUE S, SEATTLE, WA 98168
- Signed the 990
- KAREN LOBOS, EXECUTIVE DIRECTOR
- Phone
- (206) 494-5979
- Website
- WWW.RAINIERPREP.ORG
- Return prepared by
- CLARK NUBER PS
Mission
RAINIER PREP PROVIDES PUBLIC EDUCATION TO STUDENTS IN GRADES 5-8 IN THE HIGHLINE AREA NEAR SEATTLE/TACOMA. RAINIER PREP SEEKS TO PREPARE STUDENTS FOR COLLEGE, CAREER READINESS, AND TO BECOME LEADERS IN THEIR COMMUNITIES.
Program accomplishments
- RAINIER PREP PROVIDES PUBLIC EDUCATION TO STUDENTS IN GRADES 5-8 IN THEHIGHLINE AREA NEAR SEATTLE/TACOMA. RAINIER PREP SEEKS TO PREPARESTUDENTS FOR COLLEGE, CAREER READINESS, AND TO BECOME LEADERS IN THEIRCOMMUNITIES. RAINIER PREP AIMS TO SERVE AN ENROLLED STUDENT BODY OF360.Expenses $5,420,018 · revenue $4,958,783
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 80-0956961
- 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
- 2014
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $4,221,148
- Income (IRS master file)
- $7,138,154
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $7,095,593 | $7,023,357 | $4,221,148 | IRS |
| 990 | August 2024 | $6,974,411 | $6,729,429 | $4,508,192 | XML |
| 990 | August 2023 | $5,710,548 | $5,831,034 | $4,990,492 | XML |
| 990 | August 2022 | $6,200,210 | $5,552,132 | $4,382,352 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | 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 80-0956961).
Questions about RAINIER PREP
- What is the EIN of RAINIER PREP?
- The employer identification number (EIN) of RAINIER PREP is 80-0956961.
- Is RAINIER PREP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to RAINIER PREP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RAINIER PREP 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 RAINIER PREP due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RAINIER PREP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of RAINIER PREP?
- The 990 for the year ended August 31, 2025 names KAREN LOBOS.
- Who are the officers and directors of RAINIER PREP?
- The 990 for the year ended August 31, 2025 lists 19 people; 7 received compensation from the organization, the highest $158,400 (KAREN LOBOS, EXECUTIVE DIRECTOR).
- How much revenue does RAINIER PREP have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $7,095,593, expenses of $7,023,357 and total assets of $4,221,148 at year end.
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