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Nonprofit · EIN 95-4389218

RAINBOW HORIZONS INC

Tax-exempt · NORTH HILLS, CA 91343

Financials

$301K$315K2023$334K$353K2024
Revenue Expenses · by fiscal year end
Financials of RAINBOW HORIZONS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$333,511$353,234-$19,723$805,013$1,701,984-$896,971
June 30, 2024990$300,585$315,034-$14,449$781,470$1,658,718-$877,248
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$267,925
of which government grants
$267,925
Program service revenue
$64,747
Investment income
$154
Other revenue
$685

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$16,125
Occupancy
$77,337
Depreciation
$38,711
Program services (functional)
$309,630
Management and general (functional)
$43,604

Balance sheet and other

Total assets, start of year
$781,470
Total assets, end of year
$805,013
Total liabilities, end of year
$1,701,984
Net assets, end of year
-$896,971
Land, buildings and equipment
$732,831
Net assets without donor restrictions
-$896,971
Gross receipts
$333,511
Employees
0
Volunteers
5
Year formed
1992
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN C BRAUERPRESIDENT/CEO OF NEW HORIZONS
Officer
1$0$387,751$14,034
DIANE THORSELLCHIEF OPERATING OFFICER OF NEW HORIZONS
Officer
1$0$250,377$11,708
SUSAN STEARNSPRESIDENT
Trustee or director, Officer
2$0$0$0
JUDY FISHERVICE PRESIDENT
Trustee or director, Officer
2$0$0$0
LAWRENCE DIAMONDSECRETARY & TREASURER
Trustee or director, Officer
2$0$0$0
LENA RIVKINDIRECTOR
Trustee or director
2$0$0$0
RUTH RUTALJDIRECTOR
Trustee or director
2$0$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN C BRAUERPRESIDENT/CEO OF NEW HORIZONS
Officer
0$0$367,172$14,988
DIANE THORSELLCHIEF FIN/ADMIN OFFICER NEW HORIZONS
Officer
0$0$241,557$15,137
DAVID YAEGERVP PROPERTY/ASSET MGMT NEW HORIZONS
Officer
0$0$172,865$3,379
SUSAN STEARNSPRESIDENT
Trustee or director, Officer
2$0$0$0
JUDY FISHERVICE PRESIDENT
Trustee or director, Officer
2$0$0$0
LAWRENCE DIAMONDSECRETARY & TREASURER
Trustee or director, Officer
2$0$0$0
LENA RIVKINDIRECTOR
Trustee or director
2$0$0$0
RUTH RUTALJDIRECTOR
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
15725 PARTHENIA ST, NORTH HILLS, CA 91343-4913
Principal officer (990 for 2024)
SUSAN STEARNS, 15725 PARTHENIA STREET, NORTH HILLS, CA 91343
Signed the 990
JESSE FUNES, CHIEF FINANCIAL OFFICER
Phone
(818) 894-9301
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

PROVIDES RESIDENTIAL SERVICES FOR 12 DEVELOPMENTALLY-DISABLED LOW-INCOME CONSUMERS.

990 for the year ended June 30, 2025

Program accomplishments

  • RAINBOW HORIZONS PROVIDES RESIDENTIAL SERVICES FOR 12 DEVELOPMENTALLY-DISABLED LOW-INCOME CONSUMERS.
    Expenses $309,630 · revenue $65,432

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
95-4389218
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
1993
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$805,013
Income (IRS master file)
$333,511

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$311,306$300,323$753,991IRS
990June 2022$281,182$268,441$710,295IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

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 HORIZONS INC

What is the EIN of RAINBOW HORIZONS INC?
The employer identification number (EIN) of RAINBOW HORIZONS INC is 95-4389218.
Is RAINBOW HORIZONS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to RAINBOW HORIZONS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RAINBOW HORIZONS INC 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 HORIZONS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RAINBOW HORIZONS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of RAINBOW HORIZONS INC?
The 990 for the year ended June 30, 2025 names SUSAN STEARNS.
Who are the officers and directors of RAINBOW HORIZONS INC?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does RAINBOW HORIZONS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $333,511, expenses of $353,234 and total assets of $805,013 at year end.

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