Rainbow Chamber Foundation
- Assets
- $166.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 04/2009
- Data as of
- 12/2022
- EIN
- 26-1258918
Organization Overview
Rainbow Chamber Foundation is located in Sacramento, CA. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rainbow Chamber Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Rainbow Chamber Foundation generated $66.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $64.2k during the year ending 12/2022. While expenses have increased by 16.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
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(0)(3) OF THE INTERNAL REVENUE CODE OF 1954 (OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Villaluz Weubbe President | 0 | $0 | |
Fred Palmer Executive Dir. | 0 | $0 | |
Tyler Thompson Vice President | 0 | $0 | |
Angelica Sanchez Secretary | 0 | $0 | |
Shawna Fitzgerald Treasurer | 0 | $0 | |
Tran Pham Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,911 |
| Total Program Service Revenue | $20,386 |
| Membership dues | $0 |
| Investment income | $56 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $37,636 |
| Other Revenue | $0 |
| Total Revenue | $65,989 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $31,202 |
| Occupancy, rent, utilities, and maintenance | $246 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,281 |
| Total expenses | $64,229 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $166,374 |
| Other assets | $0 |
| Total assets | $166,374 |
| Total liabilities | $7,961 |
| Net assets or fund balances | $158,413 |