Rainbow Learning Academy
EIN: 881428647 · Mililani, HI · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $842K |
| Total Expenses | $259K |
| Net Assets | $-12,560 |
Is Rainbow Learning Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rainbow Learning Academy
Rainbow Learning Academy (EIN: 881428647) is a nonprofit organization based in Mililani, HI, classified under NTEE code B12. The organization reported total revenue of $842K and total assets of $64K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rainbow Learning Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rainbow Learning Academy is a small nonprofit that has been operating for 3 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $244K |
| Total Expenses | $259K |
| Surplus / Deficit | $-15,710 |
| Total Assets | $55K |
| Total Liabilities | $68K |
| Net Assets | $-12,560 |
| Operating Margin | -6.4% |
| Debt-to-Asset Ratio | 122.7% |
| Months of Reserves | 2.6 months |
Financial Health Grade: D
In 2023, Rainbow Learning Academy reported a deficit of $16K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 122.7% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rainbow Learning Academy has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rainbow Learning Academy with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 122.7%.
Frequently Asked Questions about Rainbow Learning Academy
Is Rainbow Learning Academy a legitimate charity?
Rainbow Learning Academy (EIN: 881428647) is a registered tax-exempt nonprofit based in Hawaii. Total revenue: $842K. No red flags identified. Financial health grade: D.
How does Rainbow Learning Academy spend its money?
Rainbow Learning Academy reported $842K in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rainbow Learning Academy tax-deductible?
Rainbow Learning Academy is registered as a tax-exempt nonprofit (EIN: 881428647). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rainbow Learning Academy located?
Rainbow Learning Academy is headquartered in Mililani, Hawaii and files with the IRS under EIN 881428647. It is classified under NTEE code B12.
Filing History
IRS 990 filing history for Rainbow Learning Academy showing financial trends over 1 year of public records:
In its most recent filing year (2023), Rainbow Learning Academy reported a deficit of $16K, with expenses exceeding revenue. The organization holds $68K in liabilities against $55K in assets (debt-to-asset ratio: 122.7%), resulting in net assets of $-12,560.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $244K | $259K | $55K | $68K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rainbow Learning Academy:
Data Sources and Methodology
This transparency report for Rainbow Learning Academy is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.