Under The Rainbow Early Education Center
EIN: 411822820 · Red Wing, MN · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.7M |
| Net Assets | $1.1M |
Is Under The Rainbow Early Education Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Under The Rainbow Early Education Center
Under The Rainbow Early Education Center (EIN: 411822820) is a nonprofit organization based in Red Wing, MN, classified under NTEE code P33. The organization reported total revenue of $1.7M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Under The Rainbow Early Education Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Under The Rainbow Early Education Center is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$570K |
| Total Assets | $1.6M |
| Total Liabilities | $498K |
| Net Assets | $1.1M |
| Operating Margin | 25.6% |
| Debt-to-Asset Ratio | 31.5% |
| Months of Reserves | 11.4 months |
Financial Health Grade: A
In 2023, Under The Rainbow Early Education Center reported a surplus of $570K with revenue exceeding expenses, holds 11.4 months of operating reserves (strong position), has a debt-to-asset ratio of 31.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Under The Rainbow Early Education Center's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.3% | +12.7% | +65.5% |
| 2022 | +14.7% | +6.7% | -6.9% |
| 2021 | -3.6% | +17.6% | -10.6% |
| 2020 | +3.1% | +2.1% | +3.6% |
| 2019 | +13.0% | +18.2% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Under The Rainbow Early Education Center 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 Under The Rainbow Early Education Center 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 surplus of $570K, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.5%.
Frequently Asked Questions about Under The Rainbow Early Education Center
Is Under The Rainbow Early Education Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Under The Rainbow Early Education Center (EIN: 411822820) insufficient data. 0 red flags identified, 0 strengths noted.
How does Under The Rainbow Early Education Center spend its money?
Detailed spending breakdown data is not yet available for Under The Rainbow Early Education Center. Check back for updated IRS 990 analysis.
Are donations to Under The Rainbow Early Education Center tax-deductible?
Under The Rainbow Early Education Center is registered as a tax-exempt nonprofit (EIN: 411822820). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Under The Rainbow Early Education Center located?
Under The Rainbow Early Education Center is headquartered in Red Wing, Minnesota and files with the IRS under EIN 411822820. It is classified under NTEE code P33.
How many years of IRS 990 filings does Under The Rainbow Early Education Center have?
Under The Rainbow Early Education Center has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7M in total revenue.
Filing History
IRS 990 filing history for Under The Rainbow Early Education Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Under The Rainbow Early Education Center's revenue has grown by 205.3%, moving from $729K to $2.2M. Total assets increased by 90.6% over the same period, from $829K to $1.6M. Total functional expenses rose by 138.8%, from $694K to $1.7M. In its most recent filing year (2023), Under The Rainbow Early Education Center reported a surplus of $570K, with revenue exceeding expenses. The organization holds $498K in liabilities against $1.6M in assets (debt-to-asset ratio: 31.5%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $1.7M | $1.6M | $498K | — | — |
| 2022 | $1.4M | $1.5M | $955K | $443K | — | View 990 |
| 2021 | $1.3M | $1.4M | $1.0M | $488K | — | View 990 |
| 2020 | $1.3M | $1.2M | $1.1M | $492K | — | View 990 |
| 2019 | $1.3M | $1.1M | $1.1M | $530K | — | View 990 |
| 2018 | $1.1M | $970K | $1.0M | $591K | — | View 990 |
| 2017 | $911K | $874K | $754K | $448K | — | View 990 |
| 2016 | $907K | $883K | $744K | $475K | — | View 990 |
| 2015 | $897K | $879K | $768K | $522K | — | View 990 |
| 2014 | $871K | $863K | $770K | $542K | — | View 990 |
| 2013 | $847K | $826K | $812K | $576K | — | View 990 |
| 2012 | $750K | $731K | $817K | $601K | — | View 990 |
| 2011 | $729K | $694K | $829K | $633K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $1.7M, and assets of $1.6M (revenue +54.3% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.5M, and assets of $955K (revenue +14.7% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.4M, and assets of $1.0M (revenue -3.6% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $1.1M (revenue +3.1% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.1M, and assets of $1.1M (revenue +13.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $970K, and assets of $1.0M (revenue +23.1% year-over-year).
- 2017: Revenue of $911K, expenses of $874K, and assets of $754K (revenue +0.4% year-over-year).
- 2016: Revenue of $907K, expenses of $883K, and assets of $744K (revenue +1.2% year-over-year).
- 2015: Revenue of $897K, expenses of $879K, and assets of $768K (revenue +3.0% year-over-year).
- 2014: Revenue of $871K, expenses of $863K, and assets of $770K (revenue +2.8% year-over-year).
- 2013: Revenue of $847K, expenses of $826K, and assets of $812K (revenue +12.9% year-over-year).
- 2012: Revenue of $750K, expenses of $731K, and assets of $817K (revenue +2.8% year-over-year).
- 2011: Revenue of $729K, expenses of $694K, and assets of $829K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Under The Rainbow Early Education Center:
Data Sources and Methodology
This transparency report for Under The Rainbow Early Education Center 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.