Reece's Rainbow INC FY2020 filing

Tax-deductible

Combined Lcks, WI501(c)(3)Since 2006Human ServicesEIN 20-5466141Revenue $1.1M in FY2020

On file with the IRSreecesrainbow.orgPo Box 146, 54113-0146 · Combined Lcks, WITax-exempt since Jun 2008Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Reece's Rainbow advocates and provides grant funding for the international adoption of children with down syndrome and other specials needs exclusively.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$48K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $38K a year · 6% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$48K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 11.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $46K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$10
<0.01% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
Spent
$786K
To programs
86%
Net assets
$2.1M
By yearFY2020–FY2025
Revenue
$1.1M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$1.1M
FY2022$665K
FY2023$396K
FY2024$361K
FY2025$410K
Expenses
$786K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$786K
FY2021$1.0M
FY2022$664K
FY2023$445K
FY2024$442K
FY2025$476K
Net assets
$2.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.1M
FY2021$2.3M
FY2022$2.1M
FY2023$2.2M
FY2024$2.2M
FY2025$2.3M

From the FY2020 Form 990 · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $676K Management & general 11% · $83K Fundraising 3% · $27K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

6 people listed on the 990; $48K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$48,430Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Michelle Zoromski’s $55K as Treasurer is at the 43rd percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Michelle Zoromski$54,755$52,466$50,870$49,440$48,430

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Reece's Rainbow INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fund international adoptions for children with special needs.

Questions for Reece's Rainbow INC

Tap to ask. Reece's Rainbow INC sees how many people are interested.

Your first name shows with your question. Reece's Rainbow INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $676K · in their own filed words · FY2020
01

Family Sponsorship Grant Fund

Our FSP program makes it possible for friends and family to donate towards family's adoption of a particular child. This grant supplements the child's original waiting child grant once a family has made the official commitment for that child. 100% of each donation goes to this fund and is legally still made on behalf of the child.

$546Kprogram expense
02

Waiting Child Grant Fund

Our waiting child grant fund(which includes funds raiased during our annual christmas angel tree project),accepts donations for individual orphans with down syndrome and other special needs living in foreign ORPHANAGES.THESE funds are held as adoption grants for each child and encourage potential adoptive families to adopt the…

$130Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$46K
See all 3 funders →
Grants paid · 12 grants · $2.8M · 2020–2025
Unitemized GrantFY2025$246,218
Unitemized GrantFY2025$61,555
Unitemized GrantFY2024$203,053
Unitemized GrantFY2024$60,652
Unitemized GrantFY2023$210,060
Unitemized GrantFY2023$62,745
Unitemized GrantFY2022$369,818
Unitemized GrantFY2022$110,465
Unitemized GrantFY2021$725,175
Unitemized GrantFY2021$127,972
Unitemized GrantFY2020$504,307
Unitemized GrantFY2020$96,058

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$1.1M
Investment incomeLn 3$39K
Money outPt IX
$786K
Ln 25
Programscol B$676K
Managementcol C$83K
Fundraisingcol D$27K
Owns and owesPt X
$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$734K
Total assetsLn 16$2.1M
LiabilitiesLn 26$10
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Investment incomeLn 3$39K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$734K
Cash and savings togetherLn 1–2$734K
InvestmentsLn 11–13$1.4M
Total assetsLn 16$2.1M
LiabilitiesLn 26$10
Net assetsLn 32$2.1M
OperationsPt I, VI
EmployeesI 53
VolunteersI 624
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$359K$734K
InvestmentsLn 11–13$1.3M$1.4M
Total assetsLn 16$1.7M$2.1M
LiabilitiesLn 26$0$10
Net assetsLn 32$1.7M$2.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$600K$600K
Pay of current officers, directors and key staffLn 5$48K$19K$15K$14K
Other salaries and wagesLn 7$59K$33K$16K$10K
Payroll taxesLn 10$6K$3K$2K$1K
Investment management feesLn 11f$13K$13K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$3K$3K
Information technologyLn 14$7K$150$7K
TravelLn 17$40−$267$307
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$42K$16K$25K$1K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$786K$676K$83K$27K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $410K$476K−$66K$2.3M 990 PDF
FY2024 $361K$442K−$81K$2.2M 990 PDF
FY2023 $396K$445K−$49K$2.2M 990 PDF
FY2022 $665K$664K$1K$2.1M 990 PDF
FY2021 $1.1M$1.0M$101K$2.3M 990 PDF
FY2020 Viewing $1.1M$786K$323K$2.1M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $1,109,021 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,155,777$1,070,513
I-9 Program service revenue$0
I-10 Investment incomePrior year $47,759$38,508
I-11 Other revenue$0
I-12 Total revenuePrior year $1,203,536$1,109,021
I-13 Grants and similar amounts paidPrior year $1,026,606$600,365
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $109,116$112,623
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $87,077$73,052
I-18 Total expensesPrior year $1,222,799$786,040
I-19 Revenue less expensesPrior year −$19,263$322,981
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,109,021 across 4 lines filed
VIII-1f All other contributions, gifts and grants$1,070,513
VIII-1h Total contributions, gifts and grants$1,070,513
VIII-3 Investment incomeRelated to mission $38,508$38,508
VIII-12 Total revenueRelated to mission $38,508$1,109,021
Part IX · Statement of functional expenses $786,040 across 13 lines filed
IX-2 Grants to domestic individualsPrograms $600,365$600,365
IX-5 Pay of current officers, directors and key staffPrograms $19,372 · Management $15,449 · Fundraising $13,609$48,430
IX-7 Other salaries and wagesPrograms $33,164 · Management $15,756 · Fundraising $9,730$58,650
IX-10 Payroll taxesPrograms $2,960 · Management $1,542 · Fundraising $1,041$5,543
IX-11f Investment management feesManagement $13,262$13,262
IX-12 Advertising and promotionFundraising $1,540$1,540
IX-13 Office expensesPrograms $3,194$3,194
IX-14 Information technologyPrograms $150 · Management $6,665$6,815
IX-17 TravelPrograms −$267 · Management $307$40
IX-22 Depreciation, depletion and amortizationPrograms $1,032$1,032
IX-23 InsuranceManagement $2,514$2,514
IX-24 Other expenses (24a–d)Programs $15,722 · Management $24,931 · Fundraising $1,264$41,917
IX-24e All other expensesManagement $2,738$2,738
IX-25 Total functional expensesPrograms $675,692 · Management $83,164 · Fundraising $27,184$786,040
Part X · Balance sheet $2,100,509 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $359,185$734,424
X-11 Publicly traded securitiesStart of year $1,291,804$1,366,085
X-16 Total assetsStart of year $1,668,221$2,100,509
X-25 Other liabilities$10
X-26 Total liabilitiesStart of year $0$10
X-27 Net assets without donor restrictionsStart of year $179,268$116,551
X-28 Net assets with donor restrictionsStart of year $1,488,953$1,983,948
X-32 Total net assets or fund balancesStart of year $1,668,221$2,100,499
X-33 Total liabilities and net assetsStart of year $1,668,221$2,100,509
Part XI · Reconciliation of net assets $2,100,499 net assets at year end
XI-1 Total revenue$1,109,021
XI-2 Total expenses$786,040
XI-3 Revenue less expenses$322,981
XI-4 Net assets at start of year$1,668,221
XI-5 Net unrealized gains (losses) on investments$109,297
XI-10 Net assets at end of year$2,100,499

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.