Rainbow Chamber Foundation FY2020 filing

Tax-deductible

Sacramento, CA501(c)(3)Since 2007EducationEIN 26-1258918Revenue $34K in FY2020

On file with the IRSrainbowchamber.com1026 Florin Rd 381, 95831-3513 · Sacramento, CATax-exempt since Apr 2009Publicly supported charity — 170(b)(1)(A)(vi)

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Provides academic scholarships to LGBTQ+ and allied students, in addition to a variety of other programs and non-profit organizations. The Foundation provides leadership and fundraising support for other community projects and causes.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2020 · Form 990-EZIndependent: 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-EZ
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $21K a year · 33% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Named funders
1
named funder · $185
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$11
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$34K
Net assets
$138K
By yearFY2020–FY2025
Revenue
$34K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$34K
FY2021$70K
FY2022$66K
FY2023$57K
FY2024$74K
FY2025$59K
Expenses
—
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022Not on file
FY2023$97K
FY2024$89K
FY2025$68K
Net assets
$138K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$138K
FY2021$179K
FY2022$158K
FY2023$119K
FY2024$104K
FY2025$95K

From the FY2020 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2009.

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

Who runs it and what they're paid

17 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
Past President
$0Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A
President & CEO
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Rainbow Chamber Foundation executive salaries →

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Programs and updates

Supports LGBTQ+ business professionals with education, scholarships, and recognition.

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Provided by the organization

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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 · FY2023
Total grants receivedfrom 1 funder$185
Grants paid · 3 grants · $76K · 2023–2025
Unitemized GrantFY2025$21,000
Unitemized GrantFY2024$29,500
Unitemized GrantFY2023$25,000

By the numbers

The FY2020 990-EZ, line by line.

1The main four
Money in
$34K
Other income$34K
Owns and owes
$138K
net assets
Liabilities$11
People
17
listed
Paid0
2In more detail
Revenue in detail
Other income$34K
Total revenue$34K
Assets in detailEnd of year
Liabilities$11
Net assets$138K
Operations
Employees0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $59K$68K−$9K$95K 990 PDF
FY2024 $74K$89K−$15K$104K 990 PDF
FY2023 $57K$97K−$39K$119K 990 PDF
FY2022 $66K$158K 990 PDF
FY2021 $70K$179K 990 PDF
FY2020 Viewing $34K$138K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

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

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