Rainbow Shoppe INC FY2020 filing

Tax-deductible

Charlevoix, MI501(c)(3)Since 1983Human ServicesEIN 38-2464854Revenue $165K in FY2020

On file with the IRS06480 Old US 31 South, 49720-8918 · Charlevoix, MITax-exempt since Nov 2006Publicly supported — 509(a)(2)

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

To work with charlevoix ministerial association in the organizing and management of a resale shop on a volunteer basis, for the betterment of the community by providing for those in need.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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 deficit $3K a year · 2% 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
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 3.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$5K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$165K
Spent
$210K
To programs
80%
Net assets
$332K
By yearFY2020–FY2025
Revenue
$165K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$165K
FY2021$268K
FY2022$229K
FY2023$255K
FY2024$223K
FY2025$236K
Expenses
$210K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$210K
FY2021$214K
FY2022$252K
FY2023$245K
FY2024$241K
FY2025$233K
Net assets
$332K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$332K
FY2021$386K
FY2022$362K
FY2023$372K
FY2024$354K
FY2025$357K

From the FY2020 Form 990 · see the original

Form 990 (PDF) 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 Nov 2006.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $169K Management & general 20% · $41K

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

9 people listed on the 990.

Part VII, Section A · reportable compensation
Vice Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Rainbow Shoppe 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 15aNo

Programs and updates

Operate a resale shop with volunteers to help community members in need.

Questions for Rainbow Shoppe INC

Tap to ask. Rainbow Shoppe INC sees how many people are interested.

Your first name shows with your question. Rainbow Shoppe INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $169K · in their own filed words · FY2020
01

The rainbow shoppe is a resale store stocked with donated clothing, household items, books, toys and furniture. It's purpose is to provide necessary items to needy people at a nominal cost. It also provides personal contact with lonely, distressed, needy people in the area. Items are given to those who cannot afford to pay for them.

$169Kprogram expense
02

Financial assistance to individuals including, assistance with rent, utilities, clothing, scholarships and christmas.

Pt IX · col B
03

Financial assistance to organizations that help the needy.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$165K
Ln 12
Other incomeLn 4–11$165K
Investment incomeLn 3$9
Money outPt IX
$210K
Ln 25
Programscol B$169K
Managementcol C$41K
Owns and owesPt X
$332K
net assets · Ln 32
Cash and savingsLn 1–2$63K
Total assetsLn 16$337K
LiabilitiesLn 26$5K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$9
Other incomeLn 4–11$165K
Total revenueLn 12$165K
Assets in detailPt X, end of year
CashLn 1$54K
SavingsLn 2$9K
Cash and savings togetherLn 1–2$63K
Land, buildings, equipmentLn 10c$274K
Total assetsLn 16$337K
LiabilitiesLn 26$5K
Net assetsLn 32$332K
OperationsPt I, VI
EmployeesI 513
VolunteersI 6125
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
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$101K$63K
Land, buildings, equipmentLn 10c$283K$274K
Total assetsLn 16$384K$337K
LiabilitiesLn 26$6K$5K
Net assetsLn 32$378K$332K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$135K$100K$35K
Other employee benefitsLn 9$3K$3K
Payroll taxesLn 10$11K$8K$3K
Advertising and promotionLn 12$455$455
Depreciation, depletion and amortizationLn 22$10K$10K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$36K$36K
All other expensesLn 24e$8K$8K
Total functional expensesLn 25$210K$169K$41K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $236K$233K$3K$357K 990 PDF
FY2024 $223K$241K−$18K$354K 990 PDF
FY2023 $255K$245K$10K$372K 990 PDF
FY2022 $229K$252K−$23K$362K 990 PDF
FY2021 $268K$214K$54K$386K 990 PDF
FY2020 Viewing $165K$210K−$46K$332K 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 $164,561 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $28$9
I-11 Other revenuePrior year $277,752$164,552
I-12 Total revenuePrior year $277,780$164,561
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $175,517$149,059
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $86,596$61,421
I-18 Total expensesPrior year $262,113$210,480
I-19 Revenue less expensesPrior year $15,667−$45,919
Part VI · Governance 9 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $164,561 across 2 lines filed
Lines not itemized here account for $164,552 of total revenue; see the IRS return.
VIII-3 Investment incomeRelated to mission $9$9
VIII-12 Total revenueRelated to mission $164,561$164,561
Part IX · Statement of functional expenses $210,480 across 8 lines filed
IX-7 Other salaries and wagesPrograms $99,508 · Management $35,225$134,733
IX-9 Other employee benefitsManagement $3,429$3,429
IX-10 Payroll taxesPrograms $8,202 · Management $2,695$10,897
IX-12 Advertising and promotionPrograms $455$455
IX-22 Depreciation, depletion and amortizationPrograms $9,638$9,638
IX-23 InsurancePrograms $6,773$6,773
IX-24 Other expenses (24a–d)Programs $36,110$36,110
IX-24e All other expensesPrograms $8,445$8,445
IX-25 Total functional expensesPrograms $169,131 · Management $41,349 · Fundraising $0$210,480
Part X · Balance sheet $337,014 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $91,720$54,269
X-2 Savings and temporary cash investmentsStart of year $9,182$9,191
X-10c Land, buildings and equipment, netStart of year $282,969$273,554
X-16 Total assetsStart of year $383,871$337,014
X-17 Accounts payable and accrued expensesStart of year $5,941$5,003
X-26 Total liabilitiesStart of year $5,941$5,003
X-27 Net assets without donor restrictionsStart of year $377,930$332,011
X-32 Total net assets or fund balancesStart of year $377,930$332,011
X-33 Total liabilities and net assetsStart of year $383,871$337,014
Part XI · Reconciliation of net assets $332,011 net assets at year end
XI-1 Total revenue$164,561
XI-2 Total expenses$210,480
XI-3 Revenue less expenses−$45,919
XI-4 Net assets at start of year$377,930
XI-10 Net assets at end of year$332,011

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.