Rainbow Fleet INC

Tax-deductible

Oklahoma City, OK501(c)(3)Since 1979EducationEIN 73-1096719Revenue $5.1M in FY2025

On file with the IRS1105 Nw 45th St, 73118-5250 · Oklahoma City, OKTax-exempt since Jun 1980Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

To provide innovative educational child care development programs and services that enhance the quality of life for children, their families and child care professionals.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Run by 11 volunteers and 59 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
4 of 6
filings with a surplus
Average surplus $79K a year · 2% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$55K
to officers and key staff · 1% of spending
Top officer’s pay lower than 92% of similar orgs
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $807K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$888K
50% of total assets
Looks good: liabilities are 50% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.1M
+12% vs prior year
Spent
$4.9M
To programs
94%
Net assets
$889K
By yearFY2020–FY2025
Revenue
$5.1M
FY2025▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.1M
FY2021$2.8M
FY2022$3.3M
FY2023$4.0M
FY2024$4.6M
FY2025$5.1M
Expenses
$4.9M
FY2025▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$2.6M
FY2022$3.0M
FY2023$4.4M
FY2024$4.7M
FY2025$4.9M
Net assets
$889K
FY2025▲ +40%
Tap a bar for its year
Net assets by fiscal year
FY2020$537K
FY2021$846K
FY2022$1.1M
FY2023$778K
FY2024$635K
FY2025$889K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1980.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $4.6M Management & general 6% · $282K Fundraising 0% · $4K

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

Something off? Claim to fix it

Who runs it and what they're paid

12 people listed on the 990; $55K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director (eff 4-24)_
$54,679Pt VII · Sec A
Board President
$0Pt VII · Sec A
Board Vice President
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Quisha Beardsley’s $55K as Executive Director (eff 4-24)_ is at the 8th percentile of top reported officer pay among 3395 $1–10M education 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Carrie Williams————$94,218$91,138
Carri Hicks—$68,713$81,960$38,933——
Quisha Beardsley$54,679—————

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 Rainbow Fleet INC executive salaries →

On this list? Claim this org

Something off? Claim 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

Offers innovative educational child care development programs and services.

Questions for Rainbow Fleet INC

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

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

Provided by the organization

Know this org? Add your story

3 programs · $4.5M · in their own filed words · FY2024
01

Child and Adult Care Food Program

Nutritional training and processing of claims for meal reimbursements for family care home providers licensed through the oklahoma department of human services.

$2.2Mprogram expense
02

Early Education Center and After School Program

Set the highest standard of excellence for early education in oklahoma city. Employing research-based teaching practices and montessori pedagogy early learning methods, the centers highly skilled child development experts create an optimal environment for the children who attend.

$1.4Mprogram expense
03

Child Care Resource Referral

Specialists provide consultations with families and the community in an effort to provide the most current and accurate information about child care options, quality indicators and related resources. Rainbow fleet provides training opportunities and technical assistance to child care providers.

$869Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$5.1M
Ln 12
Gifts and grantsLn 1h$3.9M
Fees for servicesLn 2g$1.2M
Other incomeLn 4–11$11K
Money outPt IX
$4.9M
Ln 25
Programscol B$4.6M
Managementcol C$282K
Fundraisingcol D$4K
Owns and owesPt X
$889K
net assets · Ln 32
Cash and savingsLn 1–2$84K
Total assetsLn 16$1.8M
LiabilitiesLn 26$888K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.9M
Government grantsLn 1e$3.4M
Noncash giftsLn 1g$10K
Fees for servicesLn 2g$1.2M
Investment incomeLn 3$8K
Other incomeLn 4–11$11K
Total revenueLn 12$5.1M
Assets in detailPt X, end of year
CashLn 1$79K
SavingsLn 2$5K
Cash and savings togetherLn 1–2$84K
InvestmentsLn 11–13$234K
Land, buildings, equipmentLn 10c$310K
Other assetsLn 15$511K
Total assetsLn 16$1.8M
LiabilitiesLn 26$888K
Net assetsLn 32$889K
OperationsPt I, VI
EmployeesI 559
VolunteersI 611
Fiscal year endsHeaderJune
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 FY25End FY25
Cash and savingsLn 1–2$56K$84K
InvestmentsLn 11–13$200K$234K
Land, buildings, equipmentLn 10c$66K$310K
Total assetsLn 16$1.2M$1.8M
LiabilitiesLn 26$529K$888K
Net assetsLn 32$635K$889K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$89K$67K$22K$0
Other salaries and wagesLn 7$1.7M$1.5M$134K$0
Pension plan contributionsLn 8$34K$31K$3K$0
Other employee benefitsLn 9$214K$195K$19K$0
Payroll taxesLn 10$142K$130K$13K$0
Accounting feesLn 11c$121K$93K$28K$0
Other fees for servicesLn 11g$136K$104K$32K$0
Office expensesLn 13$38K$25K$8K$4K
OccupancyLn 16$137K$120K$17K$0
TravelLn 17$52K$52K$103$0
Depreciation, depletion and amortizationLn 22$21K$18K$3K$0
Other expenses (24a–d)Ln 24$2.2M$2.2M$4K$0
Total functional expensesLn 25$4.9M$4.6M$282K$4K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $5.1M$4.9M$227K$889K 990 PDF
FY2024 $4.6M$4.7M−$159K$635K 990 PDF
FY2023 $4.0M$4.4M−$361K$778K 990 PDF
FY2022 $3.3M$3.0M$312K$1.1M 990 PDF
FY2021 $2.8M$2.6M$274K$846K 990 PDF
FY2020 $2.1M$1.9M$181K$537K 990 PDF

More to add? 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 FY2025 990 (6 parts)
Part I · Summary $5,124,477 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,339,815$3,858,614
I-9 Program service revenuePrior year $1,224,090$1,246,531
I-10 Investment incomePrior year $2,840$8,494
I-11 Other revenuePrior year $8,872$10,838
I-12 Total revenuePrior year $4,575,617$5,124,477
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,902,578$2,148,427
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,832,515$2,748,935
I-18 Total expensesPrior year $4,735,093$4,897,362
I-19 Revenue less expensesPrior year −$159,476$227,115
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
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 $5,124,477 across 8 lines filed
VIII-1e Government grants$3,353,461
VIII-1f All other contributions, gifts and grants$505,153
VIII-1g Noncash contributions (included above)$9,786
VIII-1h Total contributions, gifts and grants$3,858,614
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$1,246,531
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $8,494$8,494
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $10,838 · Unrelated business $0 · Excluded from tax $0$10,838
VIII-12 Total revenueRelated to mission $1,257,369 · Unrelated business $0 · Excluded from tax $8,494$5,124,477
Part IX · Statement of functional expenses $4,897,362 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $66,593 · Management $22,198 · Fundraising $0$88,791
IX-7 Other salaries and wagesPrograms $1,536,120 · Management $133,751 · Fundraising $0$1,669,871
IX-8 Pension plan contributionsPrograms $30,684 · Management $2,983 · Fundraising $0$33,667
IX-9 Other employee benefitsPrograms $194,693 · Management $18,927 · Fundraising $0$213,620
IX-10 Payroll taxesPrograms $129,855 · Management $12,623 · Fundraising $0$142,478
IX-11c Accounting feesPrograms $92,544 · Management $28,123 · Fundraising $0$120,667
IX-11g Other fees for servicesPrograms $103,978 · Management $31,598 · Fundraising $0$135,576
IX-13 Office expensesPrograms $25,445 · Management $8,068 · Fundraising $4,488$38,001
IX-16 OccupancyPrograms $119,965 · Management $16,822 · Fundraising $0$136,787
IX-17 TravelPrograms $51,765 · Management $103 · Fundraising $0$51,868
IX-22 Depreciation, depletion and amortizationPrograms $18,377 · Management $2,577 · Fundraising $0$20,954
IX-24 Other expenses (24a–d)Programs $2,240,667 · Management $4,415 · Fundraising $0$2,245,082
IX-25 Total functional expensesPrograms $4,610,686 · Management $282,188 · Fundraising $4,488$4,897,362
Part X · Balance sheet $1,776,932 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $51,157$79,137
X-2 Savings and temporary cash investmentsStart of year $5,273$5,271
X-3 Pledges and grants receivableStart of year $734,975$368,044
X-9 Prepaid expenses and deferred chargesStart of year $20,888$268,668
X-10c Land, buildings and equipment, netStart of year $65,539$310,472
X-11 Publicly traded securitiesStart of year $199,564$234,466
X-15 Other assetsStart of year $86,248$510,874
X-16 Total assetsStart of year $1,163,644$1,776,932
X-17 Accounts payable and accrued expensesStart of year $448,208$389,210
X-25 Other liabilitiesStart of year $80,750$498,778
X-26 Total liabilitiesStart of year $528,958$887,988
X-27 Net assets without donor restrictionsStart of year $573,998$837,645
X-28 Net assets with donor restrictionsStart of year $60,688$51,299
X-32 Total net assets or fund balancesStart of year $634,686$888,944
X-33 Total liabilities and net assetsStart of year $1,163,644$1,776,932
Part XI · Reconciliation of net assets $888,944 net assets at year end
XI-1 Total revenue$5,124,477
XI-2 Total expenses$4,897,362
XI-3 Revenue less expenses$227,115
XI-4 Net assets at start of year$634,686
XI-5 Net unrealized gains (losses) on investments$27,143
XI-10 Net assets at end of year$888,944

Form 990 e-file (XML) FY2025 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.

Your org? Add context

Made it to the end? Claim this org

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.