Totals
- Total revenue
- $5,710,548
- Total expenses
- $5,831,034
- Contributions and grants received
- $1,313,867
- Grants paid
- $0
- Program service revenue
- $4,342,227
- Investment income
- $77,767
- Other revenue
- -$23,313
- Total assets, end of year
- $4,990,492
- Total liabilities, end of year
- $2,059,650
- Net assets or fund balances, end of year
- $2,930,842
- Program services expenses (Part IX)
- $4,864,635
- Management and general expenses
- $826,875
- Fundraising expenses
- $139,524
- Program service expenses (Part III)
- $4,864,635
Program services were 83.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$321,127
-
1e · Government grants (contributions)
$546,721
-
1f · All other contributions, gifts and grants
$446,019
-
2a · Program service revenue: STATE APPORTIONMENT
total $4,342,227 · related or exempt $4,342,227
-
3 · Investment income
total $77,767 · excluded $77,767
-
8a · Fundraising events: gross income
$9,851
-
8a · Fundraising events: contributions included on line 1c
$321,127
-
8b · Fundraising events: direct expenses
$33,164
-
8c · Net income from fundraising events
total -$23,313 · excluded -$23,313
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $250,478 · program services $15,866 · management and general $195,491 · fundraising $39,121
-
7 · Other salaries and wages
total $2,948,596 · program services $2,632,689 · management and general $247,612 · fundraising $68,295
-
8 · Pension plan contributions
total $102,643 · program services $94,747 · management and general $6,413 · fundraising $1,483
-
9 · Other employee benefits
total $408,489 · program services $353,639 · management and general $46,827 · fundraising $8,023
-
10 · Payroll taxes
total $218,939 · program services $182,591 · management and general $29,264 · fundraising $7,084
-
11c · Fees: accounting
total $109,693 · management and general $109,693
-
12 · Advertising and promotion
total $22,201 · program services $4,932 · management and general $14,813 · fundraising $2,456
-
13 · Office expenses
total $110,706 · management and general $109,524 · fundraising $1,182
-
14 · Information technology
total $75,686 · program services $62,589 · management and general $6,679 · fundraising $6,418
-
16 · Occupancy
total $310,844 · program services $248,632 · management and general $57,492 · fundraising $4,720
-
23 · Insurance
total $22,940 · program services $19,131 · management and general $3,067 · fundraising $742
-
24a · Other expenses: STUDENT SUPPORT
total $903,994 · program services $903,994
-
24b · Other expenses: STUDENT FOOD
total $200,136 · program services $200,136
-
24c · Other expenses: BOOKS & SUPPLIES
total $145,689 · program services $145,689
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $983,894 · end of year $842,586
-
2 · Savings and temporary cash investments
beginning of year $607,534 · end of year $511,288
-
3 · Pledges and grants receivable
beginning of year $1,858,676 · end of year $0
-
4 · Accounts receivable
beginning of year $10,000 · end of year $10,652
-
9 · Prepaid expenses and deferred charges
beginning of year $85,700 · end of year $65,989
-
10a · Land, buildings and equipment: cost or other basis
$506,688
-
10b · Land, buildings and equipment: accumulated depreciation
$259,499
-
10c · Land, buildings and equipment, net
beginning of year $5,013 · end of year $247,189
-
11 · Investments: publicly traded securities
end of year $1,898,323
-
15 · Other assets
beginning of year $831,535 · end of year $1,414,465
-
17 · Accounts payable and accrued expenses
beginning of year $158,638 · end of year $670,169
-
25 · Other liabilities
beginning of year $1,138,521 · end of year $1,389,481
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $3,085,193 · end of year $2,930,842
Mission and programs · 2022
Mission
RAINIER PREP PROVIDES PUBLIC EDUCATION TO STUDENTS IN GRADES 5-8 IN THE HIGHLINE AREA NEAR SEATTLE/TACOMA. RAINIER PREP SEEKS TO PREPARE STUDENTS FOR COLLEGE, CAREER READINESS, AND TO BECOME LEADERS IN THEIR COMMUNITIES.
Activities or mission (Part I)
RAINIER PREP IS A RIGOROUS, COLLEGE PREPARATORY, PUBLIC 5TH - 8TH GRADE CHARTER SCHOOL.
-
RAINIER PREP PROVIDES PUBLIC EDUCATION TO STUDENTS IN GRADES 5-8 IN THE HIGHLINE AREA NEAR SEATTLE/TACOMA. RAINIER PREP SEEKS TO PREPARE STUDENTS FOR COLLEGE, CAREER READINESS, AND TO BECOME LEADERS IN THEIR COMMUNITIES. 332 STUDENTS WERE ENROLLED IN THE 2022/2023 SCHOOL YEAR.
Expenses $4,864,635 · Revenue $4,342,227
As filed on the 2022 return.
Listed in Part VII
-
Andy JassyANDY JASSY
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Guy PalumboGUY PALUMBO
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Robin MendelsonROBIN MENDELSON
TREASURER FROM 04/23
- Total calculated
- $0
- Hours/week
- 5
-
Sean BoyleSEAN BOYLE
TREASURER THRU 07/23
- Total calculated
- $0
- Hours/week
- 5
-
Ed TaylorED TAYLOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Bob KimbalBOB KIMBAL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Peter OrserPETER ORSER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Sherry WilliamsSHERRY WILLIAMS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Elizabeth BurkeELIZABETH BURKE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Nashra RrahamNASHRA RRAHAM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Sara SmithSARA SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Max SivermanMAX SIVERMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Karen LobosKAREN LOBOS
EXECUTIVE DIRECTOR
- Total calculated
- $150,590
- From this org
- $123,537
- From related orgs
- $0
- Other
- $27,053
- Hours/week
- 70
Schedule J breakdown matched by us
- Base
- $123,537
- Bonus
- $0
- Other
- $0
- Deferred
- $14,741
- Nontaxable benefits
- $12,312
- Filer's total
- $150,590
-
Kamille Phillips-DyeKAMILLE PHILLIPS-DYE
CFO
- Total calculated
- $133,025
- From this org
- $107,972
- From related orgs
- $0
- Other
- $25,053
- Hours/week
- 40
-
Morgan FernandezMORGAN FERNANDEZ
PRINCIPAL
- Total calculated
- $150,011
- From this org
- $120,021
- From related orgs
- $0
- Other
- $29,990
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $120,021
- Bonus
- $0
- Other
- $0
- Deferred
- $17,678
- Nontaxable benefits
- $12,312
- Filer's total
- $150,011
-
Timothy TranTIMOTHY TRAN
ASSISTANT PRINCIPAL
- Total calculated
- $136,176
- From this org
- $108,090
- From related orgs
- $0
- Other
- $28,086
- Hours/week
- 40
-
Shannon MoeSHANNON MOE
DIRECTOR OF COLLEGE SUCCESS
- Total calculated
- $131,354
- From this org
- $102,572
- From related orgs
- $0
- Other
- $28,782
- Hours/week
- 40
-
Stacy Tiffany-DiazSTACY TIFFANY-DIAZ
TEACHER
- Total calculated
- $133,327
- From this org
- $105,613
- From related orgs
- $0
- Other
- $27,714
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421949349301517
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.