Totals
- Total revenue
- $485,910
- Total expenses
- $363,659
- Contributions and grants received
- $487,317
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$1,407
- Total assets, end of year
- $259,852
- Total liabilities, end of year
- $27,974
- Net assets or fund balances, end of year
- $231,878
- Program services expenses (Part IX)
- $303,789
- Management and general expenses
- $41,660
- Fundraising expenses
- $18,210
- Program service expenses (Part III)
- $303,789
Program services were 83.5% 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.
-
1e · Government grants (contributions)
$113,640
-
1f · All other contributions, gifts and grants
$373,677
-
8a · Fundraising events: gross income
$3,545
-
8b · Fundraising events: direct expenses
$4,952
-
8c · Net income from fundraising events
total -$1,407
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $90,414 · program services $90,414
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $5,204 · program services $1,500 · management and general $3,704
-
10 · Payroll taxes
total $8,311 · program services $7,782 · management and general $529
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $9,294 · management and general $9,294
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $92,388 · program services $79,741 · management and general $647 · fundraising $12,000
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $18,368 · program services $12,990 · management and general $3,968 · fundraising $1,410
-
14 · Information technology
total $10,095 · program services $931 · management and general $8,568 · fundraising $596
-
15 · Royalties
total $0
-
16 · Occupancy
total $2,620 · program services $1,260 · management and general $1,360
-
17 · Travel
total $27,264 · program services $19,798 · management and general $3,262 · fundraising $4,204
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $1,562 · program services $1,562
-
20 · Interest
total $1,681 · management and general $1,681
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $12,973 · program services $4,910 · management and general $8,063
-
24a · Other expenses: Youth Council
total $22,503 · program services $22,503
-
24b · Other expenses: Storytelling
total $15,010 · program services $15,010
-
24c · Other expenses: Sports Lab
total $18,806 · program services $18,806
-
24d · Other expenses: Other Program
total $20,291 · program services $20,291
-
24e · All other expenses
total $6,875 · program services $6,291 · management and general $584
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $116,778 · end of year $250,038
-
8 · Inventories for sale or use
end of year $3,563
-
9 · Prepaid expenses and deferred charges
beginning of year $3,357 · end of year $3,357
-
10a · Land, buildings and equipment: cost or other basis
$2,871
-
10c · Land, buildings and equipment, net
beginning of year $1,456 · end of year $2,871
-
15 · Other assets
end of year $23
-
17 · Accounts payable and accrued expenses
beginning of year $12,311 · end of year $10,753
-
25 · Other liabilities
end of year $17,221
-
27 · Net assets without donor restrictions
beginning of year $109,280 · end of year $231,878
Mission and programs · 2023
Mission
Rainbow Labs emboldens Queer and Gender Nonconforming Youth to discover, curate, and experiment with the elements of a fulfilled life through community building and the lived experiences of mentors.
-
Sports Lab Sports Lab delivers sports clinics and sports team programming for LGBTQ youth.
Expenses $84,864
-
Storytelling Lab Storytelling Lab is an 8-10 week mentoring program for LGBTQ youth where they learn the art of storytelling while embracing all of their varying identities.
Expenses $70,264
-
Accelerator Lab A 8 to 10 week mentoring program where LGBTQ youth team up to pitch the next big idea while also learning about future careers and being paired with LGBTQ professionals.
Expenses $51,484
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Michael Daly
Director
- Total calculated
- $0
- Hours/week
- 5
-
Victoria Flynn
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Jacob Toups
Executive Director
- Total calculated
- $0
- Hours/week
- 40
-
Jose Diaz
Director
- Total calculated
- $0
- Hours/week
- 5
-
Christian Green
Director
- Total calculated
- $0
- Hours/week
- 5
-
Brittany Jones
Director
- Total calculated
- $0
- Hours/week
- 5
-
Nicole Krakoff
Board Chair
- Total calculated
- $0
- Hours/week
- 8
-
Terrell Strayhorn
Secretary
- Total calculated
- $0
- Hours/week
- 8
-
Eleazar Saldivia
Director
- Total calculated
- $0
- Hours/week
- 5
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 9 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202432229349300328
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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