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Nonprofiteer
← RAINBOW ACRES

Form 990 for tax year 2024

Filed by RAINBOW ACRES.

What the amendment changed

Compared with the return it replaced , filed 17 November 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$8,318,774 changed to $8,540,684
Total expenses
$8,462,981 changed to $7,896,489
Contributions and grants received
$3,183,656 changed to $4,389,541
Program service revenue
$4,753,489 changed to $3,803,928
Investment income
$236,556 changed to $239,554
Other revenue
$145,073 changed to $107,661
Total assets, end of year
$18,398,664 changed to $19,994,775
Total liabilities, end of year
$3,185,087 changed to $3,477,161
Net assets or fund balances, end of year
$15,213,577 changed to $16,517,614
Program services expenses
$6,533,557 changed to $6,106,808
Management and general expenses
$1,307,371 changed to $1,254,186
Fundraising expenses
$622,053 changed to $535,495
Program service expenses (Part III)
$6,533,557 changed to $6,106,808

Listed only on the earlier return

  • Paul Higgins
  • Valoria Cheek

Listed only on the later return

  • Paul Higgines
  • Valorie Cheek

Listed under a different title

  • Michael Prochelo: PRESIDENT/CE then PRESIDENT & CEO (THRU 09/25)

Totals

Total revenue
$8,540,684
Total expenses
$7,896,489
Contributions and grants received
$4,389,541
Grants paid
$0
Program service revenue
$3,803,928
Investment income
$239,554
Other revenue
$107,661
Total assets, end of year
$19,994,775
Total liabilities, end of year
$3,477,161
Net assets or fund balances, end of year
$16,517,614
Program services expenses (Part IX)
$6,106,808
Management and general expenses
$1,254,186
Fundraising expenses
$535,495
Program service expenses (Part III)
$6,106,808

Program services were 77.3% 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

    $33,841

  • 1e · Government grants (contributions)

    $1,196,484

  • 1f · All other contributions, gifts and grants

    $3,159,216

  • 1g · Noncash contributions included above

    $248,063

  • 2a · Program service revenue: RANCHER FEES

    total $3,794,088 · related or exempt $3,794,088

  • 2b · Program service revenue: RANCHER CRAFT SALES

    total $9,840 · related or exempt $9,840

  • 3 · Investment income

    total $141,852 · excluded $141,852

  • 5 · Royalties

    total $5,823 · excluded $5,823

  • 6a · Gross rents

    real property $80,585

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $80,585

  • 6d · Net rental income or loss

    total $80,585 · excluded $80,585

  • 7a · Gross sales of assets other than inventory

    securities $762,071 · other assets $11,418

  • 7b · Less cost or other basis and sales expenses

    securities $672,912 · other assets $2,875

  • 7c · Gain or loss

    securities $89,159 · other assets $8,543

  • 7d · Net gain or loss

    total $97,702 · excluded $97,702

  • 8a · Fundraising events: gross income

    $16,400

  • 8a · Fundraising events: contributions included on line 1c

    $33,841

  • 8b · Fundraising events: direct expenses

    $30,507

  • 8c · Net income from fundraising events

    total -$14,107 · excluded -$14,107

  • 10a · Gross sales of inventory

    $4,301

  • 10b · Cost of goods sold

    $3,962

  • 10c · Net income from sales of inventory

    total $339 · excluded $339

  • 11a · Other revenue: INSURANCE CLAIM

    total $23,858 · excluded $23,858

  • 11b · Other revenue: MISCELLANEOUS REVENUE

    total $11,163 · excluded $11,163

  • 11e · Other revenue, total

    $35,021

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $301,407 · program services $76,425 · management and general $148,557 · fundraising $76,425

  • 7 · Other salaries and wages

    total $3,846,617 · program services $3,230,117 · management and general $357,547 · fundraising $258,953

  • 8 · Pension plan contributions

    total $62,775 · program services $50,830 · management and general $7,105 · fundraising $4,840

  • 9 · Other employee benefits

    total $390,483 · program services $323,653 · management and general $38,944 · fundraising $27,886

  • 10 · Payroll taxes

    total $313,380 · program services $250,704 · management and general $37,606 · fundraising $25,070

  • 11a · Fees: management

    total $2,794 · management and general $2,794

  • 11b · Fees: legal

    total $6,558 · management and general $6,558

  • 11c · Fees: accounting

    total $21,360 · management and general $21,360

  • 11f · Fees: investment management

    total $5,140 · management and general $5,140

  • 11g · Fees: other

    total $205,053 · program services $22,380 · management and general $178,213 · fundraising $4,460

  • 12 · Advertising and promotion

    total $32,548 · management and general $4,882 · fundraising $27,666

  • 13 · Office expenses

    total $189,263 · program services $73,012 · management and general $75,649 · fundraising $40,602

  • 14 · Information technology

    total $34,328 · program services $13,573 · management and general $968 · fundraising $19,787

  • 16 · Occupancy

    total $520,243 · program services $450,010 · management and general $59,828 · fundraising $10,405

  • 17 · Travel

    total $57,062 · program services $37,427 · management and general $1,691 · fundraising $17,944

  • 19 · Conferences, conventions and meetings

    total $12,663 · management and general $4,982 · fundraising $7,681

  • 20 · Interest

    total $95,564 · program services $95,564

  • 22 · Depreciation, depletion and amortization

    total $496,103 · program services $429,129 · management and general $57,052 · fundraising $9,922

  • 23 · Insurance

    total $158,104 · program services $133,215 · management and general $21,035 · fundraising $3,854

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $611,079 · program services $404,454 · management and general $206,625

  • 24b · Other expenses: PROGRAM SUPPLIES/EXPENS

    total $479,527 · program services $479,527

  • 24c · Other expenses: VEHICLE MAINTENANCE

    total $36,788 · program services $36,788

  • 24d · Other expenses: OTHER EXPENSES

    total $17,650 · management and general $17,650

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $431,915 · end of year $493,847

  • 2 · Savings and temporary cash investments

    beginning of year $68,162 · end of year $11,520

  • 3 · Pledges and grants receivable

    end of year $1,521,190

  • 4 · Accounts receivable

    beginning of year $4,285 · end of year $123,787

  • 5 · Loans and receivables from officers and key people

    beginning of year $221,000

  • 8 · Inventories for sale or use

    beginning of year $27,083 · end of year $27,068

  • 9 · Prepaid expenses and deferred charges

    beginning of year $32,752 · end of year $37,061

  • 10a · Land, buildings and equipment: cost or other basis

    $19,556,451

  • 10b · Land, buildings and equipment: accumulated depreciation

    $8,088,538

  • 10c · Land, buildings and equipment, net

    beginning of year $10,682,304 · end of year $11,467,913

  • 11 · Investments: publicly traded securities

    beginning of year $4,756,724 · end of year $5,908,828

  • 12 · Investments: other securities

    beginning of year $308,672 · end of year $372,661

  • 15 · Other assets

    beginning of year $26,030 · end of year $30,900

  • 17 · Accounts payable and accrued expenses

    beginning of year $473,892 · end of year $576,873

  • 19 · Deferred revenue

    end of year $258,293

  • 23 · Secured mortgages and notes payable

    beginning of year $896,000 · end of year $2,513,402

  • 25 · Other liabilities

    beginning of year $152,330 · end of year $128,593

  • 27 · Net assets without donor restrictions

    beginning of year $10,170,309 · end of year $11,527,747

  • 28 · Net assets with donor restrictions

    beginning of year $4,866,396 · end of year $4,989,867

Mission and programs · 2024

Mission

RAINBOW ACRES, A CHRISTIAN COMMUNITY WITH HEART, EMPOWERS PERSONS WITH DEVELOPMENTAL DISABILITIES TO LIVE TO THEIR FULLEST POTENTIAL WITH DIGNITY AND PURPOSE.

Activities or mission (Part I)

TO EMPOWER PERSONS WITH DEVELOPMENTAL DISABILITIES TO LIVE TO THEIR FULLEST POTENTIAL.

  • TO PROVIDE EXCEPTIONAL HOUSING, LIFE-ENRICHING PROGRAMS, AND LOVING, HOLISTIC CARE IN A SAFE, VIBRANT, INCLUSIVE RANCH-STYLE COMMUNITY THAT EMPOWERS PERSONS WITH DEVELOPMENTAL DISABILITIES TO ACHIEVE MENTAL, PHYSICAL, SOCIAL, SPIRITUAL, AND VOCATIONAL GROWTH TO THEIR FULLEST POTENTIAL.

    Expenses $6,106,808 · Revenue $3,803,928

As filed on the 2024 return.

Listed in Part VII

  • Karla Dye

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Kathryn M Mikesh Houser

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Ray Harton

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Linda Roos

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Mary Shafer-Malicki

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Mark Bowden

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Valorie Cheek

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Art Endres

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Cecy Gilbert

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Joshua Koh

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Mike Kowalski

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John Macklem III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John D Napolitan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Andy Quient

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Mark Showers

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michael Warren

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Paul Higgines

    PRESIDENT & CEO

    Total calculated
    $139,973
    From this org
    $128,231
    From related orgs
    $0
    Other
    $11,742
    Hours/week
    40

  • Michael Prochelo

    PRESIDENT & CEO (THRU 09/25)

    Total calculated
    $161,434
    From this org
    $151,771
    From related orgs
    $0
    Other
    $9,663
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,771
    Bonus
    $0
    Other
    $0
    Deferred
    $500
    Nontaxable benefits
    $9,163
    Filer's total
    $161,434

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 · 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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
3 September 2026
IRS schema version
2024v5.5
Source object
202632469349301438

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