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Rainbow School and Day Care Center Inc

EIN 84-0747586 · Telluride, CO

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood86 out of 100GovernanceFair56 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SEE SCHEDULE O

Income
$675,230
Spending
$682,579
Spent on programs
86%
Reserves
8.7 months of spending
Largest source of income
fees for its services, 75%
Employees
21
Volunteers
15
Highest pay
$102,777, program director

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 86 out of 100.

  • Reserves

    28 of 35

    Spendable reserves would cover 8.7 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 1% of income.

  • Income trend

    15 of 15

    Income rose 4% on the year before.

  • Spending floor

    15 of 15

    86% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 56 out of 100.

  • Independent board

    25 of 25

    9 of 9 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $585,583 spent. THE RAINBOW PRESCHOOL ORGANIZATION CONSISTS OF THREE EARLY CHILDHOOD EDUCATION PROGRAMS: RASCALS TODDLER PROGRAM, RAINBOW PRESCHOOL AND ROCKIES SCHOOL AGE PROGRAM. RASCALS SERVES CHILDREN AGES 1-3 AND TAKES UP TO 10 KIDS A DAY. RAINBOW PRESCHOOL SERVES CHILDREN AGES 2 YEARS AND 9 MONTHS TO 5 AND TAKES UP TO 16 KIDS A DAY. ROCKIES SCHOOL AGE PROGRAM SERVES CHILDREN AGES 5-8, TAKES UP TO 20 KIDS A DAY AND IS BOTH AN AFTER SCHOOL PROGRAM AND SUMMER CA,THIS PAST YEAR, RAINBOW, ROCKIES AND RASCALS RECEIVED SCHOLARSHIP FUNDING FROM TEMPLE HOYNE BUELL FOUNDATION, STRONG START AND JUST FOR KIDS AS WELL AS FUNDING FOR ENRICHMENT PROGRAMS THROUGH CCAASE. IN THE PAST YEAR, ALL RRR STAFF COMPLETED THEIR PROFESSIONAL DEVELOPMENT COURSEWORK. THE RAINBOW LEAD TEACHER COMPLETED ECE 101 AND 103. RAINBOW PRESCHOOL ASSESSED AND DOCUMENTED ALL OF THEIR CHILDREN LAST YEAR THROUGH THE TEACHING STRATEGIES GOLD ASSESSMENT PROGRAM THROUGH COLORADO SHINES. TWO TEACHERS AT RAINBOW PRESCHOOL HAVE REACHED HIGH FIDELITY THROUGH BEING ASSESSED WITH THE TPOT TOOL IN RATING THEIR ABILITY TO USE THE PYRAMID MODEL IN THE CLASSROOM. RAINBOW AND ROCKIES HAVE CHILDREN IN THEIR PROGRAMS THAT USE CCCAP FUNDS AND WE PARTNER WITH SAN MIGUEL SOCIAL SERVICES TO COORDINATE THE FUNDS FOR THIS. RAINBOW PRESCHOOL IS PROUD TO ANNOUNCE THAT WE WENT THROUGH THE COLORADO SHINES RATING PROCESS IN THE SPRING OF 2023 AND RECEIVED A LEVEL 5 RATING, THE HIGHEST LEVEL YOU CAN ACHIEVE! WE ARE PLANNING ON GOING THROUGH THE RATING PROCESS YET AGAIN THIS MARCH.OUR ORGANIZATION GAVE OVER $20,000 IN SCHOLARSHIP FUNDS TO 17 FAMILIES IN ALL THREE OF OUR PROGRAMS FROM SEPTEMBER 2023-SEPTEMBER 2024. THE RAINBOW PRESCHOOL ORGANIZATION GAVE TWO $1,000 SCHOLARSHIPS TO GRADUATING SENIORS FROM THS WHO WERE ALUMNI OF RAINBOW PRESCHOOL. SCHOLARSHIP MATERIALS AND REGISTRATIONS FOR ROCKIES AND RAINBOW HAVE BEEN TRANSLATED INTO SPANISH WITH THE HELP OF TRI- COUNTY HEALTH. ALL THREE PROGRAMS NOW USE GOOGLE TRANSLATE AND TRANSLATORS FROM TRI-COUNTY HEALTH TO COMMUNICATE WITH SPANISH SPEAKING PARENTS. RAINBOW, ROCKIES AND RASCALS RAISED OVER $44,000 AT OUR SILENT/LIVE AUCTION FUNDRAISER THIS PAST SPRING AND WE HAVE ADDED ANOTHER FALL FUNDRAISER, WHICH IS A HALLOWEEN THEMED BINGO PARTY IN LATE OCTOBER!RAINBOW, ROCKIES AND RASCALS IS DEDICATED TO BEING AN INCLUSIVE AND DIVERSE ORGANIZATION. ALL PROGRAMS OUTREACH TO THE LOCAL HISPANIC COMMUNITY BY PARTNERING WITH TRI-COUNTY HEALTH FOR TRANSLATION SERVICES WHEN NEEDED AS WELL AS SAN MIGUEL SOCIAL SERVICES. ALL PROGRAMS HAVE TRANSLATED THEIR REGISTRATION PAPERWORK AND UTILIZE GOOGLE TRANSLATE FOR ALL EMAIL COMMUNICATION. RRR IS PROUD TO HAVE 4% OF OUR STUDENTS IN OUR PROGRAMS FROM THE LATINO COMMUNITY.

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending August 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 1979.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.