Rainbow Labs Mentoring Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 863680722 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Rainbow Labs Mentoring Inc?

Rainbow Labs Mentoring Inc, situated in Los Angeles, California, is a small yet impactful nonprofit organization. Their primary focus is on empowering LGBTQ and Gender Nonconforming youth through a unique summer mentoring program called "One Bold Summer." This program combines their Storytelling and Accelerator Labs, providing a platform for young individuals to learn and grow. The organization's mission is to encourage self-discovery, personal curation, and experimentation with the elements of a fulfilling life, leveraging the lived experiences of mentors to foster a supportive community. With a team of just one dedicated employee, Rainbow Labs Mentoring Inc is making a significant difference in the lives of its beneficiaries.


Official website here: www.rainbowlabs.org

Is Rainbow Labs Mentoring Inc legitimate?

Rainbow Labs Mentoring Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rainbow Labs Mentoring Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $29,364
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.rainbowlabs.org

What is the mission statement of Rainbow Labs Mentoring Inc?

Rainbow Labs Mentoring Inc's mission is to empower Queer and Gender Nonconforming Youth, encouraging them to explore and shape their paths to a fulfilling life. This is achieved through community building and the guidance of mentors who share their personal experiences. One of their initiatives, the "One Bold Summer" program, is a combination of storytelling and accelerator labs, designed specifically for LGBTQ youth.


Official website here: www.rainbowlabs.org

Who is the CEO of Rainbow Labs Mentoring Inc?

Jacob Toups is the Director of Rainbow Labs Mentoring Inc.


Official website here: www.rainbowlabs.org

What is the revenue of Rainbow Labs Mentoring Inc?

Rainbow Labs Mentoring Inc's revenue in 2022 was $516,871.


Official website here: www.rainbowlabs.org

Who are the executives of Rainbow Labs Mentoring Inc and what are their salaries?

The average compensation at Rainbow Labs Mentoring Inc during 2022 was $29,364. There is 1 employee and 32 volunteers at Rainbow Labs Mentoring Inc.


Here are 7 key members and their salaries:


Luis Vasquez (Director)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Diandra Bremond (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Daly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Flynn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eleazar Saldivia (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Toups (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Diaz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rainbowlabs.org

Where can I find the form 990 for Rainbow Labs Mentoring Inc?

Rainbow Labs Mentoring Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rainbowlabs.org

Learn more at the official website: www.rainbowlabs.org

Mission Statement of Rainbow Labs Mentoring Inc

Rainbow Labs Mentoring Inc is an organization dedicated to empowering Queer and Gender Nonconforming Youth. Their mission is to inspire these young individuals to explore, shape, and experience the components of a meaningful life. This is achieved through fostering a supportive community and leveraging the real-life experiences of mentors.

In essence, Rainbow Labs Mentoring Inc serves as a platform that encourages Queer and Gender Nonconforming Youth to embark on a self-discovery journey. They provide a safe space where these young people can curate and experiment with the elements that contribute to a fulfilling life. The organization achieves this by drawing upon the wisdom and experiences of mentors who have walked similar paths.

Their mission is not just about guiding these youth, but also about allowing them to take charge of their own lives. Rainbow Labs Mentoring Inc believes in the power of community building and the transformative impact of shared experiences. By offering a supportive environment and drawing upon the insights of mentors, they aim to equip Queer and Gender Nonconforming Youth with the tools they need to lead fulfilling lives.

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Impact




July, 2024

Rainbow Labs Mentoring Inc is making a significant impact by empowering Queer and Gender Nonconforming Youth in Los Angeles, CA, to explore and navigate the intricacies of a fulfilling life through community engagement and mentorship. One of their key initiatives, One Bold Summer, offers a unique summer mentoring program that combines Storytelling and Accelerator Labs to support LGBTQ individuals in their personal growth and development. By providing a safe space for youth to connect, learn, and express themselves, Rainbow Labs is playing a vital role in fostering inclusive environments and supporting the well-being of young individuals.




This information is meant to be a general summary of Rainbow Labs Mentoring Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$516,871 (2022)
Expenses
$467,104 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $516,871

Assets and Liabilities:

  • Total Assets: $121,591
  • Total Liabilities: $12,311
  • Net Assets: $109,280

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Organization Details

Founding Year

2021

Principal Officer

Jacob Toups

Main Address

1037 N Gardner Street APT 1, Los Angeles, CA, 90046

NTEE Category

Code: O30 - Youth development

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