Overview
What is Rainbow School?
Rainbow School is a nonprofit organization situated in Kahuku, Hawaii. With a primary focus on early childhood education, it serves approximately 259 students aged between two and five years old. The institution operates five preschools, employing a team of 70 faculty and staff members. Rainbow School is dedicated to providing a high-quality educational experience for children, irrespective of their income or ethnic background. The state of Hawaii Department of Human Services licenses all of its locations, and it actively pursues accreditation by the National Association for the Education of Young Children. Consistent with its exempt purposes, the school provides meals for its programs, ensuring the holistic development of the young learners.
Official website here: www.rainbowschools.com
What are the reviews and ratings of this charity?
77% rating from Charity Navigator signifies a Three-Star out of Four Stars status for Rainbow School, reflecting a solid performance in accountability and finance. This score is derived entirely from a single beacon score, which highlights the charity's commitment to maintaining transparency and responsible financial practices.
The organization excels in several areas, including having a fully independent board and no material diversion of assets. It also demonstrates strong governance policies, such as a conflict of interest and whistleblower policy, and consistently documents board meeting minutes. Furthermore, the program expense ratio of 85.59% indicates that a significant portion of its funds directly supports its programs.
However, while the overall score is commendable, the reliance on a single beacon score may limit a more comprehensive view of organizational effectiveness. Stakeholders may benefit from additional insights into the charity’s long-term impact and effectiveness beyond financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Rainbow School legitimate?
Rainbow School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rainbow School 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: $111,673
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,168,690
For more financial information, click here
Official website here: www.rainbowschools.com
What is the mission statement of Rainbow School?
Rainbow School's mission is centered around providing an exceptional educational experience for children, regardless of their income or ethnic background. The school strives to cater to the needs of young children between the ages of two and five years old, serving approximately 259 students across five preschools. The faculty and staff, numbering around 70, are committed to this mission. Rainbow School is licensed by the State of Hawaii's Department of Human Services and actively seeks accreditation by the National Association for the Education of Young Children, demonstrating their dedication to maintaining high standards. Consistent with the school's exempt purposes, nutritious meals are also provided for these programs.
Official website here: www.rainbowschools.com
Who is the CEO of Rainbow School?
Diana S Bonsignore is the President/Se of Rainbow School.
Official website here: www.rainbowschools.com
What is the revenue of Rainbow School?
Rainbow School's revenue in 2022 was $4,902,562.
Official website here: www.rainbowschools.com
Who are the executives of Rainbow School and what are their salaries?
The average compensation at Rainbow School during 2022 was $27,809. There are 82 employees and 6 volunteers at Rainbow School.
Here are 6 key members and their salaries:
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- Compensation: $94,758
- Related: $0
- Other: $7,128
Official website here: www.rainbowschools.com
Where can I find the form 990 for Rainbow School?
Rainbow School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rainbowschools.com
Learn more at the official website: www.rainbowschools.com
Mission Statement of Rainbow School
Rainbow Schools, a nonprofit organization, is committed to providing an exceptional educational experience for the children of Hawaii, irrespective of their income or ethnic background. The mission of Rainbow Schools is to cater to the needs of young children between the ages of two and five years old, offering them a high-quality learning environment. To ensure the highest standards, Rainbow Schools adheres to the licensing regulations set by the State of Hawaii Department of Human Services and actively pursues accreditation by the National Association for the Education of Young Children for all its locations. Consistent with its mission, Rainbow Schools provides meals as part of its programs, aiming to support the overall well-being of its students.
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Impact
July, 2024
Rainbow School's impact is significant in providing high-quality early childhood education experiences to children in Hawaii. With five preschools serving approximately 259 students and employing 70 faculty and staff members, Rainbow School aims to meet the needs of young children aged between two and five years old. All of their locations are licensed by the State of Hawaii Department of Human Services and actively seek accreditation by the National Association for the Education of Young Children.
By offering educational services without regard for income or ethnic background, Rainbow School is helping to ensure that children in Hawaii have access to quality early childhood education, setting a strong foundation for their future learning and development.
This information is meant to be a general summary of Rainbow School. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,562
- Program Service Revenue: $3,285,559
- Gross Receipts: $4,902,562
Assets and Liabilities:
- Total Assets: $3,827,129
- Total Liabilities: $1,090,361
- Net Assets: $2,736,768
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$3,285,559
Organization Details
Founding Year
1972
Phone
(808) 293-9341Principal Officer
Diana S Bonsignore
Main Address
56-463 KAMEHAMEHA HIGHWAY, KAHUKU, HI, 96731
Website
www.rainbowschools.comNTEE Category
Code: B21 - Education
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