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Hawaii · Nonprofit

RAINBOW SCHOOL

RAINBOW SCHOOL (Hawaii) receives grants from 2 organizations whose IRS filings report $121,225 to it, the largest being SAMUEL N & MARY CASTLE FDN ($120,000). 2 of them have funded it in more than one year.

Revenue FY2025
$5.9M
Funders on record
2
Grants received
$121k
Net assets
$4.8M
2/2 repeat funderspeak grant-dependency 2%
01What it does

What Rainbow School does

Mission

The mission of Rainbow Schools is to provide the highest quality experience to the childeren of hawaii without regard for income or ethnic background.

As stated on its FY2025 Form 990.

Program

  1. Preschools/food service: five preschools served approximately 320 students and employed 80 faculty and staff. Our services are intended to meet the needs of young children between the ages of two and five years old. The state of hawaii department of human services licenses all of our locations. In addition, all of our sites are required to actively seek accreditation by the national association for the education of young children or the national early childhood program accreditation. Consistent with the schools' exempt purposes, meals are provided for these programs.

    $5,034,870 spentof which $39,670 as grants$5,013,899 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $5,034,870.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($3.8M) Expenses 100 ($4.0M) Net assets 100 ($1.6M)2018 Revenue 102 ($3.9M) Expenses 98 ($3.9M) Net assets 97 ($1.5M)2019 Revenue 94 ($3.6M) Expenses 94 ($3.8M) Net assets 84 ($1.3M)2020 Revenue 78 ($3.0M) Expenses 86 ($3.5M) Net assets 53 ($820k)2021 Revenue 110 ($4.2M) Expenses 83 ($3.3M) Net assets 107 ($1.7M)2022 Revenue 129 ($4.9M) Expenses 95 ($3.8M) Net assets 176 ($2.7M)2023 Revenue 135 ($5.1M) Expenses 101 ($4.1M) Net assets 245 ($3.8M)2024 Revenue 148 ($5.6M) Expenses 120 ($4.8M) Net assets 295 ($4.6M)2025 Revenue 154 ($5.9M) Expenses 140 ($5.6M) Net assets 310 ($4.8M)
'17'18'19'20'21'22'23'24'25
Revenue (154)Expenses (140)Net assets (310)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $2.8M to $3.8M (+39%).

$1.9M
$1.9M
$1.7M
$1.8M
$2.8M
$3.8M
$4.7M
$5.7M
$5.8M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 5% · 2018 5% · 2019 6% · 2020 4% · 2021 15% · 2022 31% · 2023 24% · 2024 24% · 2025 4%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$233k
’17
−$52k
’18
−$234k
’19
−$494k
’20
$841k
’21
$1.1M
’22
$1.1M
’23
$777k
’24
$235k
’25
9.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed788976688
Joined·+1+2+3+2+0+0+2+1
No longer listed·02241001
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $60k → $349.

Funder
'20
'21
'22
'23
total
funders
2
2
2
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of RAINBOW SCHOOL’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

RAINBOW SCHOOL leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 99% · 2022 97% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of RAINBOW SCHOOL's grant income comes from Hawaii funders.

HI

In-state vs out-of-state, by year

’20
’21
’22
Hawaii out of state home

Funder states come from each funder’s own filing. $1k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like RAINBOW SCHOOL

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Hawaii

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 10%Fundraising 1%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for RAINBOW SCHOOL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds RAINBOW SCHOOL?
RAINBOW SCHOOL (Hawaii) receives grants from 2 organizations whose IRS filings report $121,225 to it, the largest being SAMUEL N & MARY CASTLE FDN ($120,000). 2 of them have funded it in more than one year.
How many funders does RAINBOW SCHOOL have?
IRS filings report 2 organizations giving $121,225 in grants to RAINBOW SCHOOL, 2 of which have funded it in more than one year.
Who is the largest funder of RAINBOW SCHOOL?
SAMUEL N & MARY CASTLE FDN is the largest funder on record, with $120,000 in grants. The full list of funders is on this page.
How can an organization like RAINBOW SCHOOL find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Hawaii. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Rainbow School →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing