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Nonprofit · EIN 41-2148602

RAINBOW ACCESS INITIATIVE INC

Also known as ARLENE LEV

Tax-exempt (reinstated) · ALBANY, NY 12206

Financials

$343K$263K2023$747K$765K2024
Revenue Expenses · by fiscal year end
Financials of RAINBOW ACCESS INITIATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$747,486$764,919-$17,433$120,989$33,127$87,862
December 31, 2023990$343,430$263,433$79,997$116,070$11,345$104,725
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$320,712
of which government grants
$310,528
Program service revenue
$426,774
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$89,247
Other salaries and wages
$500,850
Salaries, compensation and benefits (total)
$646,172
Professional fundraising fees
$0
Accounting fees
$242
Occupancy
$39,600
Travel
$592
Program services (functional)
$659,929
Management and general (functional)
$87,985
Fundraising (functional)
$17,005

Balance sheet and other

Total assets, start of year
$116,070
Total assets, end of year
$120,989
Total liabilities, end of year
$33,127
Net assets, end of year
$87,862
Net assets without donor restrictions
$87,862
Gross receipts
$747,486
Employees
13
Volunteers
13
Year formed
2019
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Megan O'MearaExecutive Dir.
Officer
40$89,247$3,467
Acey MercerPresident
Trustee or director, Officer
12$0$0
Brianna GaddyVice President
Trustee or director, Officer
2$0$0
Taylor EdelmannSecretary
Trustee or director, Officer
1$0$0
Marina FairchildTreasurer
Trustee or director, Officer
4$0$0
Kitty McLeodDirector
Trustee or director
0.5$0$0
Jeremy BoyceDirector
Trustee or director
0.5$0$0
Nicole BromleyDirector
Trustee or director
0.5$0$0
Nicole BromleyDirector
Trustee or director
0.5$0$0
Michael MurphyDirector
Trustee or director
0.5$0$0
Lauren LaCorazzaDirector
Trustee or director
0.5$0$0
April MarcopolosDirector
Trustee or director
0.5$0$0
Vicky CassisDirector
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
ACEY MERCERPRESIDENT
Trustee or director, Officer
12$0
ARELENE LEVVICE PRESIDENT
Trustee or director, Officer
2$0
JEREMY BOYCESECRETARY
Trustee or director, Officer
1$0
MARINA FRANCHILDTREASURER
Trustee or director, Officer
4$0
BRIAN FARRMEMBER
Trustee or director
0.5$0
TERI WILHELMMEMBER
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
10 COLVIN AVE STE 106, ALBANY, NY 12206-1242
In care of
% GEORGE WILKERSON
Mailing address (990-N for 2020)
10 Colvin Avenue Suite 106, Albany NY 12206
Principal officer (990-N for 2020)
Acey Mercer, 10 Colvin Avenue Suite 106, Albany NY 12206
Signed the 990
Megan O'Meara, Executive Director
Phone
(518) 801-2521
Return prepared by
HELEN NELSON CPA

Mission

Prism Counseling and Advocacy was established to ensure that comprehensive, accessible, and culturally appropriate mental and physical health care are provided to lesbian, gay, bisexual, transgender, and queer (LGBTQ+) people, families, and communities.

990 for the year ended December 31, 2024

Program accomplishments

  • Prism Counseling and Advocacy provides individual therapy, transition support, family and partner therapy, case management, harm reduction therapy for disordered eating and substance abuse, and group therapy (queering recovery and LGBTQIA+ Grief Group.
    Expenses $659,929 · revenue $426,775

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-2148602
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E01)
Assets (IRS master file)
$120,989
Income (IRS master file)
$747,486

Revocation and reinstatement

Exemption revoked
May 15, 2016
Posted by the IRS
August 8, 2016
Reinstated
Effective May 15, 2016

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$747,486$764,919$120,989XML
990December 2023$343,430$263,433$116,070XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: Acey Mercer
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Arlene Lev
December 31, 2019≤ $50,000 receipts––e-Postcard
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-2148602).

Questions about RAINBOW ACCESS INITIATIVE INC

What is the EIN of RAINBOW ACCESS INITIATIVE INC?
The employer identification number (EIN) of RAINBOW ACCESS INITIATIVE INC is 41-2148602.
Is RAINBOW ACCESS INITIATIVE INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective May 15, 2016.
Are donations to RAINBOW ACCESS INITIATIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RAINBOW ACCESS INITIATIVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RAINBOW ACCESS INITIATIVE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RAINBOW ACCESS INITIATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RAINBOW ACCESS INITIATIVE INC?
The 990-N for 2020 names Acey Mercer.
Who are the officers and directors of RAINBOW ACCESS INITIATIVE INC?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $89,247 (Megan O'Meara, Executive Dir.).
How much revenue does RAINBOW ACCESS INITIATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $747,486, expenses of $764,919 and total assets of $120,989 at year end.

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