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Nonprofit · EIN 75-2870946

RAINBOW BIBLE SCHOOL INC

Tax-exempt · ABILENE, TX 79601

Financials

$1.1M$1.2M2022$967K$1.1M2023$1M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of RAINBOW BIBLE SCHOOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$1,044,671$1,222,332-$177,661$726,721$24,548$702,173
July 31, 2024990$967,010$1,148,441-$181,431$861,017$5,880$855,137
July 31, 2023990$1,107,414$1,153,626-$46,212$1,003,186$7,013$996,173
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$47,744
Program service revenue
$970,008
Investment income
$26,919
Net gain from sales of assets
$4,906
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$950,746
Salaries, compensation and benefits (total)
$1,025,909
Professional fundraising fees
$0
Accounting fees
$8,940
Occupancy
$82,770
Depreciation
$24,358
Program services (functional)
$1,131,944
Management and general (functional)
$85,755
Fundraising (functional)
$4,633

Balance sheet and other

Total assets, start of year
$861,017
Total assets, end of year
$726,721
Total liabilities, end of year
$24,548
Net assets, end of year
$702,173
Land, buildings and equipment
$152,104
Publicly traded securities
$415,899
Gross receipts
$1,068,043
Employees
101
Volunteers
3
Year formed
2000
State of legal domicile
TX

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MEGAN LEFEVREViceChairperson
Trustee or director, Officer
2$0
LINDSAY HERRINGTONSecretary
Trustee or director, Officer
2$0
MEREDITH HORNTreasurer
Trustee or director, Officer
7$0
RACHEL EVANSChairperson
Trustee or director, Officer
7$0
CARLA OLSONBoard Member
Trustee or director
1.5$0
DR STEPHANIE TALLEYBOARD MEMBER
Trustee or director
0.5$0
WILL BEASLEYBoard Member
Trustee or director
0.5$0
AKANE THAXTONBoard Member
Trustee or director
1.5$0
JENNA MARTINBoard Member
Trustee or director
0.5$0
990 for the year ended July 31, 2024: 9 people
NameTitleHours / weekCompensation
MEGAN LEFEVREChairperson
Trustee or director, Officer
2$0
LINDSAY HERRINGTONCo-Chairperson
Trustee or director, Officer
2$0
MEREDITH HORNTreasurer
Trustee or director, Officer
1$0
LOU ANN WATSONSecretary
Trustee or director, Officer
1$0
REBECCA LANABoard Member
Trustee or director, Institutional trustee
0.5$0
DR STEPHANIE TALLEYBOARD MEMBER
Trustee or director
0.5$0
WILL BEASLEYBoard Member
Trustee or director
0.5$0
AKANE THAXTONBoard Member
Trustee or director
0.5$0
KELSEY HOLSONBoard Member
Trustee or director
0.5$0
990 for the year ended July 31, 2023: 9 people
NameTitleHours / weekCompensation
STEPHANIE DUNCANCHAIRPERSON
Trustee or director, Officer
2$0
REBECCA LANAVICE-CHAIRPERSON
Trustee or director, Institutional trustee, Officer
1$0
NATHAN SANDERSSECRETARY
Trustee or director, Officer
1$0
DAYTON BORGERTREASURER
Trustee or director, Officer
1$0
KATELYN EASTBOARD MEMBER
Trustee or director
0.5$0
CHASE CRAIGBOARD MEMBER
Trustee or director
0.5$0
KARLA CRADDOCKBOARD MEMBER
Trustee or director
0.5$0
TAMARA ROBINSONBOARD MEMBER
Trustee or director
0.5$0
ANNE EHRHARTBOARD MEMBER
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
733 E NORTH 16TH ST, ABILENE, TX 79601-3811
In care of
% EXECUTIVE DIRECTOR
Principal officer (990 for 2024)
MEREDITH HORN, 733 EN 16TH STREET, ABILENE, TX 79601
Signed the 990
MEREDITH HORN, Treasurer
Phone
(325) 673-6972
Return prepared by
DA Shepherd & Associates LLC

Mission

PROVIDE A HAPPY AND SAFE PLACE WHERE ALL CHILDREN CAN LEARN, PLAY, AND GROW IN THE LORD

990 for the year ended July 31, 2025

Program accomplishments

  • CHILDCARE WAS PROVIDED TO APPROXIMATELY 134 CHILDREN AGES NEWBORN TO 5 YEARS FROM AUGUST 2024 THROUGH JULY 2025. THERE WERE APPROXIMATELY 121 CHILDREN ENROLLED AT ONE TIME.
    Expenses $1,131,944

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
75-2870946
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
2001
Accounting year ends
July
Files
Form 990 or 990-EZ
Assets (IRS master file)
$726,721
Income (IRS master file)
$1,068,043

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$1,044,671$1,222,332$726,721XML
990July 2024$967,010$1,148,441$861,017XML
990July 2023$1,107,414$1,153,626$1,003,186XML
990July 2022–––IRS
990July 2021–––IRS
990July 2020–––IRS
990July 2019–––IRS
990July 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 75-2870946).

Questions about RAINBOW BIBLE SCHOOL INC

What is the EIN of RAINBOW BIBLE SCHOOL INC?
The employer identification number (EIN) of RAINBOW BIBLE SCHOOL INC is 75-2870946.
Is RAINBOW BIBLE SCHOOL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to RAINBOW BIBLE SCHOOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RAINBOW BIBLE SCHOOL 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 BIBLE SCHOOL INC due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RAINBOW BIBLE SCHOOL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of RAINBOW BIBLE SCHOOL INC?
The 990 for the year ended July 31, 2025 names MEREDITH HORN.
Who are the officers and directors of RAINBOW BIBLE SCHOOL INC?
The 990 for the year ended July 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does RAINBOW BIBLE SCHOOL INC have?
On its 990 for the year ended July 31, 2025 it reported revenue of $1,044,671, expenses of $1,222,332 and total assets of $726,721 at year end.

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