Towhee-rainbow Foundation
Only null% goes to programs Strong reserves
Towhee-rainbow Foundation is a 501(c)(3) organization based in Carmel, Indiana, registered in 2005, with $7,002 in FY2024 revenue. CharityIndex grades it C+.
798 Woodview North Dr, Carmel, IN, 46032 EIN 43-2037958 Since 2005
Revenue (FY2024)
$7,002
▲ 0.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$6,278
Net assets
$22K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Towhee-rainbow Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating42 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Towhee-rainbow Foundation: 42 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Towhee-rainbow Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Towhee-rainbow Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 798 Woodview North Dr, Carmel, IN, 46032
- City
- Carmel
- State
- Indiana
- Subcategory
- Private Foundations
Financial trends
Revenue held steady from $7,001 (FY2016) to $7,002 (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $22K
Operating margin
10.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$22K
Total liabilities
$0
Net assets
$22K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,002 | $6,278▲94.7% | $22,061▲3.4% | $22,061▲3.4% | 990PF |
| 2023 | $7,002▼0.2% | $3,225▼37.6% | $21,337▲21.5% | $21,337▲21.5% | 990PF |
| 2022 | $7,013▲0.2% | $5,165▲1.8% | $17,560▲11.8% | $17,560▲11.8% | 990PF |
| 2021 | $7,001 | $5,075▼1.6% | $15,712▲14.0% | $15,712▲14.0% | 990PF |
| 2020 | $7,002▼0.1% | $5,160 | $13,786▲15.4% | $13,786▲15.4% | 990PF |
| 2019 | $7,009 | $5,160▼32.5% | $11,944▲18.3% | $11,944▲18.3% | 990PF |
| 2018 | $7,011▲0.1% | $7,650▼6.0% | $10,095▼6.0% | $10,095▼6.0% | 990PF |
| 2017 | $7,006▲0.1% | $8,140▲6.8% | $10,734▼9.6% | $10,734▼9.6% | 990PF |
| 2016 | $7,001 | $7,625 | $11,868 | $11,868 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Towhee-rainbow Foundation a legitimate nonprofit?
- Yes. Towhee-rainbow Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 43-2037958, based in Carmel, Indiana. Donations are tax-deductible.
- What is Towhee-rainbow Foundation's EIN?
- Towhee-rainbow Foundation's Employer Identification Number (EIN) is 43-2037958.
- How much revenue does Towhee-rainbow Foundation report?
- Towhee-rainbow Foundation reported $7,002 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Towhee-rainbow Foundation have?
- CharityIndex grades Towhee-rainbow Foundation C+, based on financial health (reserves and operating margin).
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Data for Towhee-rainbow Foundation (EIN 43-2037958) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.