RUBY'S RAINBOW

EIN: 453730204 501(c)(3) Education

AUSTIN, TX

Total Revenue
$1,024,562
Total Expenses
$1,046,342
Total Assets
$605,050
Net Assets
$593,840
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
TX
Principal Officer
ELIZABETH PLACHTA
Phone
5128977801
Tax Period
2025-01-01 to 2025-12-31

RUBY'S RAINBOW, founded in 2011, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2025.

Mission

TO GRANT SCHOLARSHIPS TO ADULTS WITH DOWN SYNDROME WHO ARE SEEKING POST-SECONDARY EDUCATION, ENRICHMENT OR VOCATIONAL CLASSES, HELPING THEM ACHIEVE THEIR DREAMS OF HIGHER EDUCATION WHILE SPREADING AWARENESS OF THEIR CAPABILITIES AND GENERAL AWESOMENESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,006,072
Program Service Revenue $0
Investment Income $11,650
Other Revenue $6,840
TOTAL REVENUE $1,024,562

Expense Breakdown

Grants Paid $470,250
Salaries & Benefits $277,669
Fundraising Expenses $57,609
Program Expenses $931,124
Other Expenses $298,423
TOTAL EXPENSES $1,046,342

Year-over-Year Comparison

2025 2024 Change
Revenue $1,024,562 $1,042,980 0.0%
Expenses $1,046,342 $1,126,616 -0.1%
Net Income $-21,780 $-83,636 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
8
Volunteers
40

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$87,550
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TY MCELROY PRESIDENT 3.00
Officer Director
$0 $0 $0
SARA PLACHTA-ELLIOTT VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
TIM PLACHTA TREASURER 3.00
Officer Director
$0 $0 $0
LESLIE JORDAN GARCIA SECRETARY 3.00
Officer Director
$0 $0 $0
STEPHANIE BOMELY BOARD MEMBER 3.00
Director
$0 $0 $0
MARC LIPPINCOTT BOARD MEMBER 3.00
Director
$0 $0 $0
KELLE HAMPTON BOARD MEMBER 3.00
Director
$0 $0 $0
ROSS CLURMAN BOARD MEMBER 3.00
Director
$0 $0 $0
ELIZABETH PLACHTA EXECUTIVE DIRECTOR 40.00
Officer
$85,000 $2,550 $87,550
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,024,562 $1,046,342 $605,050 $-21,780
2025 $1,024,562 $1,046,342 $605,050 $-21,780
2024 $1,042,980 $1,126,616 $654,056 $-83,636
2023 $1,104,469 $1,080,838 $685,041 $23,631
2022 $811,811 $777,018 $617,742 $34,793
2021 $744,338 $635,504 $588,913 $108,834
2020 $440,156 $391,996 $468,442 $48,160
2019 $529,945 $387,891 $416,011 $142,054
2018 $422,981 $324,839 $262,028 $98,142
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