Rainbow Labs Mentoring Inc
A nonprofit organization with the purpose of providing lgbtq+ youth with supportive communities, mentorship, and safe spaces where they can feel empowered and thrive.
Rainbow Labs Mentoring Inc at a glance
- Total assets
- $334,904
- +13.9% vs 2024
- Revenue (2025)
- $1,410,726
- +55.4% vs 2024
- Net investment income (2025)
- $32
- -102.3% vs 2024
- Expenses (2025)
- $1,413,153
- +45.2% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Rainbow Labs Mentoring Inc funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2022 it made 1 grant totaling $281K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Good Sports Plus LTD DBA ARC Torrance, CA | Fiscal Sponsorship | $280,688 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $334,904 | $1,410,726 | $1,413,153 | — | — | $32 |
| 2024 | $294,054 | $907,765 | $973,418 | — | — | $-1,362 |
| 2023 | $259,852 | $485,910 | $363,659 | — | — | — |
| 2022 | $121,591 | $516,871 | $467,104 | $280,688 | 1 | — |
| 2021 | $64,722 | $136,247 | $73,192 | — | — | — |
About Rainbow Labs Mentoring Inc
Based on IRS filings
Rainbow Labs Mentoring Inc is a public charity focused on Youth Development, based in Los Angeles, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $335K in total assets. Net investment income was $32.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Rainbow Labs Mentoring Inc is led by Jacob Toups, Executive Director since 2022 (on filings since 2021); 2 of 10 officers listed in 2025 are compensated.
Officers on the 2025 filing
Jacob Toups
Executive Director
Executive Director & Board Member → Executive Director, 2022
On filings since 2021
40 hrs/week
$30K (2024) → $42K (2025)
Nicole Lovejoy
Chair
On filings since 2024
5 hrs/week
No compensation reported
Luis Vasquez
Managing Director of Programs
Board Member → Director, 2022
Director → Managing Director of Programs, 2025
On filings since 2021
40 hrs/week
$3K (2021) → $38K (2025)
Michael Daly
Treasurer
Board Member → Director, 2022
Director → Treasurer, 2024
On filings since 2021
5 hrs/week
No compensation reported
Jose Diaz
Board Member
Director → Board Member, 2025
On filings since 2022
5 hrs/week
No compensation reported
Terrell Strayhorn
Secretary
On filings since 2023
5 hrs/week
No compensation reported
Felix Cruz
Board Member
Director → Board Member, 2025
On filings since 2024
5 hrs/week
No compensation reported
Chrisitan Green
Board Member
New on the 2025 filing
5 hrs/week
No compensation reported
London Taylor
Board Member
New on the 2025 filing
5 hrs/week
No compensation reported
Sydney Rogers
Board Member
New on the 2025 filing
5 hrs/week
No compensation reported
Former officers (7)
- Former: Brittany Jones (2023–2024) — Director
- Former: Christain Green (2024) — Director
- Former: Eleazar Saldivia (2021–2023) — Director
- Former: Victoria Flynn (2021–2023) — Treasurer
- Former: Christian Green (2023) — Director
- Former: Nicole Krakoff (2023) — Board Chair
- Former: Diandra Bremond (2021–2022) — President
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $42K, to Jacob Toups (Executive Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Rainbow Labs Mentoring Inc
How large is Rainbow Labs Mentoring Inc?
Rainbow Labs Mentoring Inc reported $335K in total assets on its 2025 IRS Form 990. Its revenue that year was $1.4M.
What is Rainbow Labs Mentoring Inc?
Rainbow Labs Mentoring Inc is a public charity focused on Youth Development, based in Los Angeles, CA. It holds $335K in total assets as of 2025.
Where does Rainbow Labs Mentoring Inc operate?
Rainbow Labs Mentoring Inc has awarded grants in California.
What is Rainbow Labs Mentoring Inc's EIN?
Rainbow Labs Mentoring Inc's EIN (Employer Identification Number) is 86-3680722. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS August 10, 2026)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 12, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 22, 2026)
Live grants for the work Rainbow Labs Mentoring Inc funds
Youth Development Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Rainbow Labs Mentoring Inc's focus areas in our free grants database
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Figures come from Rainbow Labs Mentoring Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Rainbow Labs Mentoring Inc down — hundreds of funders to go?