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OVER THE RAINBOW FOUNDATION INC: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
OVER THE RAINBOW FOUNDATION INC (EIN 04-3554516)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-04-19
IRS object ID
202611099349100101
Schema version
2025v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-04-19T11:28:35-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043554516EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Over the Rainbow Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Jon SchwartzInCareOfNm
Business Name ControlOVERBusinessNameControlTxt
Phone9782700319PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line147R Cloutmans LaneAddressLine1Txt
CityMarbleheadCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01945ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJON SCHWARTZPersonNm
Person TitlePresidentPersonTitleTxt
Phone9782700319PhoneNum
Signature2026-04-19SignatureDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$205,107FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$21,808ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$1,843DividendsRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$18,314CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$23,651TotalRevAndExpnssAmt
Total Net Invst Incm$18,314TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$138AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$36TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$174TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$19,693ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$19,693ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$19,867TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$19,693TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$3,784ExcessRevenueOverExpensesAmt
Net Investment Income$18,314NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
US Government Obligations BOY$8,605USGovernmentObligationsBOYAmt
US Government Obligations EOY$17,080USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$17,080USGovtObligationsEOYFMVAmt
Corporate Stock BOY$163,946CorporateStockBOYAmt
Corporate Stock EOY$188,027CorporateStockEOYAmt
Corporate Stock EOYFMV$188,027CorporateStockEOYFMVAmt
Total Assets BOY$172,551TotalAssetsBOYAmt
Total Assets EOY$205,107TotalAssetsEOYAmt
Total Assets EOYFMV$205,107TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$172,551CapitalStockBOYAmt
Capital Stock EOY$205,107CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$172,551TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$205,107TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$172,551TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$205,107TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$172,551TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$3,784ExcessRevenueOverExpensesAmt
Subtotal$176,335SubtotalAmt
Tot Net Ast Or Fund Balances EOY$176,335TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
ROBO Global RoboticsP2019-01-082025-05-05$1,000$640$360$360
BOTZ Global Robotics & AIP2019-01-082025-05-05$1,500$884$616$616
QQQ InvescoP2019-01-022025-07-17$7,500$2,054$5,446$5,446
QQQ InvescoP2019-01-022025-10-21$12,500$3,128$9,372$9,372
IVV Core S&PP2019-01-022025-10-21$4,000$1,480$2,520$2,520
FieldValueIRS element (for citing)
Capital Gain Net Income$18,314CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$255InvestmentIncomeExciseTaxAmt
Subtotal$255SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$255TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Tax Due$255TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Jon SchwartzBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9782700319PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line147R Cloutmans LaneAddressLine1Txt
CityMarbleheadCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01945ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JON SCHWARTZ
47R Cloutmans LaneMarbleheadMA01945President0.00$0$0$0
CAROLYN SCHWARTZ
47R Cloutmans LaneMarbleheadMA01945Vice President0.00$0$0$0
SAMUEL SCHWARTZ
6210 28th Ave NESeattleWA98115Director0.00$0$0$0
ANNA SCHWARTZ
2795 N Speer Blvd Unit A-418DenverCO80211Director0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$255TaxBasedOnInvestmentIncomeAmt
Total Tax$255TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$19,693ExpensesAndContributionsAmt
Qualifying Distributions$19,693QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Qualifying Distributions$19,693QualifyingDistributionsAmt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$19,693RemainingDistriFromCorpusAmt
Total Corpus$19,693TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$19,693ExcessDistriCyovToNextYrAmt
Excess From Current Year$19,693ExcessFromCurrentYearAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Total$0TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Boys & Girls Club of Lynn
12 North Common StreetLynnMA01902nonePOFdonation$1,000
Colby College
4000 Mayflower Hill DriveWatervilleME04901nonePOFdonation$250
Colby Sawyer College
541 Main StreetNew LondonNH03257nonePOFdonation$250
Hilton Winn Farm
189 Ogunquit RoadCape NeddickME03902nonePOFdonation$6,393
Ipswich River Watershed
143 County RoadIpswichMA01938nonePOFdonation$1,000
Lake Sunapee VNA
PO Box 2209New LondonNH03257nonePOFdonation$1,000
YMCA of North Shore
200 Cummings CenterBeverlyMA01915nonePOFdonation$1,066
Maine Humanities Council
674 Brighton AvePortlandME04102nonePOFdonation$250
Moorings Park Foundation
2591 Rue du JardinNaplesFL34105nonePOFdonation$257
SPUR
6 Anderson StreetMarbleheadMA01945nonePOFdonation$1,687
Squashbusters
60 Island StreetLawrenceMA01840nonePOFdonation$540
The Joey Fund
101 Huntington AveBostonMA02199nonePOFdonation$500
Wayland High School Water Warriors
264 Old Connecticut PathWaylandMA01778nonePOFdonation$500
YDO
15 Union StreetLawrenceMA01840board memberPOFdonation$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$19,693TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonJON SCHWARTZContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line147R Cloutmans LaneAddressLine1Txt
CityMarbleheadCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01945ZIPCd
FieldValueIRS element (for citing)
Total Contributions$21,808TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property25 shares Goldman Sachs stockNoncashPropertyDesc
Fair Market Value$21,808FairMarketValueAmt
Received2025-12-18ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTaxAct softwareCategoryTxt
Amt$138Amt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ROBO Robotics Automation$2,150$2,150
BOTZ Robotics AI$1,773$1,773
QQQ Invesco$80,569$80,569
IVV SP$81,560$81,560
Goldman Sachs$21,975$21,975

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$17,080USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$17,080USGovtObligationsEOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryMA Form PCCategoryTxt
Amt$36Amt