Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Rainbow Chinese School
990EZ • Fiscal year 2021 • EIN 77-0194068
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.08x
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
72nd percentile
Higher net margin than 72% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
42nd percentile
Faster asset growth than 42% of similar nonprofits.
Revenue Growth
21st percentile
Faster revenue growth than 21% of similar nonprofits.
Balance Sheet
Assets
Up$370,907
Up $857 (+0.2%) from 2020
Net Assets
$341,593
No earlier filing loaded for comparison.
Liabilities
Down$29,314
Down $20,167 (-41%) from 2020
Revenue And Expenses
Revenue
Down$75,489
Down $49,832 (-40%) from 2020
Expenses
Down$54,534
Down $49,084 (-47%) from 2020
Net Income
Down$20,955
Down $748 (-3.4%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Aug 1, 2020 to Jul 31, 2021
- Signed
- Feb 7, 2023
- Return Version
- 2020v4.0
- Gross Receipts
- $75,489
Mission and Program Overview
Mission
Education in chinese language and culture.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDE CHINESE LANGUAGE LESSONS ONCE A WEEK TO ABOUT 100 STUDENTS RANGING FROM 4 TO 17 YEARS OF AGE. THE SCHOOL PROVIDES THE OPPORTUNITY TO LEARN THE CHINESE LANGUAGE AND CULTURE TO ALL INTERESTED PERSONS. | $300 | $54,534 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| WAI LAU | Principal | PT | $0 | - | - |
| VICTOR SUEN | Vice Principal | PT | $0 | - | - |
| WAI SHAN CHENG | Treasurer | PT | $0 | - | - |
| WAI LAU | General Affairs Lead | PT | $0 | - | - |
| CHEA-HWA SIU | Academic Contest Lead | PT | $0 | - | - |
| VICTOR SUEN | Payroll Lead | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Rainbow Chinese School
- EIN
- 77-0194068
- Phone
- 4085697291
- Address
- PO BOX 2471, CUPERTINO, CA 95015
Signing Officer
- Name
- Wai Lau
- Title
- Board Chair
- Phone
- 4085697291
- Signed
- 2023-02-07
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 8
“Description;Amount^INTEREST INCOME;7^Total;7^”
Form 990-EZ, Part I, Line 16
“Description;Amount^BANK FEE;185|INSURANCE;2072|STAFF APPRECIATION;645|ANCCS EXPENSE;308|BOOKS AND SUBSCRIPTION;1643|FESTIVAL;400|TEACHER CONFERENCE;60|TEACHER TRAINING EXPENSE;400|ADP SERVICE FEE;1310|PAYROLL TAX;3445|ANCCS MEMBERSHIP FEE;150|YEAR END STAFF APPRECIATION;1600|MISCELLANEOUS;101^Total;12319^”
Form 990-EZ, Part I, Line 20
“Description;Amount^PY ADJUSTMENT;69^Total;69^”
Form 990-EZ, Part II, Line 24
“Description;EOY Amount^PTA;812|SCRIP INVENTORY;1915^Total;2727^”
Form 990-EZ, Part II, Line 26
“Description;EOY Amount^UNEARNED TUITION;29314^Total;29314^”
Raw XML Appendix182 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | WAI LAU |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4085697291 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 2471 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CUPERTINO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 95015 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 367323 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 368180 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 40 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 20955 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 0 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 370050 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 370907 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 300 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 75489 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 320569 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 341593 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 320569 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 341593 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 252 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 6 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 6 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 6 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | WAI LAU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | VICTOR SUEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | WAI SHAN CHENG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | WAI LAU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | CHEA-HWA SIU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | VICTOR SUEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRINCIPAL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRINCIPAL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | GENERAL AFFAIRS LEAD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | ACADEMIC CONTEST LEAD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | PAYROLL LEAD |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2727 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2727 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 69 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 12319 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 7 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EDUCATION IN CHINESE LANGUAGE AND CULTURE. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 289 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 75442 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDE CHINESE LANGUAGE LESSONS ONCE A WEEK TO ABOUT 100 STUDENTS RANGING FROM 4 TO 17 YEARS OF AGE. THE SCHOOL PROVIDES THE OPPORTUNITY TO LEARN THE CHINESE LANGUAGE AND CULTURE TO ALL INTERESTED PERSONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 300 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 54534 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 41374 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 1 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 49481 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 29314 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 54534 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 54534 |
| IRS990EZ/TotalRevenueAmt | 0 | 75489 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTP://WWW.RAINBOWCS.ORG |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | DURING THE REGISTRATION PERIOD, IT IS ANNOUNCED THROUGH SCHOOL WEBSITE THAT ANY KIND OF RACE ARE WELCOME TO RAINBOW CHINESE SCHOOL |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | RAINBOW CHINESE SCHOOL IS A NONPROFIT ORGANIZATION WHICH IS SUPPORTED BY THE STUDENT'S FAMILY THROUGH SCHOOL PROGRAM FEES. WE DO NOT HAVE ANY FORMAL DOCUMENT TO SOLICIT CONTRIBUTIONS TO THE SCHOOL. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Part I, Line 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule E, Part I, Line 4 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description;Amount^INTEREST INCOME;7^Total;7^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description;Amount^BANK FEE;185|INSURANCE;2072|STAFF APPRECIATION;645|ANCCS EXPENSE;308|BOOKS AND SUBSCRIPTION;1643|FESTIVAL;400|TEACHER CONFERENCE;60|TEACHER TRAINING EXPENSE;400|ADP SERVICE FEE;1310|PAYROLL TAX;3445|ANCCS MEMBERSHIP FEE;150|YEAR END STAFF APPRECIATION;1600|MISCELLANEOUS;101^Total;12319^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description;Amount^PY ADJUSTMENT;69^Total;69^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description;EOY Amount^PTA;812|SCRIP INVENTORY;1915^Total;2727^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description;EOY Amount^UNEARNED TUITION;29314^Total;29314^ |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part II, Line 26 |
| ReasonableCauseExplanation/ExplanationTxt | 0 | Our 2021 paper 990EZ filing was returned and we were asked to file electronically. We originally filed by paper because we believe the "transitional relief" allows us to file by paper for tax years ending before July 31, 2021. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 11 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/ProfilePasswordChangeInd | 0 | X |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2023-03-07 01:45:13Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Wai Lau |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Board Chair |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4085697291 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-02-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RAINBOW CHINESE SCHOOL |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RAIN |
| ReturnHeader/Filer/EIN | 0 | 770194068 |
| ReturnHeader/Filer/PhoneNum | 0 | 4085697291 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 2471 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CUPERTINO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 95015 |
| ReturnHeader/ReturnTs | 0 | 2023-02-07T18:39:08-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-08-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-07-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $370,907
- Liabilities
- $29,314
- Net assets
- $341,593
- Revenue
- $75,489
- Expenses
- $54,534
- Net income
- $20,955