Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
Colorful World Foundation Corp
EIN 81-3402386 • 501(c)3 • Arlington, TX
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.01x
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
36th percentile
Faster revenue growth than 36% of similar nonprofits.
Balance Sheet
Assets
Up$31,310
Up $17,498 (+127%) from 2019
Liabilities
Down$400
Down $9,984 (-96%) from 2019
Net Assets
Up$30,910
Up $27,482 (+802%) from 2019
Revenue
Down$52,820
Down $11,093 (-17%) from 2019
Expenses
Down$25,338
Down $43,854 (-63%) from 2019
Net Income
Up$27,482
Up $32,761 (+621%) from 2019
Trend Graphs
Filings
Most recent year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $31,310
- Liabilities
- $400
- Net assets
- $30,910
- Revenue
- $52,820
- Expenses
- $25,338
- Net income
- $27,482
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2020Detailed filing. Detailed filing data is available for this year. | $31.3 | $0.40 | $30.9 | $52.8 | $25.3 | $27.5 |
| 2019Detailed filing. Detailed filing data is available for this year. | $13.8 | $10.4 | $3.43 | $63.9 | $69.2 | $5.28 |
| 2016Detailed filing. Detailed filing data is available for this year. | $6.45 | $0.00 | $6.45 | $8.24 | $1.79 | $6.45 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Jun 15, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $52,820
Mission and Program Overview
Mission
SEE SCHEDULE O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SEE SCHEDULE O | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| WHITLEY NGUYEN | Treasurer | - | $0 | - | - |
| NAM NGO | Board Member | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Colorful World Foundation Corp
- EIN
- 81-3402386
- Address
- 2111 W ARKANSAS LN STE 204, ARLINGTON, TX 76013
Signing Officer
- Name
- Whitley Nguyen
- Title
- Treasurer
- Phone
- 8179669397
- Signed
- 2021-06-15
- Discuss with paid preparer
- No
Preparer
- Firm
- Whit Thu Nguyen CPA
- Address
- 2111 W ARKANSAS LN STE 204, ARLINGTON, TX 76013
- Preparer
- Whitley Nguyen
- Phone
- 8179669397
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description amountvaccination supplies 1,540meetings and conventions 647office expense 296laboratory fees 1,025dues and subscriptions 690depreciation expense 192bank fees 38”
Description of other assets Part II line 24
“Category beginning of year end of yearcomputer equipment, net 4,727 4,895medical equipment, net 841 820”
Description of total liabilities Part II line 26
“Category beginning of year end of yearcredit card payable 384 0due to others 0 400due to sophie trinh 10,000 0”
Other program services Part III line 31
“Statement of program service accomplishments:provide quality educational, health, medical & social services to the underserved asian minorities throughout the metroplex.”
Raw XML Appendix154 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 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | WHITLEY NGUYEN CPA |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8179669397 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2111 W ARKANSAS LN STE 204 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ARLINGTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 76013 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 8244 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 25595 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 52819 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 27482 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 19645 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 13812 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 31310 |
| IRS990EZ/GrossReceiptsAmt | 0 | 52820 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 3428 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 30910 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 3428 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 30910 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | WHITLEY NGUYEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | NAM NGO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 5568 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 5715 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 4428 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1265 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 10384 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 400 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 25338 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 52820 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.COLORFULWORLDFOUNDATION.ORG |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 52819 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 63436 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 14600 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 38212 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 8240 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 177307 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 1 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 12 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 7 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 8 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 28 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt | 0 | 465 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 465 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 1 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 12 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 7 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 8 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 28 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 177772 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 52819 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 63901 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 14600 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 38212 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 8240 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 177772 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 52820 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 63913 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 14607 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 38220 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 8240 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 177800 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION AMOUNTVACCINATION SUPPLIES 1,540MEETINGS AND CONVENTIONS 647OFFICE EXPENSE 296LABORATORY FEES 1,025DUES AND SUBSCRIPTIONS 690DEPRECIATION EXPENSE 192BANK FEES 38 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | CATEGORY BEGINNING OF YEAR END OF YEARCOMPUTER EQUIPMENT, NET 4,727 4,895MEDICAL EQUIPMENT, NET 841 820 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CATEGORY BEGINNING OF YEAR END OF YEARCREDIT CARD PAYABLE 384 0DUE TO OTHERS 0 400DUE TO SOPHIE TRINH 10,000 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS:PROVIDE QUALITY EDUCATIONAL, HEALTH, MEDICAL & SOCIAL SERVICES TO THE UNDERSERVED ASIAN MINORITIES THROUGHOUT THE METROPLEX. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other program services Part III line 31 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WHITLEY NGUYEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8179669397 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-06-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | COLORFUL WORLD FOUNDATION CORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | COLO |
| ReturnHeader/Filer/EIN | 0 | 813402386 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2111 W ARKANSAS LN STE 204 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ARLINGTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 76013 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 270232907 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WHIT THU NGUYEN CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2111 W ARKANSAS LN STE 204 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ARLINGTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 76013 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8179669397 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-06-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WHITLEY NGUYEN |
| ReturnHeader/ReturnTs | 0 | 2021-06-15T18:50:30-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | WHITLEY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | NGUYEN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
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