Civic Intelligence

Rainbow Dreams Educational Foundation

990 • Fiscal year 2016 • EIN 88-0430382

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

Organization ProfileN/A
950 W Lake Mead BlvdLas Vegas, NV 89106

(702) 255-3001

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.70x

Higher debt load relative to assets than 83% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

16.08x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

88th percentile

37%

Higher net margin than 88% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

61st percentile

4.7%

Faster asset growth than 61% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

99th percentile

593%

Faster revenue growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$6,701,866

Up $299,463 (+4.7%) from 2015

Net Assets

Up

$2,028,391

Up $206,982 (+11%) from 2015

Liabilities

Up

$4,673,475

Up $92,481 (+2.0%) from 2015

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin88th percentile

Revenue

Up

$290,651

Up $248,706 (+593%) from 2015

Expenses

Up

$182,518

Up $60,295 (+49%) from 2015

Net Income

Up

$108,133

Up $188,411 (+235%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $7,308,536Liabilities 2010: $4,920,982Net Assets 2010: $2,387,5542010Assets 2011: $7,218,386Liabilities 2011: $4,865,863Net Assets 2011: $2,352,5232011Assets 2012: $7,161,591Liabilities 2012: $5,167,424Net Assets 2012: $1,994,1672012Assets 2013: $6,794,908Liabilities 2013: $4,907,061Net Assets 2013: $1,887,8472013Assets 2014: $6,576,189Liabilities 2014: $4,663,987Net Assets 2014: $1,912,2022014Assets 2015: $6,402,403Liabilities 2015: $4,580,994Net Assets 2015: $1,821,4092015Assets 2016: $6,701,866Liabilities 2016: $4,673,475Net Assets 2016: $2,028,3912016Assets 2017: $6,430,237Liabilities 2017: $4,386,963Net Assets 2017: $2,043,2742017Assets 2018: $6,154,669Liabilities 2018: $4,165,099Net Assets 2018: $1,989,5702018Assets 2019: $5,934,211Liabilities 2019: $3,967,280Net Assets 2019: $1,966,9312019Assets 2020: $577,453Liabilities 2020: $12,500Net Assets 2020: $564,9532020Assets 2021: $540,898Liabilities 2021: $36,072Net Assets 2021: $504,8262021Assets 2022: $454,727Liabilities 2022: $1,346Net Assets 2022: $453,3812022Assets 2023: $426,595Liabilities 2023: $60,264Net Assets 2023: $366,3312023Assets 2024: $392,672Liabilities 2024: $13,484Net Assets 2024: $379,1882024

Highlighted filing

2016

Assets$6,701,866
Liabilities$4,673,475
Net Assets$2,028,391
Open 2016 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $28,7992010Revenue 2011: $204,850Expenses 2011: $239,881Net Income 2011: -$35,0312011Expenses 2012: $777,8882012Expenses 2013: $627,1062013Revenue 2014: $577,727Expenses 2014: $553,372Net Income 2014: $24,3552014Revenue 2015: $41,945Expenses 2015: $122,223Net Income 2015: -$80,2782015Revenue 2016: $290,651Expenses 2016: $182,518Net Income 2016: $108,1332016Revenue 2017: $204,004Expenses 2017: $191,121Net Income 2017: $12,8832017Revenue 2018: $74,091Expenses 2018: $127,795Net Income 2018: -$53,7042018Revenue 2019: $103,374Expenses 2019: $126,013Net Income 2019: -$22,6392019Revenue 2020: $50,023Expenses 2020: $57,322Net Income 2020: -$7,2992020Revenue 2021: $85,545Expenses 2021: $197,672Net Income 2021: -$112,1272021Revenue 2022: $192,804Expenses 2022: $294,337Net Income 2022: -$101,5332022Revenue 2023: $132,055Expenses 2023: $217,041Net Income 2023: -$84,9862023Revenue 2024: $212,407Expenses 2024: $228,506Net Income 2024: -$16,0992024

Highlighted filing

2016

Revenue$290,651
Expenses$182,518
Net Income$108,133
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$693,201
Mission and Program Overview

Mission

To strengthen and support historically under-served communities in southern Nevada through educational and cultural programs and services.

To strengthen and support historically underserved communities in southern nevada through educational and cultural programs and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,379,749$6,395,796▲ $16,047
Receivables From Officers Etc$98,850$289,442▲ $190,592
Loans From Officers Directors$32,496$136,770▲ $104,274
Accounts Receivable$7,966$5,573▼ $2,393
Savings and Temporary Cash Investments$4,456$2,518▼ $1,938
Prepaid Expenses and Deferred Charges$3,984$2,290▼ $1,694
Cash and Non-Interest-Bearing Accounts-$0-
Total Assets$6,501,252$6,701,866▲ $200,614
Other Assets Total$6,247$6,247→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,334,952$4,313,591▼ $21,361
Accounts Payable and Accrued Expenses$213,546$198,114▼ $15,432
Other Liabilities$0$25,000▲ $25,000
Total Liabilities$4,580,994$4,673,475▲ $92,481
Net Assets / Fund Balance
Unrestricted Net Assets$1,920,258$2,028,391▲ $108,133
Total Net Assets Fund Balance$1,920,258$2,028,391▲ $108,133
Total Liabilities and Net Assets / Fund Balance$6,501,252$6,701,866▲ $200,614

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,461,906$1,420,627$6,882,533
Land$933,890-$933,890
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Dr Debra ToneyPresident
David PulliamBoard Member
Dr Christine ClarkBoard Member
Hannah BrownBoard Member
Exie SeastrunkDirector
Cindy BradenSecretary
Stacy ParkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$342,448
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-51,797
All Other Contributions
$62,911
Change in Net Assets
$108,133

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$33,524
Total Noncash Contributions1$33,524

Audited Revenue Reconciliation

Revenue per Audited Statements
$290,651
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$438,287
Total Revenue per Audited Statements
$728,938
Total Revenue per Form 990
$290,651
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$97,518
Salaries, Compensation, and Employee Benefits$85,000
Total Fundraising Expense$23,371
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$45,000$40,000-$85,000
Fees for Services Other$14,750--$14,750
Office Expenses-$5,597-$5,597
Fees for Services Accounting-$5,250-$5,250
Occupancy-$3,500-$3,500
Interest-$3,231-$3,231
Insurance-$2,010-$2,010
Advertising--$2,000$2,000
Other Expenses$500-$21,371$500
Total Functional Expenses$99,559$59,588$23,371$182,518

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$620,806
Expenses Not Reported on Form 990$438,288
Expenses per Audited Statements$182,518
Total Expenses per Form 990$182,518
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$98,850$289,442▲ $190,592
Loans from Officers, Directors, Trustees, and Key Employees$32,496$136,770▲ $104,274
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$25,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Diane pollard & debra toney are sisters.”

Form 990, Part VI, Section B, Line 11

“Submitted to president upon completion.”

Form 990, Part VI, Section B, Line 12C

“Any potential issues discussed during board meetings.”

Form 990, Part VI, Section C, Line 19

“Available at the main office.”

Filing and Contact Details

Filer

Filer Name
Rainbow Dreams Educational Foundation
EIN
88-0430382
Phone
7022553001
Address
950 W LAKE MEAD BLVD, LAS VEGAS, NV 89106

Signing Officer

Name
Debra Toney
Title
President
Phone
7022553001
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debra Toney
Formed
1999
Legal Domicile
Nv
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
50

Preparer

Firm
Hrp Cpas
Address
8880 W SUNSET RD STE 350, LAS VEGAS, NV 89148
Preparer
Debra Romboletti
Phone
7028526720
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income taxes under the 501(c)(3) provisions of the internal revenue code of 1986, as amended (the code). Accordingly, no provisions for federal income taxes are included in the accompanying financial statements for the year ended june 30, 2016. The organization has also been classified as an entity that is not a private foundation within the meaning of section 509(a) of the code and qualifies for deductible contributions as provided in section 170(b)(i )(a)(vi) of the code. The organization has no uncertain tax positions as of june 30, 2016.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses netted against rental income 402,551.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses netted against rental income 402,551.”

Raw XML AppendixShowing 400 of 463 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0213546
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0198114
IRS990/AccountsReceivableGrp/BOYAmt07966
IRS990/AccountsReceivableGrp/EOYAmt05573
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO STRENGTHEN AND SUPPORT HISTORICALLY UNDERSERVED COMMUNITIES IN SOUTHERN NEVADA THROUGH EDUCATIONAL AND CULTURAL PROGRAMS AND SERVICES.
IRS990/AdvertisingGrp/FundraisingAmt02000
IRS990/AdvertisingGrp/TotalAmt02000
IRS990/AllOtherContributionsAmt062911
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0MELINDA VARNER
IRS990/BooksInCareOfDetail/PhoneNum07025969610
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0950 W LAKE MEAD BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAS VEGAS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NV
IRS990/BooksInCareOfDetail/USAddress/ZIPCd089106
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt040000
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt045000
IRS990/CompDisqualPersonsGrp/TotalAmt085000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt012095
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0342448
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt097518
IRS990/CYOtherRevenueAmt0-51797
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0108133
IRS990/CYSalariesCompEmpBnftPaidAmt085000
IRS990/CYTotalExpensesAmt0182518
IRS990/CYTotalFundraisingExpenseAmt023371
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0290651
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO STRENGTHEN AND SUPPORT HISTORICALLY UNDERSERVED COMMUNITIES IN SOUTHERN NEVADA THROUGH EDUCATIONAL AND CULTURAL PROGRAMS AND SERVICES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt099559
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05250
IRS990/FeesForServicesAccountingGrp/TotalAmt05250
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt014750
IRS990/FeesForServicesOtherGrp/TotalAmt014750
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0DR CHRISTINE CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm1DR DEBRA TONEY
IRS990/Form990PartVIISectionAGrp/PersonNm2EXIE SEASTRUNK
IRS990/Form990PartVIISectionAGrp/PersonNm3STACY PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm4HANNAH BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID PULLIAM
IRS990/Form990PartVIISectionAGrp/PersonNm6CINDY BRADEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt012095
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0267442
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0693201
IRS990/GrossRentsGrp/RealAmt0350753
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02010
IRS990/InsuranceGrp/TotalAmt02010
IRS990/InterestGrp/ManagementAndGeneralAmt03231
IRS990/InterestGrp/TotalAmt03231
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01420627
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06379749
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06395796
IRS990/LandBldgEquipCostOrOtherBssAmt07816423
IRS990/LegalDomicileStateCd0NV
IRS990/LessRentalExpensesGrp/RealAmt0402550
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt032496
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0136770
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO STRENGTHEN AND SUPPORT HISTORICALLY UNDERSERVED COMMUNITIES IN SOUTHERN NEVADA THROUGH EDUCATIONAL AND CULTURAL PROGRAMS AND SERVICES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04334952
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04313591
IRS990/NetAssetsOrFundBalancesBOYAmt01920258
IRS990/NetAssetsOrFundBalancesEOYAmt02028391
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-51797
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-51797
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03500
IRS990/OccupancyGrp/TotalAmt03500
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05597
IRS990/OfficeExpensesGrp/TotalAmt05597
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06247
IRS990/OtherAssetsTotalGrp/EOYAmt06247
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER EDUCATIONAL EXPEN
IRS990/OtherExpensesGrp/Desc1FUNDRAISING
IRS990/OtherExpensesGrp/Desc2RESALE STORE EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt021371
IRS990/OtherExpensesGrp/ProgramServicesAmt039309
IRS990/OtherExpensesGrp/ProgramServicesAmt1500
IRS990/OtherExpensesGrp/TotalAmt039309
IRS990/OtherExpensesGrp/TotalAmt121371
IRS990/OtherExpensesGrp/TotalAmt2500
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt025000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03984
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02290
IRS990/PrincipalOfficerNm0DEBRA TONEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0185775
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0119223
IRS990/PYOtherRevenueAmt0-55496
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt08056
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0122223
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0130279
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt098850
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0289442
IRS990/ReconcilationRevenueExpnssAmt0108133
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-51797
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04456
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02518
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0342448
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0215585
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0227266
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0155960
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt041029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0982288
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01102
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01102
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99890
IRS990ScheduleA/PublicSupportPY170Pct00.99820
IRS990ScheduleA/PublicSupportTotal170Amt0982288
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0342448
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0215585
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0227266
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0155960
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt041029
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0982288
IRS990ScheduleA/TotalSupportAmt0983390
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt05461906
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01420627
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06882533
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt035736
IRS990ScheduleD/DonatedServicesUseFcltsAmt035737
IRS990ScheduleD/ExpensesNotReportedAmt0438288
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0182518
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0933890
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0933890
IRS990ScheduleD/OtherExpensesIncludedAmt0402551
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt025000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherRevenueAmt0402551
IRS990ScheduleD/RevenueNotReportedAmt0438287
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0290651
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE 501(C)(3) PROVISIONS OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE CODE). ACCORDINGLY, NO PROVISIONS FOR FEDERAL INCOME TAXES ARE INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2016. THE ORGANIZATION HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(I )(A)(VI) OF THE CODE. THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2016.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 402,551.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 402,551.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06395796
IRS990ScheduleD/TotalExpensesPerForm990Amt0182518
IRS990ScheduleD/TotalLiabilityAmt025000
IRS990ScheduleD/TotalRevenuePerForm990Amt0290651
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0728938
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0620806
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt051770
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1289442
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt285000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0WORKING CAPITAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1REAL ESTATE PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2ACCRUED COMPENSATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1289442
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt285000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0DIANE POLLARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1DIANE POLLARD RAINBOW DREAMS LLC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2DIANE POLLARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0FORMER OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1FORMER OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2FORMER OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/TotalBalanceDueAmt0426212
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0MICROSOFT SOFTWARE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt033524
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DIANE POLLARD & DEBRA TONEY ARE SISTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SUBMITTED TO PRESIDENT UPON COMPLETION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY POTENTIAL ISSUES DISCUSSED DURING BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE AT THE MAIN OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0RAINBOW DREAMS ACADEMY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0593834120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0950 W LAKE MEAD BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LAS VEGAS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd089106
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt075046
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1350753
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0RAINBOW DREAMS ACADEMY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1RAINBOW DREAMS ACADEMY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0L
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06501252
IRS990/TotalAssetsEOYAmt06701866
IRS990/TotalAssetsGrp/BOYAmt06501252
IRS990/TotalAssetsGrp/EOYAmt06701866
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0342448
IRS990/TotalEmployeeCnt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,701,866
Liabilities
$4,673,475
Net assets
$2,028,391
Revenue
$290,651
Expenses
$182,518
Net income
$108,133
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.39$0.01$0.38$0.21$0.23$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.43$0.06$0.37$0.13$0.22$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.19$0.29$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.04$0.50$0.09$0.20$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.58$0.01$0.56$0.05$0.06$0.01
2019Detailed filing. Detailed filing data is available for this year.$5.93$3.97$1.97$0.10$0.13$0.02
2018Detailed filing. Detailed filing data is available for this year.$6.15$4.17$1.99$0.07$0.13$0.05
2017Detailed filing. Detailed filing data is available for this year.$6.43$4.39$2.04$0.20$0.19$0.01
2016Detailed filing. Detailed filing data is available for this year.$6.70$4.67$2.03$0.29$0.18$0.11
2015Summary only. Only limited summary data is available for this year.$6.40$4.58$1.82$0.04$0.12$0.08
2014Detailed filing. Detailed filing data is available for this year.$6.58$4.66$1.91$0.58$0.55$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.79$4.91$1.89$0.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.16$5.17$1.99$0.78
2011Summary only. Only limited summary data is available for this year.$7.22$4.87$2.35$0.20$0.24$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.31$4.92$2.39$0.03