Civic Intelligence

Rainbow Dreams Educational Foundation

990 • Fiscal year 2020 • EIN 88-0430382

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 29, 2021

Organization Profilerainbowdreamsfoundation.org
950 W Lake Mead BlvdLas Vegas, NV 89106

(702) 596-9610

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.02x

Higher debt load relative to assets than 43% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

74th percentile

0.25x

Higher debt load relative to revenue than 74% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

20th percentile

-15%

Higher net margin than 20% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

1st percentile

-90%

Faster asset growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

9th percentile

-52%

Faster revenue growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Down

$577,453

Down $5,356,758 (-90%) from 2019

Net Assets

Down

$564,953

Down $1,401,978 (-71%) from 2019

Liabilities

Down

$12,500

Down $3,954,780 (-100%) from 2019

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin20th percentile

Revenue

Down

$50,023

Down $53,351 (-52%) from 2019

Expenses

Down

$57,322

Down $68,691 (-55%) from 2019

Net Income

Up

-$7,299

Up $15,340 (+68%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth1st 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

2020

Assets$577,453
Liabilities$12,500
Net Assets$564,953
Open 2020 Filing

Operations Trend

Revenue Growth9th 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

2020

Revenue$50,023
Expenses$57,322
Net Income-$7,299
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 29, 2021
Return Version
2019v5.0
Gross Receipts
$431,820
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$5,915,589--
Other Notes and Loans Receivable, Net-$504,095-
Receivables From Officers Etc$0$63,538▲ $63,538
Cash and Non-Interest-Bearing Accounts$1,852$6,996▲ $5,144
Pledges and Grants Receivable$14,502$2,708▼ $11,794
Prepaid Expenses and Deferred Charges$2,268$116▼ $2,152
Receivable From Disqualified Prsn$0--
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Loans From Officers Directors-$0-
Total Assets$5,934,211$577,453▼ $5,356,758
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,778,923$0▼ $3,778,923
Other Liabilities$25,000--
Accounts Payable and Accrued Expenses$163,357$12,500▼ $150,857
Grants Payable-$0-
Unsecured Notes Loans Payable-$0-
Deferred Revenue-$0-
Escrow Account Liability-$0-
Tax Exempt Bond Liabilities-$0-
Total Liabilities$3,967,280$12,500▼ $3,954,780
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,966,931$564,953▼ $1,401,978
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,966,931$564,953▼ $1,401,978
Total Liabilities and Net Assets / Fund Balance$5,934,211$577,453▼ $5,356,758
Compensation and Service Providers
Top Officer Pay51st percentile

Board Members and Trustees

NameTitle
Dr Debra ToneyPresident
Cheri ReshBoard Member
David PulliamBoard Member
Dr Christine ClarkBoard Member
Exie SeastrunkBoard Member
Hannah BrownBoard Member
Marie Ray ScottBoard Member
Cindy BradenSecretary
Stacy ParkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$54,545
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-4,522
All Other Contributions
$51,804
Change in Net Assets
$-7,299
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$47,384
Total Fundraising Expense$36,944
Other Expenses$9,938
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$370$12,920$34,094$47,384
Fees for Services Other$4,200$1,950$2,850$9,000
Office Expenses$0$938$0$938
Total Functional Expenses$4,570$15,808$36,944$57,322
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Diane PollardSister to Board ChairExecutive Director CompensationNo$85,000

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$0$63,538▲ $63,538
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
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

“Debra Toney, Board Chair and Diane Pollard, Executive Director are sisters.”

Form 990, Part VI, Section B, Line 11B

“Reviewed by email distribution”

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

“Any potential issues are discussed during board meetings”

Form 990, Part VI, Section C, Line 19

“Available upon request”

Filing and Contact Details

Filer

Filer Name
Rainbow Dreams Educational Foundation
EIN
88-0430382
Phone
7025969610
Address
950 W Lake Mead Blvd, Las Vegas, NV 89106

Signing Officer

Name
Debra Toney
Title
Board Chair
Phone
7025969610
Signed
2021-03-29
Discuss with paid preparer
No

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
MeLann's Unlimited LLC
Address
10541 Allegrini Drive, Las Vegas, NV 89141
Preparer
Melinda Varner
Phone
7028969522
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Accounting; Grant Consulting; Audit Expense”

Raw XML AppendixShowing 400 of 500 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.

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IRS990/Desc0Rainbow Dreams Academy Charter School is a primary provider of early and middle childhood education, family engagement, professional development programming, and support services in Clark County, Nevada. The program targets at-risk youth and under-served populations, currently serving over 350 students in kindergarten to eighth grade. Since 2007, with a mere 52 students, the school's focus has been on creating a solid educational foundation that celebrates diversity, cultural and artistic appreciation, community engagement and outreach, personal responsibility and development, and academic success. The school has grown significantly and now encompasses a before and after school tutoring program in the form of Dream Care and provides free and reduced cost nutritional services and backpacks full of necessary supplies and uniforms to every child in need. Rainbow Dreams Academy offers free tuition and provides smaller teacher-to-student ratios with highly qualified faculty and staff to ensure the students have hands on support for the challenging curriculum we provide. Our goal is to create lifelong learners who are productive members of their community and well-rounded citizens. The goals and objectives of this program are achieved by stressing the importance of developing a strong educational foundation in a child's early years. Additional emphasis is placed on youth and adult education, cultural awareness and appreciation and support for existing programs and services that have demonstrated success in leadership development and building stronger neighborhoods, communities and families.
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IRS990/ProgSrvcAccomActy2Grp/Desc0For the past 19 years, RDEF has sponsored the Juneteenth Celebration in Las Vegas which connects community services to the students, their families, and the community at large and honors the cultural and historical contributions of Africans to American culture. The Juneteenth celebration commemorates the end of slavery and the beginnings of freedom, educational and economic empowerment, art, commerce and achievement of African Americans in the United States. The festival features cultural and educational activities, guest speakers, live entertainment by world renowned artists and musicians, numerous local vendors, traditional soul food, and a variety of children's activities. This event is a major tourist draw and has a huge impact on community engagement. The event is free to the general public and is the embodiment of a transformation of hobby into art, tradition into culture, freedom songs into refined music. At its core, it is a journey of growth from idea into substance. Due to Covid 19, the Juneteenth Festival was canceled for 2020
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0The Rainbow Dreams Scholarship program provides financial assistance to deserving high school graduates. Each year the foundation provides six scholarships of varying amounts to assist them of meeting the financial burden of higher education. The scholarship is designed to provide financial subsidy for a student who lacks adequate financial resources to meet the constantly rising costs of a college education. Students are selected by a volunteer screening committee of community leaders, local entrepreneurs, and educators.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt084016
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt049513
IRS990/PYOtherRevenueAmt019358
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-22639
IRS990/PYSalariesCompEmpBnftPaidAmt076500
IRS990/PYTotalExpensesAmt0126013
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0103374
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt063538
IRS990/ReconcilationRevenueExpnssAmt0-7299
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt0-4522
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt054545
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt084016
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt082292
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0173173
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0342448
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0736474
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt0736474
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt054545
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt084016
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt082292
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0173173
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0342448
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0736474
IRS990ScheduleA/TotalSupportAmt0736474
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
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Diane Pollard
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Sister to Board Chair
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt085000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Executive Director Compensation
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt063538
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1504095
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0Rainbow Dreams LLC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt1Rainbow Dreams LLC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Purchase of Property
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Purchase of Property
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt063538
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1504095
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Family Relationship
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Family relationship
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/TotalBalanceDueAmt0567633
IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Rainbow Dreams Academy; Parking Lot and Additional Land: Parcel Numbers: 139-21-601-016; 139-21-601-017; 139-21-612-050; 139-21-612-085
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0Rainbow Dreams LLC
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02020-06-17
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0464994414
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt04364489
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0Cushman & Wakefield of Nevada, Inc. - Appraisal of Real Property - February 28, 2020.
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0PO Box 34271
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0Las Vegas
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0NV
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd089133
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/OwnerOfSuccessor2Ind01
IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0Diane Pollard is the Executive Director of Rainbow Dreams Educational Foundation and the owner of Rainbow Dreams LLC.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule N, Part II, Line 2
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Debra Toney, Board Chair and Diane Pollard, Executive Director are sisters.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Reviewed by email distribution
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Any potential issues are discussed during board meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Accounting; Grant Consulting; Audit Expense
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd01
IRS990ScheduleR/AssetSaleToOtherOrgInd01
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0464994414
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0S
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NV
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0General Business
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Rainbow Dreams LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0PO Box 34271
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Las Vegas
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NV
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd089133
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Rainbow Dreams Academy
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0593834120
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

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$577,453
Liabilities
$12,500
Net assets
$564,953
Revenue
$50,023
Expenses
$57,322
Net income
-$7,299
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