Civic Intelligence

Rainbow Dreams Educational Foundation

990 • Fiscal year 2022 • EIN 88-0430382

Jul 01, 2021 to Jun 30, 2022 • Filed on Sep 30, 2022

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

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

10th percentile

-53%

Higher net margin than 10% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

25th percentile

-16%

Faster asset growth than 25% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

86th percentile

125%

Faster revenue growth than 86% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$454,727

Down $86,171 (-16%) from 2021

Net Assets

Down

$453,381

Down $51,445 (-10%) from 2021

Liabilities

Down

$1,346

Down $34,726 (-96%) from 2021

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin10th percentile

Revenue

Up

$192,804

Up $107,259 (+125%) from 2021

Expenses

Up

$294,337

Up $96,665 (+49%) from 2021

Net Income

Up

-$101,533

Up $10,594 (+9.4%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth25th 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

2022

Assets$454,727
Liabilities$1,346
Net Assets$453,381
Open 2022 Filing

Operations Trend

Revenue Growth86th 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

2022

Revenue$192,804
Expenses$294,337
Net Income-$101,533
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Sep 30, 2022
Return Version
2021v4.0
Gross Receipts
$192,804
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
Receivable From Disqualified Prsn$465,371$412,943▼ $52,428
Receivables From Officers Etc$44,742--
Cash and Non-Interest-Bearing Accounts$2,784$26,750▲ $23,966
Accounts Receivable$28,001$14,890▼ $13,111
Prepaid Expenses and Deferred Charges$0$144▲ $144
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net$0--
Pledges and Grants Receivable-$0-
Inventories for Sale or Use$0--
Loans From Officers Directors$0$0→ $0
Total Assets$540,898$454,727▼ $86,171
Liabilities
Accounts Payable and Accrued Expenses$36,072$1,346▼ $34,726
Grants Payable-$0-
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$36,072$1,346▼ $34,726
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$504,826$453,381▼ $51,445
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$504,826$453,381▼ $51,445
Total Liabilities and Net Assets / Fund Balance$540,898$454,727▼ $86,171
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$179,401
Program Service Revenue
$0
Investment Income
$13,403
Other Revenue
$0
All Other Contributions
$13,171
Change in Net Assets
$-101,533

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$35,000Donor Advised
Other Non Cash Contri Table6$14,338Donor Advised
Total Noncash Contributions7$49,338-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$209,337
Total Fundraising Expense$96,583
Salaries, Compensation, and Employee Benefits$85,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$25,500$8,500$51,000$85,000
Other Expenses$37,513$0$37,133$74,646
Fees for Services Other$8,400$20$8,450$16,870
Office Expenses-$1,865-$1,865
Total Functional Expenses$187,369$10,385$96,583$294,337
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rainbow Dreams AcademyLas Vegas, NV-Operating Expenses$25,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Juneteenth Festival$139,780$104,780$39,646$65,134
30 for 30 Campaign$34,553$34,553$0$34,553
Total Events$174,333$139,333$39,646$99,687
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 Disqualified Persons$465,371$412,943▼ $52,428
Receivables from Officers, Directors, Trustees, and Key Employees$44,742--
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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, Executive Director & Debra Toney, Board Chair 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

“Upon Receipt”

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 Chairman
Phone
7025969610
Signed
2022-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debra Toney
Formed
1999
Legal Domicile
Nv
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
50

Preparer

Firm
MeLann's Unlimited LLC
Address
10541 Allegrini Drive, Las Vegas, NV 89141
Preparer
Melinda Varner
Phone
7028969522
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IRS990/Desc0Rainbow Dreams Academy Charter School is a primary provider of early childhood education, family engagement, and professional development programming and support services in Clark County, Nevada. The program focuses primarily on at-risk youth in under-served populations and currently serves more than 300 students in both Pre-K and Kindergarten. Established in 2007, and initially serving a mere 52 students, Rainbow Dreams Academy Charter School's focus has always been to consistently provide our students with a solid educational foundation, while embracing diversity, encouraging cultural and artistic expression, engaging in community outreach, and helping to develop personal responsibility and accountability habits which directly contribute to their overall academic success. The Rainbow Dreams Academy program has evolved significantly over the years and now includes "Dream Care" our premiere before and after school tutoring program which provides free and reduced cost daily nutritional services to students enrolled in the program. Dream Care also provides students with backpacks containing necessary school supplies and FREE school uniforms. Rainbow Dreams Academy Charter School offers a tuition-free full-day STEM-based academic program and boasts smaller teacher-to-student ratios. RDA Educators, Administrators, and Support Staff are highly qualified and dedicated to making certain that our students have the hands-on support they need to meet the demands and expectations of a challenging curriculum. We strive to create lifelong learners who have a passion for learning and who possess the tools necessary to become contributory members of society and leaders in their community.
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IRS990/OtherExpensesGrp/Desc0Rainbow Dreams Academy
IRS990/OtherExpensesGrp/Desc1Scholarship Program
IRS990/OtherExpensesGrp/Desc2Juneteenth Festival
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IRS990/ProgSrvcAccomActy2Grp/Desc0LAS VEGAS JUNETEENTH FESTIVAL: For the past two decades Rainbow Dreams Educational Foundation, with the support of various corporate sponsors and community partners, has presented the Las Vegas Juneteenth Festival; an annual celebration commemorating the National Juneteenth holiday. This important event helps us connect valuable community services to students, their families, and the community at large while celebrating African American people and their many invaluable contributions to American culture. The Juneteenth Festival is an opportunity for people of all backgrounds and ethnicities to come together to promote educational equality and economic empowerment. The Las Vegas Juneteenth Festival is a family friendly open-air event that is free to the public and features, live entertainment, music, dance, art, commerce, and more.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt071913
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0139780
IRS990/ProgSrvcAccomActy3Grp/Desc0RAINBOW DREAMS SCHOLARSHIP PROGRAM: The Rainbow Dreams Scholarship program provides financial assistance to deserving high school graduates who are planning to pursue a college degree. Every year Rainbow Dreams Educational Foundation awards six monetary scholarships of varying amounts to selectees to assist them with meeting the financial demands associated with attending a facility of higher learning. The scholarship program was created to provide financial subsidy for students from lower-income communities who lack the requisite financial resources to meet the consistently rising costs of higher education. Scholarship recipients are carefully screened by a special committee made up of community leaders, local entrepreneurs, and educators serving on a volunteer basis.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt032100
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt070720
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt014825
IRS990/PYOtherExpensesAmt0112672
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-112127
IRS990/PYSalariesCompEmpBnftPaidAmt085000
IRS990/PYTotalExpensesAmt0197672
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt085545
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt0465371
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt0412943
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt044742
IRS990/ReconcilationRevenueExpnssAmt0-101533
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0194488
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt087720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt054545
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt084016
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt082292
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0503061
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt035000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt035000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt070000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013403
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt014825
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt028228
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95305
IRS990ScheduleA/PublicSupportPY170Pct00.97211
IRS990ScheduleA/PublicSupportTotal170Amt0573061
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0229488
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0122720
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt054545
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt084016
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt082292
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0573061
IRS990ScheduleA/TotalSupportAmt0601289
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
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt035000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt035000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt039646
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Juneteenth Festival
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm030 for 30 Campaign
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0139780
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt034553
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0174333
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0104780
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt034553
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0139333
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt099687
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt039646
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt039646
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Operating Expenses
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Rainbow Dreams Academy
IRS990ScheduleI/RecipientTable/RecipientEIN0593834120
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0950 W Lake Mead Blvd
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Las Vegas
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NV
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd089106
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Cash Basis
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Executive Director monitors the use of grant funds as a responsbility as chairman of the recipent, Rainbow Dreams Academy.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/Form8283ReceivedCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt06
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Six (6) Las Vegas Raiders football tickets
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1World Market Center
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0Donor Advised
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1Donor Advised
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt014338
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt135000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Diane Pollard, Executive Director & Debra Toney, Board Chair are sisters.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Reviewed by email distribution
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Any potential issues are discussed during board meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Upon Receipt
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
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
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

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$454,727
Liabilities
$1,346
Net assets
$453,381
Revenue
$192,804
Expenses
$294,337
Net income
-$101,533
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