philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Under the Rainbow INC FY2021 filing

Tax-deductible

Newport, AR501(c)(3)Education EIN 58-1868026Revenue $587K in FY2021

On file with the IRS204 Olivia Dr, 72112-4178 · Newport, ARTax-exempt since May 1990Publicly supported — 509(a)(2)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Provide preschool/child care services

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $18K a year · 4% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$61K
84% of total assets
Concern: liabilities are 84% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 4 voting members
Concern: none of 4 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$587K
+47% vs prior year
Spent
$505K
To programs
100%
Net assets
$12K
By yearFY2020–FY2024
Revenue
$587K
FY2021▲ +47%
Tap a bar for its year
Revenue by fiscal year
FY2020$400K
FY2021$587K
FY2022$477K
FY2023$444K
FY2024$423K
Expenses
$505K
FY2021▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$456K
FY2021$505K
FY2022$497K
FY2023$501K
FY2024$461K
Net assets
$12K
FY2021▲ +117%
Tap a bar for its year
Net assets by fiscal year
FY2020−$71K
FY2021$12K
FY2022−$8K
FY2023−$65K
FY2024−$142K

From the FY2021 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1990.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $505K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Rhonda Bell
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See Under the Rainbow INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers free preschool and childcare for young children.

Questions for Under the Rainbow INC

Tap to ask. Under the Rainbow INC sees how many people are interested.

Your first name shows with your question. Under the Rainbow INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $505K · in their own filed words · FY2021
01

Child care for pre-school children, a portion of which are low income level & government assisted

$505Kprogram expense

By the numbers

The FY2021 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$587K
Ln 12
Fees for servicesLn 2g$497K
Other incomeLn 4–11$50K
Investment incomeLn 3$36K
Money outPt IX
$505K
Ln 25
Programscol B$505K
Owns and owesPt X
$12K
net assets · Ln 32
Cash and savingsLn 1–2$150
Total assetsLn 16$72K
LiabilitiesLn 26$61K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4K
Fundraising eventsLn 1c$4K
Fees for servicesLn 2g$497K
Investment incomeLn 3$36K
Other incomeLn 4–11$50K
Gains on assetsLn 7$36K
Total revenueLn 12$587K
Assets in detailPt X, end of year
CashLn 1$150
Cash and savings togetherLn 1–2$150
Land, buildings, equipmentLn 10c$72K
Total assetsLn 16$72K
LiabilitiesLn 26$61K
Net assetsLn 32$12K
OperationsPt I, VI
EmployeesI 519
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$2K$150
Land, buildings, equipmentLn 10c$11K$72K
Total assetsLn 16$13K$72K
LiabilitiesLn 26$84K$61K
Net assetsLn 32−$71K$12K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$32K$32K
Other salaries and wagesLn 7$301K$301K
Payroll taxesLn 10$26K$26K
Legal feesLn 11b$88$88
Accounting feesLn 11c$1K$1K
Office expensesLn 13$1K$1K
OccupancyLn 16$32K$32K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$16K$16K
InsuranceLn 23$13K$13K
Other expenses (24a–d)Ln 24$72K$72K
All other expensesLn 24e$9K$9K
Total functional expensesLn 25$505K$505K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $423K$461K−$39K−$142K 990 PDF
FY2023 $444K$501K−$58K−$65K 990 PDF
FY2022 $477K$497K−$20K−$8K 990 PDF
FY2021 Viewing $587K$505K$83K$12K 990 PDF
FY2020 $400K$456K−$56K−$71K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $587,271 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,272$4,107
I-9 Program service revenuePrior year $393,810$497,164
I-10 Investment income$35,500
I-11 Other revenuePrior year −$2,430$50,500
I-12 Total revenuePrior year $399,652$587,271
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $317,658$359,393
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $138,142$145,125
I-18 Total expensesPrior year $455,800$504,518
I-19 Revenue less expensesPrior year −$56,148$82,753
Part VI · Governance 0 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $587,271 across 7 lines filed
VIII-1c Fundraising events$4,107
VIII-1h Total contributions, gifts and grants$4,107
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $497,164$497,164
VIII-7 Net gain or loss on sales of assetsRelated to mission $35,500$35,500
VIII-8 Net income from fundraising eventsUnrelated business −$3,400−$3,400
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $53,900$53,900
VIII-12 Total revenueRelated to mission $532,664 · Unrelated business −$3,400 · Excluded from tax $53,900$587,271
Part IX · Statement of functional expenses $504,518 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $31,985$31,985
IX-7 Other salaries and wagesPrograms $301,048$301,048
IX-10 Payroll taxesPrograms $26,360$26,360
IX-11b Legal feesPrograms $88$88
IX-11c Accounting feesPrograms $1,005$1,005
IX-13 Office expensesPrograms $1,209$1,209
IX-16 OccupancyPrograms $32,129$32,129
IX-20 InterestPrograms $1,775$1,775
IX-22 Depreciation, depletion and amortizationPrograms $16,078$16,078
IX-23 InsurancePrograms $12,669$12,669
IX-24 Other expenses (24a–d)Programs $71,670$71,670
IX-24e All other expensesPrograms $8,502$8,502
IX-25 Total functional expensesPrograms $504,518 · Management $0 · Fundraising $0$504,518
Part X · Balance sheet $72,398 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $1,688$150
X-10c Land, buildings and equipment, netStart of year $11,031$72,248
X-16 Total assetsStart of year $12,719$72,398
X-17 Accounts payable and accrued expensesStart of year $6,145$5,529
X-26 Total liabilitiesStart of year $83,613$60,539
X-32 Total net assets or fund balancesStart of year −$70,894$11,859
X-33 Total liabilities and net assetsStart of year $12,719$72,398
Part XI · Reconciliation of net assets $11,859 net assets at year end
XI-1 Total revenue$587,271
XI-2 Total expenses$504,518
XI-3 Revenue less expenses$82,753
XI-4 Net assets at start of year−$70,894
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$11,859

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.