Nonprofit · EIN 56-1030908
RAINBOW SOCCER LTD
Tax-exempt · CHAPEL HILL, NC 27515
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $427,914 | $430,967 | -$3,053 | $574,102 | $15,755 | $558,347 |
| May 31, 2024 | 990 | $409,437 | $383,561 | $25,876 | $566,883 | $5,483 | $561,400 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $29,063
- Program service revenue
- $391,396
- Investment income
- $7,455
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $98,800
- Other salaries and wages
- $40,082
- Salaries, compensation and benefits (total)
- $154,557
- Professional fundraising fees
- $0
- Accounting fees
- $3,547
- Occupancy
- $124,229
- Depreciation
- $21,188
- Program services (functional)
- $391,691
- Management and general (functional)
- $39,055
- Fundraising (functional)
- $221
Balance sheet and other
- Total assets, start of year
- $566,883
- Total assets, end of year
- $574,102
- Total liabilities, end of year
- $15,755
- Net assets, end of year
- $558,347
- Land, buildings and equipment
- $324,134
- Net assets without donor restrictions
- $558,347
- Gross receipts
- $427,914
- Employees
- 6
- Volunteers
- 523
- Year formed
- 1973
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Mike Hickey | Executive Director Trustee or director | 30 | $51,637 | $4,796 |
| John Kepley | Program Director Trustee or director | 30 | $47,163 | $0 |
| Ted Calhoun | Board President Trustee or director, Officer | 0.2 | $0 | $0 |
| Wilma Rivera | Board Vice President Trustee or director, Officer | 0.2 | $0 | $0 |
| Joel Lloyd | Board Treasurer Trustee or director, Officer | 0.2 | $0 | $0 |
| Toland Barfield | Board Secretary Trustee or director, Officer | 0.2 | $0 | $0 |
| Catherine Duncan | Board Member Trustee or director | 0.2 | $0 | $0 |
990 for the year ended May 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Mike Hickey | Executive Director Trustee or director | 30 | $59,790 | $4,800 |
| John Kepley | Program Director Trustee or director | 20 | $45,520 | $0 |
| Ted Calhoun | Board President Trustee or director, Officer | 0.2 | $0 | $0 |
| Wilma Rivera | Board Vice President Trustee or director, Officer | 0.2 | $0 | $0 |
| Joel Lloyd | Board Treasurer Trustee or director, Officer | 0.2 | $0 | $0 |
| Toland Barfield | Board Secretary Trustee or director, Officer | 0.2 | $0 | $0 |
| Catherine Duncan | Board Member Trustee or director | 0.2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 3093, CHAPEL HILL, NC 27515-3093
- In care of
- % VICTORIA T BRAWLEY
- Principal officer (990 for 2024)
- Mike Hickey, 323 Mel Oaks Drive, Chapel Hill, NC 27516
- Signed the 990
- Mike Hickey, Executive Director
- Phone
- (919) 967-8797
- Website
- www.rainbowsoccer.org
- Return prepared by
- Lawson Travers CPA PLLC
Mission
The exempt purpose is to offer soccer education and recreation to children regardless of age or skill level.
Program accomplishments
- Rainbow Soccer is a co-educational community soccer program with emphasis on non-competitive team playing. Open to all members of the community regardless of age or skill level.Expenses $391,691 · revenue $391,396
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Check at the IRS |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1030908
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1977
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N64Z)
- Assets (IRS master file)
- $582,474
- Income (IRS master file)
- $476,167
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $427,914 | $430,967 | $574,102 | XML |
| 990 | May 2024 | $409,437 | $383,561 | $566,883 | XML |
| 990 | May 2023 | $674,807 | $417,980 | $545,591 | IRS |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1030908).
Questions about RAINBOW SOCCER LTD
- What is the EIN of RAINBOW SOCCER LTD?
- The employer identification number (EIN) of RAINBOW SOCCER LTD is 56-1030908.
- Is RAINBOW SOCCER LTD tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to RAINBOW SOCCER LTD tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RAINBOW SOCCER LTD file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RAINBOW SOCCER LTD due?
- The return for tax year 2026 (the year ending May 31, 2027) is due October 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RAINBOW SOCCER LTD last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of RAINBOW SOCCER LTD?
- The 990 for the year ended May 31, 2025 names Mike Hickey.
- Who are the officers and directors of RAINBOW SOCCER LTD?
- The 990 for the year ended May 31, 2025 lists 7 people; 2 received compensation from the organization, the highest $51,637 (Mike Hickey, Executive Director).
- How much revenue does RAINBOW SOCCER LTD have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $427,914, expenses of $430,967 and total assets of $574,102 at year end.
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