Nonprofit · EIN 58-1868026
UNDER THE RAINBOW INC
Tax-exempt · NEWPORT, AR 72112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $422,563 | $461,222 | -$38,659 | $81,205 | $223,209 | -$142,004 |
| December 31, 2023 | 990 | $443,810 | $501,391 | -$57,581 | $78,816 | $144,257 | -$65,441 |
| December 31, 2021 | 990 | $587,271 | $504,518 | $82,753 | $72,398 | $60,539 | $11,859 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $422,563
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $21,323
- Other salaries and wages
- $291,962
- Salaries, compensation and benefits (total)
- $337,498
- Professional fundraising fees
- $0
- Accounting fees
- $252
- Depreciation
- $19,526
- Program services (functional)
- $461,222
Balance sheet and other
- Total assets, start of year
- $78,816
- Total assets, end of year
- $81,205
- Total liabilities, end of year
- $223,209
- Net assets, end of year
- -$142,004
- Land, buildings and equipment
- $73,307
- Gross receipts
- $422,563
- Employees
- 17
- Year formed
- 1989
- State of legal domicile
- AR
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Hannah Simpson | President Trustee or director, Officer | 45 | $0 |
| Susan Hubbard | Director Officer | 0 | $0 |
| Rhonda Bell | Secretary Officer | 0 | $0 |
| Shirley Sanders | Director Officer | 0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HANNAH SIMPSON | PRESIDENT Trustee or director, Officer | 45 | $0 |
| SUSAN HUBBARD | DIRECTOR Officer | 0 | $0 |
| RHONDA BELL | SECRETARY Officer | 0 | $0 |
| SHIRLEY SANDERS | DIRECTOR Officer | 0 | $0 |
990 for the year ended December 31, 2021: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HANNAH SIMPSON | PRESIDENT Trustee or director, Officer | 45 | $0 |
| SUSAN HUBBARD | DIRECTOR Officer | 0 | $0 |
| RHONDA BELL | SECRETARY Officer | 0 | $0 |
| SHIRLEY SANDERS | DIRECTOR Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 204 OLIVIA DR, NEWPORT, AR 72112-4178
- Principal officer (990 for 2024)
- Hannah Simpson, 204 Olivia Drive, Newport, AR 72112
- Signed the 990
- Hannah Simpson, President
- Return prepared by
- Hamilton Cherry Spradlin & Mandrell LTD
Mission
Provide Preschool/Child Care Services
Program accomplishments
- Child care for Pre-School children, a portion of which are low income level & government assisted.Expenses $461,222 · revenue $422,563
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1868026
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B200)
- Assets (IRS master file)
- $81,205
- Income (IRS master file)
- $422,563
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $422,563 | $461,222 | $81,205 | XML |
| 990 | December 2023 | $443,810 | $501,391 | $78,816 | XML |
| 990 | December 2022 | $477,235 | $496,954 | $104,582 | IRS |
| 990 | December 2021 | $587,271 | $504,518 | $72,398 | XML |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about UNDER THE RAINBOW INC
- What is the EIN of UNDER THE RAINBOW INC?
- The employer identification number (EIN) of UNDER THE RAINBOW INC is 58-1868026.
- Is UNDER THE RAINBOW INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to UNDER THE RAINBOW INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNDER THE RAINBOW INC 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 UNDER THE RAINBOW INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNDER THE RAINBOW INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of UNDER THE RAINBOW INC?
- The 990 for the year ended December 31, 2024 names Hannah Simpson.
- Who are the officers and directors of UNDER THE RAINBOW INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does UNDER THE RAINBOW INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $422,563, expenses of $461,222 and total assets of $81,205 at year end.
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