Nonprofit · EIN 76-0664313
RAIN DROP FOUNDATION INC
Tax-exempt · HOUSTON, TX 77031
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,784,259 | $3,857,394 | $926,865 | $15,635,961 | $4,688,350 | $10,947,611 |
| December 31, 2023 | 990 | $6,103,046 | $3,890,727 | $2,212,319 | $16,115,912 | $6,095,164 | $10,020,748 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,553,373
- of which government grants
- $46,877
- Program service revenue
- $924,710
- Investment income
- $0
- Net rental income
- $306,176
- Other revenue
- $306,176
Expenses
- Grants and similar amounts paid
- $399,700
- Compensation of officers, directors and key employees
- $318,626
- Other salaries and wages
- $615,105
- Salaries, compensation and benefits (total)
- $1,015,470
- Professional fundraising fees
- $0
- Occupancy
- $217,318
- Travel
- $1,332
- Depreciation
- $437,672
- Program services (functional)
- $3,227,875
- Management and general (functional)
- $591,215
- Fundraising (functional)
- $38,304
Balance sheet and other
- Total assets, start of year
- $16,115,912
- Total assets, end of year
- $15,635,961
- Total liabilities, end of year
- $4,688,350
- Net assets, end of year
- $10,947,611
- Land, buildings and equipment
- $14,497,743
- Net assets without donor restrictions
- $10,947,611
- Gross receipts
- $4,784,259
- Employees
- 22
- Volunteers
- 0
- Year formed
- 2000
- State of legal domicile
- TX
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 |
|---|---|---|---|
| DAVID MERAL | CEO Officer | 40 | $75,729 |
| ISHAK KARATAY | CHAIRMAN Trustee or director | 0.5 | $0 |
| ALPEREN TAS | SECRETARY Trustee or director | 0.5 | $0 |
| MUSTAFA ARSLAN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MUHSINE AYKAC | BOARD MEMBER Trustee or director | 0.5 | $0 |
| RAMAZAN OZCELIK | BOARD MEMBER Trustee or director | 0.5 | $0 |
| BEYZA AKIN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| SEHER ALPASLAN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| UFUK SEN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| UKBE AYTAC | BOARD MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HUSEYIN TOKCAN | CEO Officer | 40 | $50,779 |
| ISHAK KARATAY | CHAIRMAN Trustee or director | 0.5 | $0 |
| ALPEREN TAS | SECRETARY Trustee or director | 0.5 | $0 |
| MUSTAFA ARSLAN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MUHSINE AYKAC | BOARD MEMBER Trustee or director | 0.5 | $0 |
| RAMAZAN OZCELIK | BOARD MEMBER Trustee or director | 0.5 | $0 |
| BEYZA AKIN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| SEHER ALPASLAN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| UFUK SEN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| UKBE AYTAC | BOARD MEMBER Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 9301 W BELLFORT AVE, HOUSTON, TX 77031-2101
- In care of
- % RAYTECH
- Principal officer (990 for 2024)
- DAVID MERAL, 9301 WEST BELFORT AVENUE, HOUSTON, TX 77031
- Signed the 990
- DAVID MERAL, CEO
- Phone
- (713) 974-1412
- Website
- www.raindrophouston.org
- Return prepared by
- MNB Accountancy
Mission
The Raindrop Foundation, Inc (the Foundation) is a non-profit 501(c)(3) educational, charitable, social and cultural organization founded in 2000. The Foundation aims to cultivate friendship and promote understanding of diverse cultures through its unique services to the community.
Program accomplishments
- Achievements encompass a variety of educational and cultural programs, weekend schools, festivals, and charitable services offered through community centers.Key accomplishments and program activities held throughout the year featured winter and spring retreat conferences, educational initiatives, cultural festivals, and themed events.Expenses $3,227,875 · grants $399,700 · revenue $924,710
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
- 76-0664313
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B60)
- Assets (IRS master file)
- $15,635,961
- Income (IRS master file)
- $4,784,259
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,784,259 | $3,857,394 | $15,635,961 | XML |
| 990 | December 2023 | $6,103,046 | $3,890,727 | $16,115,912 | XML |
| 990 | December 2022 | $5,959,747 | $3,705,272 | $13,876,309 | IRS |
| 990 | December 2021 | $3,893,004 | $2,676,518 | $11,834,619 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 76-0664313).
Questions about RAIN DROP FOUNDATION INC
- What is the EIN of RAIN DROP FOUNDATION INC?
- The employer identification number (EIN) of RAIN DROP FOUNDATION INC is 76-0664313.
- Is RAIN DROP FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to RAIN DROP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RAIN DROP FOUNDATION 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 RAIN DROP FOUNDATION 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 RAIN DROP FOUNDATION 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 RAIN DROP FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names DAVID MERAL.
- Who are the officers and directors of RAIN DROP FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $75,729 (DAVID MERAL, CEO).
- How much revenue does RAIN DROP FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,784,259, expenses of $3,857,394 and total assets of $15,635,961 at year end.
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