Nonprofit · EIN 99-0349613
MAKING DREAMS COME TRUE VALLEY OF RAINBOWS INC
Tax-exempt · WAIANAE, HI 96792
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $103,722 | $69,724 | $33,998 | $77,361 | $938 | $76,423 |
| December 31, 2023 | 990 | $45,049 | $61,326 | -$16,277 | $47,259 | $1,069 | $46,190 |
| December 31, 2021 | 990 | $53,670 | $41,986 | $11,684 | $105,969 | $105,969 | $0 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $95,660
- Program service revenue
- $8,050
- Investment income
- $12
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $34,492
- Salaries, compensation and benefits (total)
- $37,548
- Professional fundraising fees
- $0
- Accounting fees
- $1,300
- Occupancy
- $7,345
- Travel
- $1,164
- Depreciation
- $3,983
- Program services (functional)
- $60,296
- Management and general (functional)
- $9,428
Balance sheet and other
- Total assets, start of year
- $47,259
- Total assets, end of year
- $77,361
- Total liabilities, end of year
- $938
- Net assets, end of year
- $76,423
- Gross unrelated business income
- $12
- Gross receipts
- $103,722
- Employees
- 1
- Volunteers
- 10
- Year formed
- 2004
- State of legal domicile
- HI
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 |
|---|---|---|---|
| MERRIE AIPOALANI | PRESIDENT Trustee or director, Officer | 1 | $0 |
| LINDA NAONE | TREASURER & DIRECTOR Trustee or director, Officer | 1 | $0 |
| GEORGETTE STEVENS | DIRECTOR Trustee or director | 0.5 | $0 |
| JAN SHIMABUKURO-LEE | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| VIVIAN AULANI AHMAD | EX OFFICIO Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MERRIE AIPOALANI | PRESIDENT Trustee or director, Officer | 1 | $0 |
| LINDA NAONE | TREASURER & DIRECTOR Trustee or director, Officer | 1 | $0 |
| GEORGETTE STEVENS | DIRECTOR Trustee or director | 0.5 | $0 |
| JAN SHIMABUKURO-LEE | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| VIVIAN AULANI AHMAD | EX OFFICIO Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2021: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENICE KELI'IKOA | EXECUTIVE DIRECTOR Trustee or director | 30 | $34,492 |
| MERRIE AIPOALANI | PRESIDENT Trustee or director, Officer | 1 | $0 |
| LINDA NAONE | TREASURER & DIRECTOR Trustee or director, Officer | 1 | $0 |
| JEAN NISHI | DIRECTOR Trustee or director | 0.5 | $0 |
| GEORGETTE STEVENS | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| JAN SHIMABUKURP-LEE | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1009, WAIANAE, HI 96792-1009
- Principal officer (990 for 2024)
- DENICE KELIIKOA, PO BOX 1009, WAIANAE, HI 96792
- Signed the 990
- MERRIE AIPOALANI, PRESIDENT
- Phone
- (808) 286-7869
- Website
- www.valleyofrainbows.org
- Return prepared by
- Pacific Academy Tax Services LLC
Mission
VALLEY OF THE RAINBOWS SUPPORTS INDIVIDUALS TO RECOGNIZE THEIR FULL POTENTIAL, ENRICH THEIR LIVES AND DISCOVER NEW POSSIBILITIES
Program accomplishments
- PROVIDE MONTHLY SCHOLARSHIPS FOR YOUTH AGES 8-170
- Youth Leadership and Girls & Boys Conference for 350 high school students grades 9-12 from 3 area high schoolsExpenses $60,296 · revenue $95,660
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
- 99-0349613
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O12)
- Assets (IRS master file)
- $77,361
- Income (IRS master file)
- $103,722
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $103,722 | $69,724 | $77,361 | XML |
| 990 | December 2023 | $45,049 | $61,326 | $47,259 | XML |
| 990 | December 2022 | $22,014 | $64,620 | $63,493 | IRS |
| 990 | December 2021 | $53,670 | $41,986 | $105,969 | XML |
| 990 | December 2020 | – | – | – | 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 99-0349613).
Questions about MAKING DREAMS COME TRUE VALLEY OF RAINBOWS INC
- What is the EIN of MAKING DREAMS COME TRUE VALLEY OF RAINBOWS INC?
- The employer identification number (EIN) of MAKING DREAMS COME TRUE VALLEY OF RAINBOWS INC is 99-0349613.
- Is MAKING DREAMS COME TRUE VALLEY OF RAINBOWS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to MAKING DREAMS COME TRUE VALLEY OF RAINBOWS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAKING DREAMS COME TRUE VALLEY OF RAINBOWS 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 MAKING DREAMS COME TRUE VALLEY OF RAINBOWS 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 MAKING DREAMS COME TRUE VALLEY OF RAINBOWS 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 MAKING DREAMS COME TRUE VALLEY OF RAINBOWS INC?
- The 990 for the year ended December 31, 2024 names DENICE KELIIKOA.
- Who are the officers and directors of MAKING DREAMS COME TRUE VALLEY OF RAINBOWS INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does MAKING DREAMS COME TRUE VALLEY OF RAINBOWS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $103,722, expenses of $69,724 and total assets of $77,361 at year end.
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