Form 990 for tax year 2022
Filed by RAINBOW CHILD LEARNING CENTER INC.
Totals
- Total revenue
- $126,039
- Total expenses
- $419,367
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $126,029
- Investment income
- $0
- Other revenue
- $10
- Total assets, end of year
- $270,364
- Total liabilities, end of year
- $49,494
- Net assets or fund balances, end of year
- $220,870
- Program services expenses (Part IX)
- $345,634
- Management and general expenses
- $73,733
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $345,634
Program services were 82.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: SERVICE REVENUE
total $126,029 · related or exempt $126,029
-
11a · Other revenue: INTEREST INCOME
total $10 · excluded $10
-
11e · Other revenue, total
$10
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $56,157 · program services $42,118 · management and general $14,039
-
11b · Fees: legal
total $14,104 · program services $10,578 · management and general $3,526
-
11g · Fees: other
total $83,110 · program services $70,637 · management and general $12,473
-
13 · Office expenses
total $51,835 · program services $38,876 · management and general $12,959
-
17 · Travel
total $3,042 · program services $3,042
-
22 · Depreciation, depletion and amortization
total $8,000 · program services $8,000
-
23 · Insurance
total $9,740 · program services $7,305 · management and general $2,435
-
24a · Other expenses: Bank Charges
total $265 · program services $265
-
24b · Other expenses: Credit Card Collection
total $11,669 · program services $11,669
-
24c · Other expenses: Utilities
total $13,151 · program services $9,863 · management and general $3,288
-
24e · All other expenses
total $168,294 · program services $143,281 · management and general $25,013
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $285,694 · end of year $35,866
-
3 · Pledges and grants receivable
end of year $6,010
-
10a · Land, buildings and equipment: cost or other basis
$256,466
-
10b · Land, buildings and equipment: accumulated depreciation
$27,978
-
10c · Land, buildings and equipment, net
beginning of year $228,488 · end of year $228,488
-
23 · Secured mortgages and notes payable
beginning of year $47,176 · end of year $49,494
-
27 · Net assets without donor restrictions
beginning of year $467,006 · end of year $220,870
Mission and programs · 2022
Mission
Child Learning and Development
-
As Child learning and development center and registered as not for profit organization Rainbow exempt purpose is met.
Expenses $345,634
As filed on the 2022 return.
Listed in Part VII
-
Crystal HammondCRYSTAL HAMMOND
President
- Total calculated
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322859349302127
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