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Nonprofit · EIN 58-1868026

UNDER THE RAINBOW INC

Tax-exempt · NEWPORT, AR 72112

Financials

$587K$505K2021$444K$501K2023$423K$461K2024
Revenue Expenses · by fiscal year end
Financials of UNDER THE RAINBOW INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$422,563$461,222-$38,659$81,205$223,209-$142,004
December 31, 2023990$443,810$501,391-$57,581$78,816$144,257-$65,441
December 31, 2021990$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.

NameTitleHours / weekCompensation
Hannah SimpsonPresident
Trustee or director, Officer
45$0
Susan HubbardDirector
Officer
0$0
Rhonda BellSecretary
Officer
0$0
Shirley SandersDirector
Officer
0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
HANNAH SIMPSONPRESIDENT
Trustee or director, Officer
45$0
SUSAN HUBBARDDIRECTOR
Officer
0$0
RHONDA BELLSECRETARY
Officer
0$0
SHIRLEY SANDERSDIRECTOR
Officer
0$0
990 for the year ended December 31, 2021: 4 people
NameTitleHours / weekCompensation
HANNAH SIMPSONPRESIDENT
Trustee or director, Officer
45$0
SUSAN HUBBARDDIRECTOR
Officer
0$0
RHONDA BELLSECRETARY
Officer
0$0
SHIRLEY SANDERSDIRECTOR
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

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$422,563$461,222$81,205XML
990December 2023$443,810$501,391$78,816XML
990December 2022$477,235$496,954$104,582IRS
990December 2021$587,271$504,518$72,398XML
990December 2020–––IRS
990December 2018–––IRS
990December 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 58-1868026).

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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