Nonprofit · EIN 93-2291456
SIDNEY MAE OLSON RAINBOW FUND INC
Tax-exempt · ANDOVER, MA 01810
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $21,208 | $5,668 | $15,540 | $114,214 | $0 | $114,214 |
| December 31, 2023 | 990-EZ | $99,743 | $1,069 | $98,674 | $98,674 | $0 | $98,674 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $23,124
- Net income from fundraising events
- -$1,916
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $5,668
- Program services (functional)
- $17,951
Balance sheet and other
- Total assets, start of year
- $98,674
- Total assets, end of year
- $114,214
- Total liabilities, end of year
- $0
- Net assets, end of year
- $114,214
- Cash, savings and investments
- $114,214
- Gross receipts
- $33,491
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDA SHOTTES BOUCHARD | DIRECTOR | 1 | $0 |
| ERIC OLSON | PRESIDENT/DIRECTOR | 5 | $0 |
| MARY BETH ELLIS | VICE PRESIDENT/DIRECTOR | 5 | $0 |
| PEGGIE RITZER | TREASURER/DIRECTOR | 1 | $0 |
| LAURA HANDLER | CLERK/DIRECTOR | 2 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDA SHOTTES BOUCHARD | DIRECTOR | 1 | $0 |
| ERIC OLSON | PRESIDENT/DIRECTOR | 5 | $0 |
| MARY BETH ELLIS | VICE PRESIDENT/DIRECTOR | 5 | $0 |
| PEGGIE RITZER | TREASURER/DIRECTOR | 1 | $0 |
| LAURA HANDLER | CLERK/DIRECTOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 16 HIGH ST, ANDOVER, MA 01810-3528
- Signed the 990-EZ
- ERIC OLSON, PRESIDENT
- Phone
- (303) 596-3764
- Website
- WWW.THERAINBOW.FUN
- Return prepared by
- PEGGIE L RITZER CPA
Mission
INSPIRED BY THE LEGACY OF 5-YEAR-OLD SIDNEY OLSON, OUR MISSION TO MAKE EVERY MASSACHUSETTS COMMUNITY A PLACE WHERE KIDS FEEL FREE TO WALK, RUN, BIKE, AND ROLL. WE GIVE A VOICE TO THE VULNERABLE IN THE FIGHT FOR SAFER STREETS AND VEHICLES - AND OPEN DOORS FOR KIDS TO EMBRACE HEALTHY LIFESTYLES EARLY IN LIFE. THE MISSIONS OF THE SIDNEY MAE OLSON RAINBOW FUND ARE TO HELP FAMILIES IN THE NEW ENGLAND AREA REALIZE THEIR FULL POTENTIAL BY PROVIDING ACCESS TO AND FUNDING FOR (I) CURIOSITY-BASED EDUCATIONAL PROGRAMS, INCLUDING FULL-TIME AND PART-TIME SCHOOLING AND CAMPS, (II) PUBLIC-SAFETY PROGRAMS WITH A FOCUS ON PEDESTRIAN AND CYCLIST SAFETY FOR VULNERABLE POPULATIONS, AND (III) AMATEUR SPORTS PROGRAMS INTENDED TO FOSTER A LOVE OF RUNNING, BIKING AND SWIMMING. IN FURTHERANCE OF SUCH PURPOSES, THE CORPORATION SHALL HAVE THE SAME POWERS AS AN INDIVIDUAL TO DO ALL THINGS NECESSARY OR CONVENIENT TO CARRY OUT THE PURPOSES.
Program accomplishments
- THE ORGANIZATION HOLDS A VARIETY OF CLASSES AND EVENTS AS WELL AS ATTENDING FARMERS MARKETS.THE PROCEEDS ARE USED TO PROVIDE ADDITIONAL SERVICES IN THE COMMUNITY. DURING 2024 INCLUDING RUNNING PROGRAMS, COMMUNITY EVENTS AND STREET SAFETY EVENTS,Expenses $17,951
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 93-2291456
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $114,214
- Income (IRS master file)
- $33,491
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $21,208 | $5,668 | $114,214 | IRS |
| 990-EZ | December 2023 | $99,743 | $1,069 | $98,674 | XML |
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 93-2291456).
Questions about SIDNEY MAE OLSON RAINBOW FUND INC
- What is the EIN of SIDNEY MAE OLSON RAINBOW FUND INC?
- The employer identification number (EIN) of SIDNEY MAE OLSON RAINBOW FUND INC is 93-2291456.
- Is SIDNEY MAE OLSON RAINBOW FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to SIDNEY MAE OLSON RAINBOW FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SIDNEY MAE OLSON RAINBOW FUND INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of SIDNEY MAE OLSON RAINBOW FUND 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 SIDNEY MAE OLSON RAINBOW FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of SIDNEY MAE OLSON RAINBOW FUND INC?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does SIDNEY MAE OLSON RAINBOW FUND INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $21,208, expenses of $5,668 and total assets of $114,214 at year end.
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