BETA

RAINBOW WORLD FUND: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
RAINBOW WORLD FUND (EIN 94-3372560)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202333199349318648
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-15T15:42:13-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN454188342PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL K WHITE CPA & ASSOCIATESBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14304 18TH ST 14437AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94114ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN943372560EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RAINBOW WORLD FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRAINBusinessNameControlTxt
Phone4154311485PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 14480AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP941140480ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFF COTTERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4154311485PhoneNum
Signature2023-11-15SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJEFFPersonFirstNm
Person LastCOTTERPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL K WHITEPreparerPersonNm
PTINP01235710PTIN
Phone4156212261PhoneNum
Preparation2023-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJEFF COTTERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line139 SEWARD STAddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94114ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$87,708GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.RAINBOWFUND.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionRAINBOW WORLD FUND RAISES AWARENESS AND RESPONSE TO VARIOUS WORLD NEEDS AND IT DIRECTS RECEIPTS (CASH AND NON-CASH) TO ESTABLISHED US BASED HUMANITARIAN AIDS ORGANIZATIONS FOR SPECIFIC PROGRAMS AND PROJECTS THAT ADDRESS THE VARIOUS NEEDS LARGELY, THOUGH NOT EXCLUSIVELY, IN THE UNDER AND DEVELOPING WORLD.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$74,547PYContributionsGrantsAmt
CY Contributions Grants$87,707CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1PYInvestmentIncomeAmt
CY Investment Income$1CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$74,548PYTotalRevenueAmt
CY Total Revenue$87,708CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$60,028PYOtherExpensesAmt
CY Other Expenses$76,670CYOtherExpensesAmt
PY Total Expenses$60,028PYTotalExpensesAmt
CY Total Expenses$76,670CYTotalExpensesAmt
PY Revenues Less Expenses$14,520PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$11,038CYRevenuesLessExpensesAmt
Total Assets BOY$65,775TotalAssetsBOYAmt
Total Assets EOY$59,743TotalAssetsEOYAmt
Total Liabilities BOY$17,070TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$48,705NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$59,743NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionRAINBOW WORLD FUND RAISES AWARENESS AND RESPONSE TO VARIOUS WORLD NEEDS AND IT DIRECTS RECEIPTS (CASH AND NON-CASH) TO ESTABLISHED US BASED HUMANITARIAN AIDS ORGANIZATIONS FOR SPECIFIC PROGRAMS AND PROJECTS THAT ADDRESS THE VARIOUS NEEDS LARGELY, THOUGH NOT EXCLUSIVELY, IN THE UNDER AND DEVELOPING WORLD.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$50,854ExpenseAmt
DescDISTRIBUTIONS OR GRANTS GIVEN TO QUALIFYING ORGANIZATIONS & HUMANITARIAN AID TO ORGANIZATIONS WORLDWIDE. EXPENSES ARE INCURRED IN DEVELOPMENT OF THE TREE OF HOPE, COLLECTIONOS OF MEDICAL SUPPLIES & OTHER PROJECTS TO PROMOTE THE GOALS OF THE ORGANIZATION AND SUPPORT VOLUNTEERS. DURING 2019 OVER 4,000 VOLUNTEERS HOURS WERE PROVIDED THROUGH RAINBOW WORLD FUND AT AN ESTIMATED VALUE OF 172,629.Desc
Total Program Service Expenses$50,854TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMICHAEL WHITEPersonNm
Phone4154311485PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14111 18TH ST SUITE 8AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94114ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JEFF COTTER
PRESIDENTYes (X)Yes (X)$0$0$0
KAREN N KAI
SECRETARYYes (X)Yes (X)$0$0$0
YEW-HOE TAN
DIRECTORYes (X)$0$0$0
MICHAEL WHITE
TREASURERYes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$87,707AllOtherContributionsAmt
Total Contributions$87,707TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1TotalRevenueColumnAmt
Related Or Exempt Func Income$1RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$87,708TotalRevenueColumnAmt
Related Or Exempt Func Income$1RelatedOrExemptFuncIncomeAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$529TotalAmt
Program Services$401ProgramServicesAmt
Management And General$128ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$973TotalAmt
Program Services$973ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$24,023TotalAmt
Management And General$24,023ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,665TotalAmt
Management And General$1,665ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
AIDS GRANTS/HUMANITARIAN$44,693$44,693
NETWORK FOR GOOD FEES$4,012$4,012
BANK CHARGES$361$361
OTHER$217$217

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$197TotalAmt
Program Services$197ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$76,670TotalAmt
Program Services$50,854ProgramServicesAmt
Management And General$25,816ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$65,775BOYAmt
EOY$59,743EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$65,775BOYAmt
EOY$59,743EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,070BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,070BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$48,705BOYAmt
EOY$59,743EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$48,705BOYAmt
EOY$59,743EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$65,775BOYAmt
EOY$59,743EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$11,038ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$40,908CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$85,117CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$60,300CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$74,547CurrentTaxYearMinus1YearAmt
Current Tax Year$87,707CurrentTaxYearAmt
Total$348,579TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$40,908CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$85,117CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$60,300CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$74,547CurrentTaxYearMinus1YearAmt
Current Tax Year$87,707CurrentTaxYearAmt
Total$348,579TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$348,579PublicSupportTotal170Amt
Total Support$348,579TotalSupportAmt
Gross Receipts Rltd Activities$5GrossReceiptsRltdActivitiesAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONRAINBOW WORLD FUND RAISES AWARENESS AND RESPONSE TO VARIOUS WORLD NEEDS AND IT DIRECTS RECEIPTS (CASH AND NON-CASH) TO ESTABLISHED US BASED HUMANITARIAN AIDS ORGANIZATIONS FOR SPECIFIC PROGRAMS AND PROJECTS THAT ADDRESS THE VARIOUS NEEDS LARGELY, THOUGH NOT EXCLUSIVELY, IN THE UNDER AND DEVELOPING WORLD.
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC

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