Rainbow Chinese School is located in Cupertino, CA. The organization was established in 1990. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rainbow Chinese School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2024, Rainbow Chinese School generated $37.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $79.3k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE CHINESE LANGUAGE LESSONS ONCE A WEEK TO ABOUT 100 STUDENTS RANGING FROM 4 TO 17 YEARS OF AGE. THE SCHOOL PROVIDES THE OPPORTUNITY TO LEARN THE CHINESE LANGUAGE AND CULTURE TO ALL INTERESTED PERSONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Suen Principal | 20 | $0 | |
Grace Lim Vice Principal | 20 | $0 | |
Wai Lau Board Chair | 20 | $0 | |
Tina Cheng Treasurer | 20 | $0 | |
Chea-Hwa Siu Curriculum Lead | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $37,267 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $152 |
| Total Revenue | $37,419 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,614 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $25,888 |
| Printing, publications, postage, and shipping | $333 |
| Other expenses | $17,502 |
| Total expenses | $79,337 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $306,193 |
| Other assets | $0 |
| Total assets | $306,193 |
| Total liabilities | $0 |
| Net assets or fund balances | $306,193 |