Overview
What is Rainbow Dreams Educational Foundation?
Rainbow Dreams Educational Foundation is a nonprofit organization situated in Las Vegas, Nevada. Its primary mission is to empower historically underserved communities by offering educational and cultural programs and services. Rainbow Dreams Academy Charter School, a key initiative, provides early childhood education and support to at-risk youth, with a focus on under-served populations. Serving over 300 students in Pre-K and Kindergarten, the school offers a tuition-free, full-day STEM-based academic program, emphasizing smaller teacher-to-student ratios. The foundation's efforts extend beyond the classroom through its Dream Care program, providing free tutoring, daily nutritional services, school supplies, and uniforms. The organization's staff is dedicated to fostering a passion for learning and personal responsibility in its students, aiming to cultivate future leaders within the community.
Official website here: www.rainbowdreamsfoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating
Rainbow Dreams Educational Foundation has earned an 84% score on Charity Navigator, which reflects a solid level of accountability and financial health. The organization boasts a fully independent board, with 100% of its members meeting independence criteria. Additionally, it shows diligence in governance practices by having all necessary policies documented and board meeting minutes available.
Strengths of the foundation include a favorable liabilities to assets ratio of 14.12%, indicating sound financial management. Furthermore, the foundation's commitment to transparency is evident through their compliance with various governance policies, including conflict of interest and whistleblower policies, all of which contribute positively to their overall rating.
However, the organization’s program expense ratio stands at 59.96%, suggesting that a portion of its expenses may not directly support its programs. This area could be improved to enhance its effectiveness in delivering on its mission. Overall, Rainbow Dreams Educational Foundation demonstrates strong governance and financial practices but may benefit from increasing the proportion of funds allocated directly to its educational programs.
This AI summary has been generated from information found on Charity Navigator.
Is Rainbow Dreams Educational Foundation legitimate?
Rainbow Dreams Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rainbow Dreams Educational Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.rainbowdreamsfoundation.org/
What is the mission statement of Rainbow Dreams Educational Foundation?
Rainbow Dreams Educational Foundation's mission is to bolster historically underserved communities in Nevada through educational and cultural programs and services. They accomplish this by providing early childhood education, family engagement, and professional development to at-risk youth in under-served populations. Established in 2007, the foundation serves over 300 students in Pre-K and Kindergarten, offering a full-day STEM-based academic program with smaller teacher-to-student ratios. Their commitment extends beyond the classroom, providing free nutritional services, school supplies, and uniforms through their Dream Care program. The foundation's educators, administrators, and support staff are dedicated to helping students meet academic demands and become lifelong learners and contributing members of society.
Official website here: www.rainbowdreamsfoundation.org/
Who is the CEO of Rainbow Dreams Educational Foundation?
Debra Toney is the Board Member of Rainbow Dreams Educational Foundation.
Official website here: www.rainbowdreamsfoundation.org/
What is the revenue of Rainbow Dreams Educational Foundation?
Rainbow Dreams Educational Foundation's revenue in 2022 was $192,804.
Official website here: www.rainbowdreamsfoundation.org/
Who are the executives of Rainbow Dreams Educational Foundation and what are their salaries?
There 50 volunteers at Rainbow Dreams Educational Foundation.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rainbowdreamsfoundation.org/
Where can I find the form 990 for Rainbow Dreams Educational Foundation?
Rainbow Dreams Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rainbowdreamsfoundation.org/
Learn more at the official website: www.rainbowdreamsfoundation.org/
Mission Statement of Rainbow Dreams Educational Foundation
Rainbow Dreams Educational Foundation is dedicated to enhancing and empowering historically disadvantaged communities in southern Nevada through educational and cultural initiatives. The organization's primary goal is to strengthen these communities by offering a range of programs and services that focus on early childhood education, family engagement, and professional development.
Rainbow Dreams Educational Foundation has a particular focus on at-risk youth in under-served populations, aiming to provide them with a strong educational foundation. The foundation's flagship program, Rainbow Dreams Academy Charter School, serves over 300 students in Pre-K and Kindergarten, offering a tuition-free, full-day STEM-based academic program. The school prides itself on smaller teacher-to-student ratios and a team of highly qualified and dedicated educators, administrators, and support staff who are committed to helping students succeed.
Beyond academic support, Rainbow Dreams Academy Charter School also offers additional resources through its Dream Care program. This initiative provides free daily nutritional services, school supplies, and uniforms to enrolled students. The program also offers a before and after school tutoring service, ensuring that students have the necessary support to meet the demands of their challenging curriculum. By embracing diversity, encouraging cultural and artistic expression, and engaging in community outreach, Rainbow Dreams Educational Foundation is not just educating students but also nurturing them to become responsible, accountable, and contributing members of society.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Rainbow Dreams Educational Foundation makes a significant impact on historically underserved communities in Southern Nevada by providing essential educational and cultural programs. Through the Rainbow Dreams Academy Charter School, the foundation serves over 300 at-risk students in Pre-K and Kindergarten, offering a solid educational foundation that embraces diversity and encourages cultural expression.
Since its establishment in 2007, the program has evolved from serving just 52 students to creating a nurturing environment that prioritizes academic success and personal responsibility. The foundation's initiatives, such as the "Dream Care" program, offer valuable resources including before and after school tutoring, free nutritional services, and essential school supplies, ensuring that students have the support they need to thrive.
With a focus on a STEM-based curriculum delivered in smaller class sizes, the educators at Rainbow Dreams Academy are dedicated to fostering lifelong learning and equipping students with the skills necessary to become active and responsible members of their communities. This commitment to education and community engagement contributes to breaking the cycles of disadvantage and empowering the next generation to become leaders.
This information is meant to be a general summary of Rainbow Dreams Educational Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $13,403
- Gross Receipts: $192,804
Assets and Liabilities:
- Total Assets: $454,727
- Total Liabilities: $1,346
- Net Assets: $453,381
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1999
Phone
(702) 596-9610Principal Officer
Debra Toney
Main Address
950 W Lake Mead Blvd, Las Vegas, NV, 89106
NTEE Category
Code: B82 - Education
If you are a representative of Rainbow Dreams Educational Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.