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Rainbow Private Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Named Trusts/Foundations N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$587k (2024)

Expenses
$258k (2024)

Total Assets
$4.82M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$587,349
Expenses
$257,521
Net Income
$329,828
Net Assets
$4,817,175
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $10,116
1.7%
Dividends $174,620
29.7%
Sales of Assets $402,613
68.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $226,716
88.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,817,175
Total Liabilities $0
Net Assets $4,817,175
Compensation
Key Employees and Officers Compensation Other
Ashley Wu (Dir, Pres, Sec) $0 $0
Richard Wu (Vp, Dir) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$48,462
Expenses
$279,701
Net Income
-$231,239
Net Assets
$4,487,347
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $13,629
28.1%
Dividends $180,340
> 100%
Sales of Assets -$145,507
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $257,082
91.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,487,347
Total Liabilities $0
Net Assets $4,487,347
Compensation
Key Employees and Officers Compensation Other
Ashley Wu (Vp, Dir, Pres, Sec) $0 $0
Richard Wu (Vp, Dir) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$309
Expenses
$87,944
Net Income
-$87,635
Net Assets
$4,718,586
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2,529
> 100%
Dividends $123,547
> 100%
Sales of Assets -$125,767
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $67,472
76.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,718,586
Total Liabilities $0
Net Assets $4,718,586
Compensation
Key Employees and Officers Compensation Other
Ashley Wu (Vp) $0 $0
Richard Wu (Vp) $0 $0
Yalan Wu (Pres, Dir, Sec) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$143,817
Expenses
$146,714
Net Income
-$2,897
Net Assets
$4,806,221
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $35
0.0%
Dividends $135,465
94.2%
Sales of Assets $8,317
5.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $125,300
85.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,806,221
Total Liabilities $0
Net Assets $4,806,221
Compensation
Key Employees and Officers Compensation Other
Ashley Wu (Vp) $0 $0
Yalan Wu (Pres, Dir, Sec) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$191,939
Expenses
$285,751
Net Income
-$93,812
Net Assets
$4,809,117
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $328
0.2%
Dividends $133,663
69.6%
Sales of Assets $57,948
30.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $263,170
92.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,809,118
Total Liabilities $1
Net Assets $4,809,117
Compensation
Key Employees and Officers Compensation Other
Ashley Wu (Vp) $0 $0
Yalan Wu (Pres, Dir, Sec) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$238,429
Expenses
$229,017
Net Income
$9,412
Net Assets
$4,902,929
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $100,000
41.9%
Interest Revenue $1,863
0.8%
Dividends $140,184
58.8%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $213,216
93.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,902,930
Total Liabilities $1
Net Assets $4,902,929
Compensation
Key Employees and Officers Compensation Other
Ashley Wu (Vp) $0 $0
Yalan Wu (Pres, Dir, Sec) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,991,088
Expenses
$218,573
Net Income
$2,772,515
Net Assets
$4,893,518
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,000,000
> 100%
Interest Revenue $3,005
0.1%
Dividends $105,077
3.5%
Sales of Assets -$117,720
Other Income $726
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $211,093
96.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,893,518
Total Liabilities $0
Net Assets $4,893,518
Compensation
Key Employees and Officers Compensation Other
Ashley Wu (Vp) $0 $0
Yalan Wu (Pres / Dir / Sec) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$58,938
Expenses
$228,559
Net Income
-$169,621
Net Assets
$2,121,003
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2,314
3.9%
Dividends $50,070
85.0%
Sales of Assets $5,867
10.0%
Other Income $687
1.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $226,158
98.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,121,003
Total Liabilities $0
Net Assets $2,121,003
Compensation
Key Employees and Officers Compensation Other
Ashley Wu (Vp) $0 $0
Yalan Wu (Pres, Dir, Sec) $0 $0
Ying Wu (Vp) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,095,143
Expenses
$78,086
Net Income
$1,017,057
Net Assets
$2,290,624
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,000,000
91.3%
Interest Revenue $1,088
0.1%
Dividends $40,610
3.7%
Sales of Assets $51,289
4.7%
Other Income $2,156
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $77,217
98.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,290,624
Total Liabilities $0
Net Assets $2,290,624
Compensation
Key Employees and Officers Compensation Other
Yalan Wu (Pres / Dir / Sec) $0 $0
Ying Wu (Vp) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$6,741
Expenses
$67,607
Net Income
-$60,866
Net Assets
$1,273,567
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $296
4.4%
Dividends $34,340
> 100%
Sales of Assets -$27,532
Other Income -$363
Notable Expenses Percent of Total Expenses
Charitable Disbursements $67,242
99.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,273,567
Total Liabilities $0
Net Assets $1,273,567
Compensation
Key Employees and Officers Compensation Other
Yalan Wu (Pres / Dir / Sec) $0 $0
Ying Wu (Vp) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$340,303
Expenses
$49,403
Net Income
$290,900
Net Assets
$1,334,433
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $370,000
> 100%
Interest Revenue $109
0.0%
Dividends $30,055
8.8%
Sales of Assets -$58,938
Other Income -$923
Notable Expenses Percent of Total Expenses
Charitable Disbursements $48,283
97.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,334,433
Total Liabilities $0
Net Assets $1,334,433
Compensation
Key Employees and Officers Compensation Other
Yalan Wu (Pres / Dir / Sec) $0 $0
Ying Wu (Vp) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$46,003
Expenses
$58,732
Net Income
-$12,729
Net Assets
$1,043,533
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $162
0.4%
Dividends $23,877
51.9%
Sales of Assets $23,020
50.0%
Other Income -$1,056
Notable Expenses Percent of Total Expenses
Charitable Disbursements $57,398
97.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,043,533
Total Liabilities $0
Net Assets $1,043,533
Compensation
Key Employees and Officers Compensation Other
Yalan Wu (Pres / Dir / Sec) $0 $0
Ying Wu (Vp) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$76,704
Expenses
$62,096
Net Income
$14,608
Net Assets
$1,056,261
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $333
0.4%
Dividends $25,866
33.7%
Sales of Assets $51,479
67.1%
Other Income -$974
Notable Expenses Percent of Total Expenses
Charitable Disbursements $60,917
98.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,056,262
Total Liabilities $1
Net Assets $1,056,261

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$45,226
Expenses
$87,086
Net Income
-$41,860
Net Assets
$1,041,653
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $362
0.8%
Dividends $26,858
59.4%
Sales of Assets $19,017
42.0%
Other Income -$1,011
Notable Expenses Percent of Total Expenses
Charitable Disbursements $84,522
97.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,041,654
Total Liabilities $1
Net Assets $1,041,653

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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